Member Info for OldFool13

Why is the price dropping?

RI do not always make a share drop. It will depend on how it will benefit the current holders and how it may help the company do better in future. If current holders do okay or well out of a RI then they are unlikely to sell, therefore holding the price up. If the RI creates new money for the company that addresses problems that has made the SP drop in the first place, then it will also have a positive effect. Ever since this has been raised the SP has risen (due to a combination of factors) and that I beleive is the verdict of holders; essentially seen as a move that will help DSGi move forward quicker, sell more gear, make more profit, holders get a rise in SP .... When the new shares are released and holders are able to trade them then a retrace may be on the cards but that will also depend on many other factors.

c'mon people take a chill ..... I have seen numerous posts referencing Shaon, and sometimes a bit negative, but what is exactly wrong with that. If I'm upbeat on a share and someone comes in with a negative I listen and research some more. Shaon MAY do you a favour, or may have got it wrong, but no need for an attitude.

last week and have been watching for a re-entry point, and every time it gets close, people buy and push it back up .... if I wait too long I just know I will have to watch the boat sail away ...and with Oil prices up .... omg starting to panic LOL

where did the "s" go

Bankit you poke too soon ..... another buy lol.

I think Mr S realises this ramp is over

that I got caught on last time

we are just too damned quiet! Poor weekend for us and the stores I looked through today were even worse! Also I just want to add that staff are looking to their PDR's as their main way of securing better wages, and only the best are getting the extra wages.

I like the upbeat tone of this and the "record revenues" part http://pr-usa.net/index.php?option=com_content&task=view&id=204770&Itemid=28

In fact my stores optimistic views seem unchanged, but here answers why IMHO 1. well we never expected one anyway! 2. no change really, however individuals have been really upset by the nee to change their normal hours to that required of the business, but this has been management, business and normally non weekend workers. 3 we knew this anyway and those of us that dont go sick are happy because if ur not sick in 12 months then it you get a three day sick paid "bank" 3. sickness no longer paid and even genuine sick noted sickness is payment ignored even after the 3 days that DSGI had set. 4. defo wrong - we have 1 lazy CA that boss cannot get out the door as he has not been given 3 warnings- company very strict on this 5. same as last few months - but it does not matter because Cabs is providing a motivating benefit. May I ask a question? Are your stores underacheiving and therefore coming under pressure from above? I might understand this view then. Currys staff may have their happiness factor reduced as in previous years their performance of add-ons has been poor in comparison to PCW and I think they are getting pushed much harder.

The day after selling this gets a good rns! FFS after so long my patience ran out and I bailed ..... bloody hell.

I don't know what to make of these days that show 10+ small buys all usually within seconds of each other. Each time its been done, nothing has really changed with the SP.

Fives is taught longer in WNR stores and I do not know what that entails, must be some product traing surely! We are not WNR, so I do not know. However three stores in our region are WNR and we consistently out sell, out gun and out perform each of them by miles! BTW I am not highly intelligent, probably "average", I just like to find out information and be able to do the best for each customer. Its not hard realy!

The first 3 questions you are supposed to greet customers with are: 1/ Hi - what brings you into the store today? 2/ Are you a PC Performance customer? 3/ Are you intending to pay by cash or credit today? These are not the exact words but I never use them, because .... 1/ Its an okay greet but it usually encorages a defensive answer (just to browse) 2/ This will bring either a surprised look, bordering on "are you mad? Usually you just get a NO! (remember this bit as its important later. 3/ Bearing in mind the last 2 possible negatives this one is just pure irritation the the customer, and once again its often replied defensively, unless they actually are coming in for credit, then its often asking if there is interest free available, now staff are saying NO! One of the cornerstones of fives is mood matching and staying away from negative answers (yes, Yes, YES!!!) (both good ideas, no critisism on this part) However the second two answers often bring NO's so its contradictory to start with! A ridiculous start to a customer greeting! Fives addresses customer handling, sales, and how to get the customer out the door with maximum attachments, and is Nothing, Zilch, bugger all, zero, about product training. i have not had one product training day whilst working there! However to proove a point the most sucessful money earners know the least, and wouldn't know a good processor if it came at em snarling! Yet they sell the best! Not a good long term policy methinks!

Part of the bonus is correctly called Cabs, as comission would insinuate that staff get paid well. There are various bonus's for Office, Norton, Services and Macs. So no its hardly commission is it, but for the sake of brevity I did not want a long explanation. The staff doing the best out of this comission and lifting their wages 30% are those that are young and hungry. I don't do too well as I look after all my sales and take longer, as I'm old enough to believe in customer service. No problem this weekend for service, we had a nightmare quiet weekend! Do I see total negativity in DSGi? No, and something happened last week to lift my heart in hope. PCW put a huge amount of Printers, TV's, Monitors into .97 clearance. This should mean new lines will arrive soon which is very much needed. Also they have announced further lines to be sent back to get rid of some of the bloated stock and they have allocated a budget to account for this. I feel that this year will really start in October / November, as is usual; but crucially it is the time we hope to see Windows 7 launching. Anyone who has tried this new OS in Beta (I have) has been greatly impressed by its speed and it alone should give a major boost to Laptop / Desktop sales, that Vista never did. I can forsee a quite different year ahead for DSGi if only a few more green shoots can grow a bit in the general economy. Until the autumn my guess roughly mirrors your own prediction.

FIVES has done almost NOTHING to add to the profitability of each sale, but comission has! In the last couple months staff can earn pretty good money by selling certain products with Laptops and TV's and for selling services. This has vastly increased sales attachments not FIVES. In my store we are top of the region consistantly and almost all of us view fives with disdain and largly ignore it, but do enough to keep the bosses off our backs. When I first invested in this share in December I made great money out of it but it should never have been valued that low. However there are genuine mistakes being made that worry me for the long term viability of DSGi. For instance they has raised the price of inks incredibly in the last year. Take HP 363 multi inks as an example; was £27.99 then 38.99 at Christmas and now £48.99. Customers are walking out in droves to find other ways of buying it. Tesco does it for £35.49 and I can buy it online for £24.99. Tescos are getting good at selling the same products as DSGi and driving customers straight to them is long term madness! The shocking state of stock levels is fundamentally bad, Making 120% profit on inks is madness. Also like for like sales are terrible comparing to last year, only saved by the sales staff incentivised through comission has saved this 2009 performance.

we seemed to have kept under the radar of the rampers so that is good . I am glad that others are here, because I have been trailing these since Christmas and thought I was wrong in my research lol!

rises each time a trade is made, almost desperate to be at a better price. Just glad someone else is onboard here, as I've been feeling very lonely.

where did that nice little rise come from :-)