Debs11 Sep 2016 12:18
We knew the stores had longer than avg lease lengths years ago, are HSBC that far behind? Most leases factor in rent rises and whilst not knowing all that facts I suspect these costs are known and expected. Well apart from Ireland where rents were reduced via examinership, not an option in the UK. Rent tribunals??
Whilst I would prefer then to own stores the longer leases prevent them from loosing positions for some time also. A new upstart might offer higher rent and force the others to increase more or lose a prime position. If a recession hits then Debs might find it harder to walk away so its all swings and roundabouts.
Magic Mike taking spd private .... I would not exclude it hes powerful enough and does the unexpected.
What does next week hold? more 59 to 63 price swings I also found this interesting ;-
"A total of 17 firms have issued a report on the stock. Two firms rate the company a strong buy, three analysts rate the company a buy, 10 firms rate the company a hold, three brokerages rate the stock to underperform, and lastly one brokeragerate the stock as sell with an average target of 70.88GBX
Debenhams PLC has a 52 week low of 51.25GBX and a one-year high of 90.00GBX with a P/E ratio of 8. Debenhams PLC�s total market value is currently 0.0 GBX."
So its worth nowt then. Maybe we should all be selling before someone notices!