Kesa Electricals Share Discussion Threads

[maywillow] 18/11/2003 15:42

Dixons was another faller, down 1-1/2 pence at 133 after an in-line trading
statement from the electronics retailer showing like-for-like sales up 1 pct, with its core UK market flat.

While analysts saw nothing materially new in Dixons' statement, worries over Christmas demand for big ticket items led Panmure to cut its valuation and Merrill Lynch to repeat its 'sell' advice.

[maywillow] 18/11/2003 07:37

LONDON (AFX) - Dixons Group PLC said group sales for the 28 weeks to Nov 15,
which includes UniEuro for the first time, were 20 pct ahead year-on-year, and
grew by 1 pct on a like-for-like basis.
In a statement, the company said like-for-like sales were level in the UK
while international like-for-like sales grew by 3 pct.
Gross margins were slightly ahead a year ago.
Group chief executive, John Clare said: "Performance for the period is in
line with management expectations. Given that the group is about to enter its
most significant sales period, it is premature to extrapolate trends for the
balance of the year."
[e-mail]
ra

[waldron] 18/11/2003 07:05

RNS Number:1721S
Dixons Group PLC
18 November 2003

PR105 /03
Strictly embargoed: for use after 07.00 hours
Tuesday 18 November

DIXONS GROUP PLC PRE CLOSE UPDATE

Dixons Group is today updating analysts ahead of its close period.

Group retail sales for the 28 weeks to 15 November 2003, which this year include
UniEuro for the first time, were 20% ahead of the same period last year and grew
by 1% on a like for like basis. Like for like sales were level in the UK while
international like for like sales grew by 3%.

Gross margins were slightly ahead of the same period a year ago.

Commenting on first half performance, Dixons Group chief executive, John Clare,
said:

"Performance for the period is in line with management expectations. Given that
the Group is about to enter its most significant sales period, it is premature
to extrapolate trends for the balance of the year."

ends

[waldron] 12/11/2003 06:50

Extract from Advfn News Bulletin



Dixons was leading the FTSE 100 fallers, down 5 pence to 137. The stock was also pressured by speculation that the Competition Commission could be set to publish its report into extended warranties this week.

[maywillow] 07/11/2003 18:56

Still banging up against its resistence level and closing at 244p.

[maywillow] 31/10/2003 19:13

Did we end the week at 244p?

[waldron] 31/10/2003 07:10

DUESSELDORF (AFX) - Metro AG said third quarter operating profit (EBIT) rose
to 211.3 mln eur from 188 mln last year.
Sales in the quarter jumped to 12.804 bln eur from 12.361 bln, while net
profit before minority interests rose to 71.4 mln from 66.3 mln in the third
quarter of 2002.
The results were broadly in line with expectations. Analysts polled by AFX
News had forecasting EBIT of 188-215 mln eur, sales of 12.71-13.01 bln, and net
of 67-80 mln.
Releasing its results at its headquarters in Duesseldorf, Metro also
confirmed it is no longer seeking to sell its real estate assets, valued at 3-4
bln eur.
The assets are held in off-balance sheet company AIB, in which Westdeutsche
Landesbank has a 51 pct stake. Metro said it will negotiate with the bank to
take a controlling stake in AIB, and then consolidate it into its balance sheet
as of Dec 31 this year.
"There will be no impact on EPS in 2003 resulting from the consolidation,"
it said.
Metro reiterated it expects full-year sales to rise at least 5.5 pct before
currency effects, and full-year net profit growth to come in at the upper end of
its forecast 6-10 pct range.
[e-mail]
mb/jsa

[maywillow] 30/10/2003 12:35

RNS Number:4874R
Kesa Electricals plc
30 October 2003


30 October, 2003

Kesa Electricals Plc

Proforma Information

Kesa Electricals Plc today announces that it has placed some proforma financial
information in relation to the 13 weeks ended 13 November 2002 and 9 months
ended 9 November 2002 in advance of the Q3 2003 trading update.

The proforma financial information may be accessed via the corporate website
www.kesaelectrials.com.

The ex-dividend date for the interim dividend is the 12 November 2003, the
record date is Friday 14 November 2003 and the Dividend date is the 12 December
2003.


Enquiries:
Abigail Irving-Bell Finsbury Limited Tel: [phone]



This information is provided by RNS
The company news service from the London Stock Exchange

END
MSCMMBTTMMTJBMJ

[dawntrader] 23/10/2003 14:18

downward move gathering pace. Down 9.5 at the moment will watch closer now, if bounces off 226 support will close short and bank the cash.

regards

[waldron] 22/10/2003 11:58

Dawn.

As far as a 4-6 weeks view.

To be true to you.

i havn't a clue.

It seems not to break the 246p and could well fall back to 226p.

If all bad news priced in,then you might see it jump through hoops.

but if it falls through the 226p support then put in the stops.

[dawntrader] 21/10/2003 16:08

Dusk,
Do you have any further comments on situation. I agree that tends to fall dawn and gain again dusk, but what of the 4 to 6 week view.??

regards
Dawn

[grupo guitarlumber] 19/10/2003 11:28

Citywire quotes from Sunday Times

* Comet, Dixons and Excel among those queuing up to buy parts of Endeva Group

[dawntrader] 17/10/2003 12:27

Well slowly heading my way, saw the link from waldron, which had another link from 18 Sep,
"
Meanwhile former Kingfisher subsidiary Kesa, which trades as Comet in the UK and Darty and BUT in France, reported first-half results below expectations, according to the Telegraph.

The stock is trading on 11 times prospective earnings and yielding 4.6%, which looks expensive compared with its peers."

I still think that any negative finding from the investigation into extended warranties could have an adverse effect on this stock, which would further compound the statement above.

regards

[maywillow] 11/10/2003 12:17

Had a blood test this morning. To make sure its still blue.


HRH maywillow de la kries

[waldron] 11/10/2003 12:02

Dawn trader

Did you ever see the movie Dusk till Dawn?

It was about Vampires. Not that i'am implying you're a Vampire.

Well, share seems to be at the top of its trading range and finds it difficult to run a stake through the heart of resistence of 239p.

With action more likely than not on Tuesday Dawn,the Kesa may slide towards
220p and come back to norm towards Dusk.

yours

Dusk Trader.

[dawntrader] 11/10/2003 10:44

Looking at this stock for a short, if as news stated on 30th September that a commission finds an issue with extended warranties, which can provide large amount of profit for this kind of stock, could cause a large drop, seem to remember that Dixons (DXNS) had a similar fall before on this type of news. Anyone have a view.?

good luck

[dawntrader] 10/10/2003 09:58

Looking at this stock for a short, if as news stated on 30th September that a commission finds an issue with extended warranties, which can provide large amount of profit for this kind of stock, could cause a large drop, seem to remember that Dixons (DXNS) had a similar fall before on this type of news. Anyone have a view.?

good luck

[grupo guitarlumber] 09/10/2003 08:18

LONDON (AFX) - Shares in Dixons could get support in opening deals after
Lehman Brothers upped its rating to 'equal-weight' from 'underweight' to reflect
its belief the group could beat market expectations in the current year.
Lehman also lifted its target price to 155 pence from 140 but remains
cautious about the group's prospects in 2004.