Bill Gates increases stake in JJB

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Sysman replied

17 July 2009, 12:45
Originally posted by pzz76077 View Post

The question I have is- why??

http://www.mirror.co.uk/news/city-ne...5875-21526725/

The billionaire now owns 3.14% of the battling business after his foundation bought another 800,000 shares for £180,000 on Tuesday.

The news sent JJB's share price soaring 12% yesterday.

Nice if you've got the clout to see shares rising just because you've bought 180K worth.
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weemster replied

17 July 2009, 12:15
Originally posted by BrilloPad View Post

:
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BrilloPad replied

17 July 2009, 11:39
Originally posted by weemster View Post

What time does Fatty log on ?
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BoredBloke replied

17 July 2009, 11:38
It's because the chavs love them init
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pzz76077 replied

17 July 2009, 11:37
Originally posted by lilelvis2000 View Post

JJB sells rubbish..always has. And I can't figure out why they need Three stores in Blackburn (two of them with gyms) and one In Accrington. They seem to think that they can push rubbish down our throats.
Someone needs to get in there and trim things down. Don't think Bill is guy though.

Would agree, rubbish at 10 times the price you would expect it to be. Have been in a couple of their stores but have never seen anything that looks to be worth buying.

PZZ
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lilelvis2000 replied

17 July 2009, 11:20
JJB sells rubbish..always has. And I can't figure out why they need Three stores in Blackburn (two of them with gyms) and one In Accrington. They seem to think that they can push rubbish down our throats.
Someone needs to get in there and trim things down. Don't think Bill is guy though.
Leave a comment:
The Lone Gunman replied

17 July 2009, 11:18
Originally posted by pzz76077 View Post

Ah, so you think he is purely investing for a profit and not have some kind of sporting venture floating around??

Looking at their trading statements, Im not too sure they will be around long enough to see the Olympics.

PZZ

It is wise to spread your investments, though as you say JJB is not exactly a sound investment right now. 2010 will see massive sales in footie kit which may spring board them to 2012.
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pzz76077 replied

17 July 2009, 11:16
Originally posted by The Lone Gunman View Post

Possibly something to do with JJB being the UKs biggest sports supplier and the small matter of the Olympics coming up? Not to mention the footie World Cup in SA.
Enthusiasm for sports and kit sales must be looking good.

Ah, so you think he is purely investing for a profit and not have some kind of sporting venture floating around??

Looking at their trading statements, Im not too sure they will be around long enough to see the Olympics.

PZZ
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weemster replied

17 July 2009, 11:08
What time does Fatty log on ?
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DimPrawn replied

17 July 2009, 11:06
He needs some fast running shoes once people who paid for Vista and then pay again for Windows 7 wake up.
Leave a comment:
The Lone Gunman replied

17 July 2009, 11:05
Possibly something to do with JJB being the UKs biggest sports supplier and the small matter of the Olympics coming up? Not to mention the footie World Cup in SA.
Enthusiasm for sports and kit sales must be looking good.
Leave a comment:
pzz76077 started a topic Bill Gates increases stake in JJB

17 July 2009, 11:02
Bill Gates increases stake in JJB

The question I have is- why??

http://www.mirror.co.uk/news/city-ne...5875-21526725/

PZZ
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