Currys Share Discussion Threads

[tim 3] 28/6/2017 15:34

Looks like £3 support gone.

[topdoc] 28/6/2017 15:31

this will never go up

[adejuk] 28/6/2017 14:26

could be managing a large sell.

[smartypants] 28/6/2017 11:53

Ahh, Grasshopper..
You look for reason where there is no reason
The answer you search for is
Because they can...

[s2lowner] 28/6/2017 11:45

According to Barlays ordinary trade data today
Biggest Buys
£211k
£73,800
£50k
£45k x 2

All around 11 am

Biggest sell £45k

Looks like buys outnumber sells comfortably so why do they keep dropping the share price down ?

[smartypants] 28/6/2017 11:36

Behold.. the power of the algorithm

[swedeee] 28/6/2017 11:22

how can this be red again. I can't win here

[gerdmuller] 28/6/2017 11:10

And on top of all that a dividend yield of 3.8 percent.

[bigboots] 28/6/2017 11:04

Crazy price...

[adejuk] 28/6/2017 11:03

well, somebody thinks it ain't right!

[smartypants] 28/6/2017 11:00

Ha ha ha
Forget the results.. The Company is not even worth what it was yesterday...
The share price has given back all the gain/recovery from July last year, and is looking at being half the value it was in June 2016
What a bunch of crooks at play here...
No news is good news ever... sham sham sham.
Post 1054..
"beaten expectations on revenue, pretax profit, EPS and dividend." ?

[adejuk] 28/6/2017 10:50

perhaps shorters want to test 240 again?

[smartypants] 28/6/2017 10:37

I can see whats wong here.. they missed all the despites out...

Despite
Excellent results.

Despite
• Group like-for-like revenue(3) up 4%. Statutory revenue up 9%
Despite
• Strong profit performance:
Despite
- Headline PBT(1) of £501 million (2015/16: £457 million), up 10%.
Despite
- Headline basic EPS(1) 33.8p (2015/16: 30.2p), statutory basic EPS 25.6p (2015/16: 14.0p)‌‌
Despite
- Total statutory profit before tax of £386 million (2015/16: £263 million) after non-headline(1) charges of £115 million (2015/16: £194 million).

Can you see now ?
SP it seems will always fall on results, despite........

[adejuk] 28/6/2017 10:36

that's my take too brian. consumer debt, falling real incomes, impending sovereign debt crisis, fragile banking sector
but it seems to be establishing support around 300
will think more on it.

[brianboitano] 28/6/2017 10:04

I have owned this dog for a few years now, no matter what news comes out, however positive, it seems to drift lower and lower. If by some miracle it ever returns to £3.50 I'll be out of it like a shot.

It seems to be fairly unique in not having recovered any of it's post Brexit fall, I guess the market feels this sector is particularly vulnerable.

[steviebaby] 28/6/2017 10:02

adejuk

New here having read the results today. Also thinking of dipping a toe.

I suspect you're making your own counter-argument in that, if record profits and good forecast don't move the price up, what will ?

[adejuk] 28/6/2017 09:50

record profits - good forecast and still we flatline?
curious
think i'll take another plunge
any counter arguments?

[mikepompeyfan] 28/6/2017 07:31

Undervalued. Could attract a bid imo. Amazon have just bought a bricks and mortar grocery store. Perhaps they'll fancy a bricks and mortar electrical retailer next ;-)

[muscletrade] 28/6/2017 07:26

Yes, they have beaten expectations on revenue, pretax profit, EPS and dividend.

[mikepompeyfan] 28/6/2017 07:04

Excellent results.

• Group like-for-like revenue(3) up 4%. Statutory revenue up 9%
• Strong profit performance:
- Headline PBT(1) of £501 million (2015/16: £457 million), up 10%.

- Headline basic EPS(1) 33.8p (2015/16: 30.2p), statutory basic EPS 25.6p (2015/16: 14.0p)‌‌

- Total statutory profit before tax of £386 million (2015/16: £263 million) after non-headline(1) charges of £115 million (2015/16: £194 million).

• Free cash flows(8) of £160 million (2015/16: £202 million) and net debt(9) broadly flat year-on-year at £271 million
• Final dividend of 7.75p (2015/16: 6.50p) proposed, taking total dividends for the year to 11.25p (2015/16: 9.75p), up 15% year-on-year


"Over the last few years a great deal of work has been done to make the company stronger, lower risk and more resilient. We are seeing the upside of these efforts now as we declare record headline profits before tax of over half a billion pounds - up 10%. More importantly, the improvement in our cost base, the strong leadership position that we have built, the investment that we have made in our digital business and, above all, the enormous shift in customer satisfaction and price competitiveness that we have driven leave us well positioned to flourish in the years ahead.

While the UK consumer environment seems to be holding up for us, there will undoubtedly continue to be changes in the way people buy all of the products that we sell from phones to washing machines. Change always represents opportunity, and our job is to find the propositions that keep us compelling to our customers forever. We are excited about our plans in services and about the myriad of initiatives that will drive long-term relationships with our customers.

In short, it has been a good year for Dixons Carphone and it gives me great pleasure once again to thank my 43,000 colleagues for the work that they have done to deliver so well and so energetically for our customers."

[tim 3] 27/6/2017 18:42

The mark down since Brexit does seem harsh however there were some big director sells earlier this year at 315 including Seb selling nearly £1m which makes you wonder.

Still think these are good value longer term under £3 however they are highly vulnerable to a consumer slowdown imo.

[riskvsreward] 27/6/2017 17:23

They can. Perhaps they are all serving the purpose of their masters who are the sellers.

[swedeee] 27/6/2017 17:06

16 analyst forecasts on the FT are super positive. can they really all be wrong?