DDR 1.83% $9.12 dicker data limited

General News, page-252

  1. 2,053 Posts.
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    Upon reviewing the numbers again from the previous years, my expectation is now for high teens PBT growth for Q1 vs pcp. The main reason is that Q1 FY23 had a low PBT margin of 3.3% which resulted in an unusually low PBT number for the pcp. The latest PBT margin (Q4 of 2023) was 3.8%. Assuming DDR can maintain this margin and achieve a ~4% revenue uplift, I expect them to report a revenue of $800m and a PBT a touch above $30m. If they can achieve these numbers, the stock is oversold.
 
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