Member Info for oldtimer

You must be a glas half empty guy, nothing but doom and gloom.Get positive and go with it.
Bright light at the end of the tunnel.

So after all that waffle, I take it you are still a remoaner ?
and just cannot move on and look at any positives.

Now I have heard it all, Get rid of Christmas if you want to improve retail.!!!!!!
If it wasn't for Christmas many retailers would go bust and you know it. But then again that is just what many posters on here want to happen, just for the sake of a few quid of personal gain.
Maybe on monday morning SD should do a tesla and announce they are thinking of taking debs private, the sp would rocket and all the shorters would lose thousands.

would you be doing if you were the bod's of Debs right now.
Share price at it's lowest level ever and many press articles saying your company is next in line for a takeover.
If you wanted to keep your jobs you would do everything possible to push up the sp , sell off any assets fast so Debs got the benefit and NOT an asset stripper and cut debt.
Possibly a rights or open offer to raise cash, possibly a consolidation to push up sp.
OK so finals are out in October but any good news relating to any of the above could come out within the next few weeks before it's too late
Next few weeks will be interesting, and see the sp go up. But what do I or anyone else know.

With Debs at a MC of what £143m trying to sell assets of aprox £200m almost wiping out debt and a sp of 12p we must be a sitting duck for a takeover by someone.
OK the Mail thinks SD will buy Debs to create 1 large store business but why does he need to, This guy Phillip Day also wanted HoF and couls now buy Debs for what about 40p a share, and once they get the money from asset sale he could have almost bought Debs for nothing.
There must be a number of people / companies out there that would love to get hold of Debs and to stop SD buying the lot.

So SD pulled off a great deal for £90m by beating the other bidder phillip Day.
No £400m debt, NO carryover pension commitment, and am I wrong in that SD can put this £90m down as a write down/ capital expenditure against this years Corporation tax of 21% and save approx £19m from their tax bill.
This means he has bought HoF for what about £70m.
So where does SD go from here, if he has HoF why does he need Debs, he has already written down his holdings and why would he want to compete with his self.
So Phillip Day wanted HoF why doesn't MA (SD) sell his Debs stake to PD for a few more million and all are happy.
It will now be very interesting over the next few weeks.

Should be Hof. Not debs

Thank you , correct.
Some posters on here keep making statement about debs and they don't even know who owns them or where they are listed.

That statement about debt at the end of the year was before they announced the sale of assets, plus they have already said they are already in discussions about rents.
I expect they will get some sort of agreement for the sale of assets by year end although the money will probably come in next years numbers.
They are NOT going under, Why do you think some Institutions are buying in and what about the 10m buy order yesterday. You shorters never stop .

SD already had an 11% stake, and although HoF was placed in admin early today SD apparently had already agreed to £90m for the rest late last night..
I don't expect he has taken on any of the £400m debt but probably the pensions. If he goes ahead and closes some of the stores he will end up with a good business.
With regards to Debs, there's no way debs is going into Admin why would they, their debt is approx £240m- £300m and they are about to sell some assets for £200m+. They are still making a profit and if they get some rent reductions the sp will be back above 40p-50p very soon.

even, sorry about that I might try to rub you up the wrong way but wouldn't want to mis-spell your name

As time moves on the more Debs looks like progressing to a more stable position , the more desperate you sound to want this sp to go down. your shorts must be starting to hurt, is fear getting the better part now.
Perhaps you should close them and go long. time is running out.

Deal for £90m , what a bargin.
I guess he has NOT taken over any of the £400m debt but has taken over the pension pot.
Anyway he has a great bargin and will now compete directly with Debs on the high street.
But maybe this is also partly due to the Debs board not letting SD do more with the current stores and his almost 30% holding.
So does he soon make a full takeover offer for debs and control the lot ,or does he let / hope Debs goes lower or under and try to pick up Debs the same way for only £80m- £100m.But if he moved fast he could probably get it cheap and then get back some £200m from their current asset sale, so ending up with Debs for nothing.

Great to see this now going back up but it should be at least £1.20 at this stage.

You must also look at other big buys after hrs.
360,000, 89,000, 53,000 , 163,683, 77,852, couls all be shorts closing or players buying in.
Watch for a good sp rise tomorrow.

That's also why the sp has been held / driven down for the last 2 weeks to buy the stock.

Of cause it was a buy, if it was a sell it would have been about 11.51 price, buy 11.6.
so a big buy.
Could get another rns holdings tomorrow.Could SD taking us upto / over 30% then bid time 35p- 45p.

If you read the rns conditions it says that these free shares remain an option from 3 - 7 years as long as the people mentioned continue to work for the company, so I guess that means GD will now work for pfd until he retires as he is already 62.
What a way to spent your days racking up big bonuses and free shares knowing you will not be removed.
I bet there must be something in the small print that says they will still take the free shares if and when the company gets taken over at a certain price, and maybe a big extra bonus it that happens.

No wonder he wants to keep this job going, what a gravy train

Well GD & Co are at it again
2018 Deferred Bonus Plan Award
Gavin Darby Chief Executive Officer 299,291
Alastair Murray Chief Financial Officer 124,565

2018 Long Term Incentive Plan Award

Gavin Darby Chief Executive Officer 3,420,473
Alastair Murray Chief Financial Officer 1,525,287
Jette Andersen Managing Director, International 498,411
Mark Hughes Procurement & Central Operations Director 588,705
Alex Whitehouse Managing Director, UK 772,538
David Wilkinson Human Resources & Communications Director 535,792