Jargonpain,
You don't think the businesses go together. Did you miss this
Liam Rowley, Sports Direct's head of strategic investments, instead would only speak about a corporate partnership: "We see huge value for both companies in a strategic partnership between Debenhams and Sports Direct.
"There are obvious synergies that can be achieved through the integration of our respective web operations. We also see opportunities to work together internationally.
"Importantly, there is scope for greater collaboration in the UK in order to roll out an elevated offering to consumers. We believe Sports Direct can complement Debenhams very well across the spectrum."
The market cap of Sports Direct is close to �2 Billion this alone could easily be used as a vehicle to finance and acquire Debenhams I don't think its a matter of having to wait for a sale of Newcastle United ( which could happen at anytime btw )
Since July 17 the market cap of Sports Direct has increased by �390 million. More than the market cap here. If Sports Direct were to acquire Debenhams the market cap there could easily increase by another �390 Million making a takeover effectively a zero sum game.
Interesting to note its actually Sports Direct and not MASH holdings who own the shares here.
I notice the todays chart of HGM is almost identical to CEY although they are down just over 5%
Any ideas why a Gold sell off today amidst trade/ wars, Dow sell off and heightened tension with Russia/ Israel ?
Nice to see Odeys taken up the slack as BlackRock decrease ( -0.09 % ) he increases +0.08 increased to 5.43 %
I can't recall of an individual/ asset manager with such a high percentage short in one company ?
Seems strange as he is a Sports Direct shareholder
WorldGoRound,
I think whats being said is we have more faith in a self made multi billionaires economic judgement than yours my friend. Together with his capability to offer a loan of any size here if needed like he has done with Game ( which trippled in price after he took his stake. )
You can talk about wearing black or white and I will talk about being wrong or right.
plumpicker,
That much is true, however Brewdog ( current turnover �100M ) started in 2007. Then if you take an example like Camden brewery they get bought up by multinationals like ab inbev who until last year spent $1billion a year with WPP
Emperor,
You've got to love some of these valuations. Its worth 25p because ..er nice round number or its worth 30p because er.. same.
No Market Cap, P/E, NAV or EV just 25p
WorldGoRound,
"no banker or investor of any consequence in their right mind will prop up these money pit companies with their false
promises and begging bowls out. "
How about oh I don't know multi billionaire Mike Ashley with the Sports Direct finance facility to Game Digital for instance ?
WorldGoRound,
Not sure its possible to 'jam' up the order book but it can be overwhelmed with selling pressure which will manipulate the demand especially if volume and sentiment is low.
Book-Worm
Debenhams said its profit before tax for the full year was likely be between �55m and �65m � lower than the City consensus of �78m to �95m � while Mothercare cut its profit forecasts to between �1m and �5m, from �10m.
I don't think thease two can be compared too readily !!
WorldGoRound,
Generally they can overwhelm the order book with a series of small auto/ algo trades suppressing any rise and exacerbating any fall. This way they can keep things in a tight range or cause a sustained fall, provided there is not too much demand and volume.
Holdings increase Montanaro Asset Management 4.54 to 5.01%
I feel there could be a bid coming here soon... but I hope not as I don't want it getting taken out too cheaply.