Member Info for HK85

N1shares all the facts you stated about DEB assets are true however even if MA proposes 20p per share the BOD and lenders will simply reject. The BOD actions are personal rather than being professional

Cordenadam if you’re willing to give me your whatsapp I’m more than happy to send you a screenshot of my 2018 p60 btw HK are my initial so you’ll be able to tell that the full name mentioned on the P60 is mine

Deepestblue while you’re trying to make fun rest assured my salary and bonus makes up to 10 times what you make

Lse2000 I’m an fx trader i trader volatility on some funny crosses unfortunately my bank doesn’t allow me to trade fx for my own account if i loose on shares it’s not the end of the day for me after all I’m on a very good bonus this share trading it’s something on the side for me

Bigdano if TCG goes back to the 60s level I can recover my £73k loss from DEB, i hope it was a good buy

Pokerchips to much corporate politics B/S was involved over the past few months, I’m usually not a pessimistic person but i don’t see a positive solution for SH here. Just call it a day and accept the fact that it was a bad investment and try to make up your losses from investing in a different share.

Ps before anyone calls me names and point at me as a deramper I’m still sitting on an £83K at 15p average price.

Pokerchips whichever way you look at DEB we as SH have lost, MA has proved that he’s messing around on Saturday he proposed RI with the conditions on him being made ceo. The board agreed to that in their 4 conditions, today he added another condition for his RI that the lenders write off 148M. No lender will agree to such deal as they can easily strip the company into pieces and sell it and make shits loads of money that way

Daniel I’m good mate i looked at their chart and went through their fundamentals it looks promising

Sorry daniel meant to read thomas cook!!

Daniel how you doing? I hope you had a good weekend. I need your opinion on Thomas cock as I bought £40K worth of shares today at 24p. Are you on the thomas cock borad?

Pokerchips even if the deal is agreed tomorrow you’ll have alwayswinning saying I’ll give it a few months before DEBs fails he’s very determined!!

Alwayswinning I’d rather watch Netflix than arguing back and forth with you.
You simply won’t accept that MA is having it his way
Point 3 of DEBs conditions says it all that the lenders have already discussed and agreed with the bod the 4 conditions otherwise the lenders will fuck their life for embedding such a condition without their consent

Alwayswinning I’ve read the full article city sources pointed so what! All what matters for this deal to go through is that MA meets those conditions the rest is media speculation

Warik I wouldn’t do anything simply because throughout the week i have a job and don’t have much of a time to spend 24hrs on this bb like he does as for the weekend I’d rather spend quality time with my family

Alwayswinning in debs rns option 2 was very clear for MA
cancellation of the request to convene an EGM of the company, a stabilisation agreement with the company and a commitment by Sports Direct to either underwrite a rights issue by the company
When he proposed a rights issue yesterday he was already aware and complying to those conditions

Alwayswinning you simply don’t understand that bridges can be rebuilt, bod and lenders all what they care about is money, as for the hedge funds they have already made their cash by buying the distressed debt from other lenders

Alwayswinning thanks for your advice but I’ll pass as I’m more than happy to give my invested money to the lenders

Global_2017 I’m beginning to admire how keen you are that MA won’t go ahead with those conditions!! We have another Dr. Phil. Could you pls tell me at what time you x-rayed MA head and knew what his response would be

Alwayswinning refer to point point 3 unless the bod didn’t discuss the matter with the lenders they wouldn’t have embedded point 3 in the first place

Global_2017 if think you didn’t get the memo

The conditions laid out by Debenhams board are that Mr Ashley:

:: withdraws his request for an extraordinary general meeting aimed at ousting every board member apart from its finance director
:: enters into a stabilisation agreement which would require him to refrain from public statements that could damage the company
:: agrees a press release with Debenhams and its lenders that would be issued jointly on Monday
:: provides a legal guarantee that the £150m he is pledging would be provided if Debenhams agrees to his request to become its chief executive.

Alwayswinning in case you didn’t get the memo sergio is not longer sitting on the bod as of January so replacing him with MA isn’t tipping anything and rest assured should DEB carry on trading it’s just a matter of time before the BOD will get the sack. Btw once they get sacked no company will ever try to hire them because no shareholder will ever vote in their favour after what they tried to do to deb shareholders