Dicker Data a good chance of an earnings upgrade and p/e re-rate

We have added Dicker Data (DDR:ASX) to both Growth 2 and the Dividend Fund after the company completed a placement and small sell down. We have been trying to buy into DDR for over two years so we know the company very well. DDR has a 36 year trading history and is the second largest distributor of computer products and software in Australia. DDR has forecast PBT of $30.9m for the calendar year, however, given they made $3.3m in July we think there is a good chance of an upgrade to that forecast. DDR is currently trading on 11x p/e and a yield of 9%. So not only is there a chance of an earnings upgrade but also a p/e re-rate with distributor peers such as EBOS trading on 15x p/e.