Net,
Well done here.. I sold out too soon.
Happy New Year all |
Retail sales up last month.
Latest figures out this morning |
Next tranche of Samsung american style fridge freezers being purchased soon. |
Simply Wall St:
Currys
CURY
Last Price £0.93
23.0% undervalued
Fair Value £1.20
Price target increased by 9.8% to UK£1.11
Up from UK£1.01, the current price target is an average from 7 analysts.
New target price is 20% above last closing price of UK£0.93.
Stock is up 88% over the past year.
The company is forecast to post earnings per share of UK£0.053 for next year compared to UK£0.024 last year. |
 AJ Bell is forcasting monster rises for FTSE over 2025
AJ Bell press comment – 17 December 2024
AJ Bell FTSE 100 forecast for the end of 2024: 9,000
Inflation, monetary policy and commodity prices are key variables
Dividends, buybacks and takeovers should supplement any capital returns
Prevailing gloom means UK equities look cheap on an earnings and yield basis
“After a steady advance of 7% in 2024, the FTSE 100 stands a fraction below the all-time high set in May, and that capital gain comes with dividends, share buybacks and cash inflows from takeovers on top, to confound the prevailing bearish tone of commentary on UK equities, at least to some degree,” says AJ Bell investment director Russ Mould. “Total returns from the UK stock market in 2024 handily beat cash, bonds and inflation, but the poor comparisons with the USA remain the stick with which the FTSE 100 is constantly beaten. Whether the NASDAQ and S&P 500 will finally run out of puff in 2025 remains a matter of debate, but value- and income-seeking contrarians could be forgiven for giving the UK a closer look, given consensus forecasts for earnings and dividend growth.
“The UK stock market did lag that of the USA and many of its global peers once more in 2024, even as the Bank of England began to cut interest rates, the general election delivered a decisive result which could end the merry-go-round of incumbents in both number 10 and 11 Downing Street and nearly 50 UK-listed firms acceded to takeover bids from home or abroad. |
Yeah Currys nearly always have a good Christmas, people find money from somewhere for presents. |
Strong wage data (released this morning) should mean Currys have a good Christmas....
Touchwood... |
Fair enough and a profit is a profit at the end of the day. |
Tim: I do have a few left...
I think DRONES and AI LAPTOPS will be huge this Christmas. |
Looks a pretty solid set of results.
Not sure how they work out the new taxes will only cost £32m but hey I'm not an accountant!
The fact it held and built on the gains during the day is a big positive especially as it has broke through resistance.
Not sure why you would sell here if you believe in the company.It seems to have delivered on what it promised with more to come.
Next test will be the peak update usually in early Jan. |
Agree and maybe bidders will come back?
A new high for the year today |
Agree schof multiple's of now patience as always |
Currys are doing very well under the circumstances. They are showing resilience in the face of some extreme events. They are currently trading at near the bottom of a severe trading cycle and with the future (even with a labour government)looking positive, we should see this move up to a decent level in the next two years.
One for your ISA or SIPP with lots of capital gains IMHO.
Fully loaded.
Hope you didn't listen to all the crows squawking earlier this year, they just want to rob you. |
A nice climb in price |
Fair point steeple I'm sitting on the side of the fence that says it will and expect some more positive brokers post pension review. |
Currys has been containing costs and trimming cap expenditure so the recent budget has simply exacerbated things rather than derailed their corporate strategy.The question is how long demand will hold up post Christmas.The suggestion is that interest in A1 laptops in particular might enable Currys to buck what is a deteriorating retail industry outlook.Nordic operations remain difficult albeit improving in a very tough environment.It all comes down to rating which is pretty undemanding but in a UK equity market which appears drab and uninterested compared with all the fireworks surrounding Nasdaq,its anyones guess whether the share price pushs on to over a pound. |
All positive,guidance unchanged,dividends returning,pension review looking good can see a return to the 1.20 of dec 22 |
Interestingly they appear to suggest that the extra NI bill will have little or no impact on profits or turnover.....
Retailers tell the government and media one thing and the shareholders another
😀 |
I sold. Took profits.
Thanks guys. |
I cant understand why there are no messages...
Is no one interested in Christmas?
😀 |
This is what I've been saying for ages:
"
One highlight is rising demand for AI laptops, where we enjoy over 75% market share in the UK. AI is a trend with a lot further to run.
" |
Sounds good:
"
Current year outlook
· Trading since the period end has been consistent with the Board's expectations
· Full year guidance unchanged - the Group continues to expect growth in profits and free cash flow for the year
" |
The Group has assessed the impact of recent changes to Government policy including the recent budget. The full year aggregated impact is expected to be an incremental cost to the Group of £32m |
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