Member Info for KNIGELK

LSE2000 - I think its more to do with constant bad media press on retailers in general and the fact the shorters have really gone for this (see the other BB - they are working 24/7).. stop losses might have been triggered too.. I am not holding - waiting for results but dyor - the share price is getting a tad silly imho

I am not sure what reality you live in although I do find your posts amusing.. Debenhams sell unwanted stuff? Hand on.. sales last year (without looking at the RNS) were at least £1.5 billion (!!) .. sales are made up of high street stroes - online - and overseas (the latter two being growth areas). I guess it depends on what you go into a department store for.. a coffee/lunch, beauty, menswear, womenwear, children wear, watches, tvs, electric, homeware, bedding, kitchen, other clothing brands.. ok it has to be sellable but their sales suggest people are still buying - and MOST retailers have end of season sales to get rid of excess stock. Debs problems are high rent/leases, wage costs, some poor locations that need modernisation and the fact overall there is less disposable income.. which applies to most retailers. The share price is already on a PE of 5 - can it go lower - yes - but it is already priced to fail imho and any turnaround over the next 1-2 years will see a share price recovery presuming no rights issue happens

Mad reaction. I was expecting a double digit rise on open :-(

Are you unwell? What a rant! Go voters of the other parties are angels? What a generalisation!!

Well not too many posts have been negative here - just a few odd strange ott rants... worse on the other BB because quite a few shorters are doing their level best to push the share price even lower.. Debenhams has a lot of media coverage and there is a major shareholder not being too supportive (imo) and the rumour mill is working overtime. Best to sit and wait for the results when the situation will be clearer.. btw i don't care who serves me as long as they are polite.. and people from all over the world work in most retailers now.. don't single out Debenhams...

Shame the company can't make SPD sell their holding. Interesting times

John plays golf 24/7. So probably lives at the 19th hole

Let's hope you are wrong. 30000 jobs are at stake. The FCA could/should investigate imo. Debs have a decent online/overseas business. Still time to turn this around imho

Apologies, somehow I sent the message before posting it. I presume the PE ratio you quote of 2.5 is historic?
If profits are £33 million pre tax this year then I make earnings per share around 2p .. or a PE ratio of 5.5 - still means there should be little downside but all the bad press is not helping. Re Magasin - perhaps sell a stake instead?

DC2007

..you forgot to mention shareholders too.. re SPD RNS on Friday about being stabbed in the back by the shareholders... if you hold 29.9% of a company - you either should be fully supportive and not block any measures to improve the company balance sheet or .. if you think the company is in trouble.. you should sell out.. not give the impression you are not working in the company's interest .. but your own..

I'm not an expert on shorting .. nor will i ever short .. but it serves a purpose and is a tool when you think a company is over valued and of course over the last 1-2 years they have been right to short this company! Maybe the rules should be tighter .. whose shares are shorted? What percentage? Is the large shareholder(s) shorting their shares? If so.. why!
The ball is in Debenhams court to prove the shorters work now and for recovery to start to kick in... it will be hard because they can't really do a rights issue at this price.. cannot borrow much more due to lower profits .. and need to sell 1-2 assets .. but all I know is that if Debenhams were to go bust at some point in the future.. so will many other retailers.. lets hope not!

So what's the NAV here ..? (or what will it be) Just working out how much premium this share should have .. but obvious the interest makes this a short term trade at the very least.. gl

Governments of the left or the right do not tend to bail out retailers or provide loans to bankrupt companies. The market dictates . Sadly the taxpayer cannot find billions to help out failed companies. Except of course the banks.

You do not see much gloating on LSE.. why? because it will get reported immediately!!
There is no issue with posters saying a company share value is overpriced or that they would not buy at x price - nor should there be an issue with posters saying they reckon x share is still a buy .. sadly it gets too personal and posters take it too far - I have occasionally myself. No one would/should wish anyone to lose their investment money - it has happen to me a few times - at least with Whetstone you have the opportunity to get some funds back at the very lest gl

Anyone notice the 1 (code) trade earlier? Maybe a RNS is coming (these codes are sometimes legit and sometimes not!).. re WGR ... well I use the bus a lot and don't mind sitting on a bus for 40 minutes to go to town to shop (or work).. also cycle a lot.. not everyone has a car or wants to go to out of town centres although we probably do have too many high street shops or some closures will continue and probably certain cities like Bristol (were I live) will instead have more student flats or coffer shops etc !

You know.. cucumber foot cream.. cucumber hand lotion.. etc... no two retailers are identical.. different pay structures.. overheads.. leases.. margins.. suppliers.. locations.. size of store.. etc.. lets just focus on Debs gla

Oldtimer, actually for the second half of the year, I believe Debenhams has been loss making (a poster on the dark side reckons £12 million loss). Debenhams makes most of its profits in the first half and at Christmas so if correct, then JL are probably about even with Debenhams because Waitrose might bail them out at this time.. who knows.. but as the trading statement said, any modest revenue/margin recovery will feed though to the bottom line re profits

Just two types of posters? How boring.. we have posters who are retired and have the time to do more research than other posters.. posters who work but have funds to invest.. posters who do not need to work and have time to play the market and post 24/7.. posters who work in the City and know what they are talking about... posters (me) who have SIPP funds available and trade small cap shares although maybe too many shares and not enough research (!) .. plus rampers.. derampers etc. But I take the point about how posters view CLP and their investments and how long they are prepared to invest for etc.

Maybe it's time John Lewis rethink their "never knowingly under sold" policy? Think about it.. their competitors are cutting their items in sale after sale .. some items are probably being sold .. at a loss!! So if JL wish to match them.. they too will start to sell items at a loss or at best on very low margins.. if some competitors go down .. with this policy JL could go down with them too! At least they have Waitrose to help..
Debenhams need to cut the number of sales and simply offer good value and good quality imho