Member Info for Reardon95

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Frasers were involved with the last cash raise so they would of paid around 32p a share at that point.

I've voted them all out bar finley and ellis. They have delivered nothing but sp destruction and filled their own fat pockets!

Everything up and this is down AGAIN record lows being surpassed daily with no consequences.

Just can't see this rising until we have a complete board overhaul. The market has clearly lost the confidence in the governance of the company. The turnaround appears to be working but needs time. Mike needs to stop faffing and make his move.

There's no stopping this.

Did everyone vote?

Dan was paid £4.5 million to lose £350 million. Just astounding...

I hate to say it Parsnip but I think you're right.

This is just a disaster...12.8p

I'm amazed at this board of directors. Are they purposely trying to destroy the share price?

Voted against all directors bar Finley and Ellis and against remuneration report.

Can anyone post the full article?

Next results are they key. They have kitchen sinked last years results with a huge loss but stock has been written down and now the business is operating much more lean and agile in all areas. 90% of stock is under 6 months old, head count is drastically reduced. PLT and Burnley sale should get this operating net cash. Hopefully they stand by their date set on the 25th of September.

Time for Kamani and his cronies to leave Boohoo group. They have pillaged us enough. I wonder if he will try and re-instate himself before the AGM with a big director buy like Carol?

Boohoo spent over £100m on Burnley don't forget and most workers will be on low to minimum wage so a TUPE deal worth a £1 will not be favourable to the group. I am anticipating that Burnley, USA warehouse and PLT will likely be sold after the next UK budget which is expected late November time. I am anticipating that De-minimis will be scrapped here and then this would mean many of the Chinese large operators will be forced to change their operations as their competitive advantage will be diminished.

Lets face it the results were a horror show. This group going from £4 to 13p is a complete car crash and shows how mis-managed the company has been. That said with a proper leadership team, returning to net cash and the new Debenhams direction could prove a masterstroke in diversifying the business and generating a proper business case for the group. I have re-looked at at previous financial statements from a few years ago and it really puts in to perspective how far this has fallen. We were achieving 11% margin on £billions of sales in 2020. It is clear we were the pioneers at the time of digital marketing in fast fashion, however as soon as we could not exploit workers and our competition caught up with us or surpassed us in regards to SHEIN our old business model has become significantly loss making. This needs a total reset to work and with Frasers' silence it most likely means they are happy with what they are seeing from Finley.

Apple stocks which normally pulls data from yahoo finance.

Earnings report 25th Sept.

Shorts way down QUBE below the threshold.