Member Info for Debacle

Just me and the FCA daily report - jeez

Actually they could have reduced further today but we would not have any way of knowing given that it is not reportable below the 0.5% threshold

Because the last time you have to report is when your position drops below 0.5% and you have to report what your resultant position is at that time which is 0.49% as at 04/11/24

GSA reduced to 0.49% - hardly a drop out - please don't mislead people.

"Debenhams GMV* has an annual run rate of £800m as per the latest RNS

Boohoo's annual GMV run rate for the year ending February 2024 was £1,809m

*GMV is all merchandise sold to customers after cancellations and returns, including VAT, carriage receipts and premier subscription income."

Just to be clear these are not majorly comparable. Debenhams is largely a marketplace to sell others goods on commission.

Is there any angle where Frasers make a bid and look to leave new CEO in place or is that crazy talk? Freaky Friday!

Budget in half an hour innit

Can anyone offer up a good theory around the short positions and why they have increased only 2 days ago - is there form for this apparently odd behaviour which certainly runs contra to my small top up last week. What are the realistic odds to the price dropping further right now or are they acting in concert with buyers? I have no idea hence the questions. Grateful for some reasoned arguments and not personal criticism

Here we go - SCB back to the usual tricks. Let it go saddo - everyone has an opinion and some are right and some are wrong. Big deal. Now we know a fact perhaps discuss that rather than point fingers uneccessarily

Jeremy,

All we know is that Eleva went to 0.44% on 21/10. They could have shed the rest since then and now but we have no way of knowing but seems likely. Similarly, any short position below 0.5% would not be reported but they could have been sitting there all along and only now reduced.

Boohoo Holdings 2 has the following directors:-

Mahmud Kamani

Carol Kane

JOHN LYTLLE!

Stephen Morana

Hi Alex,

Thanks for that - I tend not to look at this stuff at the weekend - took a while to scroll back through the mud.

This from Retail Gazette:-

"Frasers Group founder Mike Ashley said he is “all in” to turnaround Boohoo Group after the retail entrepreneur made a public bid for the fashion giant’s vacant CEO position last week.

Ashley told The Sunday Times: “I am all in. I’m ready to dedicate my time and effort – including basing myself in Manchester as much as I deem required – to turn Boohoo around and deliver value for all shareholders.”

“The focus here needs to be on urgent and decisive action to sort out the mess that Boohoo is in after suffering serious mismanagement."

Anyone have access to the full article

Why dont you people just get a room

Give it a rest bon, give it a rest SCB

Hey BFD - why don't you just give it a rest and stick to commenting on the company and your hopes for recovering your investment - so tedious to see your constant useless posts about other made up characters

Still quite a lot of significant trades - might still be some tail end of Eleva exiting but would be very interesting if we get a RNS on Monday to say Frasers have upped their stake. No sign of the remaining shorts baling. Next week will be interesting indeed.

I got a refund on something today so have bought a few more but my av is pretty low compared to some. I really can't see any major reasons for a downside so happy to hold and watch it all play out. GLA

I suspect that Eleva have now left the building

Not so sure, could be Eleva unwinding the 0.44% - they managed to reduce their position by 1% over the last few sessions without a blink in the share price - I wonder how.......