Member Info for Beo1

My Mrs definitely has been getting regular updates.

Payroll systems are now fully operational, with prior months payslips showing.

Castle Donnington (the DC) has been ramping up this week, this means the food deliveries will be much more alligned with demand, last few months, effectively the suppliers have just been in control of this, resulting in massive amounts of food waste. Things are getting better!

Crazy reaction. The market has take this down due to both structural issues & macro, To get over 4% sales growth and over 1% LfL growth in an economy that shrunk, with blame laid at retails door, to then come in at those figures is actually a strong performance IMO. Imagine if the last 2 months the economy had grown. I bought more, this will correct to some degree but the road to 400p seems a long way off

Next week isn't it? 15th

Thats their opinion! Its a forum, we are all allowed one.

A lot of the internal systems are set for go live this week, EG payroll system etc, so could see some sort of turnaround in momentum

IMO DYOR etc etc etc In case JDS takes issue

Considering the next update is due August, that leaves us a bit screwed

Shame, Barclays took their profit and ran it seems, whatever they hold is now below the disclosure threshold, so could have been all of the 5%. Explains the big drop yesterday

Strange no buybacks last 3 days, only spent £70m of the £100m and deadline of 31st July to complete

Internally sounds like things are improving, online sales fulfilment is getting better. But they are still way over ordering stock, the amount of food going to waste is crazy at the moment, seems they are so scared of losing food sales they have gone the total opposite way. So I don't think the food sales will be down, but yes clothing will be due to YoY online sales.

More balls than you it seems? you had conviction it was going to drop more when at 72p, should have more conviction now its at 76p surely?

Ok, your not a fan of JD, we got it last time, we get it this time. You Short? otherwise why come on here to talk it down all the time, if you don't fancy it to invest in.

Know we are all biased in one way or another, but if I had £3.6b to invest and could get £600m pa after tax on the downside, payback in 6 years, discounted payback in 7 years, with really high cash conversion, then I'd snap it up. But Pentland et al wont sell anywhere near that, so yes on £800m pbt i do think its undervalued. Just as I think overall the FTSE100 is, will it ever realise its true value, who knows, but the current SP isn't priced for growth as it stands, its priced well below doomsday scenario at the moment.

Yes at 800m pbt i would say it does look cheap.

End of season sales aren't a new thing! I was in trafford centre on sunday and the footfall was as busy as its ever been, if not more. JD was busy, although the fad of the hairdresser seemed just that, no one using it, just the guy stood their waiting.

Hard to stay optimistic with JD at the moment. seems a fight between us and airlines for the current dog of the ftse100. No news we go down, macro news we go down even more. This heading for low 60s again in a few weeks unfortunately, with no agreements in place states side on most tariffs, which then become applicable in early July.

Taking a bit of a hit today, poor end to week considering all the buying and positive movement we've seen this week

Yeh, he's so good at predicting the lows and shorting, he only got in at 75p, (probably claim he's shorting from higher though)

Https://uk.marketscreener.com/quote/stock/JD-SPORTS-FASHION-PLC-16860081/company-shareholders/

according to this, it was 2.71% some time recently, so since then they have accumulated of 23m shares, seems crazy to think that sort of buying and just sliding SP, perhaps off book?

Could have been bought over some time, its just they have now met the threshold, the notification bar is 3%, so they could have been under for some time, but means they bought at least 0.167% of the company in the last week, or 8.6m shares at least, what with that and the buybacks beggars to belief how we are down over 7% in a week

But your right this is painful at times, far to heavily invested here (financially and emotionaly :-))

Whilst the company makes over £2m of profit per day, its shareholders have collectively been losing £38m a day (based on the 1% per day drop we seem to be getting on average)

No, if they simply wanted to delist then it just needs shareholder approval, we would still own the shares, just have next to zero ability to trade them, hence the comment about the tank the SP would take under that scenario. US listing, also shareholder approval, but we would then have to trade via US market, so you'd need to sign the form that allows you too