Member Info for Shabz83

Looks like it's on the way down already was hoping we'd carry on into 63p but I guess I was too hopeful

Thanks 👍

Behind a paywall what's it say?

62 posts by tiger and 259 by crafty all over 30 days... I guess ones giving more rounded positive outlook and one is totally outlandish..

Thg.... Only example that comes to mind ATM

300 would be in cents, so 3 euro.

We've done a lot to shore up the books and with average insurance premiums up by 30%, we should see a good update when we get one. Although fly in the ointment always being claims but as you say the fact someone is looking to buy us bodes well. Between here and Currys I'll lose all the hairs I have left 😂

If that's true id be at a loss. Hope they reject rather wait for recovery to get back into the green.

Only way this offer makes sense is if they know JD aren't likely to offer or are considering something around this figure too. Otherwise bunch of chancers.

They're having a laugh offering less than current share price.

The reasoning was marketing reach but In reality probably to buy a voice and push an agenda. Maybe a bit of both I guess might be true.

I wonder if end goal is to share stock, logistics, warehousing across all platforms. That would save a ton of cash plus de-risking stock commitments. It'll be interesting to see how it all plays out though.

Some might argue the car finance thing 😂

Around 4.4bn shares, probably less with fees etc

The shares were dirt cheap and sold for a lot of money. Just shows how undervalued a lot of UK stocks are.

Based on last trading update they are doing ok, I think they've sorted a lot of the issue out and seem to be on road to recovery, apparently have 25% UK market share. I guess brand recognition is still strong.

Looks like it got rejected - https://www.reuters.com/markets/deals/elliott-plans-around-880-million-takeover-bid-uks-currys-sky-news-reports-2024-02-17/

I dithered too long when it dropped in the 170s, great buy abject... Wish I wasn't trying to be too cute and waiting too long.

You said all of retail is down but it's not. M&s and next core business is clothes look how much floor space is dedicated to it. They've both grown online too and increased margins and sales without doing as many promotions. Don't change to goal posts to suit your narrative.

Next and m&s look too be doing alright