DVC - DCA Group

[Sean K]

If I knew, and told you, I think I'd get in trouble. Unfortunately, no rellies in the NHS.

.50c per share boost would be nice. I might be even then!

 

[jet-r]

Kennas
theres a nice article about DVC on this months smart investor. From the author's point of view, people over reacted on the profit warning. In fact it will most likely to have 18% growth this year.

 

[Sean K]

Yes, there are a few good articles about. Doesn't seem to be helping the sp though. Down another 1% today. I'm $4,500 down on this great investment. :-( I might have to double up! And keep doubling up until I win! Maybe I should have just gone down to Crown....

 

[BlackTie]

yeah Kennas, I also think DCA is a good investment. I have invested $8K in it when it down to $3 then anotther $4K when it down to $2.95. Now just have to wait. I will not put money in till I see sign that people buying in.

 

[Sean K]

Black Tie, I reckon that this one is one you put away in the draw and have a look at again in 10 years. It's big business, in a massive growth area. Safe as houses. Well, brick houses in a popular suburb with good neighbours, out of a cyclone and earquake zone...you know what I mean.

 

[jet-r]

I think holding it 1 to 2 years will do. You will collect some dividend along the way and enjoy the 50% discount on CGT after one year of holding.

Its investor's mood that is ruling the price of DVC at this stage. Time heals everything, give the it few months time and they will look at this investment unbiased.

 

[Sean K]

Jet-r,

I'm also looking at some consolidation around the old people sector. I think some of the big players will start to try and REALLY dominate the market. I think DVC are well placed, once they bed down Gribbles, to look at other parts of the retirement/health sector.

Not sure where that is going...Perhaps a HSP and DVC merger? They would rule the sector completely if the ACCC allowed it.

 

[Sean K]

Skimming under the 200d MA.

So unloved atm. Poor us ignorant retail investors. Please someone tell me this is a good investment for the long run again. Thanks!

 

[jet-r]

the next support level is at $2.46. WHen should we expect to hear the news about the results of the tenders at UK??

 

[Sean K]

Supposed to be about now, but with all this selling makes me thing something smells.

 

[Sean K]

At last a positive report from someone. Must be holding some.....

0838 [Dow Jones] STOCK CALL:ABN Amro says the market is significantly discounting DCA Group's (DVC.AU) earnings, with stock down 34% since profit
downgrade on May 11. "The current share price assumes no incremental increase in revenue growth in the U.K. Diagnostic Imaging division or Aged Care division," ABN says, adding on a 12-month view there is also "significant upside potential in DVC that we have not captured in our forecasts". Keeps at Buy; target price A$4.00 vs last trade A$2.48.(SVM)

 

[Sean K]

Another upgrade for DCA today. Looks like it hit bottom at about $2.46. You're a genius jet-r.

 

[jet-r]

finally..! DVC is starting to take off!! I think people have got over their emotions and start to realise that DVC is undervalued.

I realised my loss last week and at the same time bought back another 4000 units at $2.51, now happily sitting on some paper profit.

Good luck to all DVC holders.!

 

[spottygoose]

Announcement. Regis aquistion no longer proceeding as parties could not agree on price.

 

[Sean K]

This has been quite possibly my best stock pick of the past 3 years! I originally bought in at about $3.75, then topped up at $3.00 when I thought it was oversold. I then got excited recently with the possibility of a NHS contract and ABN having a $4.00 target on it. Now, no contract, increased wages, interest rate rise....yada yada yada....



MUST be good value at pre 2004 prices. Hitting support area at $2.25.

A BARGAIN! Please someone buy this stock, I need to eat this month....

 

[Absolutely]

I feel for you Kennas.

Unfortunately I had to engage my stop loss yesterday morning and busted out of it with a tidy loss. I was expecting it to surge up again today since my stop loss was activated but turns out the stop loss saved me losing an extra $700 though.

I am looking for support to buy back in and and try and regain some losses. Most analysts seem to still support the stock despite a series of bad announcements.

I just wonder if there is more bad news out there. I recall that the stock fell 11c the day before the UK contract losses were announced so I am sceptical about the current round of selling.

Bottom got to be round here somewhere though..................

 

[Sean K]

Perhaps it will be value at $1.50!

 

[Sean K]

Well, it certainly bounced off $2.25, now back at $2.70 on takeover rumours. Similar rumours linked to HSP recently.

1018 [Dow Jones] Private equity hype extends to DCA Group (DVC.AU), up 6.4% at A$2.67 on trade of 1.5 million shares early. Unsourced item in AFR's Street Talk column says talk is that DVC could be subject to bid at A$3.10 a share, says Pacific Equity Partners one of names linked to group. (LMF)

 

[jet-r]

DVC is up 15% in two consecutive days with decent volume. The annual result is due next Friday and with some take over talk.
even from the technical perspective there is a nice break out.
Good luck to those faithful DVC holders. Its finally starting to pay off.

 

[Sean K]

My average cost is $3.50 so I've got a while to be

Perhaps time to buy some more...