Dx (group) Share Discussion Threads

[s34icknote] 07/2/2017 08:09

Is it worth buying ?At what level ?

[trickster1] 07/2/2017 08:03

4p coming?

[funkmasterp12] 07/2/2017 07:33

Yes, I feel sorry for holders but at the same time this dog needs putting down now. What a disaster.

[spectoacc] 07/2/2017 07:23

Bears 1, bulls 0. Sorry to holders.

[mrbridgeruk] 07/2/2017 07:07

I don't think news gets much worse than that.

[mrbridgeruk] 07/2/2017 07:06

DX (Group) plc("DX" or "the Company" or "the Group")Trading UpdateDX, the independent parcels, mail and logistics operator, provides an update on current trading for the financial year to 30 June 2017.The challenging trading conditions referred to in the Company's update on 22 November 2016 are continuing, including pressure on pricing. The business has also continued to experience margin erosion from the ongoing change in revenue mix. While there has been strong momentum and wins in the Logistics business, the expected growth in higher margin revenue from our DX Courier and Freight activities has not come through, impacting profitability due to the fixed cost nature of this network. In addition, we have not seen the DX Secure volume growth that we achieved last year. The integration of five sites into one, part of the OneDX programme, has experienced some short term operational issues, resulting in temporary higher costs, although we are still confident about both the medium and long term benefits of this programme.In the light of these issues, the Board has reviewed its expectations of the Group's performance and while material new contracts are now being implemented and the Company's pipeline of new business opportunities is robust, it now anticipates that profits for the year will be significantly below current market forecasts, with net debt consequently higher than expected. It has also taken the decision not to pay any dividends for the foreseeable future and has commenced a wide-ranging review of the Company's operations with a view to driving revenues and improving its financial performance.

[reallyrich] 06/2/2017 18:01

you soon will have after this gets taken over!!!

wishful thinking

[anthonyspencer1] 06/2/2017 17:51

Hmmm. Richie he is a footballer in the US. Like your David Beckham. I'm not really him. Although I wish I had his cash.

[reallyrich] 06/2/2017 07:36

Lol with a name like Anthony Spencer I am sure your first language is English. Anyway no issues.

All the best

[skinny] 04/2/2017 10:43

Interims due on 1st March.

[anthonyspencer1] 04/2/2017 10:25

Thanking you. English not my first language

[reallyrich] 03/2/2017 05:04

Imply is the word you are looking for Anthony

[freddie ferret] 02/2/2017 19:42

Needs a professional to comment on that.

[anthonyspencer1] 01/2/2017 15:33

True but what does that implie

[freddie ferret] 01/2/2017 14:54

Over the last couple of days there have been funny things going on with the spread IMHO.

[anthonyspencer1] 31/1/2017 21:33

Funding of new hub 3rd party with 25 year lease.

[anthonyspencer1] 31/1/2017 21:11

16/01000/ful is the new application

[rickyvader] 31/1/2017 18:25

Larva this is not an appeal but a revised scheme to take into account the reasons for the previous refusal.

[tuftymatt] 31/1/2017 07:48

IMHO the planning application will go through this time.

That's a positive but the big question in my mind is what will they fill it with once it's built??

[larva] 31/1/2017 07:00

Net debt at 30 June 2016 stood at £9.8 million (2015: £1.8 million), which is equivalent to 54% of EBITDA (2015: 5%).


Should cut the dividend really

[larva] 31/1/2017 06:56

South Staffordshire Councillor David Clifft, who represents Essington, said: "We expected it (the appeal) was going to come but I am not concerned.

"I welcome it. Our arguments against it at the time were ironclad.

"I look forward to putting the arguments forward again to the planning inspector and am confident the appeal will be dismissed."


The only way it gets approved if it is small 11 acres and ineffective.

[rickyvader] 31/1/2017 02:05

If the reasons for the previous planning refusal have been met than I would expect this to be approved. A planning consultant should of been working with the council to reach a compromise which I believe this is.The phase 2 building always looked like an add on just to see if it could get permission and the original proposal had virtually no Information on landscaping.Do we know what the finance ideas are to build it? Commercial mortgage maybe ? Either way I like the fact they are planning for a big future.