DCC 5.41% 3.5¢ digitalx limited

DCC chart, page-670

  1. 446 Posts.
    lightbulb Created with Sketch. 36
    Hi Theofanis. Hope you are doing well.
    I would lije to express my thoughts about investing in DCC .
    - The company has the BTC fund and Drawbridge.
    Could you please calculate the revenues and earnings of those services ?

    In 2017 , for a short time , DCC made high revenues and earnings. Was alone in the field , excellent proxy for BTC.
    Today there are world class companies that operate within the BTC ecosystem. Many of them were not existed in 2017. So , investors can buy these profitable companies instead of DCC.

    The stock price of DCC is purely based on the BTC high price not on the company's performance . I don't dare even to think what will happen to DCC stock if a BTC price correction will take place .

    I am not against BTC od DCC . I am with the companies that have revenues, earnings, free cash flows.
    Yes , I will buy again a company that makes use of blockchain . But with sound fundamentals and international support - recognition .

    Sincerely yours ! Happy New Year!
 
watchlist Created with Sketch. Add DCC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.