Member Info for Debacle

Dear Rich 124,

Why would you just make up some fake news like that? What is your motive?

A quick look on the website confirms that this is 21/05/2019.

How hard is this really?

Hare's moving again - PIs will be considering their options once there's 60p on the table

Hi Rahan,

I hope it fares well for you.

Personally, having been burnt previously, I would always wait at least 2 days before investing in such a drop - they tend to fall further before picking up again - look at Foot after the first big drop. Takes a while for the deck to be shuffled under the table as it were. All IMHO etc etc

As I mull over the rollercaoaster ride that is being a holder here I am simply thankful that I didn't bung any wedge on Quiz - hard times for those invested there before today.

I will hold here until an adequate return for my patience has been achieved

The hare's finally moving - they'll take my whole pile for 46p but i'll wait thank you very much for asking

meh

marky5858

"You can acquire a company in more ways than just buying shares"

What are you taking about here? - an asset purchase loll?!

Oh please share your wisdom as to how else the company may be acquired.

Waiting with interest dear boy (meh)

marky5858

You need to look at the maths sir or perhaps you simply don't understand how these things work. 65% of shares held by board/family etc, 21% held by JD/Pentland who are looking to increase to 29.9% How on earth do you think that some other entity can make a move for acquisition given that only 14% shares (possibly moving to 5%) are out there? MA! What a joke!

Just to be clear here - Under rule 2.8, JD cannot make an offer for Foot for 6 months unless agreed by the board (other scenarios being discounted). All we have is an intention to acquire up to 29.9% and confirmation that it is not intending to make an offer. JD are not yet at 29.9 and the premium price paid so far was surely just to prize large chunks away from the previous holders who required a decent return. No-one is clear how they intend to acquire the remaining shares but I would suggest that this may be over a longer term than some appear to be hoping for. If you are looking for the takeover then bear the above in mind, otherwise be invested based on the fundamentals of the business. DYOR

Have to fundamentally disagree with your opinion Marky5858 regarding Footasylum going to the wall in 6 months. This is a growth company who have been increasing turnover year on year and becoming very successful in online marketing and sales. They have curtailed the physical expansion going forward which seems sensible and are working on the margins and expenses which has been the issue over the last 12 months. DYOR etc

More news of encouraging initiatives and results for online sales:-

https://www.figarodigital.co.uk/article/fg_topic/social-media/

What do you mean by "Not been this low for a while" - Unless you are a day trader and you have a different definition of "a while" then I have no idea what you are talking about. The share price is dropping because there are more sells than meaningful buys but looking longer term (and by this I mean a couple of weeks or months as opposed to tomorrow) you might just find that a whole bunch of drip drip drip sells will be packaged up into a mighty big buy or not as the case may be. Good luck but would suggest patience is required right now. No one out here knows anything definitive that can help you.

Just to avoid any element of doubt, the 2000 shares at 44.4p were me topping up. Last top up was at 25p! Ho hum.

Peel Hunt act for JD Sports....

Just google Peel Hunt JD Sports and their agenda is revealed....

I am happy to rough it out and hold for the long term.

Good to see that Adidas limited edition releases such as collaboration with TFL are getting launched this weekend through limited retailers including Footasylum - the kids were queueing round the block for em last time

I have no clue but suspect that this is a tree shake exercise to take out some stops or tempt short term investors to bail and go elsewhere. The fruit will then be packaged up and sold in tasty lumps bit by bit. All IMHO Natch.

does this mean that market makers are working on a pre agreed fee to fill orders so don't need the usual spread - gawd knows but the person who bought at 33.9 - what was that about?

That would be a £10,000 purchase inc a £12 fee

Topping up here and there I bought 1000 shares this morning at 30.3 - obviously this shows as a sell.