Hoping next week presentation on France & German future prospects will begin the investor perception of the long term growth of DMP. If you have noticed the analysts FCSt for next 3 years has hardly moved over last 8 weeks, but the valuation has moved sharply. Investors are giving a very low prospects of growth in the future years for DMP. US market is full of confidence over the future with PE 30+. It is about time some actual numbers start to beat analysts FCST and previous periods for DMP, starting with Restructuring savings. We will not see this till YE accounts in August.IMO flatlining numbers for France and Japan and growth stories of Australia,Germany and USA, will be considered the beginning of the turn around for DMP.
DMP Price at posting:
$36.70 Sentiment: Buy Disclosure: Held
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(20min delay)