Currys Share Discussion Threads

[laugher] 10/1/2016 09:49

Trading update on 26th according to the interims. This will cover the seasonal period and outline plans for the year ahead.

[tim 3] 09/1/2016 11:33

John Lewis had a good Christmas particularly electricals but many retailers have not thats probably affecting the shares.

Anyone know when the update is,usually second week in Jan from memory.

[jondev] 09/1/2016 11:08

Ouch, I go on holiday for a week and... Is this just in sympathy with the ftse or is their any more to be concerned about? Was under the impression everything was tip top with this.

[mikepompeyfan] 06/1/2016 09:29

This is a trend l expect to have lasted for the whole Christmas trading season. Good indicator for us imo."Electrical and home technology products were the best sellers for John Lewis on Black Friday and finished with a 6.8% year-on-year rise for the five-week period"

[market sniper3] 04/1/2016 14:49

Dixons Carphone PLC 15.6% Potential Upside Indicated by Deutsche Bank
Posted by: Ruth Bannister 4th January 2016

Dixons Carphone PLC with EPIC/TICKER LON:DC has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Dixons Carphone PLC are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set a target price of 575 GBX on its stock. This would imply the analyst believes there is now a potential upside of 15.6% from today’s opening price of 497.3 GBX. Over the last 30 and 90 trading days the company share price has increased 35.1 points and increased 72.3 points respectively.

Dixons Carphone PLC LON:DC has a 50 day moving average of 476.33 GBX and a 200 day moving average of 455.13 GBX. The 52 week high for the stock is 506.5 GBX while the 52 week low for the stock is 398.9 GBX. There are currently 1,153,660,495 shares in issue with the average daily volume traded being 2,208,122. Market capitalisation for LON:DC is £5,711,773,181 GBP.

Dixons Carphone PLC is a United Kingdom-based electrical and telecommunications, retailer and services company. The Company has four segments, including UK & Ireland, Nordics, Southern Europe and Connected World Services. The UK & Ireland segment offers the brands: Currys, PC World, Carphone Warehouse, Dixons Travel, KNOWHOW, Geek Squad and PC World Business.

[market sniper3] 04/1/2016 09:36

Actually was a an upgrade aswel this morning from brokers Deutsche.

[market sniper3] 04/1/2016 07:47

Dixons Carphone DC. Deutsche Bank Buy 500.00 500.00 525.00 575.00 Reiterates

SP TARGET 575p

[muscletrade] 04/1/2016 07:41

Deutsche Bank reiterates buy and increases share price target from 525 to 575 this morning.

[tim 3] 29/12/2015 20:42

Yeah the question will be more about margins but judging from the website they have not had to go to mad with the price cuts.

[bill hunt] 29/12/2015 20:38

In one store today. Member of staff replied about sales,"manic".

[tim 3] 29/12/2015 20:30

Feedback I have had from the storres about the sale has been good so far.

[mikepompeyfan] 29/12/2015 20:07

The Telegraph's share tips for 2016
Against a backdrop of plummeting oil prices, the prospect of higher interest rates and the uncertainty that a Brexit vote brings, our experts pick out the companies best positioned to weather the storm and deliver a winning return for investors in the year ahead.

Ben Marlow
Dixons Carphone
Now could be a great time to buy shares in Dixons Carphone, the high street electricals giant formed out of the merger of Dixons and Carphone Warehouse 18 months ago. The deal was initially greeted with some scepticism in the City. However, as the integration of the pair nears its final stages, the benefits are showing. Dixons Carphone recently smashed forecasts with a set of first-half numbers showing pre-tax profits surging 23pc to £121m. Performance was strongest in the UK, where market share has been boosted by the demise of big rivals such as Comet and Phones4U, and 2016 promises much. The City is particularly excited about ambitious attempts to crack the US with a chain of mobile phone stores, which Investec analysts estimate could boost earnings by £65m. The launch of a new home gadgets emergency service could also prove to be inspired. The shares have only gained 6pc in 2015 but could take off next year, with momentum clearly building under its highly regarded boss, Sebastian James. Analysts at Royal Bank of Canada have a price target of 550p.

