So DSGI )PC World, Dixons etc etc) took a dive last week on the 'poor results'. However it now appears to be rising quite fast and some Investment company in the US has bought 2.4% of the company since December. Anyone know who Spruce Investment are? Have they got a history of picking good recovery stock?

Effectively they are certainly bust.

Just because they are feature on the high street doesn't mean that they can't go bust.

The market is punishing these again today when will it end..?

Down 25% they are in big trouble how are they going to pay their rent next month...

Dsgi will follow suit like jessops down to 3p.

I agree they are practically worthless like Woolworths who will rescue them now.

with the xmas rush for shoppers looking even gloomier then DSG will go bust and lower than wlw, as no buyers will take on 300 outlets.

RESEARCH ALERT-Nomura raises DSG to buy




Dec 10 (Reuters) - Nomura upgraded DSG International , Europe's
second-largest electrical goods retailer, to "buy" from "neutral", citing
significant upside potential.
The company is currently priced to fail, the brokerage said in a note to
clients, a probability that it sees as overstated.
The share price suggests the market believes DSG may not be able to trade
through the peak Christmas period and into 2009, Nomura said. DSG shares have
fallen nearly 90 percent in the past year.
Though the business is currently stretched, it has several strategic
options available that would allow it to trade through the peak season and
continue with its renewal and transformation plan through next year, Nomura
said.
"DSG has a number of strategic options, including disposals which could
help to raise cash, pay down debt and increase headroom versus covenants," the
brokerage said.
Execution of the plan will be key as the market continues to deteriorate
because a failure to execute effectively could see further downside risk, Nomura
wrote.
The problem for DSG is that in shareholders' best interests it may need
to dispose of non-core assets or businesses for the core operations to remain
viable in the current economic slowdown, it said.
Nomura cut its price target on the stock to 38 pence from 50 pence.
Shares of the company were up 10 percent at 14 pence at 0955 GMT on Wednesday
the London Stock Exchange.

mitzy, shadow, blackdown;

you talk utter rubbish !
its doubled since you all spouted;
comparing DGSI with Woolies or Jessops, just shows your lack of knowledge.
LOL !

The problem many non-food outlets have is the inability to drive customers into the store.
One remedy would be to create a Cafe-culture so you go there to be entertained, buy a light lunch and see the latest electrical goods. If you are interested in a computer, say then you can go to the computer-event later in the day.
Clearly shops have no desire to change their minds - since, such a move would reduce selling-space, but IMHO that's not the figure to look at.
In a downturn, it is head-good contact - if you triple the number of visitors, you can afford to reduce the product-lines. Incidently a cull of their slower-selling products would help, allowing them to concentrate on models with "extra features"
. . . . sadly, few retailers have any idea how to sell a technical product. . . . the ability to read the card on the product appears to be all that constitutes "help". These retailers don't deserve to survive.

The situation now is that no-one "needs" a new xxx. Look at your own situation....unless xxxbreaks down, you don't need a new one. This applies to TV, dvd players, irons, washing machines, or freezers. What is surprising is that so many folk would crowd into these stores and buy a replacement for qa xxxx that was working perfetly well.
+Add to that they bought a worthless "Guarantee" that represented about 25% of the purchase price - a practice that endures.
Why is DGSI any different?
The sp tells it all.

where are those clueless dudes, do they only post when the sp is going down !

Shares are rising today on news of PCWorld and CurrysDigital combining stores to one shop and newer format shops rolling out.
google it, all the info is there today.

MACD about to cross over -

Buy -

MACD about to cross over -

Buy -

N1
i do hope MACD does cross over, my own experience is that such anticipating often leads to disaster, why not wait until it actually does happen? just my opinion.
regards to you
jkd

'MACD about to cross over - Buy' = Dangerous assumption

MACD below the centreline, suggest you wait until it gets into positive territory, might miss the bottom (ish) better than catching a falling knife. SP still in a downtrend.

Ultimately, the MACD measures momentum. Its buy signals accompany strong uptrends, while its sell signals are given not when prices actually begin to decline but when the rate of their upward climb slows. This highlights two disadvantages to the indicator: First, its lag means you will miss the early part of any major move, since by the time it's identified the move will be well under way, and second, the sell signals tend to be early, forcing you to exit prematurely.

Personally I think MACD is best used to spot divergence. If you try to use the MAs to catch a falling knife, most of the time that is exactly what you will do. It's a lagging indicator and the MAs or Histo are not giving much clue to future SP performance. If you're basing a trade on 'thinking' the MAs are going to cross you might as well just look at the SP and make a decision as to if it has gone down far enough or up too far.

Nearly there

Yep, and the SP is going sideways, you gonna buy when it crosses up?