I think people are going to have to accept that it’s quite possible those days of inflated PEs and potential valuations are coming to an end. It seems normality (traditional long term valuations are returning in what looks like an October pullback. Hopefully this allow for a more steady correction rather than a dramatic drop. If you hold these types of specs then they will be assessed on actual performance and unfortunately there may be delays in price movement. It’s no different to when the property market is running hot any sh.t will sell but in a more conservative market even good properties sell at a discount. On the flip side this is a great time to load up on potential growth stocks that got away and have now come back down to more attractive levels. For DSE short term news will hopefully help it stay relatively neutral in the current geopolitical environment and stem to some extent the shift of money into traditional more stable equities away from growth and specs. Any share price take off for DSE will require great news with $$& figures. So relax, reassess your holdings, do your research and decide if you believe the growth story in DSE in what will possibly be a slightly slower growing world economy with some challenges ahead.
DSE Price at posting:
9.9¢ Sentiment: Hold Disclosure: Held
