Dx (group) Share Discussion Threads

[funkmasterp12] 24/3/2014 17:09

Yep, I see a lot of potential here and I'm holding a long position. Attractive PE, very attractive potential yield if Dividend forecasts are to be believed and a well-established name in a very competitive field.

Only flaw for me is that the Balance sheet isn't the strongest but you almost have to ignore that now after the IPO as it's clearly all change.

Having Bob Mears involved is the icing on the cake too. Big fan of his work at Mears and Inspired Energy.

[bigboyo] 24/3/2014 15:49

Interesting results ... debt situation very clear and with low gearing there is significant room for a progressive dividend policy

[el1te] 11/3/2014 08:09

Sailor Steve - I can reassure you that none of the excel files have malware on! If your security system has picked up any 'warnings', it is probably due to macros on the spreadsheet - it draws information from a lot of online sources.

If you have genuinely found a malware, do you mind posting a screenshot? I clearly don't want them to be there if there are? Each of the spreadsheets has been downloaded hundreds of times though and there haven't been any reports of malware.

Cheers, El1te

[sailor steve] 10/3/2014 17:54

WARNING!! Elite has malware infected downloadable Excel files - AVOID!!

[el1te] 02/3/2014 23:38

DX Group - Delivering on AIM

New write-up on DX available below. Feel free to sign up to free email updates via the right hand sidebar and leave comments on the article



Good Luck with your investments

El1te

[simon gordon] 28/2/2014 20:01

Edison -28/2/14:

DX Group provides investors with access to a business that has a greater exposure to the growing parcels and logistics segment than its nearest quoted peers. It also has a strategy to expand its share through the recent acquisition of Nightfreight (renamed DX Freight). With opportunities to drive shareholder value from top-line growth and operational improvement, the first day closing price of 129p provides an attractive valuation point of 12.2x CY14 EPS and 7.9x EV/EBITDA, with a dividend yield approaching 5%.

[funkmasterp12] 28/2/2014 12:43

I'm in - Bob Holt has done wonders with INSE (my largest hold) and all looks good here at these levels.

[hydrus] 27/2/2014 22:20

Liquid millionaire how did you participate in the IPO? With HL and managed to pay 135p first thing. Doh.

[sailor steve] 27/2/2014 14:06

At 130p the prospective yield is a bit under 5%. A solid, respected business. No reason to sell, private investors largely cut out from the IPO so few stags - that is clear from today's trading, I am very happy with my purchase at just under 130p this morning, a long term hold with a good yield.

[big_cat] 27/2/2014 13:19

Disappointed with the premium. With the order book scaled back significantly, I was expecting a premium of 50p plus.

I suspect that the institutional shareholders are waiting for the stags to get out before they start buying in big numbers.

At 130p i see them as a strong buy. But as always DYOR.

[mustau] 27/2/2014 13:10

Steg,

Seems I was'nt that far behind.

[stegrego] 27/2/2014 11:21

How do you chaps get the shares from the IPO?

[currypasty] 27/2/2014 11:12

but what if they do a royal mail, and just keep going and going

who cares, flogged mine too...lol

[liquid millionaire] 27/2/2014 10:52

Yup CURRYPASTY and already flogged mine!

[currypasty] 27/2/2014 09:45

placing scaled back to 18%

[bigboyo] 27/2/2014 09:11

Or even Royal Mail !

[mustau] 27/2/2014 08:16

Just taken a few, hopefully can replicate uk mail.

[stegrego] 27/2/2014 08:15

Bought a few and appear to have paid the highest price to date..... thanks to Hargreaves Pantsdown being so on the ball....

[stegrego] 27/2/2014 07:40

The Company has successfully raised approximately £200.5 million via the placing of 200,525,300 million ordinary shares with institutional and other investors at a placing price of 100 pence per ordinary share (the 'Placing'). DX's market capitalisation on Admission, based on the placing price, is approximately £200.5 million. As part of the Placing certain members of the DX management, including David Hoare, Petar Cvetkovic and Ian Pain, are reinvesting their current equity interests and will own approximately 3.64% of DX after Admission.

Zeus Capital Limited is acting as Nominated Adviser and Sole Broker to DX.

DX's TIDM Code is "DX." and its ISIN number is GB00BJTCG679.

Petar Cvetkovic, Chief Executive Officer of DX commented:

"We are delighted to launch as a public company today, and are particularly pleased with the strong show of support from institutional investors which is testament to our future prospects. The successful completion of this transaction enables us to continue to focus on market leading Customer service and growing the DX brand."

The Company's Admission Document can be found at: