Good deal for Ashly and no one else14 Jul 2017 10:15
No one will make a dime out of Mike Ashley: His speciality is buying failed companies at zero cost or lowest cost,, his preferable price is "£1 and a packet of cigarettes'' this price needs no share holders taking a profit.
It does allow for sports direct to purchase from him at ''his profit'' this company.. let us bear in mind I seem to remember Ashly has no dividend from his massive share holding in sports direct.
So he has to privately buy companies to sell on,,,,,,,,,,, like a chinese purchaser,, he only buys at bankrupt prices.. on the cheap,,,,,,,,,,,,, lets face it buying a bust company on the cheap means very little down side,, lets face every one can turn a profit on a ''£1 purchase + a packet of cigarettes'
''This is a private buy on the cheap,, to re-sell on to sports direct for a nice profit'',, as he is chairman,, sports direct has to buy as he is the boss
Good deal for Ashly,, and no one else,, it will never be for anyone else
''I will guess he is cursing as the deal is out in the open''
ps: let us also bear in mind ,, holding stock of games is like holding stock of memory cards,, it is always going out of date with a new console or game coming out,, a sale in these shops is never for a discount,, it absolate despairate need to get rid of old style games,, because something new has come out