Dfs Furniture Share Discussion Threads

[lucicavi] 08/2/2018 07:42

more pain for DFS

1H18 gross sales -3.5% (-4.5% LFL).

[cxs1] 08/2/2018 07:19

Quietly encouraged by the DFS Trading Update this morning.. Hope there is nothing in it that can be perceived as detrimental to the already low price level anyway.

[kazoom] 19/1/2018 17:10

I doubt it diku. From memory it's been going for 40+ years now.

I wonder if they ever sold anything full-price? (That would be the next mis-selling scandal)

[diku] 19/1/2018 08:21

Has the DFS sale finally ended?...

[s2lowner] 28/12/2017 10:11

Just acquired assets and leases of part of the failed Multiyork for £1.2m not a bad move
hxxp://www.dfscorporate.co.uk/investors/news-centre

[ny boy] 05/10/2017 13:52

Can't see any reason why punters would buy sofas now most are Maxed out on credit and still paying for summer holidays. Grim outlook, these will fall further imho.

Better play DEB at least it's turned up off the lows.

[essentialinvestor] 05/10/2017 11:54

It appears almost a badge of honor to talk about new space added.

[essentialinvestor] 05/10/2017 11:54

Yet they keep expanding ..

[castleford tiger] 05/10/2017 11:49

indeed
Huge losses. share price will go below 200p today IMO.

Wrong on both counts.
Tiger

[hiddendepths] 05/10/2017 11:12

andysaw. There is no loss. I'm guessing English is not your first language.

The figures were somewhat below expectation, that's all. No reason for a share price plunge.

And everyone seems to be reporting that weakness. I'm starting to think that the UK is already in recession. Company results are a good lead indicator for economic data.

[andysaw] 05/10/2017 10:31

20% loss in profit is not huge for you

[castleford tiger] 05/10/2017 09:34

andysaw

can you explain that.
I don't see huge losses

tiger

[andysaw] 05/10/2017 08:17

Huge losses. share price will go below 200p today IMO

[essentialinvestor] 10/8/2017 20:09

aim, would agree re. the sofology acquisition, however not on
numerous new store openings. Focus should be on maximising returns from existing outlets.
No position atm.

[hpcg] 10/8/2017 19:20

Short here - operational gearing will look unpleasant in reverse. Reliant on an over extended consumer even without more of a slow down. Pretty goods odds for lights out under a bad brexit scenario.

[castleford tiger] 10/8/2017 12:18

2018 is going to be harder than this year so I see no reason to buy.

The second half maybe x 2 gives us next years numbers?
That is if the fall off has stabilised?

[aim11] 10/8/2017 12:08

the acquisition of sofology sounds like a very good idea, and the debt refinancing. DFS is going to come out the other side of this economic downturn stronger and better positioned, but current trading really isn't good. If this downturn worsens or continues for the rest of this year or longer, we could have another warning. I will consider adding for the long term below 200

[essentialinvestor] 10/8/2017 11:43

What strikes me is the emphasis on new space addition.

Is this the time in the cycle to add significant new space?.

I don't think it is, just imv only.

[castleford tiger] 10/8/2017 07:51

Cannot see this staying over 200p

tiger

[edwardt] 03/8/2017 09:31

or someone else's sofa!

[edwardt] 20/6/2017 10:53

looks like there maybe money to be had by looking down the back of the sofa.

[diku] 19/6/2017 07:50

Is it all doom then?...

Think stats will be tweaked to keep rates low for longer to counteract the debt binge...unless of course if one of the western currency collapses...BOE have snookered themselves keeping rates low for so long keeping the economy afloat with the aid of QE in the process property prices have gone to the moon in a relatively short period...

[edwardt] 16/6/2017 11:29

for those that are interested go to ennismore website (they wrote a thesis on dfs in april) it details why it might be worth a punt. Ennismore are shrewd operators imo. Obviously they got it wrong near term but nonetheless provides a cogent argument why it might be worth a punt. I have punted this am as a result!

[diku] 16/6/2017 00:17

Has the sale ended?...