Updates

JD Sports - Gain since tip: 578%

February 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

We first tipped JD Sports at 238p in Jan '09 followed with a detailed write-up in August that year at 486p. But it has taken a couple of years for the shares to really catch fire and the latest Christmas trading update says like-for-like sales growth was ahead of the 5.8% delivered in the first half. Gross margins have been maintained. The key driver was a strong performance by the sports fascias although its fashion fascias have continued to be slightly disappointing, not surprising given promotional activity on the high street. For the year ended 31 January, Investec forecasts Â£60.5m pretax (eps 102.9p) with Â£69m (eps 121.1p) this year. Gain to date: 578%. We would be inclined to take some profits.< ...

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JD Sports Fashion (January 2017)

JD Sports - Cash pile climbs from £100m to Â£232m (October 2016)

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JD sports Fashion - Sells Canterbury sports brand for Â£22.7m (September 2012)

JD sports Fashion (August 2012)

JD Sports - Analysts see scope for eps rise to 150p next year (February 2012)

JD Sports (December 2011)

JD Sports (August 2011)

JD Sports (May 2011)

JD Sports - Mulling a bid for JJB Sports (February 2011)

JD Sports (December 2010)

JD Sports Fashion (July 2010)

JD Sports - +227% gain since original tip (May 2010)

JD Sports Fashion - Cash forecast to rise to Â£35m by year end (January 2010)

JD Sports (November 2009)

JD Sports - Up by 350p since Jan tip (October 2009)

JD Sports Fashion - Buys the iconic Canterbury rugby brand (September 2009)

JD Sports Fashion - Looks 50% undervalued compared to peers (August 2009)

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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