Hello, Share Sharpers. I wouldn’t have thought of commending Dixons Carphone (DC.) to your further inquiries before Covid. The firm has just reported a 1% improvement in revenue for its full year. Not much, you say, but you might be surprised at the underlying operating profit. That rose by more than a fifth to £262 million.
Back in March last year I observed that Dixons Carphone (DC.) shareholders should ‘at least hold on’ HERE. Given the timing, this unsurprisingly has worked well with the shares up 75% in the last fifteen months or so. Anyone who has seen the share fall to around a third of the share price five years ago may however still have a different view.
Hello, Share Shoppers. While a lot of companies have suffered from the virus, others have surprised us by rising to the challenge. One such powerhouse is Dixons Carphone (DC.). The outfit has cunningly switched some focus from stores to online sales. And not surprisingly cyber business has been soaring.
Hello Share Funsters. A nagging feeling besets me that the City underestimates the benefits of home working on the electronic gear industry. For example, I know loads of people who have bought another laptop in the last few months. That’s in case their old one breaks down while they’re doing important work conferences. And because their first computer probably isn't fast enough to deal with new communication demands...
It was three months ago or so when I last mused on these pages about Dixons Carphone (DC.) shares. Back then I concluded that 'they are probably still cheap (single digit earnings, 5%+ dividend yield) but I would understand if you think you will get more of a bargain in one of its stores on Boxing Day...'. Well I did not buy the shares (although I did get a great value coffee machine from one of its stores which - for what it is worth - has completely revolutionised my cup of Guatemala's finest). Anyhow today's announcement - as one of my Twitter correspondents noted - would be headline grabbing stuff at any other time…
Hello, Share snatchers. Some might not envy the prospects of a company that sells mobile phones and electrical gizmos these days. The perception seems to be that people are tiring of constantly changing their gadgets whenever a newer model comes along...
