Member Info for oldtimer

Hi guys, I have been watching all these posts for weeks now without making any comment simply because I have all most lost the will to post anymore and lost the will to comment on this lost basket case of a company.
But one thing does strike me in the latest rns where Foo says they are still in discussions with eneo.
Now this could be waffle as usual or there could be something in it.
God knows if we ever got our outstanding £5m that was owed to us by eneo, but just who needs a gas contract more,
Is it eneo or us?
If eneo have got the gov contract back and want us to supply, but we won't supply until we get more G/Tees about payment and a better price first.

I take it you are talking about debs people , so you must be a shorter getting worried now that debs sp isn't going lower.
God knows why you shorters are still thinking that debs is going to admin, I guess it's a last ditch approach to saving your money, but the whole market and the city know debs will NOT be going into admin.
It's reducing overheads, selling assets and reducing debt to make more profit and pay a divi in Oct.
Keep trying to short but I guess you shorters could lose more money than many of us going long.

So just how factual is this news ,Debenhams is making up to 90 roles redundant in its fashion and home team as it “simplifies its structure”, Drapers can reveal.
I would have thought Debs would have released it themselves, if true then this is another case of Debs cutting their overheads to improve profits, as long as they can do the jobs without the people.
Normal practice in many big firms. should see the sp going up more.

Yes I know , I watched it and I was the one that first put the info on here.
Get with the curve.

There may never be a bid, MA could decide to just hold onto his 29% stake and wait for debs to recover, he has held with a large % for the last 2 years and unless someone else tries to buy debs he may just sit on it.
So don't book your holiday yet .

I looked round Chatham store myself a few times and spoken to members of staff as it is my local store.

I think I would agree with you but to see this drop back to 12p ish after all the investment by some make you wander what's going on.
In this world nothing would surprise me if it still fell another few pence before going back up.

Many are watching this and waiting to buy in. It all looked set to rocket a few weeks ago when it went upto about 22p but has since fallen back to 13p,
Could this for some reason fall back a little more to the all time low of 5p before it get's it.s self sorted out.

Are you getting your wires crossed, Phillip Green getting involved in a bidding war with MA.!!!!!!!!!
Debs could still go into admin !!!!!!
Pillip Day is the person that MIGHT be interested.
Debs has assets to sell to reduce debts.
They are already in discussions with landlords.
If you have just bought back in I hope you know what you have bought.

I have a friend who works in the Ashford kent factory making Noodles and they are also very busy.

It sounds like you know alot about this site.
Do you work there? and if so is it really busy most of the time because that program mentioned that product was being sent to Canada OZ and many more.

Feel like buying .

Film last night was inside pfd sharwoods curry plant, very interesting and the factory looked in very good morden shape producing curry products as fast as they could make them and then being shipped around the world as well as the UK.
It would be nice if all their factories were like that, it makes me fell like buying the business let alone anyone else watching the program.

A few big buys again 1.3m & 1.4m, someone is stake building rns holdings soon.

is so far nothing to do with.
Selling any assets and paying down debt, agreeing any rent reductions or announceing any profits in October.
So you can see what might happen to the sp when they are announced .up,up,up.

Mike Ashley vows to keep most House of Fraser stores open
50 minutes ago

As I thought a few days ago, once this goes above 13p it will really start to motor.
Many will now know it's not going bust and shorters will have to start closing their shorts and buying back in,
could move fast now.

MTC going bust, says who???
they have already agreed a new plan to reduce store numbers, reduce rents, and bring in new cash.
The sp is up again today to 28p ish and will climb more. If they were going to go bust that would have been a few weeks ago now.
I think you are behind the curve.
Next you will be saying Debs is going bust , but we all know that's not going to happen. 25p next stop.

True there are many products out there it's down to the buying team to keep things tight.
Iam not sure how debs works but there have many suplier product sections whether they are consessions where the supplier also pays for their section or not, but if they do then debs gets income from the start.
I believe debs has a much better men's option/ variety than does M&S where it looks like their cloths business is mainly for ladies and the mens cloths choice hardly ever changes
So debs must be doing lots right.

Can be worth their weight in gold, unlike food and sports wear where once you have a good seller you just adjust the quantities and timings to get it right.
Department stores cover everything that's either seasonal or fashionable trends that the buyer has to some extent gamble on, and if the buying team think it's a good bet on selling well then they go for it.
But just like M & S cloths etc some / many buyers can get it completely wrong and that seasons sales could be well down.
I don't think SD will get too involved in the daily buying of products for HoF or Debs once the new CEO of these stores lays down the main guide lines, both of these companies already has a good buying team in place and would have already placed forward orders to cover much of the winter / Christmas trading periods. But next pring and summer lines might be different I guess.but will probably be slightly cheaper in terms of a bigger buying discount.