Sports Direct Share Discussion Threads

[robot ic1] 06/8/2019 08:18

Qantas , Mike Ashley on another spending spree .

Blackgold hammering up.

[pj0077] 06/8/2019 07:38

Jack Wills had gross assets of £98,965,000 and made a net profit (after exceptional items) of £19,206,000.A sound piece of business to acquire this for £12,750,000.

[sentimentrules] 05/8/2019 23:05

What a round of indices culls on the futures again. Wow

[ltcm1] 05/8/2019 19:36

I agree it is a good deal in isolation, would be fine if he did one of these a year.

This is getting crazy though, SPD hardly has any management and there is a lot to do on deals like this, he hasn't got the skills in this field unlike Philip Day.

The initial deal might be cheap but he will still need a lot of working capital to keep the brand relevant.

[sentimentrules] 05/8/2019 19:05

Not a bad deal at all. Of course, market needs to agree lol

[clocktower] 05/8/2019 18:46

For a change this ones not a bad deal, as the brand fits in nicely to his group of larger stores but I still believe its headed South and one is better short than long imo.

What a right royal mess HoF is in, and some of his other investments are proving to be a problem it seems.

[sentimentrules] 05/8/2019 16:28

How's 214 doin? Somebody supporting it? Tomorrow will be interesting. Day 3 on the counter. MA may get a free ride,

[qantas] 05/8/2019 13:51

debsdowner this is a nice brand



Please do your own research as always.

[sentimentrules] 05/8/2019 12:44

Just like I do 😀

[sentimentrules] 05/8/2019 12:41

Chapaeau given its the very first compliment I ever got, I want to say thank you haha

Sometimes though, markets are not only perceived 'your way'. Which is unfortunate. You'd make a fortune daily if it was...

[sentimentrules] 05/8/2019 11:44

Problem for shorters is 214-183

Massive flows and volume to battle against. So they might cut their short hold futures in the area. And then more importantly , buy

[sentimentrules] 05/8/2019 11:41

214 a big price again. Either he supports there or will wait the cheaper 200p. No other price between matters much really

Micro lot 214 bought. One for 200 at the ready.

I rarely do this type of transaction in a stock. Roll on data manipulation day haha

They might try to just ease support 214 And let day three of drop look after itself

[spaceparallax] 05/8/2019 09:36

SP looking dippy this morning - the 2 quid level is looking likely during August.

[sentimentrules] 03/8/2019 12:16

Black gold? They still call crude That? I think that day it's long gone

[ignoble] 03/8/2019 07:08

Gordon Bennett
Just reading that MA is in a battle to buy Jack Wills which apparently is a Retail Chain that is struggling for cash

He will be after a supermarket chain next, lol

[konradpuss] 02/8/2019 21:31

Senti, spot on!

[sentimentrules] 02/8/2019 21:14

And clear the decks. Get back to the ceo chair for 6 months. Dump all family and friends and whoever recent advisors were.
And hire proven winners. Soon sorted.

[konradpuss] 02/8/2019 21:11

If you listen to Warren, Berkshire would have been must larger if they had borrowed money. If you look at New International who did, they nearly went bust in the early '90's.

Mike should just reduce borrowings and 'stick to his knitting' and get rid of the stuff he does not really understand.

Mike, stick to Sports Direct and pay down the debt, Oh and treat your shareholders with respects.

[sentimentrules] 02/8/2019 20:48

Hard to think of a listed company not in some form of debt today be it loans or dividend. Can't be many

Give him an extended credit line to Xmas. Then cut it if you like lol