Analysts are expecting DMP to miss guidance. Credit Suisse and another broker downgraded the stock in response. There is an expectation if they miss guidance the SP could fall quite harshly.
SSS growth will also be heavily scrutinised particularly as DMPs domestic store openings seem to be cannibalizing existing stores. I am happy to wait and see what happens. Hoping for a big drop so I can buy back in.
DMP - Why such a big drop?, page-2
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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 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| DMP (ASX) Chart |
