Member Info for KNIGELK

LSE2000 - my investments are though my SIPP - fully invested at the moment but once I dispose of an investment then Debenhams is near the top of my list for my next investment ok?
DC2007 - I can only go by my own financial situation - most of us have some disposable income left at the end of the month - whether we spend it in Debenhams, food, gambling or investments - my point really was that THIS CHRISTMAS Brexit is not an issue for me - completely agree that by next April if we crash out then it will be a different matter for most of us to different degrees.
Kriss - not sure about austerity - if you depend on benefits you have been hammered - tax allowances have increased sharply from £6.5k to £12.5k next year - so personally although my salary has not kept up with inflation since 2010 - I been in the same job for 30 years and on balance I am probably holding my own income wise. Completely accept it is different for many others and I think interest rates should not increase at this time.
As for HoF ... MA may get this wrong and eventually close the lot - if he then decides to go after Debenhams at least he would have then had the experience of trying to run a large chain of department stores - so may have more success a second time. Still think it is 50/50 that he will go for Debs.

I don't know about any one else but Brexit will not change the way or amount I spend this Christmas.. I have so much disposable income - and tend to spend a similar amount each year. It could be more to do with the fact that overall our personal debt levels are as high as they have ever been and there is simply not much debt left for some to be able to borrow and also interest rates are going up .. which is the real risk considering so many of us have significant mortgages eg. my fixed term ends next July gulp!

Poor outdate. Now possible loss for current year. I predict 10-20p drop today sadly. However, get Brexit sorted and the retail sector might start to recover

Poor outdate. Now possible loss for current year. I predict 10-20p deal today sadly. However, get Brexit sorted and the retail sector might start to recover

Some results out elsewhere. Black Friday was poor for Bonmarche and no improvement since blaming Brexit. (I would imagine a bounce if/when a Brexit deal is done). SPD results out. HoF kobviouslt having an initial negative impact and note the debt increase! So suggests still tough out there in the high street so we can only hope Debenhams outperform the dire high street...

RNS out - trading update. Delays mean poorer results for the second half but decent outlook for 2019 - bound to be a reaction... no mention of Brexit .... not sure if/how WTO (if it happens) will effect Tex - will monitor as an ex holder

I would love to see negative press coverage... what a bizarre comment! Can one ask .. why? Usually when the media covers a story on business it is negative because it is then news worthy.. Ted Baker.. PG... Store closures... rarely do the media mention the success stories.. the jobs created... the new tech.. new stores opening etc. that's the British for you --- enjoying the bad news..

Spary1, I have to agree. When a new poster appears, rightly or wrongly, I am always wary. At least we know the funds will be available in time to settle the 31/12/18 bonds

Don't normally ramp but one word. Boom.

Perhaps if the poster on the other BB is correct that GSC holding is actually down by 4 million (I am taking his word for it because this guy does his research) then it's clear why some parties are HCR

Good find - what this means then is that there will not be results until February? (instead of later this month).

Last point for now - as I am honestly not trying to be arguing for the sake of it ... I believe you. I just think there may be other reasons like a) his comment relates to a store marked for future closure or b) a CVA is going to happen. It doesn't automatically mean MA is about to takeover Debenhams BUT I can see your thinking. Apologies for being so blunt.

You have a fair point about AB - maybe there are reasons like he cannot sell due to his personal circumstances? I also accept that WE sold shares partly to provide liquidity. I also accept that if small shareholders benefit then of course it is obvious that the bigger players will benefit as well. I have also said getting a listing will be a big plus. The only big negative - since you asked - is that mad premium to NAV - but if shareholders wish to pay such a premium for future potential - who am I to argue? See - I can "try" to see both sides. I just wish others could to.

The key factor to consider is that now the share price has to be at a significant discount to NAV. I know of some shares that are valued at 20x NAV - mad isn't it?

Well we KNOW this is not fully accurate for two reasons.. A few weeks time? Well posts here suggest MA cannot bid now under end of Feb/March. The other reason is that any takeover offer will take time - will the BoD accept it? Will shareholders accept it? What will the shorters think? Will it be referred to any body (Competition Commission?)
"Next Year" might be more accurate imho

If we must talk about HoF .. then surely the key number one event that will happen if they go bust is the simple fact that Debenhams will no longer have a major competitor in their sector? It will HELP Debenhams - they would/should gain more market share - take on more customers - have some stores in their portfolio which will no longer have a Hof nearby. I don't disagree that the rental issues for HoF have some indirect impact on future Debenhams discussions (indirect as in separate landlords - slightly different customer market - private not public) but I don't presume a CVA will happen or MA will take over Debenhams. For what we know, he might want to sell out ASAP once (if) the share price recovers.

Says Mr Happy Chilled and Relaxed - whatever happens here. Four year suspension - HCR. One tiny investment HCR. Still on Britdaq HCR. etc etc. What's worse? Saying it as you see it or ramping away with this HCR nonsense whatever the situation? If events turn out that WRN shareholders receive money back I will be happy for them - no question ok? I just perhaps see reality a bit different - what will it take for you NOT to be HCR?

QE - you have a point but I simply wanted to reply to the original post on Carpetright as it was about CVAs. (you know the event that some think will happen in 2019). My only earlier point was that more posts seem to be on property issues and HoF than discussing Debenhams! It was an observation and not meant to say don't discuss off topic subjects - just that they had taken over the thread apologies!

Can you name these posters please? Personally I do not know or have ever met anyone connected to this company nor live in Scotland - just got interested in the unique events of this company and held for a brief time 2013/14. BTW you seem to be negative one day and positive the next.
BRF simply asked for a detailed explanation on how Worthington will receive the claim - how much would be left after the creditors and all the costs were taken out (ie. the pension protection fund might want their fair share). The answer he got was - FO DYOR. How nice. How can people change their view or sentiment if the ones in the know will not pass on their knowledge?

Whatever I am, I am not far right. My views are common place. Are you far left?