Sticking with it15 Feb 2006 09:43
DGM. I still have an interest here. Unfortunately, the shares were savaged when news of last year's troubles hit the fan. It is my opinion that there is nothing stopping these shares from recovering all the recent downside and more. If interest is being shown in the Co by prospective buyers, then that shows some element of ceretainty in that is looks tentatively attractive to prospective buyers. My instinct tells me these shares are "cheap" on prospects but "dear" on recent past record. There has been plenty enough time to iron out the software problems, new client order wins. How much damage the past woes have hit cash reserves, this will become clear in March. Reputation/goodwill knocked for six, but goodwill will return provided DGM can deliver on promisses and provide a useful working solution to past hickups. I can only go on past present events and ignoring unsubstantiated non public available information. If my misplaced optimism smacks me in the face cest la vie. But my opinions are my own with some justification. From experience, when shares are out of favour, the road to recovery is rocky and long, biding my time here for a full recovery.