Member Info for southcoastbather

"Youth brands arent falling at 41% currently

The decline in Q3 to date is far less than that"

And your evidence of this is?

I remember you telling me I was wrong when I said youth brands revenue declines had accelerated beyond 21 percent... Then surprise surprise they declined in h1 this year at 41 percent...

As I said though, I was being generous, allowing for a decline of 15 percent on everything except plt for the second half of this year, and a decline of 30 percent on plt for the full year (though its likely higher)...

I notice they neglected to even mention labels this year in h1 where as they did last years h1...

Any idiot who bothers to look can see the revenue losses for the group are still accelerating...

Group declines Including plt are -

2022 12%

2023 17.5%

2024 17%

2025 29% (inc plt)

It will be a long old wait for the full year results and even longer waiting for the accounts to appear on companies house.

2022 2 billion

2023 1.75 billion

2024 1.46 billion

2025 1.2 billion

I've got 2026 revenue including plt coming in at approximately £850 million

And that's being generous to plt by only taking 30 percent off the revenue figure when we know youth brands are falling at 41 percent currently...

They may well have improved some internal issues but they are still fighting a house fire with a water pistol when considering the company is still accelerating its revenue decline.

That 35 million inflow and the removal of plt has certainly dressed the numbers up for h1!

Not being funny but couldn't everyone of improved their position by taking action?

39p when the vote went against Mike I said this would suffer badly, and call the drops all the way down to 10p - yet somehow I was wrong apparently?

So many people were calling out manipulation on the way down, yet dont for one instance question when it rises... Imagine if it's a pump and dump...

Take a look at what happened to revb - that went all the way from like 200 down to 8p then all the way up near 30p, then ended up at an all time low of 3p and a big placing.... Classic pump and dump....

If plt isn't sold sharpish then boohoo will run out of cash within a year although likely less - they are already likely down to the last 15 - 20 million quid...

I don't believe they will sell plt, I think its more likely they keep and issue a big placing to raise cash. However if they do sell plt it will be to the kamanis via a dubai based company for peanuts.

Counting the chickens a bit early here....

Jogger old buddy ol pal...

Sarcasm is the use of remarks that clearly mean the opposite of what is being said

Yes they purposefully destroyed youth brand revenue by 41 percent fed.

"• The Group does not have any representation on the board of directors. The Group attempted to get directors appointed to the Board during FY25, but these attempts were rebuffed."

The reason they didn't put it to a vote is not solely because of frasers, in the past their bonus schemes have always faced stiff opposition when put to a vote, the opposition has increased with every bonus scheme proposal and this one would have been no different - they just didn't want the public embarrassment of facing a higher opposition than ever before.

So Dans first bonus kicks in 2 pence or roughly 5 percent above where the share price was just before he took the seat - that is just plain ridiculous.

The remuneration should have been agreed when he took the role - the reason it wasn't? Because they knew the share price had further to fall so why jump in early!

The headline figures were put there to fool investors, and it worked because people are immediately saying he deserves it if it gets to 300p, this will never happen though.

Not one single bonus scheme since 2018 has managed to pay out as they simply never hit targets.

"Frasers operate similar schemes themselves, so there attitude is confrontational as usual"

How much profit did frasers just post today??... More than boohoos total revenue??

The plt "sale" has not progressed beyond what the open market knows, any progress would be price sensitive and todays rns signifies that no progress has taken place - end of story.

There was even an article copy and pasted in this chat a day after results that speculated the lack of director buys signalled the plt deal could have made progress, the buys have cancelled that speculation.

Sure..... The executive chairman and co founding executive director wouldn't be aware of an asset sale which constitutes some 40 percent of the total company...

If they weren't aware they would be breaking their legal duties to the company.

An executive vice chairman member would be aware of an asset sale, especially if it involves a substantial portion of the corporation's assets. An individual with this title typically holds a very senior position that involves high-level strategy and governance, requiring their awareness of major transactions.

Here's why an executive vice chairman would be in the loop:

Seniority and Authority: The title "executive vice chairman" denotes a high-ranking position within the corporate hierarchy, often above executive vice presidents and sometimes just below the CEO or board chairman.

Strategic Involvement: This role often focuses on long-term strategy, major projects, and high-level stakeholder relationships, which inherently involves knowledge of significant business changes like asset sales.

Board-level Knowledge: If the person is an "executive" member of the board (an "inside director"), they are involved in the day-to-day running of the organization and have specific knowledge of its inner workings and financial position. Board members are responsible for approving major company actions, including asset purchases and sales.

Deputizing Role: A vice chairman is expected to be capable of and prepared to take on the chairman's duties and responsibilities in their absence, which means they must be fully informed about critical company matters.

Material Transactions: The sale of a significant portion of a company's assets is a major, often confidential, transaction that requires approval from the directors and may even require public disclosure to regulatory bodies, making it a key topic for top executives.

While the CEO and other executives manage the daily operations, the executive vice chairman is positioned to have oversight and involvement in crucial, company-wide decisions and is a part of the core leadership group informed about such material events.

Northern i asked a question and answered it.

The plt potential sale has not progressed since August.

I mean remember bf saying that they delayed results in August believing that the plt deal was all but done and they then released results on the Tuesday or whatever it was as they realised a deal couldn't be done by Friday...

What stage do people think the plt sale is at?? Bearing in mind they haven't mentioned it since saying it is a possibility they would sell it... And there have now been director buys and no further comment on plt

Unfortunately that put a big flag pole out highlighting nothing is or has happened with plt....

Feel free to provide your evidence of all the posts pre open when posters were discussing the results and the predicting a rise.... Surely you posted before the market opened.... What with you being the expert who rode this all the way down from 400p going through 4 or 5 aliases in the process...

I must have missed your post before the bell on results day then....

Maybe go and brush up on your understanding of the English language and phrases.

Yes you're right bf there were hundreds of posts on results day....

But as I said nobody here posted saying this will rocket, as in nobody here posted before the market opened saying "this will rocket based on those results"

Not one person here popped their head up and predicted a results based rise before the market opened.

If people were honest they would probably say they read the results and pooped themselves.

When a company posts stonking results that warrant a rise you will notoriously have plenty of shareholders jumping and shouting about how good the results were and the share price will rocket....

Yet on results day not one person here stated the above... In fact this chat was like a ghost town....

Because deep down everyone knows the results stink....

Panure must be smoking crack if they have revenue pencilled in for no decline this current year - we are 9 months into the year and the latest figures show a 23 percent decline in revenue...

Did anyone spot the revenue figure that debenhams has contributed in h1? (We know gmv growth dropped from 33 percent down 20 percent)

Yup indeed I did believe there was a great opportunity when they had load of cash in the bank and loads of revenue...

In no way shape or form has this company been ran for shareholders - this has been nothing but a vehicle for getting a certain few very wealthy...

Https://www.business-live.co.uk/retail-consumer/worst-over-boohoo-investors-encouraged-26946322?int_source=amp_continue_reading&int_medium=amp&int_campaign=continue_reading_button#amp-readmore-target

Lets not forget panmure were saying the worst was over when the revenue was 1.75 billion and the share price was 45 to 50p.

Hexam, I can't get over the revenue decline of 41 percent on youth brands, that is absolutely bonkers - its not a question of a turn around imo, it's a question of it will stop declining when it can't possibly get any worse.

Another thing, if you take all the youth brands away I don't believe debenhams is self sufficient.... They are using all the other brands and labels to support it.