Sports Direct Share Discussion Threads

[nortic 007] 03/5/2017 12:58

Terminated I'm in at 225 and change. My thoughts have always been to top slice at 330 and sell 25/- and then try and run the balance 100/- for the long term. Wish my timing had been better but at least some of the punters got in at the right levels below £3 . It's been dead money for some time now but you've got to be patient I guess.My views on MA and SPD are the same if I'm in or out . I think the big fella's got a plan and they will go higher.All the best sir

[terminated] 03/5/2017 12:15

How long before you break even Nortic?

[nortic 007] 03/5/2017 09:29

Can they break through 310 and stay there . If so 315 could be the next stop. Lots of questions just have to wait and see.

[nortic 007] 02/5/2017 15:55

There's got to be a winner . Buyer or the seller? Makes for good viewing .

[nortic 007] 02/5/2017 15:36

This reminds me of some weeks ago when they were stuck at the 292 level. Almost a carbon copy but this time it's not SPD buying.

[nortic 007] 02/5/2017 15:01

Seller gradually getting mopped up. There seem to be a buyer out there and it not day traders because of the narrow trading range.Sorrow I woke up 7 months early.

[nortic 007] 02/5/2017 12:05

au24It's not easy being me!!! Only joking.Glad you're keeping an eye on me.Hope things are good with you sir :)

[au24] 02/5/2017 12:03

LOL
How nice to be retired so early of age.

[nortic 007] 02/5/2017 12:00

I'm going for a snooze now . Could someone wake me up when they get to 330. Please don't let it be December !!!

[discodave4] 02/5/2017 11:50

NorticAre you sure you worked in the "city"?There are 214 million shares available for trading.You post complete nonsense IMO.DD

[nortic 007] 02/5/2017 10:54

On reflection I'd rather they got to £3 and then we would see what these boys are made of.

[nortic 007] 02/5/2017 10:48

FIDELITY INTERNATIONAL LIMITED (FIL)5.1628,941,329ODEY ASSET MANAGEMENT3.6420,460,848PHOENIX ASSET MANAGEMENT PARTNERS LIMITED3.2418,198,848There's definitely a seller around from the States as I've mentioned last week. But since SPD announcement on Friday night it does make you think what might happen on a trading basis .These I believe are the top 3 shareholder and I would like to think Odey will try and remain loyal to his old mate.When you look at the other 2 institutions they could easily be taken out in one bite. Remember SPD can buy another 55m. If they were sellers and wanted out then at £3 all their wishes would come true but they haven't yet.Another question comes to mind . Let's say they did sell out and they've lent stock to short sellers then that stock would have to be called back in . This could create a double whammy .The next biggest holder apart from these guys owns 1.61%.MA gradually taking control of the share register.This is just my perspective from a trading point of view.

[discodave4] 02/5/2017 09:08

NorticAs you worked in the city (pmsl) you would obviously know:A) What "free float" actually means, andB) That U.K. FTSE Index companies have to maintain a certain minimum percentage free float, namely 25%.SPD free float is currently 214m (38%).DD

[discodave4] 02/5/2017 08:15

Free float 214m:hTTp://markets.investorschronicle.co.uk/research/Markets/Companies/Summary?s=SPD:LSE

[discodave4] 02/5/2017 08:13

Free float 214m:hTTps://markets.ft.com/data/equities/tearsheet/summary?s=SPD:LSE

[discodave4] 02/5/2017 08:09

Your a complete plonker Nortic.

[nortic 007] 02/5/2017 07:55

Maybe we should all do the maths together and then we can all draw our own conclusions but one thing is for sure that as far as the free float is concerned they are as rare as rocking horse .....Don't forget the 55m more SPD could buy back IF they hit £3

[nortic 007] 02/5/2017 07:38

MorningIt's good to get clarification on what's what regarding shares in issue this morning. I've also requested an up to date shareholder list and will then rework my calculations.These are just one of many things that can determine how and why share prices move.Have a good day.

[opodio] 01/5/2017 10:56

hxxp://news.sky.com/story/sports-direct-staff-agency-transline-on-brink-of-administration-10851555

[discodave4] 28/4/2017 21:58

Nortic 007 - 28 Apr 2017 - 18:32 - 4210 of 4216 - 0Is that on top of the 79,310,534 that SPD have already bought ?They have not bought 79.3m shares ffs, to date they have only bought back c 37.3m.Free float is 214m.Who said 8% are shorted?, according to FCA (those greater than 0.5%), short positions are 2.51%Are you sure you worked in the City?!.......you don't seem to know much, particularly about your own investment!.DD

[alienalienware] 28/4/2017 21:44

chickened out of this a while ago

[discodave4] 28/4/2017 21:42

Unavailable From Jan RNS :"Further to the announcement made by the Company on 8 December 2016, the Company announces that it intends to recommence its share buyback programme from today's date for the period up to and including the Company's annual general meeting on 6 September 2017 (the "Programme")."SEPTEMBER DD

[nortic 007] 28/4/2017 20:48

Let's hope I'm no mug :(

[nortic 007] 28/4/2017 20:46

So that's another 50m shares SPD are willing to buy at £3 from the 85m(79m on 10/4) share target from the last buy back.That must be a vote of confidence because MA wouldn't buy them if he thought they were a stack of .....His voting rights will also go up. He's effectively buying the company back under everybody noses.He's no mug