This seems a bit odd - can anyone shed light on this?
Dixons have no trades showing on DXNS has the epic changed or something?
Cheers for any input
:>)

What the brokers say......

Dixons Retail PLC

FORECASTS 2014 2015
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p
)
Cantor Fitzgerald Europe
29-10-13 BUY
Exane BNP Paribas
29-10-13 HOLD 161.00 2.96 183.00 3.47
Numis Securities Ltd
28-10-13 HOLD 160.00 3.00 185.00 3.50
W H Ireland Ltd
25-10-13 BUY 130.20 2.00 179.20 3.20
Westhouse Securities
24-10-13 BUY
Panmure Gordon [R]
03-09-13 BUY 85.00 1.06 122.00 2.08

2014 2015
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 150.60 2.98 182.49 3.47
1 Month Change 2.23 0.37 2.62 0.07
3 Month Change 22.10 0.98 19.77 0.47


GROWTH
2013 (A) 2014 (E) 2015 (E)

Norm. EPS 61.69% 26.34% 16.42%
DPS % % %

INVESTMENT RATIOS
2013 (A) 2014 (E) 2015 (E)

EBITDA £196.10m £338.72m £370.74m
EBIT £191.90m £203.42m £225.84m
Dividend Yield 0.00% % %
Dividend Cover x x x
PER 20.78x 16.45x 14.13x
PEG 0.34f 0.62f 0.86f
Net Asset Value PS -17.15p 6.90p 10.20p

Completion of sale of Electroworld

COMPLETION OFSALE OF ELECTROWORLD OPERATIONS IN TURKEY

Dixons Retail plc ("Dixons Retail"), Europe's leading specialist multi-channel electrical retailing and services company, today announces that it has completed the sale of its ElectroWorld operations to Bimeks, one of the leading electrical specialist retailers in Turkey. The transaction, first announced in September, will see all 32 ElectroWorld stores, including 18 franchise stores pass to Bimeks.

Commenting on the sale, Sebastian James, Dixons Retail Group Chief Executive, said:
"I'm delighted to have completed this sale so quickly, ensuring a smooth transition for our colleagues and for both businesses. The combined group has an exciting future and I know that it will continue to flourish with an improved geographical spread of stores across Turkey. For Dixons, this is the first of three important strategic transactions streamlining our Group. By focusing on markets where we have leading multi-channel operations, we will be able to drive even better value for our customers."

Commenting on the deal, Murat Akgiray, the Founder and Chairman of Bimeks, said:
"I am thrilled today to have successfully completed one of the fastest and largest corporate acquisitions in the Turkish electronic retail market. I would like to personally thank all Bimeks, ElectroWorld, and Dixons Retail staff who worked extremely hard to make this happen. I strongly believe that ElectroWorld's store network and product portfolio complement those of Bimeks very well. The new Bimeks group incorporating ElectroWorld is more dedicated than ever to providing our customers with excellent service and deals and to continue to grow on the path to becoming the leading electronic retailer in Turkey."

Broker note out.....

13 Nov 2013 Dixons Retail PLc DXNS Citigroup Buy 0.00 46.93 58.00 60.00 Reiterates

SP TARGET 60p.

49.64p is the 12 month high.

A new multi year closing high @49.50p

Ten bob touched.

17 Dec 2013 Interim Results

Financial calendar

Tameside MBC re Greater Manchester Pension Fund < 5%

51.20p - new high.

Completion of Transaction

DIXONS RETAIL PLC
COMPLETION OF TRANSACTION BETWEEN UNIEURO AND MARCO POLO IN ITALY

Dixons Retail plc ("Dixons Retail"), Europe's leading specialist multi-channel electrical retailing and services company, today announces that the transaction to form a holding company owning both Unieuro S.p.A ("Unieuro") and Marco Polo has now completed. As announced in October, this deal brings together two leading specialist electrical retailers in Italy, creating a combined portfolio of 173 stores comprising wholly-owned stores and a number of franchise partners.

12 Dec 2013 Dixons Retail PLc DXNS Investec Buy 51.10 51.40 - 60.00 Resumes

SP TARGET 60p

Dixons profits set to quadruple as sales of tablet computers rocket

Electrical giant Dixons Retail, which owns Currys and PC World, is expected to report this week that UK profits quadrupled to £22million in the six months to the end of October.

The results have been driven by the explosion of tablet computers and augur well for a strong performance in the sector at Christmas.

Shoppers are set to buy up to three million tablets at various retailers this Christmas. The volume of sales – with one being sold every two seconds – has soared as retailers have launched their own cheap models.

