Hi ads75,
I have actually been considering selling some of my holdings in DWS but their prospects just look too strong.
Considering they beat their prospectus revenue forecast by nearly 10% even after they had 6-9 months worths of actual data suggests they could do it again by a larger margin in 2007.
I will be paying very close attention to their 6 monthly results to be released early 2007.
If they produce a revenue number around $30m or higher and hold their NPAT margin at around 20%, NPAT could be in the range of $12.5m - $14m.
Compared to the prospectus forecast of $11m, this would send the share price north of $2 IMO.
Also consider this - from prior year financial reports lodged when they floated, before the company was listed they ran an NPAT margin of 30%!! Now the structure of the comany is very different today, but if they could get their NPAT margin moving up from 20% things will be very interesting indeed.
Are you still holding?
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