Updates

DX Group

October 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.

Shares in DX have woken from their slumbers and nudged towards highs after the group announced the opening of three new depots, at Dewsbury, Grimsby and Luton, adding over 75,000 sq. ft. combined capacity. That takes the total number of new or upgraded sites in 2021 to nine and at least underpins its target of opening 12 new depots over the next two years.After a period of consolidation I think the shares could break out again following full year results in late September. CEO Lloyd Dunn’s purchase of 312,500 shares at 32p on 5 July only adds to my confidence. Strong hold. ...

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Vistry

Sylvania Platinum

DX Group - Bid agreed; gain 161% (January 2024)

DX Group - Possible 48p-a-share offer (November 2023)

DX Group - Acquisition of 15 Tuffnells sites heralds step change in growth prospects (September 2023)

DX Group (March 2023)

DX Group - Eps to double over three years; prospective PE just 5.3 (ex net cash) (January 2023)

DX Group - Moves to remove Chairmen could put both shares “in play” (December 2022)

DX Group (August 2022)

DX Group - Liberum upgrades price target to 55p (December 2021)

DX Group - FinnCap raises price target to 51p (July 2021)

DX Group - Third upgrade since last November (April 2021)

DX Group - Trading materially ahead of expectations (March 2021)

DX - Trading Materially Ahead of expectations (January 2021)

DX Group - Parcels shipper benefiting from Covid related pre-Christmas surge (December 2020)

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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