Member Info for bon_scott

"So Bon Scott you are comparing Debenhams to three brands that had outmoded propositions, debt mountains they couldn't repay and retail estates that they couldn't afford. "

You seem very upset, tradey. It's only Tuesday. Usually we see you throwing a wobbler around Friday-Saturday time.

And as Coasty rightly pointed out, Debenhams alone went pop twice for precisely the above reasons, so there's a strong comparison. Debt was a major contributor, declining sales and footfall in the ten years leading up to it failing.

I'd say you've also unintentionally made a good summary of the current Boohoo Group predicament. Declining sales and revenue, undesirable brands, a mammoth debt wall with lenders hesitant to extend on, and a crazy bunch of disparate white-elephant property ventures which have cost tens - daresay hundreds - of millions to back out of.

Come on tradey, let's have it.

"So was Woolworth's. And BHS. And the Body Shop. On current form...

Bon Scott you put Body Shop in with two brands that are no longer trading at all.

That is a pure lie isn't it?

Just the normal childish intellect of a six year old."

Once again, out with the insults when the debate is slipping away from him.

The point was ever thus: simply being a "loved" brand offers no immunity from insolvency.

Maybe the management could post some results so we can see how well Britain's Best Loved Online Powerhouse Exciting Digital Fashion First Marketplace is doing.

"Typical Bon Scott, when you have no answer you resort to lies. "

I suppose the BBC, Telegraph, Sky News and the Guardian are all lying too. I hope you vigorously prosecute them for false reporting.

https://www.bbc.co.uk/news/business-68261784

https://www.telegraph.co.uk/business/2024/02/13/the-body-shop-goes-into-administration/

https://news.sky.com/story/body-shop-uk-in-administration-what-went-wrong-13070677

https://www.theguardian.com/business/2024/feb/13/the-body-shop-collapses-into-administration-in-uk

Your denial is summed up perfectly.

"I think you miss understand the whole being invested thing Bfd. It's not as a choice it's as the alternative is pointless."

According to tradey, he's "invested". For those in the real world, he's trapped.

At almost 400p.

Full deflection today, tradey!

"The Body shop is still trading Bon Scott."

It went bust and you know it. It was brought out of administration and now operates with only half of its previous UK store footprint.

"In Debenhams, one of the UK's best loved brands"

So was Woolworth's. And BHS. And the Body Shop. On current form...

RNS RELEASED! MUST BE RESULTS!

Er, nope. It's about block listing and voting rights.

Toying with us, I swear.

"In Debenhams, one of the UK's best loved brands. And the ability to move back into bricks and mortar. It already has bricks and mortar presence with the franchise agreement in the Middle East, which should give an easy blue print."

Ah, you mean this bricks and mortar presence? ⬇️

https://gulfnews.com/business/debenhams-shut-its-stores-in-dubai-mall-and-mirdiff-city-centre-it-feels-like-i-lost-a-reliable-friend-1.500157175

Right as always, mein fuhrer 👌

"Yep, people are assuming the reason for a delay is a negative one. They might surprise us "

I certainly hope so Paulleydee. Bad news can only continue for so long until a turn comes.

So, still no results. Seven weeks until suspension of trading if none are released.

Probably agonising about how much of a bonus to try to ram through.

"You basically want rid of all the exec directors and have no clue who they should be replaced by. "

Well, given the extent of the mismanagement and underperformance of the past four years, it is really difficult to think of anyone who would have done worse. Ratner would have been better. Even you couldn't have done worse than the current management, tradey.

You really are a dullard, tradey. My first ever post clearly stated that my average was 77p, so the averaging was already done. Sorry not to have risen to your baiting.

What I'm perplexed by is how you previously went all in with virtually everything at around 400p, then after you got banned, magically reinvented yourself with a 30p average, weighted at only 2% of your portfolio. I know you consider yourself to be God's gift to investing, but it's stretching credibility.

So if things are going so swimmingly, why are the results and AGM so heavily delayed? Why not capitalise on the opportunity to shout about all of this success?

Under 8 weeks until suspension now.

"Buy me another

Do you think the posters who constantly disparage the new CEO and CFO, despite them having great online CV's, have ever met them?

It seems to me that since taking over FInley has done more than Lyttle achieved in five years"

Keep it up tradey, good for a laugh.

"Cooler “am surprised this is trading so low”. Why? The board have failed to deliver on anything they have promised. Do not update the market and are slow to issue accounts. Involve themselves in Revolution Beauty and destroy value there for shareholders. Indeed have done absolutely nothing to fulfil their fiduciary duties as directors. I am surprised that anyone chose to back these individuals at the last vote and those that did are now seeing the share price consequences."

Bang on, Franalex. Never fails to amaze me, the level of delusion on here. Look at the chart since 2021. Look at the fundamentals since 2021. Then contrast that with the company messaging, when it actually happens. This is a four year long bear case.

Mid 30s, I thought, but GPT says 30p.

8 weeks until suspension of trading, if no results are released.

So if there are no results by 28 August, the stock gets suspended, right?

"Why not take your remaining money out and put it in those two businesses then, given you have supposedly written off your investment here? "

You are not authorised to give any kind of investment advice tradey, let alone try to cajole anyone into making any decisions to buy or sell. This is clearly stated on the LSE T&Cs.

Contrast that to your repeated nonsense peddled about price anchoring, of which there is nothing stated in the T&Cs.