Member Info for portswigger

Not worried in the slightest about the fall today. Bought in twice at the drop. one quite substantial and one so far showing as a sell. Little concerning that the Bitcoin/Crypto volatility seems to be affecting the markets.

I'll third that. It's quite a statement of intent. A 100% increase in new depots this year. It's an aggressive and ambitious organic strategy to increase UK and Ireland market share. That coupled with a comprehensive regional management incentive scheme bodes well. The boys up top are obviously confident and not hanging around. Looking forward to some figures shortly.

Deep,

I think there are honest posters on this board who will be happy to help and I'd help anyone who asked although I'm not qualified to give investment advice and wouldn't dream of doing it. What I will say is what usually works for me and I'm sure some the others will be happy to divulge some of what they do.

1) I tend to avoid the Aim and think very carefully about investing in any share on it. Sure there are opportunities but it's very volatile market. Discussion boards tend to be a source of amusement more than anything else and market makers can see the inexperienced investors or should I say traders a mile away. I prefer the 250/350

2) its very rare I follow a tip from anywhere. Normally Private Investors are well down the information chain and the opportunity at its greatest has gone.

3) Most of my best investments have come from trade magazines and subsequent research etc.

There are lots of ways to skin a cat of course but if there's phrase thats applicable to share dealing as much as anything else in my view ... knowledge is power.

Finally, you may wish to consider stockopedia website. it's a payable resource and I use it when I want to question my own judgement. Thereafter understanding Level 2 is essential further down your journey. Cheers

I don't think there is anything of concern. Its just a wait for the figures in march. I'll be interested in any trading update and if DX express lost some ground which was mooted in the last update. It's to be expected though. The SP has grown substantially in November/December and that can't continue for ever so there has been a levelling off in January which for me is a good sign. It will be interesting to see how the markets view the figures.

Hopefully, it seems the economy may open up a bit which is only beneficial.

My only slight worry is growth in DX express and Europe. For DX express it's a saturated market and margins are tight and as I have said before I don't think a collection only service is a sustainable business model without plenty of drivers. Obviously more depots will help which is their plan. Although they have a European offering on their website, it doesn't to be available for B2C. When I asked our DX driver ( self employed) if I could send items to private customers in Europe, the simple answer was.... No Mate. ! To me it's money left on the table. But I have every confidence moving forward.

I don’t really get the preoccupation with the investment case. With COVID, Brexit, Recession and Govt debt I’m not sure you can make a investment case for any shares at the moment. We all have our opinions about what might happen when the picture becomes clearer. I see the glass half full based on service offering and NHS experience and it strikes me that those who see the glass half empty and are regularly posting negative sentiment without selling may be short on the share.

Radium,
The problem with your arguement is that you make assumptions. You assume that Totallys growth will fall. You don't know that. It is your assumption. It might do, it might not.Directing you to other investment cases is totally( excuse the pun ) irrelevant. Even if private sector involvement reduces that doesnt have to mean totally involvement reduces. Unfortunately I don't possess a working crystal ball. Each to their own view though.

I'm a share holder in totally, not a contibutor to this board to date but this is my view for that it is worth. We all know that the NHS in its current form does not work efficiently for patient care. Therefore government reform is unsurprising and the white paper ( yet to be published) is welcome. So what we know so far is based on leaks whether correct or incorrect, editorial comment from british newspapers. I for one don't base any investment descisions on leaks, hearsay or newspaper editorial. I think it is more prudent to wait until we know some facts. Comentators have said there may be a reduced role for the private sector, that may well be the case but is it a bad thing. I'm all for that if it makes the NHS a better service. The doom mongers seem to think it's the end for totally. Not for me. In essence it's all about patient care and efficiency and if totally provide a cost effective and beneficial service I think the future is bright.

LSE slow on publishing RNS today. More good news I think.

It's no problem Deep. If I can help great. I think you have invested in a sound company and a it's a decision for everyone how long they stay in. Over the years I have learnt that most people do their research on the company but very few take the time to really thoroughly understand how the markets works especially the aim and what affects share prices.There are lots of people who are making money in transaction chain. Volatility is key to making money and the more transactions that are made the more money is made. That is why share price movements are irrational as MM's have to provide liquidity. I see so many comments on boards where people can't understand why a share price hasn't risen on good news and it's usually because they don't understand the markets.
Anyway, welcome to the board. I have just bought another 97K shares so I'm pretty confident on things moving forward.

