{"id":3103,"date":"2019-05-13T10:35:01","date_gmt":"2019-05-13T00:05:01","guid":{"rendered":"https:\/\/strawman.com\/blog\/?p=3103"},"modified":"2019-05-13T10:35:03","modified_gmt":"2019-05-13T00:05:03","slug":"dickerdata-asxddr-share-price-reaches-new-high","status":"publish","type":"post","link":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/","title":{"rendered":"DickerData (ASX:DDR) share price reaches new high"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The DickerData (ASX:DDR) share price reached an all time high of $4.79 last week, as the company announced another quarter of strong revenue growth. What is driving DickerData\u2019s strong revenue performance, and is it sustainable in the longer term?<br><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>What does Dicker Data do?<\/strong><\/p>\n\n\n\n<p>Established in 1978, Dicker Data is a distributor of computer hardware and related products in Australia. It offers technology products from vendors such as HP, Toshiba, ASUS, Lenovo and Microsoft, among others.<br><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Strong Q1 2019 Results<\/strong><\/p>\n\n\n\n<p>On Wednesday Dicker Data released its results for the first quarter of the 2019 Financial Year. Revenue totalled $386.9m, 21.1% higher than the corresponding quarter last year, while profit before tax reached $13.5m, 46.7% higher than the corresponding quarter last year.<br><\/p>\n\n\n\n<p>The strong performance of Dicker Data can be attributable to a range of factors including-<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Broad growth &#8211; strong revenue across all existing vendor partnerships, and realising value for new vendors<\/li><li>Improving profit before tax margin &#8211; cost as a percentage of sales fell, resulting in the profit before tax margin increasing to 3.5% this quarter<\/li><\/ul>\n\n\n\n<p>However, DickerData CEO \u00a0David Dicker also acknowledged that the company\u2019s cost base is likely to increase in the subsequent quarters. This is due to additional capital investments, headcount and productivity measures to support its growing customer and vendor portfolios.<br><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Should I invest in Dicker Data?<\/strong><\/p>\n\n\n\n<p>In its May company announcement DickerData reiterated the full year pre-tax profit guidance of $51.4m for financial 2019. With the company historically paying out a substantial majority of its profit as dividends each year, 2019 looks to be another good year for dividend yield. But should I actually invest? <br><\/p>\n\n\n\n<p>The Strawman consensus valuation currently sees the stock as overvalued. Click the button below to see what the Strawman community is saying about this stock &#8230;<br><\/p>\n\n\n\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link has-background has-secondary-background-color\" href=\"https:\/\/strawman.com\/member\/company\/straws\/DDR\">Click here to view the DickerData Company Report<\/a><\/div>\n\n\n\n<p><em><strong>Disclaimer\u2013<\/strong> The author may hold positions in the stocks mentioned in this publication, at the time of writing. The information contained in the publication and the links shared are general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. For errors that warrant correction please contact the editor at admin@strawman.com.<\/em><\/p>\n\n\n\n<p class=\"has-text-color has-background has-very-dark-gray-color has-very-light-gray-background-color\"><em>Strawman is Australia&#8217;s premier online investment club. Join for free to access independent &amp; actionable recommendations from proven private investors.<\/em><br><\/p>\n\n\n\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link has-text-color has-very-light-gray-color has-background has-tertiary-background-color\" href=\"https:\/\/strawman.com\/member\/landing\/signup\">Register for free ASX recommendations<\/a><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"text-align:center\" class=\"has-text-color has-cyan-bluish-gray-color\">This Service provides general financial advice only, and has not taken your personal circumstances into account. Strawman Pty Ltd operates under AFSL 501223 . For more information please see our <a href=\"https:\/\/strawman.com\/member\/landing\/terms\">Terms of use<\/a>. Please remember that share market investments can go up and down and that past performance is not necessarily indicative of future returns. Strawman Pty Ltd does not guarantee the performance of, or returns on any investment.