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
- Forums
- ASX - By Stock
- Ann: DSK 1H FY24 Investor Presentation
You are associating share price with business performance. Like...
-
-
- There are more pages in this discussion • 19 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
$1.10 |
Change
0.010(0.92%) |
Mkt cap ! $68.18M |
Open | High | Low | Value | Volume |
$1.09 | $1.11 | $1.09 | $105.3K | 96.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19485 | $1.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.10 | 7259 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19485 | 1.085 |
2 | 46412 | 1.080 |
1 | 2300 | 1.035 |
2 | 10029 | 1.020 |
4 | 19500 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
1.100 | 7009 | 15 |
1.105 | 628 | 2 |
1.110 | 1200 | 1 |
1.120 | 4752 | 1 |
1.130 | 26518 | 2 |
Last trade - 14.08pm 06/09/2024 (20 minute delay) ? |
Featured News
DSK (ASX) Chart |