Member Info for Kent1

The rights issue would still have the same diluting effect, what ever the amount of shares in issue, consolidating does not change the maths.

It happens a lot, particularly when a parcel is sold or bought when the spread is narrow and there is some reason the market believes that the trade outcome is different to what it was.

11p I doubt it.

No he doesn't always get it right, he had large short on Home Retail Group then Sainsbury's came in and made a bid. Must of lost a packet.

If JPR folds the press will have a field day, they like nothing more than writing about their competitors.

Any thoughts anyone?

The recent change has improved sentiment in the stock.

With the greatest of respect its never ever been 2p a share.

I don't feel a could make a comment on that, other than to say that they are firms everyone has heard of. I feel a break above 5p is more than likely soon.

A company like this with a large amount of concession departments renting areas, I don't see the issue raised. If there is excess space in Oxford Street, and that some thinking outside the box brings new tenants for office space it can't be bad news. Must be said its been done before with the tie up between Liberty and Marylebone Warwick Balfour a few years ago.

Silence is deafening here.

Debenhams, French Connection, Game Digital, Goals Soccer all have one thing in common. Other than Mike Ashley as shareholder, they are all performing badly. Mike might be a great businessman, but as for picking stocks, a child with a newspaper and a pin would do better.

Yes AJ16 I agree he has tried to talk it up and at one point was talking of buying millions of shares. However there has been very little out of the company, recent appointments aside. So speculation has perhaps taken more root than usual.

Wrong Wrong Wrong PE ratios in a declining retail market are a complete red herring. Dividends best not to count on those. As for a boring stock one should look elsewhere!

Is it not that Mike Ashley dealings in the stock are not transparent and therefore the market thinks the worse?

Value of equities are not defined by a few weeks even on Budget day.

He has shown suspect judgement accepting a job hosting a TV show on Russian RT channel.

Bit slow on that.

Brokers 12% spread is a bit greedy.

Whilst the decision to change the year end and buy an expensive freehold in the Far East were perhaps mistimed, running any retailer these days is difficult. For instance making online a preference can be costly and demean the value of the retail estate. As for Cath Kidson its difficult to know how durable the revenues are when half the sales are bought as gifts, given the fickle nature of the consumer.