Member Info for sj1313

Johnson; it ups the stakes a fair bit when you think that by July last year the SP had dropped to 11p. With a maximum takeover bid of 11p from July onwards this could become too good to miss out on, depending on the developments over the next few months

Id also say I disagree smartie with being surprised if the share closes above 2.80p today. I expect it to recover above 3p by the end of the week comfortably. The bottom line is the low level news that has circulated today was factored into the SP months ago

smartie a couple of weeks ago you said you never lose! I have a feeling this is one of your take the bullet to the head pep talks again!
I couldn't resist topping up on this to bring my average below 3p. Its a low level investment compared to my others and a high risk investment at that, but if it goes the way I want it to, within two years of restructuring it will be the equivalent of a winning lottery ticket

totally agree

8.90! a lot of dreamers on here. My only regret will not be investing double the amount at 990 this morning

lse2000; 'Cant see any point in buying', hilarious! You can see the same point as me; buying around the 3p mark and selling 4p plus on any whiff of good news. long term though this game will be closed out with solid restructuring going forward

looks like there might finally be some decent rises on this share over the next few days. GLA

I previously bought sub 3.50 and watched this jump just after Christmas to 5.64p. With positive news about restructuring and financing I cant see why this wont break 5p in the short to medium term

thanks dipyourbreadin, great article. I still feel though there is something ethically wrong with pension funds loaning large blocks of shares so that they can be shorted if the shares don't fully recover or profits are damaged.

pearls; I cant see mike Ashley putting in a formal bid, but what I can see happening IMO behind closed doors is Ashley battling with other lenders to try and carve up the debt for equity swap. I actually think similar to the other companies Ashley has tried to muscle in on, that the other lenders will offer better terms than Ashley, and so Ashley will do us a favour in that respect.

Feeling quietly confident about this share now. For those of us that have suffered in and out of this share for the last 6 months market sentiment seems to be slowly changing. We aren't getting the trash stories from various papers trying to drive the price down and Mike Ashley is being strangely quiet, Which say to me a deal is imminently about to be announced. GLA

I was expecting a steady rise just with the results imminent, so with the added oil price gains it could be a really good few days. GLA

fingers crossed we will get minor rallies everyday until the 28th to get this share moving. GLA

to try and short against good results would be suicide, so I can only see them positioning for a later date in the future

No smartie, so far this year ive had good returns on asos and metrobank using the same theory and waiting for to petrofac to follow the same route, but that will take a few months as the legals need to be worked through. Im looking at Debenhams as a longer term investment

couldn't agree more applegarth

and if it gets anywhere near 3p I will buying too

RV; just to check you are aware Debenhams have a finance department? you make it sound like they're going to be scrapping up their spare 50p's in hope they can pay their rent! Yes they have budgets and aware of how much they need to pay!

dipyourbreadin; I think there's been a few articles that have walked a dodgy line over the last few months regarding debenhams

so smartie once you've convinced everyone 'its better to take a bullet to the head' when are you planning to top up haha!!

kamikaze; I also don't think there is any chance of this going into administration but a debt for equity swap where mike Ashley can increase his holding is looking more likely.

The thing that interests me is how quiet Mike Ashley has been over the last few weeks compared to before Christmas. it says to me a deal is pretty much done and that Mike Ashley will be a benefactor