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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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JD Sports Fashion - Terrific 133% gain to date

June 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:
  • 449p
A terrific 2017 already for JD, which has surged from 315p to 449p and is now well up since we wrote about the shares at 192.5p in November ‘15 (adjusted for last November’s five-for-one share split).Driving them on were results that achieved NEXT year’s forecasts a year early with pretax profit for the year ending January ’17 increasing 56% to £244.7m (forecasts: £225m) on sales that rose 31% to £2.38bn. As Peel Hunt says, “this reflects what the right product, well merchandised, can achieve in the current environment...while it’s skilfully exploited the trainer (and athleisure) trend tail-wind that’s off the Beaufort Scale.”Eps increased 54% to 19p while net ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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