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By who though?
Their High street exposure would put a lot off at present imo.
At these silly prices Dixons could be just swallowed up, did I say 5 or 6% you decide-make my day!!
I did say 90p was coming ;-)
Massive call from the board today must have been pre planned, it can go two ways one fight back begins or just like when you are trying to prop something up and this is begining of the end.
The directors have bought quite a lot of shares today.Drop in price too steep and over next few weeks will rise.Although they have a lot of problems with training and poor staff,there are few other electrical shops around these days because there is very little margin,so them being so big will support them long into the future
Skier - I think you are completely wrong with that assertion. Of course you can get big ticket lines online but many many people much prefer to visit a store when investing so much money and see the product, get advice and have the confidence of resolving any issues should things go wrong. I know many people will visit and then buy online but many will do that from Currys website anyhow, safe in the knowledge they can return to a physical store. Advice is also key, electricals are more and more advanced and many people want support which is simply not available from a random website where you can get something £10 cheaper on a £500+ item. It's simply not worth it for many.
I believe Currys will be fine, retail is in a malaise for sure, but it will come back in some form, customers will always want bricks and mortar and I believe Currys will be around for a few years yet. I bought at £1 this morning, already well in profit, dividend is strong and looks reasonably safe, and I have not as yet decided my exit point, but I am very confident it will be at least 50% gain before I do and maybe even a few pence divi along the way. A no brainer in my opinion.
Well done!! Profit is a profit, but I have a feeling sp will travel tomorrow and hopefully in positive direction.
later not late lol
Bought £10k worth today and sold a bit late and made 10% easy money however sold too quickly, could have made 20% but never mind £1,000 gain.
ATB
Bob
Managed to get myself out of a big hole with a massive loss on Dixons, I bought more this morning to average down to 118 and broke even plus a little to pay the commission , , I am out , Sold the lot , Profit for a cup of tea and a cake!!! Cannot believe my luck!!! I am happy . GLA
Now waiting for my Bids to make me rich
Everyone who bought in at this morning price though ... well done. GLA Cant understand how the stock markets are doing so well all around the world. DOW up again 200 plus points. Problems everywhere and there flying. wow
Turn around. Now down just 5% from 27% at 8am
4k items not many are sold on a day to day basis if you think they are your sadly mistaken, they sell 12 items over 4k!!! So you buy how many tvs a year?
As for big boxes loading cars that may be true but its down 22% at 180 million.
How many 4k items? Well quite a lot! As every time I go to my local curry's people are loading up their cars with big boxes. I m sure it's not staff pretending to customers. The problem is their mobile business and nothing else! I am happy with my position today. Already up 17% and hopping for more tomorrow.
Just read the BBC article on the business and see what people think about it, needs a complete image change
For a 4k plus item lol .... thats the problem all in one there.... How many 4k plus items do you think they sell. People hate going as they think they are being shafted at every turn. Revenue down 1% with 400 million extra coming from that credit line, pension deficit has grown again. Carphone will be turned round in 2 years, no chance they havent got anyone in that business who knows how to turn round a complicated business like Carphone. My local shop is closing but no mention of store closures. Smoke and daggers thats all we have heard today.
I don't see DC going to 50p , that's just a silly and baseless comment. If they do fall to that level , I will look to sell my house and buy a truck load of shares. I still love going to curry's, whenever I need an electric appliance. I give u that if it's a cheap little item like headphones, I would go on line. But for a £4k plus item, forget online crap, go to shop in person and see what I am buying and who is getting my card details.....
Dixons-Carphone-PC-World look like another Debenhams.
The days of giant stores flogging cheap goods are over.
You can't spend £2m on store rent and £2m on staff salaries, and expect to recoup it by selling £20 headsets that customers will play with instore and then buy elsewhere online for £18.
Dixons should have downsized by -80% five years ago. They have left it far too late.
Could easily see this going under 50p in the coming months. The bears are in control.
I too managed to get some at 100p. ii would not give me firm price below that. Now I can sit back and watch it climb back up to 130 plus. Excellent opportunity with divis on top. Cant beat this, wish I had more free cash
You have made valid points about PCs and car phones. But this company is in a very unique position. In that I can actually see my electricals before I buy. Cant do that with likes of Amazon. I want to see how awesome the tv I wanna buy looks in reality and not just in some fancy photos on the web. They are the leaders in this...
Surely the Business will now be broken up and sold in stages. Wasn't someone interested in their Scandinavian business at one point? All the best, Welsh
Whilst it is a shame for any LTH here, the drop earlier to 90p was way overdone especially considering the dividend.
I managed to get in at £1.00, happy with that and expect a pretty quick and easy 20% upside, a dividend of over 6% based on buy price to boot, retail is struggling as we all know but DC will be around for a while yet and this SP will recover from current point IMO. Had planned to sell out at 20% but may just keep hold and see where this can go collecting dividend along the way
PC World - Who actually buys PC's anymore?
Carphone Warehouse - Who actually has a car phone anymore?
To blame the mobile market changing in the lasst 12 months is a poor excuse, this company hasn't changed since the 90s. Hats off to Charles Dunstone he saw the writing on the wall and sold Dixons a pig.
The mobile operators are about as loyal to DSG/CPW as they are to every other exisiting customer under a mobile contract.
This is like watching death by a thousand cuts. They need to be bold and make some serious tough choices to survive even the next 5 years. 5G & new handsets might be a lifeline to give this company it's last throw of the dice but it has to evolve imho
Not a major surprise while he talking about credit etc company dying a death. Bob dixons arent the saviour here its the package. Everywhere you look people complain about service... no one says service is great in Dixons crap at CPW. The person who spent an hour and half in Dixons buying a laptop didnt get great service have a drink relax let me show you what else we sell. No he would have got staff psuhing all sorts not knowing enough about products. The merger is a car crash for both companies...The Accessories are way over priced and the shops are not well staffed. They need an urgent IMAGE UPGRADE, train staff not kids on Min wage etc proper staff, sell more ranges of accessories and sort out the over priced repairs. And get out of PC World for starters.... maybe get a CEO who knows about service