I think there is still bounce left, looking for 45-50c.
The thing that gives me confidence is that management have started inventory review processes and are actively working on business improvement, involving external parties to make the hard cuts; sure it was done 12 months late; but it's not over; DSH can certainly re-position themselves in the market; and by writing-down stock values they can move the excess more easily over xmas.
Despite all the bad news, reasonable xmas sales could still yield a profit and potentially even a small dividend.
DSH Price at posting:
35.3¢ Sentiment: Buy Disclosure: Held