|Sports Direct International
||EPS - Basic
||Market Cap (m)
Sports Direct Share Discussion Threads
Showing 5651 to 5673 of 5675 messages
|MA not daft, once he's bought back 86m of common stock his % of the Co will have risen by using Co funds. It's less for him to buy if he takes it private and also a little less likely there'll be any large dissenting shareholders, win win!!|
|If this drops down to 270 again and he has no decent news to report to support it and then runs out of buy back money he will have squandered millions of shareholders cash supporting it at a 10% markup of perceived worth. 270-280 should have been the buy back level UNLESS he releases upbeat statements sending this over 300p. Even then he could have picked the stock up a lot cheaper.|
|As of monday 27th March still approx 10 mill shares to be repurchased by SPD to reach their stated buy back target of 86,324,793 (at the current rate, assuming the share price remains under £3, this will take 15 - 20 trading days).
From their announcement: The shares repurchased by the Company will be held in treasury pending cancellation or re-issue.|
|I'd be happy with that :)|
|I'm WWII golf out in 39 back in 45......|
|I'm army golf ..... left, right , left......|
|That,s a better handicap than mine. I,m the zig zagger until the short game.|
|Enjoy the Golf and no harm in dreaming. You never know what happens in the world of MA and SPD.|
|Wouldn't it be nice if I shot 70 and SPD were over £3 when I got back."If my aunt had b#ll#cks she'd be my uncle". We can all dream :)|
|He does owe it to a lot of people to run this a quoted going concern but when people get on his rather large shoulders,who's to say he won't just take it private ( we all lose out ) and then he make a success out of it afterwards . You don't want this taken private but if nosey politicians and single minded journalist have there way he might just pull the trigger and small shareholders will lose out and these are the people that the media are trying to champion!!!!I'm just about to play around of golf in sunny Surrey .Have a good day.|
|With new recent purchases in Debenhams and other retailers from time to time via options. It seems to me that MA is looking longer term to expand into other areas and reduce the PR impact of Sports direct warehouse issue.
Moving upmarket with other brands or joint venture may gain some market share.
The only issue is the governance issue with key team players whom are on short contracts will not help. Surely, long term you need team players and size has grown more MA can handle. Also, the role family members sometimes is a question mark and also difficult to justify some of the transaction. Since a lot is surrounded in a mystery of payments.
It is now more like a private family run company without to much outside any governance.|
|Crowshott I think you'll find that's probably his end game. He hates being in the spotlight and also dislikes being told what to do.When you look at free float don't forget 10% will also be held in treasury and probably two or three institutions that are not selling i.e. Odey. The rest are held by punter like you and I . Maybe 32-25% might be a more realistic free float number.The next 6 months will tell us what the end game is.All the best|
|Is Mike Ashley trying to take the company private?
Currently shareholding is 58% after share buy back.
Share buy back over the last few months seem to have increased to just over 11% on the total shares in the marketplace.
Thus, now only 42% in private shareholders. More share buy back seems to happen everyday.
I will assume the end game may be buyback on the cheap via the back door?|
|Looks like MA is trying to average down on his put option in an attempt to not have to fork out, DEB share price is about 35% lower than when the option was set up over three years ago.........anybody know when the option expires?http://www.proactiveinvestors.co.uk/companies/news/174983/sports-direct-again-ups-its-interest-in-department-stores-group-debenhams-now-over-13-174983.htmlDD|
|Now that's a closing auction!!!!|
|Looks like a seller Stateside . You could set your watch to the graph.|
|I would expect a small rally before the close but a disappointing week after what was a good start.|
|Are there any companies out there that don't have ridiculous valuations?|
|Scary?I'll be telling my kids years from now that I invested in MA and they won't believe me!!!! LOL|
|I was paying 15% on my second house back in Cambridge yrs ago.
Now my old house worth £22.000 back then is £450.000 today and rising.
Children are now paying 1% on their houses. LOL|
|Most young people think we were making these stories up but it happened !!!|
|Go back further to around 89 -90`s when rates were above 15% - I paid 17% on one commercial mortgage - the good old days.:-)|
|You have forgotten int rates in 90's I remember it going to 10% plus 😓|