Member Info for Alessandro

Very big rise today

Back in 2020 SImon Cooper sold £14m worth of shares.
Why didn't he buy the same figure at this price? £2m is not much of a purchase when 2 years prior he sold 14m.

9% including the special dividend

I was hoping for something better too, the market reacted a bit too harshly

isn't Peel Hunt's 500p forecast a bit too optimistic? that;s a forward PE of 40-50, provided earnings are in the range of 2018-2019

Two of the biggest US retailers have eased concerns of a recession, reporting resilient consumer spending even though sharp food and fuel inflation are weighing heavily on their customers.

Somero should report its half year results on Wed the 7th

Barclays is the slowest at crediting dividends, about 10 days!

JD doesn't do a significant share of business in Russia. I am maturing the idea that inflation doesn't come significantly from the war in Ukraine. Many small players in the energy sector went burst in winter of 2021, before the events in Ukraine-Russia developed. Inflation was a reality since back then. Not only for energy prices but also cost of raw materials. I remember Unilever saying the cost of palm oil went up 100% when lockdowns were lifted.
Germany now has enough gas reserves to go through winter. I don't see things getting worse, unless there are more conflicts, this time involving China.

How did JP Morgan come up with a valuation of 300 to slash it to 180?
In their eyes, is anything fundamentally changed with JD or do they expect inflation will bite JD significantly? Or was 300p a made up number?

When is the exact date for the interims? is it the 13 of September? It is not clear on their website

Leemu, I am in with a small position, I will add more if it deeps lower. I fear margins will be squeezed due to a number of factors. One of which is shopping turning increasingly more to discount supermarkets, and margin squeeze due to higher cost of wages and energy prices. These two factors may be critical. The latter may be a cost that may be possible to pass on customers.

Cruusoe, it would be worrying if he was betting on Foot Asylum

Inflation is biting and people will be cutting on the non-essential as the weather turns cold with soaring energy bills.
On the other hand fuel prices are coming down, I hope that positive trend continues.
With less disposable income people with opt for staycations, the outdoor stores will benefit from it, however, I don't how much JD makes from Go Outdoors, Blacks, etc. in terms of share of revenue and margins on the total.

The share price almost halved between Aug 21 and Jul 22. What caused such a dramatic drop?

I can't find much broker coverage for Somero. Why no broker has its price target for it?

Newboots, I am not de-ramping Airtel and not 'insinuating'. I don't think a comment from some average Joe can have any influence, even on the smallest company. Mine was a genuine question. I looked at the quick ratio <<1 from different angles. I don't expect a company to have cash reserves equal or greater than its current liabilities, but I feel more comfortable with a quick ratio of at least 0.8, just as I don't understand in depth how financial gearing is managed in times of recession, increasing interest rates or more aggressive competition. I consider mobile operators unable to offer a product at a premium price since mobile bundles are commoditised to an extent, so it is somehow a race to what company can provide services at the lowest price. That being said, Airtel managed to be the third biggest network provider in Africa and I hope the good momentum continues, in terms of acquisition of new customers and reduction of debt (which as you say is on a good trajectory). If you think I am de-ramping, give more power to me, so you can load more shares (and so would I).

Why has Barenberg reduced it rating so much?

How much of a concern the lawsuit for the ben and gerry issue?

Have I missed the boat with this one? it came off my radar a long time ago, sadly. Need to tidy up my watchlist