Dixons Retail Share Discussion Threads

[suejarvie] 16/5/2014 08:00

Hopefully someone will inform the share price lol!

[los ricos] 16/5/2014 07:30

DXNS - raised to outperform by Exane

[cumnor] 16/5/2014 07:15

Agree, UVA. Opportunity to invest (with real money)for big medium to long term gains (not a piffling few hundred or thousands) trading gains here or there if one is patient. News yesterday was excellent-now have a very profitable company-minimum debt-that has disposed of its huge loss leaders over the past year. Will be part of a giant (online and high sttreet)retailer which will have real purchasing power whom manufacturers will listen to. Will take on online retailers-they can do what Amazon, AO etc do just as cheaply and who knows, get more involved in mobile, even setting up their own network (three quarters of the way there anyhow). And they do employ and PAY real taxes in the UK. imo

[undervaluedassets] 15/5/2014 22:49

There is still nothing wrong here.

A few people deicided to sell the fact of the news of the merger.

Nothing negative happened today.

Not saying it could not go a little further down but today was a bullish day newswise.

Some traders just decided to call time on their positions that is all.

There will be value to be had in buying at this level (or lower) very soon . If you believe the story really investors have been gifted with the opportunity to buy here on the cheap.

night night one and all.

[cumnor] 15/5/2014 20:50

Today (and next few days) a day for investors with patience and money to make a killing off traders and forced sellers. Love it.

[tim 3] 15/5/2014 20:40

and its still in its range 44 area support and 50 resistance.

[billiam] 15/5/2014 20:35

Hold steady boys, weave been here before. Will come good soon enough.

[tim 3] 15/5/2014 20:23

Form Dixons point of view this is how I see it.

Positives:
Cost savings.
Gives Dixons access to the smart phone market.(this is the critical positive imo)
Should create a powerful company to take on the competition.
The group will pay a dividend and could join the FTSE.

Negatives:
Uncertainty as the deal still has to be approved and nobody really knows how well it will work in practice.
With around 2900 stores the combined group has a big exposure to physical stores at a time when more people are buying electicals online.
The name Dixons carphone is frankly dreadful sounds like something from the 80's!

I still think overall it a good move for Dixons but there are plenty of uncertainty's to worry the city.

[suejarvie] 15/5/2014 20:01

Oh well nothing new,DXNS share price continues to react badly to supposed good news! Time for me to remove it from my screen, should of done it ages ago.

[manics] 15/5/2014 19:18

Bit of history:

[libertine] 15/5/2014 18:44

On the second tier, Dixons Retail and Carphone Warehouse were both lower after revealing they have agreed on an all-share merger valuing the combined entity at £3.8bn.

Michael Hewson, Chief Market Analyst at CMC, said that "today's disappointing share price performance [indicates] that investors aren't buying it, and to be honest neither do I".

He continued: "Dixons revenues look set to remain fairly flat over the next three years at around £7.5bn, while profit estimates look optimistic, unless they pare down on costs.

"As for Carphone Warehouse they've been down this road before with US electrical retailer Best Buy in 2008 and by 2011 Best Buy was packing its bags back to the US. Maybe the timing was bad with the financial crisis, but Best Buy is a much better retailer than Dixons, and the fact they couldn't make that work doesn't bode well for this particular merger."

Notably, as a merger of equals, neither set of shareholders will receive a premium as they would do in an acquisition.

[blondeamon] 15/5/2014 18:16

Some bad press:

[sr2day] 15/5/2014 16:12

this and the markets have come a long way.it is inevitable that a correction is required.it may have just started.

[undervaluedassets] 15/5/2014 16:03

Take a look around at the wider market. lots down. esp tech. We have some tech sentiment.

A bad day for good news.

Still good news though. The bad day for stocks will end and the good news will remain.

[v11slr] 15/5/2014 15:37

Right by Apex park when we first came down here, rented first semi-bungalow in Highburn Close backing onto the park. Just back from a ride across the Levels to Glastonbury, thinking about turning the screen off for the rest of the year!

[smartmoney100] 15/5/2014 15:28

V11SLR I think this is a good day to turn the screen off. I'll take my little nephew to wave to the ducks in Apex park. I'll say 'hi' to them for you :-)

[v11slr] 15/5/2014 15:22

"then we long-term investors can buy back in"

Anyone else see the contradiction in that statement?

[undervaluedassets] 15/5/2014 15:15

Good news and the market sells = Cheap.

[undervaluedassets] 15/5/2014 15:14

well statement was ahead of Market expectations and the merger with CPW confirmed and for the moment we are down.

The "it is better to travel than arrive brigade" have sold.

meanwhile lots to look forward to in the interim.

Am surprised but not overly so.

The story here remains a good one.

Will recover all of this and some in near future.