@LachlanC95 I hear your point of view. But its not for me. There are just so many other companies with better short-medium term business fundamentals and positive earnings momentum on the ASX. Plus there are 100's of other investment vehicles ETFs, LICs, etc. to allocate one's capital. This is a business that's struggling for a number of reasons. Much of which seems to be outside management's control. Each to their own, but I'm not prepared to have a lazy 5% of my portfolio just sitting around for 12 months (or longer) in the hope of a takeover or a miracle turnaround in this consumer discretionary sub-sector. If anything the risk is on the downside. Earnings could fall further (stay flat at best) and dividends could fall again as a result. Yes, the business might rebound at some point. But when is that going to happen > 1-2 years or more? I'd rather take the capital loss and recycle that money into something else. And admit that I was wrong about how I thought this sector / company was performing over Xmas. The only hope I can see is the RBA taking an axe to official interest rates and the consumer going on a spending splurge. In which case there would be a whole sector bull run in consumer discretionary.
- Forums
- ASX - By Stock
- DSK
- Ann: DSK 1H FY24 Investor Presentation
Ann: DSK 1H FY24 Investor Presentation, page-42
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DSK (ASX) to my watchlist
|
|||||
Last
96.0¢ |
Change
0.020(2.13%) |
Mkt cap ! $59.77M |
Open | High | Low | Value | Volume |
94.0¢ | 99.5¢ | 94.0¢ | $302.0K | 311.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4719 | 94.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4719 | 0.940 |
2 | 18804 | 0.920 |
1 | 47000 | 0.910 |
3 | 8012 | 0.900 |
2 | 12470 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.980 | 10000 | 1 |
1.000 | 25000 | 1 |
1.010 | 1000 | 1 |
1.045 | 10000 | 1 |
1.050 | 2970 | 2 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
DSK (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online