Member Info for southcoastbather

Group 3 is by far the largest group.

Every shareholder that is honest with themselves is plssed right off with the toilet of a company.

Anyone that that voted against Frasers has only themselves to blame when there is heavy dilution or this goes bang.

If you think Mahmud or any board members cares about you then you are thick as mince.

The bottom line here is management have given so little information that investors cant make a decision to hold, buy or sell.... So what do people do? Sell sell sell, if in doubt people sell.

There has been no detailed credible plan released

There has been no detailed strategy released

There has been no capital markets day

They seem to just expect people to trust them.... Who trusts a madman that has wasted 750 million quid while stuffing his own families pockets?????

How to communicate effectively:

Clear and concise language:

Avoid technical jargon and ensure information is easy to understand.

Timely communication:

Provide information as soon as it's available, but also consider the need for thorough analysis and review before release.

Multiple channels:

Utilize various communication methods, such as annual reports, investor presentations, press releases, and online platforms.

Transparency in decision-making:

Share the rationale behind decisions and how they align with the company's overall strategy.

By prioritizing transparency, companies can foster a positive relationship with their shareholders, build trust, and create a more stable and sustainable investment environment.

Yes, a company should generally inform shareholders about credible plans, particularly those that could significantly impact the company's financial performance or strategic direction. This aligns with the principle of good corporate governance and shareholder rights, ensuring transparency and allowing investors to make informed decisions

Here's why transparency is crucial:

Shareholder Rights:

Shareholders have the right to access information about the company's financial health and future prospects.

Investment Decisions:

Transparency allows shareholders to assess the risks and opportunities associated with their investment, enabling them to make informed decisions about holding or selling their shares.

Building Trust:

Open communication can foster a sense of trust and confidence between the company and its shareholders.

Potential Value Creation:

Credible plans, when communicated effectively, can help shareholders understand the company's vision and potential for future value creation.

Good Corporate Governance:

Good corporate governance principles emphasize the importance of transparent and accessible information for shareholders

Examples of when transparency is especially important:

Major strategic changes:

Significant changes to the company's business model, industry focus, or operational strateg

New product launches or market expansions:

Plans to introduce new products, enter new markets, or expand existing operations.

Significant financial performance changes:

Expectations for future financial performance, including earnings growth, dividend payouts, or potential losses

Major investments or acquisitions:

Plans to make significant capital expenditures, acquire other companies, or divest assets

The share price is sending a message loud and clear to the arrogant board here!!

Their silence in return from the board is deafening.

15p next week?

" If something wasn't working, would you rather they had done nothing?"

But the company has been telling us for 3 years it was working, you have been telling us it was working also!!

Clearly it wasn't!

Reardon - stop it! there has been no capital markets day... If anyone from the company has told you that was a capital markets day they were lying!!!

There has been no announcement to give a date for a capital markets day, or even an rns to say a capital markets day has happened, end of story.

There is no strategic review, no credible plan and no capital markets day

Have a Google search, type revb capital markets day, and asos capital markets day, then search boohoo capital markets day..... Let me know the results 😊

Looks like bf is making his own strategy up as he goes along.

None of what he has posted has been communicated in any rns.

Does this alleged 3 year plan for the brands have details on how they will raise finances to last another 3 years? Current cash will not see us through 3 years.

Also please show me where in the strategic review where they stated they would do a complete uturn on plt? That seemed to be an emergency switch to give an excuse for horrendous figures.

Do you have evidence that the continually dropping revenue has halted? The 3 year trend says to me its still falling at 17 percent, in fact youth brands accelerated to over 20 percent this last year.

All this talk of Dans market place strategy is ridiculous - plt market place was started last July long before Dan was "ceo" and it hasn't worked so far.

The last 3 years on rns makes good reading with the benny hill sound track playing at the same time.... Just a load of headless chickens running round a field throwing money at each other

I don't even think the problem is just shein, the problem is dumb bone idle management that were taking bonuses and watching the business contract at a phenomenal rate per year... Meanwhile the competition caught up and grew.

Loads of other companies have started eating boohoos lunch, just pop along to matalan, tesco or sainsbury and you will see why. Over the last 5 or so years their ranges have really adapted to the younger fashion market... I walked past the clothing section at my local sainsburys recently and it genuinely caught my eye, it wasn't all the drab cr&p they used to sell.

Here's another thing - I'd put a bet on that the segment that John Lyttle has now taken over does really well... We were mistaken to ever think he was in control here.... He was a puppet on a string. Go and watch a presentation he has done for Boohoo and also watch Mahmud... You will see.

