Not inconsistent at all. I changed my view on the company after the half yearly. Always thought DLS was the pick of the bunch and probably still is. I just don't believe in the growth story anymore and can't see where my returns will come from at the $1.00 level.
I put my forecast ranges for the underlying net profit over the next 6 and 12 months in a previous post and am willing to stand by them. Haven't seen anyone else speak on these threads with real conviction about future earnings or the share price, apart from nordesmic who thought the price could track up in a moderately steep channel for a month or two off the back of Seven Group's entry into the Cooper (if I am quoting him correctly).
If you want to argue, tell the forum why the growth story isn't over, then you'll be being constructive and balancing of my current views.
Regards
Eshmun
DLS Price at posting:
98.5¢ Sentiment: Hold Disclosure: Held
