Member Info for NorrisCole

Not sure, Prudential also down heavily today 7%

Indeed a nice contract win. Seems to be a struggle to break the 12p level currently - company still undervalued in my point of view ...

Agreed Rivaldo - good to see some follow-through momentum in the SP here which has been lacking in recent years, where it has seemed to be range-bound between 5p & 10p. I've been a very long -term holder here, back to the days when they were known as Screen so have seen the ups and downs. Again, nice tick up in the SP today and still very undervalued.

Aviva also down by 4% today

SP down from nudging 3,700p to 2,700p, a drop of 27% - any ideas behind the fall? I saw a broker put out a sell note in recent days, but this looks very overdone from a fundamentals view ...

More good news on the contract win here. Still very undervalued in my opinion ...

Agreed Bobat - good news received a couple of days ago and a little disappointing not to see further buying through yesterday ... Been following the company from when it was formerly Screen, and still undervalued in my opinion ...

Very good news indeed for the company and SP. And welcome to see the 10p SP now breached ....

The deal flow in recent months with contract renewals and the award of a significant new contract is welcome ... Still undervalued in my opinion, but as long as the company can successfully renew contracts and pick up new business, this will underpin the SP moving forwards ..

Agreed Norfolkian - no doubt the pullback in SP can be attributed to Nvidia ...... Likewise topped up. Was 80p 2/3 weeks ago

The SP decline here is getting a little worrisome, down by a third in recent months on good results and a decent outlook.

Something seems amiss here, especially with the company in 'strategic discussions'

I agree - undervalued if looking at the current SP to current NAV, which is largely the property portfolio less debt.

The SP is taking a hit for a couple of reasons. Unite's occupancy rates have fallen by a couple of percentage point (to around 95%) and Empiric, which Unite is looking to acquire, has also noted a reduction in occupancy rates to just shy of 90%. The market will be looking to assess whether the downturn in occupancy rates continues or just a blip.

The key metric (which is likely not to be available to shareholders) is to what extent are reductions/discounts in room rates evident to maintain occupancy rates, however this will be borne out in the margin line. The worst case scenario is that occupancy rates continue to fall and also that room rates also fall/discounting increases in order to help fill rooms.

The future increase in tuition fees will not help, as will the trend for students to favour Universities close to where they live to avoid moving into PBSA.

Food inflation figures have fallen ...

Nice uptick here .... what does Polo Tang at UBS have to say about this who issued an effective downgrade a few days ago? Goes to show that analysts know as much as anyone else ...

Agree that any UK tax hikes will hit discretionary spend, however, although the UK remains a significant market for JD, by far its largest market is the US. Not sure if the SP is getting hit by UK outlook or whether there are issues in the US.

Nice one .... and much awaited. Finally moved back into profit last week after a long time under water ...

Good to see PEG announce new contract win, alluded to in the June 2025 interims ....

Quickwin - also have to consider here that JD Sports' largest market (in terms of its stores) is now the US, so the impact of UK retail data (although will have a bearing on overall group performance) is now less pronounced at group level. The stock used to be influenced to some extent by Footlocker's performance and sentiment .....

Good set of earnings ...

Positive news here and a bright spark against current challenging markets as seen by recruiters Hays, Page & Robert Walters.

At 240p/share, translates to 6.8p/share (pre-consolidation). Historically has traded at 10p/share (350p on a consolidated basis) so still looking cheap to me.

Fill your boots .... I can see a good 40% uptick from here, and its'll still be cheap ...

Tending to agree SG - this is now trading only a few pence above the levels seen a few weeks ago when the Winterflood sale was announced (which was the point I bailed out on) which was prior to the SC/FCA announcements in early August. Looks like clearing a lot of the uncertainty out of the way with the SC ruling hasn't translated into a sustained bounce back for the SP after it hit 550p following the ruling.

Maybe time to have a nibble at these prices ....

Difficult to see exactly where the recovery will come from re SSP. I think undoubtedly its caught in the retail downgrade by Deutsche Bank and also down in sympathy with Greggs and Dominos which are cautious on their recent outlooks.

I travel a fair bit between Bristol, Cheltenham and London stations and stations appear busy. However, when I looked at prices that SSP were charging at their Upper Crust outlet and £6+ for a baguette, I for one didn't take them up on it. If it was priced at £3/£4 I may have been more receptive. There's a psychological pricing point for certain people. Most places you get a takeaway coffee its likely to start with a 3 in terms of pricing. Move that to starting with a 4 and people will just not pay it as its deemed 'too expensive' and 'not providing value'. Tie that into constraints on consumer spend then this will also not work in SSP's favour. That said, SSP's franchised M&S and Sainsburys' station stores seem to be doing well and also very busy when I go in them ...