Member Info for Bfdinvestor

I think you will still make a lot of money at your buy in price raharh!

However i'm still not convinced Easysend will happen. Semnet and Bake seem to have provided what GST wanted. So i think it depends if there is a compelling business case based on the Polish market

James i tend to agree. I think we will have paid £3m max.

But we have come a long way in FCF terms to be able to do that.

Was just looking for an understanding of what people saw as significant cash tbh

Why do you think Bake would be expensive?

it has one owner and hsa been damaged by an internal conflict.

i'm guessing it cost a few million max

Id guess they have just stopped taking on new users whilst they integrate

Tigertouch you clearly don't have the slightest idea of how the stock market works

Why post such complete rubbish.

Great to see his confidence in the business he is going to run

Funny how some of the Frasers supporters were talking about a lack of confidence because he doesn't have any shares

Some posts just don't age well!

Boo don't manufacture beauty products.

Revb is a horizontal business extension not a direct competitor

Sports direct and ASOS are direct competitors of Boo

I agree Frasers should have BoD representation but not due to spurious comparisons

Fed people can change their voting preferences until the 17th, certainly on HL.

I actually haven't voted yet, my preference is to vote for Lennon but not Ashley

Fed read the thread, it is all about Lennon and Ashley, not Kamani.

I'm surprised anybody is prepared to take Ashley on trust knowing his track record.

I'd like a Frasers director on the board, just not Ashley and I literally can't think of a worse time to get shot of Kamani.

Does anybody seriously think if Kamani goes then Umar won't follow and probably a couple of other directors atleast.

PLT is fundamental to the youth brand turnaround and there is nobody better than the founder to reinvigorate it

Frasers have now stripped the credit business from Studio. The credit business was what they wanted.

Can you see the parallel. It's just what Frasers do

Studio returned to profitability because most of the debt was written off due to admin Southcoast. The revenue performance has been abysmal.

Frasers made such a balls up of Misguided that they sold it to Shein.

Frasers want Debenhams. They couldn't care less about the rest or how they get it.

What value is Ashley going to bring, did he provide some form of compelling vision on the conference call or was it just more of the big I am?

Lol no probs Warrie

But let's try a simpler example for you.

How has Studio fared since Frasers took it over?

How much of a turnaround did they manage with Misguided?

Southcoast you miss the point

Lennon mentions BHS in his career summary as one of his achievements

And you claim he doesn't do insolvency!

Southcoast

Mike Lennon talks about his work on BHS.

How did that turn out?

Kind of shows how stupid the valuation here really is

There is a message saying "integration in progress"

Sounds like they are updating and potentially adding content or linking with other sites.

Sounds exciting

I'm guessing this acquisition could be the real reason nothing has happened on easysend

Depends if you think the small shareholders will have any say on the outcome

Personally, I think it's the Ii's who will decide the outcome.

Either way, the interest and potential doesn't go away. It will only be a month until the next vote.

Wow the haters are out in force this morning.

What sad lives they must have.

They even lack the intellect to read an RNS.

The acquisition will be paid for out of the companies own funds, not a placing.

So Gst by definition must now be cash generative.

It is all looking so good here

Norm you don't need to short this

Somebody is already doing it for you

Look at the printed trades today, to tie in with the RNS, they stink!