Member Info for BacchusII

The market is littered with BoD’s who rejected bids only for the bidders to simply walk away. Whilst I wasn’t a shareholder at the time, THG was offered 170 pence, it was rejected by the BoD, bidder walked and SP now 66 pence!

The shareholders are still upset they didn’t get 170 pence (which I would take if it were offered again now being a shareholder).

The value of the company was £16 million or 16 pence a share on 29th January.

The current value of the company is £37 million or 37 pence.

Just because an analyst states the company MAY be worth £400 million in the hands of a large corporation does not mean the company’s value IS £400 million or £4 a share.

Superdry is only worth the value a group of investors are WILLING to pay. It will NOT be anything over £1 per share. Additional there may be no bid from anyone and then the company will not be worth more than 15 pence a share again.

Please don’t inflate every newbie’s expectations to ridiculous values.

There is a saying, “I would get out of this share before the weekend!” when the RNS drops that JD has not got the investors and will not be bidding, on Monday morning the shares will be 10 pence or less!

How do you like them apples.

Doh 🤦‍♂️

6 ToffeeApples sold at 40 pence would have given you 240 pence

6 ToffeeApples sold at 35 pence would no give you 210 pence

Hence, profit (the amount you are in profit) has been eroded.

I now await the diatribe from RampingClan 🥹

Those PI’s with 600k of shares are already seeing any profit eroded. The closer we get to next Friday without a bid or news the more likely the share will be range bound. Don’t listen the chatter of over 100 pence a share. This is NOT a Hotel Chocolate situation. Superdry is currently in a distressed state. Without a bid the SP will drop significantly.

PS. I am hoping for a bid but it’s not guaranteed. This is a gamble right now.

“I do wish people would post links to back up their statements, if you don't post links, then it should be disregarded in my [one sided and blinkered] view otherwise such statements can be very misleading.”

Don’t listen to the RampingClan led by StickyToffee and MunchToffee. No bid or counter-bid (very unlikely as it would need to be hostile) will exceed 100 pence. With JD owning 26% he is in the driving seat. So, depends whether the parties involved want to pay, maybe 80 pence a share.

The talk of 135 pence and over is complete fantasy. Whilst I accept analyst valuations of £400 million plus, the company is not currently worth that. Third parties are not going to pay what it might be worth, only what is currently worth plus a bit. IMO

Hey Toffee, it’s a hot market and your profit is melting 🫠

Nice one sell low, buy high. What’s your loss so far on those brilliant deals this morning?

Yup, you’re holding 600k of shares at a loss. Who do you think is the foolhardy one.

After selling some yesterday. Genius!

That is a dreamland idiotic analogy. No one would accept an offer at half the market value, IF say Zoopla states the current market value as £400k.

BUT Superdry’s market value is £35million (early this morning maybe higher) so, who in their right mind would pay more? YES they would if they think they can turn the company around but not ridiculous figures of £1.30p a share. FAT CHANCE.

JD 27%

Oasis Management 9%

Hedge Fund 5%

Total 41%

Must be at least 55% with the big boys now. So they will decide who takes control, private and at what price. Agree with many that the take over price will probably be at circa 80 pence. Can’t see more unless more than two bidders.

Good luck.

…and with JD holding 27.3 million and the Norwegian-based alternative investment fund 5.3 million shares, totalling 32.6 million shares it was quite a turnover of shares.

Wouldn’t surprise me if Shorts showed another increase tonight or tomorrow.

Hedge me bets….um go Long as well, lol 😜

If you actually try to buy 33.80 or sell 33.20 the spread is smaller but still larger than normal.

Quite right, shorting on behalf of an acquirer might be going on. They would potentially lose on the Short but gain on getting the company at a much lower price. Since Petrofac was 87 pence before the Shorting began a bid then would likely have been 150 pence. Now an acquisition might go through at 85 to 100 pence.

All pure conjecture mind.

They are unlikely to go bust, maybe lose entire fund if a big bid came in, as margin calls are made against Shorters when the share price rises above their position. Shorters have to have deep pockets to make big bets and can also buy insurance. I’m sure it’s a lot more complicated than we mere mortals know.

H&B were not announced “out of the blue”! The announcement was deliberately timed to add weight to the trading statement RNS. Jeez 🙄

No. It’s the investment community who bought over £5 and those who chased the SP down to £1.50 that are still shell-shocked! It is clear that THG was overpriced and the market takes time to forgive.

Therefore, it needs to see sustained improvement over several periods before a holistic approach may emerge.