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I had not got back int this share, had to sell for a big cash loss today !
Thanks
Evening Looking to get back into LB after a few years, anyone have the ex div date and expected div % payout please. Many thanks in advance...........
Guess there is a reason why you picked that name for yourself. Unless you work for this business, please don't even try and offer me advice. If CPW don't get into bed, the model this year will be in trouble, all they will have is store closures, and that's a fact ! I am well aware of how the markets work.
Well another bad, got some real idiots running this show, no wonder CPW are nervous about jumping into bed with these lot. Always been a real support of Dix, our really starting to lose my patients. Rant over.........have a good weekend all.
Just a large drop again,,,,,,,,,,,, I have a large holding and stating to regret getting into the share much better ones to chase.
The private equity group which owns Phones4u has approached Dixons in an attempt to gatecrash the electrical goods chain's planned merger with Carphone Warehouse. Sky News understands that BC Partners sounded out senior Dixons executives about a possible tie-up in the days following the emergence of merger talks between Dixons and Carphone in late February. It is unclear whether those talks between BC Partners and Dixons remain current, and people close to the situation suggested that the prospect of derailing the combination was remote. News of the discussions comes on the day that Dixons and Carphone announced that they had secured a seven-week extension from City watchdogs in an attempt to finalise their £3.8bn merger. For BC Partners, which has owned Phones4u since 2011, identifying a way of gatecrashing the Carphone-Dixons deal would be a valuable way of protecting its own commercial interests. Phones4u has had a joint venture with Dixons since July 2010, under which the mobile phone retailer operates stores in 150 Currys and PC World outlets. The joint venture expires within the next 12 months, and Phones4u's value could be undermined if it loses the Dixons contract without securing replacement revenues. Dixons is the second-biggest electrical retailer in Europe, while Carphone Warehouse is Europe's largest independent mobile phone retailer. A tie-up between the two companies would create a group with about 2,900 outlets and a place in the FTSE-100 index. "Since the announcement of February 24 was made when discussions were at a very preliminary stage, both parties have agreed that they require more time to evaluate a potential merger of the two businesses," the companies said in separate statements to the London Stock Exchange on Monday. BC Partners declined to comment.
I spoke to my broker in the city at the point of the spike and I was told there was a report on SKY that another company was linked with a merger / taker over.......I had a bad signal and think he said EE, not been able to find any press release as yet.
Poundland about to float on the market and the share will be going for £2.50 and £3.00, and Dix still sod about at 50p..................
Ask Seb if he can keep his mouth shut when we post the next trading statement, we might see a bl00dy increase after good results for a change lol !
Electronics retailer Maplin up for sale Approaches are understood to have come from trade buyers, with a sale to a larger player in the sector or a rival private equity firm thought most likely. Maplin, the UK’s largest specialist electronics retailer, is up for sale with a £400m to £500m price tag following a series of approaches to the business’s owner, Montagu Private Equity. Montagu, which has owned Maplin since 2004, has appointed PwC to lead the sales process. The approaches are understood to have come from trade buyers, with a sale to a larger player in the sector or a rival private equity firm thought most likely. Montagu is understood to have dismissed the possibility of an initial public offering, given the number of retail floats being lined up and its desire for a clean break from the business. The private equity firm, whose past investments include the hair products business ghd, Quorn and Biffa, tried to sell the business in 2011, appointing KPMG to lead the process. At the time, talks were held with rival financial bidders including Blackstone, CVC and Advent International. Though they were interested, the negotiations ended over valuation differences. Since then the business has invested significantly in its online operation, rolling out a new web platform which has allowed it to extend its range of products. It has also worked on updating its high street offering, with 214 outlets ranging from Aberdeen in the north to Barnstaple in the south west. A spokesman for Montagu declined to comment
CPH almost up 10p today while our share does sod all ?
