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Greggs is fine and they do a great sausage bap for breakfast :-) but I do miss the CHOICE... we use to have five separate chains in Bristol centre including Mountstevens - which had been around for 50 years... now ALL have gone .. and we have five (!!) Greggs shops within an one mile radius of the shopping centre. Good luck to them and I repeat, I use the shop - but it is a shame when jobs created are also the result of jobs/shops lost elsewhere...
Perhaps I am being too negative considering the history.. the placing price is at a sharp discount (as per usual) and I doubt we will be able to take part (which is so annoying).. BUT the company continues and shareholders will have a chance to add or sell out which is fair enough GLA
Ok, well who has been ramping CLP while selling down? Not RKB because he has stated he has maintained his current holding (for some time now) and others here probably don't hold enough to make a blind bit of difference. However I agree - posters should not just say when they buy .. but also when they sell (to be fair to LtdAxis - he tends to state when he sells - which seems quite often lol).. I can't stand people ramping while selling either .. we all know shares were rampers appear to push the share price up but simply disappear on the spike and don't say they have sold out - totally agree it's unacceptable - but Spary1 has been here quite a while so I doubt you can count him in with this type of ramper, ok?
You mean a trader who is positive one minute after buying and negative the next minute after selling. A bit closer to being a snake imho than someone who has held for months and simply waited for the claims to materialise and the eventual re-ratjng. The constant in and out trading is probably one reason the share price has drifted for months in end. The MMs must love it. Btw if you don't like the company or how they communicate then why are you even here holding!
Come on... how often do you see ANY company PR department defend their share price? How often have M&S stated "we are pleased to report a 50% decline in our share price over the last five years"...
You have to remember this is an investment company with a range of investments and historic claims and the share price performance recently has been down to a constant seller(s).. NOTHING the company can say will stop someone selling if they wish to - especially as the fool (imo) is selling at a loss !!!
Thanks Johnny for your opinion .Goodbye.
Below NAV. Debt converting at sp premium.
New investments. Multiple claims in the works.
Focussed management - some only appointed in last two years.
I'm prepared to sit and wait. The troll can do one
Relates to the Irish business element - makes sense as it was always separate - FYI here is it:
Debenhams Group announces today that Mark Gifford is to be appointed as a director and Chairman of Celine Jersey Topco Limited, parent of the Debenhams group of operating companies. Mark has a wealth of experience in large scale turnarounds, bringing stability to retail businesses and delivering change and growth in the consumer sector. He is currently Chairman of Radley Group and a non-executive director of Ann Summers' parent GGI and of No. 9 Investments (the McCarthy family investment office). He was previously CFO of Game Digital from 2015 to 2018 and CFO of House of Fraser for eight years.
Stefaan Vansteenkiste, Debenhams' CEO, said:
"We are delighted that Mark will be joining the parent board to work with our investor consortium, who have confirmed their continuing commitment through providing additional liquidity for our peak trading. Mark's expertise and understanding of business change as well as the retail industry will be invaluable. I look forward to working with him as we deliver the turnaround of the group."
Mark Gifford, Chairman-Elect of Celine Jersey Topco Limited, commented:
"Debenhams is strongly backed by a supportive investor group with substantial resources and has an experienced management team with a clear plan to deliver a turnaround. I am excited about the opportunity to play a part in building a successful future for one of the UK's best-known retail businesses. We are assembling a strong group of Board members and I am looking forward to working with the team as we implement the necessary changes to deliver a sustainable and profitable future."
Just noticed a RNS this morning on a new BoD appointment - one of a series of appointments it seems in the works with the financial backing of the new "owners".. not sure how a RNS has been issued (maybe due to bondholders?) but a gentle reminder that this company continues to trade and that solutions were found to keep the company afloat - just that the old shareholders were never asked to assist financially... never mind... not the first time nor the last I suspect this happens
One thing is for sure - one side will be forced to eat humble pie in a few months time imho... it may be the bull side - who knows .. yet.
Btw I think its a fair comment to ask why some posters post bull points one week and bear points the following week - if it is not to try to get a lower price (and I don't think BB comment makes any difference and there's several posters who post far too often here - inc me) then what is the reason......??
Thought you sold so not should why the posts/research on a company you keep having doubts with. Either invest and stay in until the claims are resolved or stay out. It's mad to keep popping in and out like a yo-yo. Really!!
Might..might...might... Don't worry yourself, no one will.bug/sell based in any views here as BB threads are just one tool.to use...so the question is why so much effort ..let us make/lose.momey if we want to..and stop the preaching