Member Info for southcoastbather

Any Internet troll.... Don't feed them.

As I said.... You have had people on here gloating for weeks at people sitting on losses then the market gives everyone a reality check.... I love it!

These are my favourite day's..... Everyone's in PAINNNNN!! Nobody is safe in any share right now.

N brown have had problems for a long time now.

Peaky if that's aimed at me I don't know why tbh, I'm saying I believe Mahmud and Carol should be back running the company.... Jl needs to go asap.

The irony is both boohoo and asos thought they were bullet proof mid pandemic when they were hoovering up all the failing high street brands..... How wrong were they!!

At least the asos ceo had the decency to stand down and plss off.... We are still stuck with the clown ceo John Lyttle...

Jl is hanging in here destroying shareholder value and the company reputation due to his bonus target.... I'd be happy if they paid him 5 million to leave now.

At what point does a ceo with no skin in the game get marched off site??

The kamanis only hired Jl for publicity....

Now is the time to launch him off site and say "we told you we should be running the company".....

Company is now m capped at 950 million....

Management value plt at a similar level 18 months ago lol.....

I know exactly how saye earn works.... With that in mind most people will now stop paying in anyway when they see the sp...

Lol the family shafted the group with plt end of story.... I still remember them saying in the rns they thought the purchase would seriously impact group profits.... I just didn't realise they meant downwards lol

Imagine how the staff feel.... Paying into save as you earn for years only to see this share price where it is....

After also watching the family splash their wealth lol!!

You're right it is about value

What would the value of plt be if we were buying the remaining 34 percent of today as per the contract rather than 18 months early

Probably about 30 million in cash and 10 million in shares rather than the 170 million cash ans 100 million in shares??

Management knew way before we did that costs were going up and that's why they rushed the plt purchase... Keeping as much money in the family as possible.

May/june time.....

T4g yes ill buy you a beer....

Management do need be asked questions...

They have over spent and certainly shouldn't have bought plt 18 months early - especially as the only reason they rushed it was the shadowfall report?!

T4g will you be at the agm?

I'll be there to ask the questions direct to management....

Have you ever attended an agm?? When you question the cfo's and ceo's you soon see they are normal people when they start tp squirm.

Remember when your parents would tell you never to spend all your savings.... "save some for a rainy day"....

It's a shame management spent all our savings not taking into account there could be rainy day's ahead....

The spending has been outrageous...

Why buy plt 18 months earlier than contracted?!...

John Lyttle has serious questions to answer regarding his decisions.

Shareholder's here are fixated on short position's when the reality is the market have no faith in management here and that's why we are at 80 odd pence - it's that simple.

The more shorts the better.

A shareholder with more than 10 percent can single handedly block and takeover offer....

Repyyr remember Mahmud is a shareholder as is Carol cane.

Rules of any takeover state no single shareholder is allowed to benefit more than another so how on earth do they recapture their wealth with a buy out by a comsortium unless there was a takeover offer of 4 or 5 times the current sp...

Could you see them selling at say 150p and then working to make the new stakeholders wealthy?? I couldn't

Its not like there is a creditor that can force the company into administration either...

A serious offer would have to be 300p plus to even get considered but even then i would guess management would request shareholders to reject it.

I was thinking about the whole "going private" thing....

A few things crossed my mind.....

Would any private equity firm want to work with the Kamanis? I think the answer is a big fat no.

Remember that in a private equity buy out there would be new share holder's - not just a group of gambling stock market mugs but a tight nit group of 3 or 4 quity holders who wouldn't take to the lse chats to winge rather likely to be banging on the Ceo'S office door daily....

Also would the Kamanis go from being worth billionaire status to answering to a private equity group? That is another big fat no.

Their easiest route to wealth is to get this share price back on track.

That doesn't mean there couldn't be offers though!

Reardon growth could absolutely explode..... Emphasis on the word could...

Management need to get this right to see the growth explode...

This is why I believe new highs will be hit next year.