DSE 1.85% 26.5¢ dropsuite limited

no and no.i'd rather see them pursue growth through better...

  1. 286 Posts.
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    no and no.
    i'd rather see them pursue growth through better marketing and higher quality acquisitions rather than using it to buy back or give a measley dividend. chase growth whilst market tailwinds are evident.
    DSE is in a high PE multiple so it was always going to pullback with any market pullback. given how heavy the market has been smashed especially the tech secor its held up quite well.
    DSE is peofitable and has 20mil in the bank. so this is fabourable in this environment.

    risks: with an acqusition looking likely given that management have no experience of acquisitions and intergrating them a lot of people may be holding out to see what they purchase first. positively i like that management are being diligent with any options they look at and not rushing in to it. they have also suggested any purchase would be accreitive so they are looking at another poaitive ebitda run company therefore hopefully reducing any liklihood of another CR in the future.
    i'm okay with how things are progressing at the moment.
 
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