Member Info for Hoss13

Realist1,

No Footlocker in that list?

Aggressive land grab in the current retail climate is a very smart move IMO. 300p SP within 2/3 years is possible here once real recovery to the sector kicks in.

1100 new stores acquired for the cost of less than current annual profits…..smart move. Easier (and cheaper) to acquire 1100 stores with sales data, footfall, leases in place & simply re-fit & re-stock. A roll out of 1100 (problematic stores will be closed) stores singularly would be 5+ years of graft & costs.

Great move IMO

It’s certainly obvious who missed the boat last week……

But revenue continues to grow…..if your point is true….JD are simply taking more market share away from competitors. 🤷🏻‍♂️.

Monopolyman….

Let’s not forget the vast majority of JD customers likely dont have mortgages,,or maybe even rent! 15-25yo likely still living at home. IMO we’re over the worst in this SP.

JD’s operating in 21+ territories dilutes risk too, it’s not all U.K. & US

You’ve lost me. Have a nice Easter 🐣

Thanks JackArmy, sounds like you missed the start of the correction.

Good luck

Mine & the wife’s ISA’s up a combined £67,500 after yesterday, & I shifted my 2yo sons junior isa all onto JD on weds, he’s now sat on £26k from £18k investment in 12 months 👀

Thanks as always FF for your updates, holding now until we see £1.75+

Interesting read after Nike relentlessly went after D2C since lockdown, they’ve admitted they must focus on wholesale moving forward.

Multi-Brand retail is the future where an ever shortening consumer attention span seeks a time saving one stop shop.

I sold out a business to JD back in 2018, AND had a brand stocked in there until 18 months ago. The JD account was our most profitable by far…..Nike will NEVER restrict JD, if anything they will want to work even closer.

Come the update on the 28th, this current SP will be a distant memory. I’m buying more Monday!

Good luck all

https://footwearnews-com.cdn.ampproject.org/c/s/footwearnews.com/business/earnings/nike-wholesale-push-q4-analysts-1203604082/amp/

*grabs the popcorn*.....

Footasylum reporting positive results. Galvanising JD SP or taking more UK market share?

https://www.drapersonline.com/news/footasylum-hails-record-results-as-store-roll-out-continues?utm_medium=Social&utm_source=LinkedIn#Echobox=1709194991-2

Grabbed another £10k today, average now down under £1.10 :)

Jonny1875........we buy more! :)

Megla,

based on your small mention of US listing for JD. If this was to happen in the future, what would happen to FTSE listing and therefore the current shares held by 'us'. Ive never heard/seen a company de-list from FTSE to appear over the pond, or could they be listed on both?

Grabbed another £15k today bringing my holding to £80k @ 1.11 avg. pretty happy with that

I own 5 x apparel brands, & we’ve collectively had our best Dec & Jan since 2016, and we used to be in JD. This is a no brainer. 📈

FF

Sterling prediction this morning. You pretty much called it 👏🏽

👏🏽👏🏽👏🏽

Does anyone think JD could still come in under £900m after a disastrous trading Jan? We’ll obviously not find out until the summer.

Sorry StanAccy I think you’re a mile away.

JD stock full football inventory, in the U.K. AND just as importantly in Europe. They are in all major European markets, so right under the football fans noses, SD aren’t.

You’ve shared a very U.K. specific view, JD are global and more importantly for the euros…..spread across the continent.

Montirex is only sold in U.K. & Ireland.