If you study carefully the QR yesterday, you will understand why dgsb is moving up today. Soon dgsb will be on the uptrend. Buy now as it is still very cheap.
Dgsb is good. The very fact that the revenue jumped to 27.287m from 16.604m in the previous qtr ie 64.34% increased. The gross profit also jumped to 18.901m from 10.980m ie increased by 72.1%.This simply shows biz is expanding at the top line. Writing off bad debts is normal in any business. That is why dgsb is good !
In the latest QR , Part A note 4 stated that the business of the Group is not affected by any seasonal and cyclical factors. That means the revenue of 27.287 m showed that the biz is expanding by 64.34%. If the biz keep on expanding to the next qtr, the revenue will soon hit over 40m .
Buy a business that is expanding ! DGSB has LOW DEBTS, new BODs who are IT genius, and excellent biz potential for growth . Buy now while it is still cheap.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ameera
2,921 posts
Posted by Ameera > 2018-06-01 14:10 | Report Abuse
Still got hope not this counter?