Carphone Share Discussion Threads

[libertine] 18/6/2008 09:12

Carphone Warehouse resisted the trend at 223.75p, up 4.25p as it extended its US in-store partnership with Best Buy outlets in China, Mexico, Turkey and Canada

[robo63] 17/6/2008 21:53

What you saying Blue? this is only worth 3p now, wish you'd make up your mind!

[bluelionking] 17/6/2008 18:33

130,000 people pre-register interest in 3G iPhone
17/06/2008 16:13:09 3G version of the iPhone set to launch
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O2 reveals cut price Apple 3G iPhone plans
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O2 reports more buzz around second version before launch...
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Consumer interest in the 3G iPhone is nearly four times more than that of its 2G predecessor.

More than 130,000 people have pre-registered on O2's website since the phone was unveiled one week ago.

Only 35,000 people pre-registered their interest in the previous phone between its unveiling on 18 September and 9 November 2007, when it went on sale in the UK.

A spokeswoman for O2 said: 'The interest is from a mixture of existing iPhone customers, existing O2 customers and new potential customers. People are signing up for email alerts about new products.'

She added: 'There was no existing iPhone before the launch of the first version so it is hard to know how much bigger the extra interest is in the new handset.'

Many consumers were put off by the £269 initial price for the first iPhone, so Apple has allowed O2 to heavily subsidise the new handset for contract customers, giving it away free on some contracts when it goes on sale on 11 July.

Carphone Warehouse has similarly seen a big increase in people pre-registering for the 3G iPhone compared with the device's predecessor.

[bluelionking] 17/6/2008 17:08

now its ready for a takeover

[bluelionking] 17/6/2008 16:37

RNS Number : 9368W
Carphone Warehouse Group PLC
17 June 2008


RNS Announcement

Tuesday 17th June 2008

For Immediate Release

The Carphone Warehouse Group PLC ("Company")

Transaction in Own Shares

The Company received notification on Monday 16th June 2008 that the Company's Employee
Share Ownership Trust ("EBT") has acquired
2,420,023 ordinary shares in the Company at a price of 214.5444 pence per share.
The EBT has acquired these shares for the purpose of employee share schemes and other
bonus arrangements satisfied by shares.
Executive directors of the Company are classed as being discretionary beneficiaries of the
EBT and are consequently considered to be
interested in such shares held by the EBT. However, such shares are not presently being
awarded by the EBT under any scheme or otherwise to
any beneficiary and any future specific award to any specific executive director would be
announced separately at the time of such award.
Following this transaction, the EBT is interested in 9,992,758 shares in the Company,
representing approximately 1.1% of the issued
share capital of the Company.

[bluelionking] 17/6/2008 14:17

Best Buy has further elaborated on its plans for the UK and European markets, stressing that its slowly-slowly approach is critical to it not meeting the same fate as other success business that have tried to make the move across the Atlantic.

Speaking at the British Retail Consortium Annual Conference yesterday, Best Buy's international chief executive Bob Willett said that the arrangement between the US retail giant and Carphone Warehouse was vital. He also said relying on the knowledge and experience of ex-pats and listening to local customers was another key aspect of its strategy.

"Joint-ventures are wrought with danger unless you get the culture right," he told the conference. "At Carphone Warehouse's head office in Acton and Best Buy's in Minnesota, the cultures are the same. We've had an engagement for four years and we were married recently."

He praised the business experience of CPW chief executive Charles Dunstone, who he attributed the success of its US chain of mobile stores to.


"Charles provided great insight and taught us about mobile phones. Our 500 mobile shops' market share is now in double digits, whereas it was only in single digits before Charles' input."

He also spoke about the introduction of its Geek Squad brand into the UK via CPW, alluding to its success as a barometer of Best Buy's potential for success. He also cited the retailer's success at introducing its Future Shop chain into the Canadian market using a similar expansion strategy.

Another aspect of the business he said is critical to the retailer's success is its constant re-invention of itself; something it believes is imperative, especially in a market where what it sells revolves around a constant stream of new and ever more innovative products.

Related News

Best Buy expands on UK plans

Best Buy to open eight new stores

Wal–Mart signals tech-support move

Best Buy expands recycling scheme

Best Buy to open second Puerto Rico store

[bluelionking] 16/6/2008 16:25

mate I bought them at 6p and been holding ever since

LOL!!!

[marycurer] 16/6/2008 16:14

still not too late to recover your losses in mrp

[bluelionking] 16/6/2008 14:10

RNS Number : 7983W
Carphone Warehouse Group PLC
16 June 2008


RNS Announcement

Monday 16th June 2008

For Immediate Release

The Carphone Warehouse Group PLC ("Company")

Transaction in Own Shares

The Company received notification on Friday 13th June 2008 that the Company's Employee
Share Ownership Trust ("EBT") has acquired
1,500,000 ordinary shares in the Company at a price of 215.411 pence per share.
The EBT has acquired these shares for the purpose of employee share schemes and other
bonus arrangements satisfied by shares.
Executive directors of the Company are classed as being discretionary beneficiaries of the
EBT and are consequently considered to be
interested in such shares held by the EBT. However, such shares are not presently being
awarded by the EBT under any scheme or otherwise to
any beneficiary and any future specific award to any specific executive director would be
announced separately at the time of such award.
Following this transaction, the EBT is interested in 7,607,071 shares in the Company,
representing approximately 0.8% of the issued
share capital of the Company.

