If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Debenhams strikes deals to rescue most stores
https://www.bbc.co.uk/news/business-52330268
"Admin lite" they've timed that well. Still on track to pay debt holders.
1.4 During the period the Joint Administrators have concluded matters that remained outstanding at the time of drafting the Company’s previous progress report, namely:
Recovering funds held by the Company’s share registrar in relation to unclaimed shareholder dividends into the Administration estate. Work undertaken withthe share registrar also included a large extraction of Company data from their records, whichis now held by the Company, with all data held by the shareregistrar having been destroyed.
All the best to everyone. Didn’t think I would be posting on this BB again.
And the Administrator's Final Report;
https://www.fticonsulting-emea.com/~/media/Files/emea--files/creditors-portal/cip-emea-public/debenhams-plc/joint-administrators-final-progress-report-to-17-march-2020-17-march-2020.pdf
"The Debenham's we had shares in is long gone"
Here's the Notice of move from administration to dissolution for the listed equity;
https://www.fticonsulting-emea.com/~/media/Files/emea--files/creditors-portal/cip-emea-public/debenhams-plc/form-am23-notice-of-move-from-administration-to-dissolution-17-march-2020.pdf
shame but have to agree.....you are right! The Debenham's we had shares in is long gone.
MA will attempt to secure just for the kudos of being able to secure "His asset" and stick his finger up!
Shareholders will get nothing back though because the 'Debenhams' they had an investment in ceased to exist with the first pre-pack. Even if MA snaps it up, the only possible benefit will be to him.
Atb
good post RACH... there will never be a better chance for mike
to buy the lot, and recover his losses at some point in time, and that of small shareholders
as a whole... GOOD NEWS INDEED.... see what happen... I'm sure he won't be keeping quiet
looking forward to his response in the major press.....
god is love, god is king, god is everything, he see and knows and punish wrongdoers..
all the best stay safe...
308