Business Direct Share Discussion Threads

[dibbs] 13/12/2005 13:55

Villa. The statement yesterday contained some positive points. I think that if you take a longterm view BDG may come back. The market is looking shorter term, possible fund raising etc pulling BDG down.
You would think that once the exchanges are rolled out fully, and with customers signing up healthy profits should be achievable.
Near term looks like more pain.

Good luck

Dibbs

[cambium] 12/12/2005 12:00

sorry to hear villa

[villa3] 12/12/2005 10:01

english1 hope you are right,i invested very heavily last year at its height of £1.00 (was given a tip)dont do much investing nor know ins and outs of bdg,do you or any other raders think ill get my money back,no harsh replies please as im hurting bad already

[kdwilson] 12/12/2005 09:53

ooops - will now be short of cash...now another fund raising at a big discount to this price which will drag teh shares down even further when that happens!! I may chop mine and buy back after the fund raising as this now owes me serious money!!

[english1] 01/12/2005 12:08

I've also been quietly watching this one. Huge fluctuations on very low volume. A little bit of good news will send this quickly backup.

[scottie01] 23/11/2005 07:40

welcome aboard jgoold,it doesn't take much volume to move this,either way!!hopefully if no more bad news this could rise quite quickly over the next couple of months;-)

[jgoold] 22/11/2005 17:41

Dibbs

I had it on my radar for a while. Apparantly was tipped on Watshot this week. Feeling flush after VOG and MXP and this helped push me over the line.

Good luck

[dibbs] 22/11/2005 13:20

jgoold, Not much life here! May I ask what made you buy today? just that we seem to have more activity than usual. Has there been a brokers note or such today? They look cheap now, just hope that all future news is positive.

Good luck

Dibbs

[jgoold] 22/11/2005 11:15

Anyone still in this? I'd looked at it on the way down when it was in the 70s and decided to dip my toe today.

[latifs100] 12/8/2005 14:34

any cash and debt levels pls

[dibbs] 20/6/2005 23:07

Interesting move up today, long overdue after the massive spike and drift down on very low volume. If the critical mass of this company does grow as forecast then earnings should support a future move up. This company is totally overlooked and providing a time and cost saving solution to the increasingly stretched logistics world. Great prospects and possible takeover target once parcelXchanges are fully rolled out.

[dibbs] 25/5/2005 22:09

BDG now very oversold, low investor profile and price finding support, starting to look like a buy again IMO.

[day_dreamer] 22/4/2005 11:02

So i assume this stock moves about on no trade at all :-))

Gravy

[day_dreamer] 21/4/2005 19:47

Great site this has become..everybody is non sociable because
nobody is making any money !

A little info on this stock trading patterns would be helpful.
From putting it on my monitor today it has finished 65-67p from
60-65p without even a single trade !

Gravy

[day_dreamer] 21/4/2005 15:49

How long are trades delayed in this one ?

Note the spread has closed from 60-65p to 64-65p this pm.

Gravy

[rat trapper] 26/3/2005 23:37

lol Mrba5hir.

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[dr agon] 26/3/2005 22:41

well done badday,good call mate!

[badday] 26/3/2005 21:48

dr agon, yep, i sold out too. May regret it in two or three years time, but a 60% profit in a matter of weeks was too good to resist.

[dr agon] 26/3/2005 14:49

prat trapper

funny enough i made a nice profit on this one,65p-100p and sold out!

lol!

[lasata] 21/3/2005 21:30

Tip Update: Business Direct delivers further progress

Published: March 2005
By Graeme Davies, Investment Correspondent

Logistics technology outfit Business Direct Group has made solid progress in its opening months as a quoted company, justifying the 100% surge in its share price since Citywire tipped it last month.

The £30 million company increased its turnover by £500,000 to £3.77 million and gross profits from £903,000 to £1.12 million although heftier administrative costs pushed losses from £325,000 to £1.05 million.

Its shares are unchanged at 99.5p, Citywire tipped the company at 50.5p in early February.

Chief executive Tim Houston told Citywire: 'Its all going according to plan, we are building up our sales force all the time and the box, software and operations are all going absolutely according to plan.'

Business Direct has developed technology that allows it to leave 'intelligent lockers' on various sites around the country to which it delivers parts requested by field engineers overnight in time for collection the following morning.

Its Softlocker system alerts the engineer by text when the requested part has arrived, and the engineer then goes to collect the part from a ParcelXchange with an ATM-style card, which ensures security and real-time acknowledgement that the part has been collected.

By the end of 2004 there were 195 ParcelXchanges around the UK totalling 2,600 lockers, up from 2,300 at the time of its float in August. A further 500 ParcelXchanges have been ordered and management intends to install 30 a month going forward. It believes 250 ParcelXchanges will give it critical mass and beyond that it will fill in the gaps, there are also plans to expand the systems into Ireland and the Benelux countries.

Since floating the company has acquired Concord Couriers, which gives it a bigger infrastructure, two call centres and four depots as well as customers such as Xerox, Computacenter and Cable & Wireless. Earlier this month it bought Esprit In-Night Express from ANC Limited which also delivers to engineers over night, thus removing a competitor and opening up its potential customer base further. The deal also gives Business Direct an extra 800 drops a night.

The company has £2.2 million of its £3 million banking facility unused and Houston intends to make more acquisitions this year.

Business Direct intends to continue growing rapidly this year and beyond with expansion into Europe once critical mass is achieved in the UK, where the market is thought to be worth £100 million a year. It will move into Northern Ireland this month, the rest of Ireland before the end of the year and possibly the Benelux before 2005 is out.

Brokers remain positive on Business Direct with Daniel Stewart reiterating its hold recommendation and upgrading its forecasts. It has increased its profit forecasts for 2005 from £1.05 million to £1.36 million and for 2006 from £2.2 million to £3.2 million and says it envisages upgrading its forecasts further.

Citywire Verdict:

Citywire tipped Business Direct as a long term buy in February and we retain our faith in the company and its growth prospects. Investors who have enjoyed the 100% rise since our tip may be tempted to cash in some profits but hold on to a residual stake for the long term.

[753690] 11/3/2005 17:05

Nice to see we are just over 100p - could be a good week coming up! 75

[english1] 10/3/2005 12:12

Couple of large buys (50K + 30K) going through this morning. Wouldn't surprise me to see this tick up again this afternoon. Been watching this for a week or so now. Looking for good things on 21/03/05.

[dr agon] 09/3/2005 18:31

badday

but aint it nice to be in b4 the herd!!

regards

[badday] 09/3/2005 17:46

Amazing that there's absolutely zero interest in this company.
Results next week might provoke a little comment?