DES 0.00% 9.0¢ desoto resources limited

mph acquisition, page-4

  1. 7 Posts.
    MPH was a profitable investment for me but that was almost 4 years ago, since then the company has been through nothing but profit downgrades and underperformance. I have been holding DES since about December when the company realigned itself from a server host to a media business and think it has big potential, just not with businesses like MPH. Nice Shorts and similar acquisitions are great, but why buy is a company which positions itself an an online content provider buying what is an underperforming "bricks and mortar" dvd wholesaler? Oh well at least if nothing else its a good real estate investment, MPH has warehouse/distribution facilities in Brisbane from memory. DES has great potential but with so few good online media acquisitions available in Australia I just thinnk this one is a bad choice, hope it proves me wrong :-)
 
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