Member Info for Garydav2

Article was posted today Boob .

Expect any outcome here now. Could be a Fire sale, CVA or D4e .

Who knows what's happening behind closed doors ....

GLA

The most worrying for Investors from today's Retail Gazette article could be very disappointing for Shareholders. GLA

Superdry is thought to be considering a potential company voluntary arrangement (CVA) and a restructuring plan.

Retail Gazette

FASHIONNEWS

Superdry has drafted in advisors from restructuring specialist Teneo as it continues to explore cost-saving measures.

The ailing fashion retailer is understood to have been working with Teneo on its turnaround plan over the past few weeks, Drapers reported.

Superdry is thought to be considering a potential company voluntary arrangement (CVA) and a restructuring plan.

The retailer had previously enlisted PwC in January to examine debt-raising options and hired Interpath Advisory last March to draw up a cost-cutting plan for the business.

It comes as Superdry co-founder and chief executive Julian Dunkerton is understood to have held talks with Laura Ashley owner Gordon Brothers and Oakfurnitureland backer Davidson Kempner as he considers submitting a takeover bid for the retailer.

The fashion firm revealed in January it narrowed its pre-tax losses on a statutory basis from £17.7m to a profit of £3.3m thanks to the sale of its intellectual property in the APAC region.

Don't think you will get an answer here Mary with Toffers latest conspiracy theory....

Not a fancied Mullins horse this one now.

More like a 20/1 shot....

Hope you saved some money for next week Toffee.

Might be more luck at Cheltenham than on this.....

How exciting price now at 33.5p !!

Last Friday 40p plus.

Today 33.8p and still all these bullish posters

Stock cheque £200M ????

Dream on. That's 6 X current market cap so £2 share.

Dont think so. The Company is outdated, overpriced clothing and making massive losses.

I'm not saying it won't get taken over but take off the rose tinted glasses. SD are not in a strong position here and any valuation is likely to be a low one.....

Superdry to be bought out at 10 to 12 times the SP now ??

🤡🤡

Really??

The market cap now is only £32M

Jefferies increased Short RNS

Share price 40p last week. This week 32p.

Getting exciting here ....

No bid more like 4/7 ;)

Another day and no news. JD must be sweating now ....

Needs both signs of the coin to be discussed on here Two Fat Ladies.

The business is in dire straights and is loss making !!

Superdry (SDRY) has had a far from super year. After a short delay, it has reported a £148mn loss before tax for the year to 29 April 2023, amid “extremely challenging market conditions”, particularly in the wholesale division. As well as the cost of living crisis, the fashion retailer said “poor weather” in the second half of the year subdued demand for its spring and summer clothes. The new financial year has also got off to a rocky start with sales sinking by 18.4 per cent between May and July. “Unseasonal weather” was again used as an excuse.

Superdry (SDRY) has had a far from super year. After a short delay, it has reported a £148mn loss before tax for the year to 29 April 2023, amid “extremely challenging market conditions”, particularly in the wholesale division. As well as the cost of living crisis, the fashion retailer said “poor weather” in the second half of the year subdued demand for its spring and summer clothes. The new financial year has also got off to a rocky start with sales sinking by 18.4 per cent between May and July. “Unseasonal weather” was again used as an excuse.

Price drifting down daily. To think it was 40p last week. Market is pricing in no bid. Watch for that next RNS . If it's NO BID price will drop like a stone and you won't be able to get out

Still no bid?

CF only a couple of days away. He won't be able to accord to go at this rate. The big money bid still hasn't landed.

Tick Tock ......

Musk - we like your charting. 463 now gone....