Dixons Retail Share Discussion Threads

[munchbowl] 05/8/2014 07:57

Cheers Bit Thick for working that out

[bit thick] 04/8/2014 22:35

£5.93. I'll have an orgasm if it gets there!!

[maximillian1] 04/8/2014 19:48

What the equivalant of 92p in the new share price. no good at maths..

[bit thick] 04/8/2014 19:18

So, I get .155 new shares for each old one. The equivalent of 52p is therefore £3.35. If new shares are trading much above this, we are in the money...

[gerdmuller] 04/8/2014 15:27

It's very noticeable now when walking down the average UK high street of through a retail park how little non-internet competition there is. Phones4U always seem less full than Carphone and they might even struggle more now they are being removed from Dixons stores.
Surprising also how little 'noise' there is around at the moment to say these are close to a 2008 high. That's often a good sign as well as once things begin to calm down then management can get on with making this into what could become a core long term investment for many.

[undervaluedassets] 04/8/2014 12:09

The most obvious benefit of the merger is that both companies will have will be able to place stock in each others stores creating a much larger footprint at nil cost.

Phones4u were in PCworld with profits going to Phones4u. That will now be Carphone Warehouse in PCworld with profits being kept in house

Then there will be the savings from the inevitable closures of unprofitable stores.

[undervaluedassets] 04/8/2014 11:45

The professionals have mostly closed their shorts.

But the amateurs and smaller players remain very short - 16% of stock was on loan in June - that is 586 million shares.

Some will have been bought back in July but there is still a lot of stock still out on loan.

Will shorters want to be short and be going on holiday given recent strength and prospects here?

We will see

[mikepompeyfan] 04/8/2014 11:44

hxxp://www.retail-week.com/comment/comment-dixons-carphone-could-be-a-truly-customer-centric-company/5062828.article

Much has been written about the recently approved Dixons Carphone merger, which lists on August 7. But none of it really grasps the true fundamentals of this move that will, over time, prove one of the most significant chapters in the journey to the connected world via the 'internet of everything'.

Consumers need and demand choice thanks to the success of the internet. Dixons Carphone will provide much-needed choice in the volume sector as the four screens – TV, PC, tablet and mobile phones – converge.

However, John Lewis has created a strategic point of difference and set the standard for genuine customer
care and experience through its unique culture.

Dixons Carphone has to exceed that and differentiate itself if it is to Play a dominant role by building trust in the minds of consumers.

I believe together Dixons and Carphone have the tools to achieve this brand position.

Dixons has strong sourcing capabilities in PCs, tablets and TVs, plus white goods, including a vast store network. Online represents some 17% of its UK business and it is capable of much more to facilitate a true multichannel capability for the merged companies. Click-and-collect is also a great traffic driver to store, even with the backdrop of declining foot traffic of around 1% in the high street.

Carphone has fantastic partnerships with the mobile phone carrier networks in Europe, providing unbiased advice to consumers plus a successful European store network.

These strengths, coupled with in-store and back-end IT systems that track tens of thousands of tariffs in
real time daily, are unparalleled.

The technology and customer relationship management systems will enable Dixons Carphone to develop and extend this capability to other categories and Dixons' stores to achieve a consistent multichannel experience.

Carphone will also bring to the merger its experience in the US with Best Buy. Its success with Best Buy Mobile – growing US share from around 1% to 8% in a few years – also became the benchmark internally for innovation and governance. I am sure that will provide the merged business with tools and knowhow about working with partners to accelerate growth and remove complexity.

Today's consumer also wants a service capability 24/7, 365 days a year – not unlike having your own chief information officer who ensures advice and remedial repair response in the event of a fault for consumer electronics and electrical products. Both Dixons and Carphone have these capabilities and should consolidate them to create the market leader in Europe. That is a massive opportunity and a differentiator that no one is doing well in Europe.

One of the most important benefits of the merger is the Dixons Carphone ability to counter the impact of Amazon by offering the latest new product, underpinned by a more robust in-store approach to 'Walk Out Working'. This means no customer leaves the store without being shown how to use the products they have bought to achieve greater satisfaction.

In conclusion, this is a unique opportunity to create a genuine customer-centric culture to benefit customers and employees. It can make technology the 'servant of consumers', and provide manufacturers with alternative channels of distribution to ensure rigorous competition.

Bob Willett is chairman of several companies and former co-chief executive of Best Buy

[mikepompeyfan] 04/8/2014 11:42

Patience is starting to get it's rewards now :-)

[billiam] 04/8/2014 11:40

Both dxns and cpw looking strong

[ravin146] 01/8/2014 15:55

Yep good to see a dividend stock. Will help investment from pension funds. May see another lift on the price as investors jump in before the share merger. Who knows what the market will value the stock as a whole!

[davdreamer] 31/7/2014 13:51

thankyou smicker, that will be nice to have in the future

[smicker] 31/7/2014 13:31

Found it

"Dixons Carphone intends to adopt a dividend policy in line with Carphone's current dividend policy of 3.0x dividend cover based on Headline Earnings. The exchange ratio of the Merger has been determined on the basis that no dividend will be payable by either of Carphone or Dixons prior to Completion, other than an ordinary course Carphone final dividend of 4 pence per Carphone Share in respect of the financial year to 29 March 2014."

hxxp://www.cpwplc.com/scripts/php/rns_viewer.php?id=21697938

[davdreamer] 31/7/2014 12:46

Is there any thoughts about a div being paid now we have a bigger company, wondered if anybody has heard anything

[aran26] 30/7/2014 19:04

What goes up must come down but I guess we are waiting to see if the platform has been raised to the 50p mark to excel us further. Only time will tell. Need the shorts to really start closing and not playing games

[bit thick] 30/7/2014 16:30

Any idea why this is dropping? 40 million shares issued is about 1% so that accounts for .5p, otherwise I'm a bit baffled.

[hmrc inspector] 28/7/2014 15:59

An 11.75 million trade just went through.

[mikepompeyfan] 28/7/2014 12:55

Anyone want to swap their dxns shares for ao. ?

Thought not !

[mikepompeyfan] 27/7/2014 18:11

Got the 7th in my diary as the first combined trading day.

[ravin146] 27/7/2014 17:48

53p is the barrier not 50p...next week be important to see if this momentum continues as the market build up to the run of of the merger daye in a fortnight. Is it 6th of August that the shares will merge? Real value here and I can see 60p/equivalent combined share value by sept

[mikepompeyfan] 26/7/2014 14:09

Combined eps of say 23p = almost 8p a share. About 1.2p dividend per current dxns share held according to my rough calcs.

[bit thick] 26/7/2014 14:04

I think the figure is 30% of earnings will be paid out as dividends. Onwards and upwards!

[undervaluedassets] 25/7/2014 14:34

long way to go on this one.

Both great British companies/brands.

[mikepompeyfan] 25/7/2014 14:11

Looks to me like the consolidation phase has ended and all those broker forecasts around the 60p mark are about to be fullfilled :-)





Fingers crossed !

[smicker] 25/7/2014 13:41

Gerd,
I read comment on it somewhere but its not in any of the RNS' from the company. I was sure they had given an indication as a percentage of earnings but i cant find it