Mashithembe

Distell might be lagging

Long
Mashithembe Updated   
JSE:DGH   None
DISTELL GROUP HLDGS LTD is trading close to the low after the big fall . In SA they where hit by the ban of alcohol sales and currently sales only available on week days. with SA lock down in easing mode and the court case of tobacco so far potentially supporting lifting of the ban . Restaurants will partially open this week for the first time . This might be a bet to consider .

Technical not quite supporting it but might be a dice to role. Sentiment to quite there.
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company’s future expectations. With profit expected to grow by 55% over the next couple of years, the future seems bright for Distell Group Holdings. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

The current price is not off from a fair value point of view ...But before it might a a future growth priced in . This might present a new future price opportunity again . Would like to get other opinions.
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Article on Money web and simply Wall st
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