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DTCK / Davis Commodities: Profit-Machine, But 65% Of Share Price Is Just Growth Expectations
Singaporean agricultural commodity trading company, Davis Commodities Ltd., went public last week but has seen minimal growth since listing. Davis has an asset-light business model with significant pricing power and high returns in 2022. The company's profitability is driven by a global sugar shortage and cost-plus pricing, but the share price is largely speculative.
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Posted: Sep 26 2023, 21:40
Author Name: Seeking Alpha
Views: 102110
DTCK News
By Seeking Alpha
September 26, 2023
Davis Commodities: Profit-Machine, But 65% Of Share Price Is Just Growth Expectations
Singaporean agricultural commodity trading company, Davis Commodities Ltd., went public last week but has seen minimal growth since listing. Davis has more_horizontal