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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

DX Group - Parcels shipper benefiting from Covid related pre-Christmas surge

December 2020

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:
  • 18p
One of the major consequences of coronavirus is that we are ordering more goods for home delivery than ever before both for work and to keep boredom at bay and even shares in struggling Royal Mail, 252p, have doubled from their April lows after it revealed its parcel division had increased sales by 33% in the five months ended 31 August. A smaller logistics firm catching my eye has been DX Group, a leading provider of next day delivery services in the B2B and B2C markets in the UK and Ireland. I found finance director David Mulligan in fine form when we spoke over the month, with DX having just announced final results on 17th September that were strong enough to trigger upgrades to forecasts. As Mulligan explains, the company is part way ...

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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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