Gus1065
25 Mar 2016
Re: Fund Manager Investment Worth noting that DX. management recently invested a combined £750,000 in shares. Quite a significant vote of (self) confidence.
nk1999
24 Mar 2016
Fund Manager Investment From Citywire:"Wright and Winton dabble in DXCitywire AAA-rated value veterans Alex Wright and Jonathan Winton have ramped up their stake in troubled delivery service DX Group (DXDX), following a year in which a profit warning has hammered the shares,The managers increased their holding to nearly 8% of the group worth £3.5 million at a price of 22p, down from a year high of 92p. The stake is held in their £368 million Fidelity UK Smaller Companies fund. Taking the other side of the trade recently have been Giles Hargreave of Hargreave Hale and Simon Moon of Unicorn, both AA-rated and who have both sold down.DX slumped last November when it reported that difficult trading and higher costs would substantially lower profits. This was borne out by results last month showing adjusted profit down 87%, despite revenue being just 4% lower. Analysts unanimously rate it a ‘hold’, on a median target price of 24p. "They seem divided/ undecided too.nk
II Editor
22 Mar 2016
NEW ARTICLE: Should you buy these three AIM IPOs? "New AIM entrants have been few and far between in the first couple of months of this year, but that is beginning to change, with an impressive range of businesses wanting to join the junior market. There were only six new AIM entrants, including ..."[link]
TX2
01 Mar 2016
Re: 10-15p The question is the future viability of the business rather than share price;if it has a viable business going forward it is reasonable value @ 20p;if it has not it is not worth buying even @ 10p.The balance sheet is thin with no tangible net assets.It is interesting that a third party(property company) is financing the new regional hub but clearly it has to make a profit to pay the rent.Where is the very modest reduced profit coming from(and poor & much reduced cash flow).Is it just the old & declining document exchange business that is profitable?Whether it could use this service for some sort of parcels service is interesting,ie parcels could be delivered to specific points for collection by customers rather than to their homes if more convenient.Argos offer a similar service. While private investors like ourselves are generally keen on dividends.Is payment prudent at the moment?I assume there is a fair amount of off balance sheet finance(viz vehicle leases).There seems little room for error.I can't see lenders offering increased lending on such a thin balance sheet.Difficult to decide on this one at the moment.
deshulme
29 Feb 2016
Re: 10-15p This company is dropping to below 10p. Then you can gamble, but I think I hang onto my money.
Nige the snake
29 Feb 2016
10-15p Despite the current headwinds to the business, and with much to do still in the seasonally important second half, the Board anticipates that the Company will trade over the full year broadly in line with its expectations. We continue to position the Group for longer term sustainable growth and the Board remains confident in the medium term outlook for the Group."I can see this dropping to the mid to low teens but would suggest it would be worth a punt at these levels for the above reasons. Showing poor profit compared with 2014 but see a turn around One to watch IMHO although when they say turnover will be broadly in line with expectations.This could mean anything as we do not know what they expect Regard
Gus1065
26 Jan 2016
Re: Any recovery in sight? Results are due on 29th Feb. I'm not expecting an update before then unless there is anything extraordinary to report. The sharp fall in November was driven by a kitchen sink profit warning delivered (as I recall) in the middle of a trading day that seemed to take most of the market by surprise. Personally, I am holding on for the end of Feb report - given the volume of Christmas internet sales driven parcel deliveries which presumably DX have taken a fair share of (and my own experience with them which has been pretty good compared to the likes of Yodel) I am hopeful if not expectant.In terms of other sellers, why do you say the big boys are bailing out? There's only been one RNS since November and I would have expected more if large chunks of shares had been placed (although not sure who would buy them to be honest in any large volume).Gus.
fraine4
26 Jan 2016
Any recovery in sight? I bought into this share as I believe in their strategy of oversied parcel delivery. I had hoped for some news after the Xmas parcel rush but have seen nothing. These are dire price levels and the bigger boys have/are selling out, so where will the company go from here. Any ideas?
city watcher
01 Dec 2015
No recovery due Won't reward investors in time for Christmas. Oh Dear !
bartonscooter
17 Nov 2015
Re: In at 36p 
Being uch a "barge pole share" why are you on the board posting then ?
Ripley94
17 Nov 2015
Re: Todays RNS Last nights evening news brokers reduce target , by large amount.
Ripley94
16 Nov 2015
Todays RNS River and Mercantile reduced crossing 5% threshold (7)to 1.6% bottom of (8)On 23/Sept above 5% to 6.01%. ( 8 )Pr-Poster "Had to"Henderson went below 5% 22/June they are exempt by fca from further disclosures below.And from above 5 to 10 %
Orchard Gate
13 Nov 2015
Re: In at 36p A ____ and his money soon go separate ways (but not usually as quickly as down nearly 40% in a matter of hours. Sorry but this is a bargepole share.
Orchard Gate
13 Nov 2015
Another one bites the dust The curse of OG strikes again. Just 13 months ago I suggested this was one to avoid/sell. Now down 78% from the price then. Ouch!
TX2
13 Nov 2015
Re: In at 36p As always there could be a "relief rally";but going forward I feel DX will need to raise at least £25m in equity working capital to finance needed capital expenditure.The company has zero tangible assets.I don't believe the profit margin it has been claiming;or perhaps to put it diplomatically it is not sustainable going forward.So if buying I would leave some money back for an open offer.
