Member Info for Sisteract

I don't know Pokerchips. Bird have had some pretty big names onboard for quite a while now and it's never been translated into figures. So what...yet another big name.. 400K a year over 5 years... well that's really going to shoot the lights out. I really don't know where this heading....maybe it's the start of something..maybe it isn't and in my opinion the" trust us ' jam tomorrow approach that bird seems to have adopted is waring a bit thin.!

What was that a few months ago !!!!! shockwaves through the industry !!!!. Is IM prone to exaggeration !!!??

Since when do AIM listed companies do anything for the convenience of their private investors. ?? Most of the time they are just a source of finance. Not so much in DX's case though. !

Interesting that there seems to be a bit of rush to exercise share options. I wonder why that would be. !!?

Well Yes, obviously Frogjumper. Everyone's spins in self interest.. that happens all the time. It was just an innocent conversation with a postie. In fact in her case it was more about the change in her hours rather than the current pay offer.

No probably not but I was just repeating part of a doorstep conversation and it's always good to get comments from the sharp end. ! She actually provided some interesting views and it's not exactly in her view as it's portrayed in the press but it doesn't disguise what a complete mess they are in.

Yes Ports, it's one gigantic mistake for want of stronger word. Not only very costly in financial terms but it also cost them their jobs. They must look back on it and wonder what they were playing at. !!. I really hope we don't see Lloyd again.

Interestingly, I was talking to the postwoman in the small village where I live yesterday and she was telling me of Royal Mail's troubles, how much business they are losing to evri and the other carriers. Apparently, the rumour round the camp fire is that IDS will be split up and businesses sold off as it's only GLS that's making any money.

Yes ports 75m in outstanding options is a lot. You’d think that if a dividend is not far away these will be exercised. DX are going to need a couple of exceptional years in profitability and free cash to finance the expansion, possible dividend, share buy backs etc, etc. All in the face of a contracting economy and serious recession. !

At the bottom of the appointment RNS today.

Manu. The new chairman Mark Hammond has 700,000 shares in DX. Ie : skin in the game. That’s good news.

I'd agree with that Ports. I for one was very critical of Gatemore throwing their weight around but it seems to have been of benefit to us all. They obviously have the backing of the other Institutional shareholders and will still have their hand on the shoulder of the new board. We are a long way from the conspiracy theories earlier in the year. Hopefully DX can now concentrate on doing what they do best. Hopefully with a new CEO and Non Exec vacancy to fill we will have a team focussed on growing the business and enhancing shareholder value. Please to see the new chairman has skin in the game.

Ports... I'd agree that the lack of info on a new CEO(acting or interim) and Shareholders meeting is strange, but then again information feed is not one of DX's strong points. I'm beginning to wonder if the groundwork is being laid for Lloyds return. After all it's just a continuation of his strategy and reading between the lines I think Gatemore may want him back. I also think you are right regarding RS share options and that detailed negotiations are taking place.

We're all concerned about the share price, but the heard won't be coming to DX... why would they. I've revised my view and expectations If we got over 35p next year I think I'd be jumping through hoops. Talk of 57p and VOX markets £1 is just fodder for the gullible private investor imho.

There is no one individual responsible email. It's a complete failure of the board that is why most of them have gone one way or another. Just Ron Series to go.

He was asked to return to the position of Executive Chairman by the board on the 6 September and it was stated he would be in post until a new CEO was appointed. Perhaps this pressure from Gatemore tells us that the announcement of a new CEO is imminent.

Yes of course. It's just my assumption and view. It may well be that Lloyd was happy to go and wanted out and he thinks Ron Series does a good job. I think that is unlikely but it may be true.!

Lloyd has a 10% shareholding. I can't imagine he'd be happy that Ron Series is still in post. Corporate Governance was his remit. It is primarily his handling of this shambles that must have been the root cause of Lloyd leaving DX. Regardless of past relationships things change. The previous board were all well known to each other for a very long time and it completely fractured.Ron Series in my opinion has no chance of surviving. Even if Lloyd supports him I don't think it will make any difference. He's swimming against a tide of sentiment against him.

Why wouldn't Ron Series just resign. As long as over 50% vote for removal he will go. I think it would be nailed on with the two biggest shareholders and Lloyd voting for any resolution for removal. I don't think he has any chance. I thought if the majority of the current board vote for him to go 75%, he is gone away. We don't need the added complication of an EGM.

Yeah... just filter Ports if you think his posts are a bit negative. Personal comments aren't necessary. I personally value his opinion, there is always a dose of well thought out reality. Business is tough and the headwinds are strong. At least he doesn't ramp like most AIM boards with pie in the sky valuations like £1 from VOX markets.

just read the rns's. it's all there.

Yeah... it's good news that the suspension is lifted and the share price is roughly where most people thought. I'm keeping my powder dry though. The exercising of the substantial share options by Lloyd at any time and I would think he would do it soon if he thinks the value is good. So we will have a dilutive effect for while even with a staggered share buy back. I think there will plenty of opportunity to buy dx shares in the low to mid twenties for a while yet. I think anything 40p plus is at least end of 2023.

I don't see many DX vans in the rural north but the odd one I do see is reasonably clean. it must be all that big city pollution.

in notice that DX have a vacancy for a customer service advisor - ref... 'us embassy'. I wonder what that's about .