Member Info for southcoastbather

What happened to the plt sale? It was fugazy number 8?? How many more fugazys do they have up their sleeves for dumb kamani believers?

Meanwhile cash is still whittling away...

Im not even going to pretend to know what bf is talking about.

Bf still too scared to put out a prediction for h1 I see.

Ocean the cynic could think part of the reason for changing the ticker was to get away from the disgusting share price history....

Anyone heard off Dan lately??? The silence is deafening once again.....

Interesting to note how peaceful this chat is with the resident troll picking fights with everyone, anything tp try and derai5the truth eh.

Over 5 billion mcap wiped off and some fools here think everything is rosey.

Reminds me of the film bird box....

So the undeniable fact is that over 5 billion of mcap has been lost - regardless what the village person says.

In june 2020 there were 1.26 billion shares in issue,so times that by whatever price you care to muster up bf.... You will find it to be far over 4.5 billion mcap...

Mahmud Kamani, the British retail tycoon who founded Boohoo in 2006, has seen the value of his share in the business shrink to just £60 million from a high of over £570 million in 2020, an Evening Standard analysis found. The firm’s market cap fell below £500 million this week, a drop of over 90% from its June 2020 high of over £5 billion. Kamani controls a 12% stake in the firm, according to Refinitiv data.

https://www.standard.co.uk/business/boohoo-founder-mahmud-kamani-loses-ps500-million-as-firm-s-stock-becomes-uk-s-most-shorted-b1028414.html

Better email and ask them to correct their figures then eh.

When it rises??

Its sitting near all time lows with 5 billion wiped off the mcap while waiting for h1 results that will show further declines and losses.

Delusional

H1 results and current trading - that's all that matters.

All the rampers seem to be scared to even mention a single figure...

Revenue 550

Loss 80 million

Revenue srill declining around 10 percent

More cash needed within 12 months (likely less)

Passed even...

Dans 12 months of being in the "drivers" seat past on quietly....

What happened to all thw interviews.... "90 days in the role now".... "92 days in the role now".... Blah blah blah.... Safe to say this has turned out far tougher than he imagined??

"Hexam is wrong, the original £325m RCF was never at SONIA. SONIA is an interbank overnight rate."

Sadly you are wrong BF, the full year results clearly state that the 325 RCF is at SONIA.

Hexam - as per usual the local expert trying to twist what has been said.

I clearly stated that the current 175 million rcf is costing the company approximately the same in interest as the 325 million rcf was.

He just doesn't understand that the company has a bigger debt burden now than it did back when they had the 325 million rcf. (when looking at the bigger picture of the revenue and losses vs now and then)

Nah im pretty sure the interest rate was nowhere near 9 percent on the 325 rcf.. Maybe check your information.

Sorry bf but you are mistaken. Where did I say the rcf of 325 million was costing 6 million?

"Rcf 325 million interest rate of approx 6 percent and yearly cost of 19 million"

"Rcf 175 million interest rate 11 percent and yearly cost of 19 million"

Just think how much the revb holding is costing them annually on top of what they have lost....3-- 4 million in interest???

Using debt to buy shares in another company.... How dumb can they get??

Yes and it 2022 they reported revenue of 2 billion while notifying of the new 325 rcf.... As well as the famous capex of 261 building for growth!

2021

Revenue 2 billion

Tiny profit

Rcf 325 million interest rate of approx 6 percent and yearly cost of 19 million

-------------

2025

Revenue 1.2 bill

Losses 349 million

Rcf 175 million interest rate 11 percent and yearly cost of 19 million

Looks to me and most sane people that debt and associated costs is significantly up on a comparison basis. Debt will also be rising in due course or there will be further dilution - maybe an asset fire sale.

Except that's not what I stated.... I clearly stated debt had increased from 125 to 175 million.

There was an rcf of 325 million

When this became due for payment they tried to extend the date and one of the lenders said no due to falling sales losses growing.

They then took a rcf/loan for 225 million

The London property was sold for 50 million so they used an asset to pay down debt leaving 175 million of rcf

Then there was an emergency placing of 50 million to pay down dept further to 125 million

Although the rcf had fallen to 125 shareholders had lost an asset and also been diluted in the process

The rcf was then extended to 175 million with the interest rate increasing to 11 percent in the process.

Worth noting that when boo had the 325 of rcf they also had revenue of 2 billion.

They now have an rcf of 175 million with revenue of under 1.1 billion, minus a London office and minus 10 percent of comany value via dilution.... Adding to that the new interest rate then you see that the 175 is costing almost as much as the 325 was in interest and the company has nearly a billion less in sales!!

If you think debt hasn't increased younare nutz.