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Dean01 - well done for keeping your sense of humour intact, throughout this horror show. Respect!
Sell while you can .
You would need a group like wall st bets to buy up so many shares to stop him reaching the number of shares
Ummmm .... this is deffo not something an "individual" could do Pumpky .... I wouldn't recommend anyone by 1 share for 5p TBH......
Butttt .... some of the "players" could easily move this and make a quick buck (read gerzillions)
TBH... everyone of my 34 holdings bar 2 are red today and I wish I had kept the 6k I've thrown away in SD for buying opps.... Oh well.... you lose some and you .... lose some more 😂
As I wrote a couple of days ago, the Market has already written this company off. The Market had it as 'Priced to Fail' well over two weeks ago. It knew way back then . . .
What is the incentive? Unless the BoD & Dunkerton are lying massively about the state of Superdry's books & business image then why would another bidder get involved at this point - they've had plenty of opportunity to do so up until now yet nobody has.
That’s right someone could buy this for peanuts. This is definitely pump and dump territory but my bet it will get around the £3m market cap before any large spikes begin. There is also the matter of these revolutions getting dismissed and voted out by shareholders, so no certainties either way.
However, either way it does not look good for LTH here. The only glimmer of light would be if any interested party swooped in to rescue it before JD shafts the holders or it goes into admin.
I’m not sure there would be many interested parties looking to take on this level of debt in this climate. One to keep an eye on for sure.
The fact the BoD can't realise this fact says everything. ANF managed a successful turnaround when they were stuck in a similar rut yet Superdry CEO has never really cared about bringing value back to the brand. He just wants his pension & retirement to be safe.
But the problem with that is JD holds the majority shares and has no need to purchase any more You will receive a "worthless" Share certificate I hold a share certificate for RUSPETRO and no one wants to purchase my shares
This could just be a master stroke by Julian, most Retail investors will have departed long ago leaving gamblers to enter who as seen, have been shafted. Still he’s the one doing all the work so can’t blame him for being ruthless.
Listen I'm clueless but could somebody swoop in and buy this for peanuts due to the present share price??????
IG showing shorts reduced to 21%, that’ll be the only support until they’re out
You can't buy a 'penny chew' in a sweet shop, for 5p.
But you can buy a share in Superdry Plc, for that amount! 🤣
Lol
Admire the sarcasm, personally I’m still licking my wounds but have to agree to some extent.
If it looks like sh-t, smells like sh-t it most likely is and SDRY stinks. JD has demolished a failing business in record time. SDRY clothing will be selling alongside Ted baker in Costco soon. What a disaster
And he has the temerity to write "Strong Buy"!!!
Even now!! 🤣 🤣 🤣
He is a paid 'Boiler Room Boy', for sure!
Sheltie don’t waste your Chat on StockLoss, just will not listen. £400m company value my bottom. Still can’t believe the Ramping that pulled in unsuspecting Newbies who may have listened to their tripe.
Jassen - in short, they're screwed too; along with everyone else who got left stranded, when the SDRY tide went back out. Going to have to write off the lot. Big £££'s mistake, on their part. . . .
What happens with Ian, James and other private investors? If they sold why are we not getting any rns?
The brand is now DEAD after all this.
So...If I get this right....Shareholders have to vote on whether to give the Board 2 options......0.1p.....or 0.5p....but only JD will have the right to buy at 0.5p. But you don't know which way it will go. Which one will they choose? Not hard to guess. This has all been planned by JD and the Board all along.....I don't own shares...I did do, but sold a month ago.....but they should be investigated by whoever has the power to do so. Insider dealing definitely.
Hmmmm ....but currently there's 100M shares and the float is 70%ish (? i think)
Soooo.... £500k buys 10M shares.... Even if he does a pump and dump.... virtually no risk before May
At 800 million new shares at 1p that’s some gamble.
Your existing holding would essentially become worthless so you would be investing new money in JDs turnaround plan in the hope that y new money could rescue your loss my multibagging many times over.
Personally I would take that potential new money and invest in another company with better potential for multi bagging than Superdry. Look on Nasdaq multi baggers there every day.
Sooooo .... my beer money now won't even buy me a coke 😂
I'm with StockCheque and holding on until it's deader than a dead parrot.... or recovers..... Buttttt.... here's a question?
With a MC of £5M surely JD has F%*cked up again !!!!....
Bear with me here..... If "someone" wanted to make a few mill (like spread eagle johnny at the start of this shenanigans) and bought .... I dunno ....5 -10% @ 5p then MA... opppsss ... someone let it be known.... The SP would shoot to nosebleed heights of say 20p, then Mike.... I mean someone.... would be poised to maybe get 200+ profitable stores... £150m stock to fire sell and the debt would only take it to a possible viable TO cost anyway.... and if not he could dump them double quick for huge ££+++sss.....
Plus .... it would make JDs 1- 5p look ridiculous and him look like a Richard Head (bonus just in that)
Allllll just for larfs and giggles and talking points 🤡
May be worth a look in view of our losses on here.
R&Q may be worth a look good entry price.
Has a chance of a few pence may help some of the pain here today.
StockCheque - "Remember tho £400m to £600m valuations, well that is what IS POSSIBLE with the company taken private and turned around" You will have long since 'gone West', by the time that happens!
Hopefully, given the huge losses inflicted, and painful lessons learned, following this utter shambles,
nobody, pays any attention, to anything, written by anybody, anymore, including me . . .
As I said when JD decided not to make a bid, if it delists I would keep the stock and wait for them to turn the company around privately. This to me has a good chance of getting shareholder value back.
The open offer option is the one I would take, as it keeps my percentage of the company intact, it does not gift part of it to JD.
If the restructuring works, the company as a private entity will be valued far higher than if listed, due to the poor valuations of UK listed companies Vs private or other stock markets.
Remember tho £400m to £600m valuations, well that is what IS POSSIBLE with the company taken private and turned around. So I will ignore the doom mongers and stick with it.
As a private company, the valuation is decided by auditors, not a crap stock market that is more interested in shorting great British companies to death than building them up.