The prospects of Dicker Data are impressive in the circumstances...

The prospects of Dicker Data are impressive in the circumstances of greater work from home flexibility in a range of workplaces. This very positive situation combined with a relatively young and energetic company management point to increasing returns for shareholders until the inevitable discovery of DDR by a bigger player on the expansion trail.
Potential long term partners could include the likes of Wesfarmers and Harvey Norman who have the requisite expertise to recognise the value of DDR noting that David Dicker has expressed an interest in reducing his position in the company. As the holder of 35% David is in a position to agree to a takeover on the right terms. As a shareholder I take comfort in this man's integrity and ability to assess a future partner. With low interest rates the prospect of M&A activity later this year add up to mean DDR is a very attractive prize. I suggest an offer pitched above $15 would be required and if it does not eventuate we are likely to see the market hit this level in the current financial year.