Member Info for cambridgeblue

Surprised at the lateness of the notification of the results delay - did they really only know 3 days before the planned release.

One notes the departure of key personnel - are these related ?

More news to come one must assume.

Seem to be showing MA how it's done - make your stores and offering better rather than buying department stores and filling it with cheap dross.

Mike is angry that he didn't manage to become the lead creditor before writing off the bondholder debts in admin and picking up the scraps for peanuts.

He was beaten to the finish line this time.

Some amount of butthurt in that unhinged rant.

He's been hoisted by his own tactics - karma.

https://www.theguardian.com/business/2019/mar/23/down-and-out-at-house-of-fraser

"Everlast sports socks at “mega value” prices jostle for space amid dozens of rails of Lonsdale tracksuit bottoms and Karrimor waterproofs. No, this is not a branch of Sports Direct but House of Fraser in Richmond, one of the wealthiest suburbs of London."

Shopped in HoF recently ? No neither has anyone else.

The BoD and creditors might take a look at HoF and wonder why they would want SPD running a department store - utterly failed to stop HoF's decline.

Not much profit or future in flogging Lonsdale trackies to 50yo housewives in Debs.

Which is why his toys are out of the RNS pram.

He might bid 5p if the bondholders take a bath doesn't cut it - the BOD have alternatives that keep them in the game.

Mike's offer isn't attractive to the right people.

Bully boy hiding behind his briefs. Out on his plums this time..

New Samuel Beckett play opening up tomorrow at the Herod's of the High Street : "Waiting for Mike".

Expected to run indefinitely..

MA wanted to run the admin and pick up the scraps. He was never interested in a going concern. Due to the liabilities.

The daily ramp / fall is there if you want it. But no takeover that shareholders will enjoy is coming.

Has the Bismark sank officially yet ?

Mike aint paying off the bondholders- he wants the scraps post admin.

Modus operandi of the House of Ponzi.

Unfortunately for bulls its the same 10% over and over.

People think that MA will take over pension liabilities and bond holder debt ? It’s a view.

Fair price is now 0p.

Mike was never going to pay shareholders - he never does. Ever.

The company is worth more to MA if MA is running it.

Why - because then they are selling more Donnay tracksuits (made by MA..).

He's wringing the last drops of juice out of the grape - rather than growing a vine. See HoF - now a tatty collection of jumble sales.

Why would he pay money to shareholders when he can give them a loan to be converted to equity later with control now.

Shareholders will get nuttin.

Why would he pay money to shareholders when he can give them a loan to be converted to equity later with control now.

Shareholders will get nuttin.

Share price is low as there is no chance of MA's money going to shareholders - it will go to DEB as a loan.

In return for that loan he will eventually own a big part of what is left of DEB.