Dixons Retail Share Discussion Threads

[tim 3] 29/5/2014 23:53

Yes remember you saying about it before and I think others have mentioned similar problems.

Seems somebody fairly high up there is obsessed with having massive ranges but not the availability to go with it.

A smaller range with better availability would be a much better strategy imo.

[anony mous] 29/5/2014 23:13

Hey Tim.Thats what i have said here many times.Stock is never available.I too have checked dixons then bought elsewhere.One my recent posts i said...vacuum not in stock and staff told me go next door and get it from argos.Stupid really.

[tim 3] 29/5/2014 21:43

Oh dear.

Really poor experience shopping online.

Looking for a fridge freezer for Dad huge range but hardly any suitable models available for immediate delivery nearly all were delayed or manufacturers delivery.

No good if your refrigeration appliance has just broken.

Went to AO loads of models all available for free delivery tomorrow even at this time of the evening!

Hurts to say this but purchased from them.

Yet again Currys have massive choice but rubbish availability.

[ravin146] 28/5/2014 18:42

A 3m unknown trade...probably a buy...then two 3m sells, post trade time. Interesting to see tomorrow who did these trades, in the usual daily rns's we get...anyone know the latest share holding percentages?

[tim 3] 28/5/2014 18:39

The TV adds (unusually for Currys) are actually quite good too.

[undervaluedassets] 28/5/2014 16:48

World cup got to be helpful here .. that final impetus to get that new tv.

[billiam] 28/5/2014 12:52

ha'penny a day will do me fine.

[undervaluedassets] 28/5/2014 10:16

post 1635. . .

prescient.

[portside1] 28/5/2014 09:23

sold thank you very nice profit .

[ravin146] 28/5/2014 06:48

Once this deal is done and dusted...Dixons Carphone warehouse must work alongside manufacturers in succeeding to provide the best products, service and most importantly price matching competitors and guarantees, matching the likes of John Lewis etc. in the distribution line this simple, manufactures will do well more certainly e.g Apples rumoured home appliance platform could be announced on the June 2 at their conference. On the way up no doubt based on where the market is going...

[robo175] 27/5/2014 16:56

Nice little run going.

[undervaluedassets] 27/5/2014 16:30

blond I am losing it clearly . .

[mikepompeyfan] 27/5/2014 15:36

Hopefully there is a slow shift of stock from traders to longer term holders looking to reap the rewards from the merger going on.

[blondeamon] 27/5/2014 14:43

I like the yoda talk UVA :)

[undervaluedassets] 27/5/2014 14:14

Going to get very complex if you are short here (loads here still are amazingly).

The time to have been short was back in 2000 surely?

Good results + merger + recovery momentum from low base does not a good shorting prospect make in my view.

Each to their own....

[portside1] 27/5/2014 10:28

this muppet is up 5p and looking now to sell

[wanttowin] 27/5/2014 09:14

50p this week?

[mikepompeyfan] 27/5/2014 08:59

Another Standard Life buy RNS. They've certainly got the hots for dxns.

[cumnor] 25/5/2014 22:55

Any wonder UKIP and LePen flying it on Europe-EU screws individual taxpayers to pay for Brussels bureaucracy but allows Amacon screw the taxpayer even further with it's tax residency games. imo

[mikepompeyfan] 25/5/2014 11:20

I was watching the programme about the success of Lidle and Aldi. Have fewer items for sell so you can buy cheaper from the manufacturers. Do Currys really need to sell so many different fridges, freezers, tvs, basically everything ? Why not narrow the choice, keep more stock, buy from manufacturers cheaper on increased volumes and discount the sell price even more. It would probably work.
Too much choice online and in cluttered shops can be confusing.
A quick look on the Currys website has results like this -

Fridges 107 results
Washer dryers 48 results
Electric cookers 94 results
Standard microwaves 38 results
etc.

Maybe too much choice imo.
Savings to be made on warehousing and shop space also.

[undervaluedassets] 25/5/2014 07:01

The merger is a power marriage. biggest electricals co wedding biggest mobile retailer. What is not too like?

The brands (good brands Pcworld and Carphone) will be kept distinct on the high street and the savings made in the back offices.

One other thing last time DXNS made a 150 million pound profit the shares traded north of £1. Well They have stated they are set to make 150-160 million at next results.

