Member Info for Bfdinvestor

Bon Scott

Once again you are lying.

Both you and daytrade posted the link to the article, so it was in fact posted twice as SPK said.

How old are you and how moronic, that you refer to somebody as "spunk".

It's just ridiculous and the only person you embarrass is yourself.

SPK yes the trust is trying to address some of the wrongs in Leicester. It's typical of our pressure that they only focus on the negative.

This article is a classic example, some actual real issues highlighted but totally padded out with a load of half truths and omissions.

Interestingly enough there is no right of reply quoted which any half decent journalist would do.

Maybe not enough shares are being freed up for Frasers and this sort of journalism is supposed to help!

It's strange how these articles about Leicester never mention this, yet always mention the Nottingham university report it paid for.

https://gtwtrust.org.uk/team/

For those who don't know, Boo set this charity up!

Strange how things can be presented isn't it.

The CMA started an investigation in 2021 beginning with three brands. It has since been widened out which implies it has found nothing serious so far.

The Levitt report concluded that Boo had done nothing illegal. The leveson report concluded Boo has done everything it has said it would do. The biggest complaint from the Times article seemed to be the warehouse didn't have enough windows.

We are now in 2024 and Boo has opener a US warehouse implying hearsay from 2021 was just that.

Funny how the article doesn't mention any of these things.

Maybe Boo has moved out of Leicester because it has done everything within it's power to execute change there.

Boo is far from perfect but we need to look at things in a balanced way

Only one of us deflecting Smalley and he doesn't have any money in here at all.

You tried to make a stupid fud statement and were caught out, simple as that

Still haven't said what HMI sacked you for?

I just can't see the Shein IPO ever happening, much as I would like it to.

I'm still of the view that it anything happens it will be a partial spin off of Debenhams, with Frasers taking a stake to open real world stores.

Time will tell

So daytrade you believe this to be vague and you don't accept that KPMG valued appropriately.

You would far rather believe that it was a Kamani family stitch up job

Comical

The transaction is defined as a significant transaction under the AIM Rules. In addition, given the transaction is with a relative of the Executive Chairman, the Group has taken the following steps to ensure it represents fair value for the Group's shareholders:

· Set up an independent board committee comprising members of the Group's Executive (Neil Catto and John Lyttle) and Non-Executive Directors (Brian Small, Iain McDonald and Pierre Cuilleret) to negotiate and manage the transaction;

· Engaged with KPMG to appraise the transaction structure and valuation; and

· The independent Board committee has sought advice from Zeus Capital in its capacity as NOMAD to satisfy itself that the transaction has been conducted at arm's length and is in the best interests for boohoo group plc shareholders.

The difference daytrade is I post facts from company RNS and published accounts, you don't.

Each to their own

Daytrade I don't think I have wasted any of my own time as I want to see an honest fact based discussion board, not personal prejudice couched as some form of reality.

You may have all day to go round in circles, I don't.

Hexam at the time the sp reacted positively to the PLT purchase, going up by c16%. So I don't think it was perceived at the time to be pricy, which is really the only way to look at it.

Actually the only way to look at the transaction is holistically, not as two separate bits. One wouldn't have happened without the other. To look at it another way, ASOS at the time had a market cap of between £4-5bn.

And lets not forget the 23 figures are at the height of the inflationary cost crisis so couldn't have been anticipated at the time of the transaction.

To me, and the market at the time, it was a good deal.

I guess hindsight is a wonderful thing!

If your question is relevant to you, perhaps you should answer it yourself, rather than wasting other people's time

£273m for a company that made £75m profit in its first full year after the purchase doesn't seem like a bad deal to me and it didn't seem that way to the market at the time.

I'm looking to sell a flat at the moment, maybe i should advertise it at 2020 prices, if i can find them, what do you think?

What, she paid 88p.

She still got a good deal lol

Daytrade what is the conspiracy theory?

You put a misspelling in inverted commas and I asked you why. It is that simple.

Why would i answer an irrelevant question and i see you haven't answered any of mine.

So to clarify, the sp went up significantly after the PLT deal was done, which would indicate the market liked it.

PLT made a profit of £75M in the 2022 FY, which is more than a quarter of the total price paid. That doesn't seem like a shabby deal to me.

And I'm not a vocal supporter daytrade. As posted before I'm in at 33p to make money. This is far from a perfect business but it is well undervalued imho

You post here nearly twice as much as I do!!

Daytrade I'm not interested in your goading games. I'm also unclear why you have written "comparrason" as you have, it's certainly not my spelling in my previous post.

You have obviously tried to draw a comparison between what was paid for PLT and Boo's market cap now, which is frankly stupid and not worth answering.

A better question would be, what was the change in the Boo sp when the deal occurred? I'll give you a clue, it wasn't negative

Here

You make a good point I think Jeremy.

I've posted before that Frasers managed to buy 4% of the shares here in the first two weeks of January whilst the sp fell by 20%

Now that goes against all the basics of supply and demand economics.

I see once again volume has died today once the sp starts to drift down.

I'm not getting tetchy daytrade, you are the one insulting me.

Unlike you I'm not quoting an opinion, I'm posting facts from the company issued RNS.

You on the other hand are slandering Boo.

I know exactly how much Boo paid for the whole of PLT. Your comparison is erroneous so not worth answering.

A better question would be what was the cost of PLT in comparison to other online fashion market caps at the time. Perhaps you could answer that one?

Totally correct energy shares.

So the newly posting trolls are now claiming market abuse.

The same people who were screaming for an RNS are now squealing that no RNS is proof of a placement.

1.8m shares were sold yesterday, which isn't any form of massive sell off.

The sp may go down more today, it seems converted to me, but what Avacta are achieving hasn't changed.

Helping people to live longer with a better quality of life.

Daytrade I'll believe the RNS rather than your strange view of reality. I'll believe that an independent board committee and one of the big 4 accountancy firms did the deal rather than something illegal which is what your slanderous nonsense is implying

And I'm definitely not mug

Actually daytrade it is quite clear, all you need to do is read and understand the RNS. So Kamani senior wasn't involved at all, the deal was perceived to be reasonable in the prevailing market conditions.

Maybe it is just easier to slander than read, but here is the appropriate RNS commentary

Let's have a chat board that deals in actual true info pls

The transaction is defined as a significant transaction under the AIM Rules. In addition, given the transaction is with a relative of the Executive Chairman, the Group has taken the following steps to ensure it represents fair value for the Group's shareholders:

· Set up an independent board committee comprising members of the Group's Executive (Neil Catto and John Lyttle) and Non-Executive Directors (Brian Small, Iain McDonald and Pierre Cuilleret) to negotiate and manage the transaction;

· Engaged with KPMG to appraise the transaction structure and valuation; and

· The independent Board committee has sought advice from Zeus Capital in its capacity as NOMAD to satisfy itself that the transaction has been conducted at arm's length and is in the best interests for boohoo group plc shareholders.

Daytrade

Your lack of understanding is hilarious

Do you know anything about how transactions like PLT are structured.

Kamani senior had absolutely nothing to do with the PLT deal.

You need to be careful, what you are posting is slander