Dixons Retail Share Discussion Threads

[wanttowin] 09/5/2014 16:18

come on 50p close..

[suejarvie] 09/5/2014 09:00

Well it seems to be common knowledge that it's a done deal now,not doing much for the share price at the moment though! Needs to get it's backside into gear!!

[mikepompeyfan] 09/5/2014 06:18

From The Times

City Diary: Dixons emerges as first among equals

With the £3.7 billion merger between Carphone Warehouse and Dixons expected to be unveiled when the latter announces its full-year trading update next Thursday, attention is turning to the structure of the tie-up. The two have been locked in talks since February over a potential deal that the market anticipates will be a merger of equals.
Will it be equal or is one company more equal than the other? Dixons has 500 stores in the UK and Ireland while Carphone has 800. Carphone's market capitalisation is £1.9 billion while Dixons' is £1.8 billion. Yet despite its smaller size, it seems Dixons may yet take precedence, at least in terms of the name of the combined entity. A recent filing at Companies House shows a subsidiary of Carphone has had its named changed to Dixons Carphone Limited.
"Several new entities have been registered," blusters a source close to the deal.

[skinny] 08/5/2014 13:36

Why not just look at their website?

[hmrc inspector] 08/5/2014 13:33

From Twitter:

Dixons Retail plc ‏@DixonsRetail 2m
Full Year Trading Statement next Thursday, May 15th

[mikepompeyfan] 07/5/2014 14:11

Cpw down and dxns up. What does that say ? Maybe some think dxns are in play now. As Elvis would say 'It's now or never'.

[hmrc inspector] 07/5/2014 12:10

A nice 500K trade just went through.

[wanttowin] 07/5/2014 11:48

60p would be nice..

[suejarvie] 07/5/2014 08:56

I cant see any valid reason for the shortsellers hanging on any longer,a bit of a short squeeze would be nice here!!

[manics] 07/5/2014 07:44

GL all longs. Will be excellent watching all of this play out hopefully to your significant benefit.

I sold out at 51p when the merger news first hit, only because it changed the investment fundamentally for me; DXNS in the immediate term became a binary bet as to whether the merger would go through which wasn't what I invested for.

That said I can clearly see the value in holding. 60p the dream, surely.

[mikepompeyfan] 07/5/2014 07:33

A breakout above 52p would be nice. Suspect it won't happen until Dxns trading statement and confirmation of the deal going ahead next Thursday though.

[mikepompeyfan] 07/5/2014 06:18

Pretty soon we will all be controlling domestic appliances by using phones via wifi and the internet. Dixons Carphone will be at the forefront of this now with demonstration facilities in every high street and retail park. Their combined purchasing power will be fantastic. Expect AO to complain again about Dxns getting better terms from suppliers. When you can see for yourself and buy at internet prices from Dxns why go elsewhere ? Future should be exciting and l can't wait to read the merger documentation which could be very bullish.

[tim 3] 06/5/2014 23:02

This is hugely positive for the company longer term.

Dixons already has significant dominance in the electrical market but until now has been weak in the smart phone/monthly contract area.

The merger will give them that critical market.

Who would bet against them now ?

May take a while for the city to realise it but this really is creating a truly powerful company in the coming years.

imo.

[anony mous] 06/5/2014 22:05

BC Partners could still outright bid for dixons. Its a steal at £1.8bn.Anything can happen up to that date yet.

