Xpediator Share Discussion Threads

[svend2] 06/10/2022 20:44

Thanks, g23 that Q3 update from the company would indeed be very helpful to see if there is enough pressure in the tires to carry the debt load going forward

[gleach23] 05/10/2022 07:20

No need to apologise svend...we certainly need some stability at board level. I don't think the share price is going to be doing cartwheels any time soon with the current level of debt so my trades are intended to be short term.

Apparently my question has been submitted to the company about a Q3 update so let's see how it is answered.

[svend2] 04/10/2022 23:28

G223 Today's action on the general markets i.e. a nice follow-through day then we maybe could be in for a short relief rally in my opinion high 20s within a span of a day and mid-30s sooner than I can get my fresh order ticket arranged. In contrast to your view (sorry), I am starting to feel the new management teams which showing fresh commitments by staying on the board that 'should' allow for execution but only time will tell if that is going to be the case. meanwhile, I am keeping my share bets on hold hooping for the target of 1 billion in turnovers in the next 3-4 years to be achieved all IMOO DYOR

[gleach23] 03/10/2022 16:15

Hi svend2...yup, obviously disappointing news re profit, debt and dividend. I got out of what I could between 28p and 32p on the morning of results and am carrying the remaining loss for the moment. I have averaged down around 20-22p in the hope of a bounce as I think they've fallen too far.

At the IMC meeting I was one of the investors who asked what full year management expectations were as they commented in the results "Good start to the traditionally stronger second half of the year and on track to meet full year management expectations." The answer was £9m PBT which will be some going from £0.2m at the half way stage. That said, they made just under £7m in H2 last year so if things are looking stronger and they can implement fixes that affected UK in H1, then perhaps they can get close.

After the meeting I thought I should have asked them if, given they state they're on track to hit full year and we're now at the end of Q3, they planned to issue a Q3 Trading Update. It would be reassuring for the market if they were able to issue a positive update. I tried to get the question in via IMC after the event. If I don't hear back I'll write to XPD direct.

Given the debt situation though, when we were told working capital was going to unwind this year, I'm less confident in the management, albeit there have been lots of changes.

[svend2] 02/10/2022 20:01

G23 - Now sitting below 20p it went through 28p like a hot knife in butter next support at 13p maybe?

[gleach23] 16/8/2022 11:51

Nice 100k buy earlier. Had a modest couple of top ups and only 1k shares available now @ 32.5

[svend2] 03/8/2022 22:19

G23 - Yes thank you for your kind words 'Interim' it's like a cold ice cube on a sore head it might feel better for a little while but the pain is still there let's hope it's not internal and that the internal payment process systems have found an even keel and no delays to be experienced on the newbuild warehouse in holland one would hope lessons learned from last time in UK by now. I guess only time will tell.

[gleach23] 03/8/2022 21:18

Hi svend2...disappointing to see the drop recently amid signs of a recovery in my other small cap holdings. Down on selling today with the largest trade @ 28p so that might be an indication that we will get there?

I might consider a top up in the 28p area in the absence of any warnings prior to the Interims due mid September. They also said they would clarify the special divi situation at that point. If you remember they held back on a full final divi due to the geo-political risk last March.

Was it really due to geo-political risk or was it more to do with tying up working capital in advance payments to hauliers? If it was the former then I'd expect a special divi to be paid, as surely things haven't turned out as bad as they might have done? I guess much will depend on the debt situation which is linked to the unwinding of that working capital position.

Hopefully with the Interims we will also get the results of the business review that the newly appointed Interim Non-Exec Chair Gillian Wilmot has embarked upon, which should include an update on the Interim CEO's position which was for 6 months from 1st June.

It's no wonder the share price is a bit wobbly with the word "Interim" being so pervasive!

[svend2] 03/8/2022 20:28

G23 > DO YOU THINK WORTH A PUNT @ 28 IF WE GET THERE OR AM I MISSING THE BIGGER PICTURE HERE? IT SEEMS OVERLOADED TO THE DOWNSIDE???

