Dixons carphone interims

[daveh]

Can be found here:

www.investegate.co.uk/article.aspx?id=2 ... 7713R&fe=1


Highlights: Interim results for the 26 weeks ended 29 October 2016*

• Group H1 like-for-like revenue(3) up 4%; Q2 like-for-like up 4%; statutory revenue for H1 up 11%
• Market share gains across all markets
• Group Headline PBT(1) of £144 million (2015/16: £121 million), up 19%
• Group Headline EBIT(1) of £153 million (2015/16: £135 million)
• Group Headline basic EPS(1) from continuing operations 10.9p (2015/16: 7.5p)
• Statutory profit before tax of £104 million (2015/16: £78 million) after non-Headline charges of £40 million (2015/16: £43 million), statutory basic EPS of 8.1p (2015/16: 4.8p)
• Interim dividend of 3.5p, payable in January 2017, an increase of 8%
• Free cash flow(8) of £65 million (2015/16: £64 million) and net debt of £285 million (2015/16: £378 million)
• CWS: Announcement of connected home partnership with SSE

Dividends

The Board has declared an interim dividend of 3.5p per share, up from 3.25p per share last year. The ex-dividend date is 29 December 2016, with a record date of 30 December 2016 and an intended payment date of 27 January 2017.


I hold from the old Dixons days. First purchased in 2006. I'm sitting on a 50% loss including dividends. A very poor dividend history paying me £111 in 06; £257 in 07; £162 in 08; then £000 until £49 in 15 and £56 this year. I expect ~£60 next year, so still less than a qtr of what it paid at its peak and over 55% down in capital terms.

[pendas]

I started purchasing around the same time with the first tranche in Dec 2005. I was probably following one of Pyad's HYP portfolios at the time. I sold out in 2014 after losing patience and money.

[Markblox]

I hold from the old Dixons days. First purchased in 2006. I'm sitting on a 50% loss including dividends. A very poor dividend history paying me £111 in 06; £257 in 07; £162 in 08; then £000 until £49 in 15 and £56 this year. I expect ~£60 next year, so still less than a qtr of what it paid at its peak and over 55% down in capital terms.

I first bought Aug 08 at £1.72, had a bad feeling very soon after but stuck with it and within a year took up the rights at 14p. Currently showing a 45% loss after dividends received. I suppose that's why we diversify! I'll probably keep them for a while yet but won't be adding to them any time soon.

[Deev8]

I first bought Dixons in 2003, and topped-up a couple of times over the next two or three years. In capital terms I am down by around 60%. The annual rate of return is around a negative 4% due to significant dividend received in the earlier years.

Dave

[GeoffF100]

I bought in 2005. Down 44%, but I will have got some dividends to offset that. You win some, you lose some. It it still possible that they will eventually recover.