Investors doubts about the proposed merger are masking the fact that DXNS is now (A) a transformed organization and (B) truly cheap.

[mikepompeyfan] 24/5/2014 07:08

The £3.8 billion ($6.41 billion) merger of British retail heavyweights Dixons Retail and Carphone Warehouse had been in the cards for months, but was greeted with skepticism by investors when it was finally announced last week.

Shares in both companies slumped despite their claims that the tie-up would create a pan-European mobile-phone and electrical-goods business poised for the digital age. They said the new company would be perfect for the much-vaunted Internet of Things, when your front door will know you are home and swing open automatically, the heating or air conditioning will power up while you are indoors and cut out when you leave, and the fridge will order more beer online before you realize it was running low.

Indeed, it was this sort of talk that disappointed investors, submerging the nuts and bolts of an otherwise good plan with arguably fanciful ideas.

IT MAKES SENSE FOR an electrical goods retailer, such as Dixons (ticker: DSITF), to merge with a phone company, such as Carphone (CPW.UK), in a world where their technologies are converging. Unfortunately, that convergence might have seemed a bit too far-off for many investors. It prompted fears that, in fact, the two companies were driven together out of necessity-a pair of High Street dinosaurs in denial about their inevitable fate. Both have taken a pounding in recent years from more nimble online competitors, such as Amazon.com (AMZN).

On the day the merger was announced, Dixons shares slid more than 10% and Carphone lost more than 8%. Since then, they've made up some of that lost ground, but remain below their pre-deal price. Dixons closed at 47 pence (79 cents) Friday, down 7.7% from its price on the day before the tie-up was unveiled. Carphone was at £3.04 ($5.12), down 7.8%.

Some investors and analysts say those losses are overdone and that they ignore the deal's very real benefits.

Tim Gregory, head of global equities at London's Psigma Investment Management, is upbeat about the merger. "It's an optically good deal with strong cash synergies, strengthening the merged company's relationship with its suppliers and distributors-I'm thinking about the likes of Apple (AAPL) and Samsung Electronics (SSNLF). It will enhance their offering and has good industrial logic," he maintains.

The merged company, to be named Dixons Carphone, will own close to 3,000 stores across Europe with annual sales of £12 billion. Annual cost savings are expected to hit £80 million in 2016-2017, half of which should be delivered in 2015-2016.

Matthew Rubin, an analyst at Verdict, reckons those are key points. "Despite both retailers being keen to point to the 'connected world' being one step closer, thanks to the merger, in reality this is a simple and relatively boring cost-cutting exercise, to which they are attempting to give a more interesting futuristic sheen," he says.

It may not be the revolutionary tie-up the release seemed to suggest, but it will create a larger company with unparalleled purchasing power, he adds. "Lower costs mean more flexibility to react to changes in the business environment and, most importantly, more clout to fight the likes of Amazon on pricing."

He says that, beyond cost savings, the new business will offer more choice for consumers and more locales for picking up click-and-collect orders. "It could be argued that a mutual agreement could have been agreed without the need to merge. But, at the very least, it is a tangible side benefit, and is a relatively cheap competitive advantage over online pure-play retailers."

ORIEL SECURITIES ANALYST Alistair Davies says he was surprised at the extent of investors' negative reaction. "Whilst the merger itself is at an early stage, from a Dixons perspective, the extension into the mobile-and potentially lucrative-data markets has been a well-known ambition for the company." He says that although more details are needed, the merged company's proposed cost savings over the first two years could add around 10% to earnings forecasts. "In addition, the core investment case remains attractive," he says, rating Dixons at Buy with a 56 pence target price.

Says Cantor Fitzgerald analyst Freddie George: "Although there is some skepticism in the market with combining companies with widely different cultures, we believe the deal will be beneficial to Dixons and retain our Buy recommendation and target price of 60 pence."

George says that Carphone, the largest cellphone retailer in Britain, wants to move into related products, such as tablets. Meanwhile, Dixons has sought to increase its mobile offerings. "The merger, in our view, is more compelling to Dixons although it is unlikely to be interested in Carphone's European operations, which includes Virgin Mobile in France and stores in several European markets," he says.

hxxp://online.barrons.com/news/articles/SB50001424053111904554304579572003283144692?mod=googlenews_barrons

[blondeamon] 23/5/2014 22:39

The idiot is back