Member Info for adamj2021

Wasn't expecting my comment to cause such a stir! Need some drama in the LSE, don't get much excitement here otherwise. I think it's a plausible explanation for why buybacks abruptly stopped. It's a sudden change to preservation of cash, which usually indicates either acquisition of another company or they are being acquired, or financial distress. The latter seems the least likely.

Halting buybacks when the price remains low and there is capacity for more, is rarely done. I think it indicates a buyout offer, which is backed up by the consistent buying pressure. Let's hope it turns out to be the case. If not, then it's a comfy long-term hold regardless.

Deleted your post on your short you opened yesterday pal? Not a very good look.

Easy to short until it's not, but lets be real you wouldn't have the balls to post your losses here too.

Not sure how up 3% is us catching a cold

“The problem with the UK stock market is there are too many short‑term investors.”

“Most shareholders don’t play the long game … That is why we have seen so much take‑private activity, because the valuations just make no sense.”

He added that despite strong turnover growth and global expansion, JD’s share price has fallen around 40% over the past year and dipped a further 15% following the full-year results—blamed partly on investors focusing too much on US tariff concerns

“The money invested in the City has been going down for the last three years, so people are looking for the short term as they need to have liquidity.”

He noted a wave of UK‑listed companies are either going private or exploring overseas listings due to undervaluation and pressure from public investors:

“A wave of UK‑listed companies is being taken private or exploring overseas listings because of perceived undervaluation and growing pressure from public investors.”

When asked if JD Sports is considering an overseas float, Schultz responded:

“It is not for me to answer. It is always a question, but it is for the board to answer.”

You answered a very small part of my message, the success of JD's approach is evident in the business's success. They are a premium sports retailer, if you want to go to a discount retailer then there are plenty of them, but JD isn't that and never will be, hence their solid gross margin. The Manchester opening was an obvious success to even the laymen.

"The stock was plentiful and we sold stuff people actually needed", evidently not given their bankruptcy.

If JD didn't serve the needs of their customers they wouldn't sell products, but they do, a lot of them. The fact that you can buy the items online as well as in store is what it means to be a 21st century agnostic retailer, and I have no idea why that is being sad like it is a bad thing. The store is extremely large and can hold a wide variety of products, far more than an average store, obviously the visuals of the store are just aesthetics.

Not sure what the point you are trying to make other than complain. The opening was evidently a success, and the tapping into popular musicians, sportsmen and entertainers has made a name for the shop on opening. What more do you want?

Alessandro ASOS is not a competitor to JD Sports, it is a near bankrupt fast fashion online-only 'store' has been that relies on discounts, and even if they were they were competing, which they don't, they would do so against less than 25% of JD's revenue. Your post shows you don't understand the company, nor the market, and it is a good thing you aren't invested.

Bazza and his convenient thoughts on a company with 4800 stores in varying geographies in vary demographics being 'about right' in the 80s, what a mastermind, he won't give you his calculations, but trust him, he knows! Your comment on the shares being 'diluted' because there are a high number of shares gave me a good chuckle. Cutting a pizza into a hundred slices, and giving you 50 of those does not mean you get less pizza than cutting it into two pieces and giving you one of them, the same is true for shares in a company.

ASOS has always sold Nike...

"You always know you're stuck in a dog when you start talking about fundamentals and valuation" this was one of the worst things I have read on here, and that's saying something

The idea that retail is showing signs of deflation is laughable, anyone who regularly goes to shops can tell you things aren't getting any cheaper, and haven't since the great financial crisis.

Usual wall st bs, share repurchases are better lower, long term hold

The results are good enough, the focus on shareholder returns will yield results at some point. Noteably the share repurchases are set to end no later than July, will be interesting to see if they begin another set. I will be happy if they do another 100m to take advantage of this ridiculous price. Fun fact this company is now valued the same as when it had 1000 stores, and 2.4 billion in revenue - it now has 5000 stores and 11.5 billion in revenue. When the margins improve this will re-rate massively. When it does those outside of the stock will get left behind.

Buying one large company and one medium sized company will do that to your cash pile Multiplier. Would be interested to see how a company producing consistently 1 billion in cash flow per year with no M&A coming up will soon be going net debt.

Footlocker has lower ROIC, revenue per sq foot, higher debt to equity, lower margins, a smaller presence in the USA. They near double on attempted acquisition. Better believe private equity is licking their lips on the thought of what a far better run, truly global retailer would go for.

"There's just no way to forecast the growth you've predicted given the current outlook." truly an incredible lack of understanding, I give up trying to explain what a discounted cash flow does, goodbye.

Your question implies you do not understand a discounted cash flow so I think I am wasting my time so this will be my final message to try and educate you. The discount rate is jds WACC. The number of years is completely irrelevant when the growth rate is flat, which as I have stated is set to 0. If you think acquiring two leading retailers in their niche just increases debt, after my explanation about how much exactly this increases revenue I can’t help you understand better. I am bullish because the company has the same market cap as it did with 90% less revenue and 80% less stores. The DCF is there just to prove the point that its cash flows are discounted to for 0 growth. If it grows which it will, there is dramatic upside. If you can’t understand what I sent then stop commenting as you are out of your depth, go and do some basic stock valuation due diligence.

Bazza, if you could do me a favour and take the time to read my message, properly. My bear case DCF price output of 1.40 is based on 0% growth, if you want to disagree show me your DCF saying otherwise. The 10% revenue growth I mentioned is stated in the prior released earnings as the consequence of the two acquisitions made. The company acquired is called Hibbett, and to be frank if you can't do this basic due diligence before putting forward an opinion about them, I doubt your criticism of them has any substance.

Bazza, congratulations on writing a comment so untrue it made me login for the first time in a while.

Show me the DCF that has this fairly priced at no growth, will be interested to here how you make that happen with 1.46 billion in operating cash flow. My DCF shows it fairly valued at 1.40 assuming 0% growth. However, it isn't going to be 0% growth is it... there's 10% growth in last years acquisition alone assuming that remains flat. The cash flow margins are historically low, and the management has stated this will be a year of efficiency so expectation is on margins expanding if not this year then definitely next.

The company has never had a non-growth year in it's public existence, and I am set to believe the world cup year will be the one that will lead to no growth? This is why the stock is such a bargain.

Not sure why I took my time out of morning to write this, probably wasted my time. But such is life.