Dixons Retail Share Discussion Threads

[75monty] 01/5/2014 18:04

Nice tick up today, my limited charting knowledge tells me we are primed for 50p in short term.

[manics] 01/5/2014 17:38

Dixons made redundancies yesterday from the Hemel HQ including buying team resource. That is fact.

The rumour is that they are preparing a withdrawal from certain non core categories.

My speculation is that is due to the merger plans which I have been told us a dead cert.

Disclaimer: I'm just an internet handle with no current DXNS position


GLA

[mikepompeyfan] 01/5/2014 12:20

< Sticks head above the parapet >

Now it's May l wonder if the time really has come when the share price will start a steady rise as it looks towards the trading statement and merger ?

< Ducks down again >

[mikepompeyfan] 01/5/2014 09:11

hxxp://www.ftadviser.com/2014/05/01/investments/uk/jupiter-uk-duo-build-up-cash-as-protection-42Lp7TxOVl5LOrBNcIVGYL/article.html

Mr Davies also highlighted FTSE 250-listed Dixons, which is up 227 per cent in the past three years, and Howden Joinery, which has risen 208 per cent in the same period. The manager said a proposed merger of Dixons and Carphone Warehouse "would create some positive synergy" and boost the position further.

[mikepompeyfan] 01/5/2014 06:34

hxxp://www.marketingweek.co.uk/sectors/retail/currys-and-pc-world-tap-into-emotion-of-football-in-new-campaign/4010348.article

Currys and PC World are hoping to tap into the excitement surrounding the upcoming football World Cup with a brand campaign aimed at positioning the retailer as the go-to destination for people wanting to buy new TVs in the run-up to the competition.

Video: Currys and PC World's new campaign shows men trying to convince their partners to buy a new TV


The TV spots, created by AMV BBDO, launch tonight (1 May) and show men trying to convince their partners to buy a new TV while pretending its not because of the upcoming football. While the ads are aimed at promoting Currys & PC World's range of smart TVs, unlike previous ads from the retailers they don't feature the products themselves, instead focusing on the story of the couples.

Katie Bickerstaffe, UK and Ireland chief executive at Currys and PC World owner Dixons Retail, says: "The new creative marks a step change for our business in the way we talk about our brand and products to our customers. This summer will see an unprecedented amount of football action which we know many of our customers are deeply passionate about.

"With these ads we want to tap into that emotion, letting our customers know we are the destination for televisions and a host of other tech upgrades ahead of this summer's big football tournament."

Currys and PC World is launching an online hub hosting an on online buyers guide that runs viewers through the right questions to ask when looking for a new TV. Its usual Cash for Goals promotion will also run, offering registered customers £10 for every goal England score in the World Cup and £5 for every Brazil goal that can be used when purchasing a large screen TV.

[75monty] 30/4/2014 11:51

What does that RNS mean, double dutch to me?

[sr2day] 30/4/2014 09:18

I guess the merger has run into a stumbling block,otherwise CPW would have talked about it.so we should see share price under 40p again.

[mikepompeyfan] 30/4/2014 09:01

hxxp://www.dixonsretail.com/investors/financial-calendar

15 May 2014 Full year trading statement
26 June 2014 Preliminary Results

[barbel3] 30/4/2014 08:20

hi folks can anyone tell me when the results are due thanks in advance

[mikepompeyfan] 30/4/2014 06:15

Well if dxns results are not good and their share price falls then l hope you are right. If they are outstanding however and the share price rises .....

[hippo] 30/4/2014 02:00

I think it will normall be based on details, prior to original rns. I believe the market caps were not too far apart.

[mikepompeyfan] 29/4/2014 21:22

Personally l think the sps after dxns announces it's results will be more significant. As cwp had their results today it can be argued all known facts are out in the open then and the share price is a truer reflection than it was when the merger talks first became known.

[hippo] 29/4/2014 16:36

Trying to figure out the likely split.

