Member Info for Isengard7

i disagree with RegScales. for sports direct, fashion is largely irrelevant. Chavs just want cheap clothes with recognizable sports brand on the label. That is their primary market segment. Also sports direct sell a lot of nike branded clothes and products. somehow I can't see nike going out of fashion anytime soon. Just my opinion but I think its reasonable.

to summarize in just 4 words. bad press. good fundamentals.

easy solution. get robots. much cheaper and more efficient. and they don't complain. better for the share price for SPD and JD. http://www.telegraph.co.uk/business/2016/12/15/jd-sports-launches-investigation-warehouse-conditions-following/

been slated for their warehouses as well. but funny how the mainstream media is trying to suppress that. hypocrites and double standards. Working in a warehouse is not meant to be a picnic in the park. would the mainstream media and the establishment rather see warehouse workers replaced with robots and machines? They need to pipe down. or there will be a lot of job losses.

SPD got slated for theirs. JD's warehouses are probably just as bad. the culture of warehouses in the way they are managed is fairly standard. but the mainstream media have nothing real to report. so they will pick on poor standards in warehouses. working in a warehouse is not meant to be a picnic. would they rather see warehouse workers replaced with machines and robots? rhetorical question.

its the solid investments that normally have the quieter boards. very little to complain about.

just to put into perspective April 15 to April 16 net profit increased over 15%. yet share price fell more than half in last 12 months. once media forgets about SPD and they move on to some other juicy gossip, the share price should pick up again. £4 wouldn't be an absurd price target to put on this company.

£4 is achievable but likely to be some twists and turns but it gets there depending on media and the press. that seems to have had more influence on the share price than the actual fundamentals this year. and the share price is disconnected from reality as a result. Making this a punt on whether the share price can recover. if the hysteria in the media calms down then £4 is not a preposterous price target in the near term.

its funny how whenever the share price starts to recover the media is always there to to beat it back down again. media can only sustain it for so long before readers just get bored of reading the same rubbish day in day out.

*transformational

its going through some growing pains. i still think its a good long term punt. but judging by directer sells i don't think anything informational will happen in the short term.

could be worse. they could be messing around with lthose poxy £40 a month fibre and line rentals. that's a real time, admin and cost drain on any telecom company.

i wonder if it was a stop loss that triggered that. even i will admit that doesn't look good that 3 of them did it at the same time. if it was just 1 you could excuse it. and £0.5m contract over 15 years isn't anything to shout about either. only 33k a year. £2750 per month. nothing special. For once I have to agree with El Humpherrys. 10gig circuits are much more lucrative. With 10gig circuits you can rake in about 10 to 15k a month. lets say 10k for a conservative value. that's 120k a year. would have been worth £1.8m on a 15 year contract. and the additional admin expense isn't going to be much more than for a 1gig circuit. and 15 years is mental. they better have a decent early termination penalty fee for that contract.

scary thing for EU is that I have read Germany won't bailout DB. If that's true that will definitely be catastrophic. One would think brexit would keep us insulated and that GBP will steadily recover unless I am living on another planet.

FTSE is at one of the highest levels its ever been. over 7k. and recently smashed 7.1k. FTSE 250 also broke its record. Market looks very toppy. hard to see whether FTSE is lagging behind the currency or if the currency is lagging behind the stock market. I hope its the latter. I predict GBP/EURO exchange rate will improve dramatically once DB goes under and when Germany buckles and drags the rest Eurozone down. I think that could be the turning point. pain now and comfort later.

I think Mike Ashley is loving it right now. he can keep doing the share buybacks at more competitive prices than his own stores lol. And then flip them when the currency crisis blows over. We will be glad we left the EU when Deutsche Bank collapses. apparently its got derivative exposure in the trillions, 20 times greater than Germany's gross domestic product. Brexit will probably mean we will be insulated from the blowback that causes.

PE ratio of 4 coming up. if not by year end then early next year.

book values aren't the same as market values. "According to analyst Megabuyte, the national network assets that are for sales originally cost KCOM £238m but are now valued at £42m." http://www.channelregister.co.uk/2015/11/30/kcom_network_assets_sale_half_year/ Also quote taken from the 2015 results " The consideration of £90.0m in cash is estimated by the Directors to represent a 45% discount to costs of replicating the networks." not trying to be argumentative just balancing it out.

I don't agree. I think its public knowledge within the telecoms industry that CF typically invoice resellers annual rentals. resellers as far as I am aware lock down their customers to 3 or 5 year contracts. again I think this is fairly well known within the industry if your familiar with it.

same again please.