REB - Rebel Sport

[clowboy]

Anyone have any clues about REB?

Can't really figure it out, when I look at it's chart it shows in excess of 800k in turnover but when I look at the 18 trades that took place it's more like 100k.

Is it maybee an after market (or off market) transaction?

 

[raider]

Re: REB

It seems to be right there was a 791,000 trade around 1 pm

 

[clowboy]

Re: REB

hmmm

that would mean that the online brokers info is dodgy.

That cant be a good thing

 

[michael_selway]

Re: REB

hmmm

that would mean that the online brokers info is dodgy.

That cant be a good thing

Hm Rebel Sport, seems to have recovered big time since May 05, i wonder why?

 

[sti396]

Hey

Just looking at Rebel Sport and it seems over the last few years it has gone strength to strength. A little bit of research and alot of people are saying the BUY!!

With the World Cup soccer on in June, since I used to worked at Rebel, I know that sales for ANYTHING soccer will go through the roof. Especially now Australia has made it. [Rebel sells approx 70% of total 'Licenced' apparel in Aust]

Anyhow, thats my opinion. I welcome others.

Looking at its upward trend over the years, would it be correct in saying this may be good for long term investing?

Phil

 

[fryzie]

Hey

Just looking at Rebel Sport and it seems over the last few years it has gone strength to strength. A little bit of research and alot of people are saying the BUY!!

With the World Cup soccer on in June, since I used to worked at Rebel, I know that sales for ANYTHING soccer will go through the roof. Especially now Australia has made it. [Rebel sells approx 70% of total 'Licenced' apparel in Aust]

Anyhow, thats my opinion. I welcome others.

Looking at its upward trend over the years, would it be correct in saying this may be good for long term investing?

Phil

good info

do you know why there was such a huge drop in the share price mid-year last year?

 

[sti396]

Last year was a terrible year not only in Rebel Sport but most sports retailers. Especially in the footwear dept [which consists of approx 1/3 of total sales, which is a huge when you rely daily on those sales]

Alot of prices esp in footwear were reduced, and the margin on avg was terrible. Just speaking today with my old boss at Rebel, and things are looking quite exciting due to two things.

1. World Cup [apparel and merchandise is out in two weeks]
2. The hugely successful 'interest free' periods on high priced treadmills and bikes.

Phil

 

[fryzie]

Yeh ive been talking to someone who works there and they reckon all fitness equpiment sales is increasing and gonna keep going for a while. Lots more people are wanting to 'shape up', especially from cause of the show 'the biggest loser' - one of australians highest rank shows atm.

 

[mlennox]

Yeh ive been talking to someone who works there and they reckon all fitness equpiment sales is increasing and gonna keep going for a while. Lots more people are wanting to 'shape up', especially from cause of the show 'the biggest loser' - one of australians highest rank shows atm.

i'd have to agree. i train twice a day at my local gym and live near a park i have to say ive seen alot more "unfit" people doing exercise then usual..

 

[watsonc]

Quarterly annoucements due very soon, maybe around 10th July It will be interesting to see how well the Soccer World Cup boosted sales!!!! Rebel Sport should do well with the Ashes Cricket series coming up as well, thousands of English Barmy Army suppporters will all need English cricket shirts etc etc.

I feel Rebel Sport may be slightly undervalued at this point in time, maybe the market has forgotten about this one?

 

[TheRage]

REB- Rebel Sport trading Halt

Anyone know why Rebel self imposed a trading holt on their stock. What bit of news are they holding back on? I personally think Rebel is one of the best Retail stocks based on the fundamentals in Australia. My only whinge with the company is that everybody now knows this and the shares are too dear to buy back in.

 

[spitrader1]

Re: REB- Rebel Sport trading Halt

Anyone know why Rebel self imposed a trading holt on their stock. What bit of news are they holding back on? I personally think Rebel is one of the best Retail stocks based on the fundamentals in Australia. My only whinge with the company is that everybody now knows this and the shares are too dear to buy back in.

in the announcement it says they request the trading halt to "consider a proposal in relation to the future of the company"...

 

[Agentm]

Re: REB- Rebel Sport trading Halt

private equity fund no doubt,, lets start a rumour..

 

[TheRage]

Re: REB- Rebel Sport trading Halt

private equity fund no doubt,, lets start a rumour..

This was my thought also. It seems a lot of overseas private equity firms are snapping up good businesses from Australian investors at the moment.

 

[spitrader1]

Re: REB- Rebel Sport trading Halt

This was my thought also. It seems a lot of overseas private equity firms are snapping up good businesses from Australian investors at the moment.

REB..Archer Capital makes $400m buyout proposal. Gerry Harvey owns 53%.

 

[mit]

Yoohoo, I hold at the moment. What's interesting, is that the volume showed a large increase of the couple of days before the announcement. I almost sold to take a quick profit.

MIT

 

[watsonc]

Can anyone help?

My friend currently holds shares in Rebel Sport.
Am I understanding this right?

Archer Capital has the option to purchase shares at $4.60 by 7th May 2007???

So this is not really a proper take over bid? only a 19.99% stake?

My friend is currently holding with a margin loan and is loathing paying interest, and is wondering whether to sell out, and if he sells out can he get $4.60?? Currently the share price is at $4.49

thx