Member Info for Manics

Thanks for your response barclaykid, I enjoyed reading it. It makes me wonder how the landscape will look for me some thirty years from now. Perhaps I will be bankrupt anyway. Of course you live in a world of spotty billionaires these days barclaykid. What marvels these companies and their founders must be for you. Just how can a company go from nothing to a market cap in the billions in mere months?! -and it doesn't manufacture anything?!? -preposterous! Mark Zuckerberg. Eric Schmidt. Bill Gates, who came from nothing to the worlds richest man in just 20 years. Wealth that used to take generations to build. Good luck in your continued (?) DXNS trading, though as a continued long I would hope your re-entry not too aggressive. Perhaps you have squeezed margin, bad weather and lower retail footfall on your side, whilst I have increasing market share, cost outs, re-merch, restructuring, and increasing revenue on mine. Let's see what January brings.

Having a feel for shares (after a respectful 48 years) is very different to having a feel for their operational markets. Feelings are emotive and it might be hoped you learnt the lesson of emotion regards to shares back in 1965 as you mourned the passing of Sir Winston Churchill. Fast evolving technologies that exist today which you could only of dreamed of when you began power investors like me to places it has taken you decades to achieve. Whilst you busied yourself with coal miners and cold wars, my generation has reinvented communication, trading and access to data. Though not always for the best you'll agree. We've carried you from the confines of daily share price listings in the Financial Times to real time, live streaming data, ideas, platforms and information. When you boast a heritage of sharing 'knowledge' to make money for others in the past I'll have to take your word for it because I don't have the drive to explore your post history. Life is very different you'll (perhaps) remember when you're not retired. barclaykid you've been using keys your whole life and for longer than you've been feeling out shares, yet still you lose your car keys. Set then in this context, what gravitas can we possibly apply to your pitching 'The Knowing Kid'? The world is now. It's changing. All the time. No time to hunt for car keys. Let's go!

My £30k of Gfk sales data (amplified by Sebastian James' tweet today) contradicts most of barclaykid's thinking, to the degree that I must protect his signature "The Knowing Kid". He is then perhaps 'The Opinionated Kid' -for he has opinions only, not knowledge. Not knowledge bourne from industry recognised data and facts in any case.

...and high margin cabling! ...and headsets! ...and extra controllers! Console christmas. Once in a decade event. Something to savour in the new year update.

Golly 700k shares. Maybe we should take you seriously. Talk me through the rationale of parking £350k in share which doesn't currently pay a divi, and isn't going to keep up with inflation (in your view)? TIA

...and the amount of confidence you have is such that you've had to create a new (disposable) moniker. Why not use your primary LSE handle so that we might apply gravitas to your posting? Any credibility resultant from your calls here could then progress that same handle. Perhaps. One day. The only reason you wouldn't do this would be if you were not too confident in them (your calls), or your other handle(s) have 'history'.

Very strong data out of China which could drive a continuation of Friday's rally. Is this then the arrival of Santa? Some are already calling five hundred points on the DOW next week... http://www.channelnewsasia.com/news/business/china-exports-power-ahead/914362.html

spellmastergent engages to drive a higher quality of literacy and grammar than might otherwise be experienced on LSE and should be applauded. spellmastergent: Know that as we reflect on our ancestry, our heritage as inventors of this great and functional language we shall not rest until to have been judged by you at full score -the only acceptable score in a world of spell checking browsers and auto correction. Ninety eight percent is two percent too weak. I wish you the very best in your crusade.

Thanks for your reply, and again good points. For the record I don't doubt what your contacts have shared with you. As with any multiple -some stores do better than others. In terms of a destination, for me, grocer just can't cut it. They're hoping customers browse into Electrical and impulse buy a £399 40" HDTV (low spec / brand). The problem is for most people big ticket items (even at value price points) are considered purchases. You go to Asda / Tesco / Sainsburys with a mindset that you are going to shop smart & tight minimise your weekly grocery bill. Walking back to the car with a 40" TV is totally alien in that context. Tesco are perhaps the worst here. The customer walks in the door knowing he has to be wary of the Tesco grocery offers and pricing (buy 1 for £1 or 2 for £2.20 as a loose example. You've seen the press). I would agree to a point around the roots of the Electricals strategy. Originally it was a differentiator in a crowded market. The problem is it's low margin because they can only sell at impulse buy prices (£9.99 speakers etc) so the store space and resource will always be under severe threat. Look at what Asda have achieved with the George fashion (non food) brand. It gets so much space in store because they can make comparable margin to grocery, if not better £ margins. I would say George drives footfall to Asda (consistently) but I would not agree that any Electricals section drives footfall to a grocer. DXNS are focussed on adding value with Knowhow to help restore margins and I think the coming results will reflect that once again.

Appreciate the anecdotal post and a lot of what you say is valid. I happen to be in possession of about £30k's worth of Gfk sales data (you'll probably know what that is) that shows, at least for my company's operational categories, that whilst grocer is having some traction at value price points, that isn't really where the market is. Indeed taking Tesco as an example, their footfall in Electricals is woeful and their business in that category is dieing. They can't make enough margin from the white label, value price point accessory business to carry the big ticket items. The cheap items you talk about are not cutting it. How many 4k TV's do you think Sony are selling out of JLP right now? How many locations do they have Vs. DXNS? -The middle market (and catchment) for DXNS is huge. The new format JLP stores (taking High Wycombe as an example) is just a beautiful retail experience, but then look at DXNS new format on Kensington High street. Awesome as well.

The Dec 17th update will be to end Oct. We'll have to wait an extra month (Jan 17th) for the peak sales data to give the console, christmas, no-Comet YOY picture.

tried to sneak a 13m trade delayed last Friday night. Have they gone and tried the same thing this week?

blondeamon on ADVFN points out that Fest reduced their short from 3.26% down to 2.86% last week. This explains the 13m delayed trade I mentioned as a buy. Very interesting to consider that those crazy Dutch shorts at Fest perhaps see this price as a new base.

Yes, the daily UT is exactly that. The 13m trade I was referring was a delayed trade (UT's are ever delayed, they are posted each day) from Tuesday last week, not a UT.

the late reported trade on Friday evening.

3m trade today. Someones loading up or closing 'dem shorts. 3rd, 4th day in a row I think?

...though results in Jan (to include console Christmas) will be a big catalyst on from whatever base we establish in the coming weeks (with Dec 17th data).

for the divi replies. Collected a few divi's before from various shares though never considered basing a trade on one (outside of yield). I've yet to take a position in FRES -though now watching / waiting with dry powder. Personally I see more to come with the FTSE but not yet convinced regards the (immediate) direction on PM's.

I buy FRES tomorrow do I get the divi?

to see PTEC up here at long last. Shooting for the 8's.