Currys Share Discussion Threads

[muscletrade] 21/6/2018 07:17

so PBT at £382m exactly as the update and slightly ahead of the scribblers forecast of 377.9.
revenue is a little shy of the scribblers.
92 carphone stores to be closed this year and forecast for next year remains at around £300m

[sao1] 20/6/2018 18:41

Preliminary results tomorrow?

[anony mous] 15/6/2018 12:17

Among UK retailers, there are many cheap stocks – but not all represent value.

Liberum analysts attempt to sort the "value" from the "value traps" in general retail, a sector which has still not recovered from the huge falls it suffered on the Brexit vote.

Yesterday's retail sales data, which smashed all forecasts likely helped by sunny weather and the royal wedding, spurred some renewed hope for the sector, however. ...

But where to wade in?

On Liberum's measures which combine growth, dividends, balance sheet health and cash flow, they find Card Factory, Superdry and Topps Tiles rank highest while M&S, Dixons Carphone and Debenhams rank lowest.

[hamila01] 14/6/2018 07:40

I remember Eclipse. It eventually became an OK till system but has always been a nightmare to maintain and add new functionality.

[tim 3] 13/6/2018 23:55

hamllia01

They do have a shocking record with IT.

They had the 2015 carphone hack where they were fined £400,000 for not having the correct online security set up after which we were assured steps had been taken to ensure this would not happen again.

Even earlier when they bought,at great expense the eclipse (epos) system which is still in stores today it was a disaster early on and cost them a fortune in lost sales and trying to prop it up,they kept this very quiet but anyone who worked for them knows how bad it was at busy times the whole system ground to a holt and you could not process sales.Even today I am told they still have issues with it over 10 years later!

Apparently it took them nearly a year to notice the latest breach and only then because the new boss ordered a review,sounds like he has not come a minute too soon!

[hamila01] 13/6/2018 19:36

I remember years ago one of the senior management (and I mean really, really senior) at Dixons threw a complete hissy fit because he was expected to enter a password to access an IT system.I said at the time to my manager that if a director can't treat data security seriously then why should the rest of the company....This is a consequence of massive underinvestment in their IT platform over a number of years along with senior management apathy.

[gerdmuller] 13/6/2018 10:45

Funny how when the criminals used to use crowbars and guns to commit their crimes they were the ones that suffered the public's distaste and the companies that were robbed deserved some sympathy.

Now that they sit tapping away on computers the criminals are the smart ones and the victims get all the blame.

Still we do live in a world where Love Island and Britain's got Talent are the only conversations to be heard.

Even the Pentagon has been hacked.

[tim 3] 13/6/2018 09:04

Its not the first time either,no doubt serious questions will be asked but will it really impact the company that much? I doubt it.

[s2lowner] 13/6/2018 08:45

hxxps://uk.webfg.com/news/news-and-announcements/hackers-grab-dixons-carphone-customer-card-data--3343643.html

[rajni120] 13/6/2018 08:14

When you think its going well something bad happens

[knowing] 06/6/2018 16:20

Nice turnaround

[daniel levi bmd] 06/6/2018 13:37

FYI

Online Blockchain. Here's what's going on & why they're deliberately 'Damping Down' on news-flow...

Dan
x

[knowing] 06/6/2018 13:17

A test and break of £2 could quickly see £2.50

[hades1] 01/6/2018 16:24

Liberum Capital has upgraded Dixons Carphone to Buy
1st June 1018

[knowing] 01/6/2018 11:50

Seems a rinse and repeat. Spikes up in the morning and then drops back but continues to make new highs

[supercity] 01/6/2018 10:36

Having bought in the 140's last year and selling at 200p I have kept this on my monitor and found it hard to understand the big drop this weekResults were decent enough in the current climate so I'm not surprised to see it gaining back some ground already.

[hades1] 01/6/2018 09:19

Having overdelivered 17/18 consensus numbers by £24m why take 18/19 target down by a further £30m for business investment without specifying the investment detail?

[eeee1] 01/6/2018 01:20

Interesting how the new CEO keeps saying current performance is unacceptable but when an analyst in the call asks him what would be an acceptable performance he does not specify and just says "create more shareholder value".

[abbotslynn] 31/5/2018 12:04

Great ID deals on at the moment l have one running

[gerdmuller] 31/5/2018 11:45

Interesting, looks like Australia is taking the lead. A lot of talk about unfair competition by Trump at the moment but Amazon is decimating international high streets as he speaks. Paying no local taxes, little national tax, employing even less staff in the future following automation and using high street shops as a free goods examination service. Other governments may want to wake up and smell the coorrfee, to use an American term. Trade wars can work both ways!


Amazon is set to block Australian shoppers from its international sites from 1 July as it looks to avoid upcoming changes to the country's goods and services taxes (GST).

Those looking for something on Amazon's international sites will instead be automatically re-directed to the firm's relatively new Australian site - which has been widely criticised for its thin offerings and higher prices.

[hades1] 30/5/2018 22:41

More the way he played it!
Understand new CEO’s background was private not publicly listed companies.
He is good at what he does but not the way he does it.
I worry he will start to make enemies but all I care about is a rising share price.
Fingers crossed he will perform

[tim 3] 30/5/2018 22:09

In fairness the other side of the coin is the departing ceo (Seb)has a vested interest to make things look as rosy as possible when he leaves so could be 6 of one and 6 of the other.

[hades1] 30/5/2018 21:46

Pretty sure the city has seen this weeks shock announcement as a complete ‘sandbag’; by the new CEO.
Dangerous game as he now needs to perform but on that basis the share is extremely cheap!
Let’s see if they are right.
Suspect new CEO will start feeding the market with a ‘good news’ flow to set his new stall out very soon.

[tim 3] 30/5/2018 20:18

£1.50 is obvious support but not sure it will get that low,£1.70 might be more realistic.

But still do not see it flying city will be looking for evidence of a turnaround for that to happen.

A bounce to £2 in the next few months or maybe sooner is likely though.imo