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DC. Currys plc

135.30
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Currys plc LSE:DC. London Ordinary Share Ordinary Shares
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 135.30 135.00 135.20 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Currys Share Discussion Threads

Showing 3226 to 3246 of 3575 messages
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DateSubjectAuthorDiscuss
05/3/2020
17:38
They are massively into pushing HUAWEI stock I am pretty certain all this comes from China
double dd
04/3/2020
06:47
45p is coming.
sr2day
04/3/2020
00:44
BTC, your assessment is a bit light on the technicals, but I broadly agree. DC has been very quiet about the China impact, and considering that a lot -- perhaps even most -- of their product comes from there, I find that a little surprising, especially when every other distribution/manufacturing business can't seem to stop talking about China. I await news or some kind of crisis event.
stdyeddy
03/3/2020
21:19
Alan Richie was a major player there.
tim 3
03/3/2020
17:34
What's going on at DC then? Did some of the board get fired today or had they always planned to go at the 12-year mark?
stdyeddy
12/2/2020
08:09
Citadel has just appeared on the FCA short notification list with 0.5% short on DC.
stdyeddy
12/2/2020
00:43
Hmm not sure we are getting the whole storey here.

If a washing machine is reported faulty within 28 days then the procedure is normally to get an engineer out who will check the machine is faulty then either offer a repair or if the customer refuses they should be able to get an exchange or a refund once it has been confirmed faulty bearing in mind many apparently faulty machines are down to customer error or miss use like not taking transit brackets out.

Thats one side but having heard that the customer had a reference number this was likely either a return authorisation from the manafacturer which means the shop would have got credit or a customer services authorisation which means the branch has to do it.

Either way the store is out of order and massively failing on a customer service front.

tim 3
08/2/2020
01:00
DC seems to be short of stock on budget laptops. Interesting idea from the poster on stock delay due to coronavirus and how that might play out against payment demand. How much of DC's stock comes from China? Does anyone here know? I see that the motor industry is looking at reduced production because of the virus situation.
bluecash
05/2/2020
12:44
Cheers buddy will have a look
anony mous
05/2/2020
12:35
AM

You tried

Owned by DC and very competitive in my experience.

tim 3
05/2/2020
12:03
There CPW website hardly works. Been checking for deals past few days but some phones when clicking it hangs.Stupid for such a site.So as before off i go elsewhere.I did give them a chance but they fail every time.
anony mous
03/2/2020
13:29
Major trend line about to break. If it goes, this looks unsupported now. DC is going to need some luck to stop this falling hard. If coronavirus interrupts deliveries, but suppliers insist on their payment terms being met anyway for stock already delivered (and sold) DC might find itself with a funding gap due to lower sales cashflow.

That is the problem with a hollowed out balance sheet. Everything constantly on a knife-edge.

I hear that staffing is cut to below the minimum in stores, again squeezing sales. My guess is that the key moment will be towards the end of this month as payments fall due on 90 days for the pre-Christmas deliveries. If a major manufacturer withholds deliveries and word of it leaks out, we might see the 80p low hit again. DC needs to sort out its balance sheet and a rights issue looks like the most obvious route to me. Again though, a big re-rate on the share price down to sub 100.

stdyeddy
01/2/2020
20:17
True Tim.They need changes done NOW quickly. You right too i went Argos too which was right next door, quick and easy. Staff mentality needs to change at DC.
anony mous
01/2/2020
18:59
They used to have a sales floor manager in every store who's sole responsibility was to ensure customers were served quickly and take staff of other tasks to do so if needed.This is sadly lacking now on my last few visits looking at high end stuff nobody even came near me.Agree something is seriously wrong if there is no service then you have lost any advantage over online and you might as well just buy there or from someone like Argos.
tim 3
01/2/2020
17:57
Whenever i go there are many staff talking to each other huddled in 3 anf 4 groups. No interest in staff.I went to buy a laptop gor my kid for uni and waited and waited around the computer area. Finally went to other staff in other area and asked for help. He said he would get someone in a minute. I waited 15 mins and gave up. As i walked out that same chap said are you sorted and i said no. I waited too long and will buy elsewhere. He did not care. I bought online from another retailer.
anony mous
01/2/2020
15:46
The problem is typically when I walk in one of their stores there are 2 staff stood doing nothing in the CPW section and maybe another 2 or 3 covering the rest of the store and usually they are busy either serving or merchandising.So you have the most staff cover on an area that loses you money.That can't be right.
tim 3
01/2/2020
13:20
Couldnt agree more

I also heard all stores have had hours cut drastically I presume this is to not only to cut costs but encourage people to leave so they do not have to pay redundancy out etc. Last year over 100 stores were closed, no big announcement as does not sit with the PR.
My local store told me the cost cutting drive is huge end of year conference cancelled, spending more or less stopped across the entire estate. The pressure is on them to show a purpose and vision that works so far just talk. Anyone can say yes we will lose money and yes we are on target for losing what I said. Not bad for millions paid to him. I know the share price is dropping back, to be honest I could not see where the rise was coming from.

double dd
01/2/2020
11:35
So far he has been big on talk low on delivery.

Like many before him he saw the huge turnover and thought all he had to do was increase margin a couple of points and the profits will flood in, simple right? no not really.

You can't increasae prices because there is to much competition out there, increase them and you lose sales simple as that.

The other way is to increase "add on" sales like warranty credit ect well again there is only so much you can sell to a customer without them walking and not coming back.

He talks about fixing mobile but here we are 2 years on and he says will be another 2 years before we see profits there, a lot can happen in 2 years and mobile is becoming a product ideally suited to buying online I mean who needs to see a screen they all look pretty similar anyway.

With respect not saying he has done a bad job but its to early to say and he should not have gone shooting his mouth off about the previous management unless he was confident he could deliver in less than 4 years imo.

I think they will plod along more or less where they are but basically its going to be a constant battle to stand still the market they are in is brutal and there is little sign of that killer product innovation that has driven their sales for decades.

I would want to see evidence that what he has done is working before buying and 2% l4l up... no I mean down does not inspire confidence.

tim 3
01/2/2020
03:54
Lower trend lines being broken here. Does anyone have any idea where the bottom is on this drop? I'm guessing that some of Amazon's success is being made at DC's expense. Does anyone know if we're going to have to wait until the full results before we get a figure on profitability from DC?
rachet1
26/1/2020
11:08
If the CEO starts axing Carphone Stores aggressively and taking cost down, there can be a story here to get the stock up to 200+ again. But without anything dramatic on CPW downsizing I don’t see where the profit recovery and equity story comes from.
aim11
25/1/2020
19:07
True but store's are targeted to a ceiling of 1% of sales can be discounted. In practice stores find an any excuse to wriggle out of unprofitable price matches
jsforum
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