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Although this has not been officially released , I heard that once private ,the company is to be renamed Supernova!

Adidas up again today , over 6%!

Lucky lordlucan - I don't think it will go lower but tbf I did'nt think it would hit117p!

So interest rates in UK and USA will be higher for longer pushing up bank profits but SP still way down on a week or so ago- makes no sense to me.

The company think that the answer to current problems is to sell more product so that the US facilities are fully utilised. Growth driven by the marketing ceo. Predators will see cost cuts as the answer and hopefully they will bid.

RNS looks good to me - hope the market agrees,

What odds are they offering on a rising shareprice?

I think the company is turning into ocado - delivery of jam scheduled for tomorrow!

So they stop flights to Israel freeing up capacity for elsewhere this summer. No big deal IMV especially since other airlines are suffering from the Boeing and engine fall out restricting capacity.

Paul, well done you cant go wrong at that price imv.

N1, there is only one person who sees value in this 90s brand and that is JD - so who would buy and take on all the liabilities? In any event it seems Hilco are in charge and over the next 5 years will disappear altogether - gone for a Burton.lol.

Oi -Oi , I think a listing on nasdaq is inevitable , myabe they will announce that move with the next results. Grossly undervalued because the city dont trust them!

I am thinking that adidas or nike or burberry could see this as a useful brand to add to their offering or even Frasers who are trying to go up market.

Bought some more after selling my hfd and average now 86p - and hopeful that a takeover will see me in profit.

One of the issues in the RNS is the over investment in america - warehouse , which means there will be huge efficiencies if the company becomes part of a larger group. Furthermore I am not sure that the all the standalone shops they have are an efficient use of capital and the departure of the CEO is an admission that he has seriously messed up imv.

Ripe for a takeover at this price and with the ceo departing - all lined up nicely imv.

Gunsup, the market sets the rates on government bonds and the more shaky the UK looks the higher the yield. B of E is trying to reduce rates with that rate burden in mind BUT cannot manipulate the cpi figures[ which imv are already a manipultaion of the real rpi figure] so will be stuck with leaving the rates at 5%. We shall see...

Adidas now up 4.5% and google tells me we do sell Samba trainers - so great news imv .

Adidas up 3% today bc of sales of Sambas? trainers - do we sell them?

88, I totally agree - interest rates in UK were 5% around 1800 and that historically seems about the right level - I think we will end the year at that level.