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Last year we had a great set of figures as the share price crashed. This year another set of great peak numbers, where will we ho this week, particularly after a large drop last week ? Interesting few days as we approach Weds ! http://www.dailymail.co.uk/money/markets/article-2915341/Black-Friday-set-turn-good-Friday-Dixons-Carphone.html
£4
Don't think you are going to see that for a while now !!! Are we going back to under £3 ?
Have poor peak and our SP drops. thanks for that !
When home retail hold up it always makes me wonder why !
Big the drop the last 2 days, anyone any thoughts or news ? £470 seems less likely.
The rapid demise of Phones 4U has boosted sales and profits for Dixons Carphone, the maiden results for the FTSE 100 retail conglomerate will show this week. Dixons Carphone, the owner of Currys, PC World, and Carphone Warehouse, is expected to report an increase in like-for-like sales across its UK business for the most recent three month period. This uptick in sales comes after Phones 4U, the main rival for Carphone Warehouse, collapsed into administration in September with the loss of thousands of jobs. According to Citi, Dixons Carphone’s house broker, the company’s half-year results will show that Carphone Warehouse sales were down 3pc in the first quarter of the year but then rose by 3pc on a like-for-like basis in the second quarter following the collapse of Phones 4U. The group is expected to report that like-for-like sales overall, including Dixons, rose 2.3pc in the UK and Ireland during the second quarter. Dixons and Carphone Warehouse agreed to merge in May, creating a retailer with more than 1,200 shops, 40,000 staff and annual revenues of £11bn. Related Articles Dixons and Carphone Warehouse merger: Q&A 15 May 2014 3 reasons for Dixons/Carphone Warehouse merger 15 May 2014 Phones4u threatens Dixons and Carphone merger 24 Mar 2014 World Cup scores for Dixons Carphone 09 Sep 2014 Dixons and Carphone merger could face probe 25 Feb 2014 Dixons and Carphone Warehouse join forces 15 May 2014 Citi has forecast that Dixons Carphone will report pre-tax profits of £59.4m in its first set of results as a merged company. The retailer, led by Dixons boss Sebastian James, is also expected to confirm that it will deliver the £80m of cost savings that it promised to the City quicker than expected. Assad Malic, analyst at Citi, said: “For the UK and Ireland we expect Dixons Carphone to benefit from ongoing strength in domestic appliances, a resurgence in laptop sales, and ongoing market share gains in TV. “For Carphone we expect it to have been a beneficiary in the UK from the Phones 4U collapse, iPhone 5 launch....and the switch to 4G.”
Whats the article about mate ? Good or bad ?
Have sold this morning, was sitting on a nice profit :(
???
:)
Hi mate So is that what the new allocations will be, I have a large holding which is several thousand up, so will I lose that tomorrow as Dix closed at 52.75p ?
With the reduction in shares we will be allocated, anyone know what price they will be issued at, surely won't be opening price ?
Sold 20%, not sure if to sell another 30% I always seem to miss out on the big increases, if the SP goes up 10p Thursday I would miss out on 000's if I sell to early...mmmmmmmmmmm !
With a big holding, not sure how many to keep today with not knowing what the SP will do on Thursday when the trading stats!
Today is the last day of trading DIX and shares are suspended tomorrow as the merger goes to court ahead of the 7th Aug, so anyone not sure if to stay in, today you need to decode ! GL all
it's the final count down to we are shares are suspended, going to be interesting if we have a last minute sell or buys !
Homebase pursued by DIY investment giants Apollo and OpCapita are believed to be working on takeover plans amid speculation the home improvement chain is to be put up for sale after years of disappointing trading By Ben Marlow8:19PM BST 02 Aug 2014 CommentsComment A clutch of rival turnaround investors have begun circling Homebase, the DIY giant, amid heightened speculation it is to be put up for sale. Funds including Apollo, the giant Wall Street investment house, and OpCapita, the firm that led the controversial takeover of Comet, have begun drawing up takeover plans for the struggling home improvement and garden equipment chain. Their interest has been fuelled by the suggestion that Home Retail Group, the parent company of Homebase, has begun weighing up plans for its sale after years of subdued trading. Homebase has 360 stores and annual sales of £1.5 bn but has struggled to compete with its bigger rival B&Q. Expectations that Homebase would be sold were triggered earlier this year when John Walden, Home Retail Group’s new chief executive, announced, just one month after taking charge of the company, that he was considering a full-scale review of the company. Related Articles Homebase owner eyes £1.5bn sale 27 Jul 2014 Argos to open stores in Homebase 30 Apr 2014 Argos, Homebase want rebate from suppliers 04 Feb 2014 Warm weather lifts Argos and Homebase sales 12 Jun 2014 Home Retail also owns Argos, the catalogue retailer, which is undergoing a majopr transformation into a modern, online brand after years of tumbling earnings. Argos accounts for 70 per cent of group sales and profits. The high street chain will initiate a trial later this year to allow shoppers to order a product online and have it delivered to their home or local store on the same day.The same-day service is part of a five-year plan by Home Retail to strengthen the catalogue retailer for the digital age. Argos and Homebase were previously part of the GUS conglomerate, which also included Burberry, the luxury retailer. Presenting full-year results in April, Mr Walden said that he would “take an independent look at strategy and organisation structure, and consider the group’s priorities going forward”. “As a group we need to figure out what we stand for – why are we a group?” the 54 year-old boss said earlier this year. Several other big firms that specialise in snapping up weak companies are watching the situation closely including Hilco, which took over HMV as it was about to collapse in 2011, and Endless, which recently bought Kiddicare off Morrisons. Their interest has been stoked by suggestions that Home Retail Group is considering paying a sizeable dowry to offload Homebase. However, Walden is yet to confirm the outcome of his review and the likely future shape of the group. Homebase began struggling during the recession when banks reined in the easy lending that had fuelled big DIY
CPH currently pay 4p, now much but something I guess. Expect the new business to be at least this when the merger is completed.
Have sold :(