DATA Communications Management Corp. (DCM.TO)

DCMs first Coverage by eResearch- Receives Buy Rating and one-year price target of $3.60/share

Tittle: Digital-First Strategy and Tactical Consolidation Drives EBITDA Growth at DCM

Intro: eResearch is pleased to publish an Initiation Equity Research Report on DATA Communications Management Corp. (TSX:DCM | OTC:DGPIF | STU:18DN).

We are Initiating Coverage on DCM with a Buy rating and one-year price target of $3.60/share.

You can download the 41-page Equity Research Report by clicking on the following link

Link: https://eresearch.com/2021/08/16/eresearch-reports/digital-first-strategy-and-tactical-consolidation-drives-ebitda-growth-at-dcm/

Looked closely at the company’s leadership team and, frankly, didn’t like what I saw. Most directors are either current or former executives of the company. All look like 65+ years old. The company seems to always operate at near-zero net earnings, which tells me that these old-aged executives probably treat this company as a personal financing machine, than anything else. All they want is to make enough money to pay nice six-figure salaries and bonuses to the executives. I don’t see much motivation to push beyond that. I hold a small position and willing to wait for another pop, but probably will be looking for a more exciting company to replace it in my portfolio.

Investors need to be a bit more patient on this one. Richard only became CEO what 7 months ago? He is trying to change almost everything about this company and make it compete in a space that few know that DCM provides and most company’s don’t think about or listen to unless you have a prior relationship to sell it to them. DCM has those existing relationships.

Give the man at least a full year to turn this print company into something else.

If he’s still not done his job by 2022 Q2 earnings, then maybe give him the gears. But until then, if you are looking for a quick buck, sell and go find a true Tech company or buy some crypto.