[mikepompeyfan] 06/5/2014 21:57

Carphone Warehouse and Dixons Retail are on the cusp of agreeing a near £4 billion merger to create a powerful UK retailer with 1,300 stores.
A statement on the tie-up is expected around May 15, when Dixons is due to publish a full-year trading update. Based on last night's closing prices, Carphone Warehouse has a market capitalisation of £1.9bn and Dixons Retail £1.8bn, implying the value of a combined group would be £3.7bn.
The two companies confirmed they were in preliminary talks in February but were forced in March to ask the Takeover Panel for an extension to thrash out the details of a deal, which is expected to be structured as a 50-50 merger of equals. They have until 5pm on May 19 to announce an agreement.
Sir Charles Dunstone, Carphone Warehouse's chairman and founder, who started the chain from a flat on London's Marylebone Road in 1989, will become chairman of the combined retailer, which is expected to be named the Dixons Carphone Group. He will likely have a stake of almost 12 pc in the new company if it structured on a 50-50 basis.
Sebastian James, chief executive of Dixons, which owns the PC World and Currys brands, will keep his current job title at the merged company - as will Dixons' chief financial officer, Humphrey Singer. Carphone Warehouse's chief executive, Andrew Harrison, will become deputy chief executive of the new group, which would be in a good position to qualify for the FTSE 100.
A combined group will have two deputy chairmen: Roger Taylor, who already has the same title at Carphone Warehouse, and John Allan, currently chairman of Dixons.
The merger could spark complaints from other retailers, concerned over such a powerful combination on the high street, but insiders are confident that the deal will succeed as there is little overlap in their product ranges.
Cold water has also been poured on speculation around mass shop closures, although some outlets situated close together will inevitably have to close. Carphone Warehouse has almost 800 stores, predominantly on high streets, while Dixons, which more than 500 outlets in the UK and Ireland, generally trades from larger out-of-town stores.
The two companies were initially exploring Carphone Warehouse replacing Phones4u as Dixons' in-store mobile phone and tablet computer specialist but the talks quickly developed into full-blown merger negotiations. Phones4u's joint venture with Dixons will come to an end next year and the mobile phone company, which is owned by BC Partners, was reportedly trying to gate-crash a deal with Carphone Warehouse.
Spokesmen for Carphone Warehouse and Dixons Retail both declined to comment.

[anony mous] 06/5/2014 19:23

Expect shorts closing big trades over next few days.Combined mkt cap will adjust share price to upside since overlapping costs will go. Margins sharply rise.

[blondeamon] 06/5/2014 16:46

UVA that's all good and dandy but with DXNS news leak days in advance when share price suddenly rises or falls and the PI has no clue what's happening. That's inside info. Anyway doesnt matter.

[undervaluedassets] 06/5/2014 16:29

not rigged.

All anyone had to do was get long (and stay long) since 2 years ago.

This is an investment situation not a trade.

Just buy and hold and ignore the noise.

[blondeamon] 06/5/2014 16:25

Rigged markets, reporters know more about company than the owners!

[muscletrade] 06/5/2014 16:06

By Mark Kleinman, City Editor
Carphone Warehouse and Dixons Retail are poised to set the seal on a £3.7bn merger of equals that will create one of Britain's biggest high street groups.

Sky News has learnt that the two companies will make a statement to outline concrete details of their tie-up before a Takeover Panel deadline on May 19.

The terms of the merger, which will see the creation of a new mobile phone and electrical goods retailer likely to be known as Dixons Carphone Group plc, have been broadly agreed in recent days, according to people close to the discussions.

The final name has not yet been formally agreed by the two companies' boards, they added.

The transaction will be structured as a 50-50 merger of equals, which will ignore the fact that Carphone's market capitalisation has been marginally higher than that of Dixons since preliminary discussions were confirmed in February, they said.

Sir Charles Dunstone, the Carphone co-founder, is to be chairman of the combined group, with Dixons occupying the top two executive roles in the form of Sebastian James, chief executive, and Humphrey Singer, chief financial officer.

Andrew Harrison, Carphone's chief executive, will become deputy chief executive, while Roger Taylor, deputy chairman of Carphone, and John Allan, the Dixons Retail chairman, will be named deputy chairmen of the new company.

Some of the existing non-executives on the boards of Carphone and Dixons are set to miss out on roles at the combined group and will be informed in the coming days.

The opportunity for cost savings from a merger will be restricted by the limited overlap between the two retailers' product bases but an insider conceded today that there would be "some" head office job cuts resulting from the merger.

A source close to the deal added that the newly-merged company might identify a new head office location rather than moving to either Carphone or Dixons' existing base.

The new group will have a powerful place on UK high streets, with Dixons currently operating more than 500 stores and Carphone almost 800.

The rationale for the new business will be its ability to serve consumers in the "connected world" with mobile devices and electrical goods increasingly converging.

News that the merger talks are so close to resulting in a formal deal may end any lingering hopes of Dixons' rival, Phones4U of scuppering the deal.

Sky News disclosed in March that BC Partners, Phones4U's owner, was attempting to gatecrash the merger in order to protect its existing mobile phone retailing joint venture with Dixons.

Carphone and Dixons declined to comment.

[undervaluedassets] 06/5/2014 16:05

set to get very hot if you are short I should think...

[liam1om] 06/5/2014 16:03

Yep, if he says it, its happening. Not a holder here but I wonder what kind of impact this will have on the sp?