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One article for general reading about TSCO http://www.retail-week.com/companies/tesco/analysis-how-is-tescos-multichannel-strategy-developing/5053589.article and this as well http://www.retail-week.com/sectors/food/comment-tesco-must-ride-out-the-european-storm/5053584.article?referrer=RSS
A further reduction on short exposure by Marble Arch Invest as of 30th Sept leaves DXNS short position down to 4.36%.
Absolutely right. DXNS has said nothing but brokers based on EPS increase have forecasted/anticipate and penciled in the price IMO a 0.02p dividend announcement. That said, when and if announced by the company it would be great news as it would confirm EPS estimates and a strong trading performance. Lets wait and and see I suppose.
Ha ha ha ...yep you are right we are not far now...I can offer you as an alternative though an option on pork bellies futures ! What about that for an offer?
The forecast for DXNS for 2014 is a 0.02p dividend with a 0.32p dividend forecast for 2015 yielding 0.7%. EPS expected to be +60% for 2014 at 2.4 p.
Shorters in the stock have been reduced as of yesterday to just 4.37% as Marble Arch Invest bought back stock to reduce their shorts. All good news but we need some serious buying to go above 48 p or potentially the remaining Broker with a sell note on the stock to give an upgrade! I wish... On the other hand the 45.5 p level seems to be a good support level at the moment something we have recently exploit and added a further 150K shares to our holdings to bring them well over 1Mio. I was of the opinion that the stock would move positively higher but it seems that the price targets given by a number of brokers and the so called 'fair value price' level are at the moment proving an obstacle as is the forthcoming Royal Mail cash outflows....So in my opinion Buy on weakness, sell on peaks but remain 'long' for the long term.
Well bid at the moment. Over 40.5. Looking to head upwards to 41p+ soon
Stock is looking for direction at the moment with significant resistance around the 48p area. Total amount of short positions in the stock now reduced further to 4.47% as of 24th of September. With the level of uncertainty seen in many stocks in the large cap market, DXNS offers a solid investment IMO for growth in the future.
It is also of interest to notice that Marble Arch investments just opened a short position of 1% in the Stock. That is FYI Only. Total short positions is 5% approx. So they may be part of the selling encountered last few weeks.
You are mistaken on the articles ...as they are all widely available without subscription [ a simple Google search would suffice as per standard ;) ]. What is your take please on the 'fair value' issue? I believe from talking to MM's that to be the case of the stalemate at he moment? What are all the other BB members say on that question?
http://www.retail-week.com/comment/nick-bubbs-verdict-dixons-could-the-dream-scenario-come-true/5052742.article#.Ujhv-NKsiQJ ops the first general article...
I would like to point BB members to this article early in the month. It has a good summary of issues on DXNS IMO. But as I read many BB members comments on the static profile of the share price of late I would like to highlight the issue of the 'fair price' for the stock. IMO DXNS is trading over the fair price at the moment. Not by a lot but nevertheless over its fair price. It is a member of Euro stock index and in many ways I believe the MM's would rather follow a defensive approach on the stock rather than a mark up followed by massive selling/ profit taking and a significant retrace. That is MO. I personally would value more the creation of a resistance plateau for the share, as it is at the moment, where the buying volume would steadily built up over say a period of a few weeks and then a move to a higher level. Perhaps that is what the MMs think as well. The key here is the 'fair value' issue. What do you think about that? Also please have a read through this link as well: http://www.retail-week.com/sectors/electricals/dixons-sale-of-pixmania-and-electroworld-what-the-analysts-say/5052743.article#.UjhwFtKsiQI and this one please: http://www.retail-week.com/sectors/electricals/analysis-what-do-dixons-sell-offs-mean-for-the-retailer/5052758.article#.UjhwmtKsiQI I hope you find these three articles informative and relevant to the subject. For those of BB Members that have already had a look in anyone of the above articles, my apologies. Hope that is of help to all.
Hi Sid! I am amazed but you have exactly the same type of orders I have launched as well! I would not worry that much on DXNS. The share would appreciate in value gradually. Take a look at these poor poor people in FJET...This is THE definition of a club of wild gamblers! All thought they would make thousands of FJet quickly and here you have them all complaining. Human Greed I can understand...but Greed AND ignorance is a lethal cocktail! I was about to post a message on their board saying....could the last man exiting the stock please shut the door.... but I did not as I do not invest in AIM stocks. But there you go...we believe in DXNS and I am positive the share would not disappoint its long time holders.
With all respect the fact that someone is short on a stock does no necessarily mean that he has to physically buy it back. Do not ignore the potential of the options market where he can offset the position gradually. As to your question about HOME please check carefully the technical analysis on this stock, the retail market outlook and especially the Historic data on the charts over the past 5 years. You would soon realize that the fundamentals are favorable as are about DXNS. Now though you do have a valid point to wonder why we seem to have come to a stop I fully agree. My take on the current situation is that this is possibly a temporary breather and the stock would continue its upward movement in a steady pace. Wishful thinking ? Perhaps, but without any significant question marks overshadowing the stock and provided the overall market holds its level there is no reason other than pure profit taking that would hold its advance higher.
It is interesting to point out to all that DXNS trades at the moment at 15% of where the share had been roughly 5 years ago. ...Wishful thinking or a target for the future?...Only time will show
Regarding your question this is not a stock we follow. It may be as you predict but I will be the wrong person to comment on that stock. Use the principle rules I have mentioned before trade sensibly without worrying whether you missed the boat on a particular share or if you were too cautious and did not jump on the bus on another. Trade when YOU are happy to do so, be responsible for your trades and do not panic. Keep reserves and research as much as you can a share before jumping in. The Market is unpredictable like life is....so trade sensibly and keep your faith in DXNS!!!!
Hey! I was only kidding you!!!!! When trading do not let yourself be influenced by ANYONE. That is No1 Rule! You are alone. Think of YOUR strategy on the stock....and time your strikes knowing apriori that it is impossible to judge the highs and the lows of a circle all the time. Do not rush but do not postpone your trades for ever . All in all buy and sell when YOU are happy to do so and do not let anyone influence you one way or another. All the best with your trading. I do make mistakes mate...I am responsible for a fair number of clients and believe me no-one can claim that is always right. Finally the second most important rule do not be tempted to be 100% invested...always keep some money say 30%-15% of your total fund in cash for opportunities / top ups/ unpredictability etc.... Do not be tempted by large falls or big spikes and invest 100% of all your funds ..keep reserves. GL and All the best!
To be honest I can not comment on other colleagues research. But what I believe would be interesting is the basis that this recommendation is formed. So I would ask for it and have a good read through it. If anything new appears I would let you all know. But you might be right and that may be the start of a short selling scenario...only future will tell. Wish you the very best with your trading.
Hi Mate! Aren't you a bit on the generous side here? ;) I put my orders at 45.10 - 45.35
06-Sep-13 AlphaValue Sell 39.90 40.60 Downgrade I would really wish to read through their reasoning for that....