Member Info for isoltofcamelot

Oh right so that is all they have in the store then is it? You have just ignored the Exeter Link I have just posted. I know some one there that says that is business as usual with all the retail outlets still in place. Maybe London is a bit going downhill. lol Awwful place now by all accounts.

Which one have you shopped in then?
https://www.devonlive.com/news/devon-news/amazing-plans-house-fraser-unveiled-2706388
Amazing plans for House of Fraser unveiled - including shops, hotel and swanky rooftop bar

It's being greeted as a boost for the High Street and jobs in the city centre

Sports Direct said on Tuesday that it is continuing to "actively evaluate" a conventional takeover, priced at 5p per share.
https://www.express.co.uk/finance/city/1111705/Debenhams-store-closures-administration-collapse-shares-suspended-mike-ashley

'Relieve pressure'

Days before a lender-imposed deadline is due to expire, Sports Direct at the weekend offered to underwrite £150m of new equity funding for the retailer, but only if Mr Ashley was appointed chief executive and £148m of debt was written off by lenders, who include banks and hedge funds.

The department store chain's financiers are considering the offer, according to City sources.

Sports Direct, which owns a near-30% stake in the retailer, confirmed its proposals on Monday and set out that it was still considering a £61.4m bid to take full control of Debenhams.

In a stock exchange announcement, Sports Direct said it had until 17:00 on 22 April to announce a firm offer or walk away.

While both ideas were being considered, it would pursue only one of them in the event it was agreed, it added.

Over the weekend, in a letter to Debenhams, the firm said it was "keen to be a supportive shareholder and financier".

Cont: Lie detector

Sports Direct issued its strongly-worded statement late on Sunday, accusing Debenhams' board members of misrepresenting what had happened in a meeting between the two firms.

Sports Direct claims "misrepresentations were made to induce Sports Direct into signing a non-disclosure agreement, locking them out of any ability to trade in the bonds or equity of Debenhams for a period of time".

Sports Direct said Mr Ashley and two colleagues had already taken lie detector tests themselves, the results of which "showed without any doubt" that they were providing an accurate report of the meeting.

"Indeed, Mike Ashley's score for example was so significantly high as to be considered rare in comparison to others," the statement said.

Sports Direct called for Debenhams shares to be suspended while the matter is investigated.

Retail tycoon Mike Ashley, who has tabled a rescue bid for store chain Debenhams, has accused its executives of "a sustained programme of falsehoods and denials".

He urged them to take a lie detector test and called for an investigation and the firm's shares to be suspended.

Mr Ashley has offered to inject £150m into the beleaguered department store, as long as he is appointed chief executive.

Debenhams did not respond.

Mr Ashley, who is Debenhams' biggest shareholder, has been embroiled in a battle for control with its board and has already made clear his disdain for its current management.

He launched the latest broadside as he waited for a response to his offer to invest.

If his bid is turned down, the company is likely to go into administration this week.

It all makes sense he said he was only going to offer the 5p if he became CEO, and that is really fair enough the BOD have failed so why would you want to put millions more in and let them carry on losing your money?

I see is this hidden in your hair then? You do behave like one that does on here. A psychopath!

Whom said it was just SP you have got wrong. You are just another commoner garden shorters that is like a parrot.

I do not know what you have this name, because you have not got anything right yet.:-)))

At 15.35

DEB - DEBENHAMS ORD GBP0.0001 at a price of 2.0939p

I have just seen on live prices.

MA is no different from any business man so what are you taking about. THEY do not run charities any of them. You are talking utter tosh. They will do the best for their business first and if can help share holders they will do that too..End of.

Spot on post and very likely how it is and will be. Well said. :-D

So that is why there closures, restructuring and negs for lower rents going on like the House of Fraser did to survive and make profit in the present climate.

Good post well said profit seeker...

Utter tosh was directed at your post.

Utter tosh....

Shorting are we the bb would go private before accepting 2p. ZZZZZ