Member Info for southcoastbather

Ha ha ha yes the clowns mentioning asos on any drop but no mention on a rise....

As i stated yesterday.... Thumping rns....

It's as if they don't know boohoo is 26p.

Amazing! 4 weeks of Jeremy mentioning asos in every other post.... Then a thumping rns comes out and he's nowhere to be seen.

Ahhh the 2 ostrich pop up simultaneously....

Neither of said ostrich have taken the time to evaluate the recent full year failures and post their opinions here....

But but but Mahmud said it will be 2 quid this year..... He's getting it all back..... Maybe he was talking of the mcap when he said 2 quid....

They are probably sat trying to justify why they voted for the complete failure tp carry on running the company....

Would they have voted for Mahmud if the vote was today with the knowledge of the recent stinking results?.... Hmmmm

I said at the time of the vote if trading was good they would have told us..... Now we know...

But but but but they would have to tell us if trading was behind guidance..... Another big fat miss!

Https://www.facebook.com/share/r/1EvpcgKg3d/

Mike Ashley has proven himself as one of the most successful uk retailers ever, building billions in wealth for himself and investors.

Mahmud kamani has proven to be an absolute failure for retailing, losing shareholders billions, while making his family's 500 million, half of which was taken from shareholders via boohoo cash.

Simple facts.

Shame the idiots voting here didn't recognise Mikes abilities..

Anyone seen Dan lately?... Busy at Cheltenham races while this company dies.... It will be trips to Turkey soon no doubt..

"Also appoints Frasers Group PLC founder and former chief executive Mike Ashley as an independent non-executive director. Notes Ashley's extensive experience in consumer-centric, high-growth businesses as well as his leadership roles across various companies like Boots UK Ltd, Argos Ltd and Travis Perkins PLC. CEO Martin Higginson says: "Paul and Mike's appointments are testament to the strength of our business and the growth opportunity we have ahead of us."

Im talking company performance.

Boohoo is leading that race hands down.

Looks like boohoo and asos are racing to the bottom.... With boohoo leading the way so far...

You have to wonder if its game over for the sector...

Certainly no chance of growth judging by the last 3 years.

"Then again there could be surprise offer of say 35 to 40p???"

The above would be better than selling, you never know what could pop up hence me still hanging on.

That said do you trust the Kamanis? I sure don't.

I did like you boat comment tbh, surely we can't all be in a boat under water? 😂🛥️

Little trader - If I was shorting I would be in profit what with the sp being at record lows, but I'm not.

If you know my history you will know that I haven't continually switched my view. I was massively in the belief there was a massive opportunity here, and there really was but the current egotistical board of directors completely knackered it.

If you think Asos have made worse mistakes then you obviously aren't fully aware of all the calamities here.

Every single update gets worse here with the most recent one adding a 40 million write down for old plt stock that cant be sold, plus a guidance miss yet again.

Revenue decline on the youth brands has actually accelerated and has lost over 50 percent in 3 years or so.

Im all ears for some positives but please dont be under the illusion that 10 (approx 20 million quid) percent revenue growth on debenhams is something to sing about when youth brands have lost 250 million quid of revenue.

The financial year just ended is likely to throw up a record loss of over 200 to 250 million.

The current revenue trajectory suggests this years revenue is likely to fall 10 to 20 percent again.

People just don't want to hear the truth.

Then again there could be surprise offer of say 35 to 40p???

Did you vote on the purchase of plt for 270 million?

Did you vote on the purchase of the London office?

Did you vote on the purchase pf debenhams?

Did you vote on the sale of the London office?

Did you vote on the opening and closure of the 100 million distribution fiasco?

NO YOU DIDN'T - and you won't get to vote when they sell plt to some dubai based investment company.....

All this talk of kpmg.... You know they were fined over massive failures at CLLN?.

This board of directors is a one man band.....

Kach it's absolute lunacy

3 years of total devastation to share holder value

3 years of ever increasing losses

3 years of tanking revenue

3 years of undeserved bonuses

3 years of missed guidance

3 years of increasing debt

650 millions quid wasted

Failed acquisitions

Failed distribution centres

Then Bf pipes up and says debenhams grew gmv and completely ignores everything else.... He has got to be linked to the Kamanis or a staff member allocated to post here periodically. It's mental.

Can you remind us of the date that Mahmud is forbidden to buy all or parts of the business? (unless the board voted in favour of it of course)

Seems like they are dumping the old stock from plt on us and restocking with fresh stock all ready for the Kamanis to buy it on the cheap at the detriment to private shareholders...

I mean it's not as if there were warning signs when mike was requesting that no part of the business or assets be sold without shareholders approval...

Take note of you when you didn't even know that boohoo had spent over 250 million in cap ex in one year?

That guy is bang on the money - the only fools are the ones that can't admit they have been done up like a kipper.... Well and truly done.

This company won't be listed in 12 months time. Mark my words.

Boy doesn't that guy hit the nail on the head....

The Kamani family fund self enrichment has always been the plan here....

Rip off all the private shareholders... Unbelievable that the fools couldn't see through it and voted for more!

Any one of you that are dim enough to still be talking or having communication with the Kamanis would be well served to end it.... Not only are they stabbing you in the back but they are telling you a fairy tale while they do it!

The lifestyle of greed will hopefully catch up with them soon enough.

"The Manchester-based online fashion group will buy the remaining 34% of shares from its minority shareholders, Umar Kamani and Paul Papworth, for £269.8m, potentially rising to £323.8m, subject to its stock market performance.

The acquisition will be made up of shares (£107.9m) and cash (£161.9m)."

If someone can tell me how boohoo didnt pay near 270 million please?

Hang on - you think the brands are going to go from 20 percent shrinkage to 5 percent growth this year?

The shrinkage has accelerated over the last 3 years and now its going to grow? Not on your nelly.

No i said i wouldn't have been surprised if it was under 1.15 billion....

It came in below guidance anyway and with a great big 40 million write down instead.... No wonder the sp dropped in advance of results again eh.

Hows that little moustache coming on Jeremy?

Right little dictator thing going on....