<\/p>\n\n\n\n<p style=\"text-align:center\" class=\"has-text-color has-cyan-bluish-gray-color\">\u00a9 2019 Strawman Pty Ltd. All rights reserved.<\/p>\n\n\n\n<p style=\"text-align:center\">| <a href=\"https:\/\/strawman.com\/member\/landing\/privacy\">Privacy Policy<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/strawman.com\/member\/landing\/terms\">Terms of Service<\/a> | <a href=\"https:\/\/strawman.com\/member\/landing\/fsg\">Financial Services Guide<\/a> | <\/p>\n\n\n\n<p style=\"text-align:center\" class=\"has-text-color has-cyan-bluish-gray-color\">ACN: 610 908 211 | Australian Financial Services Licence (AFSL): 501223<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dicker Data&#8217;s (ASX:DDR) First quarter results were better than expected<\/p>\n","protected":false},"author":7,"featured_media":3124,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DickerData (ASX:DDR) share price reaches new high - Strawman Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DickerData (ASX:DDR) share price reaches new high - Strawman Blog\" \/>\n<meta property=\"og:description\" content=\"Dicker Data&#039;s (ASX:DDR) First quarter results were better than expected\" \/>\n<meta property=\"og:url\" content=\"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Strawman Blog\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-13T00:05:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-13T00:05:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/strawman.com\/blog\/wp-content\/uploads\/2019\/05\/dicker.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1068\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Guest Contributor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Guest Contributor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/\"},\"author\":{\"name\":\"Guest Contributor\",\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/#\\\/schema\\\/person\\\/b12875b822c2f47ed79a5a273e3c0d4c\"},\"headline\":\"DickerData (ASX:DDR) share price reaches new high\",\"datePublished\":\"2019-05-13T00:05:01+00:00\",\"dateModified\":\"2019-05-13T00:05:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/\"},\"wordCount\":456,\"image\":{\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/strawman.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/dicker.jpg\",\"articleSection\":[\"General\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/\",\"url\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/\",\"name\":\"DickerData (ASX:DDR) share price reaches new high - Strawman Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/strawman.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/dicker.jpg\",\"datePublished\":\"2019-05-13T00:05:01+00:00\",\"dateModified\":\"2019-05-13T00:05:03+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/#\\\/schema\\\/person\\\/b12875b822c2f47ed79a5a273e3c0d4c\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/#primaryimage\",\"url\":\"https:\\\/\\\/strawman.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/dicker.jpg\",\"contentUrl\":\"https:\\\/\\\/strawman.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/dicker.jpg\",\"width\":1600,\"height\":1068,\"caption\":\"The main computer in a network. Acts as a control other computers connected to the same network computer handles the moderator. Any computer using any device any file or program.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/dickerdata-asxddr-share-price-reaches-new-high\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/strawman.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DickerData (ASX:DDR) share price reaches new high\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/strawman.com\\\/blog\\\/\",\"name\":\"Strawman Blog\",\"description\":\"The Last Straw\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/strawman.