RE:RE:RE:WHAT'S IT GOING TO TAKE FOR DCM TO MOVE MUCH HIGHER.? I might sound critical but I believe my assessment is fair. I believe that mgmt and insiders are honest and hard working and can execute/deliver but the time for talk and presentations is over. We need execution and proof of idea/concept. That will drive shareholder value and I should point out that mgmt and the board and well alligned with our interests
I think this is a fair assessment. It's a low-margin business and they're trying to make it higher-margin, but frankly lots of businesses they've tied up with are also suffering adn trying different things. T.AC is just one - bleeding cash from shutdowns, it hasn't moved the dial on marketing in months and won't til business and holiday travel comes back.
I've been looking at the flaming dumpster fire that XELA is - totally different business but same issue. High valuation based on optimistic profits, having trouble keeping revenue up, ditching modestly profitable lines in favour of ones that use less operating capital, and yet it's well on the way to being delisted despite revenues of well over $1B mostly because of high debt. Exactly the same thing, just a few years behind DCM. So it's not just sales and revenues, it's not just profitability, ,it's not just buying new businesses or opening new lines, and it's not just paying debt down. It's all of that.
That said, summer's coming and sometime after Q4 is read to us peons, I think the optimism will take hold in all sectors. I don't know that this will drive profitability at all, but it should certainly drive revenue. And with debt taking care of itself at its present reasonable rate, that will add the stability we all need from the past half-decade of trouble. Give the company a year to get stable and people will start to look at it again without the jaundiced eye they've all had. Just don't give them a credit card to buy any more businesses!
Expecting it to go to $1 before Q4 report and I'll be buying judiciously at that time. My (much smaller, thank you!) stake is pretty close to neutral now.