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You too wim.
Think most will be invested well above your "crazy" average of £149.
If they have a really strong Christmas they could very quickly bounce above £1.50 again but I think the most likely outcome is an ok Christmas with margins under pressure which may steady the shares a little but not cause a substantial bounce.
Surprised the bounce off the low failed so soon, outlook looks more negative now, this is a fairly important area chart wise as it represents a double bottom after it broke 150 on the update, if it fails could easily see a succession of further lows.imo
The problem is cpw need the networks more than the networks need them.
mobile.co.uk usually undercuts their own shops and they own it!
Yes but mobile will continue to be the area the city focuses on and there is clearly plenty to be done.
"Mobile is central to our vision. It is the most important category for us, it is our largest, and the most important product to customers and where we are still number one in the market. But it is loss making and we need to change that.."
Hi chance of a bounce if we get there again imo.
But mobile problems continue.
Makes you wonder what would have happened without the uplift from world cup TV sales.
In the past this has provided a major boost for the group but this year it has mearly prevented a fall in L4L.
Next year they will be up against those figures without the world cup to help.
Mobiles continue to be a major issue people are not only upgrading less often when they do they are going for much less profitable sim only options.
I think they have a considerable challenge just to stand still and the shares which are certainly not expensive are fairly valued.
I agree but they really need to be careful now its the second time they have been hit and last time they were fined for sloppy security.Future issues particularly with GDPR may not be as easy to brush off.
I would agree with you a few months ago but things have gone full circle. Was going to buy the iphone 7 and go sim only. But mobiles.co.uk which DC own did it on a 2 year contract at just �23 a month with �110 upfront for 4 gig data and unlimited calls and texts with voda which is cheaper than even the best sim only prices. Went to CPW and they virtually laughed at me saying they could no way match itt and their best deal for that was over �35 a month indicative of some of the issues they have. The big money making days for mobiles are in the past now imo.
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.
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.
Some of the (no longer employed) senior management have been asleep at the wheel with cpw,the days of hugely profitable 2 year contracts have gone forever,they need to learn from their own mobiles.co.uk division and offer much more competitive contract and sim only deals which in fairness they do seem to be moving towards recently.
Massive change of senior management, particularly Kate Bickerstaffe who was apparently very well respected in the company and seen as being there for a long time. But maybe thats the problem everyone a bit to comfortable,needed a shake up. All the board members who were there when the carphone tie up took place have now moved on.
Much as I dislike shorting I can not see increasing short positions as a positive,even though they sometimes do get it spectacularly wrong .
I agree. I think that this trend will continue too. I know people who worked at Dixons call centre and when Capita took it over quality went sharply downhill,the only thing they were interested in was numbers. Eventually they took it back in house too,I think companies who are serious about customer service will continue to do this in increasing numbers so they have complete control. Capita has been failing to profitably grow the business for years before the latest problems and there is no sign of how they will achieve that even if they do get through this mess.
Unknown rights issue price,uncertain future,unable to grow the business for years,consistent bad news and a charts thats been making new lows for years and continues to do so nothings guaranteed in this game but everything points to this going lower imo.
You are correct jumped up just as I posted lol
Support gone and struggling in a market thats sharply up. This has further to fall imo.