Dx (group) Share Discussion Threads

[deanroberthunt] 19/11/2015 07:01

I have no (zero) shares, not in the past, not now, not ever..

the UK Mail update has worsened the outlook here.....significantly

[cashmachine2] 18/11/2015 22:51

Dean.The only clear "bargepole" is you sir. Please tell us you've sold your shares at a loss - it's clear for all to see.£42m market cap - imo this is way over done but I'm sure you'll disagree there.

[deanroberthunt] 18/11/2015 20:44

No.

they're both bargepole stocks

[eastbourne1982] 18/11/2015 20:06

dean,

I presume you have been buying UK mail today ?

[deanroberthunt] 18/11/2015 19:08

or they're both heading for administration.

there's clearly far too much capacity, so it'll be survival of the fitest....I don't see either being a bid target....you'd just be buying trouble

[keya5000] 18/11/2015 18:09

No idea how UK Mail can have a market cap of £170m against DX current mcap of £42m.

Seems either one is very much still over priced or the other is oversold.

[masurenguy] 18/11/2015 18:03

There is clearly an industry wide problem here with too much capacity, necessary investment in new automation technology with the associated teething troubles and distribution difficulties. This clearly indicates growing pressure on consolidation and DX could be an imminent target before they actually commence their proposed £35m investment in a new West Midlands hub.

UK Mail unwraps a parcel full of problems

The challenges facing UK Mail were laid bare today as the postal group warned of a “softened” financial performance in the year ahead after revealing it was still struggling with issues in its transport network and new parcel sorting facility. Shares in the independent postal services provider fell by as much as 17% in early trading to its lowest price in almost three years after it said that switching its hub from Birmingham to a £20m fully automated facility in Coventry was still proving challenging. UK Mail warned shareholders to lower their expectations for next year as it admitted that the problems associated with the move had been “more significant than anticipated”.

The group reported an 82% fall in pre-tax profit in the six months to September 30 to £2.2m, which it called “very disappointing”. It also announced it was slashing its interim dividend by 21% to 5.5p per share, down from 7.3p.....In August, shares in UK Mail fell 10% after it posted a profit warning because its new state-of-the-art sorting equipment had struggled to cope with the volume of “irregular-shaped parcels”, forcing it to handle a larger proportion manually incurring extra operating costs. It lowered its pre-tax profit guidance to between £10m and £12m compared with consensus forecasts of more than £20m. UK Mail said its expectations for the current year remain in line with previous guidance.

Complete article:

[prosthetic head] 18/11/2015 14:47

I had a close call with this
Watching closely with reentry at 12p suggested above bydeanroberthunt

[eastbourne1982] 18/11/2015 14:34

dlku,

With regards to your profit warning coming comment, when do you think this will occur ??

The share price has totally collapsed already, of course there could be another warning at some point however I really don't see the point in your comment at the current moment in time, it is just scaremongering on your part to satisfy your strange needs.

At the end of the day you have no idea whatsoever if another warning is on it's way or not.

[alex turner] 18/11/2015 13:05

The rodentlover is not set to see next year out.....

[dlku] 18/11/2015 12:43

one more warning coming here


something has spooked the instis wonder what they know

[dalailama] 18/11/2015 12:29

Picked up some DX. at 27p on that fall last week - another mistake so far!

[sportbilly1976] 18/11/2015 11:57

Looking for a trading range for this to settle into now - this is my estimate



anything below here (please note this is only up to the close yesterday) and I'd be wary of further falls.

A rise over 25p now needed for longs to return imo

[dlku] 18/11/2015 11:19

chance of a second warning

[ramas] 18/11/2015 11:18

Good points tufty and I agree, there also lies the opportunity for turnaround in dx and in the meantime collect 10% dividend as per trading statement, post is a big time business as we all buy via the Internet, what we do need is some sign that dx are capable of transforming to take advantage

[deanroberthunt] 18/11/2015 11:06

Luv u Loverat....

[tuftymatt] 18/11/2015 10:50

UKM have messed up with their new hub and DX have messed up this year with their existing customer base.

DPD are cleaning up in this sector because they offer the best technology, customer service, pricing structure and locations at national and local level. £100m spent at hub 4 proves that and they basically can pick and choose how they fill it.

DX can't match that as they are weak where the freight side of things are concerned and are losing out in the small, more traditional end of the market.

City Link last Christmas should have been a wake up call for UKM and DX. but they both failed to see that what they thought would be a blessing would turn out to be a short term major kick in the bo....ks.

[riyazpatel] 18/11/2015 10:38

Anybody here for a quick trade may not see it fit a while. Reading around medium term this will be fine. Anybody know much about the relationship between Dx and bybox? I know they sold a part of it

[jackbal] 18/11/2015 10:33

CM2 - re your communications with the company. How confident will you remain in the chairman's comments if he doesn't purchase stock at these levels. I reckon its just lip service if he (actually one person alone may have mitigating circumstances) or not one other Board member does: Another smash n grab flotation.
Im still in but this is not behaving like a stock which was oversold on Friday.

[loverat] 18/11/2015 10:26

Perhaps I should set up an e-mail alert for every time Deanroberthunt changes stance on this stock.

[deanroberthunt] 18/11/2015 10:20

what you know or think you know is irrelevant.

[cashmachine2] 18/11/2015 10:18

Stick to the facts Dean, you don't know they won't. As your stance seems to have changed again, I'm guessing you sold at a loss?? Hope so.

[deanroberthunt] 18/11/2015 10:17

you'll be waiting a long time.....

[jackbal] 18/11/2015 10:15

Still waiting for at least one of the BOD to put their hand in their pocket. Reckon the silence is a bit deafening right now