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Share Price Information for Currys (CURY)

London Stock Exchange
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Share Price: 77.50
Bid: 76.90
Ask: 77.05
Change: 0.90 (1.17%)
Spread: 0.15 (0.195%)
Open: 78.95
High: 78.95
Low: 76.30
Prev. Close: 76.60
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Sunday share tips: Jersey Oil&Gas, Currys

Sun, 30th Apr 2023 15:38

(Sharecast News) - The Financial Mail on Sunday's Midas column recommended investors buy shares of Jersey Oil&Gas

Focused on the North Sea Buchan field and others in the area, the outfit was in the process of finding investors to help finance the former.

Earlier in April it clinched a deal with NEO Energy, which is backed by a £7bn Norwegian investment firm and which took a 50% stake in the Buchan field.

Jersey is now looking to find investors to whom to sell another 30% interest in the field.

The field was estimated to hold nearly 100m barrels of oil or some 30,000 barrels a day worth of crude oil production.

"Hopes are high, as the field is well known and several North Sea operators have already expressed their interest," Midas said.

The company also stood to benefit from government subsidies for investments in the North Sea which could allow it to skirt the existing energy levy thanks to a substantial tax break.

Furthermore, new oil supplies were expected to fall dramatically over the next decade, while consumption was not expected to do the same, Midas pointed out.

"With decades of experience and a clear plan for the future, [Jersey Oil&Gas boos, Andrew] Benitz, should deliver results. At £2.45, JOG is a buy."

Shares of Currys may be a bargain at current levels, the Sunday Times's Lucy Tobin said.

The shares halved in value at the onset of the Covid-19 pandemic as part of the market bet against its future. They had since kept on falling.

But the electrical goods retailer had reduced its debt pile by nearly two-thirds and the shares were trading a third cheaper than its historic levels.

And its upcoming trading update might deliver a pleasant surprise, she said.

Its UK business had seen its gross margins grow thanks to increased sales of its service add-ons, including credit, insurance and repairs.

Management had also slashed £300m from its costs thanks to improvements in its supply chains and IT systems.

According to Liberum analyst, Adam Tomlinson, that could stand the company in good stead once consumer confidence grew and sales began to improve.

Pessimism around its Nordic operations may also be excessive, Tomlinson said.

More News
18 Jan 2023 11:25

Currys shares rise despite 6% fall in peak-period like-for-like sales

(Alliance News) - Currys PLC on Wednesday reported a fall in like-for-like sales in its "peak" sales period, the 10 weeks to January 7.

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18 Jan 2023 08:59

LONDON MARKET OPEN: Sterling surges on "sticky" UK inflation

(Alliance News) - The pound rose and London stock prices opened tentatively higher on Wednesday, after UK consumer price data boosted expectations for another 50 basis point hike from the Bank of England in February, despite a better-than-expected slowdown in headline inflation.

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11 Jan 2023 15:45

UK earnings, trading statements calendar - next 7 days

Thursday 12 January 
ASOS PLCTrading Statement
Big Yellow Group PLCQ3 Results
Dechra Pharmaceuticals PLCTrading Statement
Foresight Group Holdings LtdTrading Statement
Gym Group PLCTrading Statement
Halfords Group PLCTrading Statement
Hilton Food Group PLCTrading Statement
John Wood Group PLCTrading Statement
Pharos Energy PLCTrading Statement
Persimmon PLCTrading Statement
Marks & Spencer Group PLCTrading Statement
Mitchells & Butlers PLCTrading Statement
N Brown Group PLCTrading Statement
Tesco PLCTrading Statement
Whitbread PLCTrading Statement
XP Power LtdTrading Statement
Friday 13 January 
DFS Furniture PLCTrading Statement
MJ Gleeson PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Monday 16 January 
Ashmore Group PLCTrading Statement
Hercules Site Services PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Rio Tinto PLCTrading Statement
Tuesday 17 January 
Alliance Pharma PLCTrading Statement
Card Factory PLCTrading Statement
Crest Nicholson Holdings PLCFull Year Results
Experian PLCTrading Statement
Genel Energy PLCTrading Statement
Hays PLCTrading Statement
Henry Boot PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
Ocado Group PLCTrading Statement
Petra Diamonds LtdTrading Statement
Ramsdens Holdings PLCFull Year Results
Safestore Holdings PLCFull Year Results
THG PLCTrading Statement
Wise PLCTrading Statement
Wednesday 18 January 
Associated British Foods PLCTrading Statement
Burberry Group PLCQ3 Results
Currys PLCTrading Statement
Diploma PLCTrading Statement
Galliford Try Holdings PLCTrading Statement
Gateley Holdings PLCTrading Statement
Ibstock PLCTrading Statement
Kenmare Resources PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
Midwich Group PLCTrading Statement
Pearson PLCTrading Statement
Rathbones Group PLCTrading Statement
Vistry Group PLCTrading Statement
QinetiQ Group PLC
Trading Statement
WH Smith PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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22 Dec 2022 15:44

