Jd Sports Fashion Share Discussion Threads

[thomstar] 15/1/2024 16:26

Bit of a non day, in to consolidation

[noramping] 15/1/2024 13:56

Blackhorse is a paid scammer, beware.

[blackhorse23] 15/1/2024 13:38

Bought GNC today & waiting here drop below 99p

[tsmith2] 15/1/2024 09:36

selling exhausted?

[thomstar] 15/1/2024 08:47

This looks like it's doing the drop n pop

[datait] 15/1/2024 08:17

noramping you know nothing move on

[sharetips] 13/1/2024 08:30

Good tip in cityconfidential this month

[disc0dave46] 12/1/2024 14:33

Not in a closed period as far as I can see and don't know if any other restrictions. As posted numerous times now their recently revised LTIP now includes a share purchase requirement, thus encouraging/forcing the BoD to buy into the business up to a certain value aligned with their salary. RS hasn't bought a single share from the time he was appointed - just not a good sign IMO, others may view this completely differently though.

[alotto] 12/1/2024 14:10

Maybe there are restrictions not to incur in inside reading?

Directors are limited as to when they can legally buy and sell shares. They cannot trade between the closing of the financial period and the reporting to the market of that information, often two months later.

I know JD period end is in Feb but maybe other regulations are preventing the CEO from buying?

[essentialinvestor] 12/1/2024 14:07

Also depends what you investing/trading preferences are - some are willing to take on more risk and sometimes this pays off, other times not so much!.

IF, the next update is better than expected then arguably the current price is cheap. The reverse may also apply.

[eeza] 12/1/2024 14:05

Rising with the UKX.

[thomstar] 12/1/2024 14:03

It's surging, looks like no one wants to be out over the weekend for some reason. Excited for Monday morning

[eeza] 12/1/2024 13:43

Big miss by BRBY, but only off around 7%.

[disc0dave46] 12/1/2024 13:33

alotto"Disco not all CEOs and insiders buy the shares, it would be reassuring but not a bad indication imo"Given this has lost 27% in value in about a week following the profit warning (only a 10% reduction to forecasts) then I would expect to see some conviction from those in the know that it's overdone and represents very good value. I do take it as a negative tbh, if RS or the CFO bought 6 figure then I'd sit up and take notice. Follow the money!.I've pencilled in 180 as fair value but despite the potential upside it means nothing if come March they reduce forecasts even further. Agree not all insiders buy, but if there's a decent profit to be made and they know it then why wouldn't they buy.

[chris cat] 12/1/2024 13:10

alotto.....I have a shocking record when averaging down. As much as I like JD, I am not not doing it at the moment. Also a little wary of the "they come in 3s" fable for bad news. I'd hope that the BOD wouldn't be so stupid and got the bad news (such that it was in reality) out in one go but who knows

[noramping] 12/1/2024 12:59

Thomstar, no RNS are published at weekends, but you know that, if you don’t know that then share dealing likely isn’t for you.

[essentialinvestor] 12/1/2024 12:32

alotto, as I've mentioned the lack of post RNS director buying a couple of times, I would also agree it is possible to read too much in to this, let's see. No crystal ball obvs.

[thomstar] 12/1/2024 12:17

Good news expected over the weekend??

[alotto] 12/1/2024 12:07

Disco not all CEOs and insiders buy the shares, it would be reassuring but not a bad indication imo.

[alotto] 12/1/2024 12:06

Chris cat, why not to average it down, this could be an excellent opportunity to add if you are a long term holder.

[chris cat] 12/1/2024 09:28

£5.8bn market cp for a business that is expected to make £900m with a similar amount of free cash flow. Sentiment has turned against this sector at the moment, but they don't seem like bad ratio's to me......pity my average is nearer £1.70

[disc0dave46] 12/1/2024 09:07

alottoI just wouldn't compare JD to MKS or supermarkets, completely different demographics and branding.This is a quality business that will pull through this downturn.I'm still keen to buy but have always been concerned about the lack of buying from RS.

[thomstar] 12/1/2024 08:10

They're piling in this morning