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Share Name Share Symbol Market Type Share ISIN Share Description
Jd Sports Fashion Plc LSE:JD. London Ordinary Share GB00BM8Q5M07 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.35 0.63% 216.60 215.40 215.60 220.00 214.20 218.60 5,137,475 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 6,167.3 324.0 23.1 9.4 11,173

Jd Sports Fashion Share Discussion Threads

Showing 426 to 449 of 1225 messages
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DateSubjectAuthorDiscuss
27/1/2010
20:38
Matt - the way I see it is that when JD made the above statement - consensus of £56m at the time + 10% (i.e.significant) was probably already in the bag. The statement then prompted analysts to upgrade to c£63m (£56m + 10% plus a bit). So I doubt whether the result will be below current consensus of £63m but if this is exceeded by 10% - JD will need to advise the market. I think the result will probably sit between these two parameters i.e.£63m and £69m IMHO. JD also has a reasonable chance of keeping the story going - i.e.increases in like for like sales and gross margins maintained - Easter is earlier this year - Good Friday is 2nd April (last year 10th April) and JD are to announce on 14th April (last year 8th April)- so Easter trade will probably be included in their current trading statement. Would be useful though if they did give an update next week followed by positive LFL sales news on 14th April. Still looks significantly undervalued to me, with no debt and good expansion/growth prospects. All IMHO DYOR.
tony5000
26/1/2010
08:26
I'm expecting an end of year statement next week in which they will give an idea by just how much they have significantly beaten forecasts. "The Board now believes that current market expectations for Group profit before tax and exceptional items will be significantly exceeded though the extent to which this occurs is still dependent on the impact of the prevailing severe weather conditions in the UK."
matt
21/1/2010
16:49
free stock charts from www.advfn.com Looking for support around this level before it turns up again.
matt
14/1/2010
08:27
JD normally issue fairly conservative trading statements so the lanaguage used in the Xmas trading update leads me to believe that results will be better than the upgraded consensus forecast of c£63m - otherwise there would have been no point in driving analysts up to this number - i.e. more conservative language could have been used e.g. "moderately" instead of "significantly ahead of market expectations" IMHO. Share price threatening to break out of its current trading range and company still significantly undervalued and overdue a re-rating. No debt and good growth and profit improvement potential both here and abroad IMHO DYOR.
tony5000
14/1/2010
08:22
Back testing the old high now.
matt
09/1/2010
06:32
Closed at an all time high. Blue sky ... : )
matt
08/1/2010
07:39
http://www.ft.com/cms/s/0/d1913126-fb64-11de-93d1-00144feab49a.html worth a read. Includes ""It's a strong set of numbers – even though they did well last year they seem to have had a rebound," said Nick Coulter, retail analyst at Numis, who raised his full-year pre-tax profit forecast from £56m to £63.1m. "The growing question is what they will do with that abundance of firepower on the balance sheet," he added. "At six times covered by ongoing earnings, the dividend surely must step change at some point." Peter Cowgill, executive chairman, said he was aware of analyst opinion on the dividend. "Let's just say, I hear them," he told the Financial Times. "It's a matter we are considering." Mr Cowgill said he was "looking at one or two additional opportunities abroad" and planned to invest in distribution and warehouse consolidation." Also states that on a P/E of 7, JD. is on an undeserved discount to the retailing sector P/E average of 13
shanklin
07/1/2010
22:09
The Investec forecast of 63m equates to around 90p in earnings, so even after today's rise the company is still only valued at less than 7 times prospective profits and with more to come the year after, you would think it should rise further from here. More comment here http://www.guardian.co.uk/business/marketforceslive/2010/jan/07/1 While most eyes in the retail sector are on Sainsbury, JD Sports Fashion has also put in an impressive performance. The company's shares have jumped 60p to 610p after it said it would beat market expectations for its full year profits following a good Christmas. Like for like sales for the five week festive trading period rose 6.6%, prompting the company to comment that 2009 profits would "significantly exceed" forecasts. But it added that the extent of the rise would depend on the current weather conditions. In a buy note Investec said: On the back of a significant improvement in trading relative to expectations in both divisions [sport and fashion], we are raising our pretax profit forecast by 12.5% for 2010, from £56m to £63m. Given the strong cash generation and extremely prudent levels of dividend cover we are also forecasting a higher increase in the final dividend, to give a total of 15p (previously 13p). This supports an increase to our price target from 710p to 750p and we remain buyers. Meanwhile Singer Capital Markets' Mark Photiades said: This strong performance, across both fascias, is an excellent achievement. In particular, the growth seen in fashion is very encouraging, as we believe that going forward the fashion division will be one of the main growth drivers for the group, primarily via the acquired Bank chain. There is considerable scope for profits to improve if they continue to enhance the product and brand mix, and then scale the business up. The strong trading at the core sports division is also encouraging, and demonstrates its resilience contrary to some observers' expectations From next year, we expect its international development plans to pick up pace, primarily via its French acquisition. The Canterbury rugby brand also looks well positioned for growth and the recent acquisition of stakes in the Australian and New Zealand distribution companies should create further leverage. Even prior to today's upgrades the shares were on a significant discount to the wider sector. The shares are therefore likely to bounce further on the back of today's news and we re-iterate our buy stance.
