UK 22:08 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
As I noted back in early November, “even if you don’t need a new mobile, laptop, fridge or another electrical good, shares in Currys (CURY) still look cheap to me”. Back then they were kicking around the 45p level and, after today's first half update, they are at a 50p share price despite observing that it is a “tough environment”.
I got an email from Currys (CURY) earlier this morning telling me that today is “Black Fridaaaaaaaay!”. I am sure some of you experts will know what that means but, to me, it looked as if it was trying to get me to buy a new computer, mobile or some other electronic good, which is its job I guess.
I don’t need a new computer at the moment but when I buy my next one I am pretty sure that I will use Currys (CURY). A couple of months ago, I shared why I thought it was smart to copy the move of Fraser Group (FRAS) and buy shares in Currys at the then just below 50p level. How is that getting along?
The audited results for its year ended 29 April 2023 from Currys (CURY) this morning have hardly pleased the market, taking the shares back to levels not seen since the dodgy world of 2008-2009. Am I wrong to think the stock is worth 80p plus a share, or am I missing something mega (beyond an obviously mixed consumer, who purchased a bunch of new TVs, dishwashers and computers during the lockdown)?
I probably bored you all earlier this week by saying (again) that Currys (CURY) is so much a better company than AO World (AO.). We will see whether that was smart or excessively reflective of my own personal computer kit purchasing preference over the next year or so. You may recall that - in addition to its somewhat mixed UK business - AO World has exited stage left from its always loss-making German business. By contrast, Currys has been historically alright at managing its non-UK business in places like Sweden and Greece. And now we can welcome Cyprus…
Hello Share Seers. I’ve not recommended Currys (CURY) before and these strange times don’t usually warrant a recommendation for retailers. Nevertheless, I like Currys and a lot of other folks seem to as well, and so the stores should still do ok despite the rising cost of living. The truth is that people like their laptops, speakers and tellies and there aren't so many other sellers of these technological winners around these days. Some have gone belly up.
As I said five months ago, “Currys (CURY) is not AO World (AO.) (thankfully)” but, judging by its interim results today, the former still has a few worries to deal with.
Back in January I wrote that “if you see Currys (CURY) shares at or below 100p…then buy them!”. A month or so later I did buy a few at about a 90p level. Naturally that has not worked despite the company being a thousand times better than AO World (AO.), something I am sure all you long/short investors would have observed. Still - on the former - it was good to see today’s full year numbers observing “a stronger Currys, doing more to help customers”, along with profit, free cash flow and negligible debt (in complete contrast to AO World naturally). However, naturally also, prospects for the year to April 2023 are somewhat lower than the year being reported on.
About a month ago (here) I wrote about Currys (CURY), observing that ‘if I see the stock below a quid then I will probably buy some’. Back then the stock was between 110-115p and today it is more like 107p. So what did today’s ‘trading update for 10 weeks ended 8 January 2022’ say?
