Member Info for southcoastbather

Nothing has improved under Dan except his bank balance!!! That's thr reality.

Oups nearly forgot

325 rcf on 2 billion revenue and net assets of a billion??

175 rcf on 1 billion revenue and net assets of 4 million...

Ummm...

Property sold at below market value.... Cough cough...

40 million placing.... Cough cough....

175 rcf currently and strapped for cash... Wait and see this figure is soon to rise

Im pretty sure boohoo have extended their rcf just lately lad.... And at a ridiculous rate... They are now paying more interest on 175 than they were on 325....

Whats the current nav here? Is it positive or a minus figure....

Asos have just reduced their interest costs with improved terms on said loan, around 5 saved million on like for like basis.

Boohoo had to go to high risk high interest rate lenders and beg.

ASOS will announce its FY25 results on Friday 21st November 2025, where it will provide further detail on its strategic and financial progress. Management will host an analyst presentation at 0930 GMT and a live webcast will be available via the ASOS Investor Relations website.

ASOS is pleased to announce the successful refinancing of its Asset Backed Loan facility into a secured term loan and Delayed Draw Term Loan ("DDTL") with a new syndicate of private lenders. The refinancing brings materially improved financial terms, including £87.5m additional liquidity headroom, increased financial flexibility over an extended five-year term to 2030, and a c.£5m like-for-like reduction in annual cash interest costs versus the previous Bantry Bay facility (see Notes for more detail).

ASOS enters the final phase of its multi-year turnaround with a significantly strengthened balance sheet and the right level of flexibility to focus on re-engaging customers at scale. The improved financial terms reflect the enhanced profitability and significant strategic progress of the Company during the successful execution of the first two phases of its journey, focused on building sustainably profitable and resilient foundations.

Aaron Izzard, ASOS CFO, said:

"I'm pleased to announce the further strengthening of our balance sheet and financial flexibility through this strategic refinancing. As well as offering improved financial terms, it better positions us to deliver on the final phase of our turnaround strategy and growth plans with greater confidence and resilience."

There's 2 rns over there at asos....

Proper company with proper communication

Spends 2 years blaming the complete value wipe out on market makers not doing their job - then when many other users point out they can't sell and are therfore stuck, and even shorters are unable to open a position due to nobody wanting to buy the shares...

Out comes the market makers as a defence!!

Helllooooooooooooooo ummm its 11p for a reason.... Cough cough no buyers...

Bfdinvestor

Posts: 8,493

Price: 13.00

No Opinion

RE: Discussion12 Nov 2025 22:32

If there are no buyers you cannot sell your stock

What do you think the role of market makers is?

More complete garbage southcoast

Joker it appears you are the only person claiming to be able to get quotes to sell....

Other people are saying the contrary you.

Take jt up with them.

So the deal couldn't be done by friday........ I suppose you didn't mention which friday.

Bfdinvestor

Posted in: DEBS

Posts: 8,491

RE: Huge director buy27 Aug 2025 15:30

Fed the PLT potential sale isnt market sensitive information now, so why wouldn't she be able to buy.

It seems to be fairly well accepted that it's a done deal not a pie in the sky potentiality

It may take a while for the actual sale news to come through

My personal view is that the reason the results came through intraday is because they realised that the sale couldn't be done by Friday.

If there are no buyers you cannot short sell a stock

If there are no buyers you cannot sell your stock

Both of the above actions require a buyer....

People have to face that management have created this mess, and also hold them to account rather than trying to defend them.

It makes absolutel sense what Northern has said.

Exactly.... Dan managed to milk 5 2 million on a year of record losses and absolutely terrible performance across the whole group. Truly no morals or shame from these clowns.

Sorry paulie but that did make me chuckle reading that after reading joker and bf's comments.....😂😂

The sad reality is right now nobody wants this junk despite the claims of people building big positions.

Https://www.ig.com/uk/news-and-trade-ideas/burberry-earnings-preview--turnaround-strategy-faces-critical-te-251111

Interesting read to see how open management are with the market about their strategy....

Proper communication

There has been zero strategic update - allegedly they were going to update shareholders in due course but that has now been over a year...

With the amount of times they have mentioned "strategic review" you would think it a big enough deal to actually spell it out to the market via an update??

The bloke is just an absolute fool, lost his shirt here and doesn't even understand why. All he does is argue day in day out with anyone on any forum that is negative on any share he holds. Absolutely no understanding of business or how to make money.

He even professed after the last full year results record loss and dire revenue that it was better than expected!!

The only thing worse would have been admin.

Peecy started this thread this morning.

All you have just done is prove you are reading johns posts.

For over 3 years we have been told there has been major cost savings identified, on 3 separate full year updates they have mentioned annual cost savings in the region of 100 to 130 million

For over 4 years they have targeted to reduce revenue decline to return to growth or at least flat line.

For nearly 2 years they have touted the idea of selling off brands and even the full break up of the company.

For 2 years they have talked about returning superior shareholder value.

But all they have managed is for revenue to keep falling, losses to keep growing and the company value to keep falling and no brand sales.

How has Dan reversed bad decisions? The money is gone and wasted, to reverse a bad decision would suggest we have received the money back.

For 4 years we have people suggesting that the results are so bad they must have kitchen sinked it and all will be better next next results, but then results get worse!!

They have wasted 700 million pounds in 4/5 years and lost 5 billion in company value yet some fools are applauding this value destruction - if you are one of them then you are so stupid you don't even realise you are stupid.

H1 results are going to be a shocker for some people here thats for sure - revenue will still be falling at or near 10 percent, debenahams gmv growth will have dropped to maybe even flat line and the revenue decline will out strip any cost savings so the company will still be making losses.

And yes the company is running out of cash - that is a fact backed up by the need for extending the rcf very recently!