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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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DX Group - Third upgrade since last November

April 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DX.
  • Price:
  • 27.5p
Interims came in ahead of expectations, driven by strength in Freight (sales +19%), the powerhouse being 1-Man deliveries of irregular dimension and weight parcels, which is forecast to grow 75% for the year, representing three quarters divisional sales. Three new depots opened at Westbury, Oxford and Burnley, expanding the network to 45 with two more in H2 and a further four planned over the next two years, adding new capacity and lowering stem mileage costs.In DX Express, Secure Courier fell 5% due to well flagged cessation of the Passport contract and although new wins mopped up the spare capacity, a change in mix from B2B to B2C (as parcels were redirected away from shops and into households) reduced margins due to lower delive ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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