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
:>)

New 12 month high today.

Morgan Stanley raised the target price to 38p this morning.

Dixons Retail Rating: Neutral Target: 27p (29%) Price: 25p

RIC: DXNS.L BBG: DXNS LN Prior: Unchanged Prior: 21p Mkt Cap: £0.90bn
EPS 04/13E: 1.2 (-7.7%)
EPS 04/14E: 1.9 (-5%)
EPS 04/15E: 2.7
Retailers, Specialty Analyst: Adam Cochrane Tel: +44-20-7567 5035

Maintain Neutral - Why Dixons is not a (Best) Buy

􀂄 Times they are a changing (for the better) Industry consolidation in European electricals is gathering pace with the recent Comet administration and
ongoing competitor exits in the Nordics and Italy. It is unclear how much Dixons has already benefitted from a weak Comet in its LFL outperformance
but we would still expect a potential £150-200m sales benefit to Dixons split between H213 and FY14. This would equate to c.3% LFL sales uplift in
H213 and 2% in FY14 and we now incorporate this into our numbers.
􀂄 Dixons is ahead of the curve compared to Best Buy and Media Markt… Best Buy and Media Markt have stronger domestic economies so Dixons
recent outperformance can be attributed to the following: 1) operational improvements in the last few years, 2) recovering from a bigger “dip” in 2008-
09 and/or 3) Dixons prices are already more aligned to the internet. The long term structural margin issues remain consistent but the short term
outlook for Dixons is preferable.
􀂄 …but finds some other potholes We expect Dixons to lose £55m between Pixmania and Southern Europe which offsets the £7m upgrade to the UK
for FY13E. We upgrade FY14E PBT by £12m or 7% primarily on a 2% increase in UK LFL. The higher European losses also weigh on the tax rate and
EPS falls by 6% and 2% in FY13E and FY14E, respectively.
􀂄 Valuation: Neutral, target price raised to 27p (from 21p) We value Dixons on a SOP basis and increase our EV/EBITDA for the UK and Nordics to
4.5x (from 4x) to reflect the better market conditions before deducting liabilities which gives our raised target price of 27p.

doodlebug, your constant ramping here their and everywhere shows you to be a non likeable character. I wouldnt trust you as far as I could spit never mind --ss.

And yes I saw your comment re- to me on cokneys den your master the pleb that you are. Crawl back to your master and take this note with you.

FILTERED

OTHERS BEWARE.

I've posted on this thread six times since 5th October so I would hardly class that as ramping. And I only post on one other bulletin board,which is ADVFN - as doodlebug. You haven't changed your colours in the last ten years. Why don't you take some Lithium and lie in a dark room for a couple of days. I really can't be bothered with you Goldfinger, just stay off my threads and I'll stay off yours. Thanks.

Yes he reported back to his master......


doodlebug4 22 Nov'12 - 21:06 - 137440 of 137444 0 0

CR I thought you might find this mildly amusing. I also post on an ADVFN competitor and posted the broker upgrade for Dixons today on the DXNS thread. I think I have perhaps posted about six times in the last couple of months on that thread - hardly ramping! Anyway he's asked that I bring this to your attention, so I have!:-)

"goldfinger- 22 Nov 2012 17:00 - 73 of 73

doodlebug, your constant ramping here their and everywhere shows you to be a non likeable character. I wouldnt trust you as far as I could spit never mind --ss.

And yes I saw your comment re- to me on cokneys den your master the pleb that you are. Crawl back to your master and take this note with you.

FILTERED

OTHERS BEWARE."... ends.

Talk about lemmings, jesus the posters on that thread (bar 3) cant even think for themselves let alone trade for themselves.

Ive filtered cockneys pleb on advfn aswel.

Havent time for scum like that.

Skinny chart looks like a breakout from a pennant pattern. 2 differing opinions from 2 brokers.

Must say tomorrow could be a key day if it breaks out. Might go long myself.

can we steer clear of any personla name calling please?

Thank you

Ian

Yes fine Ian sorry but I dont think posters should be posting my personal details ie name from twitter on a thread or board (advfn) where malicious types can trace my home and threaten my security and that of my family.

I really should have reported the matter to advfn abuse but Im not the type to try and get some one banned.

Matter over.

The statement tomorrow is not going to be pretty in the short term, but I think the current SP reflects that. Sales over the Christmas period and the next few months will reflect where this company is going in the future.

Goldfinger - for your information I am not the least bit interested in twitter and I am not the least bit interested in your "personal details". If you have problems with any comments on another bulletin board you should keep your remarks to that bulletin board and you should keep your personal vendettas off moneyam.

Thank you Ian.

Half Yearly Report

Key Highlights

· Encouraging start to the year with Group like for like sales(1) up 3% in the first half.
· Good improvement in Group EBIT(7), up by £5.1million.
· UK & Ireland returning to first half profitability, for the first time in five years.
· Group multi-channel sales up 29% and up 38% in Currys & PC World.
· On track to reduce costs by £90 million over two years.
· Day to day control of PIXmania taken, with decisive actions to improve its poor performance already underway.
· Strong cash generation and reduction in net debt.
· Good early progress on our three strategic priorities.

TAke your pick.


Espirito Santo Execution Noble Buy 25.86 26.05 25.00 25.00 Reiterates

Panmure Gordon Buy 25.83 28.00 32.00 Reiterates

WH Ireland Securities Buy 25.83 30.00 Reiterates

Seymour Pierce Buy 25.83 26.00 34.00 Reiterates

Oriel Securities Hold 25.86 26.05 17.00 17.00 Reiterates

Morgan Stanley target 38p

http://www.express.co.uk/posts/view/361556/Comet-s-woes-aid-dixons

Looking at 30p.

a true story ..... the other day i went into duty free at heathrow as my son wanted a specific camera ..... i had already done my homework and established that i could buy on line at £304 ..... dixons duty free were demanding either £458 or £498 (!!) - i can't remember which

so i go to a good retail camera shop in miami ..... shelf price was $529 (approx £325), but when i mentioned that i could buy it cheaper in uk, the manager immediately offered me a price of $449 (£275), which of course i accepted

lots of useful conclusions can therefore be drawn and lessons learned by uk retailers!

Dixons should issue an update soon. I think the guy who bought 1.5 mln at 28.36 yesterday had good reason to buy.

Ahoj - 17th - next Thursday.

Vidacos Nominees > 6%

What does that mean?
Are there in private/small shareholders accounts?