Member Info for Fatman83

It's all an illusion here longlad.

This "fund"is working for him and the board,collectiving undeserved large salaries but at the same time they promise to create "long term value for its shareholders'.

Well I have been here over 9 years and I can honestly say what a load of crap.they enrich themselves that is all this fund is about.

As far as they are concerned they are successful and it is job done.our needs genuinely do not matter to Ed and the board.

BFT.

I am a 51 year old man working with kids , between 65-70 hours a week,I can assure you I have no time for childish games on a forum.

For the record,I am in large in boo and certainly and I am no shorter.

I said what I thought last Sunday,that I believe the IIs will have the say here not us PI's and that MK gets the nod here .

I am fine with that because ultimately big Mike only wants whats best for big mike.we will all find out soon enough.

I get what you are saying hopeful but currently nobody is going to offer 1 pound a share.

Providing we can show a turnaround with boo and debs keeps growing as projected then in 12 months this will defo be 1 pound a share .

If MA are doesn't get the vote which I don't think he will ,then all he has to do is wait it out like the rest of us and he still makes alot of money.

He cannot lose really.but I understand investors frustrations with MK,he has not covered himself in glory the last 3 years and his online extravagant lifestyle is like two fingers up to us all.

Which is why I like big Mike around .

I meant to say MK will have enough support from institutional investors and he knows it.

I personally think its all irrelevant who we vote for, I suspect MK knows he has enough support from IT'S the vote will just be a formality.

Big Mike will have to put his hand in his pocket and make an offer.the longer he waits then the more he has to pay for debs with its fantastic growth.

My question to PI's is what price would be palatable ?he is just never going to overpay.

I personally think 50p

Very well said morpheus.NAV down 2.5mil in last year alone and down 11.5mil over the last 3 years ,all while Ed has been ceo.that performance is truly shocking .it boggles the mind how anybody can defend him with that record.one thing is for sure though,he won't be running anymore funds after this one.he knows that though ,which is why he won't go until the fund has been bled dry!

Is a bit stuck now,it's not like he can just dump all his stock now that would take months.

So,he either tables a bid for boo or sits and waits like the LTHs have and waits for the sp to climb.

Be interesting to see how badly he wants Debenham. He knows for a fact that debs alone is worth our current sp and will be worth alot more this time next year.so he best hurry up and make his move.

Morning ICB888.

To read his political waffle on twitter he acts like Andrew Neil does useless Ed.

I think certainly all the LTHs will agree with you mate,but he has never done what is best for us private investors and he never will.this joke of a fund loses 25% of the NAV every year while him and the board sit on their hands and collect their large and undeserved salaries.the fund needs liquidating now and proceeds given bk to us.we are the ones constantly picking up the tab for eds incompetence.

Ed been taking a bk seat ever since he became ceo of seed with his 2 hours work a month.

Yet more proof of how out of his depth he is,he runs with the losses until they are worthless and snatches at the rare winners!

Of course he would never have performance related pay.he should liquidate this joke of a fund and give us LTHs the 4p a share.

But he won't because him and the board are scrounging leeches.

We were told early November? Tomorrow will be the 11 so I would say any day next week.

We have waited this long so a few more days and we will find out.

Have dragged on now and I think we can all agree we expect them to be bad.thankfully we have Debenhams but there needs to be a shown a clear path to growth and profit in the results for boohoo.it seems the MK has had little consideration for shareholders treating us with contempt I am not saying Mike ashley is our saviour but hopefully he will make MK more accountable and aware and put a spotlight on him.the market needs to see a clear path to a turnaround in these results ,after all he has had 3 years!!

Saying Ed is a fund manager is like sating Dr pepper is a real doctor 😷

And to think he said he was aiming for 10x returns!

That's a real con man right there.

Morning dags.

Ed is similar to starmer in that both are self serving.

Ed repeating the theft that lorne commited from us with leap gaming (lorne with moon active)

Where us this 400-500% investment he said in the past he was aiming for?

Look at the history here it's pathetic,the board covers their undeserved salaries while the NAV gets decimated year after year.

We are 1.4p to sell!!!

Ed makes me puke .year after year of failure !

What is the point of arguing with them about short positions or anything to do with boohoo for that matter it's painful to read.

Just leave them to it and let's see how boo plays out

You have more chance of seeing elvis working in your local farmfoods than you do MA paying 2 billion for boohoo.

He is not known for over paying which is why the man is a multi billionaire!

I don't see MA as a white Knight but he may stop the kamani from thinking about taking us private and forcing them to sort this mess out because for the last few years they have had nobody to answer to.big Mike would not offer more than 50p a share currently.

Thankfully we are not a one trick pony and have PLT,BOOHOO man and DEBS.

Of course we all know big Mike wants debehamns. Let's see how badly he wants it.

I imagine kamani cannot buy just before results are due.

But it will be interesting to see what he does after results are released and indeed if he buys anymore boo shares and how many.

We will soon find out

Yea he likes to talk politics does our Ed.

He even has the audacity to citicise the labour cabinet ,citing they have no experience running private companies (I am no fan of labour myself)

But to me he is throwing stones while living in a glass house himself.

Of course Ed enriches himself along the way BUT he is the ceo of a fund where us PI are also supposed to benefit ? Seems he and the board seem to be out of investing ideas so why not a share buyback while we sit at all time lows?

While we keep losing 25% off our NAV every year like we have for years ,all the while collecting large salaries every year then I will continue to be critical of him and the board .it's a joke here,we only got our money bk from leap after holding for 7 years ,that was after Ed was telling us it was worth over 100mil.

He only said that so lornes mother could offload her 12 million shares to us.

Yet he has the audacity to question labour's integrity?

Seem he is a perfect candidate for the labour cabinet!

I think most of us have come to the conclusion pirateflag a long time ago that all Ed cares about is making sure there is enough money to pay him and the board their undeserved 400k a year ,looking after a fund valued at 2.7mil!

Us private investors are not even an after thought to him.

Self serving bunch of bankers they are.

Morning peeps.

I think it is safe to say that most investors are now fed up with the sp deterioration here and the seemingly couldn't care less attitude by kamani and Carol kane.

Is there any truth in the rumour that they have deliberately let this situation happen to then take boo private and screw retail investors over?

Most of us are behind big Mike now because things NEED to change here and quick,big Mike has alot of skin in the game so the man will certainly get my vote.

Either kamani has lost his touch or he was/is planning to take us private .

I think most of us would like to see a bidding war that would really get the sp moving .interesting times now that Mike ashley is on the scene.

Yes I agree ,Mike ashley is not known for paying over the top ,he generally buys distressed assets.

So if he was the only buyer then as you say I would not be excited.we need a bidding war with temu .

It seems the board have been out of touch ,only waving millions in undeserved bonuses after a shareholder revolt.

Obviously John lyttle was not up to the job,his replacement has to be the right person the board needs lazor focus now.we can all argue the price of PLT,Karen Miller and debhams but there is clearly some value there and and with that at least some financial cushion.