[bluelionking] 16/6/2008 14:09

BAE Systems – We are retaining our buy recommendation and increase to 525p our fair value estimate for BAE Systems (BAE). After a better-than-expected 2007 performance and factoring in acquisitions, plus contract wins, consensus estimates have moved up. So our fair value estimate can increase and remains based on 2008 forecasts and a 15% European sector premium.

In uncertain markets, we are attracted by BAE's lower risk growth outlook, backed by a good defence order book, while good cash flows provide additional acquisition-backed growth possibilities.

Carphone Warehouse – We are retaining our outperform recommendation on Carphone Warehouse. The announcement of a joint venture with Best Buy, enabling the US retailer's move into the European electricals sector, was met with scepticism from the market.

Such scepticism could be largely attributed to the fact that the deal is earnings dilutive in year one, alongside fears as to how Carphone would use the £1.1bn in cash. We believe that the market is underestimating the potential of both the joint venture and Carphone's fixed line business. For a start, the deal resolves balance sheet concerns, raised at the Q4 results.

It also crystallises some of the value within the retail division at a healthy 6.6x EBITDA, which equates to a slight premium to Best Buy's current multiple. Three quarters of the revenues will now be coming from the fixed line division, where the increasingly visible, strong growth warrants a much higher multiple in our view.

We have revised our fair value lower to reflect a higher WACC (due to a higher equity component) and a more conservative forecast on broadband margins. Our 360p DCF derived fair value would put the shares on just over 14x calendarised 2009 estimates for close to 30% earnings growth.

[bluelionking] 16/6/2008 14:06

Elonex: 'CPW to lead laptop sales by 09'Ben Furfie Today, 11:45am
Be first to comment
Elonex marketing director says he sees retailer becoming market leader in 12 months
UK system integrator Elonex has said that it believes Carphone Warehouse has the potential to become the largest vendor of laptops and sub-notebooks within 12 months.

Speaking following the announcement that the firm had signed a deal with the retailer that will see its own sub-notebook, the One, sold exclusively through its stores, marketing director Nick Smith told CRN's Doug Woodburn: "We were asked by five or six of our major retailers, including two supermarkets, to supply them exclusively.




"However, it is our belief that Carphone Warehouse will be the largest supplier of notebook PCs and UMCs within 12 months," he added.

The retailer will be made available for free with a mobile broadband contract.

Elonex: 'CPW to lead laptop sales by 09'

[bluelionking] 16/6/2008 11:50

Carphone Warehouse Director/PDMR Shareholding




RNS Number : 7792W
Carphone Warehouse Group PLC
16 June 2008


RNS Announcement

Monday 16th June 2008


For Immediate Release

The Carphone Warehouse Group PLC ("Company")

Director Shareholding

David Grigson, Non-Executive director, notified the Company on Friday 13th June 2008 that
he has acquired 10,000 ordinary shares in the
Company at a price of 217.99 pence per share. Mr Grigson's total interest is 10,000 shares in
the Company, representing approximately 0.001%
of the issued share capital.

Contacts:



CLEARLY THE COMPANY FEELS THESE ARE WAY UNDERVALUED

LOL

[cover] 15/6/2008 16:55

"DEEP FUNDAMENTAL VALUE"

Carphone Warehouse rallied 6.1 per cent to 214¾p as broker comment put a shine on the disappointing forward guidance attached to Thursday's full-year results.

Citigroup, upgrading Carphone to "hold", said that a deteriorating outlook was already in the price, while Lehman Brothers said the stock offered "deep fundamental value". Separately, Best Buy may provide more detail on its joint venture with Carphone when the US retailer reports on Tuesday.

[bluelionking] 14/6/2008 11:49

people closing shorts now.. trend will be up.. 11th july looming.. watch people que up outsite cpw for the new iphone.. everyone is talking about it and wanting to get one..

the big plus in the results is the reckoning people will move from home broadband to mobile broadband.. with wimax getting rolled out the whole face of broadband internet is changing.. I am relieved they did not persue tiscali

[martin44] 13/6/2008 22:05

Mary it's all over this is now going only one way............!

[robo63] 13/6/2008 19:55

Mary,

Is that the target for MRP?

[bluelionking] 13/6/2008 14:35

youve had it now!!

[marycurer] 13/6/2008 14:03

£1.68p target

[marycurer] 13/6/2008 14:03

£1.68p target

[libertine] 13/6/2008 10:53

Carphone Warehouse 207 up 4-1/2
SG/Daniel Stewart'buy'; Citigroup 'hold' from 'sell'; results last Thursday

[bluelionking] 13/6/2008 10:33

NOW IN PROFIT FINALLY

[marycurer] 13/6/2008 10:14

Nice to see the charlatans in the city cutting their price targets but unfortunately they are just to slow.

Mary has already cut her price target to £1.68p weeks ago.