Yeah its been going since before the gfc but these are the years...

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oracleofctown

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18/06/22

10:18

Post #: 62069463
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Originally posted by TysonTrades101: ↑

Hey guys, long time holder but exited the trade at $2.56- bought at $3.50
A tough pill to swallow but I think the dividend and huge increase got me a little too exited and I got sick of bleeding.
I do still like this company and think they have a real chance to own the monopoly on scented candles. But after some logical thought on the business and its longevity I've come up with some negatives that I'd like to share to my fellows.

"chance to own the monopoly on scented candles"- okay so even if that is that is the case, is it logical, practical and possible for a bigger, better group to out muscle DSK? - I think yes.... Independents are getting granted pop up stores inside Westfield's selling the same product for the same price. Not great for business.... if we have market share with karen from byron bay then god help us when KMART get a whiff of what they could do. (pardon the pun)

I think DSK has not expanded in a crucial part of the retail game... diversification. where is the upsales of coffee table throw over rugs to put your candles on?where's the exotic oils that costs hundreds per oz ? where is the inclusion of CBD ? theres no exclusiveness to this brand.... IMO.... Its a business that have nabbed a hole in the market that will be soon swallowed up by the giants in the industry... ( Check out a walmart candle section in the states for a crystal ball to what could happen to this brand... SORRY TO NEG everyone out but I feel this company will be close to bust within 2-3 years.... get out while you can

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Yeah its been going since before the gfc but these are the years itll go bust lol do you even read what you write?

DSK Price at posting: $1.90 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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