Member Info for isdeer

Will it hold, back to even money on this share, as a long term investor I’m delighted.

I’ve held this dog for years, it’s boom or bust for many on here, they won’t be suckered into selling on a slight blip.

I'm holding regardless for my 10 bagger.

Jersey’s Tax Advantage: The 0% corporate tax rate in Jersey (vs. 24.94% in Luxembourg) allows B&M to allocate profits tax-free, significantly reducing the group’s effective tax rate to 15%–20%, driving the £40–£50 million savings, this would align with shifting a significant profit portion to Jersey’s 0% rate.

Senetor1

The net benefit of £200–£475 million annually was calculated by aggregating the estimated financial impacts from relocating the corporate headquarters.

1. Immediate (One-Time) Benefit:

• Market Uplift: £110–£275 million, based on the potential increase in market valuation due to the relocation (e.g., improved investor perception or alignment with a more favorable market).

2. Recurring (Annual) Benefits:

• Tax Savings: £40–£50 million per year, derived from optimizing the effective tax rate (e.g., reducing from the UK’s 25% to an effective rate of 15%–20% through foreign tax credits or jurisdictional advantages).

• Capital Return Boost: £50–£150 million per year, achieved through enhanced share buybacks or dividends, enabled by improved cash flow or tax efficiencies.

• Cost Savings: £0.5–£1 million per year, from operational efficiencies (e.g., lower administrative or regulatory costs in the new jurisdiction).

3. Net Benefit Calculation:

• The total annual net benefit range (£200–£475 million) combines the recurring benefits (£40–£50M tax savings + £50–£150M capital return boost + £0.5–£1M cost savings = £90.5–£201M) with the one-time market uplift (£110–£275M) annualized for impact assessment.

• The range accounts for variability in assumptions (e.g., tax optimisation success, market response, and cost efficiencies) and assumes no adverse tax changes (e.g., new regulations or loss of credits).

In what way wrong?

I didn’t use an RNS lorenzo.

For the market uplift, I just went by peer group, ASDA migrated to Jersey in 2021, its share price increased by 3%

So potential share price uplift of 2%–5% c£110–£275 million market cap, based on peer reactions.

Everything else is based on tax implications, cost savings and capital returns.

Good explanation deepjoy.

In layman’s terms

It allows employees who receive a cash bonus to delay part of it and receive company shares instead.

The shares are given to encourage employees to stay with the company or to tie rewards to the company’s stock performance.

The block listing means B&M has pre-approved a pool of shares that it can use over many years time to give to employees as part of an incentive plan, It’s basically a stockpile of rewards to distribute when employees hit their targets or choose to defer their bonuses, making it easier for the company to manage without constant approvals.

Moving to Jersey

• Tax Savings: £40–£50 million/year (if foreign credits optimize UK 25% to 15%–20% effective rate).

• Capital Return Boost: £50–£150 million/year via buybacks/dividends.

• Cost Savings: £0.5–£1 million/year.

• Market Uplift: £110–£275 million one-time value increase.

• Net Benefit: £200–£475 million annually, with £110–£275 million immediate and £90–£200 million recurring, assuming no adverse tax changes.

The EGM is to approve relocating the Company's domicile from Luxembourg to Jersey, such that the Company will become a Jersey company this simplifies the Company's corporate and administrative structure, providing greater flexibility for returning capital to shareholders going forward, including through share buybacks.

45 new stores opening this year, I see that as a positive.

Holders didn’t sell at open with that large drop, nice rally back, hopefully it persists.

The SP is overdone after the RNS, this will rise during the day, great opportunity for people to buy in.

It’s just one huge scam, I thought AIM was bad, this just highlights it doesn’t matter where you invest.

I like many here saw my investment drop like a stone this AM and thought initially there was some mistake, I was wrong

New stores opening, major investments, new CEO, all profitable with a decent RNS update and the sp crashes.

It’s sickening for long term holders who had thought the tide had turned, it only gets worse.

Maybe the new CEO can give us some insight as his presentation starts at 9am, he really needs to prove the markets wrong and bring back some confidence to the SP.

18 gross stores in B&M UK opened in Q1 (10 net), on track for 45 gross new store openings in

the year.

B&M France continued to make good progress in the first quarter with LFL3 +1.1% and total

revenue growth of 7.6%; 4 new stores opened YTD

Heron Foods continues to trade profitably following a number of years of substantial growth.

Work to strengthen revenue growth continues. 2 gross store openings this year

Its all positive, all profitable whats not to like, let’s see a decent rise today.

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Anyone with a short position is closing out before EOD, it would be mad to do otherwise, that’s obviously only the case if you know in advance that the up and coming results will be negative for the SP, in any case why risk it.

Even neutral results should see a rise given its currently trading around all time lows.

Hopefully that’s the shorter now appeased and we can start to see this sp rise going into results on the 15th.

Let’s hope, GL all

Results are due 15th, we have some institutional investors who are aware the results are fine or indifferent so they are part selling and relying on you to sell up so they can buy cheap, it’s the games they play, that’s one view, the alternative view is some major players are aware the results maybe less encouraging so they are selling down and retail investors are following suit.

I’m of the view that results are fine, so I’m holding, I may be wrong but that’s the chance you take.

On that note I’m sure if the price picks up towards the end of week my theory is correct, let’s wait and see.

Corry, You are correct when you say T+2 settlement applies to both sides of the trade so if you sell on XD day or any day after you will still be on the register on the 27th, however this is where you are wrong In UK practice, when you sell, your ownership is removed from the register intraday on the TRADE DATE for dividend purposes, even though settlement occurs 2 days later.

The T+2 cycle finalises the trade but doesn’t preserve your eligibility.

The RNS specifically says you have to be on register the 27th end of day.

It’s trade +2 days, in the UK so if you bought on the 25th or any day before that, you will be on the register of share holders at close on the 27th, you won’t if you sold or bought these shares anytime after close on the 25th is my understanding.