Sports Direct Share Discussion Threads

[robot ic1] 09/8/2019 08:18

Qantas good morning , Big Mike is a billionaire he can be the king of the high street by end of next year .

I can see mike Ashley being a trillionair in 10 years time

roll up buy them while they are cheap.

[qantas] 09/8/2019 08:17

Shorts attack easy target Woodford, the real hyenas

Despite their low diversity, hyenas are unique and vital components of most African ecosystems.



Please do your own research as it is your money.

[sentimentrules] 08/8/2019 11:22

Looking good lads. Order the Turkey..

[robot ic1] 08/8/2019 08:27

Ashley is a loads of money rich guy with his head in full focus on how to make money and be the king of the high street .
well done him .

[debsdowner] 08/8/2019 07:45

pj,

"That's not quite right as Ashley's 61% holding is calculated assuming the Treasury shares have already been cancelled as they are non-voting when in Treasury."

Just waking up but surely you are wrong the correct holding is as this figure suggests not the penultimate paragraph 51.5% !

[pj0077] 08/8/2019 07:40

"Just a thought, if MA/Mash holdings now own 62% of SPD and Mike decides to cancel the 108,000,000 share in treasury/buy back, then suddenly he own 82%+, thought I’d mention it like!"



That's not quite right as Ashley's 61% holding is calculated assuming the Treasury shares have already been cancelled as they are non-voting when in Treasury.

Taking the numbers from the last Report & Accounts (which havent changed much in the past year)
"As at 18 July 2018, there are 640,602,369 ordinary shares of 10p in issue and fully paid, of which 103,633,049 were
held in treasury. "

At the time, Ashley/Mash Holdings held 330,000 shares

So INCLUSING the Treasury shares his holding is 330/640.6 = 51.5%

EXCLUDING the Treasury shares = 330 / (640.6-103.6) = 61.4%




.

[pj0077] 08/8/2019 07:40

"Just a thought, if MA/Mash holdings now own 62% of SPD and Mike decides to cancel the 108,000,000 share in treasury/buy back, then suddenly he own 82%+, thought I’d mention it like!"



That's not quite right as Ashley's 61% holding is calculated assuming the Treasury shares have already been cancelled as they are non-voting when in Treasury.

Taking the numbers from the last Report & Accounts (which havent changed much in the past year)
"As at 18 July 2018, there are 640,602,369 ordinary shares of 10p in issue and fully paid, of which 103,633,049 were
held in treasury. "

At the time, Ashley/Mash Holdings held 330,000 shares

So INCLUSING the Treasury shares his holding is 330/640.6 = 51.5%

EXCLUDING the Treasury shares = 330 / (640.6-103.6) = 61.4%




.

[sentimentrules] 07/8/2019 15:04

Its why shorters (off futures) cant touch it

[gbenson1] 07/8/2019 14:53

Just a thought, if MA/Mash holdings now own 62% of SPD and Mike decides to cancel the 108,000,000 share in treasury/buy back, then suddenly he own 82%+, thought I'd mention it like!

[buywell3] 07/8/2019 14:15

Ho Ho

SP numbers going up and post numbers going down

[sentimentrules] 07/8/2019 14:09

Wtf is black gold? Obviously not crude

[robot ic1] 07/8/2019 13:27

Qantas, SPD HAMMERING UP JUST LIKE WE SAID IT WOULD DO .

I HOPE DEBSDOWNER REALISES WE ARE CORRECT AGAIN .

TYPING IN BOLD AS THE DAY HAS BEEN KIND TO ME .

BLACK GOLD HAMMERING UP.

[clocktower] 07/8/2019 11:17

Upward blips, downward spirals when they come imo.

[sentimentrules] 07/8/2019 11:01

Let's hope 245 by Friday week. Smart money there pre data. And I think most of them at the data low. Going to be a great Xmas gift because in my analysis they have no intention of offloading 245.

[qantas] 07/8/2019 09:41

SPD looking great hammering up.

Please do your own research as always.

[sentimentrules] 06/8/2019 17:21

Not a bad reaction day at all. Don't think it mattered if ftse was down .7% our up .7%. This seems a fair day digesting the deal and post report.

[sentimentrules] 06/8/2019 14:20

Every investor has a different perspective in one stock. Just all depends on buy price.

[buywell3] 06/8/2019 14:12

Well done MA

They doubters never saw that one coming

[1 hugoboss] 06/8/2019 13:57

Yeh I�ve noticed the stock hammering up over the last month from plus 260 Are you for real? .The stock can hardly push through 220 on what some folk mystifyingly perceive as good news.Another attempt to mask the huge problems brewing here by Ashley.At the end if the day ANOTHER retail basket case and liability on the books lol. The gloom just gets larger and more difficult to manage on a seemingly daily basis.

[qantas] 06/8/2019 13:23

SPD Shorts doomed to failure hammering up.

Please do your own research as always.

[sentimentrules] 06/8/2019 12:42

Back to 245 by end of next week will sort of confirm it.

If it hits 245p by then reflect on the masterful play of being at 245p and lower pre report. The timing of the news where it gapped down a price most bailed at on the day 're December 18 lows. The discount the shares were picked up for. It was brilliant.

Of course only theory until fruition re 245 again

[sentimentrules] 06/8/2019 12:36

Don't forget the other positive PJ

City are backing it. But just imo of course

[ltcm1] 06/8/2019 12:31

It will be facinating to see how Ashley fares in HoF this Christmas.

Will HoF be running a big TV ad campaign I wonder? Watch out Jonny Lewis!

[pj0077] 06/8/2019 12:26

There's a lot of moving parts to SPD at the moment:

NEGATIVES
* the CFO has been fired
* the auditor Grant Thornton has tendered it's resignation
* the Belgian tax authorities are seeking a payment of Eur674million

POSITIVES
* the Jack Wills acquistion



Difficult one to call...