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Perhaps it is overdue? I note CPW is up a similar amount - coincidence? (does some one know something, has there been a leak?)
Anyone know why ?
...is the deadline for talks (as you probably know). Would be a gamble to top up between now and then but I am tempted though.
I think all will be revealed one way or the other within the next month so don't sleep for too long! what ever happens I think people will stop sitting on their hands, several of us are in long term so just want to see the long term plan whatever it is. Have you seen this? LONDON, April 29 (Reuters) - Carphone Warehouse (LSE: CPW.L - news) , Europe's biggest independent mobile phone retailer currently in merger talks with Dixons Retail (Other OTC: DSITF - news) , reiterated full-year earnings guidance and posted a rise in fourth quarter revenue at its main CPW business. Carphone's shares are up 13.9 percent over the last three months, while Dixons' are up 2.4 percent. Carphone said revenue at CPW Group stores open over a year rose 2.3 percent in the three months to March 29, a seventh straight quarter of like-for-like growth, helped by growing sales of 4G superfast mobile broadband products. That compares to third quarter like-for-like growth of 3.1 percent. CPW's like-for-like revenue was up about 4 percent in the UK and flat in Europe. I think I would like it to happen, but we will have to wait and see, but should know soon.
Means I can continue my sleep into another month. Please give me a shout if anything worth waking actually happens. This has become the most boring share I have ever owned and makes watching paint dry seem like an orgasmic pastime. Paint that wall next luv...phew even the smell gets you going!!!
you know no news can be good news how many times do you see tips for companies, or people talking SP up with no substance to it. the best news or RNS is one thats got proper foundation to it and not hot air that lifts SP only for it to drop like a stone in water yes dns Sp has dipped a little and i do want merger with CPW BUT itsnot a deal breaker dxns can and will continue to do well on their own. me personally i have a few stock i keep long term DXNS will be one and a some stock thats are just guess punts i am in for long haul with dxns and don't think i'll be let down
Hiya mate hope you are well, its a minimum imho but anything can happen here. ATB Bob
Xmas? If we are not at 65p by end of June I am out!
yes i agree with that, come christmas i can see us being on at least 65p as a minimum if not more imho. ATB Bob
will seem very very cheap in the not to distant future
Always disappointing to see the price drop and not having sold at the peak but I don't have the nerve to day trade – In it for the long term which no matter what happens with the merger is I think going to be good. Quiet here as stated but with two big dates coming up and no information about what the news will be ( guesses aside ) then maybe no one has much to say. Not sure of time scale but external factors disregarded (Ukraine, China's banks etc) I am hoping for this share to keep its upwards trend. They need to be in the phone/tablet business but the merger being good for them depends on the terms being right. Shorting is a bit higher than recent months at 3.31% but still much less than the 7 – 8% it was for quite a while. Whatever happens I hope a dividend turns within a year or less as that will hopefully be the trigger for a good rise in share price.
Personally I sold up earlier this month at 47p with a view to buying back in shortly. I am by no means a trader but the lock down on news gives little room in my opinion for upward movement (bar any leaks - this appears to be water tight). As you noted, we are now in the final run up to the full year results and the merger news (possible both together + news on dividends + Easter trading statement all in a very short space of time). These should give a boost to the SP and I want to be back in for that.
.. I agree with everything you said yesterday ..
Very quiet on here guys??? 3 weeks untill full year results are in - 15th May 31/2 weeks for news on merger if not sooner - 19th May If results are below target and merger does not go ahead I expect SP to go slightly lower (if this happens I am not that bothered - long term holder) Fingers crossed that results are as expected or higher and merger goes ahead. What would the SP be then? 60p+? My money is on good results and merger going ahead - what does everyone think? views please. ATB Bob
check his posts; a tourist and yellow ..
Could it be, they are sittlng back ,like spiders in a web,waiting for the next catch,whilst also ruthlessly pursuing cost cutting measures ,implementing quality check system, developing exact time delivery and looking at growth opportunities?.
Is someone goblin them up ??
Seeing that Dunstone knows the game could possibly be up for his businss, he may be more user friendly and flexible so a deal can be hammered out. Also something in it for DXNS, tapping into mobile.
If the merger goes ahead then this is a bit of a game changer for CPW as they have more retail outlets throught Dixons, so the mobile phone networks will want to be in and not out imho. ATB mate, Bob
I didn't read the whole thing because of time but very good post and link. I think that most people who buy their 1st smartphone from somewhere like CPW maybe on impulse but then the network gets hold of them which means that the customer is being sent offers all the time.. CPW are the middle men. I do think that it would be good for both companies if they also think about distribution. There is a lot of buy online and pick up services which seem to have done well in the last sales.
http://www.theguardian.com/business/2014/apr/14/carphone-dixons-merger-charles-dunstone ---- Intriguing and a reason why DXNS should be given a premium. Dunstone knows that sooner or later the operators (EE, Voda, etc.) will reduce their exposure to third party retailers. Its currently is at 20-25%, if its goes to 10% for example (which seems to be the strategy for the big operators), then CPW profits will reduce by 50%. CPW are in a losing game it seems... hence they are trying to get in to tablets, PCs and other electricals. Dunstone saw it a long time ago hence he tried going in with Best Buy - that failed. Now he is on a last line and hence HE/CPW approached DXNS, not the other way around. They need it more than DXNS do, and DXNS and Seb will be well aware of this. I still think talks could tumble as DXNS must ask for a premium, as if it is a merger of equals they are inheriting a diminishing business.... Views please gentlemen?
I had not got back int this share, had to sell for a big cash loss today !
bought some before at 44 here's hoping they go down a little then up up and away, please dont kill my dream lol
Its not just Dixons, there is a small market correction on, just wished i waited rather than buying in on friday at these low prices, i never get it right lol. ok off to work now speak laters all Bob