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Anyone have a clue what is going on? yesterday (against the market) up over 4% and so far today down 3% They are big movements? views?
Any one know what happened today? The pattern is we go down to £3 then pull up a bit, and back down we go! not enjoying this, after all these years, maybe its time to get out. (no big sells or anything, a lack of confidence in this one since Seb sold out) views?
Dixons Carphone isn't a sexy business, but its growth and impressive dividends are enough to interest me. https://uk.finance.yahoo.com/news/beaten-down-shares-beginning-look-081025544.html
Electricals retailer Dixons Carphone (LSE: DC) has fallen by 32% over the last year as concerns have grown about the outlook for high street retailers. The firm's recent results haven't really warranted this sell-off, in my view. Like-for-like sales rose by 4% during the six months to 29 October and also rose by 4% during the firm's third quarter, which includes Christmas. Dixon Carphone's headline earnings rose by 45% to 10.9p per share during the first half. The interim dividend was increased by 8%. Based on consensus forecasts for the full year, the group trades on a forecast P/E of 9.8 with a prospective yield of 3.6%. These shares may be worth a closer look. - Peter Stephens 04 March 2017
I still feel/hope that £3.00 is the bottom and we stand a chance of going up from here, and spend very little time at £3
Bilaal Mohamed: Dixons Carphone My top stock for March is Europe's leading specialist electrical and telecoms retailer Dixons Carphone (LSE: DC). The most recent trading update the company reported a fifth consecutive year of Christmas growth, with revenues up 4% for the 10 weeks to 7 January on a like-for-like basis, and growth in the UK & Ireland even stronger at 6%. Dixons Carphone continues to perform well despite the uncertainty.
I am very upset about the price however, we maybe very oversold: https://baldwinjournal.com/investor-corner-checking-the-charts-for-dixons-carphone-plc-dc-l/22714/ I think the directors have exacerbated the situation with their sells. I think (hope) that 3.00 maybe the resistance mark and we will (may) rise. If we do leave the 100 that is not good news. I hope that buyers will now come back in and aim not to get 'caught short' as we are still rated on Monday 27th of February as 12 analysts having a rating of “strong buy”, 0 analysts “buy”, 3 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”. Which is surely great news. Keep the faith (I wish we knew how the stores were doing? anyone on the inside give us a clue?) ( http://newsden.net/analysts-price-targets/recent-broker-updates-on-dixons-carphone-londc-5/452205 ) The Brexit situation is going to be a problem in many ways for the foreseeable future unfortunately. Views?
Looks a good call - a good time to buy with figures like DC have produced (but not for me as I am overexposed as usual!) I like us all, dream of a £5 plus price! goodness knows when that will ever happen - thoughts?
The fifth consecutive year of Christmas growth, with revenue up 4% on a like-for-like basis. This included a 6% surge in the UK and Ireland, and 5% in southern Ireland, with a 1% dip in the Nordics (although margins increased). The weak pound acted as a tailwind, with southern European revenues worth 24% more once converted into sterling, and the Nordics up 15%. Overall, revenues climbed 8% in sterling terms. Group chief executive Seb James hailed "another good Christmas period of growth" with customers still spending on new technology despite significant political uncertainty around the world. He also talked up "truly ground-breaking prices" across both Black Friday and the Boxing Day week sales, which it delivered while maintaining margins. The current valuation of 11.47 times earnings reflects that, while offering a tempting entry point. I think that markets are being a little too wary. Earnings per share forecasts look promising, with anticipated growth of 7%, 4% and 7% over the next three reporting years. The yield is a forecast 3.3%, which is below the FTSE 100 average of around 3.8% but more secure than many on the index. Covered 2.9 times, it offers scope for progression. Markets have been tough on Dixons Carphone today, but it looks a good call to me.
let us hope the share moves in the right direction after Tuesday. I think what ever is said it will be overshadowed by the Supreme Court decision on if parliament has to vote on article 50. I think we all know we are in for a great deal of volatility due to world, political and Brexit events, whatever the bottom line is. My local store looks really good. Fingers crossed.
let us hope the share moves in the right direction after Tuesday. I think what ever is said it will be overshadowed by the Supreme Court decision on if parliament has to vote on article 50. I think we all know we are in for a great deal of volatility due to world, political and Brexit events, whatever the bottom line is. My local store looks really good. Fingers crossed.
We started the year at £5 and ended at £3.54 down nearly £1.50 or about 30% I went into the store in Plymouth yesterday it is looking fantastic and more importantly busy. For the group profits are up, competition as a whole is poor, we have fantastic large displays. I have been in for the long term, but I am certainly not enjoying the ride. Any inside news? So where do people see us going from here?
