Member Info for southcoastbather

"I wonder if any of the keyboard heroes would fancy joining"

I didn't see you at last years??

Obviously finally seeing the company is in big trouble and you want to question management.... I must admit I wouldn't bother for 2 percent if it were me.

Who is to blame for revb by the way??

This lot of clowns have nobody to blame over at revb... When they took over it was growing, then the minute they take over it loses a quarter of its revenue within a year....

I probably won't be attending the agm - I'm not sure I can face a rerun of watching the clown show come strutting into the office like they've smashed it out of the park....

John hung on because they still.had the bonus carrot hanging in front of him.... I genuinely believe John has been stitched up here... He's been a mask for this complete failure.

There is absolutely no way John was the force behind the usdc and buying the London office

You think it was him that rushed the plt purchase early? That was all Kamanis doing as they knew the margin was about to.be smashed by the slave scandal

Bob holt of revb at the time warned boohoo to keep their eyes on their own problems, and also stated that boohoo were using the revb fiasco as a means of taking investors eyes off their own poor figures..... Figures which are now A LOT WORSE.

"Remember we are now a new company with rebase of everything as new including results dates and financial calender. we are not boo anymore we are debs now.".

I can guess who has told you that pack of lies - we have a new ticker and that's it.... Everything else is the same.... It's beyond ludicrous the lies they spout!

Jesus!!

"John Lyttle placed to destroy from within" - you know all his decisions were backed by the board inc Mahmud and Carol yeh? (go and watch some presentations of the results and you will see who was running the show and it wasn't John)

The only thing the Kamanis give cash to is their own bank accounts.

Are you suggesting that every private shareholder shouldn't be disgruntled?

You're trying to defend something that has no defence - they knackered this company not us!

Funny because for all mr 2 percent says, I didn't see him at last years agm?

I didn't see cooler there either.

Let me tell you something - John was not running this show - I was told this to my face at the agm....

The total failure here sits in Mahmuds lap..

By the way I notice M&s have released positive numbers for clothing sales.... UNDER JOHN LYTTLE...

I've given that comment a tick fran - it's absolutely spot on.

How many idiots will make the same mistake and vote for re-election at the upcoming agm?

The words to describe such idiocy can't be posted on this forum.

Cooler I get the feeling you are having your ears filled with the pumped up rubbish by the board.

Do yourself a favour and ignore it, go and read the last 3 years or results - that's where the truth is.

Delayed results are not acceptable - they begged you all for votes and promised good communication... then turned their back on you and watched you get beat up (by the share price)

This bunch of clowns don't really have an excuse for doing business with high interest rate high risk lenders now....

To the people that say "you don't want frasers involved here".... Just take a look at what the current board have done ffs.

How convenient....

Sit the debt at group level yet sit the profit individually....

About as stupid as it comes.

Im still interested to hear how debs is debt free?

The group had no debt before is bought debenhams so a fair attributable amount of the debt would be at least 1/5th of the group debt (quite possiblly more given it was the least established part of the business when debt was taken oso probably used more of the money)

Everything is shared across the group, logistics, staff etc etc and so should the debt be.

It also owes the group for all the gifted revenue via the labels

Plus the 12 million quid it lost in the first year or two.

Absolutely moronic to state debs has no debt - thick as mince.

"In the interim results, the Company intends to provide more details to shareholders of our core brands. The Board expects that the ongoing review of options will take several months, and the Board will update shareholders with full transparency at the appropriate times.

The Board remains committed to open and transparent engagement with all of its shareholders, including Frasers and that it is fully aware of, and is continuing to act in accordance with, its duties. The Board is also committed to ensuring it takes the right steps to drive the Group in the interest of all shareholders and not just Frasers' self-interest."

Getting on for 9 months to do a business review to unlock shareholder value.... Meanwhile the sp is down nearly 50 percent and no sign of a strategic review....

"Rough read at the best of times on here regardless!"

Try reading the accounts and trading updates for the last 3 years.... That's real rough reading.

Debs is cash generative?

Lets just forget all the losses it made since we bought it

Lets just forget how much money the group pumped into

Lets just forget that its part.of a group that's losing 250 million

To believe that debs has no debt and has been self sufficient is so dumb it's unbelievable.

"Quite simple LD, somewhere between 5 to 10 times forward looking revenue"

Quite simply lunacy figures.

And I'm also telling you the loss for last year alone is about to match the company mcap.... When they eventually release the delayed results...

All this cr@p about debs being worth more than the whole company is complete Kamani fantasy and you're a fool for believing it.

Biggest fool on lse and you deserve to lose the lot here.

The laughing stock of lse is here for Debenhams eh?

You owned this junk 5 years before they bought debenhams.... Thats some serious foresight lad!...

Heres a fact - the whole group is worth 285 million right now.

Debenhams contributes less than a 5th of the group revenue - a fair assumption is that Debs is worth one 5th of the mcap.

*refinancing problems sounds likely....

They're tapping the high interest, high risk market apparently....

I'm sure they have enough wealth to help but are choosing not to.... Its a dead cert though... 200p this year... Apparently. ..

"I'd be embarrassed if the share price was still 35p in a years time at the next agm" MK

I think Ld is right....

They know they have lost control....

At the agm a Kamani is a gonner and quite possibly Carol too....