Currys Share Discussion Threads

[nortic 007] 27/8/2017 13:00

Go short then

[undervaluedassets] 27/8/2017 12:14

Nortic I have no position .. I HAD a position ... a big one .. 4 and 5 years ago.

I stayed for the merger. I thought it made sense. Then got out as I posited
that the synergies of merger would not materialise and the risks grow.

And Hey presto....CPW news is now hurting the share price of the whole enterprise..

[opodio] 27/8/2017 12:10

nice bit of director buying

[opodio] 27/8/2017 12:09

220p coming soon

[scotty666] 27/8/2017 11:56

Undervalued why should they "bank some cash"?

They have a decent amount of cash on the balance sheet, still paying a dividend and I'm sure could reduce capex a little if needed for an interim period.

[tsmith2] 27/8/2017 11:33

Majority of Brits would upgrade to iPhone 8 despite price hike - The Telegraphhttps://apple.news/Ao-EhrT_aQUqu1h1-7L1BiA

[nortic 007] 27/8/2017 10:37

Maybe on this chat you should change your name to overvaluedassets .)

[nortic 007] 27/8/2017 10:26

Your analysis on SPD recently has been overly bullish and almost puff like and your thoughts on DC. are overly bearish. Compare the two companies and from what I can see is that you're contradicting yourself. The 2 companies couldn't be more opposite.Just a observation.

[nortic 007] 27/8/2017 10:21

So my question still stands. Would you rather be long or short here over the coming weeks ?

[undervaluedassets] 27/8/2017 08:46

Short term going to be volatile that is certain .. and I am sure bulls and bears will make money provided neither buys too high or sells too low. However as Warren Buffet says:-

"Time is the friend of the wonderful business, the enemy of the mediocre.".

And long term unless this business can start to bank some cash from it £10billion turnover they are fxxxxd

meanwhile DC. walks on a razors edge with onerous bricks and mortar leases, minute margins and Amazon breathing down it's neck.

Also given the way that Apple deals with it's customers I think that the launch of iphone 8 IS a big risk for DC because they make their customers pay cash up front.

If things get any worse first warning sign will be that the dividend will be gone/decimated in flash.

[fangsforthememory] 26/8/2017 10:20

Short term, DC. price will likely recover somewhat. For me the big risk event is October, when the European Council vote to decide if enough progress has been made in Brexit talks to move on to trade / other issues. If this does not go our way, and there is not really much indication that it will, it will give the pound another leg down, and put a squeeze on consumers and sentiment just as we enter the critical Xmas trading. So fundamentals, check, technicals, check, politics, er........

[nortic 007] 25/8/2017 23:02

Your silence speaks volumes .

[nortic 007] 25/8/2017 22:16

Undervalued My question is would you rather be long of 100/- or short of 100/- over the next 2 weeks ???

[scotty666] 25/8/2017 22:03

Undervaluedassets - cash is king, hope that helps. Best regards

[nortic 007] 25/8/2017 19:50

185 bid 100/- . I feel a bit naked.

[nortic 007] 25/8/2017 19:48

Fancy selling me a few .) I'll make up for the directors shortfall ?

[nortic 007] 25/8/2017 19:35

Spoken like a true bear

[undervaluedassets] 25/8/2017 19:16

Re share purchases

Piffling amounts compared with director sales earlier in the year.

Window dressing.

Where is the cash ? Will someone tell me ?

(now waiting for someone to tell me that "cash is not important")

[nortic 007] 25/8/2017 18:40

Take a look at PFG and how that has bounced . Now they are a stack of poooh. I know which one I'd rather own.

[nortic 007] 25/8/2017 18:37

Sorry my maths was wrong 273k invested. I'll sleep well:)

[fangsforthememory] 25/8/2017 18:35

Share purchases today from RNS

Andrew Lawley, Grp Strategy Director, Seb James CEO, Humphrey Singer Grp Finance director bought 25000 shares each.

De Nunzio associates on behalf of Tony DeNunzio, Dep Chairman bought 50000 shares.

Price of all the purchases was £1.78

Fundamentals and technicals point to this going higher next week.

[nortic 007] 25/8/2017 18:30

UndervaluedassetsWe both follow SPD but I think I make a valid point but always respect your opinion .

[ravin146] 25/8/2017 18:19

Rkjones the last rns states Sen Jamespurchased.If you still can't see this, pop into spec savers this bank holiday weekend.I would hate to be a short over the weekend :)