Discoverie Grp. Share Price (DSCV)

From the last trading update, in the current outlook section, what does this mean? Can anyone help me?

“ Customer demand remains relatively resilient with a book to bill ratio of 0.95:1. ”

What is the book to build ratio, and is 0.95:1 a good one?

Good for Rivaldo and we’ll done, I hope you put your profit to good use and keep an eye on DSCV in the future. I’ll be staying for some time me thinks and see how far this baby can go. Take care I’ve enjoyed your posts thanks for the insights!

For courtesy's sake I should say that I've sold my shares here now, due to the coronavirus.

DSCV have one of their locations in China, which is likely to be suffering. But mainly, despite DSCV's core sectors being very resilient and largely non-cyclical, they do also have a chunk of business in semiconductors and other cyclical areas, and I just felt that DSCV were one of the more exposed companies in my portfolio to a general slowdown.

I'm around 130% up here, so it's always good to protect a decent profit. And since DSCV is reasonably well rated my thinking is that whilst there may not be too much immediate upside, there may be more downside for the moment.

Good luck to others here, and I may well be back in soon. Cue another acquisition tomorrow morning!

A strong in-line trading statement, with the crucial D&M division looking very good and offsetting a small Q3 decline in CS.

Finncap have raised their target price to 641p.

With CS now trading well, order books up, margins improving and D&M looking good, 2020's outlook looks very solid:

"The Group has a clear strategy focusing on the target markets of renewable energy, medical, transportation and industrial & connectivity to create sustainable organic growth. This platform, together with a pipeline of further acquisition opportunities, means that the Board is confident of making continued progress."

Rising nicely again, with buying coming in at 590p now.

Congrats Stubert!