.6 Dec 2013 09:13
not surprised to see a few familiar names on here.
I started this thread on the ADVFN site back in April as I saw the potential here and bought in at the time.
Nearly 100% up since then................................
ONE TO KEEP AN EYE ON!
DRTY: share price at the start of this thread 22/04/13: 48p
DRTY is having a tough time atm with its disposal of Comet and the selling of its Italian businesses and the closing of the loss making stores in Spain.
The better news is that France,Belguim and The Netherlands are working out ok!
DRTY seem to be making the right choices in trying to stream line the business,concentrating on the profits and cutting off the dead wood.
I am not optimistic that the final year results on june 19th will be great,but I believe that an improvement will be seen and this could well be enough to re vitalise the share price.The figure to look out for is 30 million euros as that is the lower expectation for adjusted profit for the year ending 30th April.DRTY say that they are not expecting to achieve this,but lets see how close they get.
Technicaly the chart looks to be setting up a potential inverted head and shoulders and with the MACD having risen from well into the -ve to just into the +ve zone and RSI trending up in the 60's things could start to move in the right direction for the price.
Defo one to watch!
Mr Bluesky