Member Info for southcoastbather

As painful as it was I watched the presentation again last night with Dan dumb amd phil dumber....

Thought is interesting that home is now the biggest category on debenhams.com....

Clothing sales are just dropping across the whole group.

Https://www.google.com/amp/s/www.dailyrecord.co.uk/lifestyle/fashion-beauty/debenhams-825-watch-looks-similar-35910182.amp

😂😂😂😂😂

Another thing that should go is the London office, they need to cut the lease and get out of it. It's a waste of money and hasn't served a purpose.

If anyone here voted to keep kamani you are a moron of the highest caliber

"Which also implies the loan wasnt a last minute thing or a reason for holding up the accounts"

So was the below misinformation on 24th July then?

Debenhams Group (DEBS.L), the online powerhouse in fashion, home and beauty, notes the recent speculation regarding a new debt facility. Shareholders are reminded, that as previously announced, it has in place an existing £125m RCF which does not expire until October 2026. It continues to review its debt facilities, in the ordinary course of business.

Debenhams will provide any further updates as appropriate.

Exactly kg - the whole frigging board needs ousting including Dan.... He is here to stuff his pockets with cash, as much as he can while he can because they all know it won't last.

I would say they certainly need cash more than warehouse space and staff....

Although part of the new finance could be they are not allowed to sell property

What will the agm bring?

Will we see frasers vote in favour of keeping kamani?

After the the horrific results they may well see it fit for him to sink with the ship.

Will we see institutions act in concert with frasers to oust kamani? They certainly have reason to after the last 10 months since the egm.

Will we see an rns tomorrow removing the remuneration and bonuses in advance of the agm? If not and they then lose at the agm it will be a public humiliation for the board.

Will we see an absolute kicking for multiple board members?

One thing for sure the remuneration committee should be ousted with immediate effect after the agm.

Roll on the agm!

Dunkerton is trying to nick what is now a very profitable business...

There is no way the business needs 4 million quid for day to day running...it's simply a ploy to try and lever out the last shareholders..

Holders should buy their options and sit back as there will be an exit opportunity in the future.

Absolutely no way a business making 51 million quid profit is worth just 7 million quid - it's absolutely ridiculous.

Either dunkerton will buy your shares at a later date for amuch higher price or you can exit when dunkerton does... He will want to exit himself at some point.

This business is worth 10 or 20 times that exit offer with 51 million annual profit.

The product range is back to its best and the preppy style is back in fashion big time....

Dan has never been a ceo of a listed company.

He has never turned around a distressed business.

He has no track record.

If you need further proof look at revb....

Funny how the private properties are doing ok though isn't it😊... They only burn shareholders money...

Its fair to say this company is closer to failing than it has been.

Net asset value year before last 279 million

Net asset value last year 4 million as of feb 25

Where is the net asset value at now?

The sp is telling shareholders everything right now.

The company was days away from suspension - it really is that simple.

Give us your prediction for Debenhams profit when the documents are filed? .... No thought not....

Revb 2.4p....

Anything the Kamanis touch turns to sschit....

I said that to Mahmud and he didn't much like it.... Truth hurts sometimes though eh.

I see bf is posting more absolute lies....

I stated -

The company could get suspended - it was days...

Admin was a real possibility - it still is...

The company would need more cash... It extended its borrowing

The loss would be over 300 million - it lost 349

There was reason the sp tanked from 25p to 17 - there was as funding issues were leaked..

The company would hit 13p on results - it did...

Revenue would fall to 1.2 billion - it did..

Now I'm predicting that debenhams will show a loss for last year when the account appear on companies house...

Im also predicting that debenhams growth has all but stopped....

Also h1 will show a loss of over 80 million...

The sp will hit 8p when h1 is released, then onto 5p within a few months.

At the same time you could ask them why they felt the need to change the AOA and also use a ridiculous high interest rate if the company isn't in financial distress

12.9p record low says this company is in serious financial stress.

Dan has lost control of the share price, the company and the market has zero belief.... Roll on h1 results and also roll on last year accounts hitting companies hoise showing a loss for Debenhams.

Ocean - you have just described the fastest route for the kamanis to get their value back.... I mentioned it a while back but it was discredited by the village investor....

Still holding onto the rcf not being fully drawn?

Ignoring the ridiculous rate it is at which points directly to the business be highly stressed...

The shrinking revenue...

Growing losses.... 349 as a record...

Selling property cheap...

Placings...

No guidance....

·" Robust balance sheet with £123.7 million of land and buildings, £200.3 million of fixtures and fittings, £208.0 million of inventory and £29.9 million investment in Revolution Beauty"

Again from 2024.................. thats changed a bit now............. rinsed balance sheet.