Member Info for moneymakerxxx

Anyone thinking managers have been called to London for any news is I am afraid well off the mark. Its an annual peak conference that takes place the same time every year.

Chain has its peak conference headed up with OUR GREAT FUTURE, not holding my breath as I can remember Seb saying shares will reach �7, which they have no chance. Expecting some good news as half year results must be ahead of city expectations or Seb will be a gonna, he will want to save his ass so expecting some positive spin.(although Seb ain't great at that based on his history)

More to the point who is staying!

More to the point who is staying!

Heard another high profile casualty leaving this sinking ship so they can save their CV. How many more will bail and leave those left to sort out their mess after picking up a nice salary and bonus? IMO they all need to go and lets start again!

A few more on the board need to get on their bike!

Can't think of anyone that would want to pick this business up nut most certainty a great buy if anyone did. Lets hope someone see's the upside and outs a bid in, but don't see it I am afraid.

How do we see the fact directors are buying as confidence, they all contributed to the share collapse and some sold before, which is extraordinary that us poor investors with no insight lose our hard earned money while they buy back in after the drop to make thousands in profit for doing a crap job in the first place. Agree with many that there is little evidence of a strategy other than stores having more and more KPIs they need to sell with minimum wage colleagues who get pi55ed off and leave once we have trained them. I find it astonishing how the board remain in tact, someone needs too take some accountability for this embarrassing situation the business has now left stores needing to now try and bail out HO in-competencies. The board all full of a clicky team, which none really want honest feedback, so god knows how the business will work its way out of this mess. Argos moving into JS will hurt DC, along with Brexit and the change in trends with customers now moving to sim and keeping their phones longer. With lots of talk that the new Iphone will cost over £1k, why the hell are we going get a flock of customers wanting to pay +£50 a month for a contract to help bail out the mess DC is on, lets hope I am wrong. GLA

What results are due next week?

Wonder where this will go now!

does need to change. So many yes men all telling the board what they want to hear as its pc. Someone needs to be a little more honest, they role out of so many initiatives over the last few months and as normal none never landed correctly. Then at the peak conference Alan Richie will talk a load of BS and tell the room how much has been achieved while laughing at his own crap jokes. Board full of so many self importance individuals that has become more arrogance see the merger. GL all

Last week I suggest bad news was on the way, yesterday I suggested £1.99 could be a possibility before Christmas, little did I expect us to need a Christmas rally to actually get back to £1.99 as it was going to crash so hard. My thoughts remain unchanged, the business needs some new direction and start to consider how it will address the challenges that Argos alone will bring with stores moving into JS let alone other competitors in the market. I do hope for some recovery in the weeks ahead. GLA.

£1.99 Could be a possibility before Christmas! Leadership team running out of ideas IMO. Maybe its time for a change at the top. Seb can see whats coming which is why maybe he thought of bailing as Charles already had. Business out of touch and still expecting minimum wage colleagues to deliver 20+ KPIs to customer who can get them cheaper else where. FYI - Stores already selling gas and electric. Lets hope for some good news soon.

Shares drop after div nor before normally, lets see where this goes.

The current concern for all those selling mobiles is that consumers are getting a bit more savvy and are deciding to keep their phones and move to cheaper SIM card deals instead. New phones not really any more special than the one many already have and with the worry of the brexit, customers seem less appeal to signing up for a deal for 2 years which costs £30 plus. Both DSG and CPW both needed the merger, not pointing the blame with the commentary I left earlier, but DC needs to wake up and find a more effective way of taking customers money without turning them off from visiting stores with all the add on sales pitch. Lets hope the board can steer their way through the treacle............GL All

DC in real trouble at the moment with the changing market with consumers moving to SIMO only which networks would not have predicted nor would have DSG when they merged with CPW. Currys making some good progress with margin while ****hone collapsing with a real danger networks could pull out of their contracts leaving the business in real trouble. It would have not even the mind of the board when they merged but its a real possibility now IMO. DC still making some good margin but brexit really taking it toll now and although still a strong business, I see some surprising and damaging news coming when the Q1 results are published. Good luck all, DC won;t be delivering the profit the city expect to see this year.

Result, for the time being anyway!

Result, for the time being anyway!

Dixons ****hone sells its Spanish business for €55million Dixons ****hone has sold its Spanish business for €55million. The company, which bills itself as Europe's leading specialist electrical and telecoms retailer, said it will sell The Phone House of Spain, as well as its Connected World Services Europe and Smarthouse divisions, to Global Dominion Access, a tech services company based in Bilbao.

ITV said they planned to announce new CEO which Seb is one of the potential candidates, what the betting they wait until the market has closed allowing us to fret what the open will be on Monday. Share is under valued imo, however, lets keep our fingers crossed that Seb don't run because the going has got tougher.