Member Info for southcoastbather

Quaker - it sounds like debenhams will be a good driver moving forward - 170 percent growth on already big numbers is pretty impressive... Debs alone will probably be doing 2 plus billion revenue within 2 to 3 years.

Also the Kamanis have put 15 million quid on the line - people have been asking for them to buy for the last few years.

Mike doesn't seem to be stopping his buying spree any time soon.... Soon enough we may all be voting on a resolution to allow frasers to go above 30 percent without the need to make an offer....

Comparing asos with boohoo over the same time periods, both companies in the same sector have ended up in the same position.... They had the same experience during covid, and the same issues post covid....

Debacle are you ok Hun?

Feels like the placing was the first piece of the jigsaw to the recovery from the bottom...

Debenhams being nearly a billion in gmv and growing at 170 percent feels like another big piece of the recovery jigsaw....

Got to be the soho property going to add another piece.... That take dept right back to 45 million.

Maybe one or 2 of the labels to go as well, although something tells me the labels will be held onto.

Maybe its time for boohoo and Asos to start recovering.

Reardon - you would be surprised who speaks to who in the back ground....

Nearly!!

southcoastbather

Posted in: BOO

Posts: 6,575

Price: 31.00

No Opinion

RE: Frasers total shareholding14 Nov 2024 08:10

Very likely to post an rns totally 29 percent soon

There have been a lot of posters ranting of no family buys, 2 of the main culprits are missing today funnily enough.

What has the Kamani purchase done to people's opinion here??

15 million back on the table....

Https://brrmedia.news/BOO_IR_24

Very likely to post an rns totally 29 percent soon

Frasers have been putting a bottom on this share price for 18 months...

Today frasers have further put their stamp on it....

And the Kamanis have stomped in as well with 15 million quid....

Something big is coming imo....

They aren't piling in for NO reason are they!!

Seemingly Mike and Mahmud see the opportunity and will be somehow working together.....

Reardon.... The future is bright!!

Put....

Kamanis out 15 million quid in....

They've done nothing illegal - this is why they are holding the egm.... Everything by the book for once.

It kind of does make sense tbh - most people are in agreement that the group is fundamentally undervalued - debs being worth pretty much what the group mcap is....

Look at it this way - the company doesn't need the cash, the company needs the shares to win an egm vote - what is the quickest and cheapest way to gain 10 percent voting rights (whilst also lowering your opponents power)?? A cash raise for new shares!

Imagine trying to buy 120 million shares on the open market in 4 weeks, when there's probably about 300 available...

No doubt the family will take part in this to further bolster investor appetite...

Reardon hold tight lad - The future is bright.

Pretty sure it is imminent that we will be notified of the egm - there is definitely more going on in the background with the legal side of things.

I've had a company make contact with me regarding frasers and the egm.

I mean you could flip it and say why not buy as many under 30p before making an offer of xy and z.... Not that i think an offer will come just yet.

This ongoing conflict between the two companies paints a picture of unresolved differences, with previous attempts at mediation seemingly unsuccessful. It remains to be seen how Boohoo will navigate this turbulent relationship with such a significant stakeholder, especially as it balances maintaining other investor relationships.

https://www.financial-news.co.uk/boohoo-excludes-frasers-group-from-shareholder-talks/

The board have been desperately shmoosing institutional investors before they call an egm....

Mahmud is in real danger of losing control here.... He knows it...