Currys Share Discussion Threads

[gerdmuller] 27/6/2017 16:41

The speech by MC of the BofE won't help much either. He thinks banks are starting to lend to people of dubious credit quality again. So not a good backdrop for results, but as I have said before, there are still a lot of consumers out there with a lot of money to spend as well.

[gerdmuller] 27/6/2017 11:27

CWA1. Thanks for reminding me. The price performance has been so poor here that you sometimes give up all hope of any upward movement. I still think it's going to take a major change in fortune for this one to start moving up under the current economic climate but you live in hope. If the dividend remains strong then that should at least help.

[cwa1] 27/6/2017 10:54

Morning. Just joined the merry throng(or not so merry as the case may be) here with a modest punt ahead of tomorrow's announcement. Hoping for something not too bad, anything better than that would be a bonus. Good luck all.

[tim 3] 21/6/2017 10:06

Looking interesting here fairly established support at 3 quid.

[rwatson2] 21/6/2017 09:33

Can someone remind me what the old consolidation of shares ratio was please?

[mikepompeyfan] 16/6/2017 07:47

The attached shows revenue per area.

I agree with spoole. Until Brexit is done and dusted and the fallout obvious, sentiment will remain bad.

Even if dc. produce good figures the sceptics will continue to say 'yes but the downturn will be here soon'.

[adejuk] 16/6/2017 07:28

apols for laziness but does ne1 know what proportions of earnings are from overseas?

[spoole5] 15/6/2017 09:39

Uk uncertainty is going to be the main theme for some time.

[adejuk] 15/6/2017 09:31

maybe not!

[adejuk] 15/6/2017 09:23

punto!
but no worries - i'm here for the medium term.

[spoole5] 15/6/2017 09:14

Think it is how it looks!

[adejuk] 14/6/2017 15:26

tim3 that's not how it looks to me

[tim 3] 09/6/2017 09:55

oh dear looks like back to 3 quid again.

Terrible result for the UK not going to help consumer confidence.

[anony mous] 01/6/2017 10:42

We should have got a rns about this surely.

[aim11] 25/5/2017 09:10

and down we go....

[tim 3] 24/5/2017 18:02

They usually do poorly on results day too good or bad.

Looks like sentiment has finally turned on these,I don't think its particularly that the update is that good rather that the anticipated problems many expected from Brexit and the lower pound have failed to materialise,so far.

Its worth remembering these were over over 40% higher a little over a year ago yet earnings continue to grow.

There are very few places left where you can actually see touch,compare and ask questions about the latest technology and their prices are often in line with the net competition.

Of course they make their money on contracts and services rather than the hardware itself but it seems to work.

Can see these continuing higher.

[gerdmuller] 24/5/2017 17:17

Tomorrow will be interesting as in the recent past they have usually lost any big gain in the next day or so. So a decent end to the week may mean these have finally started to turn the corner. Hopefully!

[luckymouse] 24/5/2017 15:30

Traders prob eyeing that juicey channel

free stock charts from uk.advfn.com

[xxx] 24/5/2017 10:00

The nett margin appears to have shrunk, as nett debt u/c on last year, though this will be squeezing competitors.
However continental prospects are improving. I had forgotten about the pension deficit, but expect bond yields to pick up , reducing the liability anyway.I was surprised at how reticent they were to discuss US progress, bearing in mind previous presentations, where they were bullish, but we will hear more in June.
Overall at x11 and a 3% yield for the current year,they appear good value to me.[ But I hold anyway]

Ps. It has also broken the 15 month price downtrend on the daily close chart.

[gerdmuller] 24/5/2017 09:49

Liberum buy today and maintain same target of 430p.

[gerdmuller] 24/5/2017 09:36

Yes, profit growth seems to continue which should mean the dividend grows as well. PE of around 11 and yield of over 3 percent makes these look good to me. Sold some a few weeks ago but bought them back today.

Real incomes looks set to decline but there are two types of consumer, one with limited disposable income and the other with a lot of disposable income. So all in all these still seem okay to me.

[spoole5] 24/5/2017 08:03

Figures look decent. Didn't read any negatives on the outlook this time either.

[tim 3] 29/4/2017 11:26

So true,its human nature if you are long and it goes up you are right which feels good if it goes down then rather than admit you got it wrong you are a "victim" of market manipulation.

Not saying manipulation does not go on but it always has its the market,it also provides opportunities long term.

I give most respect to posters who are open about their losses.

Over on the FX trading thread over the years you could be forgiven for thinking nobody ever makes a loss when the reality is nearly all traders do and if you study the posts you actually realise that people love to post when they are winning and often post trades afterwards but you almost never see a post where someone talks about a trade where they lost!

On DC I don't currently hold here as I see better opportunities elsewhere but having followed Dixons in its various forms for over 20 years and done well on their shares I think they are good value here,the company is in better shape than it has been for years and the 3 in one stores look superb.

They use the internet well and to their advantage driving customers into store as well as generating business in its own right.

Few would doubt that the shares have done poorly since Brexit but the company has done well this is not unusual have seen the shares perform like this before and they may have turned the corner. £3 support has held up well even when the market has fallen off.I think they could start to perform again but they are of course very vulnerable if there is a downturn in consumer spending.

There business model in my opinion is basically have prices that compete with the likes of Amazon ect which with their overheads would probably make them unprofitable but then make profits by selling all the extras when customers visit the store. I spoke to a member of staff recently and they told be they have around 27 KPI's! whatever your views on this it seems to work.Another area with big potential is highly profitable monthly mobile plans and service subscriptions if they can grow this it could have a big impact on profits.

IMO