Post by
lifeisgood1010 on Oct 22, 2024 11:24am
Historical sales
For those who are complaining about the order book may want to have a look at DRX
sales history.
There are two main reason why DRX profitability has change drastically.
The investment in the one of a kind in North America of the Zebau automated line.
This line gave them a huge hedge againt their competitors in term of cost ,quality and rapidity
of executing large contrat on time.
This propelled the sales and with this their margins because of the fixe cost being spread over much, much bigger sales number.
Here is the sales history of DRX
2004:$113m
2005:$32m
2006:$21m
2007:54m
2008:$59m
2009:$99m
2010:$66m
2011:$55m
2012:$48m
2013:$41m
2014:$93m
2015:$76m
2016$98m
2017:$103m
2018:$180m
2019:$135m
2020:$180m
2021:$173m
2022:$281m
2023:$251
2024:$331m
I too would like to thank you concern1bear for sharing your communication with DRX IR.
It is very much appreciated.
Remember me, i am the idiot who sold 40,000 of it's 50,000 shares position back in March.
These shares were bought below $2 , so i made a hefty profits.
After the run up, i would have taking the bet with anyone that we would not see my
average $9.40 selling price any time soon.
Well, this is the gift that keeps on giving.
Started to buy back again yesterday at an average price of $9.34 and i added this am
at different price between $9.18 and $9.28.
Will take my time in my buying because i have seen crazier thing happening over my 46 years
of investing.
DRX will not be a 5 to 6 bagger again for me, but i can see it doubling or maybe tripling
over the next 12 month to 24 months
I said it before, if DRX win work on the huge phase 3 of Lilly then DRX
book order will be north of 600 million and the stock will also be north of $20 easilly.
But that's not for today.It will take many months.Lilly contract work allocation will not be knowed
before January 2025 at the minimum, it could be even later than that.
I have started to do my calculation on my forecast EPS for Q3.
Will give it once the quarter as ended because i need the month end ending price to figure out
the DSU and PSU
Comment by
Concerned1Bear on Oct 22, 2024 2:38pm
I agree with you lifeisgood1010, I bought more stock yesterday and today as well.. will continue to buy more when I sell my gold and mineral stocks after USA election. Predicting 2024 revenue is between 330-360 million. Appreciate your input.
Comment by
pepinlebref on Oct 23, 2024 11:10am
Une belle recherche qui amene de l'eau au moulin. On voit bien la progression des ventes et les raisons qui appuient la progression , la profitabilite et la solidit de la cie. Bravo !