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/strawman.com\\\/blog\\\/#\\\/schema\\\/person\\\/b12875b822c2f47ed79a5a273e3c0d4c\",\"name\":\"Guest Contributor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/60627f7a02b55bb8f7b27f7af31f549b7b5137671488f1977e20b33d4a01022b?s=96&d=robohash&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/60627f7a02b55bb8f7b27f7af31f549b7b5137671488f1977e20b33d4a01022b?s=96&d=robohash&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/60627f7a02b55bb8f7b27f7af31f549b7b5137671488f1977e20b33d4a01022b?s=96&d=robohash&r=g\",\"caption\":\"Guest Contributor\"},\"url\":\"https:\\\/\\\/strawman.com\\\/blog\\\/author\\\/guest-contributor\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DickerData (ASX:DDR) share price reaches new high - Strawman Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/","og_locale":"en_US","og_type":"article","og_title":"DickerData (ASX:DDR) share price reaches new high - Strawman Blog","og_description":"Dicker Data's (ASX:DDR) First quarter results were better than expected","og_url":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/","og_site_name":"Strawman Blog","article_published_time":"2019-05-13T00:05:01+00:00","article_modified_time":"2019-05-13T00:05:03+00:00","og_image":[{"width":1600,"height":1068,"url":"https:\/\/strawman.com\/blog\/wp-content\/uploads\/2019\/05\/dicker.jpg","type":"image\/jpeg"}],"author":"Guest Contributor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Guest Contributor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/#article","isPartOf":{"@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/"},"author":{"name":"Guest Contributor","@id":"https:\/\/strawman.com\/blog\/#\/schema\/person\/b12875b822c2f47ed79a5a273e3c0d4c"},"headline":"DickerData (ASX:DDR) share price reaches new high","datePublished":"2019-05-13T00:05:01+00:00","dateModified":"2019-05-13T00:05:03+00:00","mainEntityOfPage":{"@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/"},"wordCount":456,"image":{"@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/#primaryimage"},"thumbnailUrl":"https:\/\/strawman.com\/blog\/wp-content\/uploads\/2019\/05\/dicker.jpg","articleSection":["General"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/","url":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/","name":"DickerData (ASX:DDR) share price reaches new high - Strawman Blog","isPartOf":{"@id":"https:\/\/strawman.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/#primaryimage"},"image":{"@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/#primaryimage"},"thumbnailUrl":"https:\/\/strawman.com\/blog\/wp-content\/uploads\/2019\/05\/dicker.jpg","datePublished":"2019-05-13T00:05:01+00:00","dateModified":"2019-05-13T00:05:03+00:00","author":{"@id":"https:\/\/strawman.com\/blog\/#\/schema\/person\/b12875b822c2f47ed79a5a273e3c0d4c"},"breadcrumb":{"@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/#primaryimage","url":"https:\/\/strawman.com\/blog\/wp-content\/uploads\/2019\/05\/dicker.jpg","contentUrl":"https:\/\/strawman.com\/blog\/wp-content\/uploads\/2019\/05\/dicker.jpg","width":1600,"height":1068,"caption":"The main computer in a network. Acts as a control other computers connected to the same network computer handles the moderator. Any computer using any device any file or program."},{"@type":"BreadcrumbList","@id":"https:\/\/strawman.com\/blog\/dickerdata-asxddr-share-price-reaches-new-high\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/strawman.com\/blog\/"},{"@type":"ListItem","position":2,"name":"DickerData (ASX:DDR) share price reaches new high"}]},{"@type":"WebSite","@id":"https:\/\/strawman.com\/blog\/#website","url":"https:\/\/strawman.com\/blog\/","name":"Strawman Blog","description":"The Last Straw","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/strawman.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/strawman.com\/blog\/#\/schema\/person\/b12875b822c2f47ed79a5a273e3c0d4c","name":"Guest Contributor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/60627f7a02b55bb8f7b27f7af31f549b7b5137671488f1977e20b33d4a01022b?s=96&d=robohash&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/60627f7a02b55bb8f7b27f7af31f549b7b5137671488f1977e20b33d4a01022b?s=96&d=robohash&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/60627f7a02b55bb8f7b27f7af31f549b7b5137671488f1977e20b33d4a01022b?s=96&d=robohash&r=g","caption":"Guest Contributor"},"url":"https:\/\/strawman.com\/blog\/author\/guest-contributor\/"}]}},"_links":{"self":[{"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/posts\/3103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/comments?post=3103"}],"version-history":[{"count":0,"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/posts\/3103\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/media\/3124"}],"wp:attachment":[{"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/media?parent=3103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/categories?post=3103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/strawman.com\/blog\/wp-json\/wp\/v2\/tags?post=3103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}