Member Info for southcoastbather

Jeremy I just cant take Dans word over 3 years of results that are there for all to see.

Why don't the Kamanis go on a buying spree and become the largest shareholder? There's plenty of shares available!

I mean Mike owns 75 percent of Frasers because he believes in it.

They added plenty of support for the sp - when they stopped buying the sp fell further.

They added cash via the placing.

They stopped unwarranted bonuses.

They have raised the fact that Umar is getting paid a ridiculous amount.

Its amazing that anyone can watch a management team destroy a company and its sp then think a shareholder is the problem.

The most successful retailer in the uk.

All good, balance is restored - big mike won.

Bruce the rns literally said the resolution was NOT passed.

His grounds are irrelevant - I don't see box where you have to give a reason on the voting form.

Celebrating a company ignoring shareholders has got to be about the most ignorant thing I have ever seen a shareholder do, ironic also.

The kamanis are going to drive this into the ground.... Wait and see.

How much lower and it go? Zero.

This could get really messy for the directors, fiduciary duties have beeb broken, they could be in big trouble.

Won't be at all surprised to see frasers call another egm to remove directors...

Safe to say the family don't care one bit about shareholder value.

You watch this tank in the coming months.

I'd expect the city to take dim view on this tbh.

I also expect there to be some kind of action taken, this is after all a listed company and should follow the rules in place.

This should leave a lot of doubt in shareholders minds of just what the board think they can do.

I've said it before and I'll say it again, it's ran like a corner shop.

Maybe, I don't know.

This is dragging on for some reason though.

Its not even tight if mike voted against it with all his shares, its done....

Wonder if they'll come to an agreement over a board seat today....

Just looked at time for the meeting, it was today at 10am

Maybe its over ran time with discussing when the capital markets day will be.

@ the meeting??

I wonder what the articles of association state....

They could allow a name change with a board decision overriding a vote.

Compare those numbers to boohoo group on similarweb.... They are so far behind its not even a "lol" moment.

"To change a company name, a special resolution requiring at least 75% of the voting shares to be in favor is needed, rather than a simple majority of shareholders. "

Looks like we are staying as Boohoo group if mike votes against.

I wonder if mike will turn up to the meeting 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Https://fortune.com/europe/2025/03/27/british-retail-next-ceo-simon-wolfson-earnings-1-billion-profit/

Absolutely phenomenal over at next.

To think that in 2020 boohoo was half the size of next, yet come the end of this year it will be less than one sixth.

Next paying back over 500 million to shareholders via dividends and buybacks while this circus burnt near enough 700 million.

Maybe dividends here one day.... certainly paid dividends for the Kamanis.

Ha ha! the desperation to try and somehow play down the fact that the kamanis have stripped this company of all of its cash and completely trashed shareholder value....

Bonuses.... Bonuses... Bonuses... But we have done wealy wealy good....

I wonder when they will loan the company money interest free???

I'm assuming they have confirmed Umars position and salary..... 2.4 million baby.

Plt is in no shape to be sold, they have just dumped all their stock onto a jumble sale website, and then stocked up with high price goods they don't yet have a customer base for.

If ever there is a wake up and smell the coffee moment then the next results are it.

Absolutely smashing it online.

Record revenue, record profit.

Revenue jumping nearly 600 million quid alone - they grew a similar amount to debs total annual gmv.

So they grew 600 million and debs grew by 20 million.

Why can't boohoo group even hold revenue flat?

This clown show is done, they're all out of ideas and all out of money.

Have you been on the helium reardon?

Debenhams ain't going to be nothing like next.

They're in cuckoo land up Manchester head office.... Working on their dreams apparently....