DKS 0.00% $13.30 danks holdings limited

target for wow

  1. 960 Posts.
    I've been pouring over this for two days.

    Posted on WOW - but not getting any feedback.

    Referring to my WOW posts, I think the DKS is a fit for WOW

    WOW interested:
    1. refer to AFR weekend page 44 (this is what started me)
    2. http://www.theaustralian.news.com.au/business/story/0,28124,25009354-643,00.html

    Danks interested:
    http://www.insideretailing.com.au/Latest/tabid/53/ID/1011/categoryId/55/Collapse-of-Mitre-10-and-Danks-merger-talks-gives-Wesfarmers-a-reason-to-smile.aspx

    DKS has a commsec listed p/e of 13
    with the recent profit reviews,
    the actual p/e will be 8

    So, if I'm wrong about being a WOW target, I seem to be protected.

    High volume today- 2 year high
    Recent overall high volume

    Any thoughts?
 
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