Member Info for southcoastbather

Oh I'm completely right, I know for a fact.

What is the record low here this year?

Is it 19.08?

Or was it lower?

Thats absolute rubbish - you have no clue how this works.

The board could appoint an administrator now and you might not knlw for days.

"if the company knew it was going under it would have to communicate it."

Wrong

I think the plan all along was to shaft private holders, when I say all along I mean from about 3 years ago...

Kamani saw an opportunity but big Mike has well and truly shafted that opportunity....

Now there is a lot of uncertainty fro Kamani...

The board can be described in 3 letter and this goes for every one of them p o s

HE NEEDS TO GO AT THE AGM

None of the board are here for shareholders - they are here to shaft you.

Bf you didn't reply to my post regarding nastygal and the fact that the Kamanis destroyed a highly profitable business

Why!?

They are all companies that have gone bang leaving investors/creditors shafted no?

In debs case it twice and heading for thrice

"Anyone fancy posting anything that will add value"

I've asked management the same thing many times in the past month... In fact the last 3 years....

"don't know where you get this idea from that Debenhams is such a loved or powerful brand and some sort of national treasure"

He's getting it direct from Kamani.... I heard the same carp myself

In debenhams we have a company that has twice failed and is now in the hands of a management team that have a history of building acquisitions up and then killing them

"Debenhams Group (DEBS.L), the online powerhouse in fashion, home and beauty,"

This is what we are paying the communication specialist for??? Something that looks like its come from a play group.

"powerhouse" they certainly have a high opinion of themselves huh?!

😂😂😂😂😂😂😂😂 ROFL!!

You know you can't fix something when you can't see its broken right??....

The first thing rolls royce did before it began its recovery was to admit the company was broken....

Then again certain people have done very well out of killing this company.... Even taking bonuses for it.

Don't be an idiot when you have your vote at the egm - oust Kamani!!

Now I knlw this won't be up to the standards of the companies you own but nastygal did make 6 million pbt on 140 million revenue... In case you have forgotten pbt actually means a profit.... Who knows maybe there will be a miracle here one day and another profit will be made..... once the wealth fund is full to bursting point....

2021 revenue 140 million, profit 6 ish million

2022 revenue 110 million, loss 17 ish million

2023 revenue 67 million, loss 12 ish million

2024 revenue 24 million, loss 10 ish million

Well how about having a brand called nastygal

Building the revenue from 20 or 30 million to a level of 140 million and very profitable....

Then over 4 years watching revenue fall all the way back to 26 mil with a loss of 12 million....

THEN TURNING IT INTO A MARKET PLACE.....

Seriously how idiotic is this???

Management here have stopped talking about nastygal now though so all is good.... Yeh?

What an utter load of rubbish.

Of course there's no doubt in your mind - it's been polluted with sewage that has warped your sense of reality. You're completely delusional.

Boo's main strengths:

1) A strong stable of brands

I don't think you can really say this when youth brands revenue is falling at 17 to 21 percent annually, and has actually accelerated. Plus look at what they have done to nastygal - absolutely dead.

2) Marketplace at Debs - this has the potential to be huge

Debenahams peak revenue was once 2.3 billion - that with online and stores in a less competitive market, even if they could build it to that same level of gmv now we would only see 800 million of that on our balance sheet.

3) Optionality with bricks and mortar licensing

Asos has more opportunity to do this, for all the talk management here have done regarding this angle, they have achieved zero.

4) Stronger balance sheet

I don't believe boohoo is in a stronger position at all, boohoo is getting worse daily.

"I hope they will publish before the end of this month LD, but they don't have to. Six months from the end of the financial year is the end of August."

Still pretending there's not a delay I see.

Also if there are votes of say over 40 percent tp out Kamani for instance, the current chairman will need to look at the situation very carefully and may need to make decision before the whole board blows up...

Ld - if over 50 percent of votes cast are for a board member to no be elected, then they are sacked...

If a lot of private holders dont vote then frasers votes become stronger to oust the clowns.

Are people seeing asos as more credible, with a longer track record? Seems kike it.

You watch, this will sink to all time lows before results then 12p on results.... All sold under stormin results by the clown show

So desperate to try and make out Dan is running the show..... Sadly it couldn't be further from the truth.... And the truth will out eventually....

I tend the think the business hasn't turned around as Morana had hoped and he is therefore departing - we know for a fact it hasn't turned around....

The high executive turn around here is far for likely from an over bearing Kamani klan.... Which will soon be over unless investors really are thick enough to keep kamani onnthe board.... You would have to be stupidly thick.