Jd Sports Fashion Share Discussion Threads

[cockneyrebel] 27/4/2009 19:17

Interim Management Statement was June 9 last year - 6 weeks time here.

That will wake the punters if a tip doesn't arrive before imo miked500.

CR

[cockneyrebel] 27/4/2009 12:40

Yep, just had another 1K here :-)

CR

[miked500] 27/4/2009 12:38

jd sports marked their holding in jjb down to 8p so any rise should be good.

[miked500] 27/4/2009 07:43

Do you think what happens at JJB will have any effect given the the shareholding, i suppose there are benefits either way.

[cockneyrebel] 26/4/2009 21:55

Share price 381p

Broker upgrades recently that the market seems to have missed. Eps forecast of 78p-79p most recent forecasts (I consider these as being conservative as the co constantly beats, brokers always underestimate and the recent pick up in retailing) having done 66p this year so growing earnings at 20% nearly.

PE of 4.8

PEG of 0.2

8.9p divi is yours if you're holding at the close on May 5th a further 13.4p over the coming year so 22.3p or 5.9% over 54 weeks.

£23m net cash, no debt, mkt cap £185m

Must be the cheapest retailer with the highest growth around and no debt - the stock that is available won't last forever and when this motors it motors - take a look at the chart. With retailers highly back into play these won't stay this cheap for long imo. 6 brokers all with Buy recs.

One of the most screaming buys around imo.

CR

[cockneyrebel] 24/4/2009 13:58

I think theres a seller just clearing - looks like a wind up bot or something thrying to force him out.

Suspect the mm's are short here and scared of letting the price rise as they are going to get murdered when it goes - JD must be good for another £1 or £2 here when you look at the valation.

Buyers will be in for thedivi soon too imo.

CR

[miked500] 23/4/2009 11:19

Retail sector on fire today, yet Jd being left behind. if only this could make the ftse250 would then move more in line. I think this is achievable in the next 2 years looking at their expansion plans and lack of competition at present.

[cockneyrebel] 22/4/2009 09:42

JJB upgraded today - how cheap does that make JD.?

CR

[cfro] 18/4/2009 19:07

Got to be worth £6 - £7 of anyones money even in these markets.

[cockneyrebel] 17/4/2009 13:27

About to break out through March 08 high.

CR

[cockneyrebel] 16/4/2009 12:27

a rake of sells and the price rising - think about it.

CR

[cockneyrebel] 14/4/2009 18:53

doesn't trade a lot, tightly held. Dunno if these get traded on Plusmarkets at all.

CR

[coolmd] 14/4/2009 15:50

Anyone help. Why are next to no trades showing?

[volsung] 14/4/2009 13:29

Time to get a bit of this action I think

[cockneyrebel] 12/4/2009 14:39

I think the Investors Crhonicle rwaders will be buying next week:



"Investec Securities is forecasting 2009 adjusted pre-tax profits of £52m and EPS of 74.8p (2009: £53.6m and 72.3p), but is expecting to upgrade these estimates. "

Let's say just 78p eps this year then, PE still 5.2 and a 3.5% yield. Compare that to any other retailers and look at the growth and the growth record - good bit at the end of that piece showing growth over 5 years.

I say these should be trading on a forward PE of 8 or more like many other retailers that can't hold a candle to JD's performace imo. A huge re-rating coming here over the next few months as the broker notes come out imo, £5+ has to be more than realistic, £6+ would be justice imo.

CR

[cfro] 10/4/2009 18:46

Reckon these will put another chunk first thing tuesday morning after the usual easter weekend results chatter.

[cockneyrebel] 10/4/2009 13:00

Good comment in the FT


How cheap are JD. ?


Latest updates to broker forecasts suggest 78p eps this year, a PE of just 5. They've raised the divi 40% too.

Compare that to nearly any retailer - few are growing earnings and even then they are trading on similar PE's to this or hiigher. JD doesn't have the debt issue either.

MKS is trading on a PE of 11 and earnings are falling!

Even Soprts Direct with it's lower yield and run by the dubious Mike Ashley trades on a PE of 8.5.

I think JD. are in for a big re-rating to at least that sort of PE imo. That would take the share price up to the £5.50 area.

CR

[gorse] 09/4/2009 11:04

Mike Ashley, "He'd rather invest in a sports retail company than in a widget maker."

Pity he didn't apply that logic to investing in a football club.

[cockneyrebel] 08/4/2009 21:15

1031 GMT [Dow Jones] JD Sports Fashion (JD.LN) preliminary results are a positive surprise, says Investec Securities, with pretax profit 7% above the brokerage's latest estimates, as well as a "handsome increase" in the final dividend. "With current trading holding up well, despite the Easter calendar shift, consensus forecasts are likely to move up further for 2009/10," it says. "Despite the wider marketplace disruption, JD is keeping a steady course and is building some momentum on the fashion side as well," it adds. Has a buy rating. Shares +3.2% at 371p. (ISD)

CR