Member Info for southcoastbather

It sounds like shein are being cautious on just how much logistics and warehouse they need - some the board here could take not of for sure...

They could share ours.... At least then we would get some return on the investment 😂😂

The majority of private shareholders are so dumb they think mike has been beaten, totally unaware that they have just been used by the board here when it suits them, and this is only short term as well.

The company will need cash within 12 months, revenue is still falling and losses are still in the 100s of millions.

Mike still has plenty of strings to his bow here....

When the company is desperate for money they will be begging With the bowl and Mike will be happy to oblige....

Probably on the basis that he or someone he appointments will be ceo of the business with shareholders blessing....

Lets face it, shareholders will be begging for help to try and save their investment here....

They just haven't realised how desperate the situation is yet due to believing all the waffle from Dan!

Would anyone here be surprised if they dropped terrible results on us, cancelled the capital markets day and followed that with a hugely dilutive cash raise that only specific investors take part?

Https://youtu.be/DiWP53XOCzY?si=jK5CWi1TkzxtIwXs

Reardon - if this stock gets to 80p by xmas....

Interesting to note revb was starting to turn itself around until the boohoo board rampage....

Now revb suffering similar revenue declines as boohoo....

Damn that Mike Ashley!!

"Did the (as yet to be nominated) Frasers representatitve lose all this money and drive the business into the ground?"

I've genuinely never seen nothing like it, this bf character has got to be a staff member whos job it is to post here defending the kamanis.

I wouldn't be at all surprised if frasers don't nominate a board member.

They gave shareholders here a chance to have their say, he probably watched you all self basting and jumping in the oven and thought sod them all. (much like over at studio retail where he offered to buy shareholders out, instead they voted against him and the company failed, leaving Mike to buy the assets)

Frasers are in a win win situation, if by some miracle the circus act baord here turn things around he will make money, if they don't turn it around and it fails he will bid on the assets and pay a pittance - probably less than 100 million for everything inc debenhams, Boohoo, plt, the lot.

It's that simple.

Https://youtu.be/mGwfVwKY99o?si=qnURarZM9l_GZwTS

The self basting boohoo egm voters.... Booootiful!!

Didn't the company tell us 18 months ago thet they were chasing profitable sales rather than growth??

The deleted and banned a load of customers....

Then posted the biggest ever loss the same year....

Booootiful!!

Still no word on the strategic review.... Credible plan....

If I'm honest I'd rather they cancel the Debenhams day as it will be boohoo group suicide....

Dan will do what he's told, he's running not running this show.

"Southcoast in essence Lyttle has moved into a far smaller job, which is probably still too big for his abilities"

Literally couldn't be further from the truth.... The segment he is overseeing is 4 x boohoo current revenue.

Ok I'll spell it out.

EVERYONE IN THE CITY AND THE INDUSTRY KNOW THIS IS KAMANI AND KANES MESS.

That is why John has walked into the job at marks and sparks.

John executed everything he was asked to, the fact none of it worked isn't his fault.

Fed - it's just proof that every move this company has made was Mahmuds idea and John just actioned what he was told, that was his job description - do what I tell you and you will get 50 million quid....

Only it didn't work out because the the whole board of this company are one trick pony's

Mahmud and Carol thought they could buy growth...

Imagine having a company with 2 billion revenue

Spending/losing 700 million of cash on it

Then ending up with a 1.2 billion revenue business that is still shrinking

All of this meanwhile in a growing sector

It really beggars belief

And guess who's still running the show?! 😂

If you sat down and went through the figures of what revenue they have actually bought against what they already had, I would guess boohoo is back to 2019 numbers....

Kg the board are plssing themselves laughing!!!

Can you imagine... In the board room all sat there with mahmud telling a joke....

The punch line being.... "and then those morons voted me back in".... Then they all roll around laughing on the office floor wiping the tears of laughter away with 50 quid notes!!!

Dan trying to stuff 1.3 million quid in his pockets....

Morana trying to stuff 990k in his pockets...

While Mahmud, umar and family dance around a 500 million cash pile.. ..

Then they ring a few shareholders telling them they care 😂😂😂

All in days work....

That's fine if you wish to pick the bones over 5p bf.

The kamanis wiped off 395p

Mike has wiped off 5 or so pennies if you believe the manipulation.

And you are mad at Mike for that.

I choose to blame the real culprits.... Kamani.

Hey Alex

I do follow the web traffic a bit tbf, there is always fluctuations, the last few years its been in a downward trajectory following the revenue (or vice versa)

These drops are much bigger than I have seen in the in the past though

The problem is there is nothing for shareholders, literally nothing apart from looking at the most recent car crash 6 month update.

We have to ignore all the flashy videos from dan as they simply don't marry up with the most recent figures.

I like most am sick to death of this turd and it's self enriching management that get bonuses for failure.

We have no idea of whats is due to or in fact when🙄

But next isn't a sole online player, it's a hybrid model

It would be like comparing it to jd sport or sports direct, pointless as they are hybrid models.

When compared to the nearest competition which is Asos the plt and debenhams numbers are far worse - I haven't even mentioned yet that boohoo traffic is down 20 percent also...

Web traffic stats jan...

Plt down 17 percent

Debenhams down 20 percent

Boohoo down 20 percent

Boohooman down 24 percent

Karen millen down 2 percent

Asos down 6 percent

Nobody see a problem here? Ok then.

"Hang on scb you reported the share manipulation to the FCA a while back didn’t you…."

Hang on.... Jeremy... No I didn't..... I reported the fact that every set of results for about a full 12 to 18 months were preceded by blatant sell offs by people blatantly in the know....

That is known as market abuse....

In june 2023 when frasers first went to the 5pc threshold the sp was just over 30p

Why did the sp fall from 430p down to 30? Because of the company performance - it's all right there in the rns history for all to see

Since the sp hit 30p in june 2023 the company performance has got markedly worse yet the sp is still hanging close to 30p

In the time from june to 2023 to today the sp should have dropped further considering the company performance has worsened

Why has thensp managed to hang on to the 30p area?

Because there has been a large buyer supporting the sp - frasers.

It's pretty simple.

But its not comical, it's far from it

Plt is down 17 percent in one month from an already low base the previous month due to to that being down 8 percent.

That's drop in web traffic of some 30 percent. Bearing in mind that plt makes up 40 percent off the group revenue and it become even less comical.

You can't even think about a comparison with next which has seen record revenue and record profit the last few years. Plus they have stores!

If you want to do a direct comparison then look at asos - down 6 percent... Now do you see the problem?

Yes shabz, but nearly 30 percent down in two months, one of those months the busy December period.