Member Info for Mervvv

FYI everyone. Streets is Moose. Moose calling himself a women, under the name Streets. Hahaha.

Was it streets bragging about the 100k lmao? Oh yeah I know you

Who is the biggest moron can I ask? Moose or Streets. I can't work out if streets is stupid or just taking the ****.

It writes, Resistance at £3.50... while the SP hits 3.52

It's simple. Our sector (online/tech/retail) responds to how the it opens in the US...

As predicted, a break after lunch pushing past 350. Expect this all week. Add Moose to your ignore list.

Going through your history Moose.. you have a cheek to predict anything

He seems to be leaving the door open for further deals as opportunities arise. It might not take long for more brands to come up for sale, as the high street continues to be battered by Covid lockdowns and the major shift to online shopping.

Lyttle says:

This [Debenhams deal] will be funded from our existing cash reserves, which stood at £387m on 31 of December, leaving a significant remaining cash balance to support further M&A opportunities as they arise

Big hint. We will have Topshop too...

Just the 400m revenue with a 6% margin.. yeah whats the point lmao...

Im in at 345! Watch this creep to 400+ as the day goes on.

Considering Mike Ashley offered 125m in December, and JD increased that offer but fell under the 300m asking price, I wouldn't worry. Watch this blast this share all over the news tomorrow with a 30-50% increase.

NOW**

Johnny you clearly know little about business.

Glasgow Rangers PLC were sold in 2012 for £1 - not worth 300m. It's down to the admin team..

Asking price 300m back in Dec.

JD Sports executive chairman Peter Cowgill is said to be interested in the offer thanks to Debenhams’ incredibly popular website, and the fact a deal would mean acquiring relatively cheap property on the high street across the UK.

If a deal were to go ahead, it would mean another blow for Mike Ashley’s Frasers Group, who made an offer of £125 million for Debenhams.

Ashley dropped out of the running at the start of the month after failing to meet the £300 million asking price for the retailer.

Boohoo grew from a revenue of £1b to £1.5b in the matter of minutes.. costing 50m.

Ill try jump on the rocket at 8am for under 450... BOOM TIME. JAMBON IS BACK.

If you at my history, I did have £300k in here just a few weeks ago. Anyway, 450+ tomorrow guys.

Another bit of info.

Sports Direct/Frasers Group bought House of Frasers (revenue of 500m) for 90m in 2018. We just bought Debenhams with a revenue of 3b, expected to be 500m online in 2020, for 50m.

Lmao Taverham, you are up there as the biggest idiot tonight.

That is like saying Kanye West or Lionel Messi would stop wearing Adidas because they own Umbro..

Splice, i'm not even invested and i'm fairly excited to see how big the rise is going to be. Lucky b.

Fair enough Dan. But lets just let it sink in...

Denbenhams had a revenue of 3b in 2016 with profits of 120m.
Topshop has a revenue of 900m in 2016 with profits of 60m.

And we just got them for 50m, instead of spending 300m on Topshop. Wow