Member Info for Littleaston

Yes, a good set of results all round, with debt reduction.

Let's see what happens at the opening and thereafter.

It always falls on results. Let's hope that changes.

If it falls again, it shows how crooked the stock market is, as well as corrupt.

Lorenzo,

Definitely my largest position, have been mostly in cash, waiting for days like this, also buying Nwg, Barc, Vty.

I will then sell JD covering every penny up, such an easy way to make money.

I have covered every 1p drop on this share, as I do not know how low it will go.

I will the reap the rewards later, they will come.

Have done this so many times, a great trading share. I do not know of any other.

The doom mongers come out when share price is falling, then when the share price is rising, all the geniuses come out stating how clever they are.

The RNS will stop the rise, a hefty loss.

Have decided to back another winner, just come aboard with 10k shares at 565p

7 figure profit, was achieved, trading and income. All mainly in Shell.

I am covering every penny down, I will reap the rewards later.

Https://citywire.com/funds-insider/news/expert-view-big-technologies-df-capital-jd-sports-inchcape-and-mitchells-and-butlers/a2481898?page=3

Alessandro,

Picked it up this morning, in my inbox. It was from Citywire.

Hargreaves warns on further JD Sports profit downgrades

Hargreaves Lansdown has warned JD Sports could lower profit guidance again at next week’s update.

The Citywire Elite Companies A-rated athleisurewear retailer will deliver its fourth quarter trading statement next week but analyst Aarin Chiekrie warned it may be disappointing for shareholders.

The group ‘went into the peak Christmas trading period on the back foot’ having lowered its full-year pre-tax profit guidance from £878m to £853m in November due to weak macroeconomic factors and a slowdown in consumer spending.

‘Trading of late has been particularly soft in the UK, made more difficult by recent hikes in employer taxes and minimum wages,’ said Cheikrie.

‘Markets are expecting to hear that demand on home soil has remained subdued when the group releases its trading update next week.’

The US is, however, its largest market by sales and investors are hoping to here its increased size following the acquisition of Hibbett is bringing efficiencies.

Although Chiekrie said ‘it could be some time before it has a meaningful impact on the bottom line’.

‘In the meantime, European consumers are coming under some pressure. As a result, it wouldn’t be a surprise to see full-year profit guidance get lowered again at next week’s update,’ he said.

Shares in JD Sports were trading down 1.2%, or 1p, at 82p having lost 11% over one year.

I have sold all the shares I bought 8 days ago, now waiting for the next drop.

Meanwhile have other shares to trade.

This is a share for trading. Every trading update has resulted in a decent drop.

Drifting27,

I had been in Shell since 2015, have done very well out of them. Seriously, I had accumulated around 55000 shares since then, trading and dividends, all in family tax free accounts. Sold all my holdings around 2800, last year.

Now, I miss them so much, have started to buy them back again. Bought 6000 yesterday, loads of orders placed for any further drops. Profit was in seven figures. So that is my win, not the lottery, which I do not participate in anyway, as the odds are stacked against me.

I have started buying back all those sold previously. Purchased 6076 shares this morning on various accounts, another 48000 to go.

PHNX at 223p?

The budget may provide an opportunity to pick up some shares on the cheap.

Svend,

I really love you optimism. The price fizzles out at 700p.

This is a great trading share. I will keep trading it until it breaks the trend. Are you trading it at all?

JD Sports: Is now the time to invest?

JD Sports is falling behind in the short-term but Hargreaves Lansdown says that doesn’t mean there isn’t long-term opportunities.

The Citywire Elite Companies + rated athleisurewear retailer reported a 1.7% fall in like-for-like sales in the third quarter to £3bn and lowered guidance for full-year pre-tax profit from £878m to £853m.

Analyst Aarin Chiekrie said the performance was ‘largely as expected’, and if recent acquisitions were included, total sales would have risen by 8.1%.

‘Trading across the UK remains particularly weak, with recent changes to employer taxes and minimum wages bringing a handful of extra costs and challenges,’ he said,

JD Sports has blamed weaker macroeconomic and consumer data as the reason for the cut in profit guidance, glossing over improving trends.

‘While that’s disappointing, the longer-term opportunity ahead looks promising given its strong market position.,’ said Chiekrie.

‘Trading at just 6.3 times next year’s earnings, the valuation offers plenty of upside potential if it can return to growth in key markets. And if investors are patient enough to ride out some uncertainty over the next couple of years, it could prove to be a very attractive entry point.’

Shares in JD Sports were trading down 2.7%, or 2.1p, at 78p on Thursday.

Totally agree, house brokers, anything they say should be disregarded.