Register
Login:
Share:
Email Facebook Twitter


#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects
EXCLUSIVE: Petro Matad announce fully funded 4 well Mongolia campaign


Debenhams Share Chat (DEB)



Share Price: 2.992Bid: 3.05Ask: 3.11Change: 0.00 (0.00%)No Movement on Debenhams
Spread: 0.06Spread as %: 1.97%Open: 3.00High: 3.20Low: 2.822Yesterday’s Close: 2.992


Share Discussion for Debenhams


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

KNIGELK
Posts: 20,707
Opinion:No Opinion
Price:2.992
RE: Hmv
Sun 23:00
No one minds you changing your opinion - it would be daft to always have the same view on any particular company unless you had a particular issue ie. the management/sector etc. However, changing your mind literally every week is quite transparent - you just always want to be "right" .. when the rise is too low or rising - you say buy! When it keeps falling - you say sell! Just be a tad more consistent !!
 
lse2000
Posts: 962
Opinion:No Opinion
Price:2.992
RE: Hmv
Sun 22:53
Lol! I don't play by emotions but by market.. at 3p I think debs is a bargain. Media, sector and internal politics had pushed the share price down to the current level. I think bear run is over now for debs with all the bad news can come out are already factored in the price. They are ready to fly on any good news and I am sure it is just round the corner!

I will be negative when I think it is the time and vice versa but it all again depend's on market

Good luck!
KNIGELK
Posts: 20,707
Opinion:No Opinion
Price:2.992
Telegraph online today
Sun 22:11
Sales at the HoF department store have tumbled by 60pc over the 12 weeks to 18 December, according to figures by Kantar Worldpanel, seen by The Telegraph. (and we thought Debenhams had a problem with -4%)
HeresHopin
Posts: 4,833
Opinion:No Opinion
Price:2.992
RE: Hmv
Sun 21:11
Lse - is there even a little part of you that is embarrassed that you have now bought in and will switch to going all positive here, after being quite the opposite? (until you sell again and then do another 180)
applegarth
Posts: 16,346
Opinion:No Opinion
Price:2.992
RE: Estate Agents
Sun 20:51
WGR........You forgot
3. fiddling about with the office secretary.
4. Writing out their betting slips
KNIGELK
Posts: 20,707
Opinion:No Opinion
Price:2.992
Rent
Sun 20:50
Interesting debate (for a Sunday!!) .. sain@vision - as I keep saying, Debenhams are at fault for agreeing to these terms but it is NOT the fault of the current management - when private, the investors took all they could out of the company and left it in a weaker position - what do you expect when valuations are falling, high street sales are declining yet Debenhams have to pay ever higher rent to their landlords year on year as per their rental terms - it would destroy most companies eventually (if the market did not improve). As I also said recently - the landlords have to compromise too - otherwise entire high streets and shopping centres will be left empty - if the government did not have Brexit to worry about perhaps more effort would have been directed to solving this issue and taxing online a tad more..
As for MA - buying HMV!! Well part of me thinks "great news - jobs will be saved".. but the other part of me thinks "why is he buying this? Sales will continue to decline unless he changes the layout of the stores". He is going to take on too much if he is not careful imho
lse2000
Posts: 962
Opinion:No Opinion
Price:2.992
RE: Hmv
Sun 20:35
£3.50 bids... He wont get it... It will good for him to be a loser as there are lot of other bidders too... I am pretty sure he will learn a big lesson here if he still thinks that he can buy debs after administration!
HeresHopin
Posts: 4,833
Opinion:No Opinion
Price:2.992
RE: Hmv
Sun 19:52
I wouldn't have seen their post as that nutjob has long been filtered.
HeresHopin
Posts: 4,833
Opinion:No Opinion
Price:2.992
RE: Hmv
Sun 19:50
Ashley has put in a bid for £3.50. All jobs will go but he finally gets to own the long elusive DVD of Newcastle's finest footballing moments.
Smartie2
Posts: 248
Opinion:No Opinion
Price:2.992
Hmv
Sun 19:49
I see WGR has. Should have looked further down. Doh!
Smartie2
Posts: 248
Opinion:No Opinion
Price:2.992
Hmv
Sun 19:47
Anyone seen the latest news?
lse2000
Posts: 962
Opinion:No Opinion
Price:2.992
Need rent decrease update!
Sun 19:45
If landlord agrees to decrease the rent, it will somehow help debs to smoothly progress with refinance talk. As long as board is taking some action to cut the costs, investors should be happy..
https://www.bloomberg.com/news/articles/2019-01-20/debenhams-holds-talks-with-landlords-to-cut-store-rents-ft-says

We should have a better week from now on!
sain@vision
Posts: 9,059
Opinion:No Opinion
Price:2.992
Pearls
Sun 19:44
"I am merely saying that the landlords are acting, in fact, irresponsibly"

LOL It was Debenhams who structured the sale and leasebacks and freely agreed to these onerous leases in order that they could extract out the maximum money They trousered £495m from British Land alone in 2005

Dont blame the landlords for the retail industry falling flat on its face.The pain will be fellt by all

This money should have been earmarked for the business but disappeared into the pockets of CVC Capital Partners, Texas Pacific Group, Merrill Lynch Global Private Equity,

" Once they sort out some of these overly expensive leases, their balance sheet will be transformed, and the market cap should sharply rise."

You are in cloud cuckoo land. DEBS arent the only retailer with problems
Midway
Posts: 1,206
Opinion:No Opinion
Price:2.992
Deb
Sun 19:08
MA for a billionaire is not the brightest pebble on the beach but can afford to lose it I suppose this still being shorted around the 10 per cent so I will be staying away but wait for the real bottom although always the danger of an unexpected white knight but I am of the opinion that will be after the Brexit conundrum and probably foreign.
HeresHopin
Posts: 4,833
Opinion:No Opinion
Price:2.992
RE: Landlords woes
Sun 18:53
If the rent is far beneath what was agreed then perhaps they are better trying to convert some of these stores to apartments or mixed use - surely more money in there for the investors?
Pearls
Posts: 1,097
Opinion:No Opinion
Price:2.992
Credit insurance
Sun 18:53
What many posters on here do not seem to get is that it is not DEB that takes out credit insurance, it is their suppliers. Half the suppliers used to take this insurance out - it is against the risk of the buyer [DEB in this case] not paying. It is always an expensive insurance, so many suppliers may want to save the money and not buy it. According to DEB's own update, the credit insurance issue is being carefully managed, but is currently not stopping supplies, and in fact they were fully stocked for Xmas. I do not think that the credit insurance will be a further issue this year and it now seems to be under control. I expect it to totally drop out of the picture once the banking facility is sorted out, and we were promised an update soon on this so hopefully something will be issued before the end of January.
Pearls
Posts: 1,097
Opinion:No Opinion
Price:2.992
RE: Landlords woes
Sun 18:47
HH, I am merely saying that the landlords are acting, in fact, irresponsibly, on behalf of their own investors. I have no issue obviously with them concluding deals with their tenants which include a level / schedule of payments for the next few years written into the contracts, but there should be surely terms within those contracts relating to the tenant's actual trading. After all, if one is oblivious to the tenant's actual trading, and it significantly worsens, you would have to be living in la-la land to expect the tenant to be able to honour the contract. And if they don't, you should be working with them to ensure they stay in business and are able to continue a basic level of your charges at least, unless a better offer can be found. The problem for the landlords, whether they like it or not, is that there is no better offer. Yet they have it seems, refused previously to work with their tenants to ensure they continue long term. This is hopeless. The management of the landlords must only be after short term returns which is not how these leases were actually set up - i.e. it was not the spirit of the contract.
And, to then be additionally charging higher car park fees which put off visitors even further seems to me to be akin to deliberately wrecking their own landlord investments.
They clearly specialise in extremely poor management. And that is who DEB have to negotiate with.
Pearls
Posts: 1,097
Opinion:No Opinion
Price:2.992
RE: MA's targets
Sun 18:40
On the other hand, MA is able to bid for the rest of DEB in March, so we do not have long to wait. Perhaps by then the banking facility will be sorted out, which if so, will improve things for DEB considerably.

Remember their debt is only £286m - a fraction of many others on the high street. It seems to be being overinflated.
WorldGoRound
Posts: 998
Opinion:No Opinion
Price:2.992
Im such a fool
Sun 18:39
MA is a sharp operator.He smarter than many 'MAs'.
Im such a fool.
Maybe it was something to do with being hit on the head by a frisbeed copy of" Great Expectations"
by a teech on my first day at public school?
Or maybe it was being forced to read" Religion and The Rise of Capitalism "by RH Tawney and to PAY
for a copy at my so called 'University'aka Brainwashing Central.LOL
Whatever it was the Milk Marketing Board didnt want me.
The Midland Bank wouldnt lend me any money
And I had to make my own way.
I still am.
HeresHopin
Posts: 4,833
Opinion:No Opinion
Price:2.992
RE: Landlords woes
Sun 18:38
Would you think the same if you bought an investment property yourself to rent out for an income in retirement and then the tenant wanted to pay less rent than agreed? I am not saying you don't have a point, but presumably in Deb's financial projections year on year they were expected to be able to pay the rent whether rising or not?
Pearls
Posts: 1,097
Opinion:No Opinion
Price:2.992
MA's targets
Sun 18:36
If MA only acts when his target goes into administration, he is going to have a long wait if he is after DEB. Once they sort out some of these overly expensive leases, their balance sheet will be transformed, and the market cap should sharply rise.
Add into that no pressure anymore from dividend payments, and other cost savings, and I reckon DEB's financial position will improve sharply.
Pearls
Posts: 1,097
Opinion:No Opinion
Price:2.992
Landlords woes
Sun 18:32
I'm sorry but it is hard to find a lot of sympathy for these commercial landlords. After all, they have imposed above inflation charges on the retailers year after year despite being told it would hurt these shops - their tenants. No-one cared, it was just greed.
They have also been the ones to sanction the car park charges around the shopping centre as an additional revenue scheme. What sort of half wit treats their tenants in this manner and expects them to stay happy, and in business?
No wonder the general public have such a low opinion of these companies.
It is time DEB reset the playing field. I am sure a number of the landlords will do deals, after all there is no point destroying your main clients is there, perhaps they did not realise how badly their actions were hurting DEB?
WorldGoRound
Posts: 998
Opinion:No Opinion
Price:2.992
RE: MA bids to save HofF from...
Sun 18:13
https://www.belfasttelegraph.co.uk/news/uk/mike-ashley-in-talks-over-possible-hmv-takeover-37730257.html

Putting the retail world 'to rights' one failed business at a time..........
applegarth
Posts: 16,346
Opinion:No Opinion
Price:2.992
RE: MA bids to save HofF from...
Sun 18:11
HMV sorry
mick-b
Posts: 7,644
Opinion:No Opinion
Price:2.992
RE: Estate Agents
Sun 18:01
You must be psychic to know all this
lo!!!!




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk









Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.