In fact, Dicker Data came a pen's stroke away from a sale in the early 2000s, but the buyer got cold feet at the last minute. "Nothing has changed," he says. "It is up for sale for the right price but no one has ever offered the right price. Everyone knows that is my attitude."
What would that price be? Dicker Data's market capitalisation is around $300 million, and David says he would expect a premium over that valuation.
What does he think of the current speculation about an impending sale? They're "more like conjecture than rumours", he says. "No one has spoken to me about a deal."
On Tech Data, David says: "That rumour comes up every year". On Avnet, he adds: "If the Avnet guys were on the ball, they would have bought Dicker Data years ago."
If this is true, so long as the 'premium' is high enough, I'm for it.
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