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Morning all
A friend of mine is into M&A on a large scale. I'm going to try and see if I can extract some information on how the process works and whether DX may be in the pipeline.
No pun intended but keeping the faith is beginning to pay dividends.
May I thank the contributors for their guidance which is truly appreciated.
An upward SP movement towards 40p in the not too distant future is looking so very likely.
GLA.
Ports, you take contributing to DXs profits to a new level. I certainly will be following your example.
On a slightly and repetitive note is there any reason for no RNS about the acquisition of 20 million shares down the "Dog & Parrot"...?
Cannot thank you all enough for the sound 'advice'. It truly is most appreciated.
Few display altruism to such an extent, and from what I've read on other boards, contributors have been known make some extremely cutting remarks.
Glad and most I'm part of a board where everyone is so utterly helpful.
I am far more comfortable now, accept there may be some short term volatility, have decided to be bereft of "emotion" and follow good sound advice of my fellow contributors.
I hope one day I would be in a position to afford as sound opinions to others.
Many thanks once again.
Thank you very much Ports, Gabrie1 for sharing your pearls of wisdom and your experience.
It is most appreciated.
I've never been a greedy bloke and when I started I had I really had written off some of my investment.
That's not to say I could afford to do so or the reason I entered this game was to squander away funds.
I have faith in DXs management and I also very much value the opinions of those who post on this board.
Thank you once again. Have a good weekend all and stay safe.
Hi all
The last 30 days have seen the SP surge by almost 27% and long may it continue in the same vein.
My question, as an absolute novice, is now that I am back in the black with my tiny principal investment do I cash out or continue to keep faith in the DX.
I ask because I simply don't know how to read charts, understand PE ratios and frankly am as technically savvy as a chocolate teapot!
To make 1200 in 4 months on an investment of 15500 is big for me and any 'advice' would be most appreciated.
In many ways I'm contradicting myself by even thinking of cashing out particularly when I want to be a part of DXs growth.
But as I wrote earlier 1200 is a lot of moolah for me.
Needless to add I will never hold it against anyone if the SP increases, other than beat myself like Basil Fawlty may have. : )
My sincere apologies if my question offends, is seen by anyone as cheeky or breaches any posting rules!
Hear Hear Ports. Your honesty is palpable and no offence is taken!
I'm also at that age where my bolshie arguments were left in the courtroom the day I thankfully retired.
Just as grateful for what our country has to offer and as I wrote earlier thankful that there are folk of a similar ilk out there.
This is also the only board I have posted on simply because of the honest and helpful nature of the contributors.
Let's see what tomorrow brings...
Ports, I am and will always remain beyond passionate about local business flourishing rather than faceless conglomerates decimating livelihoods!
I did not mean to come across as endorsing the death of town centre shopping.
My point, as I'm sure you've already sussed, is, like it or not, it's been heading that way for decades. The pandemic has merely led to a surge in online consumers.
Believe you me, I would rather not make ZERO dosh than make it at the expense of another's livelihood or of the misery of others.
Some may say it's a naive and ridiculous way to live life, but that's just me!
On a slightly different note, I am grateful to be in the company of folk like you Ports who actually put me in my place when needed. Glad also to see that there are people of a similar thinking to mine!
What greater recommendation can you have for a company when one of our contributors has "rubbed shoulders" with management.
I first came across DX in my days as a Solicitor when the company primarily delivered legal documents. Hence, as I'm certain most will know, the name "Document Exchange".
Who would've thought 2 decades down the line I'd be holding shares in the company!
The top and bottom is that when 20 million shares are snapped up by the creme de la creme, the DX fleet is in being increased by such large numbers, good quality management leading the way etc, etc, then small fry like me will continue to have faith in the company!
I also very much endorse the change in consumers attitude to online shopping and with high street retailers dropping like flies, the writings on the wall.
Interesting to note that still no RNS with the acquisition of 20m shares by the big cheese.
Onwards...
Just watched the YouTube clip and frankly don't know whether to believe it or not.
20m shares like he was buying a bag of jellies before going into the cinema.
A great scoop for the company and particularly from someone so well respected.
My recent post about continuing to have faith in DXs management, following on from prompts by vastly more experienced contributors than myself, clearly has paid off.
Long may the upward trend in SP continue and long may the management continue to surprise us with positive news.
Still not done by any means, and wanted to thank all who have helped and persuaded me to continue to have faith in DX.
Cheers and once again GLA.
It is indeed most reassuring to read the positivity from you all.
I aim is to continue to keep faith in the decision making of management and to keep 2021 as a year for growth, development and increased profitability.
Notwithstanding DOYR I also have faith in what you experienced 'guys' have to write.
£15k is a lot for tiny fry like yours truly, but at the same time I was fully aware of what I was doing with the stake I put up.
GLA and thank you all for your words of encouragement.
Whilst your confidence is very reassuring Tep, I remember talk of the SP rising to £1. Have since scaled down expectations considerably but am still going to hang in there for as long as possible.
Time will tell. GLA
Been quite some time since I last posted an opinion but monitoring the comments of fellow investors.
SP still holding firm within fixed parameters and I'm assuming lifting of lockdown restrictions, opening of new depots and many other valid observations made by commentators make for positive reinforcement of DXs performance.
Hoping that my relatively small share holding of around 15k, which currently is in the red, will improve by the end of 2021 and a target in the high 30s will ensue.
Monitoring companies like Rolls, IAG, Cineworld is also what keeps my positivity ongoing.
As a new investor and continuing to DMOR there is rarely a quick buck to be had. Patience is name...
Onwards and upwards for the SP and continued faith in DX is the order of 2021.
Morning all
Very pleasing to note the ambitious expansion plans which also had an immediate buying of shares even though the SP showed little upward movement.
Here's to positive figures being announced shortly.
I certainly will do my own research and am most grateful for your much needed guidance "Meaningful".
Bought in earlier today, post DMOR.
Many, many thanks for all the guidance 'guys'.
Most grateful for your pearl's of wisdom PS. What is most comforting is that my thoughts resonate with so much of what you state. This in turn has bolstered my resolve to continue with the investment game.
Once again very grateful PS.
Onwards, upwards and to skinning moggies (proverbially speaking) along the way.
Here's to good day ahead.
Thank you Chelsea 11.
It goes without saying that all these bits of information are invaluable.
I unreservedly apologise in advance and in case the following request falls foul of any 'house rules'!
I would welcome a nudge in the right direction in relation to where to go and read about other investments on the AIM.
I have a lot of spare time to carry out research and at the moment all I have is "Stockmendations" weekly recommendations.
Of course these recommendations are received after there has been a surge a SP which I see as a little late to jump on board.
Ironically, DX Group was one of their recommendations!
Good to read your comments and your continued optimism in the company PW. Just a waiting game and how the market reacts to any trading updates. I am a still in my very early days as an investor but am learning not just to trust my instincts but to also rely on intrinsic facts and figures. Understanding them is a bit beyond me which is why I ask rather mundane questions. Apologies for this. ??
Hi all.
No posts for a while now. Sounds sinister but more likely my cynical side.
SP has been rather erratic yet slightly up. Waiting for upcoming company announcements.
Would appreciate thoughts of contributors. ??
Thank you for your kind words PW.
Most comforting to learn of your recent purchase and the confidence you place in the company.
Onwards and upwards...