DSK 1.38% $1.10 dusk group limited

Ann: CEO Transition Update, page-17

  1. 124 Posts.
    lightbulb Created with Sketch. 57
    I love the selection bias from the Captain Hindsight's here.

    "BBRC selling at IPO was enough to steer clear of DSK"

    Yet they forget to mention BBRC sold half their holding at $2 for the LOV IPO.
    (not a slight on BB)

    https://hotcopper.com.au/data/attachments/5363/5363307-bb8607b9b7dcaa0e940974209bd48ac8.jpg
    Retail is in a negative part of the cycle with negative operating leverage working against it. That will change, it always does.
    DSK now available for under $40m EV having done $9m NPAT from 110 stores in the more normal environment of FY20, since then store count +35% and counting.
    IMO the ASX is the most inefficient market (just comp domestic retail to global retail indices) - ASX prefers to punt not invest. GLTA.
 
watchlist Created with Sketch. Add DSK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.