Member Info for FigTreeHarry

I’ve seen myself running after it from 13p to 18p back down, As low as 6.12p and back upto 8p and back upto 21p and back down to 12p.

I’m holding as I believe the expected will happen. Meaning it has not even started!!!

My target is 30/32p

That would work, but at a substantial loss to him if he did. To break, the share price needs to hit 31p. Remember he bought 22m at .38p in March.

:)

As soon as the sp releases itself from 13p bubble. Into 14p-15p , the mood on this STock will change in a flash.

That is all it takes.
It will happen

GC and JB will likely work it our for best interest of the company and investors.
After much deliberation, Iøm holding out for this.

Voted.
Not sold any,
The market - STOCKS unless they dipped substantially Iøm staying put for now.

Here’s a useful framework:

Think about what I said in March, what the Board said, and what since then has turned out to be true.

Think about what I said in June, what the Board said, and what turned out to be true.

Think about what I’m saying now, & what the Board are saying.

In the wider market - Volumes are very low.
Buyers are there just on sidelines.

FACT: 2 grenades by the sitting bod’s 2 - txxxs surpressed the sp.
These were totally unneccessary and will lose them the vote - period.
Else we would be at 20p.

Maybe GC agreed with them, as it would mean inadvertently mean they would definatley be voted out??!

The market will applause the exit of the deadwood that is a given imo.
The market will applause the FCA approval of the new AMIGO’s- ceo/ ned’s
The market will applause GC if he agrees if requested to stay on, or work as a Consultant even for 6 months.
The market will applause JB return.

Maybe calm and subdued but All to play for..
Investors are voting.
Those not interested in voting maybe selling

An eviction order for the 2 fat cats no doubts.

Calm.....

Theory could be his broker buying those sells, before vote from other Pi’s.
If you accumulate at 12p, 20p or 28p -
10% on each interval.
Broker can pay the average which is still 20p
12p+20p+28p/3=20p

Price will rise next 10 days, picking up some wont hurt, the order filled would not be filled immediately.

The covid effect - correct.
Retailers have had their businesses torn apart.
Many dissapeared.

We are in fortunately in the right place at the right time - The business of lending to the needy and vunerable at a time when borrowers require lending more than any other time.
We have unrestricted cash = £145m-£160m
Turnover around =£280m
M cap =£57m
Our sp is already down from £2.45 to just 12p
Lending to key workers approved by FCA.
Lending to masses to restart by November approved by FCA.

A founder / CEO with a plan to boost SP and expected to BUYBACK 29% OF THE SHARES..........X

The Problem here is BOD’s have they have nothing on JB - NOTHING AT ALL.
The difference in their rejection is a complete contrast.
Just an interesting comparison :)

This is an interesting link to how another company presented their case for rejection of its Founder: AND HE WON!

NOTICE OF GENERAL MEETING

THE BOARD OF SUPERDRY UNANIMOUSLY RECOMMENDS SHAREHOLDERS VOTE AGAINST BOTH RESOLUTIONS PROPOSING THE APPOINTMENTS OF JULIAN DUNKERTON AND PETER WILLIAMS AS DIRECTORS

On 1 March 2019, Superdry received a request (the 'Request') from Julian Dunkerton ('Mr Dunkerton') and James Holder ('Mr Holder') (through their nominees HSBC Global Custody Nominee (UK) Limited and Diagonal Nominees Limited) under section 303 of the Companies Act 2006 (the 'Act') that the Company convene a general meeting to consider resolutions to elect Mr Dunkerton and Peter Williams ('Mr Williams') as directors of the Company (the 'Resolutions').

The Company confirms that it has posted to shareholders a circular ('Circular') containing a notice of general meeting to be held on Tuesday, 2 April 2019, a copy of which is available for download from the Company's website at https://corporate.superdry.com/investors.

In compliance with Listing Rule 9.6.1, the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at morningstar.co.uk/uk/nsm.

Further details on the Board's rationale for unanimously recommending that all shareholders VOTE AGAINST BOTH RESOLUTIONS can be found in the Circular and are summarised below:

Wholehearted commitment to delivery of current strategy: The Board and management team are wholeheartedly and unanimously committed to the continuing delivery of the Global Digital Brand strategy (which has already yielded significant operational and strategic progress) as well as the intensified transformation programme announced in December 2018.

Mr Dunkerton had prime responsibility for the Autumn/Winter 2018 range: Mr Dunkerton, as the Company's Brand and Product Director (the role he wants to return to), had prime executive responsibility for the design direction, range selection and range build of the Autumn/Winter 2018 range, which contributed to the Company's underperformance in FY19, and which was representative of underlying issues in the approach to product and innovation. Mr Dunkerton has failed to accept any responsibility for the Autumn/Winter 2018 range, even going as far as to claim that he had no involvement despite extensive and detailed evidence to the contrary.

Mr Dunkerton's return would have damaging business impacts: The Board unanimously believes that Mr Dunkerton's return to the Company, in any capacity, would be extremely damaging to the Company and its prospects. Specifically, that it would: (i) lead to a strategy that would fail; (ii) result in a return to a narrow and concentrated range mix, high option count, and low rate of sale model with a disregard for consumer and data insight; (iii) be divisive and distract from the delivery of the Global Digital Brand strategy; (iv) reintroduce a leadership style that does not fit within

Example when Superdry boss - returned:

RNS Number : 8724U

Superdry PLC

02 April 2019

This announcement and the information contained in it is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into, and should not be distributed in, forwarded to or transmitted into, any country or jurisdiction where to do so would constitute a violation of local securities laws or regulations.

SuperdryPlc

("Superdry" or "the Company")

02 April 2019

RESULT OF GENERAL MEETING

On 1 March 2019, Superdry received a request (the 'Request') from Julian Dunkerton ('Mr Dunkerton') and James Holder ('Mr Holder') (through their nominees HSBC Global Custody Nominee (UK) Limited and Diagonal Nominees Limited) under section 303 of the Companies Act 2006 (the 'Act') that the Company convene a general meeting to consider resolutions to elect Mr Dunkerton and Peter Williams ('Mr Williams') as directors of the Company (the 'Resolutions').

The Resolutions were put to the general meeting today and passed. The number and percentage of votes for and against the Resolutions and the number of votes withheld, together with the total number of votes cast, are set out below.

The Board had previously indicated in the circular issued on 11 March 2019 that, in the event the resolutions were passed, the Directors would either resign or not seek re-election. Mindful of their responsibilities, individually and collectively, as custodians of the business and to the broader stakeholders of the Company, the Board, including Julian Dunkerton and Peter Williams will meet immediately to assist this process of change.

Peter Bamford, Chairman of Superdry, said:

"Whilst the Board was unanimous in its view that the resolutions should be rejected and 74% of shareholders other than Julian and James have voted against, there was a narrow overall majority in favour and we accept that outcome."

Figgy

A thought:
Unrestricted cash should be closer to £160m by close of Sept.
It was £145m June end.

Tick tock ....10 trade days left to Vote

Filtered 2 this am.

Slow start to the sp, should turn around 11.

I would get on to your Broker this morning -
GL

Good Morning Los Amigos,

Day2 - Blue day all day.
14p

Cardinal,
I’m confident JB will be victorious and the two piece of works will resign same day.
The shares are held by the PI’s large and small -
Matter of 10-11 days.