DSG International (DSGI, 55p), Dixons to you and me, hits the radar as a possible recovery stock.

On July 7th the ‘new’ CEO John Browett bought 125,000 shares at 38p, investing £47k.

Last Friday non exec Andrew Lynch bought 20,000 shares at 50p, investing just £10k.

These are the first decent purchases by directors of DSG in almost FIVE years, with the exception of non exec John Whybrows solo purchase on 21st June 2007 of 95,000 at 163p.

At the moment DSG will go on the ‘WEAK signal‘ list, pending further purchases by the same or other directors.

For a recent article on DSGs ‘past mistakes’ see The Times here.