Half Yearly report

KEY HIGHLIGHTS
· Encouraging first half with Group like for like sales(3) up 6%.
· Improved profitability with Underlying Group EBIT(6) up 52% to £48.1 million.
- UK & Ireland delivered a strong performance, with underlying operating profits up five-fold to £31.4 million.
- Northern Europe continues to perform well in competitive markets, delivering an underlying operating profit of £45.5 million.
· Good cash generation, achieving net cash of £55.4 million compared to a net debt position of £21.9 million in the first half of last year.
· Excellent progress made on the strategic goal to focus on our leading market positions:
- Completed the disposals of Electroworld operations in Turkey and Unieuro in Italy.
- Completion of the disposal of PIXmania expected by the end of December.
· On track to reduce costs by our targeted £45 million in the current year.
· Return on Capital Employed(8) in the 12 months to 31 October 2013 has improved to 15.6%, up from the 11.6% reported at 30 April 2013.

FINANCIAL HIGHLIGHTS
· Total Underlying Group sales(1) of £3.43 billion (2012/13(2) £3.20 billion), up 5% on a currency neutral basis.
· Underlying(1) Group gross margins down 0.6%.
· Underlying pre-tax profit(1) of £30.2 million (2012/13(2) £14.0 million).
- Total profit before tax from continuing operations of £22.7 million (2012/13(2) £0.6 million), after net non-underlying charges of £7.5 million.

· Underlying diluted earnings per share(1) of 0.5 pence (2012/13(2) 0.2 pence). Basic earnings per share for continuing operations of 0.3 pence (2012/13(2) nil pence).
· Total loss after tax, including the discontinued operations of Electroworld Turkey, Unieuro and PIXmania, of £83.5 million (2012/13 £101.0 million).

Dixons tops profit forecasts on strong UK

17 Dec 2013 - 07:53
LONDON, Dec 17 (Reuters) - Dixons Retail , Europe's No. 2 electricals retailer, beat forecasts as underlying first half profit more than doubled on the back of sales growth in Britain driven by robust demand for tablet computers. Shares in Dixons have increased 81 percent so far this year as it has increasingly focused on markets where it has a leading "multi-channel" position with a combined stores and internet business. Over the last six months the firm has offloaded the loss-making e-commerce business PIXmania and operations in Turkey and partially exited Italy. [ID:nL6N0H10LC] [ID:nL6N0I027N] The group, home to the Currys and PC World chains in Britain, Elkjop in Nordic countries and Kotsovolos in Greece, said on Tuesday it made an underlying pretax profit of 30.2 million pounds ($49.22 million) in the six months to Oct. 31. That compares with analyst forecasts of 20-26 million pounds and 14 million pounds in the previous year. Total underlying group sales were 3.43 billion pounds, up 5 percent on a constant currency basis, while sales at stores open over a year rose 6 percent. Like-for-like sales in the UK & Ireland increased 9 percent. Across Europe many store groups are still struggling as government efforts to bring down national debts reduce consumers' disposable incomes. Electrical retailers have been particularly exposed because they sell discretionary goods and face intense competition from supermarkets and internet giants like Amazon and eBay . But in Britain, its biggest market, Dixons has benefited from a tablets boom, as well as the demise of rival Comet and problems at Jessops and HMV. It has also been cutting costs, revamping stores and seeking to improve products, prices and customer service. "We remain cautious about the outlook for consumers in our markets; very strong trading this time last year, together with the fact that we have now annualised Comet’s exit makes the second half more challenging," said Chief Executive Seb James. Dixons shares closed at 51.3 pence on Monday, valuing the business at 1.9 billion pounds. ($1 = 0.6136 British pounds) (Reporting by James Davey; editing by Neil Maidment) ((james.davey@thomsonreuters.com)(+44 20 7542 7674)(Reuters Messaging: james.davey.thomsonreuters.com@reuters.net)) Keywords: DIXONS RESULTS/

Cantor Fitzgerald Buy 49.90 50.00 60.00 Reiterates

UPGRADE.............

RESEARCH ALERT-Dixons Retail: Cantor Fitzgerald raises target price

17 Dec 2013 - 08:04
Dec 17 (Reuters) - Dixons Retail PLC : * Cantor Fitzgerald raises target price to 60p from 50p; rating buy For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on [RCH/EUROPE] Reuters 3000Xtra users, double-click [RCH/EUROPE] Thomson ONE users, type in RT/RCH/EUROPE ((nyc.equities.newsroom@reuters.com); (Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net) ((Bangalore Newsroom +91 80 6749 1130; within U.S. +1 646 223 8780))

Investec Buy 49.97 60.00 62.00 Resumes

Prime Markets Buy 49.94 55.00 55.00 Reiterates

DIXONS RETAIL BROKER VIEWS

Date Broker Recommendation Price Old target price New target price Notes

17 Dec Prime Markets Buy 49.74 55.00 55.00 Reiterates
17 Dec Investec Buy 49.74 60.00 62.00 Reiterates
17 Dec Cantor Fitzgerald Buy 49.74 50.00 60.00 Reiterates

Deutsche Bank Buy 48.73 48.73 60.00 60.00 Reiterates