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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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JD Sports Fashion - Gain to date: 217%

August 2019

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.

  • Epic Code:
  • JD.
  • Price:
  • 611p
The shares soared to a new high of 621p after JD Sports Fashion announced like-for-like sales growth continues to be “encouraging” in its core Sports Fashion fascias both in the UK and internationally. As a result it expects pretax profit to be at least in line with market expectations.During the period it increased its estate by 29 stores (109,000 sq. ft.) including 18 new stores internationally. The latter includes the conversion of six former Chausport stores in France and a net five new stores in Asia Pacific (mainly Malaysia and Australia).Interim results will be announced on 10 September. Originally highlighted at 192.5p in November ‘15 and again as a main write up at 356p in March ‘18, the share ...

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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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