RE: Debenhams24 Jan 2021 22:17
Instead of typing sh*t in here Dan go and do some research. Debenhams bidding prices from Mike Ashley were asked to be around 150m, with expecting sales ONLINE to be around 500m a year. Why do people like you even have accounts? We've potentially just added 50% to our REVENUE for 50m!
Their margin in 2016 was 6%, gross margin of 12%. Thats AFTER paying all their staff and shop rents. We could potentially pay the cost within 1 year of trading. WOW! Why the hell did I sell most of my shares in here last week. Well done for those holding, deserved it, so many ideas in here like Moose and Streets.. and Dan.
30% rise tomorrow.