Currys Share Discussion Threads

[netcurtains] 30/9/2024 17:03

thanks munchbowl

[munchbowl] 30/9/2024 17:01

https://www.currysplc.com/news-media/press-releases/2024/currys-lifts-up-circularity-credentials-in-latest-repairs-campaign/

[munchbowl] 30/9/2024 17:00

https://retailtechinnovationhub.com/home/2024/9/30/ltimindtree-boosts-partnership-with-currys-as-pair-tap-salesforce-service-cloud-commerce-cloud-mulesoft

[davebowler] 27/9/2024 07:43

.....value? The SOTP (on prudent assumptions) is worth far greater than the current equity value. The dividend could yield 2-4%, and a

[davebowler] 27/9/2024 07:42

Panmure- Liberum research-The Nordics CMD was impressive showcasing Elkjop, a market leader with c.28% share. This is a very high-quality business with digital & services integrated at every level of the customer journey. The resilience over the last 15 years should not be overshadowed by macro events of the last 2 years. The CMD revealed >7 revenue and margin drivers that are in managements control. Near term margin targets appear achievable but these may prove cautious, and this is where the alpha exists for investors to exploit. If the macro improves then the groups 20% drop through margin will drive substantial upgrades and targets will be reset. Near term share price catalysts: pension triennial review from Q1'25 could free up FCF, the reinstatement of a dividend (could offer 24% yield) and peak trading could be robust with tech replacement cycle + AI product rollout as attractions. Key points For every 1% change in sales is a £10m PBT uplift. FCF is low due to elevated pension payments but with these ending in FY27 or maybe reducing next year post the triennial revenue suggests material equity value could be released in the near term. In the meantime, a current FCF yield of 3% for Dec-25E, could double from a 2% change in LFLs. Value drivers Revenue upside from B2B, tech replacement cycle, AI product rollout, integrated services, the opportunity to monetise data, accessories attachment rates and new channels. However, the strong retail skill sets vs. competitors speak volumes as to how entrenched Elkjop's competitive advantages are. For only a 5% sales uplift, earnings could beat by 50% in FY25 & 78% in 2026 What market misses The group is not the transactional led, product push model some perceive it to be. Once many of the new initiatives scale, margins could very well improve to beyond pre-COVID levels Is there value? The SOTP (on prudent assumptions) is worth far greater than the current equity value. The dividend could yield 2-4%, and a

[netcurtains] 25/9/2024 08:48

slight increase by goldman sachs

[netcurtains] 25/9/2024 07:49

Do you Apple i-phone 16 AI (out by december?) will be good for Currys Christmas sales?

[netcurtains] 24/9/2024 21:07

To have sold them, someone must have bought them.....
😀

[dennisbergkamp] 24/9/2024 21:06

He’s a value hunter… you can replace the H

D

[tim 3] 24/9/2024 20:47

Interesting think he mostly bought way below here though so he's done ok

[kelso29] 24/9/2024 19:35

I see that Mike Ashley is leaving this sinking ship, he has slashed his holding from 10.9% to 2.8%. He obviously knows how tough the retail environment is. More will follow I'm afraid. Back to the 70's I think.

[millennialinvestor] 24/9/2024 08:33

Samsung frige freezer all delivered by Currys at the weekend, great driver, very polite. I think my purchase spiked the share price to 85p. Big Love

[netcurtains] 23/9/2024 13:59

Thanks Sikhthetech......
Hopefully this will follow through to the Nordics too.

[sikhthetech] 23/9/2024 13:31

Netcurtains, well done.

You were right about Curry's being in the right space for Laptop sales.

[netcurtains] 23/9/2024 12:22

No one breathe but its looking like I was right about AI enabled laptops all along....
But early days......

I know I need a new laptop and I certainly am not the only one.

[tim 3] 23/9/2024 11:52

Serious break of resistance.Looking good.

[scemer] 23/9/2024 10:41

Thanks for that munch can see this a lot higher than 1.25 come 2027 with dividends in and growing and pension deficit gone they are in the best shape they have ever been just not on peoples radar yet

[netcurtains] 23/9/2024 10:12

Thanks for posting that dave.

[davebowler] 23/9/2024 10:02

Currys boosted by AI-curious customers as it takes 50% laptop market shareThe electricals retailer said AI technology is 'bringing excitement and innovation to customers' amid growth in UK sales.Related article: htTPs://uk.finance.yahoo.com/news/currys-boosted-ai-curious-customers-082246877.html

[jjanus] 23/9/2024 08:57

boom!, today is trying to overcome an important level.
Direct to 120p at first and with time enough and improvements in the financials ...... 240p

[netcurtains] 23/9/2024 08:57

Interesting

[munchbowl] 23/9/2024 08:56

https://www.sharecast.com/news/broker-recommendations/berenberg-hikes-currys-price-target-shares-rally--17536697.html

[vikingwarrier] 19/9/2024 10:43

I see a breakout for 90p coming this way.