Dx (group) Share Discussion Threads

[sharesoc] 13/3/2020 17:45

The DX presentation from our recent London company seminar can be found in our members area here:

To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here:

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[chrisdgb] 10/3/2020 10:12

Shame the timing of results, let us hope we build in time......

[sharesoc] 05/3/2020 18:53

Potential investors and current shareholders of DX Group might be interested in attending our Birmingham seminar on the 17th March where they will be presenting. More details here:

[chrisdgb] 04/3/2020 09:44

Results look OK, happy to see another broker to lift the profile......

[fenners66] 03/3/2020 11:48

Agreed Mortimer7 another new way to add spin to an already convoluted spin reporting world.

So who thinks they made a profit ?

And that's the point they now are calling the effective Stat results an "Adjusted Loss "

I wish all companies would quit the BS spin headlines and tell it like it is....

General trend may be getting better - BUT it's still losing money.

[mortimer7] 03/3/2020 10:17

Not much share price response to todays interims, which seem OK.

Don't like the numbers being presented with 2 versions throughout todays release (IFRS 16 & IAS17). It just makes me think they're distracting attention from something, which I'm sure they're not. Or are they?

[chrisdgb] 27/2/2020 11:55

Looks interesting here I think, taken small position but look forward to interims next week..

[rutej mehta] 27/2/2020 09:54

Interim results out on 3rd March. Looking forward to seeing further progress on the turnaround, especially off the back of the recent positive trading update.

[sharesoc] 26/2/2020 23:10

DX Group present at our Birmingham seminar on the 17th March. More details here:

[stemis] 04/2/2020 12:58

Yes, another decent update. Full year forecast is an ebitda of £7.7m, so currently trading on 9.8 x 2020 forecast, falling to 6.5 in 2021 and 4.4 in 2022.

If everything goes well I can certainly see this being taken over for at least 30p in a couple of years

[my retirement fund] 04/2/2020 08:45

Looking good, Fincap: We believe that the free cash flow potential post turnaround will support a significantly higher share price.

edit they think it could be worth 30p 2022

[stemis] 30/1/2020 09:38

I think it's probably a bit early for that. Net debt is pretty low at £1.3m and they have invoice discounting facilities of £20m. However they are also undertaking a 3 year program of investment upgrading IT, property and operational systems.

[ricgeo] 30/1/2020 07:09

Thanks would be good to know if results are good enough to start considering dividends again?

[stemis] 29/1/2020 20:42

Last year we had a trading statement on 4th Feb and the interims on 5th March.

They should have management accounts for December now (half year is 31 December) so should pretty much know the interim results. Here's what they said after 4 months:-

Group trading in the first four months of the new financial year shows a stepped improvement over the same period last year

Last year was an EBITDA loss of £2.5m and a LBT of £5.3m. Results are H2 weighted and last year H2 was EBITDA of £5.8m and PBT of £3.7m.

[ricgeo] 29/1/2020 19:02

Anyone know when the next update is due?

[my retirement fund] 22/1/2020 13:23

Must admit Tempted to buy here!

[effortless cool] 20/1/2020 13:01

Quiet, too.

[my retirement fund] 20/1/2020 12:34

Quite here

[stemis] 19/12/2019 16:30

Thanks for that. I don't disagree with the article but to be fair you are talking your own book a little as you're an analyst with Gatemore who own 36% of DX.

However what is true is that management have a pile of options which vest from 12.5p, so at 11.9p they are massively incentivised to get the price up from here.

Although the ebitda of DX is only £3.3m compared to a market cap of £68.3m, the Express Division makes an ebitda of £26.9m and must be worth double the market cap. If they can get the Freight Division into profit then I'm guessing a sale could get us up to 40p when all of managements incentives vest. With Gatemore and management owning close to 50% that should be pretty easy to deliver.

[rutej mehta] 10/12/2019 14:26

DX Group: A Tale Untold -- check out the article and analysis here:

[ricgeo] 28/11/2019 18:03

All sounded very positive. In profit, can't wait for next trading update in March!

[value viper] 24/11/2019 21:32

AGM this Thursday will likely give brief trading update ?

[ricgeo] 24/11/2019 19:37

Views on Share Value still tipped for 18p but down at 12p??Let's hope for interim dividend now delivering profit.

[value viper] 31/10/2019 11:01

Another 431k bought at a premiumSomeone is very keen

[value viper] 31/10/2019 10:03

1 million shares just bought