Great that you are very happy with today's news but it was just a defensive tactic against gatemore hence the pull back. Avon alone won't do it, we are living in an online delivery world but DX can't cut it.
Riszer,
Great you didn't take the offer, we live in a world whereby costs can increase sharply but prices can't be increased because of zombie competitors that just borrow money to run businesses at loss while gaining market share.
No wonder the shares can't even rally on the supposed good news........i hate it when private investors cheer ponzi moves. This same company doesn't care when SP tanked more than 60% in a day. I had to double check to ensure that DX. hasn't started delivering packages to space / Moon / Mars. SP creeps up a tiny bit then people here tell me to chill out and be patient. If you can raise prices based on quality service / brand power then you have to cut cost.
Strange plunge yesterday but i don't believe the impairment charge and think it's a big joke to write off that much. They placed shares @ 145p now it's trading more than 50% below. Not so great even by the kale's family standards.......
OK guys, seems you are not from a business background as i run a business and costs always need to be cut in this new world where it is hard to raise prices since the competition is crazy. DX. is very slow and old school with their approach which shows how they turned 100p into 9p within 3 years in a boring business that is straightforward.
average down guys because a cheeky low offer might come. This sell off is engineered by the board and MMs just to spank private traders / holders. I think wildwood brand is good for a takeover. I will buy below 60p.....scared we might drop another 40% today again.
Come on 20% jump from where? Useless management like to destroy values first.......private investors are getting used to this ponzi scheme which is bad. The stupid company didn't reply my emails about not issuing RNS noting significant fall in shares. They are bumholes and none of us here holding real shares, unleveraged trades should keep sending emails to the stupid management.
overdone sell off yesterday but it shows how useless the company is but the actual restaurants are good and a better run company should make an offer as it seems the management is useless.
Stupid board keeping SP down.......spewing bad news, ensuring superhub fails but they sure had some tiny good rubbish news kept in the safe to fight against any activist shareholder. No movement I guess.....not buying this fake late news.
I would sell on seeing 20p.........DX has no excuse and the board can't defend turning 100p to 9p. For a delivery company, it's a robbery.....it's acceptable for AIM miners, biotech, new tech and oil companies though
Amazon knows how to keep the party going......i just want SP to move in the right direction or get a reasonable offer. When Morisson supermarket did a tie up with amazon, the SP rocketed and left tesco behind even though it doesn't mean huge profit but volume will surely rise. The board couldn't get planning for the super hub pushed through which shows incompetence. If you can't build on a derelict brickworks site then don't even waste money on it.......DX. should have had agreed with the council before even choosing the site.