Sports Direct Share Discussion Threads

[discodave4] 12/7/2017 12:54

Doesn't seem to want to test 302 resistance....yet.If it stays within its normal price range (less than £3!!) then buying back the remaining 23 million should be achievable by Sept.DD

[nortic 007] 12/7/2017 12:48

I wouldn't mind being that unsophisticated and a billionaire !!!

[nortic 007] 12/7/2017 12:46

You make a good point Useless.Read about Occams Razor ( Razors law) makes for an interesting theory sometimes used in law.

[nortic 007] 12/7/2017 12:43

If you officially say your not going to bid then he can't for another 6 months unless someone else steps in. After the 6 months is up he could make his move anytime but in reality this is a distant dream but who knows. Hope my info is correct ?

[useless23] 12/7/2017 12:37

His statements in his court case lead me to believe he is not as sophisticated as we all think he is. I think the surprise in the results will be that there is no surprise. Maybe there is no ulterior motive to the buyback?!

[stokiematt] 12/7/2017 12:36

If he's actually intending on taking the company private, doesn't he need to give notification at the results?

If so how much notice does he need to give?

[nortic 007] 12/7/2017 12:34

But always honest mate. Don't you worry if he F ups I'll be the first to lay into him :)

[ignoble] 12/7/2017 12:29

How can I tell you are long , lol
☺

[nortic 007] 12/7/2017 12:18

Let's hope he's second guessed them but I does seem rather an obvious play. Don't lend them stock and if you do ask for it back on a minutes notice as they are entitled to do. Bear squeeze City

[ignoble] 12/7/2017 12:13

Knowing there are only 20 million or so left to buy , I bet that "the men in dark glasses " have this stock on their watch list

[nortic 007] 12/7/2017 12:02

I can't see him walking out but more walking out from the City!!

[nortic 007] 12/7/2017 11:26

I keep thinking the same thing Terminated . I think his statement will be interesting and very important .

[terminated] 12/7/2017 11:02

It will be interesting to find out how much cash is left on the balance sheet come results. Unless he announces surprisingly good results he will come under heavy criticism locking down capital in minority holdings when the business needs improving. I know he's thick skinned in more ways than one but he might end up storming out.But he is still buying them under £3. Surely he wouldn't continue doing so knowing they will tank in 8 days time. Surely.... ?

[discodave4] 12/7/2017 08:31

Interesting:hTTp://www.cityam.com/268280/mike-ashleys-recent-court-fiasco-another-hit-sports-directsDD

[nortic 007] 12/7/2017 07:37

SPD still have 27m left to buy. I wonder if they'll try and purchase as many as they can before the cut off point?

[nortic 007] 12/7/2017 07:33

A finance director would have been nice.

[nortic 007] 12/7/2017 07:24

Don't know if this makes any difference but he used to work for Nike. Noticed he's called Mr Daly better than Mr Daley...... "nice little earner Terry".Sports Direct International Plc Directorate ChangesSource: UK Regulatory (RNS & others)TIDMSPDRNS Number : 7795KSports Direct International Plc12 July 201712 July 2017SPORTS DIRECT INTERNATIONAL PLC("Sports Direct" or the "Company")Directorate ChangesSports Direct is pleased to announce the appointment of David Daly as a Non-Executive Director. Mr Daly will join the Board and the audit committee with effect from 2 October 2017.David has 30 years' international experience in the sporting goods industry working for Nike until his retirement in 2015, most recently as Senior Director for Nike's Club and Federation Business based in Amsterdam. He is also a non-executive director of Fulham Football Club.Dr Keith Hellawell, Chairman of Sports Direct, said: "I am delighted that David will be joining Sports Direct as a Non-Executive Director, he will bring very relevant industry expertise and experience to the Board."Mr Daly said: "I am delighted to be given this opportunity to work with the Board on building a strong future for Sports Direct."The Company confirms that there is no information to disclose under paragraphs 9.6.13 R (1) to (6) of the Listing Rules in respect of Mr Daly.Furthermore, the Board was informed on 11 July 2017 that Non-Executive Director Dave Singleton will not stand for re-election at the Company's Annual General Meeting on 6 September 2017, having served on the Board since 2007, and will therefore retire from his position with effect from the conclusion of the Annual General Meeting.Dr Keith Hellawell said: "Dave's skills and expertise will be greatly missed by the Company. I wish him every success in his future endeavours".Mr Singleton said: "I have enjoyed my experience at Sports Direct and wish them much success in the future".The Group's Preliminary Results for FY17 will be announced on 20 July 2017.Ends.

[terminated] 12/7/2017 01:06

Does anyone know how much he has spent on acquiring stakes fnl and debs this year?

[nortic 007] 11/7/2017 22:24

FYI That's a type of buttery bread that looks like a crab.

[nortic 007] 11/7/2017 22:23

Go to bed my naughty little croissant .

[discodave4] 11/7/2017 22:15

They have bought 63,328,023 shares, they had 44,096,565 shares in treasury before the buyback."Thinks are only cheap for a reason !"........yep, just like SPD shares. ps Won't correct your obvious typo as that's somewhat petty and childish.......that said, haha.pps Back to the damp bench and soggy cardboard box, still free wifi though and making a few bob on SB this dog, the famous four will be so glad of the extra donation this month.DD

[nortic 007] 11/7/2017 21:56

Don't tell MA because he'll corner the market . Drinks Direct International.com