Member Info for bon_scott

While it has been amusing to read, it is a wasted effort debating with that 🤡

"Only said in jest, but you never give a straight answer to a straight question, and I have put a few over the last year."

Actually, you haven't. Your posting mainly comprises of "oh that's a load of rubbish" and similar. You are the blinkered naysayer that you claim not to be!

See the share price is going off the boil now.

"Bon Scott: Conspicuous with your silence following todays update. The current DEBS CEO is doing a great job, don't you think?"

Sorry, I was distracted the whole day fawning over clips of Trump, or so you'd like to believe. What if I told you I was a Green voter? 😉

Looks like just another fluff update from what I can see. Will there be some actual substance in the results in two weeks? A real actual profit? An asset disposal? Without these, the share price will do the same as it has done for the last three years.

"So Bon Scott, are you saying that you would still want MA on the DEBS board ?"

Ah, so let's move the goalposts by changing the question. Got you.

"Bon Scott, you remind me of a Trump supporter. You seem to be blind to some of MAs antics, but well versed on others."

Yeah, good attempt at deflection. But be brave and just ask yourself: would the company and share price be in such a sorry state as at present?

"While your reading Bon Scott. What's your opinion now, about your White Knight(MA) who could turn the business around."

Not sure who has held him up to be a white knight. Consider this though: Would he have lost 96% from the share price? Would he have opened and closed DCs like switching lights on and off? Would he have been grasping for bonuses as the company heads for the rocks? Would he have had the company signing crippling finance deals and then engaging in emergency fundraising to avoid bumping up against the debt covenants?

Well said Level! A dose of reality for those pumpers. Five years without any good news, and they still can't see it.

New sucker rally underway.

By my reckoning, we're still shelling out over $1M per month for our "absolutely game changing" yet mothballed US DC.

Lovely if we could just offload something. Anything. And not at a scandalous discount.

Looking forward to lots of adjusted EBITDA in both sets of reports, whenever they get around to it.

For those who haven't been keeping up, adjusted EBITDA is simply EBITDA, but with all the nasty stuff hidden away in places like exceptionals.

I hope there's some good news regarding revenue. We can't just keep shrinking and diluting to survive.

Disturbing that all we have to go on are trips to the races and occasional fluff on LinkedIn.

Even more disturbing that many on here consider this to be an adequate alternative to real performance and profits.

"Interesting to see how the market reacts.

https://www.lse.co.uk/rns/ASC/disposal-of-lichfield-fulfilment-centre-fr5jht363fqksnq.html"

Oh look, there's a company getting things done. 12% up so far. Good spot Razor, fair play.

That'll be the long-standing governance and credibility discount making itself felt.

"Desperate Dan on linked in meanwhile big Mike is buying up the whole retail landscape with huge profits from frasers group."

Who needs profits when we've got impressions, traction and vibes?

⬇️This ⬇️

The share price is cråp because the business performance and prospects are cråp. Those in the market aren't fooled by all the bluster in the reports. If the business can stop diluting everyone, stop wasting so much capital year on year, arrest endlessly falling revenue and actually begin to turn a profit, the share price will improve.

Steady on everyone, It'll take a bit more than rocking up to Chepstow and Ally Pally in fancy dress, and renting out Burnley for weekend raves. Let's see if we can turn a profit. Not a pretend profit with this adjusted ebοΙΙοcks. An actual profit. And then try growing instead of contracting to stay afloat. Might crack 20p then.

"Bon_scott,

Written by a true short holder.

Wake up !"

Ha ha, says the crackpot who was telling people "well done" when they bought at 22p a couple of months ago. Silly boy.

"Shares on the chopping board & some say nearer 15p than 60p (priceless either way).

Revenue will drift around the £800M mark for the next few accounting periods but group earnings expected around £5M in 2027.

So still in recovery & slow growth for years & years. 2030 could be better times with AI models & clothes than organically grow on you. I once had a hat & slippers made by a cow. Truly an organic experience.

ASOS maybe a better bet."

Translation: A lucrative business brought to the brink of collapse by atrocious mismanagement, big-I-am profligacy and inability to see the bleeding obvious. Now set to enter a new era as a minimally profitable drifting, barely growing zombie enterprise.