Darling how can you say that, I am your wife and you didn't know I have this account did you. Just you wait until you get home tonight. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Today says , the Possible Offer, if made, would represent a premium of approximately 127 per cent. to the closing price of Debenhams . So it hasn't yet made a bid.
I still think we are getting ahead of ourselves here, as of yet there is NO bid only some press comment that he might bid 5p. which I think he let out of the bag just to see what reaction there was.
I think this was / is the first shot at being nice but when it get declined ( although we don't even know if it has been put forward yet ) I also think he will come out with a killer offer to the shareholders of 10p and it will get done even if the bod's don't like it.
Any bid by MA will have to get agreement from the current bod's and at 5p it will NOT be a goer. If this goes to admin MA will have to pay what about Β£150m and there is NO G /Tee he would get Debs over someone else. Come on 10p is the price and that's where we are going before the bod's put it forward. But you have to admire MA for this.
If he does buy control and he wants to be Chairman / CEO then surely he wants Debs to carry on trading and listed as Debenhams. So if you don't want to sell you can just hold onto the stock for recovery.
We must all agree MA knows just what he is doing, so I would have thought he will buy as much stock as he can at the lowest price 2p ish to push him up to / over the 30% mark maybe even up to 35% and then make a cash bid for the rest. Then he can afford to pay 25p for the rest and it would be recommended by the board.
So they are / did hold an open presentation about their new hotels business, they seem to have made their choices for future growth / business and are going all out to show the city wants going on. Another very positive move to drive up the sp, and I guess it will respond soon.
Just what the time scale is. There is all this talk about thursday this week being the deadline, yet in the SD letter it says MA has until 22 April to make an offer. So can the BOD 's go ahead with their plan by Friday this week and as such take MA out of the bidding plan as if he waited until the 22 April it could be too late to save the current Debs set-up, or would any bid still have to be considered.? Any real thoughts.
There is no reason for this to be at this price, it's only down because the city and the shorters have taken control and when reality sets in and everyone looks at what Debs offers the public / retail it's a great business and just been out played by overheads and the city looking for blood. What do you think MA is going to do with this business apart from reduce costs and turnint into a profitable company. share price should be 10p + now.
Come on everyone knows that the true value for Debs in much higher than this price, what's the asset value and prospects. The sp should be between 6p -10p and only pushed lower by the shorts, so let's get it back to 6p -10p before we start talking about offers.
What ever he offers the sp will now start to rise fast, buyers will be pilling in with big volumes tomorrow all banking on making millions , so MA stands to win this with a good offer before the sp goes up too far.
Great news and as I said weeks ago MA cannot let his 30% money in debs go down the drain, it must be a given that he will make an offer otherwise why give this notice. As for the bid I recon it will be 15 p -20 p, but more wouldn't get turned down. Tomorrow start at 6 p - 8 p. Sorry for all those that have sold and lost any money