Member Info for mrbushi

They just need to replace with a manager with pride that cares.

Yay just before interims !

This should answer your question

· Net cash proceeds of the disposal are expected to be approximately £156 million (€179 million) at completion, after taking into account transaction and separation costs, intercompany balances and cash in the business;

· In the short term, the Board intends to use the proceeds to reduce net debt and then at the appropriate time, following peak trading, enter into discussions with pension trustees regarding the potential to reduce the pension fund's accounting net deficit and required future contributions. Reducing indebtedness may also provide, at the appropriate time, the Group with greater flexibility to invest to grow the business, after which Currys will also explore the potential to return any surplus capital to Shareholders;

So you wake up with an air of optimism, you look across the bed to find your partner gone and taken the dog too. Thanks a bunch Currys!

With the Pound being so low against the Dollar could it be there are preditory companies from over the pond circling Curry's again. At the current price and this historic exchange rate surely there are eyes on them?

Risky but good short term strategy. This should increase footfall into stores. Buyers do tend to be price conscious on the primary purchase but not so on the additional items that can be very profitable, ie Printer plus inks paper etc etc etc or even to switch to a better value product that you were not aware of.
How often have you gone to purchase at the lowest price only to walk out the store with a bagful of additional impulse items that you didnt price check while you were there?

*snapshot.

In short, the DRESS Pension scheme at the last triennial snap shop showed a funding shortfall in which the Trustees had agreed with DSG board that DSG will make payments to the scheme with the aim of eliminating the shortfall with payments of £78m each year untill Dec 2028. The next actuarial valuation is due 31 Mar 2022 ( Summary funding statement sept 2020 )

I dont get it. Who's gonna sell thier shares at low share prices? and whats in it for the rest of us?

Is this also to reduce the shares available to a possible future Amazon takeover?

Just a thought. Amazon have now dipped thier toe into bricks and morter non food Bluewater adventure. Could this be a sign they are eyeing Curry's as a future prospect. What do you think?

Final Dividend Payment Date 24-Sep-2021

This is nothing new. Back in the day the astute high street Managers would often cut out the in house delivery services to Quickly get the product into the customers home. This also meant there were no "failed deliveries." It could often be a sale clincher too as the customer would know the precise time of arrival. It was a cheaper option than the more expensive inhouse operation. Im surpised it has taken this long for the company to catch up with what was happening then and use that sector of the service industry as a recognised partner.
this flexibilty meant we could act far quicker than many of our competitors which gave us an edge.

Sp has picked up a bit since we commented, is it something we wrote I wonder ? 130p would be in the right direction in the shorter term for me and a regular divi would be welcome too :)

Hi do8erman, thank you for your response, maybe I wasnt very clear, I had already made my mind up to purchase at this store before I had even left home. I maybe should have said that I was observing with my now retired hat on. and yes maybe I do have too much time on my hands, I try to fill it with a well meaning and positive outlook. I too was a Store Manager with 28 years service and am fully aware of peoples back stories. I had the best Job and would do it all over again with a genuine smile on my face which becomes infectious amongst all collegues. I would give my time to them to raised moralif needed and inturn I would expect them to make thier customers visit to the store an enjoyable one too. With regard to the forum we are on, hopefully my observations only suggest that a genuine smile and a greeting cost nothing and just might add to the bottom line.

At the weekend our built in oven failed. I researched online and yesterday went to my local Currys PCW store. I was early and waited at the door for opening time. Inside I could see the "morning brief" taken by an animated supervisor taking place. in the 10 or so minutes I observed the faces and body language of all participating. One member of the team did look at me and gave me a bright smile, the rest still looked like they needed another couple of hours in bed. The doors opened and one of the management team filtered and let members of the public in accordingly. While I was in there, all were going about there work but there was no enthusiasm or smiles the faces of the staff. Thankfully I found myself being served by mr smiley. I wont mention his name here but I will give him a glowing reccomendation when I get the customer feedback survey. Whatever the challenges at this time that Covid has instore for us all. I couldnt help but think what an opportunity to turn depression and the mood of the nation into sales. Im sure if the one thing all the staff were to do was smile & be entusiastic in their work there would be a noticable improvement in sales in this and every other store. I will close by adding yes and thanks to mr Smiley I did buy the Oven with 5 year warranty, Delivery & Installation, and old appliance taken away for free recycling.

Full Steam Ahead. https://www.dixonstravel.com/dixons-travel-signs-pivotal-12-month-po-cruises-contract/

Things were begining to look promising then hey once again SP takes a tumble. However, iv'e allways been in for the long term so as long as we keep receiving a respectable divi then I will keep riding this roller coaster.

So did you buy one then?

So did you buy one then?