Wallsendmag Posted January 8, 2016 Share Posted January 8, 2016 Doesn't he just end up buying more shares when there's a slump and then makes a killing further down the line? Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted January 8, 2016 Share Posted January 8, 2016 Quite possibly, but he needs the business to recover for that. Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 Plus he needs cash to buy shares with. Doubt he has stashes of cash just lying around. Of course, he could fire-sell us to the Dubai government and re-invest it in SD shares. Here's hoping. Link to post Share on other sites More sharing options...
Matt Posted January 8, 2016 Share Posted January 8, 2016 It's not outlandish to suggest that MA could look to take SD private again with the share price so depressed. He could probably do this without the need to sell NUFC if he could secure enough debt but if he could sell NUFC for a decent sum (and God knows what he'd want) that cash could be crucial in buying back the business and not having to worry about keeping debtholders happy. Link to post Share on other sites More sharing options...
Mistle17 Posted January 8, 2016 Share Posted January 8, 2016 So annoying he's not dead yet. Link to post Share on other sites More sharing options...
Guest antz1uk Posted January 8, 2016 Share Posted January 8, 2016 Oh the weather outside is unhelpful, but the news is so delightful. Since we all think you're a c***, you're a c*** you're a c*** you're a c***. :clap: :lol: Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 Out of FTSE 100 at current market capitalisation in March according to this: http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/12089022/Sports-Direct-issues-profit-warning-poor-Christmas-trading-blames-weather.html Link to post Share on other sites More sharing options...
Wullie Posted January 8, 2016 Share Posted January 8, 2016 Recovered quite a bit before the close. Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 I'm not a stock market specialist, but looks like someone bought 6m worth of shares directly after trading hours (?) and then half an hour later a much smaller transaction (12k worth) was done for some 9% more than the closing price. Looks a bit like manipulation to me, but maybe Matt or someone else can clarify. http://m.lse.co.uk/markets/shareprice/trades.asp?share=SPD Link to post Share on other sites More sharing options...
sempuki Posted January 8, 2016 Share Posted January 8, 2016 Excellent news. Link to post Share on other sites More sharing options...
Mattoon Posted January 8, 2016 Share Posted January 8, 2016 I'm not a stock market specialist, but looks like someone bought 6m worth of shares directly after trading hours (?) and then half an hour later a much smaller transaction (12k worth) was done for some 9% more than the closing price. Looks a bit like manipulation to me, but maybe Matt or someone else can clarify. http://m.lse.co.uk/markets/shareprice/trades.asp?share=SPD Looks like 47k of shares bought at an inflated price too? Link to post Share on other sites More sharing options...
quayside Posted January 8, 2016 Share Posted January 8, 2016 I'm not a stock market specialist, but looks like someone bought 6m worth of shares directly after trading hours (?) and then half an hour later a much smaller transaction (12k worth) was done for some 9% more than the closing price. Looks a bit like manipulation to me, but maybe Matt or someone else can clarify. http://m.lse.co.uk/markets/shareprice/trades.asp?share=SPD Looks like 47k of shares bought at an inflated price too? The £6 million trade was what is called an uncrossing trade. I am not an expert on this but as I understand it an uncrossing trade is an adjusting trade that is put through at the end of the day to balance the trading book up, it isn't a trade where someone actually pays money for the shares. The £47k trade could be at that price (£4.58) because it was a big buy and it took some time to complete the transaction, so the order to buy could have been placed earlier today or even yesterday when the price was higher. Link to post Share on other sites More sharing options...
sempuki Posted January 8, 2016 Share Posted January 8, 2016 https://mobile.twitter.com/thespectoview/status/685537463004213248/photo/1 Link to post Share on other sites More sharing options...
sempuki Posted January 8, 2016 Share Posted January 8, 2016 https://mobile.twitter.com/thespectoview/status/685537463004213248/photo/1 Think McClaren suits this hairstyle better. Link to post Share on other sites More sharing options...
Unbelievable Posted January 8, 2016 Share Posted January 8, 2016 http://www.theguardian.com/business/2016/jan/08/sports-direct-issues-profit-warning-poor-christmas-sales SD only gets 10% from its revenue of online sales, compared to 40% for John Lewis according to this. Surprised by that. Also surprised to see JD Sports has been outperforming them lately. Could his luck be turning? Link to post Share on other sites More sharing options...
