Business
This ASX growth share is trading cheaply according to one fund manager
Are you sick of hearing that ASX growth shares are now overvalued?
Do you feel like you’ve missed the boat?
One fund manager has picked out a recently floated ASX share that he reckons has outstanding growth potential but is still cheap.
Datt Capital principal Emanuel Datt wrote in a research memo this week that home fragrance retailer Dusk Group Ltd (ASX: DSK) is in an intriguing situation.
“Dusk is the largest player in the local market holding approximately 22% market share, whilst running only around 115 physical stores,” he said.
“The company foresees the potential to grow to around 160 stores throughout Australasia by 2024. Over the last 12 months, the company’s online presence grew significantly making up at least…
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