Company Report
Last edited 7 months ago
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Performance (51m)
-12.2% pa
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Straws
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#Management Ownership
stale
Added 7 months ago

I have update the Inside Ownership of Dicker Data, I left my previous straw showing Directors ownership from over 12 months ago, so you can compare!


Inside Ownership           Ordinary Shares    % DDR Issued        Net Value at $8.96

David Dicker                        38,032,417                 21.09%                       $340.77m

Fiona Brown                       55,777,110               30.93%                        $499.762m

Vladimir Mitnovetski            928,176                      0.51%                         $8.316m

Mary Stocjcevski                 339,335                      0.19%                         $3.04m

Ian Welch                            85,000                        0.05%                         $761.6K

Leanne Ralph                      3553                           0.00%                         $31.8K

Kim Stewart-Smith               4941                           0.00%                         $44.3K

Total                                  95,170,532               52.77%                     $852.728m

#Director Purchases
stale
Added 7 months ago

Vladimir brought some more shares as announced today. Please find below the summary of purchase below for last 6 months

Buying 6 Month Summary

Vladimir Mitnovetski 

·      29 May 2024

Direct              20,000 shares average price $9.025 ($180,500)

·      21 May 2024

Direct              20,000 shares average price $9.025 ($180,500)

·      11 March 2024

Direct              5,000 shares average price $10.70 ($53,500)


Mary Stojcevski

·      21 May 2024

Indirect              12,000 shares average price $9.04 ($108,480)

·      6 March 2024

Indirect           9,334 shares average price $10.84 ($101,228.52)


Ian Welch

·      11 March 2024

Direct                    7,000 shares average price $10.93 ($76,550)


Leanne Ralph

·      1 March 2024

Direct              46 shares average price $11.3920 ($524.032)


Selling

David Dicker

·      05 March 2024

Direct              8,651,041 shares average price $10.90 ($94,296,346.90)

Indirect           9,967,583 shares average price $10.90 ($108,646,655)

#Management Ownership
stale
Added 2 years ago


Inside Ownership                   Ordinary Shares    % DDR Issued        Net Value at $8.31

David Dicker                            58,000,000                  32.2%                         $481.98m        

Fiona Brown                            55,753,261                  30.96%                        $463.31m

Vladimir Mitnovetski               846,096                       0.47%                          $7.03m

Mary Stocjcevski                     314,501                       ~                                 $2.62m

Ian Welch                                78,000                         ~                                  $648K

Leanne Ralph                          10,271                         ~                                  $85K

Kim Stewart-Smith                 4,941                           ~                                   $41K

Total                                        115,007,070                63.86%                        $955.71m


Summary Dicker Data Director On-Market Buying Feb 2023

Vladimir Mitnovetski

·      28 February 2023

Direct                          25,000 shares average price $8.074 ($201,850)

Indirect                       5,000 shares price $8.00 per share ($40,050)


Mary Stocjcevski

·      28 February 2023

Indirect                       7,000 shares price $8.00 per share ($56,000)


Ian Welch 

·      28 February 2023

Direct               10,000 shares price $7.90 per share ($79,000)


Summary Directors

David Dicker - is the co-founder of the Company and has been a Director of the Company since its inception in 1978. 

Fiona Brown (David Dicker ex-wife) is the co-founder of Dicker Data and currently serves as Non-Executive Director of the Company. Fiona has been involved with the business since it started in 1978 and has been a Director of the Company since 1983 

Vladimir Mitnovetski (Vlad) Executive Director and Chief Operating Officer. Vlad joined the Company in 2010 in his role as Category Manager. Vlad holds a bachelor of business degree from University of Technology and a masters degree in Advanced Marketing and Management from the University of New South Wales. Vlad was appointed to the position of Chief Operating Officer on 8th September 2014. 

Mary Stocjcevski Executive Director and Chief Finanical Officer. Mary joined Dicker Data as Financial Controller in 1999. Prior to joining Dicker Data Mary had over 15 years’ experience in accounting and taxation. Mary holds a Bachelor of Commerce Degree with a major in Accounting from the University of New South Wales. Has been a Director since 31 August 2010. 

Ian Welch joined Dicker Data in March 2013 as General Manager – IT before he was appointed Chief Information Officer on 6th August 2015, with role expanding to Director of Operations in 2020 taking on responsibility for overall warehouse logistics and business operations. Prior to officially joining Dicker Data Ian spent more than 15 years consulting to Dicker Data in various roles. During this period Ian had been instrumental in establishing and maintaining the IT Systems for Dicker Data and as a result has a deep understanding of the business and all related processes. Ian started his career as an IT Professional working as consultant to businesses in various sectors. A large proportion of these were in the logistics space which have allowed Ian to develop a fundamental understanding of such operations. Ian is also an Executive Director of the Company and was appointed 6th August 2015. 

Leanne Ralph was appointed as an independent Non-Executive Director on 13 December 2019. Prior to her appointment Leanne was the founder and Director of Boardworx Australia Pty Ltd, a provider of outsourced Company secretarial services, until its sale in 2017. Leanne is a highly experienced governance professional with over 15 years in this field, having held the role of Company Secretary for a number of ASX-listed entities across a diverse range of industries. 

Kim Stewart-Smith was appointed as an independent Non-Executive Director on 29 March 2021. Prior to her appointment Kim spent 20 years in senior roles in Professional Services Firms and is currently running her own Business Advisory and Chartered Accounting firm. She was also founder and Director of business advisory at chartered accounting firm Altus Financial. 

#Acquisition History/ Cap Raise
stale
Added 2 years ago

DDR Acquisitions/ Land Purchase

·      February 2022 Hills Security and IT Division $19.35m - largest distributor of physical security products in the Australian market https://www.asx.com.au/asxpdf/20220221/pdf/4565x601gdk7ny.pdf

·      July 2021 Exeed Group $68m - is a leading distributor of key technology brands including Apple, HP, Hewlett Packard Enterprise and Microsoft, with a focus on both the commercial and retail sectors. Exeed carries a number of exclusive distributorships in New Zealand including Motorola, Ruckus and Webroot. The business employs a total of 119 staff, with 95 based in New Zealand and 24 in Australia. https://www.asx.com.au/asxpdf/20210730/pdf/44yvv0w3nfbjdg.pdf

·      February 2016 Purchase additional adjacent land in Kurnell - $18m for additional 17.2 hectares of land adjacent to current facility. (Sale of 230 Captain Cook Dr, Kurnell $36m August 2019 https://www.asx.com.au/asxpdf/20190801/pdf/4474ckh41hb5t2.pdf ) https://www.asx.com.au/asxpdf/20160225/pdf/435bf97pl50hj3.pdf

·      February 2014 Express Data Holdings $65.5m - acquisition includes both the Australian and New Zealand operations and Express Online.  Express Data offers a comprehensive selection of software and hardware products from a blue-chip vendor base which has very little overlap with Dicker Data’s existing vendor portfolio https://www.asx.com.au/asxpdf/20140211/pdf/42mn0zdx8h5bj5.pdf


Capital Raises

·      August 2022 Raised $71.8m - $50m Institutional, $21.8m SPP Retail

·      May 2020 – Raised $65m - $50m Institutional, $15m SPP Retail

·      August 2015 - Raised $45.5m - $40.25m Institutional , $5.25m SPP retail

·      March 2015 - Raised $40m Corporate Bond offering https://www.asx.com.au/asxpdf/20150316/pdf/42x98gn9sv5jvf.pdf

·      January 2011 - IPO Raised $1m