Currys Share Discussion Threads

[walbrock82] 13/12/2017 15:32

I like the results from Dixons Carphone with guidance to full-year PBT decreasing by 22% to range from £360m-£400m, less than the decline in their share price.

For more about Dixons Goodwill, Forward PE Ratio and share price forecast

[sogoesit] 13/12/2017 10:42

Free cash flow improved (less capex), dividend held... good yield for protection.
Hunkering down while they sort themselves out is my view.

[tim 3] 13/12/2017 10:22

Strip out mobiles and these are pretty good L4L electricals up 7%.

Does not justify the fall we have seen this year imo.

[nortic 007] 13/12/2017 08:22

At least they're up, great to see.

[libertine] 13/12/2017 08:05

No shoot your guys

[nortic 007] 13/12/2017 07:41

Credit Suisse opening call is up 1% but my guys saying down 3% but expects to see buyers on weakness.Don't shoot the messenger

[hades1] 12/12/2017 18:50

Ditto
Can’t believe things can get any worse than expected but given the current UK economy, it is now a NEW WORLD - sadly not a good one.
We will be at the bottom of G20 very soon - already bottom of G7

[swedeee] 12/12/2017 18:48

Finger’s crossed

[alibx11] 12/12/2017 18:28

Well interims tomorrow... will be up early to see what state we're in.

[tim 3] 10/12/2017 20:15

Mobiles are the worry, shame as from what I hear the rest of the business is doing well.

[riskvsreward] 10/12/2017 17:17

Well Standard life Aberdeen is accumulating increasing about 2% from 10% to 12% within a month.

[hades1] 10/12/2017 17:09

Nothing new.
Recent broker note actually talks about a lower PBT number expected.
Just Sunday Telegraph rehashing old news.

[aim11] 10/12/2017 12:34

bloomberg analysts did some research last week on potential for CPW store closures where there are many with a few kms of a current 3in1 store...they could close several hundred of the CPW stores and save a lot of money and probably most sales would just migrate to other stores. Management has cut the average lease term to only about 2.5 years now so they can quite easily cut a lot of stores and headcount etc over the next few years. Expectations for CPW profits are rock bottom already one would think, certainly the share price doesn't expect any improvements which i think is too negative just to expect the company to sit back and do nothing

[abid6814] 10/12/2017 12:09

Watching this stock for a potential first position. Will see what the trading update has in-store before making a move.I did purchase a phone during Black Friday weekend and the flagship store in Birmingham was literally running on empty. Also in Birmingham there are 4 Carphone warehouse outlets within 400 metres of each other that is just ridiculous!They are the last survivors on the High At so long term I think it will be a strong stock and their ability to get out of short term leases is a bonus too.The mobile side of the business is more challenging, UK handset prices are out of kilter with dollar and euro prices elsewhere.

[alibx11] 10/12/2017 10:57

Yes but UBS rates it a Buy and has a 220 target..... so they are rating it cheap given it's recent fall.

[bigbigdave] 10/12/2017 08:54

Dixons Carphone is facing intense pressure to restructure its vast estate of mobile phone shops as the City braces for a 50pc shock profits tumble this week.

[nortic 007] 08/12/2017 10:48

UA You're quiet .)

[rathean] 08/12/2017 09:42

It's about rotation and not trading on fear peddled by vested interests. Nice break out today, anything above 165 close looks positive.

[tim 3] 06/12/2017 21:30

Problem is there are so many stocks at ridiculously low valuations and many others which seem to defy gravity.Market needs a reality check!

[speedsgh] 06/12/2017 14:06

From Tempus column in today's Times...

Three companies to buy for yield (GSK MARS DC.) -

...Dixons Carphone: yield 6.3 per cent
Contradictory sounds have emerged from the owner of Currys of late. Before the summer, the company appeared to vindicate the merger of Dixons Retail and Carphone Warehouse by announcing record results. Fast-forward to August and its shares dived by nearly a quarter after it warned about profits, with a sluggish domestic mobile phone market and changes to EU roaming charges hitting earnings.

The shares peaked at more than 500p two years ago, compared with 161p yesterday, down 4p. The over-arching logic of the tie-up still makes sense. Consumers increasingly read the news and watch video on their mobile phones and will listen to music through a wifi-connected speaker. A retailer that can offer you smartphones and internet-connected appliances along with the internet and mobile package to fit ought to be in a strong position.

Yet, on its price-to-earnings ratio, it is cheap as chips (and not microchips). Its dividend is covered handsomely by its forecast earnings. Lots can go wrong with Dixons, but a lot will have to go wrong for this valuation to make sense.

[tim 3] 05/12/2017 19:03

Karadas Good post agree with all your points.The reason they make a profit is unlike the online competition having a physical presence DC are much more able to sell highly profitable add ons like services and warranties which is where much of their profits come from.GL.

[karadas09] 05/12/2017 16:45

Just bought in here as looks oversold. Significantly lower profits are priced in and there is some book value to support the share price. The company is effectively now the last man standing in terms of big bricks & mortar electrical stores in the UK & Ireland and it is profitable. Their pricing is competitive enough against internet competition and many online only electircal retailers are in fact not profitibale and will have to up prices soon or go bust. I was amongst the earliest adopters of online shopping in the nineties, and have always been an advocate of it, but there will, in my view, always be a demand for this kind of set up and I would rather be holding a profitable bricks & mortar retailer than a loss making online store.

[rathean] 04/12/2017 16:25

Broken out of long term downwards trend, big buying shows confidence in short term capital gain if not long term co. performance.