Member Info for DC2007

Why have they not usually issued similar RNSs ahead of updates? What changed to motivate their issue of this one?

Like prepping the ground for an underwhelming update to try blunt its effect when it lands.

Can't see the good in burning up cash on another busted brand. But the enlarged revolver makes it too easy; and therein is how debt creeps up and up.

Pointing out that you're often wrong or self contradictory isn't hair splitting T4G!

Worth pointing out the nonsense to claim insight over whether Citadel are 'confident' and speculating about the supposed 'quantity' of what is, by definition, an abstract quality. Neither are verifiable facts and yet both are utilised as reasoning in support of a conclusion. Sloppy stuff.

2023 could be the start of dividends! — surely a joke? Placing and/or rights issue seems far the more likely to me.

'Since when was Debenhams a 'leading beauty and fashion retailer ' ???

1997'

More like 1897.

Still here & still think 50s are possible yet. Don't make a profit until you've sold for more than you'd bought! Others on here know plenty about that mistake.

Could blame the cottage for why you didn't sell Boo at 400p!

I doubt it. They'd be far better concentrating energies on fixing their business.

Chart looks like forming an inverted diablo which is a good sign. Think Boo's turning a corner here and could be time for taking big positions.

Yawn - T4G making yet more baseless assertions. We'll no doubt get a word salad later today too.

Ugh - sell everything. Be able to buy again for a fraction of the price.

The capacity thing is a bit of a red herring.

Doesn't matter if they got capacity to sell £4bn or £40bn if folk only wanna buy £2bn worth of stuff. Revenue growth of low single digits only expected this year. The way inflation raging, that'll be a fall in revenue in real terms for FY23.

Their spending was profligate when things were looking rosy, and worse, there's no word on what the returns on these supposed investments have so far been, just increasingly doubtful assurance that there will be jam tomorrow. Such a lack of discipline and prudence only adds to the apparent dodgy business/management vibe that began to really crystallise a couple of years back.

Sensible reasoned analysis Arnold. Wait for the reply about how it's soon wrong for Boo to have the same valuation as its quarterly revenue.
Those rare investors live here who place no importance on profit; the same who champion the £70M HQ purchase which was baffling use for cash, although must have made egos feel huge!

The Goldenyears post was good though in explaining that the old, fully-drawn RCF was rolled-up into the new RCF. Not many of the bulls have grasped that.

Yeah, had missed that about Boo and Amazon having similar successes. Read it here tonight to put me right. Finally seeing it clearly.

Search the RNS and you'll find where Boo report their £4m loss for the year. I've said what section it's in and quoted it directly, since I know your fondness for facts and liking of evidence. Can't do more.

Closest thing to profit is...profit!

I didn't mention 'em since they're irrelevant to the false 'fact' you stated. Misdirection like that gets businesses into difficulties.

Hope the BoD's capacity for denial & self-delusion is less than yours.

'1.Boo isnt making any profit. Incorrect. £125m ebitda last year, similar this.'

False. Profit is not the same as EBITDA.

Verbatim from the results RNS, published by Boo (from the section entitled Consolidated Income Statement):(Loss)/profit after tax for the year (4.0)

It's accounting convention that values in parentheses are negative, so in the year ended 28 February 2022, Boo made a loss of £4m. They even said so themselves. It's a fact.