DGL - DGL Group

[Muse]

Our Simon buying more,and on market at that..
https://cdn-api.markitdigital.com/ap...df02a206a39ff4

I am very impressed by Simon’s conviction!! Imagine if the management team at My Barf Bag did that in the same quantum

[percy]

I am very impressed by Simon’s conviction!! Imagine if the management team at My Barf Bag did that in the same quantum

The book by Keith Davies,"Ready ,Fire ,Aim " the story of Mainfreight,comes to mind when I think of Simon Henry.
No matter how big the hurdles, the higher and faster he jumps.
OK I have no idea what the PE ratio will be on the next result.but shareholders are going to have an exciting fun wealth building ride .
Some times I think conviction beats neat tidy ratios.[well I hope so]..lol.

[Ricky-bobby]

Yep I agree. Haven’t jumped in yet, but seriously thinking about it. Nice to see some aggression and a man that knows what he wants!

[sb9]

Could be the stock to watch for 2022...

[sb9]

Big volume close on ASX y’day at AU 3.15, which is NZ 3.35.

[sb9]

Stunning set of numbers for HY. Be interesting to see guidance for FY later in the month. As stated before, could be the stock of 2022.

[percy]

Stunning set of numbers for HY. Be interesting to see guidance for FY later in the month. As stated before, could be the stock of 2022.

Yes DGC/DGL is looking really good for 2022 [and beyond].

[Ferg]

An impressive result and forecast for FY22. Prospectus NPAT was $10.4m - they are now heading for $24m NPAT by my estimate (incl. the $3m acquisition costs, normalised would be closer to $26m). This gives forecast EPS of around 8.8c / share, which into a SP of A$3 is a PE ratio of 34 - notwithstanding there may be more acquisitions etc and/or one-off IFRS impacts that will see the actual result vary. A nice growth story.

[Muse]

An impressive result and forecast for FY22. Prospectus NPAT was $10.4m - they are now heading for $24m NPAT by my estimate (incl. the $3m acquisition costs, normalised would be closer to $26m). This gives forecast EPS of around 8.8c / share, which into a SP of A$3 is a PE ratio of 34 - notwithstanding there may be more acquisitions etc and/or one-off IFRS impacts that will see the actual result vary. A nice growth story.

Would be great if they could reference growth rates on a proforma basis - to isolate underlying growth.

Great company but a pe of 34 too rich for me

[sb9]

As usual, most activity is driven out of ASX with volume 701k so far compared to paltry 27k on NZX. Should transfer my holdings to ASX for future trade liquidity.