Member Info for MaverickD

Should see this breakout today! Nicely positioned

Magasin Du Nord has a valuation of £200-250M. With the weaker pound due to Brexit jitters they could well get a decent bid from a foreign buyer.

They are holding off this particular divestment whilst the numbers are being crunched for the refinancing, but with that trump card up their sleeve I can't see funding being a problem.

It would appear that after all the order filling over the last few days we should be heading back up - last time the resistance was at 4.01 and I would now expect this will be broken as we aim higher. As I have said previously imho fair value has to be around the £150m mark maybe a little higher. JP Morgan's position also interests me - talk it down and buy it up......investing at its very best!

JPMorgan are buying clearly, we have the CEO that bought 1.2 million shares In Nov '18 at over 8p we have bounced off 3p, as I thought we might.

As I have said previously there is a great risk to reward here, because Debenhams are an institution on the high street with outlets in multiple locations. There will be a cull of the headcount and perhaps 50-60 stores, along with a CVA then this will emerge a lot stronger and profit making proposition!!

They have been using the spread to make it appear that people are selling and the algo has taken this lower - combination of factors. Sellers shares are being collected here. Not sure how much JP Morgan has bought up, but clearly in there interest to have the stock and the MMs are getting it for them

As she goes, nicely working its way back up.

3.9/4p finish this week would be good. Build on that next week

The update from CAL looks promising in terms of the retail picture and footfall info. Debenhams appear to have a fairly decent psf rate, which they have acknowledged they are in advanced discussion about - so they will clearly support the CVA. Intu are the other operator and they too are likely to support Deb, so I do believe we on the cusp here of a big announcement and re-rating. Will definitely be seeing the sp reflect the optimism overall about the refinancing.

It’s been nicely moving up and mms have taken a fair bit of stock, but a number of the sells are actually buys - manipulation of the bid and offer. Tomorrow should see the 4p broken and a continued move higher in imho.

There is also details of the sales of its Danish Store Portfolio, Magasin du Nord along with printing firm Magenta. If a decent price is attained for both then you are looking at a tremendous bounce on the cards here!

Should see this now fly through the 4p mark!!! I am hoping to be near 5-6p come Friday

Methinks those last trades - fat fingers. Looks like an MM was trying to buy at 3.9/4p

Tide has turned......watch this get chased now!

with everything else in the mix

Is on the cards - it has been building for a few days.

Just to point out with reference to Directors buying - well Sergio Bucher bought just shy of 1.2 million shares at 8.3p about 8 weeks ago.

Just to point out revenue is not the issue - it's all about bottom line and profits. Boost this and you have a well performing business! Economics 101

Who says that cash is needed? They are operating within RCF and they are looking to drop a number of stores to streamline the business. Internet sales are growing, so the banks would more than likely just provide a little headroom and flexibility for this to turnaround. Retail, sector wide has been beaten up a little of late, however this presents a great opportunity.

Will soon be out and tell everyone that they bought in at the bottom - probably have multiple accounts, as they were probably stating it was going down the pan.

Waiting for this to be chased higher and all the buyers to frantically push it up. Shouldn't be here and won't

Been here before...….walked down and then wait for the shot up!

BOD have not released anything as there is no material change - why would they.

I believe that we could well see a correction to the upside as shorts cover and we get new money heading this way.

Be careful some will be toasted!