Member Info for Duggs999

Nice link up:

https://www.azocleantech.com/news.aspx?newsID=34656

Last 2 hours to buy before the possible 7am RNS tomorrow. Can anyone afford to be out of this overnight??? GLA

I don't like what this link suggests as I think the SP is very oversold, but for info:

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=CWR.L

If you have a mobile phone signal, then using its Hotspot works a treat to give your laptop basic browsing internet access if you are ever desperate Toffers. Apols if this was known already. ATB

I wonder if he is a wine supplier of English Fizz to the Lucky Onion Group??? Hmmm

Don't have to be so self righteous and superior in the wording of your responses on here Starbright.

Sorry Toli, again I very much disagree with you regarding the 'great' cash position.

Cash position was £250m in 2022 and £182m in 2023, so the figure of £140m this year represents a frightening rate of cash burn. The company now has a headcount of well over 500 with an associated salary bill of at least £30m+ per year (based on a conservative average cost to the company of £60k per person - including the board of directors).

So, in conclusion £140m may look good but it will quickly evaporate without the important revenue stream from the now delayed royalties. This is one reason why the SP is struggling.

GLA and DYOR

The £40m is revenue and not profit.

Wrong - bid by JD has to be at least at the price he paid in the last 12 months. Fact and opinions are shouldn't be mixed up.

https://www.investtech.com/main/market.php?CompanyID=44104593#:~:text=Automatic%20technical%20analysis.&text=The%20stock%20has%20support%20at,of%20a%20coming%20trend%20break.

GLA and DYOR

1.53 is a key level if it drifts that low:

https://www.investtech.com/main/market.php?CompanyID=44104593#:~:text=Automatic%20technical%20analysis.&text=The%20stock%20has%20support%20at,of%20a%20coming%20trend%20break.

Munichmann, just to throw in a fact:

"An offer under Rule 9 must be made in cash and at the highest price paid by the person required to make the offer, or any person acting in concert with that person, for any interest in shares of the company during the 12 months prior to the announcement of the offer."

So JD cannot just wait for the price to drift lower and choose his offer price'

https://burlingtonslegal.com/insight/when-do-you-need-to-make-a-mandatory-offer-under-the-takeover-code/

39/40p daily support holding.

55p 200 day moving average still main resistance.

https://www.investtech.com/main/market.php?CompanyID=44112362#:~:text=Automatic%20technical%20analysis.&text=There%20is%20no%20support%20in,and%20further%20decline%20is%20indicated.

Just a reminder - strong resistance at 55.3p - 200 day moving average. Smashes through this then the hand brake is off.

Strong support at 39p.

https://www.investtech.com/main/market.php?CompanyID=44112362

49.6 to sell 60000

Why are people making up '£500m' and '£210m' in debt when Superdry hasn't even got total debt facilities in anywhere near those realms?

Makes no sense just making up numbers to influence other less savvy readers of those posts and may influence their investment decisions. Reported.

Https://www.investtech.com/main/market.php?CompanyID=44112362

https://uk.investing.com/equities/supergroup-plc-technical

Just to point out that the 200 day moving average for Superdry is at around 55p.

If there is no further news tomorrow this may act as a resistance level with a retrace / pause in momentum due to some profit taking. If it smashes through the 200 day SMA with an opening gap up - then game on.

News today on the owner of Ted Baker. We may hear of interest in Superdry from Authentic in the coming weeks - or not.

https://finance.yahoo.com/news/fashion-chain-ted-baker-consider-170000085.html

The company is not half a billion in debt. Where has that number come from - the fairies?