thirty fifty twenty
13 Nov 2015
at 28p looks like capitulation on volume Seems a huge fall given the change in trading position.I am presuming there have been trades from FTSE tracker funds for fledging market,now that MC falls below c.£80m they will be forced sellers,which is not a strong position the day of a profit warning and market 1% falls!that might explain the HUGE volume,will be interesting to see the RNS holdings updates.I've bought at 28p - which is very risky re trading a falling knife,but business remains profitable, cash flow generative and decent balance sheet,and there are forced sellers (the tracker funds) effectively giving an artificially low trading price which should recover in time.All IMHO, DYOR + BoLDX. is in my portfolio
Mr Norvett
13 Nov 2015
Re: In at 36p 
Just tripled my holding at 28p, fingers crossed for pound cost averaging.
Ripley94
13 Nov 2015
Re: Technical view with hindsight Orchard Gates falling like a stone down the Christmas chimney was visionary .
Ripley94
13 Nov 2015
Re: In at 36p Friday 13h .. lolThis site has it at 86 they don't seem to have taken the - 70% off.
Techno Trousers
13 Nov 2015
Re: In at 36p This looks overdone to me, irrespective of any decline in the document exchange business.Increased by 50% at 28p
TX2
13 Nov 2015
Re: In at 36p Perhaps but previously DX made most of its profit from its high margin captive market document exchange business(items exchanged between solicitors etc) but this is in fast decline.The parcels business is a bear garden & DX is not a major player,it needs to invest heavily even to stand still.
bartonscooter
13 Nov 2015
In at 36p Bargain. has to be a strong buy with this overreaction.
southernstar
30 Sep 2015
IC remain buyers New contracts, cost cutting and a major restructuring programme enabled the parcels and documents distributor to maintain a cash profit at £33.7 M. The elimination of DXs debt pile also leaves the fat dividend looking affordable. I fancy that divi...!! and if IC is correct, there should be an SP rise from here as well.
Orchard Gate
12 Aug 2015
Re: Technical view "This is along the floor of a rising trend channel which can be drawn on the daily chart from as long ago as November last year. The floor of the channel currently runs at 84p, with the implication being that provided there is no end of day close back below the floor of the channel the upside here should be the 2014 resistance line projection at 105p over the next 1-2 months."I'm amazed people pay any attention to let alone following this sort of gibberish - I look at the share price chart and because I can see the shape of a reindeer this indicates the shares should rally around Christmas time but might fall like a stone down a chimney.It's utter nonsense and has been shown over an dover again by independent studies to not only have no predictive power but to actually make those who follow the charts worse at stock picking/investing than if they made decisions based on random selection.
nk1999
26 Jul 2015
Technical view From Shareprop hets:"It is logical that the longer a stock or market takes to build a base, the greater the recovery when it eventually arrives will be. This could be what will be on tap at DX Group over the near term with the idea being that there will be a decent improvement for the shares in favour of the bulls.The reason for this relative enthusiasm is the aftermath of the March – May bear trap recovery, one which has been underpinned by the narrow bear trap recovery served up in May from 76p. What can be seen since then is the way that we have seen a steady consolidation and crawl higher either side of the 50 day moving average now at 85.69p.This is along the floor of a rising trend channel which can be drawn on the daily chart from as long ago as November last year. The floor of the channel currently runs at 84p, with the implication being that provided there is no end of day close back below the floor of the channel the upside here should be the 2014 resistance line projection at 105p over the next 1-2 months. A prompt end of day close above the 200 day moving average at 88p should kick start the new rally."
deshulme
07 Jan 2015
No turn around story Noticed have bought most of City Link assets in a £1.1 million deal. Still think they need new investments to survive. I'm keeping a eye open on them, but i believe they are going to struggle. With City Link going under Customers are going to be more wary of smaller operators even if there prices offer the best rates.
Ripley94
26 Nov 2014
Re-orchard Gate Thanks for your advise it made me look at my HL. Acc.which i am just able to leave unchecked for long periods ( unlike my share acc. )It seems there was a game changer in April in the way all funds charge.I think the advantage that might of been investing via HL. is no longer there.They have introduced the 45 bps charge saying clients are "no worse off in fact better off"if you go direct it seems to be 35bps for the funds im in.not sure of the point of the tracker funds you mentioned as you could just do that yourself for nothing couldn't you ?
fraine4
26 Nov 2014
Re: Added IC were very positive about DX prospects but since their recommend the share price has gone down hill ever since. Not sure if this is due to poor prospects at Royal Mail having an impact or whether it is the talk of RM pushing for the regulations on all delivery companies to be evened up. Perhaps Xmas deliveries will push the price back up again.
Ripley94
21 Nov 2014
Re: Keeping up at the back well done lol
Specialist101
19 Nov 2014
Keeping up at the back I've been a customer of DX for more than 25 years and it was only this afternoon when I had cause to complain about an important item that was not delivered on time that I discovered that DX is quoted again. I bought a few shares in DX after the demerger from Hays in 2004 only to watch the sp under-perform (go down) until the co was taken private. I see from the prospectus that DX took over a Freight Company in 2012 and has been reorganised since, hence the second flotation. (I also read in the prospectus that my item delayed is in the 1.5% minority that is not delivered next day as it should be!) I haven't read the IC tip but my knowledge of the private sector postal service offerings is that Royal Mail is going to have to pull its finger out to compete for the higher profit margin services (such as parcels) that the big boys have set their sights on.I note that DX sp currently is about £0.13 below the placing/offer price. I find starting prices are often ott but that DX is paying a dividend and no reason to think it won't go from strength to strength once it gets into a gear. A sector of the market that is grossly underserved by DX and crying out is the surveyors/estate agents, very few of whom are on DX. (I'm not talking about surveyors/estate agents writing to buyers, but amongst themselves and solicitors. There is more to the property market than residential b-t-l)I might buy a few tomorrow,
