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SMT is nice and dull Queeny ..

I guess its what happpens when your ego gets in the way. In the last few months, Mr Ashley has gone from throwing his weight around with corporate pygmies to trying to face off with MP's. Its bonkers, he had a perfectly good business running here, now he is too busy fighting with everyone to notice its struggling. Everytime I see him now he reminds me of Robert Maxwell, and not just because he is a chunky monkey. http://www.bbc.co.uk/news/uk-england-derbyshire-35873396

Chapeau Cambirdge ! nice article ! :-)

We cant pick and choose the bits we like and don't like. I broadly agree MP's have a nice silver spoon in their mouth, and don't deserve many plaudits. However, Mr Ashley is hardly a saint, nor is this stock, its stumbling from one squabble to the next.Successive boardroom defeats, a few conflicts of interest, alleged breach of labour rights laws and a profit warning and we have halved the share price. Even Rage Aganst the Machine signed a big money contract with one of the major labels in the end, there is a game to be played, Mr Ashley would be best served to play it and stop all this grandstanding.

Looks like the MP's opted for a home fixture, rather than the helicopter journey to the away match.

I am not sure all Newcastle supporters are ‘idiots’ Alan Sherear seems to be in the average IQ range to me. He is the only know, but I am sure there is a broad church, and a wide IQ range. As for the team it’s in a relegation dog fight and £130m in debt. Hardly stellar over achievement. Anyway it is a side show for this share, lets wait on the trading update.

Papers posted today, I see we didn't even get a postage paid envelope. Anyway I'm out 30% profit or so, I guess we cant complain :-) Need to find another home for my cash.

I think there are some more fundamental issues. Newcastle are jut a sideshow. I see this one as somewhere between Ryanair and Robert Maxwell's Mirror group. Mr Ashley's recent letter is worrying in that he seems to think he can fight the machine and win. Kodorovsky and Yukos thought that, but lost. Too many petty corporate petty battles, egos and skirmishes with the legislature and judiciary now. Each a red flag, not to mention the weak corporate governance we always knew was there. There is hope for this share, but some worrying red flags too. Only time will tell.

You have clearly lost the plot Queeny. I'll look at the CSN stuff when I get time, with a 6% dividend it has already begun to rebound. SPD seem to operate on the edge of the law, and far below corporate governance standards, when you do that, sometimes those more powerful than you, will intervene. No one has a sneaking admiration for zero hours contracts. Lets get real.

I think Chesnara is a decent safe share with a good dividend, that's why it has bounced back, and why this one is in the doldrums. I am still in CSN. I'll be there for a while yet. No i never seen question time from Dundee, I am sure it was fascinating. I am not sure this shares problems specifically relate to the USC pre-pack admin, and alleged breach in employment law. I think you will find there is a broader set of issues around workers rights, corporate governance, dividend and treatment of shareholders, only time will tell Queeny.

haha you should write GCSE questions. I never assumed anything. I am sure MASH Aviation have a long rental list of non-Mikie companies they provide aviation services for, you think ?

Mikhail Khodorkovsky didn't think much of Putin either .... that didn't end well, for Kodorovsky or Yukos.

Mike just doesn't get it..... I just got this from the news RNS. Why doesn't he make a contribution to his favourite political party and start to play the game?. LONDON, March 11 (Reuters) - Mike Ashley, founder of Sports Direct, Britain's biggest sportswear retailer, has called the chairman of a lawmakers' committee "deliberately antagonistic" in his pursuit of the executive to answer questions about the treatment of his workers. In a letter to Iain Wright, the chairman of Parliament's Business, Innovation and Skills Committee, made public on Friday, Ashley said he was "disgusted" by his stance. This kind of talk isn't going to end well ....

This one seems to be going no where in particular Runner, what are your thoughts? I like the country and sector spreads but nothing seems to be moving. ANW has just taken a step forward, if you fancy another look?

Well if we are closing this one off, I thinks its time to take profits and run. I don't like unit trusts. So i'll take the cash and bail, good luck peeps.

Hi Queeny, I have been travelling just got back yesterday and read about the FCA stuff with chesnara, lll need to make some time to look at it properly. not got time at the moment, I'm around 100% up on Chesnara as I have had it for years, and took profits come time ago. ANW seems to be heading north if anyone is interested in a Thailand. Its a decent time to get in. As for this one Disco the problem is not the court case with Forsey its the scrutiny the stock is drawing. If this stock was paying a dividend, even 1% id buy in at these levels. It not, and that tells you a lot about how mike sees shareholders, plus the corporate governance issues are bad. There are conflicts of interest all over the place. I hope you boys haven't lost too much. Lets hope Mike has more luck turning this ship around than he is having with the Magpies.

Looks like we are moving again, good stuff. BANGKOK (BLOOMBERG) - Thailand's economy grew more than analysts estimated in the fourth quarter as the military government's series of stimulus measures started to bear fruit. Gross domestic product expanded 2.8 per cent in the three months through December from a year earlier, the National Economic and Social Development Board said on Monday (Feb 15). That compares with the 2.6 per cent median estimate in a Bloomberg News survey of 22 analysts. GDP climbed 2.8 per cent in 2015, more than the median forecast of 2.7 per cent in a separate survey. http://www.straitstimes.com/business/economy/thai-economy-expands-more-than-forecast-in-q4-on-government-stimulus

Every time you think this one has hit rock bottom, it seems to fall further, incredible stuff.... Increasingly it looks like MA might take this one back into private hands, its becoming a corporate governance sore in the FTSE. I hope you haven't lost too much disco ....

Maybe its part of mikes plan to drive down the stock price then take it private …

Looks like big mike is denying he plans to buyout the 45% of shareholders. At these prices he is probably making a fair packed if he did. What would be need to pass the resolution at an AGM? Is it a simple 50% or would he need 75%? http://invezz.com/news/equities/22474-Sports-Direct-share-price-Mike-Ashley-urged-to-take-retailer-private