|JD Sports (John David Group)
||EPS - Basic
||Market Cap (m)
JD Sports Share Discussion Threads
Showing 826 to 848 of 850 messages
|Good write up in The Times today - p40 on the 'dead tree' edition, I'm sure it is on the online version too :)|
|Hi Suzyred, if you're new to this game but are choosing shares like jd. I'm sure you'll do well. Best of luck.|
|Yes. The company decided that 15 was quid was a lot for one share, so they split each old share into 5.On Friday ,if you had 10 shares worth about 1580p each, you woke up this morning with 50 shares worth 1580/5=316p each. And of course they have gone up this morning as well.|
|Hi. I am quite new to this game and cant find an explanation online. Can you explain how the share split works please. At the mo my Barclays stockbroker account is showing a loss of -75% on my JD sports shareholding this morning???? Thanks|
|Don't forget to take any stops off before Monday morning as today last day of trading at these prices before the split|
|Beneficiary of weaker us dollar?|
|5:1 share split expected due on 28/11/16.|
|The Chairman was on the Today program on radio 4 this morning. Not much to say except he is very positive on current & future growth. The interview was spoilt by the presenter trying to get him to slag off Sports Direct but he wasn't having any of it. Nice 1/2 year results. 30% year to date ain't bad.|
|GO JD. GO!!!|
|Cracking set of results!|
|Martin I took the upgrade to crudely mean 185m - half of 180 to 190.
As long as retail and (youth) employment hold up post Brexit which the retail sales rise of 1.4% month on month and claimant count drop (the ILO measure has a further lag so will have to wait longer for this) things should continue to look rosy here IMO.
Guidance has typically been cautious with a number of upgrades in the past year so hopefully this won't be the last of them either.|
|I read the most recent trading statement as saying that they *might* be well ahead of forecasts. Generally JD gives lots of provisos that full year trading is very dependent on Christmas results, so they don't want to say too much before the Xmas season.
But it was only in July they said that the full year ending next January will be at the top end of expectations - with few ifs or buts about Christmas. So I expect more cheery news over the coming months.|
|About JD Brancho. On the FT I think you can sign up to four free articles a month when I last checked (I did this before I had full subscription).
It mentions a fair bit around the numbers but there's also this analyst quote which I found interesting on the athleisure trend:
Analysts underlined the importance of the female market in boosting sales. “The athleisure trend was the predominant driver of sales in 2015,” said analysts at Euromonitor. “This was especially common among women, and was spurred by celebrity-related campaigns which were powerfully marketed by leading brands, especially in footwear. JD Sports, Nike and Size have opened all-women stores in accordance with this trend.”|
|Sorry can't read - subscription. is this about JD or Sports Direct?|
|Missed this the other day from the FT:
|2nd Upgrade by Investec
4/14/2016 Investec Reiterated Rating Buy GBX 1,420
|This is my biggest holding by some way, so I'm re-reading. It's interesting that outdoors has about a quarter of the floor area of sports but only a tenth of the revenue. How much that gap can be closed I have no idea! The shares don't look cheap, but they have big ambitions from Malaysia to uk gyms, and the cash to invest,so the future looks good unless sportswear goes out of fashion.|
|Read Panmure's note on JD Sports Fashion (JD/), out this morning, by visiting hxxps://www.research-tree.com/companies/uk/clothes_%26_apparel/jd_sports_fashion_plc …
“JD’s FY16 PBT of £157m (vs our forecast £156m) has duly beat consensus estimates by 4% as we flagged in our April 12th note, highlighting that forecast risk remains firmly on the upside for the foreseeable future as we see no signs of a slowdown (viz. the outlook statement), albeit we remain very alert to the risks of such a scenario. Multiple FY16 positives to highlight which underpin further progression in FY17; (1) The continued eye-watering LFL sales growth which has driven multiple material upgrades to forecasts throughout 2015 and 2016; (2) The strong cashflow generation and gross margin evolution; (3) The pronounced strength in branded athletic footwear over the past 2-3 years has unequivocally spilled over into clothing, notably in H2FY16 and remains very healthy so far in FY17; (4) continued progression/strength in online; and (5) European growth …”|
|Yep - and if you factor that out their forward PE was in line with the sector even on the old forecasts! Not bad for a growth story...|
|That's about £1 per share of net cash they have.. quite significant!|
|First upgrade out - Peel Hunt 1250 to 1350. Reiterates.
|Thanks Martin. Like you I'm scratching my head to understand why they need that much cash when Retail Fascia capex was £52m in the last year.
On a separate note Morningstar normalised PBT consensus was £149m so another beat by c5%. The share price not reacted just yet presumably on some profit taking. They also had 2017 PBT of £160m so I'm expecting further upgrades here. As an aside I thought the 2017 number looked very undemanding - new store openings have been running at c12% of the estate - assuming these are as profitable as existing stores then organic growth would be left negative(!) to achieve this against the 'positive trading' mentioned in the statement. Outside this all I can think is a reference to the living wage introduction perhaps? But even here you would expect a decent chunk of their customer base would also get their spending power increased at the same time (I've e-mailed their investor relations on this to try to get an idea of their average customer breakdown and wage cost line and will post here if I get a response).
For what it's worth I've got a revised 2017 forecast of £182m made up of the £157m plus 12% plus 5% organic growth for a beat of previous forecasts by c14% for a new target price of £13.|