Deep.

The decision is yours. But if you are going to jump ship every time there is negative sentiment or a bit of bad news you will lose substantially more than you will ever make in share dealing. You really shouldn't take advice from anyone. Research the company, research the way aim and markets work and then make a decisions. I wouldn't rely on brokers I never have. There is a conflict of interest.
You want to make money out of the shares........brokers make money out of you.

Been topping up the last few days. Last one 8100 shares today plus one yesterday both showed up on LSE as sells.

Don't know how my draft got posted. ??

Very pleased with how the SP has performed today. My own view is that it will progress towards results up to 40p. I'd be suprised if we broke that.

As a regular user of domestic and international carriers I'm facinated by the DX express business model. Unlike all their UK competitors they do not us access/drop off points and only offer a collection only so far. This is labour intensive, you need fleet, drivers and volume, not to mention the soft margins that DX have already admitted and hefty competition. It costs me £6.50 exc VAt to send a pair of shoes in the UK. On the margins that must be available it must cost more in fuel to drive to me out in the sticks than the money they make in the transaction. To be fair to DX they have said that they are investing in fleet, depots and drivers. To provide the exemplary service they aspire to in face of low margins and fierce competion in the domestic standard parcel market that is completely price driven seems very bold to me. If you are collecting all the time the their costs per transaction will be substially higher than all their competitors in this market.

I'm a great fan of Dx, they are experienced and it will be interesting how it pans out.

Please to see just a small drop today. My own view is that we'll see some increases this month in the SP towards the release of results in march certainly towards 40 but I'd be suprised if we broke that.
I have to say I am quite facinated by the DX express business model movng forward. As regular user of domestic and international carriers I find it interesting that DX only offer a UK collection service rather than drop off point (access points)
that most of their domestic competitors use. I know alot of drop off points are thoroughly cheesed off by it and many of them off-licenses, converience stores etc simply don't have the space to store and receive parcels. If DX are to continue this collection service only, it's labour intensive ,they need huge fleet and depots which of course they have said another three are due this year. The capital outlay will be huge if they want to proved the exemplary service that they seem to aspire to. It costs me about £6.50 ex Vat to ship say a pair of shoes with already admitted soft margins and loads of competition. Its going to be pretty costly trundling around collecting parcels and you have to have the volume to make it work. If you're out in sticks like me it will cost more in fuel to get to me than money they make on the transaction.I'm a great fan of DX and will be interested to see how this plays out.

Good RNS. As expected and as expected drop in the SP this morning.

Really impressed that we get the RNS on the first day of the month which to me tells me they are switched on. Not surprised that margins are softening with DX express, it's an unbelievably competitive market with DPD, DHL.UPS etc. I agree with Chelsea that the new depots are important and increasing profitability will be major sp drivers. and I still think dividends are in the thinking.

I hope your right Ismalia but I'm not so sure. The share price was around 23.5p when they announced in November that they were on track to perform materially better than market expectations. Since then we have seen a rise to 35p, so I think it may be built in to some degree. Unless it is "materially better" than the previous "materially better" I not sure the SP will do anything and may well a bit of a fall etc. On AIM it is regular that SP falls on production of good trading updates or figures... you've only got to look at Novacyt last week. I think the SP will grow but on news of new depot openings as they have intimated, plans to increase market share etc. etc. We'll see I suppose.

Would the fall today have been as great if it was on the main market. Ofcourse not.

Aim is a shambles and the powers that be should be considering an application to list on the main market ASAP.

Just popped over to see what's going on with Begbies and this board. Good to see some interest and share price growth. Congratulations to all that stuck it out. It wasn't the share for me and I think I made the right decision to leave as I doubled my money in DX since leaving. It will be interesting to see how it all pans out in the year ahead with the vaccines, Brexit transition and where the money goes as things open up in tech, industrials etc, etc. Best wishes to all.

Anyone else get the feeling there is more institutional or PMDR buying and selling going on behind the scenes. ?

Yep you may be right P. I have monitored it closely over the past week or so when the large transactions were going through as there was obviously something going on. The shareholding allocated to Ron Series (according to market screener) on the 14 Jan 21 was 2,250,294 and 4 days later 2,345,794. I don't have much faith in these things so it may be wrong but I just thought I'd point it out.