I don't have anything official, but historically its always been the second or third week of august, I am hoping it will be in the next couple of days.
I don't have anything official, but historically its always been the second or third week of august, I am hoping it will be in the next couple of days.
It really is struggling to overcome resistance at circa $1.35, if it can crack then they reach their long term resistance of circa $1.75 and from there on it is blue skies
There has been no news or announcements since FEB this year so let's hope for some good results/report.
Hopefully both acquisitions of Simplicity and Phoenix IT have integrated well with some synergies.
It really is struggling to overcome resistance at circa $1.35, if it can crack then they reach their long term resistance of circa $1.75 and from there on it is blue skies
There has been no news or announcements since FEB this year so let's hope for some good results/report.
Hopefully both acquisitions of Simplicity and Phoenix IT have integrated well with some synergies.
SMX in the doldrums, DWS throwing SMS shareholders a lifeline. They can clearly take quite a few costs out to make the numbers look good, but this is quite a big bite for DWS and will leave the balance sheet pretty stretched.
Yep, I am out today. Too much debt and too much risk in this acquisition for my liking. I made nearly 40% capital gain on DWS as well as the dividends so its been good to me but the business metrics wouldnt pass my analysis if I were looking to buy now so its time to find a better home for the capital.
SMX in the doldrums, DWS throwing SMS shareholders a lifeline. They can clearly take quite a few costs out to make the numbers look good, but this is quite a big bite for DWS and will leave the balance sheet pretty stretched.
I haven't looked at it in great detail but I am not a huge fan of mergers between IT consultants. You are not buying much other than intangibles and existing client relationships. If you wanted the talent it'd probably be cheaper just to poach them. What conviction can the market have that DWS can right the ship? Then there are other softer stuff like cultural fit, potential onerous contracts etc, and there are not much immediate synergy aside from corporate overheads.
It's be a huge win for DWS if they can turn things around - but I certainly can't say it is a certainty.
On February 4th, 2021, DWS Limited (DWS) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between DWS and its shareholders in connection with the acquisition of all the issued capital in DWS by HCL Australia Services Pty Limited.