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Anyone have any idea what is going on with the share price this summer? any 'inside' news on the stores? Been in a long while so seen the roller coaster ride (so far) I did hope with all the good news we should be heading up! - views
Dixons Carphone (LSE: DC) to keep on fizzing. The British Retail Consortium (BRC) announced last week that total retail sales leapt 2.2% in July thanks to improving wage levels and employment rates, and Dixons Carphone's latest numbers last month underlined consumers' strong appetite for tech goods -- group underlying sales rose 6% in the year concluding April 2015, to £9.9bn. Given these robust market conditions the abacus bashers expect Dixons Carphone to enjoy a 4% earnings rise in fiscal 2016, creating an attractive P/E ratio of 15.9 times. And improving sales momentum is predicted to drive the bottom line 12% higher in the following year, driving the earnings multiple to an even-better 14.2 times. - Motley Fool
I think you are right many people will be annoyed or inconvenienced by what has happened, but it can and does happen to many companies who every day are bombarded with software that tries to infiltrate their IT systems,by more and more devious software. In many cases (but not this one) we are in error using the same passwords and not being secure in this digital age. I think DC can be effected, but the basics of the company are solid, haven't changed and the management are moving the company forward. The price more & more mainly follows the market. Share prices can be very fickle, people could change companies and have exactly the same problem with them (now it has happened to us hopefully we will be more secure) I guess an update from the company in the not too distant future would be helpful, rail ride is a good term for the share price - following the market up and down!
Surprisingly, Dixons Carphone has also disappointed in recent months, with its share price falling by 1% since the turn of the year. This is disappointing for the company's investors and comes after the 'internet of things' specialist posted a rise in its valuation of 69% in calendar year 2014. Looking ahead, Dixons Carphone clearly has huge potential to become the 'go-to' place for all appliances that are set to become linked in to the internet in future years. As a consequence, the company has huge potential to deliver strong profit growth and, next year, is expected to grow its net profit by as much as 12%. This puts Dixons Carphone on a price to earnings growth (PEG) ratio of just 1.2, which indicates that its shares offer excellent value for money at the present time. https://uk.finance.yahoo.com/news/3-bargain-basement-retailers-j-150025912.html
I just can not believe with all the positive comments and the outlook and progress and the profits and a dividend and new ventures in the US and the stores are busy (I just purchased a printer) I know shares can be fickle but why oh why are we heading the wrong way?
Dixons Carphone (LSE: DC) currently has a yield of just 1.9%, but has excellent earnings growth prospects and a low pay out ratio. For example, Dixons Carphone currently pays out just a third of its net profit as a dividend each year, which means that dividends could easily double over the medium term even if there is zero growth in the company's bottom line. And, with Dixons Carphone set to increase its earnings by as much as 11% next year, it clearly has the scope to vastly improve on its current level of shareholder pay outs, with a rapidly growing dividend indicating to the market that the company is performing well and is confident about its long term future.
Dixons has a number of growth initiatives underway I'm inclined to believe that the company's growth will surpass City expectations. For example, the company is already ahead of its own target to achieve merger synergies of £80m by 2016/17, has launched a new mobile network and signed a deal with US telecoms firm Sprint, which could eventually see it open 500 stores in the US. With all these plans in place, Dixons' future growth could easily exceed expectations.
The Greek arm of Dixons Carphone (LSE: DC.L - news) has enjoyed a boost in sales as worried consumers seek to protect their money by spending it on big ticket electrical items such as computers and fridges. The retailer is due to report full-year results on Thursday in the shadow of the Greek debt crisis, but chief executive Seb James said fears of a collapse of the country’s banking system appeared to be encouraging consumer spending.
Dixons Carphone (LSE: DC.L - news) , the European electrical goods and mobile phone retailer formed from a merger last year, reported a strong rise in sales on Wednesday and said it expects to report better than previously forecast profits as the firm wins market share from rivals. "It is clear now that one of the main reasons AO.com is finding UK trading 'challenging' is because their great rival Dixons Carphone is hoovering up market share," said independent retail analyst Nick Bubb. On Tuesday online home appliance retailer AO World had cautioned that it was finding the UK trading environment tough, while department stores and online retailer John Lewis has consistently reported weak electricals sales this year. In contrast Dixons Carphone said sales at stores open over a year in its UK & Ireland division rose 13 percent in the 17 weeks to May 2, beating analysts' consensus forecast of a rise of 5 percent. "We were a bit surprised by some of the numbers that have been shown by some of our competitors," Finance Director Humphrey Singer told reporters. "We clearly have gained share. I think the market's been OK as well. The UK has shown signs of some macro economic recovery and I guess we've benefited from that." Singer said Dixons Carphone was benefiting from cheaper prices and from customer service initiatives such as free warranties and improved free delivery options.