UK dividends calendar - next 7 days

Friday 23 December 
Crystal Amber Fund Ltddividend payment date
Digital 9 Infrastructure PLCdividend payment date
FirstGroup PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Pollen Street PLCdividend payment date
Monday 26 December 
no events scheduled 
Tuesday 27 December 
no events scheduled 
Wednesday 28 December 
Diversified Energy Co PLCdividend payment date
Thursday 29 December 
AB Dynamics PLCex-dividend payment date
abrdn Japan Investment Trust PLCdividend payment date
Artemis Alpha Trust PLCex-dividend payment date
Cerillion PLCex-dividend payment date
Currys PLCex-dividend payment date
Develop North PLCdividend payment date
DFS Furniture PLCdividend payment date
Global Smaller Cos Trust PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Grainger PLCex-dividend payment date
International Biotechnology Trust PLCex-dividend payment date
Jet2 PLCex-dividend payment date
Schroder Asia Pacific Fund PLCex-dividend payment date
Schroder Income Growth Fund PLCex-dividend payment date
Troy Income & Growth Trust PLCex-dividend payment date
Value and Indexed Property Income Trust PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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16 Dec 2022 12:05

LONDON MARKET MIDDAY: Poor economic data weighs on stocks and sterling

(Alliance News) - Stock prices in London were lower at midday on Friday as recession fears continued to weigh on sentiment following poor economic data out of the UK, a day after the Bank of England lifted interest rates by half a percent.

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16 Dec 2022 09:14

LONDON BROKER RATINGS: Barclays cuts Bunzl to 'underweight'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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15 Dec 2022 17:03

CORRECT: LONDON MARKET CLOSE: Stocks down as BoE and ECB lift rates

(Correcting CAC 40 and DAX percentage changes.)

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15 Dec 2022 17:00

LONDON MARKET CLOSE: Stocks down as BoE and ECB lift rates

(Alliance News) - Equities in London closed lower on Thursday as interest rate hikes from the Bank of England and the European Central Bank, as well as bleak economic forecasts, sent a chill through global markets.

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15 Dec 2022 12:23

LONDON MARKET MIDDAY: Bank of England lifts rates by half a percent

(Alliance News) - Stock prices in London were lower at midday, after the Bank of England raised UK interest rates by half a percentage point, as expected.

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15 Dec 2022 09:57

TOP NEWS: Currys swings to interim loss on revenue fall and impairment

(Alliance News) - Currys PLC on Thursday reported a sharp swing to a loss in the six months that ended October 29, due to an impairment and increasing costs and as revenue declined amid disruption in the Nordic region.

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15 Dec 2022 09:25

LONDON BROKER RATINGS: Goldman Sachs likes Big Yellow, Great Portland

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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15 Dec 2022 07:49

LONDON BRIEFING: Lower open ahead of BoE, ECB; Currys swings to loss

(Alliance News) - Stock prices in London are set to open lower on Thursday, after the US Federal Reserve raised interest rates as expected and ahead of three more central bank decisions.

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8 Dec 2022 15:46

UK earnings, trading statements calendar - next 7 days

Friday 9 December 
Anglo American PLCTrading Statement
Associated British Foods PLCTrading Statement
Berkeley Group Holdings PLCHalf Year Results
Diploma PLCFull Year Results
Taylor Maritime Investments LtdHalf Year Results
Monday 12 December 
Coral Products PLCHalf Year Results
Tuesday 13 December 
Begbies Traynor Group PLCHalf Year Results
Chemring Group PLCFull Year Results
FRP Advisory Group PLCHalf Year Results
Global Ports Holding PLCHalf Year Results
Hyve Group PLCFull Year Results
Ocado Group PLCTrading Statement
RWS Holdings PLCFull Year Results
Sosandar PLCHalf Year Results
Zytronic PLCFull Year Results
Wednesday 14 December 
Cohort PLCHalf Year Results
CyanConnode Holdings PLCHalf Year Results
Foresight Sustainable Forestry Co PLCFull Year Results
IntegraFin Holdings PLCFull Year Results
SThree PLCTrading Statement
Tui AGFull Year Results
Watches of Switzerland Group PLCHalf Year Results
Thursday 15 December 
Biffa PLCHalf Year Results
C4X Discovery Holdings PLCFull Year Results
Currys PLCHalf Year Results
Libertine Holdings PLCHalf Year Results
RWS Holdings PLCFull Year Results
Serco Group PLCTrading Statement
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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10 Oct 2022 09:33

LONDON BROKER RATINGS: HSBC lifts Fevertree; Jefferies likes Balfour

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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7 Oct 2022 17:32

DIRECTOR DEALINGS: Aviva CEO tops up stake in insurer, buys BP shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on since September 30 and not separately reported by Alliance News:

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