Sports Direct Share Discussion Threads

[undervaluedassets] 14/8/2019 09:45

Mike Ahley = Caligula

[undervaluedassets] 14/8/2019 09:43

"We don't want your business. You are too dodgy for even us to take payment from you to help you cook your dodgy books"

that is the message from the auditing fraternity isn't it ..

[spob] 14/8/2019 09:40

someone please clarify

[1 hugoboss] 14/8/2019 09:40

I’m with you on that all the way Debs.Writings on the wall imo.Hope those with their very long trousers on swapped to cut offs now as can’t really see any way back over the coming months.

[spob] 14/8/2019 09:39

I thought your share listing gets cancelled (ie shareholders wiped out) if you do not re-appoint a new auditor after one month ?

[debsdowner] 14/8/2019 09:30

I called this right again, the auditors not wanting to be appointed suggests they aren't happy with the way the company is dealing with the way its own FD is dealing with its figures and or the pressure SPD is putting on the company in relation to its figures.

It smells of "creative accountancy" which if that was not done it could reveal some nast surprises!

[topvest] 14/8/2019 08:03

An interesting situation indeed. The net result of upsetting so many people and companies!

[knigel] 14/8/2019 07:43

So auditor wants out. Not surprised.

[qantas] 13/8/2019 09:13

More than 50 major UK retailers, including Marks & Spencer, Harrods and Iceland, have demanded tax cuts from the government to safeguard the future of the high street amid intense pressure from online rivals. In a letter to the chancellor, Sajid Javid, the bosses of some of the nation's biggest retail chains called for an urgent reform of the business rates system, which taxes companies based on the buildings they occupy. - Guardian

[robot ic1] 13/8/2019 09:09

Qantas ,Ashley is a brilliant billionaire , he has a fantastic mind and he will be the king of the high street by the end of next year .

Will debsdowner be cumming on this thread

[sentimentrules] 12/8/2019 15:25

226+ must hold. It could easily be the determining direction zone for a fair period

Above that, bulls have no reason to fret

[1 hugoboss] 12/8/2019 12:59

Tbh the situation looks absolutely dire.Once this buy back period has elapsed and some more info is gleaned about the overall awful trading conditions and performance across the group in general in a shrinking economy coupled with Newcastle Uniteds obvious trials the spd share price looks primed to totally implode.

[ltcm1] 12/8/2019 12:25

QANTAS it's not looking good then is it.

The Newcastle situation looks awful, Ashley staring at a monster loss there. They look very weak now and could well get relegated.

One day people will work it out and the SPD shares will crater

You can't live off a football club indefinitely!!!

[robot ic1] 12/8/2019 09:10

Qantas ,big mike with the serious spike , will turn this all round .

black gold hammering up

[ignoble] 11/8/2019 13:05

Not particularly inspiring

[debsdowner] 11/8/2019 12:38

Cheap Hoodies in House of Fraser Mike Ashley's claim to be the Harrods of the High street far from the truth:

[robot ic1] 11/8/2019 10:12

Big mike has all the answers to the puzzle on the high street .

Watch him rule as king by the end of next year .

Black gold is hammering up .

[sentimentrules] 09/8/2019 16:38

Well have an aggregate here just above 220. Stop on it now. Breakeven or 300-400 next . Saves checking in for a while

[sentimentrules] 09/8/2019 15:29

Nearly back to the smart money 245.

[debsdowner] 09/8/2019 14:10

World growth slowing down and UK almost in a technical recession and UK economy is shrinking.

Not much more to say get out the tin hats out.

[sentimentrules] 09/8/2019 13:52

What bull market really.. . Been a paper bull . QE.

True values on the way haha

[buywell3] 09/8/2019 13:49

You knockers got this one SO WRONG


BUT if you buy into the idea that Global Downturn is now happening

DEBT and SPENDING by most folks will cease or stop altogether in order to pay their way and eat

For perhaps the next THREE YEARS

Yep 3 YEARS

The BULL market has gone on FAR TOO LONG

Now it is time to pay the piper


dyor

[1 hugoboss] 09/8/2019 13:15

Yep he’ll be the king alright.Unfortunately he’ll be ruling a high street bereft of punters and his latest shenanigans just leave him even more exposed to the continuing decline so very evident here.Been physically on a couple of high streets this week and the lack of numbers in general is concerning but even more alarming for this dinosaur is the total lack of punters in sdp and H of F compared with competitors like jd soorts and even Debenhams.Ruling an increasingly empty kingdom I’m afraid and the dramatic fall could only be months away.