Currys Share Discussion Threads

[undervaluedassets] 21/9/2017 10:07

Not quite got my point meinhere but I appreciate your enthusiasm .

I think that Seb's position looks untenable. .

Even the most ardent bulls on here must look at the share price and think what is there to recommend him

[meinhere] 21/9/2017 09:55

undervaluedassets:

"Ceo sold hugely before the smartphone debacle announcement (he has now bought back a tenth of what he sold for the sake of appearance)... He is not stupid is he?"

- Correct, all simply appearances, to try to correct his own error of overselling it at the wrong time.

"The marriage betweeen CPW and DXNS is a disaster which has brought the whole low."

- Correct again, both business are fundamentally different, down to its cores, and there are no chances of synergies between them. They will be fighting for its own ways rather co-operating.

""The internet of things" is a myth that is being touted by Seb as something incredibly exciting thing to bamboozle investors and the city ..."

- Correct again, he doesn't have a clue of what does that means.

"Competing with Amazon (which Seb insists on doing) on price is completely impossible and margins are incredibly small. Amazon has no onerous leases on property like DC."

- Correct, Amazon is an IT company, Dixons Carphone is not. They will not win this on technology and new ideas.

Plus, rather kicking the CEO out, something they should have done long ago, they are allowing the CEO to hang himself and the entire company down with him.

[undervaluedassets] 21/9/2017 09:53

BTC

I concur

[billy two cocks] 21/9/2017 09:52

undervaluedassets,

There is nothing more alarming than a short which goes the wrong way, I've been there many, many times and it's a good laxative.

Thanks

BTC

[undervaluedassets] 21/9/2017 09:48

If this is such a bargain why aren't they buying back their own stock?

They cannot ... they have no cash.

[ravin146] 21/9/2017 09:41

Made 15-20p so far, leveraged.Currently sitting on 168 to 175p appreciation, another 7p profit, leveraged.Technical looking strong still...

[undervaluedassets] 21/9/2017 09:36

hmm I wish someone would actually engage in debate.
My reasons for thinking the situation here is parlous are ...

Ceo sold hugely before the smartphone debacle announcement (he has now bought back a tenth of what he sold for the sake of appearance)... He is not stupid is he?

The marriage betweeen CPW and DXNS is a disaster which has brought the whole low. (It is a matter of uncontestable fact that the smartphone news would not have impacted in the same way if there had been no merger with CPW as that is their business .. selling smartphones - the share price would now be 50% higher than it is)

"The internet of things" is a myth that is being touted by Seb as something incredibly exciting thing to bamboozle investors and the city ... emperor's new cloths I am afraid - most people just want a kettle, hoover, or whatever.

Competing with Amazon (which Seb insists on doing) on price is completely impossible and margins are incredibly small. Amazon has no onerous leases on property like DC.

As a result Amazon shares have outperformed DC. by 130,000% since 2000. And in fact
Amazon share are up by another 20% year to date (I do not need to remind DC investors what the the DC. share price has done).

In addition. There is no cash in this business. There is no tangible asset value. And for the 1st time ever there is inventory in excess of £1billion.

DC. is what it appears to be .. an empty bag. It has no value added proposition because it owns nothing ..

Everything that it is doing is being done better online.

come back and debate what I have said here at the very least. I was very long here a long while back. I changed my mind.

Debate with me.. If you find enough FACTS to convince me .. who knows I may change my mind again

Good luck all longs

and shorts.

[meinhere] 21/9/2017 09:36

Where's your 180? That's going on for ages isn't it.

Did you give up being short term and go for long term, as the thing ain't moving a bit?

Are you losing a lot so far? You'd probably have made more from interest in a savings account.

[nortic 007] 21/9/2017 09:23

Remember not to fluff your lines at work today. It goes " would you like fries with that". Have a good day UA

[nortic 007] 21/9/2017 09:02

I see one of the 3 bears has come out to play. Silly boy

[undervaluedassets] 21/9/2017 08:58

I notice that the guaranteed stop on IG for this is 35 points (or 20%).

So IG consider that this could have a movement of that kind of order before the open ..

In other word they feel there is massive implied volatility in this stock.

For guidance Vodaphone has a 6 point min guaranteed stop (3%).

IG consider this to be one of the riskiest stocks there is in the UK 250

[nortic 007] 20/9/2017 17:07

Good luck to all the longs.Pleasant evening.UA I hope you haven't got of that naughty step. I'll tell you when.xxx

[billy two cocks] 20/9/2017 16:53

jarnold3.

Apology accepted.

Good man.

Good luck.

Thanks

BTC

[ravin146] 20/9/2017 16:51

Jarnild no, just follow my filter list...includes the morons. Though note I'm not just filtering them because they are shorts, as I have a few other shorter I can see... but because they chat shyt

[ravin146] 20/9/2017 16:34

Great end of day price, hit key technicals.If you know, you know!

[nortic 007] 20/9/2017 16:16

Would like to think they will rally before the close.

[nortic 007] 20/9/2017 16:14

40000 shares just above 178

[ravin146] 20/9/2017 16:13

How many you sell nortic, 40k