Kesa Electricals Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9661558
"As opposed to the market share gains achieved by Dixons in the UK Kesa Electricals unveiled a weak fourth quarter trading update, analysts at Nomura write this morning. In particular they highlight the weaker than expected gross margin figures and the weaker than expected pace of growth in LFL sales at its ‘developing businesses.’ On the other hand, LFL sales remained strong at its other established businesses (+6.2%). In their own words, “In our view, the weak 4Q trading shows that the pace of initiatives undertaken by Kesa (including roll-out of the Darty concept, development of multi-channel sales and cost savings) have not been enough to offset the weak macro and competitive pressures.”

The broker has retained its neutral rating on the stock given the sharp price decline, but reduces its target to 62p, which translates to approximately 9 times our fiscal year 2013 earnings per share forecast of 8.2, from 90p."

nk By nk1999 ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9661558&action=detail Sat, 19 May 2012 15:27:00 GMT nk1999 tag:iii.co.uk,2003:tst.9358689 TOBY GREEN TUESDAY 28 FEBRUARY 2012
http://ind.pn/zYWyl3 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9358689&action=detail Tue, 28 Feb 2012 05:23:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9358660 By Bryce Elder
http://on.ft.com/zUoZYR By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9358660&action=detail Tue, 28 Feb 2012 05:03:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9272177 TOBY GREEN FRIDAY 10 FEBRUARY 2012
http://ind.pn/xlqdeO By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9272177&action=detail Thu, 09 Feb 2012 23:07:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9271940 By GEOFF FOSTER
10:12 PM on 9th February 2012
http://bit.ly/AEDZYI By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9271940&action=detail Thu, 09 Feb 2012 21:25:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9247346 5:59PM GMT 03 Feb 2012
http://tgr.ph/whyJdb By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9247346&action=detail Fri, 03 Feb 2012 20:25:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9219824 By GEOFF FOSTER
27th January 2012
http://bit.ly/wxrvKN By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9219824&action=detail Fri, 27 Jan 2012 20:39:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9188250 January 20. at 11:50 am
http://bit.ly/xsPzGT By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9188250&action=detail Fri, 20 Jan 2012 11:16:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9183306 January 19. at 12:53 pm
http://bit.ly/wshTJ0 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9183306&action=detail Thu, 19 Jan 2012 12:10:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9180144 By Bryce Elder
http://on.ft.com/zMMlqL By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9180144&action=detail Wed, 18 Jan 2012 19:52:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9120278
Good opportunity, looking to buy back in after doing a little more research on Comets sold status etc. DYOR.

http://uk.finance.yahoo.com/news/microsoft-sues-uk-retailer-selling-123517240.html

(Reuters) - Microsoft Corp said it is suing Britain's second-largest electronics dealer Comet Group Plc for allegedly creating and selling "counterfeit" CDs of its flagship Windows operating system.
In a statement on its website, Microsoft said the retailer created more than 94,000 sets of Windows Vista and XP recovery CDs and sold them to customers buying Windows-loaded PCs and laptops.
Comet is owned by French retail conglomerate Kesa Electricals but is in the process of being sold to private equity group OpCapita.
A Kesa spokesman told Reuters that Comet was providing the disks as a service to its customers.
Consumers buying PCs or laptops could create their own recovery CDs but many did not, and faced problems when their computers failed, he said.
The recovery disks used to be provided by Microsoft or the PC maker but they stopped doing that in 2007, the spokesman said.
Comet believes the supply of the recovery CDs was in the best interests of its customers and "has a good sense of its claim and will defend its position vigorously," he said.
Kesa shares were down 5 percent at 68.15 pence at 1153 GMT on the London Stock Exchange on Wednesday.
(Reporting by Himank Sharma and Tresa Sherin Morera in Bangalore; Editing by Maju Samuel) By Raz123 ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9120278&action=detail Wed, 04 Jan 2012 12:13:00 GMT Raz123 tag:iii.co.uk,2003:tst.9049011 http://bit.ly/t5DlVi

Broker Views:

Kesa Electricals: Societe Generale upgraded the stock to “Hold” and increased the target price to 84.00p

AstraZeneca: Swedbank upgraded the stock to “Neutral” and increased the target price to 2887.65p

Altona Energy: Evolution Securities maintained a “Buy” rating on the stock, with a target price of 35.00p

Sylvania Platinum Ltd: Ambrian Partners Ltd maintained a “Buy” rating on the stock, with a target price of 60.00p

Cyril Sweett Group: Arbuthnot Securities maintained a “Buy” rating on the stock, with a target price of 45.00p

GKN: Credit Suisse downgraded the stock to “Neutral” and decreased the target price to 205.00p By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9049011&action=detail Fri, 09 Dec 2011 06:28:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9043364 Poor Comet was smashed because Osborne had started cost savings close on two years ago.
The French are just starting and so a bleak future for them means there is no chance for them to grow revenue or profits.
Year end results are going to be bleak and the divi will probably be the last.
I cannot see a silver lining for large capital expenditure groups.
DXNS will escape as the opposition is no longer there and they have moved the shopping experience on to a new scale. By HOWRAH ]]> http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=9043364&action=detail Wed, 07 Dec 2011 17:57:00 GMT HOWRAH tag:iii.co.uk,2003:tst.8932527 http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=8932527&action=detail Thu, 10 Nov 2011 10:24:00 GMT Blowfly tag:iii.co.uk,2003:tst.8932499 http://www.iii.co.uk/investment/detail?code=cotn:KESA.L&display=discussion&id=8932499&action=detail Thu, 10 Nov 2011 10:21:00 GMT Blowfly