DES 0.00% 9.8¢ desoto resources limited

update link, page-2

  1. 380 Posts.
    re: i4p report I4P at it again

    "Destra - DES
    Last: $0.20

    If I had to recommend 5 small caps to you this weekend:
    I would include Destra as one of the 5.

    I say that because current prices appear to be a bargain.

    Destra is likely to earn in the vicinity of $5 million in 2007.
    Because the market cap is just $32 million, the P/E is 6.5.

    Even if they only hit $4 million in 07, the P/E is still just 8.1.

    I therefore conclude, moving forward, based on 20 cents:
    ... there's only minor downside, but a LOT of upside.

    I expect the share price to be above 30 cents in the future.
    In this light, at prices below 20 cents, there's 50% upside.

    Disclosure: I hold DES. I will NOT sell unless above 0.30. "

 
watchlist Created with Sketch. Add DES (ASX) to my watchlist
(20min delay)
Last
9.8¢
Change
0.000(0.00%)
Mkt cap ! $6.229M
Open High Low Value Volume
9.8¢ 9.8¢ 9.8¢ $5 51

Buyers (Bids)

No. Vol. Price($)
1 10000 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.8¢ 11711 1
View Market Depth
Last trade - 10.02am 01/11/2024 (20 minute delay) ?
DES (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.