DSB 0.00% 14.0¢ delta sbd limited

trading at a pe of 2.5 and an 9% yeild, page-3

  1. 8,134 Posts.
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    Went through the 47 mining service companies listed on the ASX and none of them come even close other then SWK like you say which looks good but still no where near the upside as DSB.

    Im very surprised at how no one has picked up on this little company sooner.

    Those figures are very very impressive and wouldnt be surprised to see this stock $1+ minimum in the near future.

    $20m market cap
    $8m profit for FY2013
    Full year divy of 3.8 cents or about 9% yeild
    Major growth year on year in revenue, profits etc.

    To put this company on par with the industry avergae is should be trading on a PE of about 7.5 which is equal to about a $60 million market cap or $1.50 per share minimum.

    Will be looking to form a position in this over the coming weeks.
 
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Currently unlisted public company.

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