JJB Sports Share Discussion Threads

[boilerboy] 20/9/2012 19:59

OK thanks. I have been told that these manufacturers are worried of a Chavy sports shop having the sports monopoly. I tend to agree, I would never buy anything from sports direct. The place is full of chavs and a bloody mess. I had to get my son some sports shorts for school at the weekend and now that jjbs in Bedford has closed i had no choice but to go to SD. The place is discusting, Honestly Discusting. I have my fingers crossed jjbs can survive.

[sir rational] 20/9/2012 19:48

Not really. Adidas was initially supportive and gave assurances that theoretically could have meant £15m of soft help but in fact next to nothing materialised.

[boilerboy] 20/9/2012 19:43

Could I ask a question.

Is it true that Adidas and Nike will do what ever it takes to prevent Sports Direct having anything to do with jjb??

[sir rational] 20/9/2012 19:06

Not sure they drink alcohol Pembury

[pembury] 20/9/2012 19:05

philanthropists

[sir rational] 20/9/2012 18:52

But the situation is so risky, they will be out very soon

[sir rational] 20/9/2012 18:52

Did well, the Chans

[maxmarilli] 20/9/2012 18:47

So this is going trading all next week?must be a spike coming,then...

[sir rational] 20/9/2012 18:37

Chinese = gamblers

Sitting on a nice little profit, they'll be out within a week

[maxmarilli] 20/9/2012 18:06

MR+MRS CHAN joined the party!less than 5% holdings,well informed or astute gamblers?

[teapreacher] 20/9/2012 16:30

Odey have been short JJB since at least a couple of years ago. Long SPD/short JJB has proven to be a productive pair trade for them.

[theshadow2] 20/9/2012 16:26

Sir Rational......their holding in SPD might be worth a tad more than that-lol.

[sir rational] 20/9/2012 15:49

On the other hand, it's a beer money punt for them, maybe £150K

[sir rational] 20/9/2012 15:48

Odey is quite a sharp outfit, gotta be said

[quidzinn] 20/9/2012 15:29

20 September 2012

Sports Direct International plc

("Sports Direct" or the "Company")

Holdings(s) in Company

The Company was notified on 20(th) September 2012 that Odey Asset Management LLP holds an interest in 39,387,827 shares of the Company with voting rights plus 2,530,990 CFD, which represents 7% of the issued ordinary share capital of the Company with voting rights.

Odey European Inc. holding is 3.10%

[quidzinn] 20/9/2012 15:28

SP looking good now ... 10 bagger by end of next week .... ;)


Q

[zeuseq] 20/9/2012 14:36

DSG want JJB imho, how much will they be pushed to pay up, getting very interesting the more this saga drags on.

[quidzinn] 20/9/2012 14:35

Convertible Loan Notes are evidence of a loan which is convertible into equity at a later date, at specific rates or in response to particular events. They will generally be redeemable as well as convertible. They can be secured, although often are not. If they are unsecured then they will rank alongside all unsecured creditors in the event of a liquidation.....

Q

[zeuseq] 20/9/2012 14:33

YEAH BABY GO BABY GO!

[notanewmember2] 20/9/2012 13:53

The same happened with GAME Group - Blue Shore Capital bought a ton of stock - about 9%, then it was trapped in there when it delisted the next day. Read about it here

I think Blue Shore got upset and demanded action, what happened after, I don't know.