Currys Share Discussion Threads

[ravin146] 29/8/2017 11:18

Other parts of the business are doing far better than OK!

And note mobile business's EU hit, is small beer compared to the electrics for dc.

[tim 3] 29/8/2017 11:15

No ravin.

I would not short down here as they are due a bounce and as you say its not all bad news other parts of the business away from mobile are doing ok.

[ravin146] 29/8/2017 11:09

Tim3 are you shorting dixons?

[tim 3] 29/8/2017 11:06

The whole mobile phone market is changing the % of people who upgrade every time a new model comes out is decreasing,the average time people keep a phone increasing.
Whats the winning feature of the I phone 8 that will make people rush out and buy one?I have an I phone and so do loads of people I know and nobody is talking abut upgrading.In future I think people will update phones like they do other appliances when they break or become unreliable.The mobile phone problems will not disappear anytime soon for DC. imo.

[undervaluedassets] 29/8/2017 10:56

SR2day could do 120p without news of any kind IMHO

72p with bad news - that would be equivalent to the 9p DXNS 2012 low in new DC. money.

[ravin146] 29/8/2017 10:44

Not long until iphone8 launch.Could be the biggest sales numbers ever if the high spec speculation is right.The recent fall is overdone imo and by most of the analysts.Gla

[sr2day] 29/8/2017 10:37

this will hit 120p come the next profit warning.

[undervaluedassets] 29/8/2017 10:32

For those that are interested (and have long memories) the pre merger DXNS share price would now be 26p (which is 35% below the median price it was in 1994!).

It goes without saying that without the merger (a vanity exercise that now has been revealed to be one of zero benefit to both Dunstone and James - much kicking of selves taking place in background I have no doubt) the price would of course be massively north of that. I venture double at least.

(FYI DXNS closing price day before merged enterprise started trading on 7th august 2014 was 52.95p)

2012 pre merger DXNS low was 9.5p ... so if we consider that the merged CPW/DXNS enterprise is a more 'wounded' venture than the solitary DXNS one a fall of another 60%+ cannot be discounted..

I would venture to speculate that that is why James sold at such a apparently disadvantageous price - he knew that much worse was to come.

[nortic 007] 29/8/2017 10:23

Well it took you a while but thanks for answering.We have different styles and that's what makes a market.Enjoy the sun.

[undervaluedassets] 29/8/2017 10:17

Nortic as I said I have no position here.

I would not be short at this level however as the stock is retail investors darling and could suddenly rally on nothing only to run out of puff and return south.

Equally I think that the company could suddenly come out with a statement mentioning the fatal words "banking covenants" and the share price would swoon once again.

I would be short north of the current share price I think is the answer to your question as I consider long term the risks are all to the downside..

my position as an investor is always if do not see a sound investment case for a company for the next 25 years I am not an investor in that company for one minute.

(and of course one can still be wrong)

[nortic 007] 29/8/2017 10:06

I'd quit while you're behind.

[nortic 007] 29/8/2017 10:05

I said at the time good sell but are you still a seller. Stop living in the past and move on.

[nortic 007] 29/8/2017 10:02

Still can't answer my question. Move on sir.

[undervaluedassets] 29/8/2017 10:01

See post 15 on this thread .

I am intimately aquainted with this company and have been here a long time . was invested before the merger and familiar with the formula to extrapolate the pre merger DXNS price.

[nortic 007] 29/8/2017 10:01

27 years a MM and retired at 43 . Now move on sir.

[undervaluedassets] 29/8/2017 09:59

Nortic ...

May I respectfully suggest that you pay little more attention to the balance sheet.

Your "If often find balance sheet rather dull when investing" (sic) rather betrays your inexperience sir.

[nortic 007] 29/8/2017 09:55

Also mind your language . Always a sign of weakness I find.

[nortic 007] 29/8/2017 09:53

Stick to SPD and your Mercedes's analogy .

[nortic 007] 29/8/2017 09:51

This is not a restaurant you peculiar man. So where you are going with that nobody knows. I've invested in a company that makes a lot of money but has room for improvement and I've bought at it lows. This is not The Rat and Parrot.NOW ANSWER MY QUESTION FOR THE 3rd TIME OF ASKING.....LONG OR SHORT DOWN HERE???You silly analogy shows how little you know about investing .Bon Appetit

[opodio] 29/8/2017 07:39

12 september is target date for 220p-270p

[nortic 007] 29/8/2017 06:19

OakvilleMost helpful ... thank you.

[oakville] 29/8/2017 05:17

The above showing very little, if indeed any stock being shorted.

[oakville] 29/8/2017 05:16

Disclosed positions in DIXONS CARPHONE PLC (DC.)
Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.
Fund % short change Date changed
Total 0.0%

[oakville] 29/8/2017 05:13

For the record our Toronto Star have Dixons as a buy now from a hold. Target price £2.60.