Dx (group) Share Discussion Threads

[nigelpm] 13/5/2021 19:59

Insane that the price barely moved today - as others have been saying depot expansion and big capex spend only tend to happen when things are going well. I think we'll see a bidder here - it's simply too cheap as Stemis notes.

[solarno lopez] 13/5/2021 14:19

Dividend or capital growth ?

[stemis] 13/5/2021 14:08

With all the investment taking place I don't see a meaningful dividend any time soon. My view is also that this will eventually end in a trade sale. How much is anyone's guess but at the moment I would guess (and it is) around 60-80p. Any deal would be agreed so unlikely to see a 'predator' stake build. Just my opinion of course...

[marktime1231] 13/5/2021 13:44

Another impressive but infuriating trading update from DX, no mention of dividends for long suffering investors they are using the cash surplus to return covid furlough payments. The "turning around" to "building profitability" has been such a strung out story, I get the feeling DX will be for sale rather than become a long term income investment again. No room for it in my ISA income portfolio, took profits on a speculative stake after the last update.

Too soon?

How far might this go, what is DX worth to someone else? Gatemore and Lloyd Dunn hold around 35% between them but lots of small investors so if a predator is stakebuilding we would have seen it in the volumes. Trade sale to ...?

[cheshire man] 13/5/2021 08:47

"significantly exceed existing market expectations" Music to my ears :-)

[jltaylor1001] 13/5/2021 08:47

Yeah, market headwind suppressing 40p today

[paulisi] 13/5/2021 07:15

Excellent trading update way ahead of market expectations.Re-rating expected.

[bigbigdave] 13/5/2021 07:04

Excellent!

Board anticipates that DX will significantly exceed existing market expectations for adjusted profit before tax in the current financial year, with an associated improvement in operating cash flows.

[solarno lopez] 12/5/2021 14:42

always good to share pleasantries mjb252

[mjb252] 12/5/2021 14:32

Nicely executed Solarno - happy to oblige.

[solarno lopez] 12/5/2021 14:11

Actually they don't use cycles they use vans thanks for the lead in mjb252

[mjb252] 12/5/2021 11:55

In the know bods anticipating strong trading update circa End of May? Becoming a bit of cycle this one

[dougmachin] 12/5/2021 11:47

ADVFN showing buy volume of a whopping 12,695,164.
Sells 255,964.
Grrrreat.

[dougmachin] 12/5/2021 11:45

Some really tasty big buys gone through today.
5.5 million, 4.0 million and 2 million.
That's move than 4 million quids worth.
Gotta be more upside from today then too, at some point in the hopefully near future.

[jltaylor1001] 12/5/2021 11:44

LSE site says £4m of buys today

[bigbigdave] 12/5/2021 11:43

Chunky trades gone through, looks like this is ready for another leg up after a rest.

[bramble13] 12/5/2021 11:12

So have I and I haven't seen a dx van in this street for many years.....a good sign as you rightly said

[someuwin] 29/4/2021 10:58

Have noticed a lot of DX delivery vans about recently.

Must be a positive sign - so I've bough some stock.

Simple as that.

[sharetips] 23/4/2021 10:33

tipped as a buy in cityconfidential a couple of days ago

[paulisi] 22/4/2021 08:17

You would only increase your fleet if you are confident that the business will grow and utilise.The price is following - more upturn I suspect

[bigbigdave] 21/4/2021 13:28

Schroders buying into DX. listen in at 41.30

[stemis] 20/4/2021 13:32

This comes on the back of new depots at Ipswich, Westbury, Oxford, Burnley, Rotherham and Glasgow (plus a new control centre at Tipton) within the last 12 months alone.

[everton448] 20/4/2021 12:13

It's hard imho to see how today's RNS announcement does not lead to a positive trading update and similarly good results

[cheshire man] 20/4/2021 08:00

Yes mjb525 that's how I see it too :-)