Dixons Retail Share Discussion Threads

[billy5] 16/5/2014 19:08

i like portside's prediction best!

[sr2day] 16/5/2014 17:19

merging is effectively forcing cpw shares on the dxns shareholder and viceversa.don,t see as good news if you do not rate the other company.

[anony mous] 16/5/2014 17:09

Thats about 20% wiped off this week with good news.

[anony mous] 16/5/2014 17:02

Another one for the bottom drawer.Shame really.Had high hopes for dxns.

[hippo] 16/5/2014 16:27

So we know how many cpw shares we will own now, so dixons will just track cpw until the deal is complete.

[undervaluedassets] 16/5/2014 16:18

kind of get where you are coming from Muscletrade. lol.

[muscletrade] 16/5/2014 14:30

@undervalued...I wish I had a fiver for every time I've heard that particular argument :)

Another thought, how many private/small retail investors would have placed fairly tight stop losses on this one just in case the proposed merger did not take place.
A lot I would suggest.
Easy pickings for professional players, especially when they buy the rumour and sell the news anyway.

[undervaluedassets] 16/5/2014 14:08

thought ....

Unless the share price collapses completely this is a cert for ftse 100 entry.

There are going to be a lot of forced buyers as the trackers buy in ..

[portside1] 16/5/2014 14:03

60p plus in weeks buy buy buy .

[billiam] 16/5/2014 13:50

French cable and telecommunications group Numericable Group SA is in talks to buy Virgin Mobile France in a deal worth EUR325 million ($445.77 million), in what would be the latest piece of consolidation in the country's telecom market.

Numericable, which is owned by Altice SA, said it had entered exclusive negotiations with Omer Telecom Limited, Virgin Mobile France's parent company, to start consultations with employee representative bodies. Omer is 46% owned by Carphone Warehouse Group PLC, the U.K.-based mobile phone retailer.

Virgin Mobile France is a so-called mobile virtual network operator, which offers mobile services using other company's network infrastructure. It has more than 1.7 million subscribers in France and posted a revenue of EUR560 million for the 2012-13 fiscal year.

The talks come as Numericable is about to complete the acquisition of larger French mobile group SFR from Vivendi SA.

Vivendi will participate in the financing of the Virgin Mobile transaction and pay EUR200 million, because the group will remain a minority shareholder in the new mobile entity created after Numericable closes the acquisition of SFR.

On Thursday, Orange, the former French state monopoly, and Bouygues SA, the owner of Bouygues Telecom, said they were examining possibilities to tie-up with domestic rivals just hours after Economy Minister Arnaud Montebourg called for further consolidation of the country's telecom market.

Bouygues had tried to buy SFR earlier this year but was beaten in a bidding war by Numericable.

For Carphone Warehouse, the potential sale of its stake in the Virgin Mobile France business comes a day after it announced a $6 billion merger with electronics specialist Dixons Retail PLC.

[portside1] 16/5/2014 13:36

time to buy buy buy buy

[sr2day] 16/5/2014 12:59

still a way but with a bit of luck it looks like my order of 37.5p of over a year may get filled.

[tim 3] 16/5/2014 12:46

muscletrade
16 May'14 - 10:27 - 1581 of 1584 0 0
It's weird, I don't recall reading Louise Coopers analysis before the merger was finally announced. Strange that. I suspect her wisdom would have been slightly different if the share price had gone up yesterday.


Spot on, like most analysist's/jurno's they seem to wait for the price to move then find a story to fit.

[muscletrade] 16/5/2014 10:49

Further to my post above, actually predatory pricing is still illegal, although very difficult to prove and/or enforce.
as an example,
"According to an International Herald Tribune the French government ordered amazon.com to stop offering free shipping to its customers, because it was in violation of French predatory pricing laws. After Amazon refused to obey the order, the government proceeded to fine them €1,000 per day. Amazon continued to pay the fines instead of ending its policy of offering free shipping".(source wikipedia).

[undervaluedassets] 16/5/2014 10:48

The market has done what it often does.

bought the rumour and sold the fact.

The facts yesterday were (a) good results and (b) confirmation of the merger.

The scribblers in the press (who are mostly not market participents) scratch their heads and then have to write a story to explain the fall - and suddenly are all oh so wise after the event. "DXNS/CPW fell because this, fell because that blah blah".

If the shares had taken off yesterday there would have been different press "DXNS/CPW went up because this it went up because that blah blah".

The facts remain there was good news yesterday and the shares fell.

To me that equals bargain.

In a way its everything you want as an investor. good news and a fall in the share price as you can buy into an improving situation cheaply.

[sr2day] 16/5/2014 10:44

the markets will take this further down.once they have got the bulls by the balls they won,t let go easily.there is still a lot of pain to be dished.

[75monty] 16/5/2014 09:29

Would appear to be heading sub 44

[mikepompeyfan] 16/5/2014 09:18

Maybe they would prefer Dixons to close all their stores, just sell online, pay no taxes and put thousands more on the dole. They might be happy when they are forced to buy everything blind without physically seeing anything. Would probably put Dixons on a p/e of 100 then ;-)

[billiam] 16/5/2014 09:08

Piece on BBC news last night was trying hard to look negative too. So much for supporting the British economy. Why the comparison with Amazon? When was the last time you popped into an Amazon store to check out your TV, or Dishwasher, or Fridge, or Cooker etc etc before you buy? Touch, feel, see, talk to advisor about. Just remind me of Amazon profits again?

[bit thick] 16/5/2014 08:44

From BBC website "Independent analyst Louise Cooper said there would be "much scepticism" about the idea that the merger would produce better growth.

"Two past-their-sell-by-date retailers merging does not an Amazon make," she said."

Surely this would have been true the day before confirmation, as this has been on the cards since february! I'd love to know how much these analysts are paid to talk rubbish!

[manics] 16/5/2014 08:13

Whatever comes you'd have to say round one of this merger has been a fail regards the naming convention.

It was a perfect opportunity to ditch Dixons (signage consumers can today only see in airports) and Carphone (a relic word from the eighties).

Currys FaxMachine?