"Fed I don't think it is a case of who is the better retailer. It's more a question of who is the better online retailer.

Ashley has no online track record. His last foray into online with Missguided was a total disaster and ended with it being sold to Shein."

Funny that, when you consider frasers online revenue is over 3 x the Debenhams gmv and nearly double the boohoo group revenue....

Id say Mike has more experience than this whole clown show.

Fed - Dan and Mike shouldn't even be mentioned in the same breath.

Mike Ashley net worth 3 billion all built from successful retail experience, started from one shop and made it to the top and is still there.

Dan has done the same as the Kamanis, rode the online wave but the wave has disappeared and now they are stuck paddling.... Although the kamanis have a life raft full of shareholders money!

Fed - being completely honest, we can all see they are lost and running out of ideas and money.

The market place strategy is a fugazy, bragging about one segment of the business making a 5 million profit meanwhile the group makes a loss of 250 million plus - it's pure desperation.

We have a ceo who has no experience of running a whole company, he is backed by a cfo that has no history of running a whole company, let alone one thats in serious financial distress.

Both the ceo and cfo are being guided by a business lunatic and a clueless board of directors, and to top it off, the board of directors are being overseen by a remuneration committee that agrees to any bonus plan they as for, and a nominated adviser that is best friends with the Kamani family....

There is zero independence and thats just the way they like it!

There really should be some kind on investigation into the shenanigans and abuse here.

The company refuse to address the pay packet for the son of the executive chairman and also what his position even is!

Even at 19p there are just no buyers - that tells us all we need to know.... Its going lower....

*above 25 percent

Are you referring to the fact that kamanis own just shy of 25 percent so wouldn't be able to block on a 100 percent turn out of voters if Mike made an offer?

There will never ever be 100 percent turn out in votes so their voting power would increase about 25 percent.

Also there is their friends etc that have holdings, they would support Kamanis in voting against Mike imo.

Bob holt literally said in an rns that boohoo control more of revb but its via family and associates which has never been disclosed

Zeus capital have a lot to answer for here....

Would you be surprised that the owner of Zeus and Mahmud are best buddies?

If you were cynical you might think that Mahmud was using boohoo shareholders money to prop up his own failed investment in revb....

He invested before ipo, then after ipo pumped a load of our money into a falling share price littered with accounting problems... Trying to hold up the sp to help his own personal investment no doubt...

"The founders of internet giants Boohoo and The Hut Group have backed rapidly growing cosmetics company Revolution Beauty, The Mail on Sunday can reveal.

Mahmud Kamani and Matt Moulding are both understood to have invested millions of pounds in the online beauty retailer which is due to float on the London Stock Exchange tomorrow, sources said. "

Mahmud Kamani told – ‘get your own house in order’ in brutal takedown

https://www.thebusinessdesk.com/northwest/news/2116901-mahmud-kamani-told-%E2%80%98get-your-own-house-in-order%E2%80%99-in-brutal-takedown

Mahmud should have listened to Bob holt...

Did anyone ever hear anything else about these encouraging results?? Nope me neither.

Under the changes, boohoo is to cease supplying US customers from its US distribution centre in Pennsylvania and will now fulfil all US orders from its state-of-the-art automated UK distribution centre in Sheffield. This move follows a recent trial of increasing the product range offered to US consumers by also fulfilling from the UK, which has led to encouraging results. Before this trial, US consumers were being offered only around 60% of the styles on sale in the UK.

I think you misunderstood me Ocean

I was saying that the Kamanis would block any take over bid by Mike, and Mike would block any takeover bid by the Kamanis.

As for waiting for a higher price for placing, I feel you are giving far to much credit to the vultures that control this dog.... They would rob us blind.

I do wonder if they currently have any institutional backing, they did but may not now after overseeing another 50 percent drop in a matter of months.

I remember a certain person, while courting for votes and saying to me on the phone "you might lose another 10 percent with me but look at the alternative".... Well here we are 50 percent down again. They are full of it!

Any offer Mike makes will be blocked by kamanis

Any offer kamanis make will be blocked by Mike

The only way they get more money here is by a whopping placing that shareholders would have to agree to, we would have to agree to either or both parties going above 30 percent without making an offer for the business...

Something could happen over easter... Share price action says something is brewing.

Yes I noticed - if you're not loyal to the klan and their agenda they will bully you out...