Design Studio - exploded!

PKC wrote:

Kim Eng just published today that at 55c, Depa only offers DS FY10 PER of 4.6x or PER of 3.6 (ex-cash). In comparison, Star Publication offered Cityneon, a similarly illiquid stock but lower growth, at 12.5x. Currently, the PER average for the sector is 7.9x. If, using PER of 7.5x, Depa should offer DS at 84c.

pls share with us, the report.

Not sure whether there is any copyright issue, as the report is only intended for the subscribers. However, you can visit the site below after the market close and it may be posted there. www.remisiers.org/researchnew.html

PKC wrote:

Not sure whether there is any copyright issue, as the report is only intended for the subscribers. However, you can visit the site below after the market close and it may be posted there. www.remisiers.org/researchnew.html

no copyright issue, don\'t worry ..

Depa can kiss its takeover offer goodbye. With most of the trades done today at 57 & 57.5 cents, the stock is running away and Depa cannot touch it at a price higher than 55 cents. Prudential managers must be kicking themselves for selling out 2 m shares the other day. So who\'s buying up? That\';s the million dollar question. If a suitor is emerging, wow! If it\'s value investors who now recognise the value of DS (after all Kim Eng\'s Pauline Lee reiterated its target of 90 cents this morning), then that\'s just as nice. Getting exciting... hor?

today\'s vol not even 1mln shares, don\'t laugh to early ... Harlequin wrote:

Depa can kiss its takeover offer goodbye. With most of the trades done today at 57 & 57.5 cents, the stock is running away and Depa cannot touch it at a price higher than 55 cents. Prudential managers must be kicking themselves for selling out 2 m shares the other day. So who\'s buying up? That\';s the million dollar question. If a suitor is emerging, wow! If it\'s value investors who now recognise the value of DS (after all Kim Eng\'s Pauline Lee reiterated its target of 90 cents this morning), then that\'s just as nice. Getting exciting... hor?

Depa buy another 1,416,000 shares @ 0.550, yesterday, latest holdings = 66,561,000 or 26.1% :side: