All you shrewdies out there, have you considered this one.

Brokers were stating that they expected this to come to market at 150 to 200p and were saying anything on the bottom end of that range would be good value. Ok so institutions didnt want to pile in when they were offered and so they came to market at 1, which surely must make them good value
There were a load of sellers at circa 1.07 onFriday, which was probably those who had bought at 1 wanting a quick but small buck, but several million bought at 1.11.
What with the sponsorship of the England footy shirts and everyones obsession with designer and sporty gear, then I woudnt at all be surprised if they reached the brokers forecasts of 1.50 within 3 months...any of you guys got an opinion on this one

piston broke, yer im intrested in this one myself umbro .could be under valued at those levels,seems a lot of stores sell there brand,one of my holding mtl sell loads of it. not forgeting they have football stars pushing it {owen},not his greatest fan myself.seems a budget entry in to sports wear,,,with the big 2 nike/addias well in front box in off the upper end of the market,,with the summer sport on offer euro 2004/olympics,,holiday period ahead there will be sales of umbro no doubt.
first day of trading on the open market will set the trend i feel,,i think either way i will by some.
1.30 by july seems about to me .

regards dd.

Not so sure about brokers opinions, sometimes they have personnal interests that may not be in the direct interests of the private investor!! Yet with this in mind UMB could be a good investment? Just had to make my point about brokers opinions.
Rgds
opto

DD just beaten to the post there!!

cheers optomistic,i think it mite go well,,i think i read some where sales of nearly 200 million last year at umbro.

looks like it will be a money spinner,plus matalan sell large amounts of umbro
its a win,win situation.

Small top up today.

davesdazzlers,

well, 7 months 10 days between posts!

I guess not the most vibrant stock on the market.

having said that, the price has risen 33%, before falling a little!

It all helps andy and the news today will help , 2006 is what i am looking at , its nice to have a long with prospects..

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