Darty Share Discussion Threads

[4spiel] 07/2/2013 20:53

For what reason smarty ? Actually I am out of the stock but I thought it went too high too soon. I would buy back in in the 40's

[smartypants] 05/2/2013 12:14

4spiel..looks like you are on your own with this one...just passing thru

[4spiel] 08/1/2013 19:16

SP has improved since previous post.In due course might be enhanced by a CAC listing.

[crosswire] 12/12/2012 12:55

December 12, 2012 12:09 pm
Darty eyes disposals to trim €150m

By Rose Jacobs

Darty, the owner of electronics shops across Europe, is looking to sell its Spanish, Czech and Slovakian businesses as part of a turnround plan that seeks to "eliminate losses" from poorly performing markets and cut €150m in costs from a newly identified core estate over the next three years.

[4spiel] 10/8/2012 13:25

This is listed on London as was formerly known as Kesa. It might eventually move its listing to Paris. Darty is a very strong brand in France and it makes a profit in France. It also operates in Spain and the Canaries Italy and interestingly Turkey where it is profitable. It has shed Kesa in UK for the princely sum of £2 but retains the pension liabilities there but loses the leasing costs that impaired its profitability in UK in a very competitive market. The company are working hard on developing on-line business reorganising the Spanish and Italian -in fact closing some and opening small number of new ones in better locations also developing their telecoms business in France. The company overall is currently loss making overall but those who know this company in France can see there is an opportunity here if you are patient -short term you might like Dixons better ! Company has cut its dividend for now but 1.25 cent a share there is an interim ex date 12th September -if repeated at the finals that might be 4%. I declare an interest of 500 shares only-not a gambler !