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Last edited 3 years ago
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#Financials
stale
Added 3 years ago

Hopefully I'll find time to delve into DGL financials tonight/tomorrow however on a real quick look (not even a read) it certainly looks as though the sell off is way overdone....maybe I'll be proved wrong once I've had a good read?

Appreciate insights from other holders here if you've had time to review?


#Stock Popped
stale
Added 4 years ago

@Saiton

I think you'll find the "pop" was as a result of a recent buy recommendation by a stock picking service.


#Bull Case
stale
Added 4 years ago

EXTRACT FROM TODAY'S AGM:


Outlook and Summary

Business continues to perform strongly and in-line with expectations.

Lockdowns across the region, to date, have not had a material impact on our business, with DGL considered part of an ‘essential industry’ in both Australia and New Zealand.

Continuing to see onshoring of international supply in response to global supply chain issues.

Strategy now focused on growing organically and consolidating acquisitions acquired post IPO.

We continue to actively review further targets.

We expect the underlying IPO group1 to exceed the prospectus EBITDA forecast of $29m and we expect to add approximately a further $15m of pro-forma2 EBITDA to pro-forma Group earnings from acquisitions made since 30 June 2021 based on their implied EBITDA at completion.

FY22 earnings guidance will be provided in conjunction with the mid year results.