Member Info for ojogger

Can someone help me what date is this take over scheduled to happen. Also, when is the vote.

I stand by what I voted for. Therefore, I topped up. Unlike, many of the investors or non investors who comment on this board, I don't trash my investments. In fact anyone who is holding and post negative tripe, why didn't you sell when you had the opportunity.

Bon Scott: This is why I question whatever you say. If you hold boo shares, why after all this, are you still trashing them. Surely, it would be best to get behind them and at least give the new CEO a chance to prove all the doubters wrong. That's me done, no more msg from me, for now anyway. And for all the readers with a few bob to spare, jump into two of my tips: MBH & REAT, look them up.

FED 1. I am an investor, same as you, check out by previous msg on other holdings. I am not like some others, and not a prolific blogger like some. However, I did feel the need to vote against MA.

I am very pleased that MA was rejected, undoubtedly the best outcome for all, now our new CEO can get on with his work.

SCB - Thank you. You will note that the main thrust of my objections is very much the concerns I have with Mr Ashley. I accept many of the points you have raised on the board, but fundamentally disagree that the share price is just down to the current board, there are so many other factors. I have the view, as many have spoken, to support our new CEO, after all, he has an excellent record so far.

I am sure SCB can speak for himself.

SCB, Are you actually trying to talk this share down. I would have thought as an investor, you would be pleased to see the share starting to recover, no matter what the reason.

Before anyone says anything, yes I know its a very old article. "a leopard never changes its spots"

So it's just not me!

Mike Ashley faces a shareholder rebellion after the advisory firm Institutional Shareholder Services joined calls for Sports Direct investors to vote against his continuing as a director amid “significant operational and governance concerns” at the retail group.

ISS said Sports Direct’s acquisition of House of Fraser had “led to concerns about the company’s viability as a whole”. It also raised concerns about financial deals with Ashley’s brother and his daughter’s partner, Michael Murray, who received payments of more than £5m in the past year.

Chrisdp86, I don't agree. Just require these Chinese imports, to have the same tax and meet the same labour and H&S requirements that UK companies have to meet. I could tell you a very long story about Russell Hobbs and the transfer of their manufacturing to China. Yes, they could produce white goods at half the price, but there was, and is, not the workers welfare and H&S requirements enforced, like there is for European companies , and this is the problem for many businesses in the UK. Just allow our companies to trade on a level playing field.

You couldn't make this up, a short position placed on Frasers yesterday.

Who have I denigrated, and who have I portrayed as being thick. Yes, I have questioned two individuals, on their agenda. I will leave others to decide on which way they want to vote, but all I am doing is getting the message out, that in my view MA is not to be trusted. My view is opposite to you, but we both want the same outcome, profit from our investment.

Hexam, it's a pleasure to receive a balanced response, and although you don't agree with me, you mentioned Shein, which I should have also mentioned, as I have before. Remember, Shein is a major competitor to boo, but unlike Shein, they are required to pay taxes and come under the scrutiny of H&S, rightley in my view. As for SCB's response, I feel there is some hidden agenda within your msg's, so I don't take much notice of them, and I hope many others look a bit deeper into what you are saying.

Hexam, I fully understand your sentiment, but I still bang on about, it's not all the fault of the Board. I was invested in Rolls Royce(RR), and down a tidy sum. The shares had dropped to an unbelievable level, as low as 38p. World events and COVID was killing the company, it wasn't all down to the board, the model for the revenue stream went pear shaped, as a large proportion of income was generated on flying hours. Was this a management error, using this revenue model, it wasn't before unforeseen circumstances intervened. So what I am saying, look at the wider picture, the people in charge took the company to a high position, being innovative, taking risks and developing a first class platform to sell their products. They grew various brands that became very popular, and then, as like RR, World circumstance hit the company, no one complained about communication when the share was rising in price. All I say is, just look at going forward with the current boo team as I did with RR, and I made a nice little profit a year down the line, and kick myself today for selling at 220p. Apologies' for the long winded message, but I do feel strongly about installing someone like MA.

I despair, everyone complains that he hasn't invested and when he does, you still question it. Do you really want this company to recover its rightful share price, or are you like some of the shorter's spreading doom and gloom to bring the share price down. I am an investor, and I want to see the share price rise, and yes sell at some time and make a nice profit. And if I thought MA could be trusted not to shaft the little investors, I would vote for him, but its plain as the nose on your face, this man is not to be trusted.

Southcoastbather, I should imagine, that both companies monitor the boards, maybe even have their own people posting, do you think.

Fed1. And so he should be concerned, that this man's word, can only relied on when he hasn't had a few sherbets. You need the I's dotted and the T's crossed when dealing with MA. That's not only my view.

Just a reminder:

However, on Wednesday, Mr Justice Leggatt, who had said he found the case was “a lot more interesting than some”, ruled that no one would have thought what Ashley said in the pub was “serious”.

Fed1

Is this a view on what they won't sign, or have you inside knowledge. I apologise if I have missed one previous msgs.

I think what is telling about Frasers letter is that they do not really state what undertakings that he is refusing to sign.

It seems it is the undertaking that Frasers should not bid for any Boo assets or acquire anymore Boo shares.

I do not think this undertaking is necessary.

IParsnip, I don't agree, he can be judged on the job he was doing at the time at bo. He is now at the helm, and also consider his previous achievements. Furthermore, I still don't agree that all the issues were down to individuals making the wrong business decisions, and as previously mentioned by myself, circumstances well outside the control of boo and many other companies had major impact on their respective businesses.

Normally, I would welcome fresh ideas into the business, I had invested in, however, I and many others, question the honesty and integrity of MA.