[mikepompeyfan] 29/12/2015 20:04

Made the £5 today. Happy New Year to all holders.

[tim 3] 23/12/2015 15:02

Yes and a few years ago I had it from a VERY good source they were hours from administration!

[jondev] 23/12/2015 14:53

Come on . . . Nearly a fiver - who would have thought it. I got some of these when they were 13p pre merger .

[muscletrade] 21/12/2015 06:57

21 Dec RBC Capital Markets Top pick 0.00 550.00 550.00 Upgrades

[muscletrade] 18/12/2015 07:55

exane paribas retains overweight this morning but more importantly is raising their target from 510 to 560.

[market sniper3] 17/12/2015 08:56

DC. Dixons Carphone.......

Brokers queueing up to recommend it.

Dixons Carphone DC. Canaccord Genuity Buy 490.00 485.10 530.00 550.00
Reiterates

Dixons Carphon. Beaufort Securities Buy 490.00 485.10 545.00 - Reiterates

Dixons Carphone DC. Deutsche Bank Buy 490.00 485.10 525.00 525.00 Reiterates

[market sniper3] 17/12/2015 08:45

Dixons Carphone (DC.) chief financial officer Humphrey Singer says it's "too soon" to update investors on how the group fared during the all-important Black Friday, Cyber Monday and festive trading period. He said sales of white goods were strong during the nationwide promotional bonanza in November, but the company expects a second sales spike with the launch of the Boxing Day sales. Just now, the group is "in a quiet valley" before last-minute shoppers push sales up right before Christmas Day.

But any surge from festive trading doesn't affect the latest set of interim figures, which run up until the end of October. During the six-month period group like-for-like sales grew 5 per cent, following a particularly strong second quarter, particularly in the UK. Revenue across the UK and Ireland rose 7 per cent on a like-for-like basis, thanks in particular to strong sales in the mobile business, which benefited from the closure of Phones 4u.

Southern Europe also did well, with sales growing 4 per cent on a like-for-like basis and 7 per cent in the second quarter alone. Business in the Nordics didn’t fare badly, considering the competitive environment and pricing pressure, but the fall in the Norwegian krone relative to sterling left total first-half revenues down 11 per cent at £1.20bn. On a pro-forma basis and in local currency, sales there rose 2 per cent, or 1 per cent on a like-for-like basis.

Dixons is finishing off the Carphone Warehouse integration, as well as concentrating on its US partnership with telecoms group Sprint. Chief executive Sebastian James said the "majority of difficult decisions" regarding the Carphone Warehouse merger had been made, with head offices now fully combined. Meanwhile the "rapid rollout" of the Sprint trial is said to be yielding "excellent results". A decision on accelerating a wider US rollout will be made in early 2016.

Brokerage Investec expects pre-tax profits of £445m for the year ending April 2016, giving EPS of 28.5p, compared to £381m and 25p in FY2015.

[market sniper3] 17/12/2015 07:50

IC VIEW:

At 487p, the shares are up a healthy 10 per cent on our year-old buy advice (444p, 1 January 2015). They now trade on 17 times forward earnings, but we don't think that's too much to ask for one of the few high-street retailers that is successfully navigating a highly competitive and volatile consumer environment. Buy.

Last IC view: Buy, 423p, 15 September 2015

[tim 3] 16/12/2015 12:56

Yes good update The next 4 weeks are critical though but they certainly look set to do well.

[gerdmuller] 16/12/2015 11:15

Happy days!

To think what the old Dixons was a few years ago this is remarkable. Seb seems to have done a fantastic job in building a modern co with both a strong internet and high street presence with a far better reputation for quality of service.

Looks like £5 and above could be here soon.

[muscletrade] 16/12/2015 09:02

good results with more to come.There is big chunk of disposal losses in the first half which will drop out, in particular 48m on german disposal.expect improved trading and other business initiatives, even the currency headwinds in the nordics will go in time.
hard to get upgrades as most brokers already have 'buy' but there are one or two out there who have been a bit negative....like morgaan stanley.. maybe they will be more positive after today.