Member Info for SilverSpoons

..in the mother of all courtroom bun fights. Hope MA takes them to the cleaners.

http://www.rudaw.net/mobile/english/interview/10032019

In this case Sports Direct and Debenhams. Thought I was seeing double. Now what would happen in the event of an offer in the form of shares.

Refinancing will happen. Too many people will loose too much if this goes into administration and at the heart of all this there is still a business just as good if not better than the competition. I put it likely but not definite that some form of CVA / landlord renegotiation will happen, this being the required condition for any further investment. I think it highly likely that some form of open offer or rights issue will follow, and at current prices I fully expect that to fully take these up will cost a multiple of any purchase at current prices. Finally I see a merger or take over by MA. On the assumption that all that comes to pass this will still be a risky investment given that the High Street's well publicised problems, however those trying to write off the company now are fooling no one but themselves. Sure the share price might still go lower, but it's the cost of refinancing people should be thinking about, not original outlay for the shares.

IMO MA won't risk loosing control now that he has it.

Imo the best that can be hoped for is a merger with SD on fair terms.

https://www.themag.co.uk/2018/12/mike-ashley-looking-forward-to-20006-late-newcastle-united-christmas-presents-in-january/

You can't have a negative market cap, even allowing for bond covernants.

...yet no one is talking about possible refinancing and what that could mean for shareholders. Meanwhile anyone shorting this is reading this board and thinking how lucky they are to be shorting a share so heavily invested in by pub economists.

QE. Think before you type, or at least be bothered to check a companies website before you ask a dumb question.

..market are intrinsically linked. Osbornes terrible stamp duty changes have brought housing transactions crashing down and with it all home decorating / household furnishings and white goods sales. This combined with the ever publicised impending Brexit depression are squeezing the life out of retail. Maybe it's more than a coincidence that the orchestrators of both are both ex Tory ministers from the same Oxford "dining" club. Truth will tell when the shorting hedge funds announce their profits and the new owners of the high Street emerge from the inevitable post Xmas crash refinancing.

.. on how low the board will let the price drop before they announce the mother of all dilutions.

.and the financial behemoths goes on. I wonder how many margin call distressed sells / stop-loss triggers they managed to scoop up today. True they have detailed research and the latest trading algorithms on their side, but they are disadvantaged by the size of their positions in relation to the amount of market liquidity. Personally I take today's announcement with a pinch of salt. OK, so others might follow and we could be in for a long term dip even while silver trades higher, possibly since some might be tempted to hedge a long position in silver with a short position in FRES, however they will eventually let it rise back to true value. When will that be. Your guess is as good as mine.

The board are going to have to act soon to stop the fall. The short sellers are smelling blood. Unless they get thrown a slab of meat (ie a dilution) they are likely to bring the company down.

usually proceeds one of two things. I may be wrong but I recon if the share price keeps falling at this rate we could be in store for a financial restructuring. Keep some change in your back pockets guys.

.. Sports Direct and HoF or Deb. I'm failing to see to he synergies here. IMO one sells sports gear and hoody fashion while the other two cater to the time poor middle-class shopper looking for good quality reasonably priced clothing and household items. Am I missing something or is this the elephant in the room.

First to state the obvious, this share is a geared play on the price of silver, not so much the spot price, more the rolling average with a diminishing weighting over time. So is £8 a bargain, that depends on where silver goes from here, and to be honest, in the short to medium term, none of us know. My guess, and it is just a guess, is that silver has electrical properties which depending on technologic developments may cause demand to rocket at some point. I don't believe that will happen today, but at some point over the next 10 years I see this share going through the roof. So in summary, if you are happy to lock your money up for ten years in a pension this share is definitely worth buying, especially at this price.

Turkish and Iranian sanctions. Syria war. Isis. Rosneft owed billions by the government for future oil revenue & pipeline. The playground is looking very crowded and keeping your lunch money from the bullies isn't going to be easy.

https://youtu.be/NfI_7AfGJUA

@azeus. Thanks for digging that out.