Updates

JD Sports - Up by 350p since Jan tip

October 2009

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.

As expected JD released an excellent set of H1 results. Helped by part year contributions from two acquisitions (French footwear retailer Chausport in May and Kooga Rugby in July) sales were up 8% to Â£323m and adjusted pretax profit (excluding onerous lease provisions) was up by 14% to Â£14.2m before an unrealised forex loss of Â£0.85m, which is expected to reverse in H2. Earnings per share were up 15% to 20.5p. Period end cash was Â£5.9m.Bolstered by the purchase of the Canterbury rugby brand after the period end, JD presented these results in three operating segments - sports retail, fashion retail and wholesale. Within these results there was like-for-like growth of 0.7% (Sports fascias 0.3% and fashion fascias 3.1%) and altho ...

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Kentz

JD Sports Fashion - Forecast £100m higher than projected 18 months ago (February 2017)

JD Sports Fashion (January 2017)

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

JD Sports - Sports fashion side sees +10% like-for-like sales for second year running (May 2016)

JD Sports Fashion - Another 10% upgrade to forecasts (February 2016)

JD Sports Fashion - Consistently good performer (January 2016)

JD Sports - Gain since tip: 578% (February 2014)

JD Sports Fashion (December 2012)

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

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

JD Sports - Fashion retailer and brand owner on PE of 3.5 (January 2009)

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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