A potential merger between Dixons and Carphone Warehouse is likely to face an investigation by Britain’s competition authorities, analysts have warned. The electrical retailers confirmed on Monday that they are in early talks about creating a company that would be worth almost £4bn and have more than 1,200 shops in the UK. However, Freddie George, analyst at Cantor Fitzgerald, warned that any merger is likely to be referred to the Competition Commission “in view of the convergence of the technologies and the service dominance of the two businesses even though there is limited overlap in the categories”. If the companies do agree a merger then the tie-up could be the first major deal to be explored by Britain’s Competition & Markets Authority, which is replacing the Office of Fair Trading and the Competition Commission in April. Critics have complained that the existing system for examining deals is too slow. A deal between drinks makers AG Barr and Britvic was scuppered last year after the OFT referred the tie-up to the Competition Commission. How does your Investment Garden grow? Alliance Trust Shares in Dixons rose by 2pc on Tuesday as investors continued to digest the potential merger, while Carphone Warehouse shares slid 1.5pc. Mr George said: “Synergies will arise from better buying terms from suppliers and head office cost reduction but we see less opportunity for property savings.” Kate Calvert, analyst at Investec, said the merger is “strategically logical”. She added: “A merger is strategically logical in our view. Both businesses are industry leaders in their fields and the way technology is developing and converging, both are increasingly looking at connective services as a potentially lucrative revenue stream in the future. “Dixons has talked about services as a developing revenue stream and Carphone has its Connected World concept and recently announced a collaboration with Samsung Services to open 60 stand-alone experience stores.”
A potential merger between Dixons and Carphone Warehouse is likely to face an investigation by Britain’s competition authorities, analysts have warned. The electrical retailers confirmed on Monday that they are in early talks about creating a company that would be worth almost £4bn and have more than 1,200 shops in the UK. However, Freddie George, analyst at Cantor Fitzgerald, warned that any merger is likely to be referred to the Competition Commission “in view of the convergence of the technologies and the service dominance of the two businesses even though there is limited overlap in the categories”. If the companies do agree a merger then the tie-up could be the first major deal to be explored by Britain’s Competition & Markets Authority, which is replacing the Office of Fair Trading and the Competition Commission in April. Critics have complained that the existing system for examining deals is too slow. A deal between drinks makers AG Barr and Britvic was scuppered last year after the OFT referred the tie-up to the Competition Commission. Shares in Dixons rose by 2pc on Tuesday as investors continued to digest the potential merger, while Carphone Warehouse shares slid 1.5pc. Mr George said: “Synergies will arise from better buying terms from suppliers and head office cost reduction but we see less opportunity for property savings.” Kate Calvert, analyst at Investec, said the merger is “strategically logical”. She added: “A merger is strategically logical in our view. Both businesses are industry leaders in their fields and the way technology is developing and converging, both are increasingly looking at connective services as a potentially lucrative revenue stream in the future. “Dixons has talked about services as a developing revenue stream and Carphone has its Connected World concept and recently announced a collaboration with Samsung Services to open 60 stand-alone experience stores.”
IMO that with the share price now moved just into the 44p zone, that the £1 many discuss coming this year I feel is way of pace. Seb talked about reaching £1.10 for us to re-join the FTSO 100, I feel this is a bit of a pipe dream for us and him while he continues to play down the out look each time he talks to the press. Even with recent good times, many broker up grades, we find these share 25% away from where many predicted and hoped @ 55p. I would love to see these shares climb and hold with a large portfolio I carry with Dixons, not sure what else we have in the tank to take this where we need and I feel we deserve. Reducing property will certainly help for 2014/2015, and with Pix nor gone, I am sure the year end will be positive. With the FTSE at a record level since the dark days, we find this share well of the pace. For those that can afford it., we will need to hold for some time before we see our rewards I feel. GLA
up grades before we see this dam share race ahead. Little concerned that FTSE so high and we ain't see the benefits, if the markets drop, who know's where this will end.
What is your thinking for the post, old news, or are you thinking it nay be back on the agenda ?
Two good statements in four weeks, Pix has gone, all seems positive, yet the fall again. Starting to feel this is a dog of a share and may need to look at an exit point soon. Really disappointing.........not sure when we will see the 60p + 70p we all keep hoping for.
Well with a poor set of results from a number of retailers, we find ourselves dragged down again. Lots of talk that we are moving towards 60p. but I don't see it any time soon. With today's drop and the FTSE already high, now sure if this as the leg's to get passed 52p even with a great set of results. Thinks we may need to hold until the year end for any real bounce,although knowing our luck it is factored in, GLA
Recovers +180 after FED decide to only reduce QE,............let's hope this gives the UK market and Dix a good push tomorrow.