DVC dca group limited

oversold and aking a comeback - green, page-5

  1. 19,939 Posts.
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    Interesting to follow the course of trades, stock being traded at $3.05/3.06 mark.

    DVC management has been caught out being too bullish in providing a wide range NPAT of $40m to $50m and trying to slip in a revised profit target into a announcement titled "DCA Plans Further Aged Care Growth"

    I think they are extremely naive to think the punters wouldn't be a little p*ssed.

    In saying that they need to fix their credibility factor, this will take time, hopefully the UK tender is a positive announcement that will put SP back on track.

    Long term its a great stock to have but short term it has severely punished.

 
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