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Decisive Dividend Corp V.DE

Alternate Symbol(s):  DEDVF | V.DE.WT

Decisive Dividend Corporation is a Canada-based acquisition-oriented company. The Company is focused on opportunities in manufacturing. Its segments include finished product and component manufacturing. The finished product segment, which manufactures and sells products that are purchased and used by end customers as designed. Within the finished product segment are five separate businesses: ACR, Blaze King, Capital I, Marketing Impact and Slimline. The component manufacturing segment, which manufactures and sells products based on specifications determined by its customers for use in its customers’ processes. Within the component manufacturing segment are five separate businesses: Hawk, Micon, Northside, Procore and Unicast. In addition, it has a third separate segment, Head Office, which is an investment holding and management company. Its subsidiaries include Valley Comfort Systems Inc., Unicast Inc., Slimline Manufacturing Ltd., Northside Industries Inc. and Hawk Machine Works Ltd.


TSXV:DE - Post by User

Comment by TimeScapeon Nov 08, 2023 10:17pm
216 Views
Post# 35725229

RE:Great Quarter

RE:Great QuarterMe too!! LOL

Seriously, DE is one of many small cap stocks I hold that are trading at unreasonably low valuations, given their profitability and growth.  Small caps are very much out of favour and so you can get them very cheaply and wait for the sentiment to turn.  I added a bit to my DE position today after the strong quarterly results.

Sales up 45%, adjusted EBITDA up 97%, profit up 35%.  Dividend increses. They probably make about 50 cents a share this year, so the p/e is only about 15 times.  There are others you can find that trade at under 10 times, so DE is actually getting a bit more recognition than some others.  It has risen from $2.00 3 years ago to $7.59 currently.

If you want to see a great read about how cheap Canadian small caps are now, have a look at the October ROE Report on the Donville Kent website.  Very informative, and some excellent small cap opportunities.
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