daz
07/1/2010
20:08
FWIW: JD Sports Fashion/font> (JD.)) shares jumped by 60p to 610p after the company said that it expects to beat market expectations for full-year profit as a result of strong trading over the Christmas period. Like-for-like sales for the five weeks to 2nd January rose 6.6%, with cumulative like-for-like sales for the 48 weeks to 2nd January up 2.7% and a small improvement in UK retail gross profit margins. Investec increased its pre-tax profit forecast for FY2010 by 12.5% to 63 million pounds, raising its 'target price from 710p to 750p.
cwa1
07/1/2010
20:01
Post 153: I presume you are old and possibly short !
tony5000
07/1/2010
14:39
It's all about taste mate!
bookbroker
07/1/2010
12:22
Post 153: makes me wish there were internet ASBOs
gorse
07/1/2010
08:36
Mick Typical bleeding Scot, always waiting for a discount ;-) Yup, good statement here. Highly satisfactory. Would be nice to see COP getting the treatment too. To be honest I've taken the DGO board off my faves list as there was so much dross on there I couldn't be bothered wading through it. Is your post lost in the morass, or is it a recent one? Good luck all with JD. PS: I must be going mad as I recently bought a toe's worth of Halfords!!
cwa1
07/1/2010
08:29
These look well under rated at present- should be trading nearer £8-9 imho. Glad I topped up sub £5 and intend to hold for a good run up from here like last year. rik
rik shaw
07/1/2010
08:17
Morning CWA Brilliant stuff and cheers for highlighting these a while back in the pub although I did hang off a while for the discount. :-) Should be some cracking press tomorrow as they are terrific numbers and I presume they think JJB will continue to struggle otherwise they would have held their stake. Mick PS - I have a good feeling that we may move into profit in (COP) soon so fingers crossed there as well and if you seen my post on DGO board, no reason they shouldn't be hitting a fiver as well.
mickinvest
07/1/2010
08:08
Let's hope : )
matt
07/1/2010
08:02
Forecasts were for 80p in earnings this year. As the company have said this will be significantly exceeded, you would think this means by at least 10%, so they could be on for 88p or more. With their excellent track record they really deserve a premium rating rather than the discounted rating they're on currently. Perhaps a few will take notice today.
daz
07/1/2010
07:51
Morning :-)
cwa1
07/1/2010
07:45
Very nice indeed. Makes smashing reading Matt and with it being World cup year, no reason they can't continue to increase sales. Mick
mickinvest
07/1/2010
07:13
7 January 2010 JD SPORTS FASHION PLC CHRISTMAS TRADING STATEMENT The Board now believes that current market expectations for Group profit before tax and exceptional items will be significantly exceeded though the extent to which this occurs is still dependent on the impact of the prevailing severe weather conditions in the UK.
matt
06/1/2010
18:18
Nice rise ahead of tomorrow's statement.
matt
05/1/2010
16:49
Let's hope the fact people are snowed in doesn't dent any consumer recovery.
matt
05/1/2010
16:35
Fingers crossed Tony, you'd think they'd have a good chance of increasing market share due to JJB's stock problems and closing branches. Adding in this is World Cup year and plenty of scope for 2010 being far better than expected and that should hopefully put them on a decent upward run and I'll be off to pastures new with a decent profit with any luck. Mick
mickinvest
05/1/2010
16:03
If results are good/reasonable and in line with market concensus then this will be significant - IMHO - as will denote a step change from annual profits of c£35/38m - towards £60m and beyond - in future years. Will probably not stay at this low valuation for long in view of potential profits, growth, acquisition potential and zero debt.IMHO DYOR.
tony5000
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