Dx (group) Share Discussion Threads

[pictureframe] 11/8/2016 11:54

Volume way up and a few 100k buys

[pictureframe] 11/8/2016 09:57

Leaky leak leak my thinks.

[pictureframe] 09/8/2016 14:01

Moving up.

[mortimer7] 09/8/2016 09:59

Your trade is on ISDX

[pictureframe] 09/8/2016 09:45

Funny my trade isn't showing yet

[pictureframe] 09/8/2016 09:43

I asked that , no its increase in delivery volume.

[joe say] 09/8/2016 09:41

Manic - because they're short of drivers

[pictureframe] 09/8/2016 09:20

Ok took a small initial stake of 22k shares

[pictureframe] 09/8/2016 09:19

Thinking this might be a good time to buy a stake in this. Historically at lows, very much off the radar. I have had two items delivered this week both by DX and asked the drivers if they are busy. Manic was the reply I got.

Still very much high risk but there must have been a big uplift in the solictors network due to Brexit.

[wskill] 25/7/2016 15:55

A bit more about the fund buying.



Citywire A-rated deep value specialist Alex Wright has upped his stake in courier and delivery business DX Group (DXDX) as it continues to limp lower after a profit warning cratered its share price.

Wright increased his stake to 10% of the company worth £2.9 million at a share price of 14.5p, down more than 82% over the last 12 months.

The shares are primarily held by his £494 million Fidelity Special Values investment trust with a smaller stake held in his £347 million UK Smaller Companies fund, co-managed with A-rated Jonathan Winton.

DX plunged 70% in a single day last November after it warned that profits would be ‘significantly’ lower than forecast due to ‘intense’; price pressure in its parcel delivery market. It also cut its full-year dividend – previously one of the most compelling reasons to hold the stock - 58% to 2.5p.

Analysts rate the company a ‘hold’ by a ratio of two-to-one, on a median price target of 20.9p.

[mortimer7] 20/7/2016 18:28

Fidelity holding gone over 10%, bit more reassurance...

[jbat] 14/7/2016 11:28

This is good. They will sweeten the deal on the hub, make some compromises, and hopefully get it through this time.

[speedsgh] 14/7/2016 10:38

More uncertainty in the short term re HMPO contract which is up for tender...

From the Final Results (21/9/15) -
"Her Majesty's Passport Office ('HMPO') is a major customer as DX Secure has the exclusive contract for the national delivery of all UK passports."
"As previously reported, HMPO also extended our current three year contract for a further year to July 2016. The good growth in DX Secure more than offset the ongoing decline in volumes at DX Exchange."

From today's Trading Update -
"Regarding its contract with HMPO, the Company is pleased to confirm that the tender process is now underway with the outcome expected by October."

[mortimer7] 14/7/2016 09:33

A timely update this morning. Confirming trading in line with expectations for year ending 30th June 2016 - so no bad news.
Also proceeding with an appeal of the planning decision.
Results mid September.

[tuftymatt] 06/7/2016 08:58

I agree that you could argue it's bad luck on both those fronts but what doesn't come down to luck is how you position your business to profit from your core day to day activity.

[pictureframe] 05/7/2016 14:13

Jeez the company has no luck , plan permission rejected and now being investigated by cma

[tjbird] 05/7/2016 09:07

Wont last to christmas i dont think, these kinds of busineses go pop at Christmas

[tuftymatt] 27/6/2016 15:19

DX apply a fuel surcharge linked to the AA's guide meaning customers pay for most of the fuel costs anyway.

[she-ra] 27/6/2016 14:24

If petrol prices do drop as you suggest competition will mean customers will want those savings passed onto themselves. The real issue here is whether a recession will lower demand for DX services. I think it will.

[aleman] 27/6/2016 10:59

All this talk of In/Out, Partly In/Out, breaking up the Union, uniting Ireland, partly altering everything with loads of oppostion and legal challenge on the way. It strikes me that DX. look to be in a no lose situation. There is going to be much legal paperwork whichever way it turns out. Any econmoic slowdown which reduces recent pressure on wages and petrol prices might even help.

[aleman] 24/6/2016 18:22

True. The £ has hung around $1.43 in recent months. It's now $1.37, a fall of 5%. That would add less than 2p to a litre of petrol ,compared to the 8p that the rising price of oil has added to a litre of petrol so far this year - but Brexxit has weakened the price of oil so the net increasae might be more like 1p.

Yes, drivers COULD face higher petrol costs due to Brexit ... but it might not be enough to justify any increase.