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Share Name Share Symbol Market Type Share ISIN Share Description
Dx (group) Plc LSE:DX. London Ordinary Share GB00BJTCG679 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.70 2.41% 29.70 29.00 29.50 29.25 29.00 29.00 1,204,614 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 382.1 10.6 2.7 11.0 170

Dx (group) Share Discussion Threads

Showing 2926 to 2947 of 3150 messages
Chat Pages: 126  125  124  123  122  121  120  119  118  117  116  115  Older
DateSubjectAuthorDiscuss
25/10/2022
12:03
good staff is harder than ever to find

tiger

castleford tiger
24/10/2022
13:39
The beauty about opening new depots is you recruit from new areas
ls24
23/10/2022
11:00
Only real problem here ....From boys on the ground They are struggling for drivers .. and reliable drivers to keep turning up ! Most depots ....So i imagine all companies in this sector are suffering same.
amaretto1
23/10/2022
10:41
well said Wallywoo
qs99
22/10/2022
07:02
We don't have the audited accounts for fy 22, but we do know that revenue was around £425m, with £27m cash on the balance sheet. 1.5p dividend this year will cost them around £9m, that looks very sustainable for a company generating over £10m cash every 6 months and growing at 11% per annum.


In deed since that trading statement in early July, they have stated that FY figures will be even better than that. They also said they expected 2023 to carry on with growth and confirmed that in the figures last month. They also stated that 12 new depots were planned for 2023 /24 (added to the 85 existing ones - many being extended, 2 new just opened last month). That looks like good growth to me.


To me this looks like a great opportunity at this price. They should benefit from Royal Mail strikes imo, and having a large cash balance during increasing interest rates should also give them a advantage.

One final note Clipper Logistics were taken over in January 22, by a US company. They had a £500m turnover and were bgt for £920m. With the US $ exchange rate you would not bet against that happening again!!


All IMHO

wallywoo
21/10/2022
19:04
Up to 3 weeks ago we had a pretty good idea

Trading in H2 (i.e up to end of June 2022) was strong and FY 2022 results are expected to be significantly ahead of previous management targets (as announced on 7 July 2022)

Trading in FY 2023 to date (i.e. 28 September 2022) is in line with management expectations, and Group remains well-positioned for further progress despite economic headwinds

stemis
21/10/2022
18:41
Lots of unknowns here, for example how much fuel costs and increased drivers wages have hammered the business in the current year.
my retirement fund
21/10/2022
15:38
I think this has yet to be noticed since only trading a few days.


All we know now is that trading up until Jan 22, generated over £10m in cash with a £14.5m net cash position.


They say trading was very strong up to July 22, and net cash has risen to over £27m (ie 20% of market cap is cash, and growing at well over £10m every 6 months).


With full year results next month and H1 23 mostly completed, this is looking cheap cheap cheap.


1.5p dividend for this year, share buybacks to start anytime soon. Bargain imho. Have bgt in today.

wallywoo
20/10/2022
07:17
Next new news likely November as per RNS, until then we will see if any instis (or others) accumulate and who may have sold. Also whether tipsters will see this as value. DYOR
qs99
20/10/2022
05:48
then I guess never is your answer. Good luck in your other investments
babbler
19/10/2022
19:48
What price would I invest again? When we have audited full year accounts from a board which includes a reputable Chairman, CEO and non-execs we can trust and a committed ex-div date for 1.5p, well last time I gambled at 19p. Until then not above 10p, or never.
marktime1231
19/10/2022
19:33
OK marktime, explain the current results please and how you see this valued? Or are the figures made up (despite being a new credible auditor)? Gatemore sent director in to help resolve things, job done move on, they are not an active (i.e. board seats) sort of investor are they.
qs99
19/10/2022
19:24
No surprise a huge offload, down under 20p first thing, someone sold off nearly £1M in one go. Wonder if there was organised buying to get it back to 24p and hold it there. Lots of corporate-sized trades. The rns disclosures to follow.

Presumably the nothing-to-really-worry-about gang grabbing a bargain this morning. Ron Series the exec Chairman who oversaw the shambles somehow still running the show, dangling a future dividend of the sort we used to get 6 years ago. Was he a buyer today to impress those open to persuasion?

Implausible that Gatemore have willingly given up their board seat because they are now happy to be arms length, if they intend to keep a 20% stake surely they should want to stay in the boardroom and participate in things like discussing dividends, choosing a new CEO etc.

marktime1231
19/10/2022
15:22
Indeed mate, agreed, now being walked up at the end of the day by MMs, wonder if IR team / Board will get this tipped in a few places given broker TP and current trading! DYOR
qs99
19/10/2022
15:18
There will be stale holders that just want out and these need to be worked through before share price reflects trading
stemis
19/10/2022
15:09
Its been suspended for nearly a year, I'm not surprised many want to just sell to get cash, but nuts IMO given trading update and EV/EBITDA levels and promise of yield into 2023. DYOR
qs99
19/10/2022
14:44
I'm not going to deny I'm slightly surprised at weakness - had expected the initial fall but given trading statements and other the business has fundamentally improved since suspension started.
nigelpm
19/10/2022
14:10
MarkTime From HY accounts : progressive dividend policy to commence in FY 2023; with dividends expected to amount to 1.5p per ordinary share for the year, paid approximately on a one-third: two thirds basis
lookagain
19/10/2022
12:27
And they talked of a share buy-back....
qs99
19/10/2022
12:26
Worthwhile remembering the half year results:

Net cash c.£15m

EBITDA c.£19.4m

"significantly ahead" statement.

So c.£40m EBITDA for full year do we think? With Net cash improved?

Market cap c.£140m so could be soon EV/EBITDA of UNDER 3.....with yield.

Sitting target IMO.....

DYOR

qs99
19/10/2022
12:24
Well said SteMiS
qs99
19/10/2022
11:58
Spot on SteMIS
solarno lopez
Chat Pages: 126  125  124  123  122  121  120  119  118  117  116  115  Older
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