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Share Name Share Symbol Market Type Share ISIN Share Description
Sports Direct International Plc LSE:SPD London Ordinary Share GB00B1QH8P22 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 470.00 469.20 469.80 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 3,359.5 77.5 4.6 102.2 2,505

Sports Direct Share Discussion Threads

Showing 8751 to 8773 of 8850 messages
Chat Pages: 354  353  352  351  350  349  348  347  346  345  344  343  Older
DateSubjectAuthorDiscuss
14/8/2019
15:23
This tells you if you need an audit; https://www.gov.uk/audit-exemptions-for-private-limited-companies So even going private might not be an escape. HMRC are going to love crawling over its accounts once it's fully private (if), and fines for non-compliance will make his life a misery. Any bit-player auditor would also be fined for not doing their job properly.
jonwig
14/8/2019
15:06
"A bit of second level thinking. Mike Ashley is either stupid or rather devious. The number of own goals over the last few months, has led to a very low share price. Let's list a few: numerous deals, late results, spurious tax liability, guidance withdrawn for the current year, slagging everyone off, HoF debacle. Soon the company will have no auditor and he can blame the accountants for having to delist and take full control of his grubby little empire. He can then get an auditor by some corner shop outfit. All seems rather convenient to me! Thoughts?" TOPVEST, like any great conspiracy theory, your suggestion does contain some truths.. but it also contains some inaccuracies & an unfounded conclusion. If MA wanted a lower share price, why would he keep pushing the share price UP with a daily share buy-back?? Instead, he could start re-issuing the shares held in Treasury which WOULD get the price down. As for the auditor situation sure, the Listing Rules might lead to a temporary suspension if an auditor cant be found in the next four weeks. But then it would be up to the DTI to appoint an auditor. Then the shares would be un-suspended. The only way MA can delist is by acquiring 70%+ of the company. Maybe he needs to clear the risk of a potential £605million Belgian liability before doing this.
pj0077
14/8/2019
14:21
Your lucky, he is still buying back shares if you fear for your investment or the share price might be really in the pits.
clocktower
14/8/2019
14:00
A bit of second level thinking. Mike Ashley is either stupid or rather devious. The number of own goals over the last few months, has led to a very low share price. Let's list a few: numerous deals, late results, spurious tax liability, guidance withdrawn for the current year, slagging everyone off, HoF debacle. Soon the company will have no auditor and he can blame the accountants for having to delist and take full control of his grubby little empire. He can then get an auditor by some corner shop outfit. All seems rather convenient to me! Thoughts?
topvest
14/8/2019
12:18
thought so
spob
14/8/2019
12:15
spob, You are 100% correct the shares will be suspended without an auditor.
debsdowner
14/8/2019
12:13
Maybe a rather convenient way to get Sports Direct delisted in Mike Ashley's view. He certainly runs Sports Direct as if it's a private company.
topvest
14/8/2019
12:03
Very telling RNS - even GT don't want to touch SPD. Speaks volumes, as confirmed by the mkt response. Looks like much more buyback in store to prop up the share price They'll be lucky to be above 2 quid come end of August.
spaceparallax
14/8/2019
11:52
Stock market LISTING RULES say they DEFINITELY need an auditor
spob
14/8/2019
11:47
I'm not sure they need an auditor at present, albeit they need one pretty quickly as they are already one quarter through the current year. Any handover is going to be a problem the longer this goes on. Expect a big delay on signing-off the FY20 accounts. GT have left Sports Direct in deep trouble, but they knew it was coming I guess. You can't blame GT as why take the risk auditing this out of control group with a "crazy man" at the helm. They are now reliant on their enemies in Government finding them an auditor. You couldn't make it up.
topvest
14/8/2019
11:42
perhaps Muddy Waters should take a look at this LOL
spob
14/8/2019
11:41
So, I suppose, will Ashley Wonder what the possible implications of that may be?
ignoble
14/8/2019
11:31
Spob, You could well be right the company cannot carry on without an auditor and the company may have to suspend the shares with no auditor and that is why SPD looking to government clarification! The other posters questions mostly related, things don't look at all good and it smells to me of a lot of "creative accountancy" been going on which could throw up some very nasty surprises. So to answer spobs question directly its a "yes" the shares will I believe need to be suspended if the company has no auditor this is grim! Sell now imo otherwise you will be locked out if shares are suspended!
debsdowner
14/8/2019
10:29
And buy a lot more pans lol
useless23
14/8/2019
10:07
More money from the NUFC coffers.. one day the son in law will be 'given' NUFC, to continue the good work of Mr Ashley...!
tony1974
14/8/2019
09:56
Sports Direct boss Mike Ashley's son-in-law scoops another £5million for 'property consulting services' https://www.dailymail.co.uk/money/news/article-7354039/Sports-Direct-boss-Mike-Ashleys-son-law-scoops-5m.html
philanderer
14/8/2019
09:55
Patel & Co Accountants are about to have to start hiring
smcni1968
14/8/2019
09:44
nobody answered my question If no new auditor at agm then shares suspended then if no new auditor within one month shareholders are wiped out YES or NO ?
spob
14/8/2019
09:40
I can sign a piece of paper once a year for a few mil
spob
14/8/2019
09:35
"Sports Direct announces that on 13 August 2019 it purchased 205,952 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 235.83" At the moment,therefore they are down approx £53,000 already! Amazing that a Billion £ outfit can't find an auditor!
2magpies
14/8/2019
08:45
Mike Ahley = Caligula
undervaluedassets
14/8/2019
08:43
"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 ..
undervaluedassets
14/8/2019
08:40
someone please clarify
spob
Chat Pages: 354  353  352  351  350  349  348  347  346  345  344  343  Older
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