DTL - Data#3 Limited

[peter2]

DTL spiked up 15% on the good news report. Everything's rosy.

Now, two weeks later after the market selloff DTL is 17% lower. Further details will be released 17 Feb 22.
Trading conditions for DTL are unlikely to have changed much in two weeks. Are all those who missed out after the spike up going to buy soon? Can I earn 0.50 - 1.00 if I risk 0.30?

 

[finicky]

H1FY22 - Still going good. Equity per share continues its rising trend while return on that equity is sustaIned or enhanced. Shares on issue rock steady.
Overpriced by ~$1.50, but have decided not to sell any more.

 

[divs4ever]

yep shares like this ( bought @ 90.5 cents ) , HSN ( bought @ 83 cents ) , TNE ( bought @ $1,10 ) turned out to be a nice way to get a bite of the IT action ( and they paid out some divs on the way )

 

[finicky]

Up 12% in early trading. At least this one keeps delivering. Fortunately they are not exploring for gold.
Held.

 

[finicky]

Pretty good day today except for DTL (in my p/f). Low volume for a down day though.
Am again contemplating selling my already reduced DTL holding as it approaches the high made 2 years ago and is by my rough estimation priced at double its value, unless calculating for relentless growth.
The current multiple of book value is 17x !
The PE is 32 (average of FY22 actual and FY23 est on Commsec).
The EDITDA and NPAT took 5 years to double and reach the FY22 level of profit. Five years is a long wait these days when noone knows what major impacts will occur next week. And despite its quality, DTL has had very large corrections over its history - massive ones in the 2000 Tech crash and 2011-14, it halved in the Wuhan crash, had another couple of significant corrections. It's tempting to sell, bank half and put the rest into something at ground level like CDA.

Held

All Data Montly

 

[divs4ever]

bought these back in December 2013 ( Xmas Eve , Santa came early ) @ 88.5 cents and reduced ( to snatch back that investment capital ) November 2017 , and has sat in that 'bottom-drawer ever since

i agree , if buying now it looks over-valued ( to me ) , has been one of those shares where being early(ish ) and patient has paid off

MAYBE all those cyber-attacks will give this a mild boost in the coming year ( for those looking at an exit )

 

[finicky]

Getting a sell order for half filled: 5,000 @ 7.09
Getting to a stronger cash position is important. Hard to sell stock in a quality company.
Don't have a clear notion of where the chart is headed, it actually looks pretty healthy but ambivalent.
It's well overvalued in my book, more so with the depth of uncertainty these days. But it is still fresh to memory as to how crazily overvalued Codan (CDA) got to before it crashed.

Held

 

[finicky]

DTL still kicking goals with the H1 update. It looks like H2 should be good too due to the backlog of work being undiminished. Sounds like they're barely keeping up with demand.

Never understood this company but bought originally years ago because of the good press and experienced poster commentary and the financial fundamentals; primarily the ROE looked great. Today have managed to get off the remnant of my partially filled sell order from 2 months ago. Will hold the rest and DTL would be in my top 10 to buy in a crash so I'm sanguine that I'll be able to replace the original holding some dark day.

Held

 

[divs4ever]

mine are still sitting in that 'bottom drawer '

maybe just to remind me of what i hoped share investing would be ( when i started out )

( more than 600% up in just under 10 years isn't that shabby , even after 'inflation ' )

 

[finicky]

DTL @ $7.56
Notification of another 52 week high today.
Is this more madness like CDA was in its 2021 delerium?
P/E = 30
P/B = 19

Rump Held

All Data Daily, 200 ema

 

[finicky]

Getting wrecked today on results out, down 17%.
Devil must be in the detail or maybe a slight miss on expectations. It was overpriced anyway. I've only read the briefing - maybe there are more comments like this snippet, " .. we are confident in our outlook as we enter FY24, despite some expected slowdown in general economic activity .. "

Held

 

[finicky]

 

[divs4ever]

Getting wrecked today on results out, down 17%.
Devil must be in the detail or maybe a slight miss on expectations. It was overpriced anyway. I've only read the briefing - maybe there are more comments like this snippet, " .. we are confident in our outlook as we enter FY24, despite some expected slowdown in general economic activity .. "

Held

yes , i obviously missed that pivotal detail as well and was rather amazed at the price hit , not panicked though , my entry price was just over 90 cents and the investment cash rescued several years back

compared to say WDS results i was confused of the market reaction

 

[divs4ever]

even the 11.9 cent ( fully franked ) dividend declared beat the heck out of KGN ( who did not declare a dividend )

 

[frugal.rock]

bought these back in December 2013 ( Xmas Eve , Santa came early ) @ 88.5 cents

my entry price was just over 90 cents

Data range conflict error. Cannot compute. ???‍?

 

[divs4ever]

bought these back in December 2013 ( Xmas Eve , Santa came early ) @ 88.5 cents

the extra includes's Commsec's fantastically cheap brokerage ( $19.95 today it would have been $4.99 ) for the same parcel/price )

cheers

( one of the few examples of deflation in Australia currently )

 

[Country Lad]

I've only read the briefing - maybe there are more comments like this snippet, " .. we are confident in our outlook as we enter FY24, despite some expected slowdown in general economic activity .. "

Held

Confidence justified - ATH close yesterday and more today.

 

[rcm617]

Another profit upgrade, expecting H1 24 PBT between 30 and 31 million compared to 24.6 last H1 23.

 

[finicky]

Claude Walker has released some of his much earlier commentary and reccs for paying subscribers to his free newsletter recipients. Included is a 24 June reprised piece about the likelihood of DTL's eventual admission to the ASX200 Index. Well it happened in September and would have possibly played some role in the turbo boost in the share price from Nov onwards. In Aug/Sept there was a perverse surge in negative volume - maybe insto bots tree shaking nervous retail holders before the Index inclusion? I don't really understand the machinations of those scumbags.
I don't like Claude fwiw. I stopped my paid subscription because of the woke, priggish and gratuitously anti-Trump sentiments of the newsletter, but due recognition that he got this right.
Interesting to me also is that Ramelius Resources (RMS), gold producer, also got included to the September changes.

Held

Excerpt from Walker 24 June:

"So without further ado, I want to write about a quality business with a great long term track record that I am very much inclined to recommend, at some point; Data3 (ASX: DTL). But please, keep in mind, I’m not arguing that Data3 will get into the ASX 200 in the near term.

Even though I think it’s a strong candidate for inclusion, there will be no changes to the ASX 200 at the end of June, so the next time for potential inclusion would be September this year. And it will likely take longer than that. Perhaps the fastest path would be if its next set of results are positive, and that pushes the share price up a little and creates a bit of extra trading volume. However, when predicting what companies could make it into the ASX 200, it is best to look a couple of years out, because once it becomes obvious the company will be included, the share price may well rise as fund managers look to front run the index inclusion."

MONTHLY

 

[finicky]

Looks a good H1result? Showing 'operating leverage'. But share price is down 10% on the announcement. No full year FY24 ģuidance.

Pretty graphics and a slide quoting the Microsoft CEO that they are past talking AI and are integrating it at scale. Data 3 partners Microsoft and has a finger in the AI pie. God knows what it's all about, never undrstood this company.

I guess momentum traders exiting but value investors might also be expecting more from a stock trading yesterday at PE of 41 and P/B of 22! Not that that seems to matter as much these days with index buyers ponying up, whaterever the metrics.

Also the chart was screaming up into an inevitable stall.

Held

WEEKLY - not showing today's fall