DES 4.26% 9.0¢ desoto resources limited

financial review

  1. 488 Posts.
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    Check out today’s Fin review article – main points listed below;

    07-08 Earnings once the Magna deal is done = $11+ million (before interest, tax, depreciation and amortisation) similar to the figure I posted a couple of months ago!
    Plus - two / three acquisitions with in the next three months! Which would increase the $11 million to $12, $13 $14 million???
    These are just 3 targets from a list of a dozen companies which are on Destra’s acquisition radar!
    Dom also ruled out a short term bid for qfx due is being none profitable! So wait till/if it turns and I’m sure a bid will come.
    What value do we now put on Destra? I’ll review some figure shortly.


 
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