Member Info for bon_scott

"Boo’s vacant warehouse would def suit Primark."

Too late. £50M already nailed on to repurpose it as a crazy golf or soft play or something.

"Interesting stuff!

https://www.theindustry.fashion/debenhams-group-appoints-ex-asos-director-to-accelerate-youth-brand-turnaround/"

The previous product leadership dead wood behind the precipitous decline of the last four years have been cut loose, with the exception of Kane. A positive overall.

Here we go. Let the next sucker rally begin.

17p for a reason. all this gross adjusted e****** is fooling no-one.

It's going to be alright Coasty. Padelworld will buy the Burnely site for forty odd million - that'll sort the debt and pave the way for more team building trips and bonuses. Boom time baby, as was being said from 2022 thru 2024.

"DEBS holds around 27% of shares in REVB at a purchase price of around 24p from memory. Now REVB is below 3pps. It would seem that a takeover of REVB would be a good move. Strange things happen in the sunny seasons. Can't see anyone other company interested in REVB so could probably get a good offer in."

Isn't it just staggering how the Boohoo management spent their time destabilising an entirely different company, all while letting their own business fall apart. Now REVB is wrecked, and DEBS isn't far away from it either.

"Is Bon Scott correct them that an internal promotion is another salary to fund?"

The pay rise to fund it obviously is. Every one of your posts reeks of bitterness.

Oh great. Another eye watering salary to fund. Still there's always dilution stunt which can be pulled if revenue continues to fall and losses continue to widen.

Maybe I can join as "consultant"? Let's settle on a very reasonable £2M/yr.

"Looks like a cracking entrance Unc!"

Unclue_Dung has been enthusiastically topping up since 2020, as the share price has crashed through every single level of support. Every excuse under the sun trotted out, blithely ignorant that the business cannot stop the revenue declining, cannot stop wasting capital, cannot control its operating costs and pays its management exorbitant amounts for all of the above.

Very poor indeed, even without current events casting a shadow over markets. The last five years of mismanagement are utterly unforgivable. And the solution is to gamble everything on aping other companies' "marketplace", letting the rest of the group wither away to nothing. Round of applause.

So the strategy of shouting about profitably while announcing losses in the accounts isn't overly successful in the eyes of the market. Who'd have thought.

Think we'll get this much feted March update?

"Bon-scott ,

The note you sent out is totally unintelligible.

Could you please write in English?"

Thanks pooppipe59, constructive as ever. No actual response though.

Thinking about the company's actions to right-size, I estimate that since November 2024, the only actual asset disposal has been the London office (£49M). The rest of the proceeds have come from been inventory write-downs (£100M+), and there will be write-backs due to the lease savings on the Daventry warehouse and the "absolutely game changing" aborted US DC.

For a company which requires such deep, serious and urgent restructuring (about which Finley has been very candid) to right-size and cope with the dwindling revenue, to have disposed of only a single asset in sixteen months doesn't seem to be enough.

Oh, I'm sure that it has a chance of limping on as a loss-making zombie subsidiary, with the brand leadership still drawing generous salaries and shelling out considerable rents on the premises it occupies. Cover the losses with some dilution now and again. Squeeze a few more years and a few more quid out of it.

Won't happen. It isn't in the interests of some with their hands on the levers of power.

"You have to wonder why you won't admit to your lies southcoast"

No wonder tradey didn't want the Companies House results to be read. And when confronted with the diabolical state of the company, tradey wheels out the usual deflective tactic - accusing others of lies.

"Who supposedly made that claim bon Scott, I don't recall anybody ever saying Nastygal was worth in the hundreds of millions

Perhaps you could confirm"

Shall I make you a cup of tea too, tradey? Since you're so wound up about it, go and search yourself.

"Making stuff up again?"

No, only the helmet who was making the claim originally.

11.4M active customers in FY25, versus 16.2M the year previous. A 30% decline. Yet according to the results, it is only a 5% decline.

Who on earth has actually reviewed these numbers?

"BS

Pay no attention to U Duggie , the biggest plonker on the LSE Boards , who has the unenviable record of possessing 5 no negative 10 Baggers and 2 FTSE DOG awards. The market and himself have the perfect negative correlationship."

Yes, he seems like a total oddball.