Member Info for southcoastbather

Months and months.... Every day... Even mike doesn't want to buy any more?? .. Results come out on guidance and mike buys more... All of a sudden its a bad thing.... Reminds me of 8 year olds in a school playground... Only less mature.

Nothing dodgy about shein spk.... Squeaky clean guv honestly

I remember a post of dougs getting 32 ticks.

This is another Hugo boss for frasers....

He tried elevenerife but didn't like it.

Yes broke always a percentage game for sure.... Also a hedging game for the big boys...

Daytradenovice on holiday...

https://youtu.be/-rVV7rUv3p4?si=hS7zVj8cwXvWGcWe

Daytradenovice when doug wins big...

https://youtu.be/hcxs-CH4kG0?si=QEpn4FpqyTh0r1Wh

In recent times Mike has made an absolute fortune buying undervalued stock and riding them up... There would be no benefit in buying any more shares if he believed it was going to fail - it wouldn't gain him anymore rights to anything...

Also this is not your average company that he would normally go for in that instance - founders here are holding a whopping chunk of stock and still on the board.... They would win in any kind of bidding war being best suited to carry it on - that's the way administrators work.

I believe big mike will make an absolute killing here by riding the sp UP.

Ahhh there we go....

Its bad when Mike buys....

Its bad when he doesn't buy....

Poor ole Mike he just can't catch a break... If only he had big daytroll to advise him.

Can someone tell me why he would be buying if he smells blood? because it makes absolutely no sense to be doing that

The announcement of the upcoming capital markets day is great news, I said a long while ago that the bod here need to run a capital markets day in order to show the market their vision for the business/debs etc etc...

It seems they are going to use the platform to list probably half of the current brands which is also a good idea rather than running separately.

This is a bit of bitter pill for the bod to swallow as I believe they thought their days of answering to the market were long behind them, but this move shows they recognised the need to inform the market of the vision.

Hexam - will you be attending the agm? I feel we would bury the hatchet in person.

Interesting theory that's kind of debunked immediately when checking the company has made profit every year except when being hit with external inflation and excess shipping costs etc etc etc...

Im expecting this to improve better than what's forecast for this year in the market... Q1 I think will show more improvements again within the business.

It's already a 1000 staff lighter than last year also

Hey ocean - I read your post last night and this morning... My thoughts on a few lf the points...

"Need to review more closely how cash has been depleted. I see a £50M exceptional cost associated with DC closure but surely it doesnt cost them that to turns the lights out and lock the door."

It looks to me like they have kitchen sinked this year to streamline the business taking all associated costs in an already not good year. (hopefully to start this year with a cleaniish slate)

" Im my view if FY25 pans about give or take on forecast the business will be back on track but still needing to invest/expand. wouldnt surprise me in the slightly if a 2026 rights issue was annouced."

Im not sure there is that much more to invest with all the infrastructure in place, the company have said capex will be smaller as well.

" with impaired margins it would make more sense to do a RI versus take on debt to maintain the business in the medium term."

I think they will probably sell the london office to generate at least 100 million quid.

If they attempt a rights issue they will kiss good buy to large parts of their own bonus plans which are reliant solely on share price.

They have adjusted the bonus incentive scheme a second time which was voted in their favour of, but it was a narrow victory.... If they try a rights issue and a bonus scheme adjustment I feel the scheme adjustment would be a white wash "NO".

John lyttles lives are maxed out imo - no way will he get another chance of a new bonus scheme.

Someone here also paid over 450p for iag.

Doug - is that the same sng that pedro used to post about? Pedro used to follow daytrade about like a second persona.

Shouldn't really say but added 9 grand this morning on open...

Oh here we go Daytradenovice has picked a new enemy to clog the board with.... Get this clown off of here fgs.

Over half of them by one person.... Absolutely crazy.

Hexam - until you challenge the troll jargon you have zero credibility... Come on we all know there's a little gang in a background group and you are the one that they perceive you to be the best with financials... Why else wouldn't you challenge their outright lies?... Oh hang on you hate "rampers".... Or is it you hate anyone that holds shares and anything we say remotely positive goes against the game...

Oh come on Heaxm - you stated you have done the numbers for companies and advised them... None of which should be done without qualification (numbers) and experience (owning and running companies).