Member Info for KNIGELK

It's the other way round Smartie2. If the company secures a deal before the end of March - MA probably will not wish to bid. He will be diluted (like the rest of us). It now seems to be a race as between whether the BoD gets funding secured or MA will make a bid first.

Just to repeat my post earlier, ask questions - fine. It just makes sense to have your own answer too. (Which you provided in your subsequent post). When the news flow dries up of course some may be concerned. I don't think we will have long to wait though here..

Spary1 you know I'm a shareholder here right? Unlike you I don't just ramp. if I have issues with X share I will say so but I tend to support my actual investments - but none of my investments are immune from the odd negative point if valid!!

Smartie2, a bit rich to ask Pearls what's his agenda (what's yours?). He is after all a shareholder!
Up to last week I felt MA would wait to see if Debenhams would go into administration to pick up the pieces rather than make a bid. Now i am not so sure. He knows if Debenhams secures funding or has a CVA he can forget making a cheap bid from a diluted position. So if he is going to move and bid it will almost certainly be before the end of this month. Stay out if you wish but stop the sniping on those who choose to stay invested thanks

Well if you have an question (that is valid) then I presume you also have an answer to your question? Otherwise no point bring it up (except to spread doubt....)

I guess it wasn't important while in private hands and the company was making £100 million plus profits for a number of years after returning to the market. They kept kicking the issue down the road until it hit the wall. Btw maybe one of the property experts can explain the high rents when we have had a decade of record low interest rates?

Pearls, the trouble is that if he buys Debenhams he might bring it down (anyway) along with HoF - if he follows the same tactics. There's no point having a HoF and Debenhams in the same shopping centre when you own both. Not really sure what's his end game is here? Perhaps to owe the entire high street to be a force against Amazon? He's not young either (like PG). Will his family want to carry on his legacy or have no interest ...??

Smartie2 - completely accept you have been honest with your trading position and whether you are invested or not - fair enough - not enough posters will be honest about their reasons for posting or agenda - I also started posting as someone looking in considering an investment. However lets be honest - the D4E and CVA discussions have been going on for months - indeed Sains started the CVA discussions (in hindsight well before it was a serious option considered on here) probably back in September - so you invested here while both the D4E and CVA risks were known - the only difference now is that both look very likely and very soon - so if this is the reason for exiting - say so - but don't "pretend" that you did not know the risks while holding thanks

..and you knew all of this when you were invested (which appears to have been a number of times for different periods over the last few months).. you don't just suddenly wake up one day and say "wow - why am i invested? Look at all the possible outcomes! Look at the risks!" LOL - you are so transparent - changing your views to suit your current position - whether it's invested or not invested.
As for the D4E - different papers say different things - a £150 million fund raising probably means shareholders will end up with 25% of the new share issue if priced at 3p (why should it be much lower) .. it would mean SPD 29.9% holding is cut down to less than 8% - no wonder MA is doing everything in his power to upset the apple cart. None of this is helpful re the BoD and employees focusing on trading etc.

It makes sense - so few people go shopping at 9am. I also mentioned at the time that M&S had changed their opening hours which upset some of us in the office who used to go food shopping before 9am. We not as likely to go clothles shopping before work! Some banks also now open at 10am in our shopping centre. Again, a lot of what is happening ATM is not just related to Debenhams but the entire retail sector!!!!

Isn't the story misleading. States £522 million in debt facilities between loans and bonds but actual debt at the year end was £321 million? Actual debt and your lending facilities are not the same (amount).

HC, you did notice your spelling slip on your 2318 post Friday night? I'm amazed it was not removed but LSE admin seem to go missing in action at weekend. Mine you, I am one to talk. We do seem to have a number of English teachers posting here :-)

Fair points - if you invest solely in small cap or AIM shares - then expect wild swings - also agree if you are looking at a few shares to invest - you might not pick the right share .. or it might take a while to outperform the other share(s) you were considering to invest. It's a long term game - investing - you will have another opportunity at a later date (i am sure) to reinvest elsewhere - we all pick a few winners and a few losers over the years. I am sure this is a low point here - but we do need a bit of news soon (to avoid more sellers) GL

Probably will be news (leaked) in the Sunday papers from various sources going be past events here...

Law student - next time, perhaps have a 20% stop loss in place. It saves a lot of pain speaking from experience. Sometimes you have to mak a choice. Sell out - average down - or hold. I know though that when I have sold out of a share with a big loss, I keep monitoring it instead of focusing elsewhere. Also sometimes the share will have news and double after I am out. Investing is not an easy game. If you believe in CLP re expected positive newsflow - sit and wait. If not or if you cannot wait perhaps months for news - then consider your options. GL whatever you decide to do.

LOL 0.6p is a great entry point. Anything under 1p should be rewarded .. in time. Wow when I usually invest, I tend to get a tad more positive - not just continue to look at possible negatives . Not a good way to live your life either.

Yes the pension schemes are simply not an issue in this case as they are fairly healthy compared to other companies in the sector. It's fair to ask why non holders only post on the one share - but it's up to the poster(s) to say why or not. Usually though it makes sense to either have held the share or may consider investing in the share to post just here. But hey ho..

Realistic View - you sound more desperate by the hour - 80 posts this month ALL on Debenhams - a share you have no financial interest in - you can discuss your own investments you know??
Your comment on the pension scheme is daft - HoF has a pension scheme - SPD has a pension scheme - I suspect Evans Cycles and all the other companies he has acquired have pension schemes!!
Debenhams pension schemes are in a far better financial state than many other company pension schemes I can tell you.. Employer contributions could even FALL. They could even consider a pensions buy out ... It is NOT a factor on whether SPD or MA might a bid for this company or not - were I do agree with the shorters/non holders is that MA is not being honest about his intentions - he should make it clear to all shareholders whether he intends to make an offer or not for the share capital - or whether he plans admin and picking up the pieces (which should not even be allowed to happen)

HC - it's IF administration hits.. not when.. remember it's your opinion.. not a fact

OMG - just seen this - really surprised because the results - just issued 1-2 weeks ago - were really solid and imo provided no hint of a future shock like an insurer contract loss. As some may know - I acquired Helphire shares at 1p many years ago now - at the time was told I was mad to invest - but I always felt this business had a cycle and I got in at the bottom. Now it appears the cycle has passed its peak and a period of decline may happen. Sold must already but kept a few here - may add on further weakness but will re-assess over the weekend. The correction is right and probably enough - providing there are no further contract losses...