Member Info for Level5

Never learn do they - https://www.which.co.uk/news/article/watch-out-for-debenhams-group-retailers-delivery-insurance-at-the-checkout-awGSf9z9iyIk

Can't force a consumer to accept additional services - can't seem to get the hang of this online selling malarkey either. More bad BOOs.

You won't see any strong buys showing soon. I think some are trying to understand why all those large buys were really insignificant in the greater scheme. Likely to go sub 20p now that RBC have revised their target price. Volume has dropped off & summer holidays approach. PP59 probably cashed in. Another day - another drop. If there's no good news there must be plenty of bad news coming.

AB - the future

VAT hike

Income tax hike

Nationalise Thames Water

Will stick to current fiscal rules.

Will increase national debt.

Reduce transport costs.

Improve the availability of social housing, education & training.

He will take a global approach to local issues.

A case of wellies in the desert & a fork to shift the sands. Good luck. It might be more than a ten year plan. However, if housing & energy costs are reduced many would benefit but the balance of economics means a hand of good gesture has a clause.

Meet Andy Pandy in his house, where he counts all the things he owns and loves, and plays with his friends Teddy and Looby Loo.

Certainly a stock to hold & many good trades today are helping the rise. Keep going, rewards will be great.

In for a pound. £152.75K injection into the share portfolio at 10:42 today. Well for whatever reason, it is a bold move. Obviously looked into this company & understood fortunes may be made. Well let's see how they do. Like a herd of buffalo heading for the green grass, there is always one that goes the opposite way. Hot weather is bad for retails sales by the way, unless its ice, drinks, head-ache pills, aircon or fans.

There are plenty of stocks to learn from & learn to avoid. When they start the placing game just to keep going (like the mining industry) they are on thin ice & require clear direction to keep investors onboard. Pay awards at the top while still making losses year on year should not sit well with shareholders. All hype & low earnings on my chart. Sell out to Frasers would be the best option.

Lyttle John acting big at M&S - after leaving Boohoo he is on his way to doubling M&S's online fashion business. Obviously didn't have the money behind him at Boohoo & that is Dan's dilemma.

https://corporate.marksandspencer.com/newsroom/press-releases/ms-acquires-new-state-art-fashion-hub-it-steps-ambition-double-online-sales

You cannot have a static business in this game because the competition will outpace you.

FED1 in the early stages despondency. The darkside is waiting for you.

More spin to come at the AGM but off topic will be the sales drive. Dan appears to of never liked Boohoo and you may find that he never mentions the name in any article since the name change to Debenhams.

Looks like the blip in the share price is over & it's down again towards realistic prices. No 25 or 35p, no mechanism in place to do anything about that either. When you run out of hype you often run out of cash.

Dan Fingers set to receive £148.1M in 2030 should the share price reach £3.00. Payment would be made in stock. Well that should clear out the returns shed!

Happy for him, with all those odd sized stretch fabrics. Sure I read it right.

While existing shareholders would be delighted with such a dual event, reality seems to be much more unfortunate with Dan & his shareholders facing the prospect of tin cans (Special Brew) outside the monolithic abandoned stores. He is on his last legs if sales or commission based earnings do not accelerate in this financial year. Will he walk the talk or wobble?

Maybe a Busker for Debenhams - whey hay. Bells whistle & that accordion! May bring in some needed cash.

https://www.retail-week.com/fashion/can-debenhams-group-get-over-its-sales-problem/7051420.article (PAYWALL)

Its a bumpy ride before the engine breaks down.

A fair minded opinion given on the latest results -

https://retailtimes.co.uk/debenhams-group-achieves-a-profit-turnaround-while-the-top-line-keeps-shrinking-says-globaldata/

What would be the driving force behind a surge to 35p I wonder. This had had its spike in the charts & like old age has ended up on a slow walk to the cemetery. New blood & cutting edge tech won't save it. New names / brands with new ideas would but only if backed with big money.

https://www.glamourmagazine.co.uk/article/best-online-clothing-stores

Only Karen Millen gets on the list. PLT gets on some other lists. Not creating the buzz for the new generations is Dan.

Looking at a different angle from todays results. Would it be fair to say that the future of DEBS will be just a commission earning enterprise?

Stock lite & all that jazz would mean, they hold nothing, send nothing & refer all complaints to the suppliers to whom they charge a listing fee. Revenues will fall as the only revenue generated will be on commission fees but just how much of the current revenue is earned from commission?

Doomed to fail as it lacks large corporation backing. DEBS is not the store you use know! They miss the major concept in selling & the one that the likes of eBay & Amazon have learnt.

Two years it look for one lucky gift card holder to find something she wanted at Debenhams (prior to admin).

https://www.reddit.com/r/AskUK/comments/k4rl8h/does_anyone_actually_go_shopping_in_debenhams/

to be fair, I searched for the best experience too but wasn't grabbed by anything.

Here is Dan on the Beeb (6 days ago) - https://www.bbc.co.uk/sounds/play/p0nqzrzc spilling the beans.

The elephant on the books is obviously REVENUE which was declining at a rate of -17% but has now accelerated to -25%. This is NOT turning around despite all the fish waving. Just keep mentioning profits. Don't bother with GMV as comparisons as they now differ because some calculations are now based on commission value & not sale value. Can only be a STRONG BUY if money is flowing inward. Brokers will make you broke. 35p my ginger wotsits!

Just for PercyPipe59 - https://www.chess.com/forum/view/general/someone-keep-stealing-my-prawns

If Dan was playing chess he'd be left with the prawns!

In one year managed to dispose of over £100M of assets! Crackers!

These are the true headlines -

Revenue falls 25% to GBP917.0 million from GBP1.22 billion and

gross merchandise value declines 22% to GBP1.82 billion from GBP2.32 billion.

Outstanding by any measure. Still onwards & upwards once the group gets the hang of recovery. 25p was indeed the red herring. 23p by the end of day.

A good start to the week in terms of the number of trades but it would appear that the bogeyman has made the choice as they run for the exit. Fearful of the next RNS due Wednesday.

What news event could possibly knock this over 25p?

Lots more long time holders have arrived, while many found an exit point...

Oh, year end results are to be published next week - a jolly read indeed! Snorkel time!

Trades look like a red carpet - get out of Dodge! Won't be this high again.

More like an income of £4M P.A. than a one off payment. Still welcome news in any event.

So back to the dooming - UK growth declining spells additional headwinds ahead. Row row row your boat.....