The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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The issues with mobiles are here to stay and it affects young and old alike,the new features are so ridiculous that very few people are interested. Take the x when it was launched,the feature they were shouting about most was face recognition.Really? do people rush out to buy a new phone because of a security feature!!!!!! Every time I look sim only gets cheaper �7 a month with 2.5gb data and 1000 min calls and unlimited texts, cant see companies are going to be getting rich fast at those prices. The golden days of highly profitable 2 year contracts are gone forever imo.
at 'upgrade' time. Said 'what new phone can I have'. Was told I didn't need one, just a new deal and to use the cloud to free up space. New phones aren't that much more wonderful any more.
Things were begining to look promising then hey once again SP takes a tumble. However, iv'e allways been in for the long term so as long as we keep receiving a respectable divi then I will keep riding this roller coaster.
Me thinks the drop is over done. We may see near to �2 today even. Same thing happened on WMH a few days ago. DC has a decent online offering and Click and Collect is always useful function via stores and people often forget that. Agree that sentiment is not good atm but I am a bit optimistic. GL all.
the climb to 230 was too good to be true...however despite the usual shock profit warning yet a bloody again before any official results they maintained the divi so some yield....reckon we are stuck between 175 and 2 for some time so perhaps trade this...12 months time we should start moving upwards as confident in the new CEO and the team he's brought in.... retail stocks...?....who'd invest in them eh?
I think we know the operational problems of Dixons, so I'm going to point out the financial implications of this restructuring. People shouldn't forget that �1.8bn of value was created out of thin air during their merger with Carphone Warehouse. Having said that, profit plays an important role and investors can put aside the fear of a write-down if profits are stabilising or growing. Now that profits are weakening and a restructuring plan to close stores, one can't help to think that Dixons will take this opportunity to impair their enormous amount of goodwill which totals �3.1bn.
Furry coat is right, although I wish that he was not. Mobiles are like my purple loons; pretty hot in their day but now they are yesterday's fashion. Dixons will have to cut costs by dumping as many of their terrestial outlets as possible and then herd the remaining staff into those Godawful call centres. But it will take a while and I don't like the idea of hanging around for it to happen. With luck this is just the usual first day of the week panic so I will wait for the shares to crawl back a bit (200p?) and then jump ship.
couldnt give a monkeys about shorts getting rich.Hate them!
The view I’ve expressed isn’t just mine. The boss clearly stated the “not upgrading” situation in the results. Good luck though...hope you get the bounce!
That just you're opinion and in my opinion you're wrong. Sim only might be 'all the rage' in the 50+ demographic who don't see the point in having the latest technology but with phone companies bringing out the latest models constantly there is always a demand to be with the latest trend. Carphone warehouse also offer to buy people out of their current contract to get them signed. Very appealing for people who can have what they want when they want it! This is just one factor in the business. This is a buy. Won't go any lower than 175. Easy 5/10% :) GLA
Is destined to struggle. People dont need to renew phones like they used to so SIM only deals are all the rage. My contract is £12 a month SIM only, organised directly with my service provider. Combine this with heavy retail cost commitments and you have a recipe for huge challenges. Definite Sell.
Sub £1.50 in days ahead. Got to be a great short play IMO. GL to all long or short!
What are u on about? Stop de ramping because u missed the entry point. Results are ok and New ceo is quality
....did nicely in at £1.57 took decent divi and out at £1.83....not beyond realms of possibility it could happen again here but I feel only way is down. Risk huge if you are buying in now.
Much worse than last time there was a big drop in SP. Enormous gamble to buy in here at the moment. Sell.
Just when it was looking good ,this carp company lets us down big time again(and again)
Yeah, exciting times! Very hopeful for good results. Anything more then �350m+ in profits and we should be up up and away me thinks. SP keeping near to 230p as well. Hoping for 300p soon. less than a month left now, GL all.
getting a bit exciting now....the last 3 months have been cracking....prelude to the results....assuming these will be awesome funnily enough..similar pattern with M&S....is retail recovering?
This is ticking up nicely
you hardly need stores for phones now...a fraction yes, bit like the apple stores...but no on every damn high street...its a good thing and there's always jobs for retail staff....GOOD NEWS....I'm going to stick my neck out and believe that DC. 's main results will echo the successes in Ireland and Greece....back above 240 in June...shame we have to wait till August for the ex div
Store closues are tough on the poor sods who lose their jobs and I reckon a call centre isn't much of a step up from battery farming, but it should cut costs and will do the share price no harm at all.
Store closures are not necessarily a bad thing. Getting rid of dead weight is good - cost saving and streamlining the business. This looks positive to me.
Carphone Warehouse to close 90+ stores
Well the new man is certainly not being slow to make changes with many of the former top managers now gone.Looks increasingly like Seb took his eye of the ball towards the end.The chart looks much more positive too if we see some positive signals particularly in the mobile area when they update in June then these could really motor.
going through today....which is nice to see as we hit almost 220....what a difference 6 months can make....just goes to show be greedy when others are fearful....mind you mothercare, carpetright, laura ashley etc scare the bejesus out of me..