Member Info for southcoastbather

Staff costs still still ballooning when cross referenced to revenue..... Capital light my yaris.....

Staff cost 144.9 million vs 1.2 billion revenue....

4/5 yeas ago the business had similar revenue with staff cost of 80 million.... And this was before automation....

With no current guidance I would say the company is heading for a revenue decline of 200 million this current year.

It's all laid out to see.

Umars outlandish pay packet would have been about 800k up until that point.... Obviously a lot more now....

Don't forget how late these accounts are.... 3 days before suspension....

How late is the agm??

Did anyone check the total staff cost? Last time they had revenue of 1.2 billion the total staff cost was about 80 million quid... No doubt it is showing 140 now??

Talk of the turn around just cracks me up tbh, people think they haven't been trying to turn this around for the last 3 years?... They literally know nothing other than pure luck which has long ran out. In reality there will be a point where things get so bad that can't contract anymore but there would be far bigger issues before hand....

The reality is that NO rabbit has been pulled from the hat... Just a rabbit hand sock that Mahmud is flashing and will soon take away....

It was plain tp see a few things...

They were desperate for cash and needed the extra 50 million to stay solvent.

Plt was rebranded due to shocking declines and is no doubt still declining with the rebrand hence hiding it under a "sale process"

Revb value being dropped by 16 million is just not enough, it should have dropped by 25 million to reflect today's value.

Strategic review???? What happened to that.

As it stands the 3 year trend of shrinking revenue and growing losses is extending into a 4th year regardless of the the hot air balloon in this chat.

Unless something changes very soon this company will be continuing to borrow until it can't, then it's game over. (if revenue trends had changed they would have absolutely been singing like a canary about it)...

Never mind bf there is always next year's results to wait for....

Just got back from a lovely boat trip and thought I'd have a quick look in the boohoo world... seen all the excitement here and thought wowwww😎....

The old saying....

Fool me once shame on you... Fool me twice shame on me....

The only reason plt has been "put up for sale" is to remove the embarrassment of telling the market how poor the current performance is... It won't be sold though its just another can kick...

Losses over 300 million? Who was the only one here to predict that?

I can't believe people are so thick they can see that once again the Kamanis are trying to get your support for the agm votes....

Who the hell blasts out results mid trading session?? Just another amateur move....

The desperation here can be taste from thousands of miles away.

More chance of a Sahara desert nomad needing ice fishing skills than bf getting his money back here.... Unless his last name is Kamani of course.

Kach - the terms on the agreement for the new credit agreement could rely on the company taping shareholders to split the risk... We will find out on results... Much like revb.

Once again the board not acting in best interests of the company...

How much interest are they wasting annually with this rate compared to frasers offer ??? Millions....

People seem to be confused with the new deadline being how long the new money will last the company.... It will be gone long before the current credit facility runs out at the current rate of waste.

Kamani ans the chairman need ousting now.

Anyone seen the mess over at gst??

Auditor resigned apparently.... Smells like billingsgate market...

The blokes lost the plot...

Companies financial year ends in February 25

June 25 I make a post about the "coming year"

Jezzer stamps his feet saying that means I was talking about last year....

Literally makes zero sense.... Considering the words smith he think he is as well it's even worse....

ATL next week? Or today?

"my bet is they will have a break even year this coming year and roll on to a profit next year."

Note it says this coming year - as in the year they are now in which runs up until next February... Unless of course you can see into the future and you already know the years figures ? (ps i bet you wish you seen the future here at 400)

Wait and see.... They only just have the funds..... Don't make yourself look a clown again just yet....

Anyone see the director buys at revb... 😂😂😂😂...

Not showing confidence.

I was close.... Dilution a bit off though.

southcoastbather

Posts: 8,617

Price: 7.60

No Opinion

RE: Hold12 Jun 2025 16:45

I suspect we will see placing of around 13 - 15 million, equating to approximately 40 - 50 percent dilution.

Fed hon9you should go to see the shear delusion of the clown show.... Its something to behold!!

And Im happy I had the opportunity to tell them face to face the company is a turd.

Seems the market are now focused on the fact boo continue to need more and more loans....

Atl next week?

Yes he could always get another job.... And thats exactly what he did when it was clear his outlandish bonus scheme would never pay off... He was here on the promise of ridiculous money for being the "face" of the business....

You haven't even sat in a room with these people... Pop to the agm...

Mr 2 percent will be there no doubt

Did he?

You sure that wasn't Mahmud...

You think Lyttle just went off on a spending spree with no board approval??

Do yourself a favour and pop along to the agm.... Then let's have a conversation about whos running the show....

Lyttle took the business from a billion to 2 billion revenue.

"Do Frasers operate in conjunction with boo shareholders who together with them own more than 50% of the business southcoast"

No but mike Ashley owns over 70 percent of frasers so he single handedly owns more of frasers than these clown own of revb - so does he own it?