Sports Direct Share Discussion Threads

[undervaluedassets] 25/4/2017 08:13

These things certainly help... This share more than any I know is all about sentiment. .

otherwise the incipient growth would be recognized in the share price

[weemonkey] 25/4/2017 07:45

Newcastle... yes that seems to be working out.

[nortic 007] 24/4/2017 21:14

The Big fella should be happy tonight.

[nortic 007] 24/4/2017 14:36

Just gapped up.

[discodave4] 24/4/2017 14:09

Talking of Next, PE currently 9, ex growth, but unlike SPD no governance issues, excellent BoD and decent business model.......so why should SPD be rated at a PE of 18!.......completely unrealistic IMO, no way should it be rated at twice that of NXT.DD

[weemonkey] 24/4/2017 10:19

Buying back shares; Growing revenues (i know not profits at the moment ...but even Next are struggling with profitability at the moment); being expansionist and acquisitive.

This is a good company trading on a tiny multiple.

Once the MA 'noise' abates this will do well.

[nortic 007] 24/4/2017 08:11

Markets having a great start today but hoping it's not a case of the tortoise and the hare.

[nortic 007] 21/4/2017 16:11

Now start to watch the volume pick up.

[nortic 007] 21/4/2017 16:02

Could be in for a messy 30 mins. They might try a drive them down to 305 ish to get volume done.

[nortic 007] 21/4/2017 15:25

Once he's cleared they'll trade through 310 . FIDL are also flat today.

[nortic 007] 21/4/2017 15:14

That's a US seller today who's been rather aggressive. They'll probably lean on them until the order is executed . That's the way most State side orders work out there. The saying on Wall Street is "are you in the pool or out of the pool" and that's their trading philosophy and nothing in between .

[boonboon] 21/4/2017 12:25

Those stores must have infrastructure in place already for their online sales. Whether it's company owned or rented doesn't really matter. From the RNS. will provide Sports Direct with a footprint in US bricks-and-mortar retail and a platform from which to grow US on-line sales.

[discodave4] 21/4/2017 12:13

boonboonThey have only bought stores as per RNS so not warehousing IMO.DD

[boonboon] 21/4/2017 11:35

BTW I just noticed they're recruiting for a Spanish speaking HR position. It seems strange when they've only got two Spanish stores. Unless expansion is expected.

[boonboon] 21/4/2017 11:24

The two chains that they've bought both sell online already, so presumably the infrastructure is in place to handle this. The question is whether these stores will be rebranded to Sports Direct in the future. I expect they will be.

[weemonkey] 21/4/2017 10:58

Still growing. still acquisitive. Still ambitious.

[discodave4] 21/4/2017 09:27

BoonboonSPD don't appear to have a warehouse in the US. That said their logistics provider may do?.They have only acquired retail space not warehousing according to this mornings RNS:"The businesses to be acquired include (following closures) approximately 50 retail stores in the US under the Bob's Stores and Eastern Mountain Stores fascias selling predominantly sports and casual wear, and outdoor and camping equipment and clothing."DD

[nortic 007] 21/4/2017 08:49

Baby steps Thanks for that sir

[boonboon] 21/4/2017 08:46

That's the current delivery price and times on the US website as they currently ship from the UK.

[nortic 007] 21/4/2017 08:44

BoonboonYou make a good point . You're previous post about delivery terms and prices, is that for the U.K. only or goes that include US delivery as well?Thanks

[boonboon] 21/4/2017 08:33

So quite off-putting. A local warehouse would reduce delivery times and cost.

[boonboon] 21/4/2017 08:32

Standard DeliveryUsing our Standard Delivery, your order should be with you in ten (10) to twelve (12) working days (excludes Weekends and Public/Bank Holidays).Get Standard Delivery from only $4.99!Express DeliveryPlace your order before 12pm Sunday - Friday and receive your order within 5 to 6 days (excludes Sundays and Public/Bank Holidays). For only $17.58!If you select our Express Delivery option, and your order is placed and accepted before 12pm Sunday - Friday, we aim to have your order delivered to your door within 5 to 6 days provided the next day is not a Sunday or Bank Holiday. Orders placed after 12pm will take an extra 24 hours to deliver (excludes Weekends and Public/Bank Holidays).

[boonboon] 21/4/2017 08:23

I believe they ship from the UK though with long lead times and delivery costs. I could be wrong though.