Frazzle Posted January 8, 2016 Share Posted January 8, 2016 I doubt most people shopping at SD have computers to be fair. Link to post Share on other sites More sharing options...
magpie1892 Posted January 8, 2016 Share Posted January 8, 2016 Sports Direct shares have taken a hammering today, down nearly 9%. NUFC won't be MA's focus right now. Oh, it really will be, for the 'club' is his £180,000,000 cashpoint for next season if we stay up. SD are not tanking, but they are struggling, and cash from the 'club' is a real godsend for the Slug to support the rest of his businesses (plus the £25m/yr free advertising) He's had us for about half-a-billion to date. Link to post Share on other sites More sharing options...
Varadi Posted January 9, 2016 Share Posted January 9, 2016 He's lost 1 billion in the last month apparently: http://www.independent.co.uk/news/business/news/mike-ashley-loses-1bn-as-sports-direct-shares-crash-a6803521.html Link to post Share on other sites More sharing options...
Guest chopey Posted January 9, 2016 Share Posted January 9, 2016 http://www.theguardian.com/business/2016/jan/08/sports-direct-issues-profit-warning-poor-christmas-sales SD only gets 10% from its revenue of online sales, compared to 40% for John Lewis according to this. Surprised by that. Also surprised to see JD Sports has been outperforming them lately. Could his luck be turning? Apparently Ashley messed up with online sales when he added a delivery charge to your order even when you pick it up in store, he was advised not to do it but did it anyway Link to post Share on other sites More sharing options...
Unbelievable Posted January 9, 2016 Share Posted January 9, 2016 http://www.theguardian.com/business/2016/jan/08/sports-direct-issues-profit-warning-poor-christmas-sales SD only gets 10% from its revenue of online sales, compared to 40% for John Lewis according to this. Surprised by that. Also surprised to see JD Sports has been outperforming them lately. Could his luck be turning? Apparently Ashley messed up with online sales when he added a delivery charge to your order even when you pick it up in store, he was advised not to do it but did it anyway Ok, that definetely does not support my statement that he is a good businessman Link to post Share on other sites More sharing options...
sempuki Posted January 9, 2016 Share Posted January 9, 2016 He's lost 1 billion in the last month apparently: http://www.independent.co.uk/news/business/news/mike-ashley-loses-1bn-as-sports-direct-shares-crash-a6803521.html That's a hit and a half. Link to post Share on other sites More sharing options...
geordiesteve710 Posted January 9, 2016 Share Posted January 9, 2016 http://www.theguardian.com/business/2016/jan/08/sports-direct-issues-profit-warning-poor-christmas-sales SD only gets 10% from its revenue of online sales, compared to 40% for John Lewis according to this. Surprised by that. Also surprised to see JD Sports has been outperforming them lately. Could his luck be turning? Apparently Ashley messed up with online sales when he added a delivery charge to your order even when you pick it up in store, he was advised not to do it but did it anyway Ok, that definetely does not support my statement that he is a good businessman But on the other hand it does at least back up all of your previous statements about what a shitcunt he is. Glass half full and all that. Link to post Share on other sites More sharing options...
Jackie Broon Posted January 9, 2016 Share Posted January 9, 2016 He's lost 1 billion in the last month apparently: http://www.independent.co.uk/news/business/news/mike-ashley-loses-1bn-as-sports-direct-shares-crash-a6803521.html That's a hit and a half. Ashley sold £200m worth of shares last year. I imagine he'll see this slump in value as an opportunity to increase his shareholding again, as he has done very successfully in the past. Link to post Share on other sites More sharing options...
wyn davies Posted January 9, 2016 Share Posted January 9, 2016 Apparently Ashley messed up with online sales when he added a delivery charge to your order even when you pick it up in store, he was advised not to do it but did it anyway no different to buying a car,you pick it up from the show room yet still charge you for delivery Link to post Share on other sites More sharing options...
Unbelievable Posted January 9, 2016 Share Posted January 9, 2016 Apparently Ashley messed up with online sales when he added a delivery charge to your order even when you pick it up in store, he was advised not to do it but did it anyway no different to buying a car,you pick it up from the show room yet still charge you for delivery What? I can only assume you have never bought anything online. It's not normally more expensive to order online and collect than it is to go into the shop and buy it offline, which it sounds like he's doing. Link to post Share on other sites More sharing options...
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