Data Group Income Fund is in a severe sell off
The yield on distributions is now at 21.1% which for a microcap company is indicative of the risk you have to assume if you are going to continue to hold these units.
The yield on distributions is now at 21.1% which for a microcap company is indicative of the risk you have to assume if you are going to continue to hold these units.
DGI.UN is a micro cap company operating in the specialty printing business offering what would have to be seen as a very generous yield. Both of these factors indicate a higher risk profile.
As long as the company can continue to roll up players in the cleaning and maintenance space the stock looks like it has more room to grow.
I would expect a pullback in the near term. You can see that volume is thinning out and all the good news is in the stock.
Hi Lou, I am a novice when it comes to all this stock market stuff, but I am trying to learn more especially with the global economy concerns that most of us have. I am thinking of exploring some stocks that I may be able to invest in without breaking the bank. I received an [...]