Member Info for Manics

Carphone & Dixons potentially merging with Carphone possibly paying a premium. See ADVFN thread.

You may recall me making a statement around not having a motivation to go into your post history. That changed this morning and I found this for which you deserve due credit. These were your words ahead of results: "... the numbers will all read rather impressively re actual sales etc. but it will only need Sebbie to state that the coming year will be a challenging one due to - and here we go again - a tight squeeze on margins due to the endless fashion nowadays of heavy discounting from rivals and On-line, for this to see a pretty significant fall" Kudos to you. I hope one day this year you might copy my £1 forecast to balance this out (if you're still with us). Best wishes.

FWIW I see a quid later this year. Plenty of £2.5 -£3bn companies in the FTSE250 saddled with debt and still making losses.

Why? A.) -because DXNS are as big and growing faster B.) -because online is only 18% of the market anyway! The rest is retail where AO doesn't exist.

we online forum members forget there is still a massive part of the market that just doesn't trust online business. Even in electricals, both CE (TV's etc) & IT (tablets etc), how much of the market do you think online is? 50%? 60%? 40%? -the answer is 20%, and in some segments, 18%. People like to touch, feel, have a service and solution built around their purchase and a lot of people still today don't like buy anything from faceless online entities.

See my post this morning. There is 39 days cover at 13m average daily volume. This is 2 TRADING MONTHS of pent up demand for DXNS shares at average daily volume (5 days trading per week). That's how long it would take to close. When the stampede starts to close out these shorts it's going to be immense. Not sure I read your post right, but closing a short position puts an upward pressure on the SP because you have to BUY the shares back. So, for clarity, there is 2 months BUY pressure (at 100% of daily colume) still to be closed in DXNS. It's massive, massive pent up demand which is in the bank.

Size of the trades show it's the institutions leaving by the back door and quick. Track it here (takes a few days to show up -remember this is just institutional not the total): http://shorttracker.co.uk/company/GB0000472455/all PI shorts have grown the total short position to a massive 14%, though they've been very late to the party. Institutions are closing out leaving short PI's holding the bag and it will not be pretty for them.

...and so it continues. The covering. They're buys. Ignore the computers guessing at the trades, just look at the SP action. PI shorts about to get absolutely rinsed in DXNS imo.

Over 3% holding long are declared in the annual report as "major shareholders" here, page 31: http://www.dixonsretail.com/system/files/uploads/financialdocs/Dixons_annual_report.pdf The institution that reported yesterday had added very slightly. Here is my ADVFN analysis on the short position which I posted last night: Float: 3,656m Short: 14% Shares OOL: 512m Average daily volume: 13m Days to cover: 39.3 days Http://www.investopedia.com/terms/d/daystocover.asp "This ratio is somewhat unique because it measures the future buying pressure on a stock that is virtually certain to happen - short sellers must buy back shares at some point if they are to close out their positions". Http://www.investopedia.com/articles/01/082201.asp "Typically, if the days to cover stretch past eight or more days, covering a short position could prove difficult".

Wait until the new marketing campaign kicks in later this year backed up by a firm price match message with apps you run yourself so show what a great deal you are getting in store. We're getting aggressive. Love it.

Ya. It also said deleted. I can go into my cache and host up a screenshot if we're going to have an argument about it. SP going up. Let's be happy and scrub calm; let's be excited!

Calm down dear. Hovver over the i and you'll see it's a deleted trade. If there were 25k bot trades today they were buys. Look at the SP action.

Still here, and long on my second round of DXNS buying since 33p (the first 33p tranche having been sold a long time ago). After the flurry of activity leading into peak there's not much that remains to talk about outside of macro trends until the company updates in May.

Yup. It's going to be pay, DAY for the taxman when we all post our TCG capital gains in a few months. That said, consensus is what, +60p for DXNS? Today. In a very cautious and conservative retail sector. I think broker targets will be approaching 75p by end of CY, though that could change and short term should DXNS get the same SP traction which it enjoyed MAR13 -so setting a bar higher. We'll see.

of the worse reasons to invest in any company is the expectation of a buy out or takeover. If you don't have faith in a company's existing management and strategy then you should really be moving on, because it's that 99 times out of 100 that will get you ROI. Buying on pie-in-the-sky rumours is crazy imo. They very, very rarely ever come to anything and wouldn't that just be a gamble? Look for companies whose business you can believe in, not rumours you can only hope on.

consolidation at this level is great to see. The shorts closing out 13m at around this price was great to see. The pessimism and buyers waiting on the sidelines are all great to see. I'm not expecting fireworks this week and I'm now prepared to hold through to May. It's a frustration as I watch fast cash being made elsewhere as the FTSE250 rallies though I do think DXNS has legs to be savouring for later this year. barclaykid I think kind of nailed it. This just doesn't feel like it's going to explode as some traders might well hope. I'll admit, I'm a DXNS trader cum investor having initially built a stake in anticipation of the Dec IMS. Now I recognise the value of paying down those bonds, adding to the bottom line and paying a divi. These will be the catalysts that rightly drive DXNS to +70p and a decent ROI for recent buyers.

largish trades today seemingly. Might be worth keeping an eye on: http://shorttracker.co.uk/company/GB0000472455/all

Agreed. For a share to ping northward it (sometimes) needs one very vital ingredient, that being that it is not already too popular (everyone is already long) and that's one of the things I like about DXNS. Not all investors like this share today. Indeed it is this week at least 'trendy' to dislike the whole sector. How fickle we investors are, how short our memories. Retail could easily once again be the place to be next week with so many updates due. Buy when others are fearful. There's lots of caution around DXNS and that's a great thing for longs.

I think you mean "passed" my little test. School boy error. You've let the crusade down. To think I actually believed in you.

Would you view your re-entry as more of a trade taking the update on the 16th as an opportunity or a hold beyond into the mid year results? Perhaps that depends on the update itself and the SP action.