DSH 0.00% 35.5¢ dshe holdings limited

Time to buy now?, page-7

  1. 165 Posts.
    lightbulb Created with Sketch. 11
    I am happy to pick up shares in DSH at this ridiculous price. I think the wording in the trading update was poor:

    "The Company presently anticipates FY2016 NPAT could be $5 million to $8 million below previous guidance of $45 million to $48 million".

    I suspect a lot of sellers mistakenly thought NPAT would be between 5-8 million. At worst, NPAT is expected to be 40 million - only 16% from previous guidance. Yet the share price has fallen 60% in a few short weeks.

    This has been oversold. Will double my holding tomorrow if this craziness continues.
 
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Currently unlisted public company.

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