X

Get our occasional Market Report emails

sent straight to your inbox

There’s no charge for this.

Getting latest data loading
X

Request a Call to Trade

In addition to the daily Research emails, I would also like to receive the Accendo Markets Weekly Newsletter and occasional Market Report emails highlighting various trading opportunities.
When you enter your telephone number, we may call or message you occasionally with trading opportunities. You can opt out at any time
Home / Stocks and Markets at Lows / Daejan Holdings (DJAN.L) 20-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Daejan Holdings (DJAN.L) 20-11-19

Shares in Daejan Holdings (DJAN.L) have fallen dramatically from recent highs of 5770p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • This stock is one of the more significant fallers in the period.
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Now trading at 4870p (at time of writing). A return to previous highs would represent a rise of 18%.
  • Shares -20% from 12-month highs; +3% from 12 month lows.

Latest News

23 Jul:  Daejan Holdings, the property investor,  announced a decline in end of year profit due to reduced valuation gains. Higher rents supported an increased dividend.

28 Nov:  Daejan Holdings announced that H1 profits benefited from portfolio revaluation gains, but voiced caution over its UK Business due to Brexit.

17 Jul:  Daejan Holdings said that annual net profit rose 25% as rental income and the the value of its investment property increased.

29 Nov:  Daejan Holdings announced pre-tax profits of £56.6m for the half year to the end of September, reducing from £65.1m in the previous half.

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.