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The Prudent Approach For Investing In Draganfly

Dec. 01, 2021 12:00 AM ETDraganfly Inc. (DPRO)ALPP, TAKOF, UAVS, FLT:CA7 Comments
Joris Gijzendorffen profile picture
Joris Gijzendorffen


  • After an excessive rally at the beginning of 2021, Draganfly share prices have fallen back to justifiable lower levels. Other drone companies fell back from very high valuations as well.
  • The industry is still in an emerging phase. Double-digit growth of the drone industry is expected, but it's too early to tell which companies will benefit the most.
  • Draganfly offers a good chance of success. It has cash, revenue growth and a viable path to profitability in combination with two decades of experience in the industry.
  • A prudent investing approach is to build speculative positions in several drone stocks with small purchases at a time. This spreads the risks over time and over several companies.

Drones, UAV.

LedLopezHdz/iStock via Getty Images

Draganfly after the hype

One year ago, at the end of November 2020, the share price of Draganfly (NASDAQ:DPRO) started to rally. Before that time, the shares had traded around the $1 mark for a long time, but

This article was written by

Joris Gijzendorffen profile picture
TMT sector professional. Over 20 years of experience working in the sector in Europe and outside Europe. Decade of investing experience to keep in close touch with companies and themes that are relevant for my work.Companies where I worked are among others: KPN, Chellomedia, Liberty Global, UPC Cablecom Switzerland, Get Sweden, Ooredoo Middle East, Cell C South Africa, Du Dubai, Axiata South East Asia, Celcom Malaysia, Vodafone.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of DPRO, TAKOF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Comments (7)

Joe Away from Beach profile picture
Just started to buy some drone company’s stock. 1. Ondas Holdings (ONDS) which just got a contract from Chevron for methane detecting drones. 2. Dragonfly (DPRO) based upon your article.
What might be the most promising drone area is military. With tanks costing $600m plus and drones costing, say $10,000, many a country, including the US will be buyers of tank destroying drones. See medium.com/...

Would you let us know which companies will make and sell tank destroying drones?
Joris Gijzendorffen profile picture
@Joe Away from Beach perhaps ktos? I also heard that turkey is heavily into drone manufacturing, military and other, but haven't taken the time to look into that further
Darp Research profile picture
@Joris Gijzendorffen At 1.25 now what do you think?
Kinix Research profile picture
Will be keeping tabs on this name. Mentioned that they just turned a profit last quarter; did a quick check and it seems all of their earnings came from "Non-operating Income." Their operating income accelerated into the negative. Just curious: Do you know where this "non-operating income" is coming from?
Joris Gijzendorffen profile picture
@Kinix Research it had to do with a one off income due to a higher accounting valuation of some securities on the balance sheet. Purely looking at revenue of 7m this year and normal expenses and cost of salesof 20-25m they're still a few years off from becoming profitable
bd4uandu profile picture
It's an interesting mix of board members and advisors. Do you see it as an advantage over the other drone players?
Joris Gijzendorffen profile picture
@bd4uandu it's my impression that they pick the board members and management carefully. The entire positioning of the company is strengthened in this way.
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