strong buy at this level
IMO
That is something you will need to decide yourself.
Personally am holding for great profits.
DYOR IMHO6
Sure hope 30p is on the cards this week.
Just bought some more this morning.
Personally am looking for 48p by end Summer.996
Demand Continuing
Trading in the period reflects the ongoing healthy growth trends in TT's focus end-markets and the strength of our customer relationships. Group revenue was 6 per cent higher than the previous year on a constant currency basis and 5 per cent higher on an organic1 basis.
Order intake continues to run well ahead of revenue with book to bill for the four months running at 151 per cent.
Expecting some action soon
IMO
profit doubled last year
now 119.65p to buy
so should hit somewhere in that range over the next few months
In London, JD Sports surged 6.6% as it released its delayed annual results which showed the athleisure retailer booked a record performance in its recently ended financial year but warned that further growth would be held back by global volatility.
For the year ended January 29, the FTSE 100 listed firm doubled pretax profit to GBP654.7 million from GBP324.0 million the year prior. Pretax profit before exceptional items more than doubled to GBP947.2 million from GBP421.3 million.
The record profit came on revenue that grew 39% to GBP8.56 billion from GBP6.17 billion.
Alliancenews
JD Sports Fashion PLC on Wednesday released its delayed annual results which showed the athleisure retailer booked a record performance in its recently ended financial year but warned that further growth would be held back by global volatility.
For the year ended January 29, the FTSE 100 listed firm doubled pretax profit to GBP654.7 million from GBP324.0 million the year prior. Pretax profit before exceptional items more than doubled to GBP947.2 million from GBP421.3 million.
This was also more than double the company's previous record pretax profit before exceptional items of GBP438.8 million in its pre-Covid financial year ended February 1, 2020.
The record profit came on revenue that grew 39% to GBP8.56 billion from GBP6.17 billion.
JD Sports attributed the UK performance to a "strong retention of sales through digital channels" in the first quarter during store closures, and robust demand returning upon the reopening as restrictions were relaxed.
It also noted its similarly strong performance in the US benefited from "favourable trading conditions" following the second round of fiscal stimulus from the US Federal Government.
The results had been delayed in early February to allow KPMG more time to complete the audit, and for JD Sports to report on the conclusion of Footasylum divestment "with greater certainty".
The retailer reaffirmed its disappointment with the decision of the UK Competition & Markets Authority to require the divestment of footwear seller, but noted a "number of parties" have expressed interest in acquiring the business.
Alliance News
highest 255p
lowest 190p
https://www.tipranks.com/stocks/gb:thg/forecast
has a long way to go from 75p
Trenners
Hope you are right.
If I had spare funds I would buy more (at current ultra-low price) but cannot currently.
Elsewhere in London, THG lost 29% after two suitors ended their pursuit of the online beauty products vendor.
Venture capital firm Candy Ventures, owned by Nick Candy, said it does not plan on making a bid for THG. It had said in May it was in the "very early stages" of considering a possible offer.
Candy's decision to not mount a firm offer follows a private equity consortium which earlier on Thursday also confirmed its interest in THG will not result in an official bid.
Belerion Capital Group confirmed that it, together with King Street Capital Management LP, does not intend to make a takeover offer for THG.
Like many am sitting on a huge paper-loss.
I still think SP is worth 250p minimum, but when will this be achieved?
Once all the dust has settled
IMHO DYOR