Member Info for Carrot13

Think it just depends on the buybacks and timings of them, goes up to encourage the sells to fill buyback orders, once at limit drops back.

The real winners today are the staff at the job centre in Aberdeen, who had expected to be incredibly busy with new applicants but can now put their feet up for another month.

Yes they are paying more for buybacks than they were a few weeks ago but at 90p we are still talking about some of the lowest prices in the last 5 years, buybacks at £1 will still look shrewd when the price is £1.50.

“There continues to be no certainty that an offer will be made by Sidara even if the pre-conditions to the Possible Offer are satisfied or waived. This announcement is being made with the consent of Sidara.“

Been looking at their LinkedIn recently, new stores opening in New Zealand, Thailand… also came across this from other sources;

https://www.jdsports.com.ph/

Given the rise from 60s to 90s I have no issue with a bit of consolidation at 90p, let people take profits and let new people take positions, this resistance level will become the new support level once ready and let’s hope for some good results.

Could be the last day your shares are worth anything, even though they are technically worthless at the moment anyway, but if Sidara walk it really is curtain time.

Not today, nearly sold at high 89s this morning but watched it go to 90s and left it… by the time I looked again it was low 89s and didn’t the point in trying. Only traded it once and that was yesterday. I think this could be £2 before the end of next year if everything falls into place and my view is that everything will fall into place.

Really need a more robust ‘trade deal’ with China (and Vietnam) as well as reasonable economic figures, a decent first quarter… a friendlier position between US and EU, and Ukraine and Russia, would also help to get near the or above £1.20 mark but that doesn’t mean £1.20 isn’t fair value… the company is currently making enough to warrant that, but there is also a lot going on at the moment keeping investors cautious (and rightly so) but these are all fixable in the short term.

This year JD is expected to come in at £915-935m acquisitions will add approx £100m however next year forecast is £878-982 mainly due to uncertainties, NI increase and a few other bits - general consensus is they will be flat… however given the amount of uncertainty at the time (and continuing) when these forecasts were made there is scope for figures to vary significantly either side, those long are backing figures above expectations, although basic value calculations show that this is currently trading at a discount to both current and forecast based on EPS, P/E ratios and other metrics, whether you agree they will be able to maintain these, exceed or fail to meet this is your own call but some risk is mitigated by the fact it’s already reading at a discount.

Falcon I have been here for a while, held to the 60s and back up, long here until next year at least unless it hits £1.50 sooner rather than later, with a trade now and again.. the fools on WG I told them for weeks/months that their offer would be circa 40p, they were all calling me an idiot saying it would be £1.50+. As soon as the 35p offer was mooted it was time to have some fun, a lot of clowns there down big and very desperate and also unaware of risks but suspect it will get taken at 35p.

Was there a buy back Friday, I didnt see any RNS. Actually managed to catch a quick trade today, sell 89.24 buy 86.96… as you say it has been quite consistent lately with an early gap up, sell off throughout the day and then a jump back at the end.

If the Nike share price likes it and the Dow Jones likes it then I like it too.

Only thing you really missed is a chance for bigger gains, if a bank offered you 50% returns over 2 years money locked in you’d snap their hand off and ask how much and what the catch is. They will consistently make close to £1bn a year now, £1.50 is barely fair value. Of course £1.50 could have been more than a bag from the lows, but 50% is not to be sniffed at, even if Sir Donald is a bit naughty again this year just buy/hold for World Cup gains to come.

It will be interesting to see what their dividend approach is this year as they have historically paid very little so that they could reinvest it back into the business, however anyone who watched the last investor presentation with Regis et al. will be aware that they have (in their own words) moved to a new phase with a focus on investor returns which is what prompted the buyback.

They have also (finally) updated this set of pages:

https://www.jdplc.com/investor-relations/consensus/default.aspx

2025 financial calendar

21 May: FY25 results/Q126 update

July: Annual General Meeting

August: Q226 trading update

September: H126 results

November: Q326 trading update

Although last time I posted this (from their RNS) it ended up a different date.

Imho why would Sidara have set a condition of the accounts being published before they bid, if allowing the publication of the accounts would put them and their 35p offer in a weaker position and invite more bids. Surely they would want to get it done and dusted before hand unless they feel the accounts will put their offer in a more favourable position to shareholders.

On the other hand if they can’t appease the lenders then it’s 35p or administration for woods group… my money is on administration.

You’re screwed, your shorts are round your ankles along with your pants thanks to woods group.

“ Daz, Dogger is obviously another plonker like Sham who have lost a big in the past and can't get over it so he will post negative comments all day long. Sad individuals”

Instead of currently being £40,000 down with another £40,000 locked in suspension and desperately posting positives every day?