Davis Commodities Limited (DTCK) News

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

Oink oink

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

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

We can start moving up till the big show!

I am very patient

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

Perfect thankyou

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

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

Patience is a virtue here

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

Oh ok thankyou

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

Not exactly sure though. I am just guessing

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

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

Those finances are due soon?

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

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 🤷🏻‍♂️

Maybe. Could be also related to tax selling

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

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

Low vol shake. Nice starter entry here today

Mean 6.5. But it's more now

Warming up

Yippie

650k volume

Some volume comming

Darn straight

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

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

$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

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

$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

$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

Closes 1.19 a.h.

Agreed

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

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

MACD READY to flip bullish tommorrow

Wow dtck waaaaay undervalued

Good ..like this to be priced right

Yes

So if correction made should be over. 3.00 pps?

$DTCK daily chart

$DTCK daily chart 👀

RSI 37.67
MACD about to cross ⬆️
PSAR flip at $2.12
VWAP since IPO $3.51
High since IPO $9
.20 EPS (Earnings Per Share)
2022 Net revenues $4.62mhttps://t.co/RrCfZi20BI pic.twitter.com/2BOQgOnzoP— KIR (@KeepRealistic) December 2, 2023

Agreed

Based on 2022 net earnings & EPS and comparing them to another ticker with similar OS, earnings and 1/2 the EPS, I believe we are undervalued

I am holding for the Market correction

Chart also looks like it’s starting its reversal
https://schrts.co/PcdQjDqv

See my tweet below for details
$DTCK Market gap correction $DTCK per its 2022 financials highlighted below had

35% more Net Income than $TOP
and double the EPS of $TOP

Yet the Market currently has $DTCK trading at 4.71 times lower than $TOP

Now also add the 2023 $DTCK growth to that … pic.twitter.com/1ZGbGeiDHm— KIR (@KeepRealistic) December 2, 2023

I've heard the 5th..also the 12th? Either way they are comming and chart looks primed

$DTCK earnings can come any day now and likely pre Market

Looks more than ready! Chart is a beauty!

$DTCK MACD kissing and about to turn up

PSAR down to $2.12 !

Get ready folks !!!

https://schrts.co/PcdQjDqv

That should help

Oh ok thankyou

just targets man... would be nice for sure