DTL: Solid IT company

[Joshuatree]

Better run a scan KW.Waiting for a trend/chart change. Value trap?; great div.

[Joshuatree]

Well! Down to 91.5c today after update and first half profit drop guidance from re $5.7 million (40% plus drop on PCP) to $3.5 to $4 mill. JH14 PBT is expected to be $11.3 mill. If you also take re 39%(unlikely?) off this you have re $6.9mill total $10.4 mill PBT. Things aren't looking so good for DTL and the IT sector.

Someone else care to work out multiples and poss div ? cheers

[Huang Chung]

Thought IT might have been bouncing along the bottom, but there are still nasty surprises out there.

Was holding 3 IT stocks and 2 of them (DTL, UXC) issued 'earnings guidance' releases in the last day or so.

[soulman]

Thought IT might have been bouncing along the bottom, but there are still nasty surprises out there.

Was holding 3 IT stocks and 2 of them (DTL, UXC) issued 'earnings guidance' releases in the last day or so.

Ouch HC. I also got burned with the IT theme the past 2 months or so. Got sucked in with the no debt and high dividend yield story. Lessons will be learned from this experience.

[Huang Chung]

One of my problems Soulman is I'm not very computer literate, so reading the announcements or reports didn't make a lot of sense to me. Brokers research I was relying on to 'interpret' all these happenings for me proved sadly wanting.

Lesson learned I think....stick with investments you can understand for yourself (but I have a waver on this new rule when it comes to MBE, as I sort of understand it, and there is a decent amount of chatter on the forums that help fill in the gaps)

[Joshuatree]

Some brokers were bullish saying the bottom is in for IT etc.Was close to getting a few DTL . Was thinking of it as like a Bank Deposit giving a good int(div) rate so a place to park some money.. More growth in my two IT stocks RXP and LGD prices; (but less div)currently repressed like most.

[Joshuatree]

S/P down from 90c to 75c .
Total Rev up 8.1%
Gross profit down 2.7%
Gross margin down from 15.9% to 14.8%
NPAT down to $7.5 mill from 12.1 mill Mkt cap $127 million
EPS down to 4.89 from 7.88c
FY Dic 4.5c down from 7c
OCF $29.4 mill
Closing cash flow $103.4 m
NTA down 1.6% to $26.3 mill
2015 'a market uniquely in transition
targets growth thru mkt share gain and additional rev
Objextive to improve on the 2014 result.

[Joshuatree]

up 10% today on solid forecast.

[h2so4]

Looks extremely interesting.

Thanks for posting mark100

Looks extremely!!!!,!!!!!, interesting again. Up 12% doesn't look like enough.

Thanks for posting Joshuatree.

[Corporate]

I've been buying DTL off the back of the forecast half year NPBT guidance of $4.5-$5.5m. If they can achieve this it bodes well for the JH which is traditionally stronger.