With further growth in prospect, I believe Dixons Carphone is a rare blue chip bargain trading at below 11 times earnings for fiscal 2017. https://uk.finance.yahoo.com/news/ftse-100-biggest-bargains-070011701.html
June's decision to exit the EU has proved a nightmare for Dixons Carphone's (LSE: DC) share price. The electronics store was already trading at a discount to levels at the start of 2016, but the referendum result has really put the boot in -- it's currently down 36% since the end of last year. The retailer has bounced from July's record lows, however, as bargain hunters have piled in. And there is certainly some logic behind this -- Dixons Carphone is expected to generate earnings expansion of 4% and 6% in the years to April 2017 and 2018, respectively, creating corresponding P/E ratios of 10.5 times and 9.9 times. The FTSE 100 forward average stands closer to 15 times. Dividend yields are less inspiring, however, but figures of 3.2% for 2016 and 3.5% for next year are far from shoddy. Now Dixons Carphone also faces increased margin pressure as diving sterling values prompt electronics manufacturers to hike prices. Apple raised the ticket value of its MacBook last month, firing the starting gun for other suppliers to also hike costs. I think the shares are over sold, I am not very good though at the charts. So is Brexit good or bad for the long term? should I jump ship? with hind sight perhaps we might have all done things differently - perhaps sold last Christmas, sold pounds buying Euro's/dollars, perhaps more would have voted to stay in? what do others think about the share, short term/long term future for pound / country?
A bit disappointed that the SP is doing so badly. According to the latest broker reports outstanding on Tuesday 1st of November, 10 analysts have a rating of “strong buy”, 0 analysts “buy”, 1 analysts “neutral”, 1 analysts “sell” and 1 analysts “strong sell”. Dixons Carphone had its “Buy” rating reiterated by analysts at HSBC. They have a GBP 440.00p price target on the stock.
yes all good news here as well, let us hope the share price moves up and reflects this. With further earnings growth still on the cards and the shares on modest P/E ratings of 13 for this year, dropping to 12 next, I'd say this could be a buying opportunity. What do others think?
Hi Steppenbird, I am also concerned as to the future. After Brexit there will be a huge shake up of the markets for many reasons including the value of the pound and this could go on for several years until things settle. I feel the advantage we have is that people will not be without a phone or tablet these days and if your fridge / freezer / washing machine goes wrong, there is now not so much of a choice of where to shop, if we can get the basics of price / delivery / range / service correct (which I think we are) reduce the cost base and keep the roll out of the newly refurbished multichannel stores (which look good) profits should continue to increase, most brokers rate us much higher. I am still probably overexposed in this share and disappointed at the current price which I believe is the equivalent of about 55p of an old Dixons share. I still remain positive that we will move up, as long as there are no more big shocks for the country or the company, we tend to move up as we move towards Christmas / autumn anyway. I still remain positive for the longer term as well, I wonder how our America joint venture is going? We could at this price even be a takeover target - time to go on holiday probably - What do others think?
LON:DC has had its stock rating noted as �Reiterates� with the recommendation being set at �TOP PICK� this morning by analysts at RBC Capital Markets. Dixons Carphone PLC are listed in the Consumer Services sector within UK Main Market. RBC Capital Markets have set their target price at 450 GBX on its stock. This now indicates the analyst believes there is a possible upside of 32.8% from the opening price of 338.9 GBX.
The shares are now valued at just over 11 times forecast 2017 earnings, and that's after downgrades over the course of the past month, and there are dividend yields in excess of 3% on the cards. There's a strong buy consensus among brokers right now, I do see Dixons Carphone shares as reasonable value. Shares in Dixons Carphone (LSE: DC) plunged 34% in wake of the referendum, and though they've come back a little to 338p, they're still down 21% since the day and 32% over the past 12 months. Full-year results on 29 June looked solid, with like-for-like revenue up 5%, headline pre-tax profit up 17% and headline earnings per share up 15%, and the year's total dividend was lifted 15% to 9.75p per share. There's uncertainty over the firm's long-term profits now, with the plunge in the pound affecting overseas earnings reported in Sterling.
Well thank you Fourteen14 for stating that the 48.1% remain voters are all stupid, nice to insult people you do not know. Most sensible people realise there were pros and cons to both leaving and remaining. The FTSE might be slightly better than it was in some sectors but not all as shown by retail and DC + property (six funds worth £15 billion suspended) + others. I think the effect on the pound could have far reaching implications on all our lives from all trade in dollars including oil (which unfortunately rules the world and people fight over), euro’s trade is still down to 1.14 from over 1.30 and even our European holidays will cost more next year with less spending money! Long term pension funds will be affected and firms are already planning not to invest or some are moving staff or / & work abroad (less jobs / tax revenues). Most people are rather shocked that there is no ‘master’ plan and Farge / and Boris have jumped ship hoping to come back when the country is perhaps more stable. I can accept defeat although it didn’t go my way – Fourteen14 you obviously need to gloat on the huge win of 51.9 % on a lower turn out than most would have expected of 72%. I believe that is only just over a third of the voting public voted to leave the EU which reluctantly I will take on the chin. (Is fourteen your age as most teenagers would have voted in for a better long term future?) Any way back to DC, very pleased to see a better day, our fundamentals are good. I think until the pound is more stable we are in a bit of trouble, as most of our products we sell come from abroad. We also trade in many counties including our new venture in the US. Exchange rates will have an effect on us.