Member Info for oldbadger

Interesting rns.
New role created on the BoD to push the important IT side of the business.
D.

Darola
You would need to ask lyodE that question he's the man with the source.
D.

I personally don't think it will make much difference what's announced on the 25th of this month.
My opinion for what it's worth is that the BoD are just keeping their seats warm until "big mike" eventually makes his move with a low ball offer.
If I am reading the taleover rules properly that could be as soon as the 3rd. Of March 2019.
After that he can bid what he likes.
Happy to be corrected if I'm wrong.
D.

Good post daft63.
The bigger picture here was looking good even before the BP announcement and we lose nothing if the " tomorrow rns"
Doesn't give us the news we all want.
My opinion on timescale, same as yours.
The longer it takes the more chance of a good deal for us.
I will miss all the anticipation and speculation when we do come out of suspension mind you.
D.

Jag
Not really that relevant I know but when BP sold some of it's north Sea assets to SQZ I seem to remember around 120 people transfered employment to SQZ.
We've no cast iron news here yet to the size of the asset if indeed any asset will come to SDZ but I just mentioned it as at least it shows that the staff transfer part of any deal has been arranged in similar BP asset offloads.
D.

Alas Queen no report from Edinburgh, weather turned nasty enroute and the good lady diverted us to the Livingston designer outlets park instead.
I'm sure you've been there many times.
Shame that I do enjoy my lunch in Jenners when we are visiting Auld Reekie'
Anyway sorry to report that the Livingston Debenhams was all but empty during our visit that being said the entire shopping complex was very quite.
If I could return to the takeover thread of earlier in the day.
I wonder what SPD would do if someone else did come in with a bid while they are effectively frozen out under aim takeover rules.
I would expect all the other ii's would join SPD in voting it down after all it would appear like SPD they all have eye watering averages,
D.

Now Bistolover that's a bit cruel calling Mike an elephant !
A big surley Newcastle United blazer wearing chap aye' but not an elephant.
D.

KRSS
Has your research turned up an article linking Boohoo to Debenhams.
For my bank balance' s sake if nothing else i would love you to be right.
D.

You make a good point jag.
A bad news rns during a share suspension would not allow the market to dip the share, but then again a good news rns would have the opposite effective and not allow a share to peak.
What am I thinking this is SDX we tend to get hammered by the MM's " manky mob " on good or bad news.
D.

Signing out for now folks,
Mrs Badger has decided " we " are going to Edinburgh Christmas shopping.
Funny that I thought I retired 2 years ago but it would appear that on Mrs Badgers retirement last month I have now started work again as her chaffeur.
Will definitely be in debs for some of our day out so will report back if it's busy or not.
I will look into your worrying news about the debs concession model collapse when I'm in Nokesa.
I wonder who has went bust.
Could it be Dune maybe Givenchy maybe even Chanel well at least one of the other multi multi million dollar beauty concessions on the ground floor.
My guess would be Arch Angelz, who you might say, who indeed,
D.

Strangely enough Zelion he did.
He said it would either be good news or bad news.
D.

Enjoy your hols QE.
I hope your not of to Rothesay it can be a bit cold for an Autumn break.
D

Nokesa.
If your out and " your more and more glad your out "
Why do you care.
Are you still of the same mind that Debs " for all i care can drop to zero now i'm out" post last month.
D.

Hi LoydE.
I think you only got half the story because the guy I was talking to told me the rns would be out,
Today/Tomorrow/Next week/Next month or at the very latest Next year.
D.

Your not the only one whose glad your out !!!!!!
D.

Maybe I missed something bisto.
But why couldn't spd buy debs tomorrow if it payed the aims ii takeover rules price.
D.

Poker chips
I will believe the retail sector is the absolute place to be when there is an Amazon store on every high street.
I don't doubt anything in your post, I was speaking generally.
From what I can see Donald Trump gets a better press than domestic retail.
D

If First Equity are part of the loan restructuring process then todays rns could be doubly " positive news "
D.

From what I'm reading the large department store model is failing not only in the UK but worldwide.
There is quite a hefty premium to be payed now for anyone who prefers hands on shopping as opposed to the Internet.
The Internet shopping experience has been with us now for some twenty years and very few of the original big retailers have benefited since its inception.
Old boys seem to have missed the boat or at best are late to the party.
It would seem to me that if the Internet is where the big bucks are made that is where companies like Debenhams need to push.
People like hands on shopping I don't think that will ever change but they also like the Internet method of shopping.
It's up to the large retailers to find the middle ground between the two if they want to thrive in the modern world.
D.

Sorry Nokesa
It was just a wee bit of levity.
What I would like to know is who if anyone is behind this negative onslaught of Debenhams in particular, and the retail sector in general.
I would like to see the Debenhams BoD fight back and answer each and every exagerated media comment with facts if indeed the correct information is available to them.
I don't think it matters what figures the company rolls out later this month I suspect anything positive will be swept under the carpet and anything negative will be spun to high heaven.
What I don't understand though is if the days of large high street retailer is dead, why has MA voluntarily put the noose that is the remnants of HoF round his neck.
He may not be a likeable characer but he is certainly a shrewd businessman and he is about to put many multiples of his initial £90mill initial investment into the recovery of an ailing giant.
I'll side with his judgement on the high street and leave my Debs investment to run it's course.
I did sell my SPD shares on the HoF purchase though so I guess that makes me some what of a hypocrit then !!
D.