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JD Sports Fashion (JD.)

Sector:

General Retailers

Index:

FTSE Small Cap

Market Cap

£111.73m

Change Today

Price Down-1.50p ()

Share Price

231.50p

Tuesday tips round-up: Thomas Cook, John David, RM

Date: Tuesday 10 Jun 2008

LONDON (ShareCast) - After performing strongly over the first four months of the year, travel group Thomas Cook's share price has fallen nearly 15% over the last month, amid oil and consumer concerns.

Those challenges are unlikely to ease in the short term. Management is doing everything right but the pressure seems inexorable. Sell says the Telegraph.

John David Group, the retailer better known as JD Sports, appears to be bucking the retail trend. At a time when most non-food store groups are seeing sales fall, JD is doing the opposite. While investors should be wary about the retail sector given all the bad news out there, JD might be worth a punt as it has bucked the trend for some time now. The shares are a buy says the Telegraph.

RM, the largest supplier of software, services and IT infrastructure to UK schools, announced yesterday that Tim Pearson, its chief executive for six years, will leave in three months. His replacement is Terry Sweeney, who led the group's educational resources and software operation. The regime change could represent a move towards the next phase of growth and with the short term pretty secure, as a defensive stock RM looks a decent buy says the Independent.

The immediate problem for office space provider Workspace is that although the yield on the company's portfolio has risen substantially, by one percentage point to 6.9% on an equivalent yield basis, it is too early to tell whether the low point has been reached. Meanwhile, even at 169p, a four-year low, and a 45% discount to NAV, the short-term nature of its leases and secondary nature of its sites may continue to weigh on sentiment. Avoid says the Times.

Revenues from Asia and the Middle East, where civil engineer Hyder Consulting's expertise in tall buildings remains in strong demand, continue to grow at more than 20%. A commitment to cut dividend cover towards four times (against 11 at present), should provide a floor at 370p, or 12 times current-year earnings. More enticing is the outside chance that the exit of its top management team might tempt an opportunistic rival to kick-start the sector's oft-mooted consolidation. Buy says the Times.

Hyder shares are at 370p, equivalent to 9.8 times 2009 estimated earnings, meaning that in theory they still have plenty of room to run. Until the management succession is sorted out, it is probably more sensible to err on the side of caution. Hold says the Independent.

Trading on around 12 times forward earnings, fund manager City of London Investment Group is not expensive – and appears to have more to deliver. And unlike any emerging markets tracker fund you might put your money in, City of London will pay you a tasty yield of more than 5% too. Buy says the Independent.

If there is merit in a merger between Informa and UBM, it lies not with geographic fit or in potential revenues synergies but in the two companies' balance sheets. In short, Informa has too much debt and, by most standards, UBM too little. For now, investors on both sides should sit tight says the Times.

Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

JD. Market Data

Currency UK Pounds
Share Price 231.50p Price Down
Change Today -1.50p
52 Week High 417.00
52 Week Low 233.00
Volume 1
Shares Issued 48.26m
Market Cap £111.73m
Beta 0.23
RiskGrade 187

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
61.87% above the market average61.87% above the market average61.87% above the market average61.87% above the market average61.87% above the market average
23.94% above the sector average23.94% above the sector average23.94% above the sector average23.94% above the sector average23.94% above the sector average
Price Trend
29.61% above the market average29.61% above the market average29.61% above the market average29.61% above the market average29.61% above the market average
35.14% above the sector average35.14% above the sector average35.14% above the sector average35.14% above the sector average35.14% above the sector average
Income
4.87% below the market average4.87% below the market average4.87% below the market average4.87% below the market average4.87% below the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Growth
85.09% above the market average85.09% above the market average85.09% above the market average85.09% above the market average85.09% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average
Price Chg 6m
22.26% above the market average22.26% above the market average22.26% above the market average22.26% above the market average22.26% above the market average
32.43% above the sector average32.43% above the sector average32.43% above the sector average32.43% above the sector average32.43% above the sector average
P/E
45.49% above the market average45.49% above the market average45.49% above the market average45.49% above the market average45.49% above the market average
24.00% above the sector average24.00% above the sector average24.00% above the sector average24.00% above the sector average24.00% above the sector average
PEG
59.62% above the market average59.62% above the market average59.62% above the market average59.62% above the market average59.62% above the market average
58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average
Dividend Yield
37.94% below the market average37.94% below the market average37.94% below the market average37.94% below the market average37.94% below the market average
51.02% below the sector average51.02% below the sector average51.02% below the sector average51.02% below the sector average51.02% below the sector average
EPS Growth
59.21% above the market average59.21% above the market average59.21% above the market average59.21% above the market average59.21% above the market average
70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average
Operating Margin
6.43% below the market average6.43% below the market average6.43% below the market average6.43% below the market average6.43% below the market average
29.73% above the sector average29.73% above the sector average29.73% above the sector average29.73% above the sector average29.73% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

JD. Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Dec-08 07-May-08
Paid 09-Jan-09 04-Aug-08
Amount 3.10p 6.00p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

JD. Key Personnel

Finance Director Brian Small
CEO Barry Bown

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