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
:>)

Thanks partridge! :>)

Looks like good 'ol Dixons is back!

The rise since Sept10, looks like it anticipated good times - and the v.recent Snow has dragged sp down to 23p again. Oh deary.
EDIT-(13Jan2011)-10% Down on official Xmas trades. Probably abt. right.

Sub 20p now, thinking about a purchase now.
2517

Market cap around 700m, could they be a take over candidate? I'm not in yet. but seriously thinking about it (still).
2517

Will this stock turn round with all the shorting at the moment

Who will go first
DXNS
YELL
HMV

Yell is favourite

Dixons Retail sales slide accelerates in second half-year
StockMarketWire.com
Electrical retailer Dixons Retail said today underlying total and like for like sales were down 2% in the full year to end-April and down 4% in the second half. The group delivered 50m of cost savings in the full year.

Dixons said businesses were performing ahead of their markets, particularly in the UK, Nordics, Italy and Greece.

60 Megastores are now open across the Group with average annual sales of 20m.

Dixons said new format stores were delivering consistent gross profit uplifts across the Group.

Given the ongoing shift to multi-channel - pure play e-commerce sales were down 9% while multi-channel internet sales were up by 12% across the Group in the full year.

Group Gross margins were flat in the second half, with gross margins in the full year up 0.1%.

Underlying Group profit before tax is expected to be approximately 85m, in line with previous guidance.

Year end net debt is expected to be approximately 220m.

John Browett, CEO, commented: 'Market conditions have been challenging in many of our markets this year. Our businesses have responded to our customers needs enabling them to improve their market positions, particularly in the UK, Nordics, Greece and Italy. Our focus on Value, Choice and particularly on Service have been at the heart of this delivery.

'With challenging economic headwinds continuing for many of our customers, we remain cautious on the outlook for the year ahead. Having had a strong World Cup performance as well as the exclusivity of the iPad last year, we have tough comparables ahead. However, through our Renewal & Transformation plans, our businesses are well placed to emerge from the current weak consumer environments ahead of our competitors.

'Having made further good progress on the Renewal & Transformation plan, we continue to deliver significant improvements for our customers, notably this year through the launch of our service brand KNOWHOW, but also through our improved shopping trip and refitting of stores, particularly in the UK. We will continue to lead the market in delivering a better shopping trip for customers and stronger business performance for shareholders.'

Dixons Retail will announce preliminary results for the year ended 30th April 2011 on 23rd June 2011.



Story provided by StockMarketWire.com

Final Results on the 23rd, I believe.

Dixon's are in a downward trend with little chance of any upside during the summer months sales. I see this stock falling to single figures.

SALE & LEASEBACK OF SWEDISH WAREHOUSE

Dixons Retail plc, Europe's largest specialist electrical retailer and services company announces that it has today exchanged contracts with a syndicate of investors advised by Ness, Risan and Partners AS for the sale and leaseback of its Nordic distribution centre in Jonkoping, Sweden.

The sale and leaseback is expected to be completed on 23 June 2011 and the total cash consideration payable on completion is expected to be approximately SEK600 million (GBP59 million). The estimated book value of the property as at 30 May 2011 was SEK 214.5 million (approximately GBP21 million).

Down 11% on the back of HOME update today. They have final results on the 23rd - wow betide the share price if they are below expectations.

Suspension looming maybe

A month ago I thought they looked a speculative buy! Unfortunatley I can't short them.

Why skinny

CMC don't carry it.

Right. Skinny this maybe a dumb question but if UK interest rates are increased do stock go up or down in general. Thank's

Yes! I hope that helps :-)

It will when they go up. Thank's