Member Info for nezlob

bisto
never read your post bit saying they borrowed 86 million on 5/1, you werre expecting that to be cleared on 6th I guess?
And where does the info. that they borrowed that amount on 5th, it's not on an RNS is it?

bisto,
You're right Carpetright did as I have seen, surprised but it must have worked?

Still have no answer on the point regarding RCF being expected to be cleared on 18/12, that UU said?

I see when you were more positive on Debenhams on 1/1/19 you posted this "Debenhams used RCF facilities to get through this. At the end of December 2018 there is no outstanding RCF loan, only the bonds loan."
I can't blame you for getting more negative about Debenhams I feel that is genuine, but what has happened for you to infer that Debenhams had not cleared RCF on 6/1/18, when apparently they had nothing to clear 6 days earlier?
Or did they borrow some millions to hire that Theatre for Ashley and his Dubai mate to stitch them up in at AGM?

bistolover
"my gut feeling is, a rights issue is coming very soon with a cva to get rents down"
These two things are incompatible

bistolover
It is also as clear as daylight that the RCF is not due till June2020.
So why are we interested in 6/1, also agm on 10/1 so it would mean not cleared even on 9/1 and not planned on 10th?
What does cleared infer anyway, the RCF is for £320 million, will they have just dipped into that or will they have had to clear £320. What in your and upsides book does it entail, and where are you getting info, like it was expected to be cleared on 18/12/2018 when it is set to run till 6/2020?
Where is this information available, or do you just work on unstated things that are as clear as daylight?

What leads you to believe Debenhams had not cleared their RCF on 18/12 or that they had not done so by 6/1/19. This info is not in their RNS's where is it published?

Maybe they didn't buy them but what does it mean.
I read it exposes them to share price changes and possible loss or returns over a period of time without actually buying the shares just paying some kind of fee
Also read they are sometimes used in takeover situations?
You are the expert upside can you explain?

Anyone have any idea of what the implications of the cash settled equity swaps that JPM has done for 5% of company?
This might be important?

"DEBS will survive no doubt"
stop this ramping sains!

Initially I kind of felt S2 is too over the top in his support of Debenhams, and felt he was almost too much against the likes of upside, SV, RV etc.
But I am warming to him, these people spend their time (an inordinate amount) working up script to write on here, when they apparently have no interest beyond us investors saving ourselves from our own foolishness, can they be real?
Smartie at least is trying to big up his own position, even if he is a bit over the top, and somebody needs to call these people out.
So well done Smartie2, for me you are my Smartie no1, good man,

"no credit insurance with have a huge impact on margins". this has no logic.
No credit insurance cannot affect any margins, unless you mean that cheaper suppliers will not supply so Debs are foced to get from someone charging a premium..
This is not that likely, thay are more likely to get less from the same suppliers and paying more up front, which is likely to get them a duiscount and increase margins.
When you make something up you should at least try and make it realistic.
Who says they need credit insurance and who says they can't get it, it has only been published by (a negative?) media. I know we might presume insurers might be reluctant with the high risk but it is not an established fact>

You're a strange man you say many times you trade this share buy and sells, yet every (buy at least) time cast doubt on the sense of what you did. You might learn the lesson if you just read your own posts, or are you making them up?

Loads of smart women’s clothes at £5, yeah if socks, the odd scarf, knickers and slippers are smart clothes?
Men’s suits at £45 - 85% reductions ... if a suit consists of only a jacket (or a pair of trousers)

Actually have now found somewhere to look at these reviews, many are bad.
They don't bear any resemblace to any of my dealings with Debenhams.
They also dont bear any resemblance to reviews on Debenhams actual site where you guess you would have to be seen to be an actual customer
Makes me wonder about their authenticity, I know all you Debenhams doomsters will likely think this stupidity.
Maybe it is, but it just seems another case over the top dissing?
Though none of the posters were called Mike A so maybe I am wrong.

Huh, what are you talking about, back it up with something?

and our old mate Mike Ashley, lets hope he can concentrate on that profitable part of his empire.
It seems less likely that he will be able to sell Newcastle United as time goes by, and as some on here saw that as a way of financing his buy of DEBS, this is a positive.
It could be something is going on on the quiet, and of course he is hoping to get for 2/6 from administrators anyway so we will have to wait and see.

I cannot see any RNS regarding this and see there was not one last year. Is there any indication how SPD and HoF trading was over this critical period?

No, I think you are good, and in no need of gods help! I have not had time till now and need to think whether it might fall back later for a little better price.

T works by th look of it, good job!

Ricardos automotive and european bias cannot help while all this brexit shite goes on.
However I am totally out of touch with what the companies been doing lately so maybe there is more to it? They publish a quarterly mag, now digital, which is an interesting read for anyone in the car or engineering biz. I should read it and catch up, but just not had time lately.
I have noticed they have been involved in more environmental things lately, both water and air pollution. This strikes me as good stuff to get involved in. They also have done a bit in US defence, I think on Hummer/derivatives. Both these things you would hope will stand in good stead in long run but I guess are not enough to stave of the EU gloom.
Am thinking of doing some serious topping up with the little money austerity has left me, would appreciate some others thoughts, afrc, a fellow RCDOphile in particular.
Have to go and watch next move from those dicks in Westminster now, will look tom. night for any advice, TIA,
the Zlob

It is sad, and it is bad.
Media, major shareholders, shorters all back him though
Will he be able to force this company into admin, and then buy, probably.
His/SPD manipulation here has been little short of disgraceful, those Newcaste fans know what he is like.
I hate it when people like him win out but too often they do.
We know boss men like him who basicly force others to do as they wish, come what may, it's not nice.
I don't need any of those here who seem to think he is just being a good businessman tell me that either.
I am almost as tired of all this as I am of Brexit.
For now I will shop at Debenhams, I hope I never do if SPD own it.
PS upside I don't mind feeling bitter about men like Ashley, but it's not just bitter about him, it;'s bitter about the whole corrupt system, shorters, Landmark, bankers. They are greedy at the cost of many.