Dfs Furn Share Price (DFS)

The balance sheet now looks like a car crash!! Very badly run business.
Probably end up getting bought very cheap by SCS...

Having overheard the script being read to customers, I am suprised a notice to the market has not been issued.
An inability to fulfill orders, no matter the cause is surely going to cause cashflow issues?

Yes I think you are right about dividends and buy backs; not sure about shorting though. It will be interesting to see how markets react to news from made.com this morning. It is a sad indication of the state of the country and especially large retail items. It could however be seen as positive for DFS as a competitor.

They did share but backs and paid dividends when they should have been reducing their borrowings. This will not end well and they may need to re dilute and raise more working capital. Good share to short after the buy backs stop. Expect to this well below 100p within the next 9 months.

Company solid?? Have you seen the balance sheet, they are maxed out on bank facilities and 86 million in debt.. Stockopedia today say it's un investable...Fact.