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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 2951 to 2974 of 3150 messages
Chat Pages: 126  125  124  123  122  121  120  119  118  117  116  115  Older
DateSubjectAuthorDiscuss
26/10/2022
14:30
Well since the share price has turned , I thought perhaps I ought to take a closer look at the last accounts.

Profit for period £3m same as period last year
EPS same as period last year

Gross margin 2.8% -unchanged

Turnover up 10.6% yr on yr

Current assets excl cash (Trade debtors?) up 16.3% so much more than turnover

Provisions (for bad debt?) up £0.8M or 40%

The "adjusted figures" includes £0.8M of exceptionals - that I get , but the other items
look permanent "Share based payments"

Finance cost is up and there is a forecast of more capex and dividends to come.

So despite the headline of growth the rest of the results don't live up.

Inflation ? Energy costs and pay rises to come ?
Slow down in retail so less freight deliveries ?

I think there may well be a short term jump in the share price - was that it so far?
But looking deeper at the fundamentals I don't see the sparkling case for growth .

fenners66
26/10/2022
14:29
Way too many selling to get involved yet

will wait for more upwards movement

forrest1987
26/10/2022
14:00
To be fair there was a seller about at 21p this morning. I am not worried about them. It only distracts from the real value of the company. 30p coming, what happens then depends on what the directors decide to do.
wallywoo
26/10/2022
13:58
Few dumping here, looks like a classic pump maybe
forrest1987
26/10/2022
13:31
Seller about at this level

Need to clear him

forrest1987
26/10/2022
12:58
50p is more realistic and possible.
nigelpm
26/10/2022
12:57
£500m is 87p. I think we'd all take that...lol
stemis
26/10/2022
12:55
I've always believed the end game for DX. would be a takeover and certainly Gatemore and, no doubt, Dunn now would be a seller for the right price. That's 30% in the bag for starters with 4 other institutions (Lombard Odier, Schroder, Ruffer and AXA) holding another 21%, so it's not hard to deliver. Not sure now is a great time though...
stemis
26/10/2022
12:52
Mark Hammond - the former Tuffnells Bank Man pre connect
ls24
26/10/2022
12:36
I really don't expect DX to be independent for much longer. The logistics sector is rife with acquisition activity, despite the general market downturn.


The only question remains, how much will others be prepared to pay!! I had a look through Clipper logistics accounts last night. Quite similar to DX in many ways. They had a bumper year 2021, and had a few European depots but really not much bigger than DX. £945m was the buyout price. I would take £500m here!!!

wallywoo
26/10/2022
12:24
Not really a surprise that Series is under pressure. There was an article over 3 weeks ago in the IC on the very subject.

https://www.investorschronicle.co.uk/news/2022/10/03/dx-chair-must-go-says-shareholder/

stemis
26/10/2022
12:15
Should be North of 40p on yield alone etc etc etc...DYOR
qs99
26/10/2022
12:15
Cracking announcement and v. upbeat IMO
qs99
26/10/2022
12:13
Full offer being paid now....goodbye Chairman will help open it up to be sold IMO! DYOR
qs99
26/10/2022
12:09
Gatemore requisitions EGM to replace Chairman of DX Group!

https://www.investegate.co.uk/gatemore-capital-mgt/rns/gatemore-requisitions-egm-for-dx-group/202210261237362153E/

tanneg
26/10/2022
11:47
Agreed WW and thanks SteMis for reiterating forecasts and cash expectations....DYOR and a long way to go, but if stays undervalued (which I believe it is) then pe firms will take it out...DYOR
qs99
26/10/2022
11:14
Lol, love the fear and greed emotions playing out. Monday and Tuesday (when I was happily buying), no one was touching this. Today whosh!!!Imo, this will be over 30p in a month or 2.
wallywoo
26/10/2022
11:03
It looks like that 3.5m sell has finally cleared an overhang.
effortless cool
26/10/2022
10:44
Decent volume for a change, could be the start of the rerate, fingers crossed
mdw1
25/10/2022
21:04
Would also expect them to clear their forecast with the company first. I believe Liberum are also forecasting EPS 3.4p for 2023 although I don't have access to their research note.

Forecasts are only forecasts of course.

stemis
25/10/2022
20:30
Finncap are the company broker however so would expect a pretty bullish outlook.
nigelpm
25/10/2022
13:12
FinnCap research note. Adjusted EPS of 2.8p for y/e 30.6.2022, 3.4p for 2023 and 4.0p for 2024. Dividend of 1.5p for 2023 and 1.7p for 2024. Net cash £27m 2022, £40.6m 2023 and £54.5m 2024.

£27m is 4.7p a share. So an 2022 (which ended in June) ex cash P/E of 6.0. If they hit their numbers for 2023 that falls to 4.2 for 2023.

stemis
25/10/2022
12:31
The shares were suspended for nearly 11 months. There's bound to be some overhang, especially in poor markets where everyone is running to cash. Also without a CEO currently, adds to the uncertainty.


However, "where's There's muck There's brass". £27m cash in July, probably above £35m now. And don't forget Clipper logistics buyout from a US company. DX is a bargain in comparison with a much better exchange rate.


I think this will be one that goes quiet then rockets!!! That's why I am adding steadily from 22p down.

wallywoo
25/10/2022
12:14
Market does not seem to believe the story.
Is that because they sense a fine coming ?

fenners66
Chat Pages: 126  125  124  123  122  121  120  119  118  117  116  115  Older
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