Sports Direct Share Discussion Threads

[multiplural] 26/3/2018 09:44

So they probably got out of their Finish Line with a small profit. FINL bought by JD for 13.50$ per share. Unless SPD bids up.

[qantas] 16/3/2018 02:31

Why not buy Debenhams....

Have an adventure

target='window'>https://www.bloomberg.com/news/videos/2018-03-13/sports-direct-sees-a-lot-of-synergies-in-debenhams-stake-video

Please do your own research....

[qantas] 06/3/2018 22:27

Debenhams to rent flagship store space to hot deskers



Please do your own research...

[ianood] 06/3/2018 08:26

always has been!

[sum493] 06/3/2018 08:19

how are sportsdirect acquisitions faring? this company is now a bit of a wild horse - it is difficult to valuate.

[ignoble] 02/3/2018 19:26

The lights are on at his house this evening so he is still here
Lol

[ltcm1] 02/3/2018 19:01

Is Mike about to move to Monaco and do a Philip Green??? I.E. pay himself enormous dividends while running SD down???

[ricer93] 02/3/2018 11:25

sportsdirect nows owns 29.7% of debenhams!!

[qantas] 01/3/2018 10:18

Sports direct buying more shares now at 23.07% or 1,227,822,150 shares

Please do your own research.

[ricer93] 01/3/2018 09:39

why does sportsdirect keeps buying shares in debenhams? now mike owns 23.07% of debenhams - what's his strategy there? He's bought at much higher levels so must be sitting at a big loss.

[qantas] 20/2/2018 17:22

Shares in Sports Direct closed at 357.6 pence today morning trading, valuing the business at £1.94bn.

Ashley owns 61 per cent of the equity.

The retailer is trying to revive sales and profit growth with smarter stores that sell more premium products from the likes of Nike and Adidas.

Please do your own research.

[pillow] 06/2/2018 04:32

Panic and Bloodbath

[terminated] 25/1/2018 12:48

On the upside to usd is now 143 against 132 a few weeks ago. That nearly a 10% improvement and as he didn't hedge properly this has be a positive boost to profits.

[ltcm1] 09/1/2018 18:00

You might think there would be an RNS then. Oh sorry I forgot, Mike doesn't play by the City rules.

MA can't even get the Barcodes deal done, he's totally lost his mojo.

Those London property buys are starting to look toppy too.

And his US forays are stumbling.

Is it all going Pete Tong for the beer swilling kebab muncher???

[ignoble] 04/1/2018 16:09

Ouch
Hopefully Newcastle F.C. will be sold
which will release some funds for MA

[ltcm1] 04/1/2018 14:14

Mike's down 50 million on Debenhams according to the Evening Standard.

[discodave4] 18/12/2017 23:58

Canaccord reiterates sell at a target price of 203p.

[ianood] 15/12/2017 08:47

"Fair value is about £2 for this lot"
How do you arrive at that figure?

[deanowls] 15/12/2017 03:39

There's a load of value in property and brands in there.

[buoycat] 15/12/2017 01:44

MA may feel that at the current price Sports Direct is vulnerable to a private equity buy out, which has the same effect, landing the company with a large debt.

[ltcm1] 14/12/2017 18:51

They don't even pretend it isn't manipulated now. Fair value is about £2 for this lot.

But as MA holds nearly all the shares is makes sense to borrow to support the price.

[deanowls] 14/12/2017 14:58

Not really at the price they bought them.

[ricer93] 14/12/2017 12:51

they loaded debt to buy their own shares? isn't that bonkers?