I just looked at the daily & weekly chart and it is still in a downtrend. Would wait for a better opportunity.
I just looked at the daily & weekly chart and it is still in a downtrend. Would wait for a better opportunity.The stock has shot up (35%) the past couple of days, mainly as the result of acquiring Express Data Holdings Pty Ltd (announced to the market yesterday for A$65.5m).
I just looked at the daily & weekly chart and it is still in a downtrend. Would wait for a better opportunity.
I just looked at the daily & weekly chart and it is still in a downtrend. Would wait for a better opportunity.
I am new to this and did not realise it was an old post. Take it all back.Not sure why you would make this comment in reply to a 9 year old post! Ironically thats how long I have held DDR, bought in the $1.60 range back then, now around $8.50 let alone the divvies which amount to significantly more than my purchase price. What better opportunity would you envisage?!!
Given its your only post on ASF, perhaps you are just a troll?
kept on missing my target prices for this oneOn top of the accounting shenanigans of the H1 results we now have a trading update that waffles on about AI, absolute nonsense from a distro. The's are growing for this business.
On top of the accounting shenanigans of the H1 results we now have a trading update that waffles on about AI, absolute nonsense from a distro. The's are growing for this business.
I have owned DDR for about 10 years, one thing I am always mindful of is Fast Jesus has always run the business to maximise his dividend stream to fund his hobbies, hence the high payout ratios and quarterly payment.
Also its always carried an uncomfortable (for me) amount of debt to cover the working capital needs of a very low margin distribution business.
Recently there have been some red flags for me, as I said, the accounting shenanigans to inflate the gross margins is annoying and unnecessary IMO, and now the sort of narrative hype I expect from pre-profit stonks - babbling on about AI when at the heart of it they just buy boxes and sell them for a bit of margin.
I continue to hold a large position and I am not about to sell, but my conviction is lowered due to the red flags and I will be watching it very carefully going forward.
but did he save your money ( or reduce your losses ) ?When @galumay speaks you hear it here first and ahead of the crowd.
He's ruined many a good experience of mine.
Not Held
He's ruined many a good experience of mine.
Thank you.
One reason I hold DDR is because I like the way "Fast Jesus" remuneration is by dividends, sort of incentivises himself to keep the SP growing. But I do understand your concern.
I was worried when DDR announced their expansion plans, but that must be a good sign that they are re-investing in the business. Isn't it?
When your red flags increase to the level of sell, please keep post your concerns.
depending on when you bought them ( if you did ) EHL has been a white-knuckle rideI find it unlikely I have found anything much that an investor of your skill and experience has missed!
(I apologise for my mean comments about EHL!)
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