Member Info for southcoastbather

So our new transformation director has come from a finance background and nobody has ever heard of him?? Does he have a history of transformation?? Deary me

Yes Alex its fast looming - Mahmud has tried to stall this with stupid terms that he wants Mike to agree to, however none of these rules apply to the calling of an EGM.... Boohoo are going to come under a lot of heat if they don't play by the rules.

So the biggest single shareholder is going to knacker his own holding? Makes zero sense.

I'd be interested to hear how anyone thinks it would work?

Dan need to go back to debenhams - allegedly he is still running debs as well.... This raises a significant question though - has his role at debenhams been so small that he can also manage the whole group?! Are we paying people a full meaty salary for 10 hours a week work?!

You have to wonder what the "new ceo" is presenting to the large investors?

They will clearly be running through the results with them before hitting the market though - what else does desperate Dan have for them???

We know the revenue figure but we don't know the numbers in between - so if there have been asset sales or property sales? Improvements elsewhere??

It looks like we may be waiting a tad longer to see the results ourselves.

"Maybe MA dumps or shorts the stock on results day to completely trash the SP before making an offer"

Well thats not going to happen without Mike going to prison.

Boohoo are under attack by Frasers....

Mahmud now desperate so sucking up to investors he has shafted in recent years....

This is getting interesting!

Boohoo's new CEO, Dan Finley, is scheduled to meet with some of the company's largest investors, but not with Frasers Group, Boohoo's majority shareholder. This has angered Frasers Group, which is led by Mike Ashley.

Frasers Group has been trying to install Ashley as Boohoo's CEO, but Boohoo chose Finley instead. Frasers Group has accused Boohoo's board of ignoring shareholder interests and making "desperate decisions". They have also demanded shareholder approval before Boohoo sells assets.

Boohoo has said it is committed to open and transparent engagement with all shareholders. They have also said that they are reviewing options to maximize shareholder value, and that they will provide further details to shareholders in the interim results.

Dan Finley, who was promoted to the chief executive last month, is understood to be meeting some of the company's biggest investors, including Schroders, over the coming days.8 hours ago

It's vertly strange to put a negative spin on entering 3000 stores.... Probably never ran a business in their lives.

How can something be highly likely and a fact.

When you look at the results the uk revenue is almost back to flat after the 2 years of decline.... Something in the uk is working! There is actually a great uk business, and with the growth debenhams is currently seeing it looks to be a return to growth this year over all for uk

Spidey here all day every day, 18 hours a day except when his school teacher mrs on holiday at half term...

Still remember him under his other pathetic account.... The one that got banned from this boohoo forum

Both of those sad pathetic users were in silent mode over the recent half term....

Great second attempt spidey

You would think early nov is before the 12th....

Mike cashley is wortb 4 billion.... He made 700 million alone on trading hugo boss.... He could buy Mahmud 80 times and still have change I'd bet.

Another annoying thing is the blatant arrogance of the bod, there is no chance of any synergies with frasers now.... The way they have behaved has closed that door... ..

The terms they are trying to get from Frasers are ridiculous - to requisition an egm you don't have to agree to any terms.... They're outright blagging.

8. Mahmud Kamani and family

Boohoo founder Mahmud Kamani has a net worth of £67m, which is a rise of £15m from the year prior.

Kamani set up the fast fashion firm in 2006 with his business partner Carol Kane.

Kamani and his family still own 23.8 per cent of the business. Two of the family's property companies also show assets of £23.1m and their stake in the publisher of LadBible is up 44 per cent.

Boohoo, however, has racked up a £159.9m loss for 2023-24 and shares have flatlined.

I don't recall mike trying to take the ceo role at mulberry, in fact I don't recall mike trying to take a ceo role at any other company. This is more than just a flutter - the 21 day deadline for the bod to call an egm hasn't eve lapsed yet... It's only just began...

Wonder who's buying now?!

Has he sold his mulberry holding then?