@Joey6 great insights! Thank you for putting them forward. As a holder I tend to agree with your view and these are definite risks. The three points that I really like as a holder for 3-5 years are:
- 90 RnD staff out of approx 200 employees. Demonstrates ability to scale and adapt for customer needs. - Industrial tail winds for higher compliance/regulation requirements. - Cost synergies out of Vault acquisition improving cash generation metrics.
The sales growth looks good, however in a world of higher compliance and protection requirements, Damstra seems to have a steady formula that can win in this space.
The telling sign will be the half year results. If they continue strong momentum and cut through "COVID delays", you currently have a bargain on your hands.
Time will tell.
DTC Price at posting:
87.0¢ Sentiment: Buy Disclosure: Held