RE: JD30 Dec 2024 00:06
Hi Johnjo,
I appreciate your below comments and it's nice to see other peoples perspective on this share. I'm in no way shape or form an expert on this matter, however what I can say is that JD sports is a total different business model compared to Sports Direct. JD sports is aimed at a certain customer base, hence marketing done by certain sports stars and music artists. Sports Direct on the other hand is a cheap company offering cheap alternatives and is not aiming it's products at a certain market, it's aiming it's products at the masses. Therefore it's clear to say even though they are retailers selling sports goods/clothing, they are aiming their products at certain clientele.
I agree, market conditions are not great, but this is across the board. However I do believe in the product and the shop and it's business model. Yes it will take time to build up it's SP however I do not expect this share price to fall below what it reached during Covid times. I think it will rise at a slow pace but rise she will :)
GLA