This stock is a no brainer at these prices. If you are willing to do some work check out: - the AGM presentation & commentary on boardroom radio - broker research on their website www.destra.com - my previous posts
The acquisition of Brand New Media was very smart in my opinion as it is both a PROFIT CENTRE (3rd party advertising revenue) as well as a vehicle to efficently cross-sell destra's media products. The rollout of screens on Virgin Blue seats will increase profile and profitability.
Most analysis on this stock is way too conservative on medium term (1-5 years) revenue growth rates. In addition, there is strong operating leverage because of the high fixed costs (webite infrastructure and content acquisition).
DES Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)