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Should be a busy Christmas for DX Group and the recent expansion news should help the stock performance

That's a very positive move after the recent turmoil

With Bybrook adding It's fair to say that they realise the value

The news which flowed during the stocks suspension and the recent results confirm that this should not be trading at the current valuation.

Certainly is. Been through a rough time and due some interest.

https://www.chargedretail.co.uk/2022/10/07/dx-group-launches-electric-vehicle-programme-with-ikea/

FinnCap research note. Adjusted EPS of 2.8p for y/e 30.6.2022, 3.4p for 2023 and 4.0p for 2024. Dividend of 1.5p for 2023 and 1.7p for 2024. Net cash £27m 2022, £40.6m 2023 and £54.5m 2024.

£27m is 4.7p a share. So an 2022 (which ended in June) ex cash P/E of 6.0. If they hit their numbers for 2023 that falls to 4.2 for 2023.

Should be 40p+

Hopefully the large trade just posted is confirmation.

missed this bit in the excitement:

As previously announced, the wider impact upon Trackwise of the lower production volumes for the EV OEM is that additional funding is required and Trackwise is reviewing a number of options for additional funding with its advisers and will provide further updates in due course.

20p coming

Just over 4M I make it

So the advance payment equates to more than the current market capitalization of the company

I know which one I would take

https://www.proactiveinvestors.co.uk/companies/news/994688/cmc-markets-analysts-upgrade-earnings-forecasts-for-full-year-994688.html

52 week high of 181.5p
Currently 33p
22.3M M/C

If you look at the chart there is a big gap to fill at over 70p

Well the question here is ....is it stirring from it's sleep

TPT and VIC both came out with good numbers. If that's a read across for the sector then I am anticipating that we could see a serious return on investment from this level at CMO.

Giant is a better word to use :-)

Market likes the numbers and the news. Could see this back to 300p

Well Topps Tiles have come out with a market pleasing update. This can only be good news for CMO division Total Tiles.

The Group delivered strong revenue growth of 10% for the six months to 30 June 2022. One-year LFL* sales of 2 % (Superstores at 5 % and Total Tiles -10%) against particularly strong comparatives. Two-year LFL sales growth was 29 %, and on a three-year basis the Group has delivered revenue growth of over 85% and a 39% increase in market share to just under 1% accentuating the enormous growth opportunity. There was particularly strong performance in Door Superstore (+24% LFL) and our dedicated Trade vertical which saw growth of 45% LFL

Gross profit was GBP8.5m (20.3%) for the first half, an increase of c.1% compared to H1 2021 GBP7.4m (19.4%). As previously reported during Q2 the Group experienced a number of short-term pressures on margins, in common with the industry overall. These included higher carriage costs and increased energy costs, albeit the latter is a relatively small cost overall for the business. Commodity cost inflation continued during the period and was particularly apparent in energy rich products such as tiles. We continue to pass through these costs while maintaining gross margin and managing our competitive position.

Those results were not as bad as the share price would have you believe. Even the forward looking statement is pretty positive. Bargain entry point.