Potential for consistent incremental growth is laid out again with the presentation and nothing new. What is new is there is a whimper of steadiness in French market.
Over last 15 years they have grown the business in Europe more than doubling through acquisitions.
Now that all the infrastructure are set up , there is no reason to believe they will do well in the future. Brand is doing extremely well in the global market, just look at USA.
The other point I like to make DMP doesn’t have achieve 7000 or so store count to push share price. I reckon just 700 additional stores and 2-3% same store sales increase over next 5 years of 2-3% with a steady inflation can take EPS to $3.25 -3.50 range.
As soon as investors accept these facts share price should start moving up to at least $50+.
Ann: European Strategy Day Presentation, page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$31.40 |
Change
-0.710(2.21%) |
Mkt cap ! $2.909B | |||
| Open | High | Low | Value | Volume |
| $31.99 | $32.12 | $31.40 | $7.958M | 250.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40 | $31.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.43 | 266 | 11 |
View Market Depth
| Last trade - 11.44am 18/09/2024 (20 minute delay) ? |
| DMP (ASX) Chart |