Davis Commodities Ltd (DTCK)

[Monksdream]

DTCK, new 52 week low

[tw0122]

Back out $1.20 most 

[tw0122]

Back in 1.08 that 1.03 support sort of holding for a market open pump.

[glenn1919]

DTCK...........................https://stockcharts.com/h-sc/ui?s=DTCK&p=W&b=5&g=0&id=p86431144783

[tw0122]

DTCK softer supports at $1.03 if not back to .90s break $1.19 solid again and get a harder run again 
$1.67 is ultimate stiff breakout 

[d1morgj0]

In 1.09 / Out 1.46.... happy morning so far....

[tw0122]

Out at )1.55 +67% 

[tw0122]

Get in get out $1.25 + 33% 

[shurtha2000]

Look out above

[Awl416]

Uh oh

[shurtha2000]

300K float

[glenn1919]

DTCK..............................................https://stockcharts.com/h-sc/ui?s=DTCK&p=W&b=5&g=0&id=p86431144783

[Awl416]

Oink oink

[Backstabbed]

$DTCK - someone on ST said that they received a reply from the company! It's great to hear!

[Backstabbed]

Would be nice though if the company starts dropping the 3 first required quarterly financials

We can start moving up till the big show!

[Backstabbed]

I am very patient

[Backstabbed]

Did not expect this to drop. Very disappointing that the company is allowing this to happen. Maybe they release those fins soon.

[buccaneer1961]

Perfect thankyou

[Backstabbed]

I emailed the company this morning. Will let you know if they respond.

I am not expecting the company to release financials for entire 2023.

But at least file the last 3Q

Hopefully their revenue is still decent so we can push up to $5 a share

[Backstabbed]

$DTCK - 25M O/S - $200M revenue - minimum $8+ a share

Patience is a virtue here

[Backstabbed]

$DTCK - Website: https://www.daviscl.com/

[buccaneer1961]

Oh ok thankyou

[Backstabbed]

November 15, 2023 we should have received 3rd Q financials cause they trade on Nasdaq

Not exactly sure though. I am just guessing

[Backstabbed]

Bro… their end of year financials is December 31, 2023.

PR released in September confirmed that end of fiscal was December 3, 2022

[buccaneer1961]

Those finances are due soon?

[Backstabbed]

You will always have those people that owned a small position and just wanted a small loss for tax purposes

This doesn’t mean there is something wrong with the company

[TRADER99]

Hmmm not a bad idea but stocks trading below book like this one just don't fit the criteria for tax loss selling as opposed to a dumpster fire with no hope of coming back for a long time or ever. One good pr and we shoot north in a minute here 🤷🏻‍♂️

[Backstabbed]

Maybe. Could be also related to tax selling

[TRADER99]

As I see it, 81% held by insiders. Hence the shake imo. Market is totally corrupt and always will be against retail.

[Backstabbed]

no reason for this shake. stock is undervalued as it is

[TRADER99]

Low vol shake. Nice starter entry here today

[buccaneer1961]

Mean 6.5. But it's more now

[buccaneer1961]

Warming up

[buccaneer1961]

Yippie

[buccaneer1961]

650k volume

[buccaneer1961]

Some volume comming

[buccaneer1961]

Darn straight

[Backstabbed]

It’s pretty undervalued that’s for sure!!!!

[TRADER99]

Looks like it's bottomed ready to move. Company sees this and pretty sure they are ready to pump lol

[KeepItRealistic]

$DTCK looks ready for this week

RSI 36.92 (over sold)
MACD crossed up

PSAR flip at $1.45 within reach
Last PSAR flip resulted in 200% plus gain

Average share price since it’s IPO (VWAP) is $3.45 with a High since IPO of $9

.20 EPS (Earnings Per Share) in 2022

Net revenues $4.62m in 2022

Company is over 20 years in business and its trading near its historical low

81.06% of the OS owned by insiders making this a low float

[buccaneer1961]

So this comming week..the 12th is when finances due?

[KeepItRealistic]

$DTCK per profile is

“Wholesale-Farm Product Raw Materials”

Price to earnings ratio for the Wholesale Industry

Wholesale Industry's current Price to earnings ratio has increased due to share price growth of 4.58 %, from beginning of the third quarter 2023 and despite increase in net income for the trailing twelve month period, by 8.91 % quarter on quarter, to Pe of 22.85, from the average Price to earnings ratio in the second quarter 2023 of 20.84

We should be trading at $4.57 based on 2022 EPS of .20

2023 EPS is not known yet but likely higher

[KeepItRealistic]

$DTCK VWAP & after hours close $1.19

$DTCK closes at $1.19 after hours

VWAP today was $1.19 pic.twitter.com/pRS9SPYaVt

— KIR (@KeepRealistic) December 6, 2023

[buccaneer1961]

Closes 1.19 a.h.

[KeepItRealistic]

Agreed

[buccaneer1961]

When finances come it should correct fast...even without that the chart alone will go up just fine

[Backstabbed]

Yup! This is a goody! chart and fundamentally wise...

[buccaneer1961]

MACD READY to flip bullish tommorrow

[buccaneer1961]

Wow dtck waaaaay undervalued

[buccaneer1961]

Good ..like this to be priced right