Dx (group) Share Discussion Threads

[rubberbullets] 24/6/2016 15:33

Drivers could face higher petrol and diesel prices as a result of the vote to leave the EU, retailers suggest.


Wont help the bottom line

[aleman] 24/6/2016 07:59

Brexit = lots more legal paperwork in the short term?

[pictureframe] 22/6/2016 12:02

I would be concerned with the following :

New hub being declined - this impacts to ability to cost save.
Increase in revolving credit and associated interest charges
Cash flow statement is the real concern you really need to go over this. My interpretation is they will not have the ability to pay future dividends.

Of course they may have turned things around since these were prepared but I would wait until we get the next set of figures.

[imgoingallin] 21/6/2016 12:01

I did some totting up last night and based on the significant shareholders, the securities not in public hands (3.90%) and the two recent deals i got it to a stake worth (forgive me if my sums are wrong) 83.66%.

If the next lot of results are very promising and show much improvement since the last with just 16.34% held by PI's (and no doubt smaller institutions) surely the shareprice would rocket and rocket quickly? The lions share of the institions barring Fil were in when the share price was north of 80p and so they, you would presume, would be holding for a while yet. What are peoples thoughts on the above on the basis that the next set of results are good/show promise?

[aleman] 17/6/2016 20:58

Well they've just updated a few weeks before the year end and indicated inline trading so, presumably, the 1.5p final dividend is in the bag. Forecasts for next year seem to be for a slight increase in profit (on the back of the recent acquisition) and a maintained 2.5p dividend. Given one broker forecasta a slight fall in profit and two forecast an increase, it's fair to say forecasts will change a little when full-year results come in, so that 2.5p dividend forecast could well change either way. It seems comfortably covered by earnings but I would like to see what year-end cashflow looks like.

[rickyvader] 17/6/2016 17:59

I would be more than happy if the dividend stayed at its current level.

[freddie ferret] 17/6/2016 17:01

Perhaps a more adult discussion would be:-
What dividends do we expect for next year?

The brokers forecasts are for an increase in profits.

[3rd eye] 17/6/2016 16:48

what, how nasty. you naughty boy.

[freddie ferret] 17/6/2016 16:22

And it is still on a PE of 1.82

[pictureframe] 17/6/2016 12:03

Some concerns :

Working capital is poor , increase on revolving credit drawdown , cash flow from operations way down.

[jbat] 15/6/2016 12:06

1,000p next stop

See how silly this is?

[dlku] 15/6/2016 11:28

10p next stop

[aleman] 15/6/2016 11:14

3 up days in falling markets and now a down day in a rising one in a makes this the 4th consecutive day that DX. has behaved like a hedge against Brexit in a volatile market, interestingly.

[jbat] 14/6/2016 11:35

Brexit would generate about a zillion legal documents. Brexit is bullish for DX!

[aleman] 14/6/2016 10:54

Is Brexit a positive for DX.? Wouldn't Brexit generate loads of new legal paperwork?

[market sniper 3] 08/6/2016 14:13

Are you. Never mind. Time for you yet.

[jbat] 08/6/2016 13:50

I get the feeling that some people round here are using sockpuppets.....

[napoleon 14th] 08/6/2016 13:15

Loverat - you could be right, with market nipper & others in attendance? Who knows.

The TU can only be a +ive, but as tuffymatt says, can also be a means to an end... We've that many directors' buys that more isn't necessary, but it's going to take some solid figures in the next report to prove DX.'s case.

Anyway, BOO says boo to the risks here & doesn't even talk to trolls!
Anyone else in BOO here?

[tuftymatt] 08/6/2016 08:56

DX. released a trading update in July 2014 and then one last November when everything went downhill rapidly.

Now when things looked like they were testing support levels once again out comes another "trading update". It looks planned to me in order to try and support the share price but has no firm substance to it unlike Director buys which show the market far more confidence.

If trading updates came at set times in between full and half year figures I think investors get a better handle on things but when they come out of the blue I think they either bring bad news or are a short term tactical defence tool.

[loverat] 08/6/2016 08:17

Judging by all the noise here there were probably a few folk shorting this. Might recover now that the trading update was O.K.

[market sniper 3] 08/6/2016 07:47

jbat, I dont have to disclose my trading positions to you.

I can give an opinion which I did at the start of my posting here. The fact that you agree that mud slinging should happen just because I have an opposing opinion to you shows what a tiny minded person you are.

Do you go telling everyone how you will be voting in the referendum???.