Shares & Derivatives
Design Studio’s 11% yield to be maintained?
By LetsGetRichTgt  •  November 15, 2015
Design Studio released its 3rd Quarter financial results. Being in this industry, it's expected that revenue and profit recognition would be lumpy. Thus, any one quarter's result is not going to tell us too much about the full year's performance. Nonetheless, since we're already 9 months into the year, we're left with the remaining 3 months for DS. For 6 months ending June 2015 Revenue up 62.7% PBT up 49.0% For the 9 months ending September 2015 Revenue up 23.5% PBT up 3.1% PBT is now at $13.1million. 2014 full year PBT is at $23.8m while 2013 full year PBT is at $15.3m Looking at how lump the profit recognition are, it is hard to say if DS will miss matching 2014's PBT for sure. However, to be conservative, let's assume they'll miss 2014's PBT but match 2013's instead. Maintain Dividend yield? Profits ......
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By LetsGetRichTgt
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