TSM are partnering with one of the biggest retailers in Europe. The fact that the Carphone Warehouse deal is happening demonstrates their competency.
They are spending the money on systems and staff to do the job correctly.
Also this is not just about the Dixons deals, it's about demonstrating that the company can successfully provide financial services to multi billion pound companies, which will open further deals.
Ned knows how to succeed and is being ambitious, holders will rewarded. Or you could just put a request to sell at 55c.
UK investors will see the value and appreciate their efforts, that is the reason why they have moved over.
TSM Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held