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No probs Gary,
To be honest I think a lot of people are overlooking the likes of Next and Mike Ashley swallowing Superdry up. Next have just paid £115m for Fatface (with fewer stores and smaller sales than SDRY) and they previously bought Cath Kidson, Joules, made.com and increased their stake in Reiss to 72%. They've made no secret of the fact they want to buy more brands. With a market cap of over £10bn Next could easily ride in here and gazump any low ball offer.
Garydiv,
If the offer was too small (say £30m again for arguments sake) then I think the board would reject it as out of hand. For that sort of money a Mike Ashley or Next etc would just swoop in and integrate Superdry within their existing portfolios of brands. If the offers come in I can't see this going for less than £100m. As we stand now it's just a waiting game.
Evidence of a takeover? JD has publicly stated he wants to take Superdry private hence why the company is in a "bid situation". When the statutory time period closed without an offer he asked for an extension. The board granted him a time extension for him to put a bid in. Boards only grant extensions when a bid is likely. Is that enough evidence?
No news is good news Garydiv, it simply means they're still working on the takeover and putting their offer in to take the company private. If JD was gonna put a cheap bid in (say £30m for example) he wouldn't be seeking backing from investors he'd just put the money in himself. He already owns over 26% so he'd only need about £20m to complete the deal. Pocket change to JD.
Filter you? Not a chance that's what you want because then there's no one left to challenge your garbage. You're just trying to influence people's decisions because you're short on Superdry. It's so obvious it's quite funny. When the first offer comes in and it will you won't be anywhere to be seen. Anyway it's the weekend now I'm off out to spend time with the family I only came back on here while I was getting ready. Laters loser 👍
Ive just got up with a slight hangover after a lovely Friday night out on the town and I can't believe what I'm seeing. Two absolute cretins Dean and Gary spent most of Friday night posting absolute garbage on here when they're not even invested! Get a life guys you really are showing everyone how sad and pathetic you are. How sad have you got to be? Seriously the best thing about the first offer landing will be knowing that you two will be nowhere to be seen. I really hope you get taken to the cleaners.