Member Info for KNIGELK

LOL I really didn't realise Friday is the favourite day for a RNS.. what news are we expecting?
Look I hope news comes soon - and it's decent ... but I am not sure what will change the sentiment here - however I will say "good luck everyone" because we need it..

Happy birthday RKB .. I'm curious, how did you get a present of 800,000 CLP shares? At least I now know what to ask for this September lol

Can't read the full article but SPD believe the votes in favour were "unusually high" and a joint challenge with other parties including landlords might start against the CVA...
I did have a feeling MA would not let this go without a fight... he has a lot to gain and probably not much to lose (ex court costs) taking the legal route..

Telegraph online: Breaking news - Sports Direct considers legal action against Debenhams restructuring .. i

All I will say is that it's not advisable to make promises because 9/10 times you will break it in a BB thread that has your interest. Although there is one thread on LSE were I promised not to post on this year and so far have managed it. As for the courts - I guess the question really is "have directors been sued before for misleading shareholders?" "Have any court cases been successful? Surely a few directors have been fined or jailed over the decades from various misdeeds .. Debenhams will not be the first company to not be fully transparent in their RNSs imho. Look at this another way - if the directors had been in secret talks and suddenly a takeover was agreed at 10p..when in a previous RNS they stated there were no ongoing discussions - would shorters ..suddenly burnt by the share price rise be calling foul? It can work both ways so perhaps try to be a bit understand of a few shareholders still not being accepting of what happen here (yet)

Tuesday: "this is the last time I will post here" Friday: apparently not !!!

Pearls, in short - as far as I am concerned at least part of the reason shareholders ended up with nothing (the debt obviously had to be tackled as well as the rent) ..was to lock MA out... well done Directors - it worked

You should also blame SPD-MA in part for the mixed signals - a possible 5p offer that never happened - various financial offers with strings attached - some shareholders like you probably stayed invested because of his antics and expectations of a bid - that's fair enough but NO ONE comes out of this in a good light imho. Again 1) why did the apparent debt go up £300 million in just 2-3 months? 2) why the urgent need for the refinancing? Bonds did not have to be repaid for another two years 3) why the going concern comments in the annual report - misleading or what?? 4) why were shareholders told in a RNS that some options would result in wipe out but some options would mean equity being maintained? Too many questions and not enough answers - the shorters don't need to be concerned!! They made their money and perhaps should be now spending their time looking at their next target (Thomas Cook?) .. but shareholders deserve more answers - from the BoD - MA - even the lenders - has the debt now "disappeared" in exchange for the equity they now have as the new owners? Clear as mud isn't it?

LOL since you have been following me around the threads insufgesr it's you acting like PC Plod. When you are not logged in the filtered posts are readable. When you are logged in, it states X message has been filtered. Since I have only filtered the three sad shorters who keep posting on here I don't need to pretend anything. I knew who had posted and my " can't move on" comment was spot on. Since I work in retail and what happens to Debenhams matters to me (for various reasons( I will keep posting. Not sure why shorters need to keep posting but I stated a reason why. Pearls - keep it up - what happen here was bad especially when the directors still have their jobs!

It is strange/rare though to set up a new account to ramp a share... it is just so transparent.. happy to discuss whether MOS has a future.. answer: cost cutting is helpful but only material increases in revenue can transform the situation here and I have not seen any evidence of this happening .. yet

Pearls, I have to laugh that it appears to be the shorters who "cannot move on" :-)
I have seen shareholder action groups on other threads - tbh I cannot recall any being successful but if some shareholders want to take this further (especially SPD) then it's their business if they do so - most will agree there are unanswered questions. It would have been "better" if the company had simply ceased but it continues and so do the directors in their jobs. I do wonder if any successful court case for shareholders (again I repeat it probably has literally a zero chance of success) has an impact on those with a short position?? Might explain their continued interest :-)

...and there we have it..the admission he is only here because of the low share price and opinion this means a re-rating and subsequent rise. Maybe..maybe not.. the company needs a rise to have any chance of getting another placing to succeed .. thanks for confirming..

Actually I traded the share a few times and got out before admin because I could see it wasn't looking good - let's be honest - most of the retail sector is in dire straits atm. It does appear Findel is breaking out of a range - although I am no chart expert gl

It's all about timing. If people invested at £3 they are in a loss. It does look like patience will be rewarded and will consider a reinvestment. Apologies I only commented on here due to the Debenhams saga and past investment so let's move forward gl

Skindle - there was no need to go onto another thread to attack me on a comment I made here weeks ago - looking at the share price I called it wrong. I guess the reason the share price is higher is because SPD might bid again at a later date - remember if they were to sell out it would probably hurt the share price but as an ex holder I am pleased to see the offer was unsuccessful - WE ALL CALL IT WRONG SOMETIMES

Skindle - since LSE is meant to be a discussion website - I simply made 1-2 short comments on the Findel situation as I saw it at the time - I never expected anyone to be daft enough to trade on my comments nor on anyone comments - ramp or deramp. FYI I held Findel on and off for long periods over the last decade or two - I had nothing against the company and perhaps you can remind me what I actually said. At the time I simply thought SPD had enough shares to make the offer manatory and it seemed a "fair" offer - happy to be wrong but please grow up and acknowledge that some posters on this website can be positive on x share but negative on y share. Some posters are always ramping every share they post on - shorters will post negative on every share they post on - I try to be balanced in most threads I post on - I am sorry you took it so personally that you had to come on here to comment ffs

What news?

I agree that the share price is so low that any material buying or a new agreement RNS could see the price going up 100% (some of us need 500%). If the CEO really wants to encourage existing shareholders to stick around then I suggest the following 1) no deferred salary - the reduction needs to be permanent in view of under performance 2) existing shareholders need to be invited to take part in future placings and not be locked out 3) consolidate the shares to avoid wild swings and the ramps 4) more details of projected revenue with future agreements. The company needs to get the trust back for LTHs to return to positive sentinent

Well you can invest in what seems a safe share and it can still go wrong - PV being a recent example. The simple fact is the greater return you are looking for - the higher the risk..

Most shares have risk. Most shares are a gamble of sorts. That's why most invest in funds or multi holdings. The company continues to trade - thats what hurts the ex shareholders. Now we will find out if MA really wanted Debenhams to complete his jigsaw alongside HoF or whether it was all hot air. He knew the debt level already when he suggested a possible 5p bid. He is just another factor of why some shareholders feel let down. Agree though this was never a share to put more than a small amount in.. and it didn't work out for the longs