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Crash the share price by 50% and get a massive pay rise, what message does that send. If Magic Mike wants to be in the money again he must get the share price down to £1 in the next 12 months. If you worked on a till or stacked shelves and under performed they would sack you from your £8.21 an hour job

Massive buys today, can see further increases next week. Would be interested to know who bought the big stake today

Looks like we are soon going to see £2 or lower which is not that surprising given the state of the stores/ranges. Only hope is a private equity buyout, a complete management change and huge investment in shops. If not, we have another Woolworths scenario

Would have expected at least a 10% fall given the latest numbers. Tesco’s cannot maintain market share despite spending a fortune on their stores. Unless they are able to reduce prices (something they are reluctant to do) this will continue. Maybe another 5% off tomorrow?

Surprised we did not see an increase today after positive updates from Young’s and M&B. Pubs are trading well currently

I can see a takeover offer coming from abroad

So the man at the top gets close on £700k pa to reduce the shareholder value by 50%. I will do the job next year for £350k and promise only to lose 25%. Any takers?

Someone will bid for this eventually as price is low and exchange rate low but not until the whole Brexit mess is sorted out. In the meantime (1-3yrs) sit back and take the dividend. Name one other stock that you could hold for 3 yrs at 5% return with a potential 30% premium. Insurance companies and investors will keep buying in at curreebgtbpri each

I cannot see a turnaround here. Go into any Debenhams and it obvious that their stock levels are very low which probably indicates that suppliers are reducing credit terms. This leads to them selling less and making less and so the cycle continues. Realist ally I see administration and Mike Ashley buying back the better stores but shareholders will lose out again

Look forward to seeing the list of names and seeing if this goes wider than finance team

The link below on Luke Johnson’s Risk Capital website says it all!

https://riskcapitalpartners.co.uk/portfolio/patisserie-holdings-2/

Breaking news that PV has been bought by a private equity company which is great news for the staff. Let’s hope Paul May and Luke Johnson do not get any proceeds from the price paid. Both will have heavy losses that they will no doubt us as tax write offs but will hopefully have learnt an important lesson about what happens when you both get greedy and exploit staff and shareholders?

So Luke Johnson and Paul May own the Tunbridge Wells freehold and they did not declare this in the accounts. Another example of these 2 directors finding ways of taking cash out of the business with total disregard for the fact that this was a listed company. Pay your staff minimum wage and take out as much cash as possible in as many ways as possible. Unfortunately for them they pushed it too far and brought the whole thing down

I wonder if the debt left by Patisserie Valerie will be the final nail in the coffin for DEBS? Must be a significant loss of income and huge costs to convert the space to an alternative use or introduce their own operation.

Love the games that administrators play. Offload all the underperforming sites, say that there is lots of interest in the remaining business and let me guess, their preferred purchaser will be from a former major shareholder or director. The buyers make loads, the administrators take a large fee and the small shareholders get 1p in the £ in 3 years time. All legal of course

https://www.birminghammail.co.uk/news/midlands-news/birmingham-philpotts-fined-35k-after-13157211

Nothing for shareholders but plenty for Luke Johnson if he buys the best bits back from the administrators. Small shareholders never count for anything in these situations.

Does anyone know if he is still claiming that he did not know anything about the transfers of money? If he sat in on the board meeting, surely there will be minutes as to who was present when such decisions were made? He either has a selective memory or he was negligent with his and shareholders money. If he profits from this scandal, private investors should sue

Let me guess. Company will be put into administration, Luke Johnson will buy for £1, shareholders get nothing and Luke Johnson takes full control. Like taking candy from a child!

Can anyone name a worse run company than this in 2018? Absolute joke of a company with a chairman who claims to be a business guru.