Xpediator Plc Share Price (XPD)

Dartron like your chart hope your hand is ok ;-) > I expect a 'bounce' here soon if 28/32p holds as resistance the 'gaps' have been filled. The interim CEO hinted the start of the new year was ahead with new business especially in Polen 2 years ahead of their plans. The overall markets are lousy the worst April close since 2020 as the headwinds play out (Rising inflation/interest rates and the war) hope for SP support soon and some sideways Price Action building a base soon going into the 2nd half of the year which is their peak earnings season.

There seems to be a knife stuck in my hand. While I was invested here, and did top up after results, it would have been an ideal short set up. Looking at the chart, a head and shoulders formed through out 2022, with 40p being the end of the neck line. Worse still, the 40p neck line corresponded to 2 previous 'gap ups' - one in Feb 2021 and one in Aug 2019. Anyone who spotted this set up, could have gone short from 40p with relative peace of mind after the disappointing results, reduced dividend and war.

Possible support around 33p, but if not then 26p should do it.
I dumped mine, rather put in in O&G stocks. My biggest loser this year. Easier places to make it up though.

https://www.tradingview.com/x/SWHjS4QO/

At 40p on month retrace .Spare funds main reason.

The Warehouse division also could have performed better, I reckon it was down about 1M before tax.
I have no worries about the exceptional items, as they are a one off. The Southampton warehouse is now 100% occupied, so will add to revenue next year. Would have liked to hear more about what can be done about 'Beckton' warehouse. If it is not performing well due to high street fashion, can they change the operations?
Either way, with a 1 year outlook, great time to be buying.

Gohanito - I agree the bottom line SP has suffered due to the exceptional charge of £ 2.6 m resulting from the delay moving into their prime warehouse in Southampton. The adjusted EPS was 3.68 (compared with 3.84 in 2020) plus the Dividend got a (temporarily) haircut to 1.1 (1.5 in 2020) with the potential for a special Dividend in the 2nd half of the year.