DSK 2.63% $1.17 dusk group limited

You are associating share price with business performance. Like...

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  1. 90 Posts.
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    You are associating share price with business performance. Like value and price - they are different. I own equivalent of 25% of a store and I am continuing to buy more.

    Saying you have been investing for decades doesn’t make you a better investor. Are 40-50 year old athletes or dinosaur employees in the same role at a company better at their jobs? Not necessarily.

    I am aware the SP can go as low as what pessimism is - I’m not trying to predict what number that is, I’m just buying on what I perceive as value - not herd mentality price.
    My time frame of 5-10 years is different to yours, let’s see where this is once things aren’t so hard for the consumer.

    I’m 28 years old, if I can get to 100% store equivalent ownership it’d mean I wouldn’t need to work earnt income as much, which may be possible in 3 years for me if the SP stays suppressed. Different ages, goals and financial needs.

    You’re right a CR is not out of the question but usually businesses do that when they need capital. Dusk doesn’t yet, and I don’t view it as likely they will or I wouldn’t keep buying more shares.

    A dividend of 6.8 cents per share is needed to achieve a 10% yield which is only earnings of $4.3 million.
    Dusk earnt $8.1 million net profit after tax 1H FY 24
 
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Last
$1.17
Change
0.030(2.63%)
Mkt cap ! $72.85M
Open High Low Value Volume
$1.15 $1.18 $1.14 $100.1K 86.36K

Buyers (Bids)

No. Vol. Price($)
1 9597 $1.17
 

Sellers (Offers)

Price($) Vol. No.
$1.18 22664 3
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Last trade - 14.01pm 12/11/2024 (20 minute delay) ?
DSK (ASX) Chart
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