How I see this3 Apr 2019 13:37
Realistically, if MA does bid he will 'save' whats left of his £150m invested already at a cost of £60m. On the other hand, he'll have a huge task on his hands to turn this around whilst also dealing with the debt hanging over our heads...
However, if done properly and MA is able to negotiate better terms on those loans and also reduce lease costs through combing SPD, HOF and DEBS into one HQ, one shop instead of 3 etc we could become extremely profitable. This is going to take a long long time to sort all of the logistics and finances out. However, I firmly believe that if Ashley were to buy Debs, in the long run he will be able to restore the SP to levels unimaginable at the moment. That's why I'm here. I don't want 5p a share, I want MA at the wheel for 18 months, I want more like circa 50p a share and truly believe this is very possible IF and that's a big IF Ashley does bid. If not then I lose a lot of money but I'm willing to take that risk.
The main question is, does MA want to lose his original £150m investment? To me and you that sounds stupid. But to a billionaire it isn't going to cause him many issues. Maybe he wont be able to buy that beach front villa in LA but does he care? Probably not.
He wanted Debenhams' name a while back and still wants it so that is where imo we see the 50/50 swing in the favour of an Ashley bid.
As always DYOR etc etc