Bayd76, FWIW I've held DDR for many years, used to have a sizeable 6 figure holding. I think the price has reached it's short term potential for a while and as such I have reduced my holding to a token amount. Not to say that the price won't keep appreciating, but in my view the risks are increasing; for example (list not complete!):
1/ general recession leading to reduction in tech purchases
2 / loss or key supplier (always a risk, losing HP was the last biggie I recall)
3 / David Dicker isn't getting any younger, what will be the impact if/when he reduces his influence on the company?
4 / Will David/Fiona ever decide to cash in their huge shareholding and enjoy their retirements? Who will these shares go to and what will be the impact on SP?
5 / Trade war (no idea what this means in fact but it sounds bad!! Perhaps application of tariffs which reduce sales and add administrative complexity)
6 / Funding for new warehouse - how much, how? Cap raising? Withhold/Reduce Dividend?
7 / General market collapse, imo the market generally is stretched, DDR valuations are pretty high at the moment - p/e of 26?
I'm sure there's more and others can add to the list. But in response to the OP I personally wouldn't keep buying more just because it has gone up in the recent past. Again only IMO this is not a "growth" stock like ATP, APX etc but a mature business which has just been re-rated.
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Bayd76, FWIW I've held DDR for many years, used to have a...
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Last
$7.82 |
Change
-0.030(0.38%) |
Mkt cap ! $1.413B |
Open | High | Low | Value | Volume |
$7.85 | $7.93 | $7.81 | $11.42M | 1.459M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 19701 | $7.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.83 | 48823 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 19701 | 7.810 |
16 | 15486 | 7.800 |
6 | 56917 | 7.790 |
2 | 1100 | 7.780 |
2 | 11767 | 7.770 |
Price($) | Vol. | No. |
---|---|---|
7.830 | 48823 | 2 |
7.840 | 18668 | 3 |
7.870 | 11224 | 1 |
7.880 | 24412 | 3 |
7.890 | 7149 | 4 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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