Member Info for southcoastbather

People still trying to deny the fact that the last placing was an emergency funding round....

A placing they couldn't even get away at the initial price.... They had to discount it and then raised 40 instead of 35 but not because they need every penny they can get....

Dan is full of carp sadly.

Https://www.lse.co.uk/rns/DEBS/tr-1-notification-of-major-holdings-5vannnvzmizswr6.html

Looks like it was a high sell volume.

So you're saying the buy to sell ratio is 20 to 1?

You're bonkers if you think those numbers are correct.

"stuff"

Over 500 million in revenue lost

Over 500 million in losses

Millions of customers lost

Share price down 50 percent

2 x 40 million placings

2 x mass dilution

You're right none of that would have happened under John.... Not even micky mouse would do that badly.

Absolutely amazing to see Dan's post resonate with so many people... All one of them that replied ❤️

The subsidiary accounts can be very telling indeed

For instance anyone simply reading the company numbers via rna in the last 4 years would be unaware that nastygal revenue had sank from 140 million back to 26 million - where as companies house does show this collapse.

The companies house deadline for subsidiary accounts is the 28th of February.

This is the latest they have ever waited to file....

"Accounts

Next accounts made up to 28 February 2025

due by 28 February 2026

Last accounts made up to 29 February 2024"

Dare we mention that filing accounts late on companies house is a criminal offence and the fca can suspend trading for this offence ?

How can it be correct when the issued number of shares is wrong for a start.

Well yes hexam they did throw a rather large amount of money via the labels onto the Debenhams market place....

We also should remember that dan was a paid a whopping 5 - 6 (I'm sure it was around thay figure) million quid for his services to debenhams market place, so if we were to subtract that rather large over paid number from debenahams market place then there is a fair argument to say debenhams market place has never made a profit...

Years and years of a false narrative yet that said narrative matches the disgusting performance listed in every rns and also matches the disgusting value loss in the share price down from 430p to 10p......

The "trolls" have been right and so have the shorters....

180 million profit company driven into 350 million loss making company....

All while taking huge bonuses and poking their nose into revb while there own boohoo ship was on fire!!!

I dont know about rose tinted, more like stevie wonders glasses....

Whats difficult to understand is this apparently -

I never once said all the shares would be flipped in one day. (I did however tell you a placing was coming and I also told you the 20p price would be rejected...)

Debenhams isn't growing organically as its been bolstered by the group and has added to the group losses, and they have done multiple placings to fund the business - that is not organic.

What is easy to understand is you have been on this chat for years under different names trying to talk up a failing company.

Anyone know why the distribution centre isn't sold yet??

For clarity Hexam was right you are wrong.

"Organic Growth: Driven by increasing sales, developing new products, or expanding, funded entirely by cash flow generated from internal operations."

Existing assets??

You obviously don't realise there has been 2 x 40 million quid placings within 15 months.

They have only been promising growth since 2021 so hopefully one day things will have got so bad that they eventually return to "growth"...... Only another 5 placings to go😉

Https://www.facebook.com/share/r/18FQV2vzH5/

Mahmud, dan and the dumb ceo when they fleeced shareholders cash for the "no growth scheme" 😂 😂 😂 😂 😂

Yes and results were so good the share price went to 10p....🚀 🚀 🚀 🚀

Its a fact that every bit of cash they raise gets burned....

They will be giving out pots of tomorrow jam at the next agm.

"You're"would work better jogger

If this valuation is plain daft you must be fuming that management have done a placing that excluded you? Especially when according to you they aren't desperate for cash? You must be fuming.

Yes its amazing to see ian painting Mahmud and Carol as victims....

Maybe that's why he kept authorising bonuses to them while the company was collapsing? Poor little so and so's!!!

They literally take no blame for this absolute mess.... And many suckers here believe it.

Because only an idiot woulf disagree that the company was days away from suspension.