[hippo] 29/4/2014 16:35

Anyone any idea the marketcaps and share price for each business the day before the merger talks rns.

[tim 3] 29/4/2014 16:31

"The source added that Dixons Retail - which owns PC World and Currys - wants Phones 4U out of its stores and Carphone Warehouse involved going forwards."

that's a surprise lol

[blondeamon] 29/4/2014 16:04

Carphone Warehouse steps up expansion before planned Dixons deal

[mikepompeyfan] 29/4/2014 13:32

hxxp://www.everyinvestor.co.uk/news/2014/04/29/funds-uks-buffettology-fund-7823/

Fund manager interview: the UK's Buffett

Dixons was being viewed as a potential bust by the market. It had a refinancing looming and some analysts though it would not be able to do this. I went out and kicked the tyres and thought there had been a big improvement in the 3 years or so since I last looked round the stores. When I worked on the financials, it was obvious to me that refinancing would not be an issue. I started buying at 18p and went all the way up to 40p. The demise of Comet left Currys/PC World in the wonderful position of being the last man standing. If the merger with Carphone Warehouse can be consummated, I think there is much more upside. (The share price is currently around 45p).

[mikepompeyfan] 29/4/2014 13:26

hxxp://www.pcr-online.biz/news/read/dixons-retail-carphone-warehouse-merger-will-happen/033862

UK tech retail giants Dixons Retail and Carphone Warehouse WILL merge, PCR understands.

A source close to the situation has told PCR the deal is 'as good as complete' - and is a matter of when it will be announced, not if.

The source added that Dixons Retail - which owns PC World and Currys - wants Phones 4U out of its stores and Carphone Warehouse involved going forwards.

There are currently Phones 4U 'store-in-stores' in more than 150 Currys/PC World outlets across the UK.

The news comes as Carphone Warehouse announced revenues rose 5.3 per cent during the 52 weeks ending March 29th 2014, with Q4 like-for-like revenues up 2.3 per cent.

Carphone Warehouse refused to talk about the possible merger during a conference call this morning.

"We'll update the market in due course," said Carphone Warehouse CEO Andrew Harrison, as reported by The Irish Times.

Dixons Retail and Carphone Warehouse announced in February they are in preliminary discussions over a possible merger. They were granted a merger deadline extension and are now expected to announce whether they will merge or not by May 19th at 5pm.

Adam Simon, Global MD for Retail Business Development at Context, said: "Rival retailers will find it harder to compete - Phones4U will not see the renewal of its contract with Dixons in 120 stores, and will face tougher pressure on the High Street from a combined Dixons/CPW."

Read more about how the potential merger could affect the PC/tech industry in our analysis piece.

Dixons Retail didn't respond to PCR's requests for a comment.

[mikepompeyfan] 29/4/2014 08:28

Little reaction to that so far in the cpw share price. Dixons results in a couple of weeks then all systems go. Can't wait to see broker notes/forecasts for the combined group.

[blondeamon] 25/4/2014 20:05

Don't drink and post.

[billiam] 25/4/2014 09:49

Retail sales edged up in March compared with the previous month, official figures show, surprising some analysts.

Sales volumes were 0.1% higher in March than in February, but there was a more significant rise compared with a year ago.

Volumes rose by 4.2% compared with March 2013, the Office for National Statistics (ONS) said.

The cold weather a year ago was a key factor in the year-on-year rise, the ONS said.

Non-food stores showed the biggest year-on-year rise in sales since April 2002, up 9.6%.

[scrabble1975] 24/4/2014 03:39

Allowed me an opportunity to get back in after the talks created the recovery in the share price recently. Agree with you Blondeamon though. Still, I have a much smaller holding here this time, and am sleeping easier at night :) FLYB have done ok for me though since I used the money I had left from here to invest there. I've put some of the profits there, back here! Onwards and (hopefully) upwards! Recent lack of retail strength probably not helping though...All imho.