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Very unlikely Dx will get involved in possibly buying Tuffnells.... Monopolies and Mergers com probably wouldn't allow as both combined take it to 30-40% of the IDW market. It will be interesting to see how it all pans out but there is opportunity for DX in some form. I was expecting a few more depot announcements before year end in a couple of weeks as per their releases. I'll raise an eyebrow if there aren't any.

Opportunity knocks for DX in more ways than one. Suitors line up.!!!!!

Yes... the share price drop is dissapointing but I think opportunity is not far away at this point. If it hits 25p I think there is 20%- 30% or so there in the relatively short term with dividend which sounds OK to me. I may consider it.

Stancroft will have ivested knowing the SP doesn't do much but the dividends and projections must have attracted them as I'm sure they spoke to Dx before Investing. That should give some confidence.

Well Very disappointing news this morning. Losing a contract is never good news for a company but the real question is why.?. Not good for PR . Nevermind, have faith that the tiddler in Wimbledon is going to change the world for the big beasts in America. IM continues to talk a good game but he hasn't delivered.....ever.!!

We'll MrGamble. That's a throw away comment with all due respect. This isn't a Tuffnells discussion board.... I'm not tobothered what Tuffnells are doing. Nothing in the public domain says DX is losing market share and business to Tuffnells. So it's completely meaningless. I could send a parcel for £4.45 by Royal Mail who have been losing nearly a million a day or DPD who charge nearly double and are making alot of money. There is nothing wrong in being the highest price if people want it and pay it. Look at the figures, the profitability, free cash and dividend tell the story.I know it's not IDW... just an example. "Turnover for show..... Profit for dough"

Very eloquently put Ports . I comfort myself that I only now hold three stocks on the AIM all of which pay a dividend.. but I've been a sucker for a smooth talking CEO even very recently which cost me. I think we all learn about the AIM at some point... some quicker than others. Anyway confirmation of further depot growth today which is good and two months of the financial year left. Hopefully , trading is in line with expectations and we can look forward to our 1p ddividend later in the year.

Yes you are right the buy back hasn't started yet. DX though have made the point very clear that they are concerned about the number of shares in issue and outlined the possibility of a share buy back at some point. I tend to agree with Ports that that will come more into the thinking in 2024 especially if the SP continues to pretty much stagnate up to the mid thirties.
I wouldn't worry to much about buying at 32p. Both Lombard and Shroeders bought in above 30p I think and they seem to be quite content at the moment. Mind you they have over 3% of the company so the dividend must be attractive to them to date.

The share price has increased from around 9p this time 2020 to 28p now. That's a very good return for an AIM company in a low margin business. Unless you were in prior to 2015 you've done very well.. It's a slow process now... substantial economic headwinds and a relatively time consuming organic growth. We are where we were at suspension but DX is a stronger company with a new board and capital allocation strategy ... got to give it time !

We can't expect massive growth in such a competive market with margins of 5% to 7%.I think this is a 3 to 5 year play from here. I ask myself if the dividend and projected dividend/buy back is worth it and the wait or can I tempted elsewhere.?

Yes, I would agree the landscape has changed with the appointment of the new BOD so there are many unknowns and let's hope the new board no longer have the propensity to incur extortionate legal fees with the ongoing Tuffnels claim. I do think that is keeping a lid on the share price but not by any great amount. They really need to deal with that.

I'm not to fussed what Lloyd does. He'll make a healthy profit whenever he sells and I don't envisage any great reduction in SP value. I don't think he will drip,maybe he'll sell to a ii, there should be more interest now they are paying a dividend and the positive outlook continues.

On what basis do you think we will hit 40p. DX have said trading is inline with expectations for H2 so unless things go south in the last three months for some reason we'll hit expectations and the second half dividend. How is sentiment going to change to meet 40p. A 35-40% increase in the SP with further dilution. I think we'll be lucky to sustain anything above 35p. The market isn't following the positivity.

