Member Info for HarryCaul

Back in the real world.
https://www.bloomberg.com/news/articles/2020-08-20/strand-equity-s-rodsky-eyes-brands-with-500-million-venture
This is exactly why companies such as TED are attracting interest.

Another holding in company.

I think they do.

One of the things I picked up on, reading the commentary on the recent ASOS acquisition of the Arcadia assets, was that in their eyes, it was the holding company that was the issue and not the Brands that it held. In the right hands, these brands can flourish.

They should be smashing the E-commerce side of things with such a strong product offering.

With some decent management, the situation could be very different.

Agreed, liquidity looks strong.

Bricks and Mortar under pressure, with stores closed. This will make the group look more attractive to Digital brand platforms looking to acquire distressed Brands.
No surprise to see Brexit issues, this is affecting many companies moving goods back and forth - hopefully, this will settle down as issues are worked out.

As you pointed out yesterday DM, the sales look to be little and often, which without the excitement of last week, is knocking the SP back. It may panic a few out along the way, especially those who have positions on margin.

I don't think that any bid will take into account what the BOD paid for stock several years ago, as the World has changed, and the Retail sector has been smashed to pieces.
However, French Connection as a Brand is still relevant and still has Global appeal, hence why several Digital Brand Platforms are keen to acquire it.
The potential bidders will be more than aware that Mr Marks will not be giving it away. But, everyone has their price one would suspect.
My only concern with this situation is that Ashley is out, and he's no mug. Did he believe that the upside was limited? Or did he just lose interest?
I'm sure it will all play out over time.

Yes, looks like they're heading up to the 29.9% level.

So, they effectively control the playing field now.

They're just part of an Algorithm trade doing their thing, probably trying to sell at an average price over the day.

Most orders in the bigger stocks are generated this way, but in smaller stocks, they become more noticeable.

The wonderful World of HFT!

Agreed.

I still think the situation looks very strange.

So the article suggests Frasers sold the stake at Thursday's levels?

Water under the bridge now, let's see what the current interested parties offer.

I'm sure the Journalists will be all over it as we speak - think I'll leave it to them.

Never a dull moment in this one.

Very odd indeed.

I would be very careful as well playing guessing games on a public forum.

Well, I'm reading, FCMUK which appears to be housed in the Boi Group - which has some familiar brands.

The TR 1 is out

What do we know about this chap?

What a funny old game!!

You just never know with Ashley!

However, he is one hell of a punter, so if someone knocked on his door to bid for his stake, I wouldn't think for a minute, he would take a lowball offer.

I think you're right!

I was just re-reading some commentary on the Mulberry stake acquisition last Year from Fraser Group.
In the article (Guardian) Analyst Nick Bubb commented that Ted Baker, would be the logical way for Fraser Group to extend the Group's Premium Fashion business.

I think with the flurry of consolidation within the industry, TED may look vulnerable at the current levels.

I hope it was a decent premium to Thursday's price, otherwise, he's going to be mightily hacked off!

Reported that the trade was done on Thursday - before the major price action.

The consolidation continues.

https://www.telegraph.co.uk/technology/2021/02/07/dialog-advanced-talks-4bn-sale-japans-renesas/