[svend2] 30/7/2022 12:48

mfhmfh Thanks for the heads up

[mfhmfh] 15/7/2022 06:39

DX. had strong results. Especially in freight forwarding.

[solarno lopez] 15/7/2022 06:10

The results

[svend2] 14/7/2022 21:48

gleach23 you summed up it nicely and perfectly;_) curious what they MFH/SL mean wit the ref to DX?

[svend2] 08/7/2022 21:25

mfhmfh/sorlano lopez > please clarify good read from DX?

[solarno lopez] 07/7/2022 11:20

Very good read

[mfhmfh] 07/7/2022 10:51

good read across from DX.?

[gleach23] 10/6/2022 15:33

Some chunky buys today and not much stock available to buy late on (max around 12.k shares @ 36.7) with decent demand on Bid for at least 20k shares (well inside spread @ 36.6p)

Wider market backdrop allowing, bodes well for a move back into 40s imo.

[gleach23] 09/6/2022 06:18

Bit of a wishy washy statement which doesn't shed much light on performance - 'well placed' and 'could be worse' seems to be the theme but 'The Group is in a good position, and with its asset light base, it is shielded from some energy and other inflationary cost pressures, but not all.' sums it up.

[svend2] 08/6/2022 22:22

Hi gleasc23... Nicely spotted I missed the after bell action may indicate some weak or nervous hands however the full reinstatement of the GCFO is encouraging and may help to steady the ship as they have taken some one-off hits in their recent a/c year which otherwise would have kept the price heading northeast rather than current somewhat lacklustre performance. As they head into the 2nd half of the business cycle which usually is their best busiest time of the year hopefully they can also find a way to redistribute any surplus cash?

[gleach23] 08/6/2022 18:13

hi svend2...yes I'm hoping we get an outlook statement consistent with the comment I referred to above. I see no reason why not but let's see.

Early trades today indicated someone keen to get out ahead of the statement but let's hope their concern is misguided. The share price did at least recover on the back of some later buying. Some interesting set of trades after the bell including 3x35k trades @ 36p which could be late buys or delayed sell trades from this morning.

Some positive news on a special dividend would give the share price a much needed boost. They cut the final dividend on the basis of the geo/political risk assessment at the time but might they now be in a position to consider the working capital impact as 'small' enough to warrant the payment of a special divi?

[svend2] 08/6/2022 16:44

gleach23 share price saw some weakness today down 4% ahead of the AGM tomorrow let's hope the new management team can kickstart a new fresh uptrend going forward

[gleach23] 17/5/2022 10:12

So the revolving door continues for Board members with the CFO now being changed too! At least the replacement should be able to hit the ground running since he is returning as CFO.

2 positive news snippets today - good of them to take the opportunity to add at the end of the RNS -

"Finally, and in spite of the events taking place in Ukraine as well as other macro-economic issues, the Group continues to trade well and in line with market expectations."

We also have a Notice of AGM of 9th June for which we will hopefully have an accompanying trading statement which we now know should be upbeat. There may also be a Board appointment to announce by then?

Hopefully these nuggets will result in a positive month ahead for the share price which already looks a little perkier today than it has done of late. GLA

[gleach23] 13/5/2022 11:51

Hopefully the Ops performance is holding up, given that the Ukraine war activity has headed east and south since the FY results update. Could do with an update on the Board appointments including a new CEO.

If last year's timings are anything to go by (and they might not be given the Board changes) then we are imminently due a Notice of AGM and an AGM in June which would be a good opportunity for an informative update.

[irnbru4] 13/5/2022 11:38

And divergence between XPD and WIN share price performance.

[irnbru4] 13/5/2022 11:31

Prior to today I was concernerned about the share price filling the gaps about 26p but barring a bomb dropping on the Romanian operation I am hopeful that a recovery is on the cards especially as most of those who bought on the Ic tip would have sold. Awaiting ex div and Trading Update action. I believe unless insiders know of any bad news the shares are far too cheap and illiquid to sell in any quantity.