Member Info for bon_scott

Deflectors to full power!

"A collosal debt wall that is less than 10% of annual revenue. And isn't due for repayment in anywhere near the timeline you suggest "

You're right as always, tradey. Debt to equity is a much more conventional measure, in which case it would be a concernign 1.85. What relevance is the revenue to the debt? Are you suggesting that revenue be used to repay the debt? How could that be, considering that the company makes continuing losses? Paying off debt with, er, less than nothing? How would that work, exactly?

And as for the 2026 repayment deadline, I suppose the entire internet must be lying, yes? Another conspiracy?

"A partial spin off of Debenhams would leave the business debt free."

Great idea! Let's jettison the only profitable arm of the business at a steal, to deal with the colossal debt wall (which is due for repayment in just over a year).

That will leave us clean and dry with, er, the rest of the unprofitable parts of the business. Genius!

"An RCF that isn't due for 20 months or so for £125m. "

It's due in March 2026 if I'm not mistaken. A mere 14 months away. That woudn't be you telling fibs again, would it?

Hashtag#WheresTheCrediblePlan

"clear mandate to continue the work of creating and maximising value for all shareholders"

Pardon? Because from where I stand, I don't witness any maximisation of value, only a trail of financial devastation. Maybe it was meant to read "maximally shafting shareholders"?

So, what's the next skeleton in the cupboard that we're yet to find out about? More loss-making dilapidated properties or assets which nobody knew about? How many more "advisors" or "consultants" on the books that we're yet to be made aware of? Virtually no chance that this is the end of all the scandal.

Why are you so wound up about this, tradey?

"Ocean last count was in the last full year results 4800 staff and cost of 160 million quid.... "

Where's tradey today to dismiss this as a load of rubbish?

Boohoo's latest twelve months gross profit margin is 50.8%

Tradey caught out fibbing again? Well I never...

"(just over 4 x Umars annual pay packet)"

Ha ha, quality. From now on, it is an official board decree that all financial amounts must be expressed in units of Umar Pay Packets. £8M will be expressed as 4UPP for instance.

"Tell me: What value have the Boohoo management realised for shareholders in the last 3-4yrs?"

Hi tradey, I note that you forgot to answer the above question during today's impassioned defence of the astonishing mismanagement going on.

"Looks like revb is back in full recovery mode. Not bad for a worthless vanity purchase?!"

The share price was 21p when you posted that, tradey. Currently 11p. Boohoo's average is nigh on 18p. Another one of your posts that aged like milk.

Next we'll be finding out that the family's pet hamster is actually on the books as a "Creative Director" on a basic of £4M.

No doubt you'll be on red alert today, BfdInvestor/Trading4good. Deflecting and abusing like a champion.

Tell me: What value have the Boohoo management realised for shareholders in the last 3-4yrs?

"Until the company responds this is all speculation. Not a great look for Dan though as he tries to restore investor confidence and being usurped behind his back!"

Oh come on tradey 2... how naive can you be? Nothing has ever been a great look for Finley. It is blazingly obvious that he is mere window dressing, and takes all of his marching orders from the big man. Defending the indefensible.

So, how will you spin this, tradey?

"Bon Scott, here's a quick English lesson for you as a true Scotsman. A multi conditional statement can't be construed as advice."

Oh dear tradey, getting on one's high horse again. Your alter-ego clearly gave poorly dressed-up trading advice, which he (you) should not have done. This is against the LSE terms and conditions. Hopefully the mods do the right thing and clamp down.

"this company is knackered right now and everyone knows it."

A dose of harsh reality. ***THIS*** is why the share price flounders at such dismal levels. Only the Frasers buying has propped it up. The whole thing has been hollowed out in plain sight by the management.

What I can't figure out is why the other instituational investors are happy at the ever increasing likelihood of a total loss of their holdings.