GS who got basically everything correctly about DMP share price, EPs and Japanese market problems, have come out with new forecast. The have changed from sale to neutral, lower forecasted increases in EPS.
Just like we have been discussing, the crucial element for the FCST is Japan. They think worst is over in Japanese market, In fact they expect the store count to go up in the near future.
As soon as positive news is flashed out of I am sure higher pe will be applied. It all depends on performance in Japan.
Ann: Trading Update, page-214
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Last
$35.98 |
Change
-0.090(0.25%) |
Mkt cap ! $3.263B | |||
| Open | High | Low | Value | Volume |
| $36.35 | $36.42 | $35.85 | $4.306M | 119.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 194 | $35.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.99 | 358 | 9 |
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| Last trade - 14.10pm 15/07/2024 (20 minute delay) ? |
| DMP (ASX) Chart |