Member Info for Discodave4561

Hello Hottentot, hope you maintained faith in your skill and didn't try shorting today after it made so much effort to stay above 1200!. Credit Suisse upgrade from under perform sp 770 to neutral and 1150. Not quite as bad as DB but still way off the mark......and slow to realise it!. DD

ruck, thanks, well balanced article. Nice to also see confirmation of ones own thoughts and sp targets reaffirmed by someone who knows a damn site more than me. DD

Fair play MTB. GL DD

When Aunty Janet puts everyone's mind at ease tomorrow this will (hopefully) continue on its merry way. As you say taking a well earned rest and £12 is giving support. GL DD

To buy back in here. Will see if it bounces tomorrow or heads towards next support at 278, next stop after that will be the gap fill at about 260......less than 280 it's very tempting!. DD

Sharetrooper121 Any chance you can expand on that please?........or try looking at it the right way up, the lowest price is bottom left, the highest EVER price is top right! :) DD

Thanks. Didn't realise you had a thread on GC so will post there in future if feel the need to pick your brains again!, appreciate your feedback. DD

Many thanks for sharing, appreciated. Will stick at the demo for a while and see how it goes before using my hard earned!. One last question if you don't mind, what sb site do you use?. Apologies everyone for off topic. DD

Evening Hott, Apolologies everyone for off topic - Do you ever trade on 5min?, or is 4 hourly preferable? Contemplating some fx day trading but tbh tried out IG demo using 5 minute and lost a fortune! good job it's only the demo :). Thanks in advance. DD

Today's drop, or a good chunk of it once the US opened, was down to talk of the FED increasing interest rates in the not too distant future, hence URI is down nearly 7% as I type - the yanks love to manipulate the markets!. DD

tidd83, Agree completely, seems crazy to me. Just like not hedging knowing that a vote to leave the EU was approaching. Not too surprising I suppose though as they still don't have a CFO after 18 months, only an acting CFO who is paid only £80k pa, so he probably thought (pre the vote) F&£k em!. DD

tidd83 Any views on their strategic plan in terms of property acquisition? MA seems to be on a death wish IMV, thought he was committed to addressing governance issues then tells the market they will invest the equivalent of their forecasted earnings (�300m pa) into property acquisition and thus ensuring his future son in law gets a decent commission. Whilst the Oxford St purchase was a sound investment in itself IMV yesterday was not the time to remind everyone that SPD / MA will make his daughters boyfriend a multi millionaire. DD

Hi jimyol, JD's five year average PE is 21 (currently it's 21.7), it's nit at the value end of the sports retail market and they are still growing earnings, quite the opposite to SPD in more ways than one. SPD's five year average PE is 16, that's when they were a growth stock and rated likewise, they definitely are not growth now, not with 21% reduction in forecast EBITDA. IMV a PE of 13 tops is all it should be rated at, thats just my view and wtfdik. I dont feel that at its current price there is much profit to be had as a LT investment, 9% uplift by Fy17 to 350 providing they actually manage to get things sorted and hit their targets simply isn't worth the risk IMV. DD

Not too certain it is. For transparency not currently holder, have held and was looking to get back in but the trading statement today has made me think again. EBITDA FY17 now forecast to be around £300m, thats 21% less than last year and only works out at about 27p eps. So taking a PE of 12 or 13 (as this IMV doesnt warrant any higher as is definitely ex growth!), so forcast sp about 337. So if all targets are met for FY17 there may be 5% uplift to be had here for a LTH. Just my opinion and wtfdik. GL DD

Eric, is Wressmycase still here ramping?, on filter so cant tell. Either way I hope he has realised now what a sham this is and gets out at least at B/even, nobody deserves to be losing money here when the BoD are raking it in and happy to keep doing so by the looks of things. GL DD DD

Thanks Matt, yep very much tongue in cheek. Hope Hott got out ok in the end. Shorting or long every decent player deserves a profit. Falling back a bit now as people take some profit, then hopefully the Yoodles will drive it back up a bit (not too much though as always ends up just giving some back the following day). GL DD

Excellent results, even though I did think they would be slightly better, oh well, wtfdik!. Hott - I will pray that your stop loss was at 1327.3 (that is right isn't it?, shorts with stops confuse me as to which way it would be set! - need some tuition from you Hott). GL DD

Any forecasts for tomorrow's Q1 results? My guess is they will beat the consensus as they did in the last quarter, so Q1 profit before tax circa �212m, eps of about 27p - 28p (perhaps minimum 26p). Annualised this would give year end eps of about 110p, say a PE of 15, so that's a target price of �1650. We will see!. GL DD

Best of luck to you with your plan. BDEV tomorrow so will be interesting to see how all other builders respond, particularly as they have all had a good day today. DD

Jibber, Thought grades around 1g/t is ok for open pit, the drill results average just over 1g/t. Agree though that the grades are not exactly mega-grades as Ed inferred. This does have potential but it's still a pos IMV because the BoD couldn't plan a **** up in a brewery. Unless they get a JV then further placings will be required for further drilling / mapping and that will kill the sp. Was in two minds to just sell up after today's news and pathetic sp action, will see how it goes over the next few days. It's more apparent now as well that the 0.0249 was the discounted shares being flipped, wasn't because of mega news on its way and people in the know - this still stinks!. DD