Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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This actual platform has made an investment error too - some of the words (especially parts of words) that the programme censors is comical.
Took me a while to see what offence you had committed, TomBeef, in your response to the other poster. Orwellian stuff :)
t****1968, it’s all good :) we all make small errors, mine was buying asos shares ;)
Mike, ref other stocks , i like plus because it is a money making machine and MSI because it has lots of cash on its balance sheet and has defence products which it has started selling in USA. DYOR and good luck.
Apologies, school boy error on my part. I did not look at the number of shares in issue in relation to Hibbet. Inc. Now having looked at the market cap and share price, I am now able to see that there are far fewer shares outstanding in this company compared to JD. Point taken, we will move on. Ignore the paragraph regarding this. The point I was making is that US listed shares appear to be more expensive than UK listed stocks but I failed to do further research into the Market Cap.
Goodness me, shocking.
Please research market cap, and shares in issue.
Comparing one share price to another companies is pointless, you have to look at the market cap which is divided by the shares in issue which gives you the share price.
I don't understand this either "When you look at the fundamentals of JD compared to Hibbett, the JD share price of £1.19 compared to $86.25 seems strange."
"When you look at the fundamentals of JD compared to Hibbett, the JD share price of £1.19 compared to $86.25 seems strange."
No... No, this can't be serious. It just can't... 🫣
The markets in general, particularly the US ones are due a 10 per cent + correction. Jd was close to 100p territory in February so there is more to fall on this.
Just in response to the latest US data. More key material tomorrow. Markets fearing the stagflation scenario, IMO.
Anyway, the chart here looked like it wanted to go lower, and so it has.
Am going to sit on my hands with this one for now; feels like we are going to have the chance to buy cheaper and not just here. GLA.
Only going down so others can buy in, it’ll be back to 150p by June.
I’m off for fish and chips at the seaside x
Your right, sinking like the titanic
Managed to buy some £1.16, let’s hope for a recovery.
Price in freefall at 116.10 now.
Monopolyman
im not so certain at moment bought in 117,but seem strong resistance around 117/118,in fact a bit to stubborn.if go lower would buy again.
but the price so low its laughable
Share price has plunged from 127 two days ago to 117.40 now. It seems to be heading towards 115 today.
I have held here since flotation and witnessed sp drops often following acquisition announcement followed by recovery and more , so assuming that pattern is repeated all will be good. Imv the company was worth £2 per share before the latest buy !
Limited risk. Good strong profitable business that accelerates JD’s presence in the US. There are always integration challenges/costs, but as the board say, it should be earnings accretive in year one.
Current price more related to the expectation that interest rates will stay higher for longer due to US inflation. It’s more challenging to cut your own interest rates (UK) in this scenario due to the risk of importing inflation (lots of goods traded in USD). And of course the guidance for this year was pretty big, bit of wait and see approach being taken by the looks of it.
It's moderately risky considering the current economic climate. This takeover is clearly a gamble that will either see the company sky rocket in value or else fall down a slippery slope. Imo the company will struggle in the short term but long term it'll prove to be a successful strategy.
How risky?
Down to 118 this morning. As expected the risky acquisition has led to the share price dropping.
Apologies, the after hours trade was for £7 million, over 5.4 million shares in one trade. Doesn't say if it was a buy or sell.
Been quite a frustrating month with the good news at the end of March followed by the update yesterday regarding the proposed acquisition of Hibbett to see the share price back below the 120 level again. I am aware of the open shorts taken out against JD. I noticed the after hours trading of a very large trade amounting to £5 million. This was not the UT as this was also shown a few trades below this one. Could this be a short position being closed.
I bought into JD in January and I am planning to hold until the end of the year. I am hoping that the share price will climb to 200 and I will sell my holding and move on. I did swither about selling some of my shares when it reached 135 and then buying again in the dip but I did not so hoping that the short positions are closed soon to allow this share price to climb.
Maybe the trading statement in May will influence the price so that the short positions will finally close.
Hopefully FF could enlighten us with his level 2 access to let us know if any of the open short positions under 0.5% have closed.
Hopefully the longer term of sporting events this year coupled with an improved economy will help.
When you look at the fundamentals of JD compared to Hibbett, the JD share price of £1.19 compared to $86.25 seems strange.
Are US listed shares way over priced or are the UK listed shares under valued.
Glad you’ve all kissed and made up :)
Predictions for where this is going?
I’m very heavy in a few stocks at the moment, jd been one of them and the other a gold miner. Both doing well but I’m interested what everyone else has there eye on?
For me tcap look enticing at these prices.
More expansion here:
https://www.proactiveinvestors.co.uk/companies/news/1046038/jd-sports-us-investment-bank-positive-on-retailer-s-1-1bn-deal-1046038.html
Blimey megla
did not see you coming back that strong if at all
( genuine ) I have liked reading lot of your posts
respect