DTL - Data#3 Limited

[craft]

A very timely (lucky) entry last week for the weekly portfolio in the members section.
No news announced yet. The chart indicated that the stock was being accumulated as price was trading in a range that was constricting (triangle pattern) while the OBV (volume indicator) was rising and TMF >0 in both the daily and weekly charts.
View attachment 71884

Squeeze and pop, zig and zag, dip and dive, pitch and roll, fake and fade, take your pick – to move, well it’s got to move and it will do it in whatever fashion leads to a trading profit equilibrium between those trading it. (less their costs of course)

Ours is not to reason why. Ours is but to do and die

Alfred Lord Tennyson

Longer term though business performance is going to act like a tide on all those indiscriminate price movements to transfer business performance into the stock price and DTL’s business is heading in the right direction at the moment – so maybe just a good 2nd half business performance anticipation rather than news needed to break the squeeze upwards.

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DTL has two very distinctive halves, so the following charts just look at second halves.

Margin recovery progressing well.

Asset Utilisation rate stabalising, perhaps showing signs of recovery.

Business Financial Economics Strong.

Resulting in Improving profitability.

Applied to growing top line

Results in growing Earnings per share

Happy Days

 

[peter2]

It's been two years since the last post on DTL (flagged on the weekly chart). Price did go a little higher to 2.00 before drifting lower to 1.40. DTL has rallied with the market in 2019 and only today reported record earnings news. Price spiked.

@craft, @skc thinking well of you both. Trust all is well with you and your families.

 

[rcm617]

Has risen another 50% since the last post after the record FY19 results. HY results are usually down a bit as a percentage of the FY results, so have lightened off a bit at these prices hoping to pick up again cheaper after results are announced. Still holding my core parcel which I bought back in 2002.

 

[fanger]

Still holding my core parcel which I bought back in 2002

Nice little earner just on dividends alone. I've been in since 2012 and can't complain.

 

[frugal.rock]

That sure is an impressive trajectory.
MUFG now substantial holder.

 

[finicky]

Director Laurence Baynham spent $200k buying 34.4k shares of DTL on market.

Disc: held
Sentiment: sold half my holding a couple of months ago to cash up for the crash

 

[rnr]

Director Laurence Baynham spent $200k buying 34.4k shares of DTL on market.

It would appear as though DTL has found support at the $5.64 - $5.67 level as well as forming an a-b-c wave lower which may terminate at said support. Will the ATH of $6.56 be taken out soon?
DYOR

 

[peter2]

It's been a while since the last post. Understandable as DTL has been in a sloppy/choppy corrective move down the last year. Today' 1stBB and 123 Low (in the green buy zone) shows there's a light at the end of the tunnel. The light could be an oncoming train as DTL reports tomorrow. I'll wait until after the news.

 

[divs4ever]

am only up about 430% on DTL

hasn't been a bad stock , but i have had some much bigger winners elsewhere

as long as i don't get sold out ( like is happening to me with HSN )

 

[Knobby22]

Bought in at $6 so now underwater.
Short term problems with getting chips has hurt them recently which caught me out.
Quite interested in seeing the report.

 

[divs4ever]

i bought in during December 2013 @ 88.5c



however there are GIANTS in this space now , almost anyone profitable is a potential take-over target

 

[Miner]

Bought in at $6 so now underwater.
Short term problems with getting chips has hurt them recently which caught me out.
Quite interested in seeing the report.

Hopefully @Knobby22 tomorrow's result announcement will buy yuo some peace.
there were few purchases from the directors at a much higher price than Tuesday's price.
Lets keep fingers crossed

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02345618-2A1282699?access_token=83ff96335c2d45a094df02a206a39ff4

this was a confident announcement one month back and market was too sluggish until today to positively react on it.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02396440-2A1310447?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02347683-2A1283764?access_token=83ff96335c2d45a094df02a206a39ff4

 

[finicky]

DTL record year but rising eps did not keep up with revenue increase and gross margin 10% vs 11.6% in FY20.
ROE was 45%, same as last year
Another one that looks around twice fair price (like CDA) by my crude reckoning although I add little for it being growth, others would add more maybe. Tempted to sell my remaining holding to add to 'strategic' cash.

 

[LynnieN]

Any thoughts out there on Data3. I have held this stock for a few years and have down well share increase and dividend wise but don't know why the share price is fluctuating on a daily basis. General market conditions or ???

 

[divs4ever]

welcome to posting ( and ASF )

well rival HSN ( i hold HSN also ) is being sold the major shareholder wants to exit

there is a general wave on take-overs , compounded by supply-chain disruptions , and many changes in IT , including those who suddenly wonder if the love affair with cloud-computing was a good idea

i would say the IT sector is in flux , the investment cash is going ( mostly ) into apps , not software and hardware infrastructure

where to next i wonder

PS it is very easy to make bad business moves it this area

and i would call the current market nervous ( and why wouldn't they be ) , so much super cash that needs a home and few companies with solid earnings results

cheers

 

[finicky]

DTL @ 5.25 ^ 6%
Been a long wait but the 12 month correction in DTL is looking mature? Been a couple of directors buying on market recently too.
The Daily chart is showing another 'impulse' rally on higher volume and the price is not far below the downtrend resistance line which is currently at about 5.50. Price tested the prior low @4.50 before rallying. Really looks OK.
Not that I am buying, on the contrary, have been waiting for a bull run before selling half of what I have left. Cashing out this and that before a crash. Have added the monthly chart for perspective - could this be be an ABC Counter trend move completing?

Daily

Monthly

 

[Knobby22]

One of my tips for the year.
Everyone back in the office (including DTL consultants) - the internet etc. is changing fast - big companies need a good operator.
This company will rise next year, the only question is by how much, hopefully a fair bit.

 

[divs4ever]

Data# 3 expects to report strong 1H FY22 earnings growth Estimated first half earnings growth of approximately 30%

BRISBANE, Tuesday 18 January 2022:

Australia’s leading IT services and solutions provider, Data# 3 Limited (ASX: DTL) has advised that its consolidated net profit before tax (NPBT) for the first half of FY22 is expected to be slightly ahead of the top end of the $15 to $18 million guidance range provided at the AGM in October 2021.

Subject to finalising the interim accounts and the audit review, 1H FY22 NPBT and earnings per share are expected to be approximately 30% higher than the record 1H FY21 results.

The Board intends to announce the detailed audited results and interim dividend on 17 February 2022. The company will present a market briefing on the results starting at 11:30am (AEDT) on 17 February 2022.

The following URL will provide access to the live event, and to an archived webcast following the event: https://webcast.openbriefing.com/8302/

DYOR

i hold DTL ( 'free-carried ' ) ( av. SP 90.5 cents )

 

[finicky]

Gap up break of year long resistance. Might be heading for its all time high.
Announces eps for H1FY22 expected to be 30% higher than pcp.
I believe from my rough methods that DTL is at least 50% overpriced but then I'm not a believer in general economic growth in these times, let alone into perpetuity.

Held
I was going to sell half if it cracked $6 again but feeling complacent.

2 Yr Daily

 

[galumay]

Agree Finicky, looks expensive already to me. I would have to dig deeper to work out whats been going on with FCF, its all over the place.