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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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JD Sports

January 2017

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:
  • 330p
JD has announced the acquisition of outdoor clothing and equipment retailer, Go Outdoors, for £112.3m, plus assumption of £16m debt. Sheffield based Go Outdoors is a nationwide omni channel retailer with 58 stores mainly in out of town retail parks and for the 53 week period to end January it had sales of £202m and pretax profit of £4.9m. It will nicely complement the group’s outdoor portfolio, which includes Blacks, Milletts, Ultimate Outdoors and Tiso.The shares, which are trading ex a 5-for-1 share split, have gained 602% on our original tip in February ‘09 at 47p and 71% since our more recent main write up at 192.5p in November ‘15. Keep running profits. ...

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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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