Member Info for bistolover

is the 65p clown, lives in a fantasy world, probably darby's mother as some-one stated here in the past

The 65p clown. There is nothing wrong in my post. It is about numbers, if ambrosia is sold for £100m then the reduction in profit will be much more than the saving in debt, so stating facts, we need sale of ambrosia close to £170m to £200m for this.

If ambrosia is given away for less then this will be reflected in the share price, if less profits, then lower share price, it is a fact in the world of investments.

Other big risk is brexit no deal, 15% fall in currency will kill the margins, as it takes three years to get prices to rise, with risk of falling volumes. The fall in currency after brexit vote has been the cause of the fall in sales at ambrosia.

To try and sell ambrosia with no deal brexit looming, it not a good move to get best price.

there is no magic formula that can improve share price. If ambrosia is sold too cheaply than the share price will not be hovering 35p to 40p, but move closer to 25p. Darby will try to ruin the company, as he knows he will not survive a vote, so making sure he does the damage as quick as possible.

this is not including the fees by advisors, fees to close bonds etc. looks like plan drawn up by darby friends in the city for them to make money.

to sell ambrosia for £100m would be a disaster for shareholders, will just make premier even more of a zombie. given bond cost close to 6.25%, this would be £6.25m less in debt payment, but likely around £17m less in profits.it would be great for the likes of muller to buy at this price, borrow at 3%, plenty of profits left over.

The sales needs to be closer to £200m for this to benefit shareholders. We can't have darby negotiating as it could him trying to make premier worst, once he has left, there is nothing stopping darby and nissin then making a bid for 20p a share.

Darby should be made to leave now and not wait until end of january as he will further damage this stock.

hopefully oasis will be active straight after the half year results. they need to get rid of darby as soon as possible. love to see a special resolution called to remove ceo.

this is the only way for the share price to improve.

correction. At least the chimp outperformed. Darby just underperforms. What is the cost of a bag of nuts compared to the shareholder destruction by Darby.

not with current ceo

when I said premier I meant premier food, the stock now owned by the ceo and a big shareholder called nissin.

They invest when high, having 17% in feb 2017 when the share price was 53p, must have bought at even higher price.

Now dumping when rock bottom. They did the same in Premier bought at the high, bought over £1, then dumped at around 30p

must be sign the share price is at the bottom.

wondering when the usual quote was going to come out i.e. 60p by ...

Reality is, until Darby is removed the share price is not going anywhere, long term is will drop another leg or two as it has done time after time.

We need oasis back in action to cleanup management who are just milking this company. Until then, best to forget this stock

could be right oldtimer, a rights issue if sale of Magasin du Nord a no go.

it will be taken as fire sale, so debenhams will not get a good price

so the following in last year financial report:

The Group’s Revolving Credit Facility of £320 million is in place until June 2020, with an option to extend until June 2021. In addition, the Group has a £200 million 5.25% Senior Bond in place until July 2021.

Moody downgraded on from b1 to b2 in august 2018,

debt was around £320m in september, increase of £45m from previous year. Debt is likely to increase further upto the expiry of Revolving Credit Facility.

So if the sale of the danish business does not go ahead, what will the cost debt be, will banks be able to provide the same level of cover.

If the sale of danish business does not happen then we could be looking at a rights issue, which Mike Ashley will try to block and then it could be administration, so all rests on the sales of Magasin du Nord

http://www.debenhamsplc-bond.com/Debenhams_OM_June_2014.pdf

£225 million 5.25% Senior Notes due 2021 offered hereby

The rest must be short bank loans

you are forgetting the elephant in the room. any takeover will be blocked by mike ashley as he has 30% of the voting rights

hear are possible areas darby will be using to hide bad management under his leadership

average the sales for the first nine months of calendar year to still show growth.

Promises of 2 more countries where cake will be sold by year end, hiding the fact he said the same thing last year and it did not happen

lots of pretty graphs to hide numbers such as no or little marketing spend to show profit

Weather will be shown to be blamed, nothing about darby been in charge for over 5 years to bring in summer products.

brexit will be introduced as the main reason.

The above will not work as oasis will be there in background to audit things, darby will be worried

if mike Ashley gets things wrong rebuilding House of Fraser, this can only help debenhams, especially over the next 3 months peak retail trading period.

Mike Ashley will benefit either way

this 6 months would apply even if debenhams were in administration. So spd will not allow this to go into administration for 6 months as some-one can buy.

in premier's case big shareholders are irrelevant. oasis are still licking the wounds darby has inflicted on them

he kept warning about darby and he plans to take over the company. Even against the massive onslaught he received from the darby lovers. Doom has been proved right.