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Themuir I had high hopes after I read deb latest rns and thought MA will go ahead with option 2 but to this moment we haven’t hear of him
Daniel I’d like discuss things with you outside this board if of course that’s ok with you. Would you mind if we swap linkedin?
Themuir - I’m not another one!! No one is as frustrated as I am, I’ve got £83K invested in this shitty share at 15p my current loss stands at £70,356.00 and if you don’t believe me I’m more than happy to share with you a screenshot of my IG account on whatsapp. We as shareholders simply got fucked by this incompetent shitty BOD and MA’s move seems to be extremely slow he’s been bragging about funding DEB in the first week of march he offered a loan of 150M on the back of 5% stake in return and be made ceo. You just have to ask yourself subordinated loan was embedded in option 2 of the RNS and yet we haven’t heard anything from him
Daniel how are you? Are they still having a go at you, chaps I think if you’re frustrated of the current situation you should go down to DEB H/O and have a go at the BOD instead of daniel
Metamorphosis - I’m in at 15p but does this really prove that I’m dumb. At least on a 6 figures salary who the fuck are you to categorise people
Themuir01 - daniel is stating facts even if MA strikes a last-minute deal it doesn’t mean that daniel was wrong simply because as of now and given the current situation I’m afraid DEB is at the mercy of its lenders but we never what MA is up to after all he is very unpredictable
Daniel just rise above all the negative posts regarding you. I’m heavily invested here and sitting on a massive loss and yet i fully appreciate your input, i would have loved for your inputs to be on the positive side but you’re saying things the way the are and there’s nothing wrong with that
Scully make up your mind mate you’re sending everyone mixed signals here!!! Buy, sell, bid is coming what’s next?!!
Daniel even when they rejected MA’s 40m then 150m they said it wasn’t in the best interest of other SH because in return he wanted 5% stake and be installed as ceo, too much politics is involved in the current issue, the moment he said he wanted an EGM to boot them it became either SH or them and of course they won’t favour us over themselves. Even their latest RNS says it all if MA calls off the EGM and participate in the funding things should work out just fine. “If you still a bottle of perfume you get done for that, but if you strip SH there’s always a loophole to come out just fine”
You’re absolutely right Daniel I should have sold at 4p last Wednesday and extra 1p wouldn’t have made me rich. Regarding your point on SH should have dumped it a bit earlier is absolutely right too however I’m gonna talk about myself and not other SH, I’ve been totally misled by all the bullshit RNS announced by the BOD, they’ve been talking about refinancing but never hinted that there was a possibility of the SH being wiped out. After all you don’t just mention it a week before you try and finalise your refinancing.
Warik I sold 250k shares last week Monday at 1.54 and took a hit on it next two days it hits 4p, I’ve just given up on trying with this share. Too much corporate politics involved everyone big boy wants a piece of it and in return they want to pay fuck all. MA wants it on the cheap or maybe wants the other 70% SH to hand in their stake for nothing. Come the fucking lenders they want to take the business like the private equity did before them strip it make shit loads of money and float it once again. Btw that 12% rate is fucking unbelievable!!! My colleagues on the money market desk would have made a killer at such a rate from doing a covered interest arbitrage. Anyway I had too much hope when i went it and turned out to be a disaster. I should stick to oil and commodity companies as I’ve been trading them for donkey years
Warik how are you bud? I like your post, I’m still not sure why people think whatever we say on here whether long or short will move the market!! We are considered retail investors by MM unless we get FI’s to buy the share this share isn’t going anywhere
KRSS they may have but the problem we’re facing is that the bod is trying to wipe us so they don’t get the sack by MA. I’m not sure if you’ve read FT today’s article what on earth was this management thinking a loan at 12% with a 5% exit fee!!! Even my 3 years old son won’t agree to such deal
Alwayswinning - I’ve never been a fan of MA even now I’m not after all he did a lot of damage to DEB publicly and squeezed them in the corner ever since he acquired HoF, but atm he is the only option left between us SH and the BOD. Should he do anything at the end of the day he’s doing it to save his stake and not ours
Alwaysswinning - all what’s been mentioned on this board is MA making a formal bid but he was also given 2 other options either underwrite rights issues or participate in a subordinated loan the latter works out cheaper and MA is yet to make any announcement I’m beginning to feel he’s given up on the idea of having DEB under his umbrella I hope I’m wrong
Too little to no information is being given to us as SH, if they wanna wipe us they may as well do so at least we know where we stand. I admire this useless BOD and how they word their RNS!! If you have funding needs just go ahead and sell MDN after all they bought it for less than 40m so MA’s offering 100m was a fair value given the current situation
Posters on here seem to have x-rayed MA brain and they know exactly his next move!! He’s been given a deadline till 08/04 I’m pretty sure his financial advisors are working around the clock to decide what will be the cheapest option for him. IMHO having his stake wiped out is off the table for him otherwise he wouldn’t have come up with the 40m then 150m and finally followed by a potential takeover bid.
Ps while we are glued to this bb arguing his next move, he’s enjoying his time and a have top model sitting on his lap
Warik I’m a bit confused I don’t see how making him ceo will fall in the change of control clause after all he’s just being appointed ceo and not acquiring the company
Meant to say if he was not messing around
On the contrary warik on the 14/03 he was prepared to splash 150m in return for 5% extra stake and being made ceo if he was just messing around then option 2 of debs RNS should work for him and the worst case he can install himself as ceo in January EGM. IMHO
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190314:nNRA87m805