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Morning Mary,
Yes sorry I didn't mean to come across so negatively. It's an article I've not seen and everyone is free to post either way
Good point re Next. Yes SDRY are not finished yet . There are alot of variables for sure. Although holders can say goodbye to the current SP which I suspect will take a very long time to reach these levels again (if at all).
Happy Easter. Everyone should just enjoy the Easter Eggs today . I'm switching off from here now. Think I've posted enough .
Tuesday will be both interesting and very painful for existing holders but may be some swing trades for us traders .....
Happy Easter Toffers,
Yes that's a good synopsis of the situation.
It's funny we are now on the same page. But even when opposite when you were a bull, you were always respectful and that's how it should be.
I wonder whatever happened to JustAnotherNoob? He always responded with vial crude putdowns . Since the Rns not seen him....
Morning Toffers
It's so good you seen the light here and knew when to pull the plug.
Yes π― agree the Hilco Loans for me were a Massive Red Flag along with the No news and extension.
The interest rates from the lender are very high. To think of the losses they are making and interest payments would be Β£1.6M for every Β£10M borrowed. That's alot of turnover to make that sort of profit
Deep value yes I do
Now it's come out in an RNS and in the news JD cannot lose face again. Believe the fund raise and market exit had all been arranged . What do you think he's been doing the last few weeks
Wouldn't surprise me if IK is involved too
So this is one of the Munchs latest posts . Who do you think will be right on Tuesday. I call it 8 to 10 p. This is what he thinks;
"What price Tuesday, well i think at the end of the first extension we were at 42 and at the end of this one we are 28, so you could argue that the no bid is partly priced in. So i could see a price of 23 at open but its going to be a red day but would not expect it to slide into the teens. Most sellers today were locking in a loss, just like myself, and Tuesday will no different, but there is a time also to hold and wait, and you will get fresh money into the share on Tuesday, you must have, otherwise the share goes to 1p. As I said i have my plan D now in work, might put in some buy orders to catch the falling knife, then release on any rebound. So I might even be a buyer on Tuesday. GLA."
π€‘π€‘π€‘
Good morning Forest,
I'm certainly not wasting my time here. I just try to give some balance and a different view.
I was watching the board and SP on a daily basis and as I said made a few hundred pound (missed out on the spike).
But as I said before wouldn't hold overnight and certainly not to the 11th hour on the last business day of the Takeover extension in the slight hope the Mega bid was landing.
A few have already said that JD to me and helped save some monies for holders.
I am no expert and have my share of bad investments too
Anyway it's only money and time is the only thing that will replace it. In the meantime it's a nice sunny day and we have our Health
Your comment
"IMO a dilution taking the SP down to low teens opens SD up for a hostile TO bid of 25-50p."
The RNS clearly stated:
Superdry said such a move, which would be βat a very material discountβ to its current share price, would provide more financial headroom for its turnaround plan.
This is also dependent on a delisting remember.....
So Dean01 you basically have beer money in here. So what's the point ?
Either way doesn't seem like it's going to make a material difference to you whatever happens. Unlike some holders in here that will lose their shirt .
The RNS is the plan and IT WILL HAPPEN.
Forget any takeovers at a a premium to Fridays close. It's done here no one will pay over the odds here
Hi Jassen I think the fundraising was always going to be the Plan. I said many times on here over the weeks CVA or share dilution which the Rampers didn't want to hear.
I'm 99% sure it will happen as they wouldn't of announced it in the RNS'S as they have.
I hope for holders the announcement and price is published 1st thing on Tuesday to provide clarity . If it drifts on like the fake Takeover discussions the market will punish the price.
The market works like a set of weighting scales and at this point the negatives far out way any positives