Agreed @RandomK
DMP is sitting on a PE of around 30-35
Compare to:-
McDonalds 20-21
YUM (KFC, Pizza Hut, Taco Bell) 19
So it isn't overly cheap ... now if this was on the way up, then they could hype tech and drones and all sorts to inflate the PE for forward earnings and excite the market. But they've done that already and it failed
So it comes back to basic earnings for them, no more gimmicks
I think a lot of their financials employ crafty accounting, there was some nice examples in earlier threads
So what do punters think will drive them higher from PE's of 30-35 now ?
Agreed @RandomK DMP is sitting on a PE of around 30-35 Compare...
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Last
$32.71 |
Change
-0.440(1.33%) |
Mkt cap ! $2.865B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.19 | $32.60 | $3.084M | 93.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22 | $32.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.71 | 93 | 5 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| DMP (ASX) Chart |
