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Dixons (DXNS)     

markmth - 16 Jun 2003 10:29

Have been thinking of reinvesting in this share,
7 out of 11 brokers have it at buy, currently @ 108
seems a safe bet.........any thoughts?????

stockbunny - 24 Mar 2005 12:03 - 13 of 14

DXNS wont get by unscathed obviously by a turn-down in the
areas that either Comet (kesa) or Jessops operate in, however
IMO there is a fundamential difference with DXNS.

DXNS group consists of Dixons and Currys stores, PC World,
The Link and other interests abroad. This spreads their exposure
in a way I would suggest the others cannot manage. Down-turns in
one or two areas wont help, but the spread will help from mobile
phones to computers to dish-washers to TV's to digi cameras to PS2's.
Their size, I would have thought will give them some 'insulation'.
But this is personal opinion and the old thing of DYOR applies.
:>)

compoundup - 24 May 2005 12:29 - 14 of 14

I like:- The divi & cover, the cash-flow & buy-backs
I dislike:- the high street overheads and the aspects covered by Scrip above

I'd be inclined to short at current levels (150p) but am wary of the 11% holding by Capital Group Companies Inc. and recent analyst comment that the likes of Home Depot would consider Dixons an ideal vehicle for extending their expansion outside the US.
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