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  1. #1
    Member Drew95's Avatar
    Join Date
    Mar 2019
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    Auckland
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    99

    Default DTC.ASX Damstra Holdings

    Down 85% from is peak of $2.25 in October 2020. Currently around 25c. Has this bottomed? Its just broken its 200 day moving average, is approaching cash flow break even, and has $10 mill in the bank.


    Damstra Holdings Limited (ASX.DTC) (Damstra or the Company) is a leading Australia-based global provider of integrated workplace management solutions.


    "It is important to highlight that Damstra specifically targets long-life civil construction projects and has no exposure to the residential or office construction sectors. Damstra is also strategically positioning itself for an opportunity to work with infrastructure companies, including some current clients, that are expected to build the projects to deliver Australia’s energy transition road map. The Company views this is as an exciting and potentially lucrative sector to be exposed to."


    “Q4 has been a breakthrough quarter for Damstra . With two large client wins in North America our international business is now showing the benefits of our significant investment and we believe Damstra has the critical mass to grow at scale. Our much improved cash flow outcomes are pleasing in the current environment, with a material and structural reduction in cash outflows in Q4. By the second half of FY23, we expect to be free cash flow positive." Cash on hand at 30 June 2022 was $10.1m, with a further $5m in funds from the Company's credit facility currently undrawn."


    Q4 FY22 Quarterly Report and Appendix 4C


    http://research.iress.com.au/IDS/old...091850000&ppv=


    DISCL. Accumulating at current prices.
    “Instead of thinking “I’m right”, ask yourself “How do I know I am right?” Find the smartest people to disagree with you so you can stress test your ideas.” Ray Dalio

  2. #2
    Guru
    Join Date
    Sep 2009
    Posts
    2,685

    Default

    OR better question, has it had its run?
    https://www.marketscreener.com/quote...12/financials/
    Cashflow /share next year 2 CPS. following year 3 CPS?
    Consensus target SP 33 cents
    Still better than average volume going through but the traders got in a bit earlier?
    Sometimes better to wait for higher low here?

    https://stocknessmonster.com/announc....asx-3A596128/
    Last edited by kiora; 01-08-2022 at 03:26 AM.

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