The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
now a big sell just reported from friday trading...
And a 220k buy reported from yesterday as well.
There was a lot of shares traded last week. Am interested in your "off-market" insight?
More importantly this claim equates to 137p/share excluding cash at bank
@Malbright01: I thought the RNS did a better job at providing cash value.
Cash and term deposits on 31 December 2019 (excluding cash within businesses classified as held for sale) totalled £71.6m. Total cash following completion of the sale of the Healthcare Services division, is approximately £90m representing approximately 195 pence per share.
The new strategy is allowing DX to start moving towards earning an appropriate return on services that customers both need and value. Our 18p price target (+31% upside) is derived using a market FCF yield in calendar 2021, but we highlight that expected growth into 2022 would generate 30p.
In a positive H1 update, DX has confirmed it is on track to achieve full-year expectations. H1 trading is described as
encouraging, with performance benefiting from improved service levels and increased new business. Further progress is
expected in H2. We reiterate our view that DX is well placed to continue along its recovery path, providing a service that
customers both need and value. We believe that the free cash flow potential post turnaround will support a significantly
higher share price.
The buying continues
Willec I mentioned this friday. Its thought geopark might be buying up shares . I am not convinced. I tend to lean toward the party is just starting. But who knows your guess is as good as mine.
Have those buys have just appeared? Buying to make 1.6% on a trade
15-Nov-19 13:55:49 18.90 3,000,000 Buy* 567.00k O
15-Nov-19 13:33:57 18.89 1,450,000 Buy* 273.91k O
15-Nov-19 08:49:52 18.84 2,000,000 Sell* 376.80k O
15-Nov-19 13:31:13 18.89 2,892,600 Buy* 546.41k O
15-Nov-19 13:33:45 18.89 1,450,000 Buy* 273.91k O
15-Nov-19 17:14:20 18.9414 2,529,504 Buy* 479.12k O
15-Nov-19 16:57:34 19.0791 2,000,000 Buy* 381.58k
Interesting!
Also the 25M USD Aviva Canada claim which is ongoing and worth another 40p/share.
I tried buying on the open market and couldn't get a price. Very suspicious!
I've seen a lot of figures today. Anyone else calculated £6.08/GFRD share for the issue, £2.70/GFRD share for the cash, £0.75 for the rump based on today's PE? Feels today share price is still heavily discounted.
Be patient
Good factual post ttb. I agree
I cant see the article that mentions law firms can someone post the link please? LSE news mentions "allegations" - it comes at an odd time. I'm speculating but is someone trying to sabotage the deal I wonder.