DCC has become a turnaround potential now. The underlying value of the company's operations and tech is high, but damage has been done. The new board members have a lot to prove.
If I wasn't historically holding I'd be buying today, but I don't want to tie up more capital in this now. If the market does turn this around then it is set for a stellar run, otherwise it may be run into the ground.
Goes to show, background checks of key people is critical for any holding stocks!
It was a pretty good quarterly mind you.
Might see a doji candlestick today as the market decides which way to go.
DCC Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