excellent opportunities in the UK-focused consumer sector. For example, the gradual movement of consumers towards the so-called 'internet of things' seems to make Dixons Carphone (LSE: DC) a very appealing long term investment. It is expected to increase its earnings by 16% in the current year, and by a further 10% next year and, while it trades on a P/E ratio of 17 (which is higher than that of the FTSE 100), its price to earnings growth (PEG) ratio, which takes into account its strong growth rate, indicates greater appeal since it is just 1. By Peter Stephens | Fool.co.uk
I think many brokers like us at the moment! Dixons Carphone showing momentum, says Investec Investec analyst Alistair Davies has bumped up his target price for Dixons Carphone (DC) in the belief that the recently merged electrical goods and phone retailer is outperforming rivals. Davies, who has a ‘buy’ recommendation on the stock, raised his target price from 500p to 510p. In a falling market yesterday the shares shed 7p or 1.5% to close at nearly 461p. ‘Analysis of factors behind the UK and Ireland’s growth shows a number of moving parts supporting like-for-like momentum,’ he said in a note to investors. ‘Signs of average revenue per user stability are emerging in mobile and we upgrade synergy estimates [from the merger last year of Carphone Warehouse and Dixons Retail].’ He added: ‘Cash generation gives management flexibility to accelerate UK restructuring and invest more in to the offer or return excess capital.’ Davies believes the Connected World Services unit the group set up to advise clients on communication strategies could ‘could play an important role in creating long-term value’ as core businesses mature.
enjoying the fruits of an improving retail segment. White goods and telephone emporium Dixons Carphone's (LSE: DC) wide range of consumers goods, from the latest laptops and washing machines through to mp3 players and even telescopes, should continue to witness terrific sales growth as consumers increasingly splash the cash. Indeed, the business said in its latest trading statement back in January that British like-for-like sales leapt 8% during the Christmas period. And with economic conditions having improved even further since then, I expect Dixons Carphone's upcoming quarterly update slated for next week to blow the doors off. Fool.co.uk
Great week, good to hear advice from the 'Word' bigsi2306 thanks. It looks like things are looking positive, enjoy the ride, I'm in for the long term.
FLASH: Barclays Capital stays overweight on Dixons Carphone, target raised to 515p from 480p Perhaps things will start moving again soon, views?
Good to see your still in bonsai, I can remember the old rights issue for Dixons in 2009! I think the price may follow the market, especially with an election result that may not be straight forward. I think you may be correct about £5 in December, January the price always seems to drop back a little! I still hope for the price of what would be a £1 in the 'old' Dixons one day, which would be I believe about £6.45 in DC. Todays price equates I believe to 68p which is still very good!
Don't think DC are getting any cash for it though, are we?
Well that is a positive, always hard to tell but again looks like more buyers than sellers today, we are down about 10% from our year high at the moment, I for one felt we should be moving upward - views?
Not much news or chat? little surprised not at the gadget show live (thought they sponsored the TV show?) anyone know how things are going? share just drifts.
The story if anyone missed it: I reckon that Dixons Carphone (LSE: DC) is in prime position to benefit from improving retail conditions in both the UK and across Europe. Not only is the electrical goods giant's Carphone Warehouse division enjoying market share gains, no doubt helped by Phones 4 U's demise last year, but careful promotion activity and cross-selling opportunities across the group are also helping to boost the top line. The City expects Dixons Carphone to stage an impressive 24% earnings bump in the year ending April 2015, resulting in an earnings multiple of 18.4 times. But with further expansion of 21% and 11% pencilled in for fiscal 2016 and 2017 correspondingly, the P/E ratio is driven to just 15.5 times and 13.7 times for these years. And Dixons Carphone's exceptional value relative to its earnings prospects is highlighted by PEG ratings of just 0.6 for this year and 0.7 for 2016 -- any reading below 1 is usually considered tremendous bang for one's buck.
Perhaps we are not moving up due to stories like this: AO World’s fortunes have also taken a turn for the worse in recent months: in February it warned full-year profits would be a fifth lower than expected, sending the share price down almost 50 per cent at one point. A few weeks later Mr Rose sold 89 per cent of his stake for £10m, following the expiry of the post-IPO lock-up. He still owns 0.17 per cent of the company. FT