The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
This firm is as dead as the dodo
Incorrect
Your confusing the Saudi sports fund with the Audi investment fund
The investment fund are no fools, all must contribute
And when it comes the lifestyle drag out of the Ethiopian mine which is still a decade away (if it ever happens), Kefi shares will need to provide jet over a billion confetti shares probably a lot more.
JD will not make anything substantial from the up coming euro championship
JD are a fashion sports retailer, they do not chase volume of football kit sales the same way Fraser do.
Look at financial influx from previous world cup and euros, they get no more than a small reference in previous updates.
Fully expected the management to prove themselves last year, and yet it was generally a year of little achievement
I am not sure I will give them beyond this summer to start bringing in income, the board are yet to prove themselves as being able to deliver and at some point you have to move on if the company is being lead by incompetence.
Lack of progress a real concern and the lack of honesty in an RNS to acknowledge frustrations with company development is a red flag.
Nothing did happen in Dec that helps shareholders , share price continues downward trajectory and no sign of profit/dividends
Lack of action for over a year a red flag
Snap election next week (7th Feb), no changes expected.
Reported today Kazak economy best growth in 2023 compared to past 10 years
Further internal investment also announced
https://astanatimes.com/2024/01/kazakhstan-to-launch-180-manufacturing-industry-projects-worth-3-3-billion-in-2024/
Next update due in March
Misconception on this board that JD will get a share price boost up to 25p from the euros.
JD is a fashion retailer not a sports retailer.
sports direct will do well from the euros, it won’t have such a big impact at JD .
JD have problems, some of their current successful lines are getting tired such as Montarex, it’s no longer the go to brand,
They need fresh impetus and stock to stay relevant, not an easy task.