They just did $80m/15% more than their biggest quarter last year which was in the middle of supplying the higher demand for work from home, while also increasing margins ......what an outstanding result
They made PBT of 46m for FY2018.....and there is every chance that 3 years later they will be able to double that result.
The price at ~$11.50 looks to be trading at a PE of 30 (on very achievable EPS of 37.5c) is probably the only thing holding it back from moving higher
Just an amazing amazing team and company involved in a low margin distribution business......maybe they should set up a consulting arm to help a few other companies to get their distribution correct.
DDR Price at posting:
$11.47 Sentiment: Hold Disclosure: Held
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