Member Info for fordy88

Scotty, Shetland, Evolve etc

Fair play to you guys have called it right so far and I wish you no ill will. Serious question though. Now the SP has bombed today down to what is currently 14p have you guys closed your short positions or are you leaving them open thinking this has got much more to go?

I'm long and I'm holding simply because I don't think this is anywhere near finished yet and in my opinion there's gonna be plenty more twists and turns. If I was short from mid 30's or above like you guys I'd be taking my money now and patting myself on the back for a job well done. Just curious to hear what you've done.

BH/Bank Holiday

To be honest I don't think a suspension would be a bad idea.

I appreciate you saying that you're not an analyst but you've made some pretty bold statements and you can't back any of them up.

Anyway that's enough from me for today. Who knows what lies ahead in the coming days and weeks? I think this book has plenty of chapters left. Some of them probably haven't even been written yet!

Good luck all.

If you're telling us all the rents are too high and the shops are empty and the leases are too long etc surely you can back this up with figures? Just give us a price comparison with with another retailer say Next for example like I did with revenue to employee. Whats the average price per sq ft Superdry pay compared to their competitors?

Can you provide your source for which shops are empty please?

Also which shops have high rents and could you let us all know what the rent is please? Also which stores have leases that are too long? Tbh I wasn't aware of any of this so I'd be really grateful if you could provide the information. As for nobody wanting to buy the clothes and them not being in fashion then sales of £600m say otherwise.

To think the company is doomed just because it has 4000 employees is ridiculous. If you do the maths as you suggest with say Next for example we look in far better shape.

Superdry revenue approx £600m/ 4,000 employees so group revenue £150,000 per employee

Next revenue approx £5.8bn/46,7000 employees so group revenue £124,000 per employee.

Of course we all know there's much more to it than this and the fact that Next is making sheds loads of money highlights the point but Superdry is in a transitional period and it's not all doom and gloom as some in here would have you believe. Next has to contend with high rents, business rates etc and has shown it can be done and you can make money. Superdry now needs to do the same. Whether they can or not remains to be seen.

JD can't sell or buy shares during the offer period without informing the markets and issuing an RNS.

@sheltie

Why do you always fail to read someone's post fully and then answer it to satisfy your own argument? Strange creature.

He will only be able to buy the vote so it's just gonna be interesting to see at what price?

Yeah I just think anything is possible at the moment. Nobody saw an equity raise, rule 9 waiver and delisting coming last week lol. Knowing that a suspension is the last thing that shorters want is handy to know when reading their upcoming comments.

What happens to short positions on Tuesday morning if trading is suspended? Are they stuck in their positions?

Morning guys. I've just got up after a well deserved lie in this morning to my usual routine. Coffee, let the dogs out, have a smoke, check the news and check emails.

Thought I'd drop in here just for a quick look. Jesus guys don't you know it's the Easter long weekend? Don't take this too personally but haven't you got lives or families? It's just constant drivel being posted now for the sake of posting lol. Have a Kit Kat lads and put your phones away until there's some more news this type of behaviour isn't healthy. Anyway enough from me I'm away to take a cup of tea up to Mrs Fordy then I'm gonna take the dogs for a nice long walk along the beach. The sun is out and it's a beautiful day. Enjoy it guys! . I'll take another sneak look in here this evening to see if anyone took my advice!

Have a great day all.

According to market screener.

Name Equities % Valuation

Julian Dunkerton

20.18 %

HSBC UK Bank Plc

16.81 %

James Holder

4.968 %

Jefferies International Ltd. (Investment Management)

3.907 %

Gatemore Capital Management LLP

3.612 %

Ian James Kellett

3.331 %

Abrdn Investment Management Ltd.

2.940 %

Canaccord Genuity Wealth Ltd.

2.873 %

Hargreaves Lansdown Asset Management Ltd.

2.792 %

First Seagull AS

2.423 %

https://uk.marketscreener.com/quote/stock/SUPERDRY-PLC-6064359/company/

Doesn't he need 75% of the independent vote? His votes wouldn't count.

Sm66

Read the RNS he wants a rule 9 waiver implemented meaning that he wouldn't have to make a cash offer at the highest price once he breaches 30%. The more I read and digest the more I think JD is nothing more than a crook and wants to shaft every other shareholder. He should be thrown off the board.

Isn't any raise and delisting dependent on a shareholder vote or have I got this wrong? He owns around 26%. HSBC own 17% and I think around 55% is free float. Wouldnt we have to vote on this course of action so nothing could be just sprung on us on Tuesday morning?

Can anyone explain how this would work please?

"An equity raise conditional on delisting"

Who is going to buy the shares if it's being delisted?

That's the nicest "I told you so" I've ever read. Fair play to you Garydav you were right all along. I'll stick my shares here in the bottom draw now and forget about them. We go again.

Have a great weekend all.

You can't win them all. Hopefully with the loans now in place they can continue with the turnaround and even avoid a future equity raise. First quarter results will be interesting. Good luck all and have a great Easter.

If they thought this was going to the wall they'd bail and recover what money they could and take a loss.