TSX:DA.DB.A - Post by User
Comment by
Mongoose11on Sep 13, 2011 5:22pm
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Post# 19038475
RE: Balance Sheet perspective
RE: Balance Sheet perspectiveGreat results that are yet again not followed by higher investor demand. This is unfortunately another sign of the gloomy investment climate around the world.
It saddens me to see this and other small caps posting solid results while investors are too frightened to plunk down some cash to get in on the action. We are living in a world where people are able to get a 5% yield on Canadian bank stocks and are risk averse as a result.
I hope some of these success stories are taken private. In the case of DA it would take only 6 years of future profits to pay back any loan taken on to do so. Not too shabby.