DDR 1.23% $8.85 dicker data limited

"But I tell you what...DDR has shafted their holders. No way...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 415 Posts.
    lightbulb Created with Sketch. 99
    "But I tell you what...DDR has shafted their holders. No way should DDR be releasing dividend announcements prior to reporting company results. It's deceitful and lacks any form of integrity"

    You are not alone, the shift in reporting from DDR shows a disregard for shareholders.

    You use to be able to set your clock by announcements, and even forecast divs pretty accurately. Either David no longer gives a shit or he is too far removed from the business he created. It's probably both. I have lost a lot of well deserved faith in DDR management but I once heard David say the business is for sale at any time for the right price. I don't think this is too far away now because he has lost his passion for it and he is getting older so I do expect in the next 12-18 months he will get a takeover offer at a healthy premium and that will be a nice exit point for me.

    I have quite a bit of DDR and was prepared to hold for a long time due to the consistency and growth. These two factors are no longer prevalent so I would comfortably reduce my holdings at the right time.
 
watchlist Created with Sketch. Add DDR (ASX) to my watchlist
(20min delay)
Last
$8.85
Change
-0.110(1.23%)
Mkt cap ! $1.597B
Open High Low Value Volume
$8.99 $8.99 $8.82 $925.6K 104.2K

Buyers (Bids)

No. Vol. Price($)
2 1510 $8.84
 

Sellers (Offers)

Price($) Vol. No.
$8.88 33 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
DDR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.