Member Info for sheltie

You know when things are getting a bit desperate, once people introduce Zak Mir!! He is about as much use as an ashtray on a motorbike. Utterly useless!! 😭 😭 😭

Jassen the only thing that we can say with any certainty is that this will not rocket again (not even just for a day). Too many have been burnt and all trust in JD has been lost. For those that remain , sadly the risks remain high and the time-lines lengthy. . . It's yet another very sorry, retail tale. . .

Toffers - it might be prudent for you to exit this board. No disrespect, but you have flipped like a pancake here since January. Massively positive to massively negative. Not too tricky to see why folk here, simply don't trust you. In the nicest possible way, it's certainly best that you just move on and leave these folk alone here. . . . .ATB

Hence why my colleagues, in response to my question, said "Buy Rolls Royce, but steer clear of Superdry"! I reckon many here could re-coup their losses here, by buying RR and YU and keeping them for the year. Both companies have flown this year and still have plenty left in the share price tank. I promise that I won't bring either of them up again here; but worth exploring perhaps? Oh, and not a hoodie in sight. . .😃

Temuchin, I cannot deny that there is still a fair amount of Cloak and Daggers going on. Doors are clearly being left open, in order for them to have got the RNS's out 'in time'. I have no definitive answer to your questions, because of the ambiguity that they have left behind. However, my feeling is that he would still have to offer 'full-value' (or the FCA would be called in to investigate and prosecute, if required), IF he decided to de-list. Not saying I am correct, as it is an unusual idea that they are throwing out there. Look, it's not ideal, but were I personally still invested, then I would sit tight, at least until the 'panic-mode' selling has dried up; say "wait and see" until May? Sorry that I cannot offer anything more solid, as it is all a bit woolly and open-ended at present. JD's 'goose is now cooked' as CEO though. He should certainly not remain in the role of CEO for as long as it remains a publicly listed company, in my opinion. To me at least, he has shown a total lack of integrity and has NOT had his shareholders' best interests in mind - which is precisely what a CEO is charged with doing . I'm sorry that I can't answer your specific question with any real accuracy, as they have left it all so wide open; again a bit shambolic on the part of the BoD (who he has in his pocket, I suspect). . . .Keep smiling! 😃ATB

PS - Sm66 no problem. I do appreciate that it was still a very big shock for people and that emotions were running high, as a result. Appreciate the apology though. . . ATB 👊🏻

I remember writing back in very very early March, that he might shoot for an equity raise instead. Flood the Balance Sheet with money, close a ton of stores and tweak the Brand. That now looks like a very real possibility; which is a GOOD thing folks. Sure, you will be heavily diluted in the immediate turn. BUT, if you can lock your money away for three to five years, then you have a strong chance of seeing the share price recover pretty well, as Sales increase and Costs drop sharply. On Tuesday morning, do not panic. If you decide over the weekend that you really must sell, then my best advice is to avoid doing this in the first hour. Otherwise, hold on, as it's just not so bad as it seems, right now. Stay calm. Think longer term and you will, in all likelihood, see 'light' at the end of the tunnel and an actual 'opportunity' here. Sorry again, it was horribly executed by the BoD but it's better than it looks, as these things so very often are. Have a good (logical) think over the long weekend and do what is best for you of course; but it may actually NOT result in selling up! Best Wishes, Sheltie 😀

LWHL - "Clearly not willing to put his hand in his own pocket, despite seeking and getting that extension".

Sadly, I said all along here, that JD was never, ever, ever, going to use his own money. I said it SO many times, that he was clearly struggling to get other high net worth individuals involved in his plan to take it private and invest significant sums of their own cash to back his plan (note: their cash NOT his cash). These people never use their own money! In the end, he knew he was f***d and sent up the the white flag. He is a shocker. Folk here, have been totally f**d over.

Rayte I appreciate that very much. I'm sorry, I really am, as to how this has worked out. It's a really really, nasty example of how these things can go. Good Luck to you and best wishes.

"The is Sheltie banging on day in day out on the negative side and IK buying a million quids worth of shares. You could not make it up if you tried".

Rayte - I'm not trying to antagonise you, but I sincerely hope that an apology will be forthcoming from you, for your earlier post aimed at me personally?

Trick is, in my opinion, is to take some learnings from situations like this. It really doesn't matter how much money one invests, you must keep an 'open mind' and not be blinded by your own financially invested bias. Don't put people down, because they have an alternative viewpoint - their views may not suit your narrative, but their opinions may well have important merit. Until this evening, nobody was right and nobody was wrong. But now, that's no longer applicable. I'm sorry for folk who have lost out here, but equally, folk must read all inputs; as anyone can be right and anyone can be wrong - so why wouldn't you now embrace all peoples' views, from here on? Put your money in, but never your emotion. So vital to never get 'emotionally involved' in this game. Not easy I know, but a discipline well worth mastering. Very good luck to those left in here. . .😊

Dean01 - I said exactly that earlier today. JD must resign or be given the boot. . .

There were just SO many red flags here, yet the inexperienced just followed the chatter. JD does not care, as I said last week. He will do what he needs to do; he does not let sentiment get in his way. It was always a total gamble - and never an investment. A very sorry tale this one.

Aimed at you Sm66. Read it. It is there to see. You are the absolute tool!

It is verbatum from the 2.8 Announcement you muppet. READ IT!!

Toffers news is in, on SDRY. NO offer and a possible equity raise at a heavy discount. Horror show for that lot . . .

"including a possible equity raise fully underwritten by Julian Dunkerton, which would provide additional liquidity headroom for the Company's turnaround plan. It is expected that any equity raise would be at a very material discount to the current share price". . .

Rayte you have bought into a failed company

The Company notes today’s announcement from Julian Dunkerton that he does not intend to make an offer for Superdry and, as a result, confirms that the Company is no longer in an offer period.

Nah! Just making light of a truly farcical situation here, that's all! 😅 😭 🤣