To well looked after these DX's directors aren't they to say the least and 35M share options still outstanding. Don't think my bail out point is that far away.!

Ports. I agree with your sentiments on DX and the AIM in general.DX's current mcap is pretty punchy at 175-180m.Markets will have built in growth of 10-15% PA and an increase in margin. It's not really driving sentiment andi don't see that a proportional increase in dividend will have any great affect. Historically DX's growth has always come from sustained director buying over a period of time, depot openings and steady turnover growth / and profitabilty has done nothing to the SP but got us to the position of a dividend payment..I really struggle to see where SP growth above 40p is going to come from. Share buy back probably.
THe AIM really is a very strange place. One of my shares has 83M in the bank., paying a dividend .. no debt and a mcap of 50 odd million. If only I had the money !!!

Sarchasm doesn't suit you pokerchips. Seems to me that alternative views and general thoughts and observations from
a w...n won't be tolerated on this board. Anyway I've had some fun reading your posts and I hope the bird fan club on here and advfn realises it's dreams. I knew it was a mistake to come back.

Well I have a different view Pokerchips and that's what makes the world go round. I may be a cynical old goat but these interviews are almost exclusively for the private investor and how many private investors lose money on AIM shares.. you and I know the percentage is frightening. Whether it's detailed analysis or not... there are no difficult questions...on lost customers for example..... it's spoon fed promotion. If it is paid for as you say and you may be right I don't know... that should be made very clear in any interview so the potential investor is fully aware of it.

I do Pokerchips but it's of interest in this case. All they do is give the companies involved the oxygen of publicity to the poor private investor presenting the"everything will be ok and it's looking rosy for the future"scenario. Proper analytical financial interviewers would have a field day but that would put private investors off so that's not going to happen. After all they need to butter the PI's up for the next fundraise on the AIM.

We'll Poker... Those interviews were like a supporters club. Not one difficult question which there should of been just oh... bye the way you are still losing money. Ian's response well... there'll be further expenditure this year before roll out so they'll still be losing more money. It's been kicked further down the road. Good that Ian is back at work and I didn't think he looked very perky. SW share purchase smacks a little of "Crickey... What happend to the share price... do some thing someone.!!. I don't think they thought the markets would respond so negatively.

We'll, the markets have reacted very negatively. People are looking past the positivity fluff and at hard facts. The previous strategy just isn't producing the results and there is so much uncertainity moving forward... not only on the product but the timeframe. People are putting their faith in Sumit and Mo.. what happens if they leave?. IM not turning up was a PR disaster however it is dressed up.

Some fair comments there pokerchips. IM really looks in my view a bit of a fool especially with his "shockwave" comment.

You said many moons ago that Birds value was in its IP. Do you still think this is the case with it's slightly changed development strategy it now has. Things move on and it may not have the value it once had.Because if it isn't bird are likely to be rapidly overtaken by much bigger pockets. Sumit I think will become the focal point of the business and I should think he has a wry smile with ten million or so in thebank. Lets hope it's used wisely and not for more feathering of the nest.

We'll, what a disappointment that was. The trouble with bird is that too many people talk a good gamed haven't produced and now it's Sumit's turn. To some degree the event was saved by him.Other presenters looked totally exposed and spun as best they could.
IM has hung his hat on a strategy that isn't working half as well as they thought. Very poor that he wasn't there although ill it seems but there are ways of conveying confidence even remotely by him. It would have been far better and easier to postpone if that was the case. I think there is more to it and it wouldn't surprise if he wasn't there in the foreseeable. So where are bird now.... exactly where they have been for years... losing money and promising riches in years to come... whilst building a business on ever shifting sands. Over to you Sumit !

Maybe Pockerchips... They are turning over on average 55K a week and boy that's is a tiddler. !!

They have the gall to say they are in a strong financial position. Money in the bank is not a stong financial position, they are losing money and turning over peanuts.My money is on a another fundraise within the next 12 months to 18 months.

Pressure is on boys !!

Its actually really disappionting and confirms that bird is a massively risky share.!