The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Awful performance, I'm still convinced it will survive and thrive as a brand, but more measures being lifted will certainly help! Just some god awful financials to wait for now, hooray
hanging on for dear life. bounce when it comes will be good.
Be interesting to see if they reduce the 2m rule, alongside changing the guidance on face coverings in shops. Whether such a move would do much to improve TED's current position is another matter of course, but it can't do any harm, IMO.
67.8p, dropping like a stone
68.19p now, started up now down, super investment
risky for someone to short. technicals do indicate this is oversold.
Guess that means the technicals look good for a short? 69.10p just touched
the technicals and the chart will look a whole let better if this drop goes into reverse gear.
69.30p UT mid-day. MMs taking the ****.
Ha I was just pointing out the price, not throwing towel in just yet, your relentless optimism keeps me going
i think that was bottom in for today at 69.35p
when bloodninja ready to throw in the towel that usually signals a bottom.
69.35p because you commented DBNO
holding*
still ok. we are golding 69.45p support.
69.45p on the bid now
And on the topic of gibberish , as you put it. To me that would be a good way to describe an making an investment because someone else for reasons you don't understand. Selling a mystery is the last of desperate investing.
A prospectus just needs to present a reasonable evaluation of a company, I doesn't need to present everything. I wouldn't rely on a company's own best reasonable story about itself.
As I have consistently be open for and have also called for. Is there any further comment on Tosca?
"negotiate bespoke terms."]
More gibberish.
The terms are clearly laid out in the prospectus - they've also been buying on the open market. If they believed it was going into admin then they've already wasted millions over the last few years. They would end up overpaying considerably, which wouldn't be a good look.
So no, you haven't answered the question.
I believe the answer to the Tosca question is that they have secure preferential terms on their investment reference administration or buy out proceedings. The risk profile they are sitting on will probably not be the same as retail investors, which is their right as a major investor to negotiate bespoke terms.
I don't think anyone is here for team spirit and anyone that makes investment decisions on the basis of what they read on a BB is asking for trouble.
My view is TED isn't a sustainable brand, or business - under it's current model. I've made no secret of these views.
I also don't have life changing money here either way, - only £12K or so - so I'm more interested to watch what happens out of interest. As I said earlier, I won't be hanging around for the likely demise of the company. But I do expect there to be opportunities to exit during any spike.
Also, none of the bears (including you) here have address the question of why Schroders and Tosca continue to load up since the open offer and continued to do so, all the way down here. I'd be interested to know why they are so wrong and you are so right?
The most likely outcome is usually the outcome.
Yes brand will stay in place.
As I said I may revisit this share. Perhaps on a collapse over correction to 40p.
As for team spirit, I don't care. I do care about making good decisions, and I would encourage you all to do the same. Sorry if that isn't the comfort and support needed.
"50p here we come."
What's all this 'we' business, thought you'd sold up and moved on?
"just wait for the company to collapse before making and offer."
That might appear to be the most sensible route, but it depends how long you want to (or can) wait. There's also, the danger then that the management do manage to execute their turn around plan or at least take the company back into a profit. In the unlikely event of the latter, the price here will be much higher.
"TED will live on under a new banner."
I don't think so. The value (what little there is left) is in the name.
The only update the will influence SP is an announcement to cut a big chunk on underperforming stores to reduce cost base. I don't think this company has any other card to play. A price correction off the back of a sell up appears unlikely as the business had nothing good to announce at all. 50p here we come. I fully agree TED would be a top takeover target, but in the current climate bigger stronger companies will just wait for the company to collapse before making and offer. Just like casual dining group - good brand, **** performance, **** financials. So wait for the company to be on its knees begging and offer them next to nothing. TED will live on under a new banner.
Rioforever.
Good post.
That's why I took up the offer.
I've no intention of hanging around here for the inevitable demise.
I would only add, that it might(slight possibility) also become a takeover target in the meantime - the name has value I think.
Hawfinch.
I do agree with some of your comments, such as Ted is the next French Connection etc and I don't see Ted as a long term hold. However with all the Executive changes etc, I'd expect a lot of RNS activity throughout the next half promoting changes that Ted is making strategic improvements etc. There is a massive opportunity in the first year under new leadership to make some quick wins, Ted will not be profitable for at least 2 to 3 years but showing the current £80m loss can be reduced significantly, should be a very realistic proposition and this is what will move the SP short term.
Retail shares are risky at present but retail is not dead or dying, it is changing and in a high period of transition now led by Marketing and IT expertise rather than traditional retail skills.
Will Ted fail? I truly believe it will and probably already as. Is Ted worth investing in at the current SP during its fight? Yes as i believe there will be improvements made short term that will move the SP upwards. (FCCN Failed many years ago but many times the SP rose from an average 35p to 60p on failed optimism) As an investor SP gains are made on improvements, I think most investors will have a chance to make a good return at these levels if they sell quickly on a good SP rise.
GLA