Member Info for southcoastbather

Also can you highlight the rns to say they are a concert party?

Or was it announced at a Merril Lynch event?

"They are clearly acting as a concert party,so in what way do the now not own the business"

Ummmm it's a listed business?

Ummm there are other shareholders???

Tell me does mike Ashley own frasers on the basis?

Bf sat watching the sp crater before his very eyes and it's someone else having a mare..... 😂😂😂😂

Boohoo have revb holding sat at just under 30 million on their books

Surely there will have to be an adjustment now made as that is plainly out of sight for years to come, if ever.

Have you any idea of the arrangement fees for these facilities mt?

Couple of million a time... Not something you want to keep doing early.

Https://businesscloud.co.uk/news/does-boohoos-eye-wateringly-expensive-175m-refinancing-make-it-sitting-target-for-a-takeover/

Does Boohoo’s ‘eye-wateringly expensive’ £175m refinancing make it sitting target for a takeover?

In my view, this refinancing lays bare just how inadequate the existing facility was. Otherwise Debenhams wouldn’t be scrambling to refinance early – and for a larger sum – before the old one had even matured,” he told BusinessCloud.

“Refinancing at base plus 7.3% is eye-wateringly expensive for a household name and underlines just how much risk lenders see in the business. Companies don’t normally lock into costly debt this early unless they’re worried about being shut out of the market later.”

Boohoo has seen its share price drop in recent months. It is down 39% in the year to date at the time of writing.

We recently reported how speculation is growing on exactly when the under-pressure retailer will publish its full-year results for the 12 months to February 28th, 2025. It has until the end of August to do so

Investors hate uncertainty and this kind of governance storm is exactly what opportunistic bidders look for. While this might attract outside attention, businesses that maintain clear governance, open communication and robust financial planning stay in control and can respond strategically.”

As I stated, I think what ever happens at revb is a blue print for what will happen here...

Credit will be maxed out here within 12.months then comes the dilution....

Admin was worse case here and dilution was best case... Holders will still get the shaft.

"Fed I've been saying for ages Debs are working with Minto, the other founder being involved is a surprise.

In essence, to all intents and purposes, they have purchased the business. They have just done it via equity, which is what I said would happen"

Shut up did you say this would happen!!

You tried saying boohoo would take the lot and I told you there was no way the founders would just walk away.

You kept saying that one of the co founders was blocked from voting without any evidence yet here he is coming back to advise...

More stories than jackinory lad.

It was 142

Amd its still falling at a higher decline than before.

Where is this 200 million revenue figure coming from oak?

Its more like 110 tp 115.

Https://www.retailgazette.co.uk/blog/2025/08/frasers-arndale/

Different ball game over at frasers....

Real businessman compared to car boot salesman...

Yes im sure the cash position is just fine.... Hence the loan increase.... They didn't need it really.... It hasn't completely cratered the share price and come right to the wire... Results weren't delayed...

40 million at the start of this year with a cash burn of 6 to 7 million... 5 x 7 is??? Oh yes 35 million....

How much did the plt rebrand and re-stock cost???...

If you think cash isn't tight you are mental.

Look at mr brave.... It was a matter of days ago you were ranting in emails to the company wasn't it??

Did they answer the phone to you in the end yesterday??

You seem to be posting with one one view yet in the background emailing and calling the company ranting with another view...

Lets wait an see the cash position so we know how long the extra 50 million will last....

Currently the can has just been kicked another yards down the road....

"Just comical. Last year they were paying £22m from memory."

I don't believe there is anything comical about paying 20 million a year in interest for a business that 4 or so years ago had 500 million net cash...

Add those interest payments to the excess staff costs and thats where the problem will be.

Looks like the deciding factor on the cash position will be if youth brands slide has continued at a 21 percent decline then.... That will really hit hard if it has

Hex are you sure?

I wasn't aware of loan repayments of 50 million in half 1 last year? (that i can remember off the top of my head)

I thought loand repayment was h2?

I might me wrong though

So cash position at end of feb year end was around 40 million from memory?

Half one of that year they burnt through 90 million

So effectively this 50 million surplus on the new agreement could potentially be the new cash position?

Nobody putting the house in?? Dividends next year😎

Dan has zero track record in being ceo of a failing business ad turning it around - there is far to much focus being put on debenhams here, debenahams in reality only adds 200 million in revenue to the group - youth brands last year lost of 250 million while debenhams gained 20 million. Youth brands were accelerating losses at the last notification.

Why didn't they give a date today for results?

Why are they still treating shareholders with complete contempt?