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DC. Currys plc

135.30
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Currys Investors - DC.

Currys Investors - DC.

Share Name Share Symbol Market Stock Type
Currys plc DC. London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 135.30 01:00:00
Open Price Low Price High Price Close Price Previous Close
135.30
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Top Investor Posts

Top Posts
Posted at 26/6/2021 08:07 by hades1
Today's Daily MailShare of the weekDixons CarphoneBY MARK SHAPLANDALL eyes will be on Dixons Carphone next week to see if it has managed to maintain its online momentum.The electrical goods seller which is changing name to Currys in October is expected to post £151m in profits and a doubling of online sales to around £4.5 billion for the past year after it saw its online strategy shift accelerated by the pandemic.Sophie Lund Yates, analyst at Hargreaves Lansdown, said: 'Covid meant the electrical equipment specialist had to speed up its pivot to digital.'The group has doubled down on its online service proposition, launching its ShopLive function, which connects customers to a real-life store assistant for help and product demonstrations.'We wonder if this has helped keep online momentum moving in the right direction, even as restrictions ease.' The firm made a number of successful strategic decisions during the pandemic, including closing its airport store business Dixons Travel after it was hammered by the lack of travellers and the end of tax-free tourist shopping.Investors will also be keen to hear more details about the company's rebranding plans. They will be looking for how the company's restructuring programme is panning out as well. The plan includes closing all standalone Carphone Warehouse stores and integrating them into Dixons and Currys PC World shops.Worries are that this plan is running over budget.However, the listed company will change its name from Dixons Carphone to Currys in October following its annual general meeting.
Posted at 24/6/2021 16:45 by pepepepe73
Seems Delta Covid is out of control and investors are selling this stock.
Posted at 14/5/2021 10:27 by tim 3
Indeed Carphone has to be one of the biggest waste of money ever.Probably the start of Sebs downfall.

When it originally happened management saw pound signs because of the amount the operators paid in kick backs.

However they failed to note what as investors we should all know about past performance ...

Mobile will now be a much smaller operation for them and just another department hopefully without the need and cost of dedicated staff.

Would actually not surprise me if mobile disappeared altogether from stores at some point and just went online.
Posted at 16/12/2019 14:17 by truthandnumbers
What a run. From the August low, this is up 30% now and matching the April high. Feels frothy to me on volume, and I'm guessing that this rise is a combination of a short squeeze, index tide rising, and the divi about to be paid out. We all know that predictions are difficult, especially concerning the future, but I'll be surprised if this goes much further. The debt and the absence of tangibles on the balance sheet and the lack of profit make me think that DC will run out of cash by the next dividend payment. I'm pretty sure we'll be seeing a rights issue here soon. A lot of people are flagging DC as a sell, including investors chronicle on Friday just gone. I might be wrong, but I think that in a few months from now, people will be asking why DC was paying out dividends when it had no profits and £1.5bn in debt.
Posted at 21/6/2019 12:31 by stdyeddy
I think the problem here is the explicit statement by the CEO that there is more pain ahead. Plus retail in general is declining. DC has a massive bricks and mortar investment and thousands of people to pay. Two years before breakeven for the phone side? That's a very long time for investors to be patient. Meanwhile competitors crowd the online tech and whitegoods market. I know none of the posters on here will agree, but I think this is likely to fall further today and Monday and possibly further into the future.
Posted at 20/6/2019 16:21 by knowing
The group sees results improving over the next two years. Quantification of the extent of continuing challenges has actually been well-received by investors. By the middle of the UK session, the stock traded about 8% lower, 20 percentage points higher than its initial collapse. Some of this has an eye to the gruelling decline of around 73% the shares have already suffered over three years.
Posted at 29/5/2019 16:55 by hades1
There is no trading update in the Investors Calendar on their web site so very likely there is no update - next trading update in calendar 05/09/19 (FY 18/19 preliminary results 20/06/19).



Last years late May update was more of a pre results profits warning concerning outlook / classic new management team kitchen sink job!
Cant believe new management will tolerate any leaking from BOD - Its a new captain at the helm looking to make his mark.
They have already set the bar very low for both 2019 and 2020.
Posted at 21/5/2019 21:20 by carlsagan1
Frustrating that Interactive Investor have decided to up there fees again, from £22.50 a quarter to now £9.99 a month...

Any recommendations for a cheaper broker?

I am considering going to iweb-sharedealing(Halifax) for a fixed £5 a trade or X-O(Jarvis) for £5.95, neither have monthly, yearly, or inactivity fees like ii...

Cheers...
Posted at 15/5/2019 07:19 by hades1
Wonder if they will do a trading update after May Bank Holiday? Nothing in their investors calendar and not entirely necessary as reporting in June anyway.
Posted at 22/1/2019 07:22 by skinny
Good Peak performance in line with expectations

· Group like-for-like revenue up 1%

o UK & Ireland electricals like-for-like up 2%

Operational highlights:

UK electricals

· Record Peak sales across all categories driven by Gaming, Smart Tech, Small Domestic Appliances and Vision

· Stand out performance from Gaming, up 60% year-on-year

· Overall product availability up on last year

· Market share up 30bps with growth across all categories and channels

· Good Peak on credit with customer base reaching 802,000 versus 711,000 at the half year

· Online growth of 8% over the period and YTD 28% of total sales, +2ppt year-on-year



UK mobile

· Mobile like-for-like down 7% as expected, impacted by lower volumes of 24 month postpay. Two-year like-for-like was flat in Q3 and like-for-like was down 3% YTD

· Market share in traditional 24 month postpay held against market declines of 8%. Growth in the new longer than 24 month postpay segment continued, an area we do not currently serve

· iD Mobile continued its growth with the customer base surpassing 975,000 customers



International

· In the Nordics, particularly strong growth in Sweden and Denmark with good growth in Norway also achieved, more than offsetting a softer market backdrop in Finland

· Record Black Friday and Peak period with particular strong performances in Gaming, Mobile, Consumer Electronics and Major Domestic Appliances

· Nordics market share up 20bps with growth across all categories and channels

· Greece: excellent performance across all categories with particularly strong growth in Mobile, Major Domestic Appliances and Large-Screen TVs

· International online growth of 22%



Investor and analyst call

There will be a conference call for investors and analysts at 7:45am GMT (8:45am CET) this morning

Dial-in details - UK/International: +44(0) 20 3936 2999; passcode: 31 21 93

Seven-day replay - UK/International: +44(0) 20 3936 3001; passcode: 12 95 63

§ Share gains across all categories online and instore, offsetting market decline

o UK & Ireland mobile like-for-like down 7%

§ Continued decline in 24 month postpay market, down 8% in the period

§ Two-year like-for-like flat

o International like-for-like up 5%; Nordics up 3%; Greece up 19%

§ Gaining or holding share in all territories

· Stable gross margins across the Group

· 2018/19 Group headline PBT guidance of around £300m unchanged

· Good early progress on strategy implementation


more.....

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