Currys Share Discussion Threads

[undervaluedassets] 07/9/2017 09:44

Ravin: "AIM type rise this is baby steps but than risk is less here."

No come on... English only on this board

[right honorable lord lucan] 07/9/2017 09:27

1corrado7 Sep '17 - 08:45 - 1868 of 1869

Bought more at 168p to average it down from 238p to now 210p should be at that level after Christmas sales.

============

You've hit it on the head ... SALES!

[careful] 07/9/2017 09:25

topped up earlier today.
there is often money to be made by betting against market wisdom.
markets are not smart anymore.
they no longer reflect the strength and prospects of a company.

Woodford apologising for his poor performance since start 2016 in todays Telegraph.
He has had a terrible run recently of buying shares that have suddenly collapsed.
shows how difficult markets are these days.

[1corrado] 07/9/2017 08:45

Bought more at 168p to average it down from 238p to now 210p should be at that level after Christmas sales.

[undervaluedassets] 07/9/2017 08:27

That is what I do...

[undervaluedassets] 07/9/2017 08:27

He will get such a kicking from private investors some of whom have stuck with this company for 2 decades.

The marriage with CPW has surely been revealed as the greatest folly.

At the time was greeted with much pomp and circumstance. and ego enhancing for the 2 ceos.

The high street is moving so fast and the purchase of electricals is moving online.

both organisations must face up to the reality that a significant percentage of the population use Currys and Carphone simply as showrooms. And then go and buy the identical item that they have examined much cheaper online .

[meinhere] 07/9/2017 08:20

I agree with you, undervaluedassets, I will be listening to the webcast rather going there, but the AGM should be rather interesting nonetheless.

[undervaluedassets] 07/9/2017 08:18

"RBC Capital Markets analyst Richard Chamberlain downgraded the recommendation on Dixons Carphone Plc to outperform from top pick.
Chamberlain lowered the target price to 215p from 225p, implying a 25 percent increase from the last close. The target is 16 percent below the consensus average of 255.69p. Dixons Carphone had 10 buy recommendations, 7 holds and 1 sell before today.
Analysts lowered their consensus one-year target price for the stock by 35 percent in the past three months. Forecasts range from 180p to 475p."

Thank you Nortic

What did I say...

There will be more lowered targets to come.

[undervaluedassets] 07/9/2017 08:13

Anybody going ?

I went 4 years ago when this company was on the up.

If you are serious - you should.

There will be harsh words spoken I would imagine.

Esp regarding the bad marriage with CPW the news of whose disappointing trading has brought the share price so low.

[nortic 007] 07/9/2017 08:10

Thanks meinhere

[undervaluedassets] 07/9/2017 08:07

And now we know what kind of stock this NOW is

It is a day traders football...

Hurrah!

The risk is all to the downside (cos the fundamentals are shot) .

But nobody cares cos it is cheap

Fast fingered longs and shorts will make money here.

But the case for investment here.... Nah... I think not.

[undervaluedassets] 07/9/2017 08:05

And ...

ker-flop.

And the new bulls are trapped

[meinhere] 07/9/2017 08:03

hxxp://www.investis-live.com/dixons-carphone/598ad17caf1e9e10000e6073/faaw

Dixons Carphone plc 2017 Annual General Meeting.

Welcome to the Dixons Carphone plc 2017 Annual General Meeting. The live webcast will take place on Thursday 7th September 2017 at 11:00 BST and an on-demand version will be available shortly after.

This presentation will be hosted by Ian Livingston and Sebastian James.

[nortic 007] 07/9/2017 07:46

Just spoke to the traders in DC. this morning . There was supposed to be an update today but not sure if that's the case because of what they said 2 weeks ago and I was also thinking last night how a director could have bought stock yesterday before an update but let's wait and see. I was also sent this as well .I hope this is of some help.RBC Capital Markets analyst Richard Chamberlain downgraded the recommendation on Dixons Carphone Plc to outperform from top pick.Chamberlain lowered the target price to 215p from 225p, implying a 25 percent increase from the last close. The target is 16 percent below the consensus average of 255.69p. Dixons Carphone had 10 buy recommendations, 7 holds and 1 sell before today.Analysts lowered their consensus one-year target price for the stock by 35 percent in the past three months. Forecasts range from 180p to 475p.Have a good day gentlemen.

[nortic 007] 06/9/2017 22:10

I've also got a load of ITV. If I had nothing to worry about I'd get bored of life. Lol

[nortic 007] 06/9/2017 22:08

Mr Lucan I did not sir. But if things go wrong I'll give you the thumps up for giving good guidance. Who knows what tomorrow brings. I have a court hearing on Friday so will be busy tomorrow . Never do business with friends is my advice. Life's all about learning lessons.Pleasant dreams sir.

[right honorable lord lucan] 06/9/2017 21:46

Nortic, before you 'hit the sack', hope you took a profit today sir

[fangsforthememory] 06/9/2017 21:43

Did someone mention 888. f f s.

[nortic 007] 06/9/2017 21:10

Bed time now lads.

[ravin146] 06/9/2017 20:52

Andysaw...you are missing the point.I'm not saying the UK retail sector is not under uncertain times, brexit, currency depreciation, fierce online competition from online large corporates etcI'm here short-medium term. Dixons carphone is a huge high street name. Yes that doesn't stop bad times.For me, on current forecasts, current balance sheet and medium term forecasts, and not forgetting dividend cover, the recent fall is way way overdone, not just on a fundamentalist point of view, but technicals show this will, I say will, rebound. And today we saw that, I said this morning read my posts...just based on technicals is will bounce and it did.Easy 9p based on time periods I have made on frse250 stock in a long time. AIM type rise this is baby steps but than risk is less here.Note this is still forecast to make £360m-440m...iphone8 yet to launch, U.K. BRC sales and other measure still show signs of strong U.K. Consumer spending in the run up to Xmas and dc. has diversification with European businesses.Summary- Short term overdoneImo, dyor. Respect your short view unlike other garbage I've filtered!

[nortic 007] 06/9/2017 20:46

When you look at historic charts and I'll take Glen as an example . When they got to 68p in English money nobody would touch them and they were going bust according to analysts and punters alike. Same goes for BARC and a whole host of other stocks. That is called fear and that is always a good time to buy. Stocks never go up forever or down forever.Emotions drive markets and that's when opportunities arise. Take it from me I know.

[andysaw] 06/9/2017 20:30

Also FTSE category doesn't matter these days. Look at Carillion, Provident, Restaurant Group, WPP, BT, etc

[andysaw] 06/9/2017 20:26

Directors bought at much higher price previously but share price kept falling. It is a tiny bounce and I reckon it will start falling again to reach 155p. I would stay away from retail sector until things settle down. Look at other stocks Restaurant Group, Halfords, 888 Holdings, AO, etc. All keep falling each day.

[ravin146] 06/9/2017 20:08

Director buy 10k, are you serially telling me director are throwing money at bad...especially ftse 250 stock...I doubt so...Shorts burn!