Member Info for southcoastbather

Ld - Mahmud and Carol have resigned from all uk companies listed on companies house, plt... Boohoo... Debs... Etc etc...

Why would they do this after all these years??

I know they are still listed in jersey but why resign here in the uk??

And the fact that Mahmud and Carol have resigned from all uk listed companies on companies house....

Don't believe that cr@p that this was done for good governance and to let Dan the clown take over....

They're making sneaky moves.

Mahmud said he's getting it all back and it will be 200p this year..... You would have to pretty thick to believe that though.

"I reiterate the commitment I made on my appointment to working to unlock significant value for all shareholders. We are taking decisive steps to deliver on this promise and will continue to do so during the coming months as I begin replicating the success I achieved at Debenhams."

Statement by Dan the clown in nov last year..... Not a peep since..... Charlatans.

"With a decade of experience under his belt at one of the UK’s fastest growing retailers, Tom’s appointment will further bolster Foot Anstey’s established retail and consumer offering in Manchester and across the North of England."

Fastest growing eh....

They forgot to say...

Fastest declining sales/revenue

Fastest growing losses

Fastest spending of cash

Fastest to destroy a good company

Burberry hit problems earlier this year and the sp halved, they sacked the ceo immediately and replaced with a suitable candidate to turn the business around... The sp has now recovered all its losses....

Problem here is we still have the lingering problem.... The elephant in the room....

They filled every rns with what you wanted to hear to make you vote for them..... You had to be thick to fall for it....

No silence... You've been done.

18TH OCT

"The Board believes that the Group remains fundamentally undervalued following the developments of recent years, which have created a business with five core brands, addressing a diverse global customer base:

The Board strongly believes there is potential to unlock shareholder value and is exploring options to deliver on this.

The Board remains committed to open and transparent engagement with all of its stakeholders and will communicate further as appropriate."

25TH OCT

"The Board is focused on ensuring it takes the right steps to drive boohoo Group in the interest of all shareholders. As announced on 18 October 2024, it is proactively reviewing options for each division to unlock and maximise shareholder value for all shareholders."

1ST NOV

"I will dedicate myself totally to working with my colleagues to unlock significant value for all shareholders."

7TH NOV

"The Company announced on 18 October 2024 that it had commenced a process to unlock and maximise shareholder value through a review of options for the Group's main divisions. The Group is only at the start of the process of determining what options maximise value for all shareholders and will maintain high standards of corporate governance as it undertakes this process. The Board believes that boohoo is fundamentally undervalued and that this process is the best way to serve all shareholders."

ALSO 7TH NOV WHAT A JOKE!!!!!

"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."

13TH NOV CIRCULAR RNS

"I reiterate the commitment I made on my appointment to working to unlock significant value for all shareholders. We are taking decisive steps to deliver on this promise and will continue to do so during the coming months as I begin replicating the success I achieved at Debenhams. We have outlined in the circular posted today why the proposals from Frasers are not in the best interests of all shareholders, and we look forward to receiving shareholder support and maximising value for all shareholders as we move forward."

13TH NOV RESUTS RNS

"I believe that the Group remains fundamentally undervalued. We have a significant opportunity to create substantial value for all shareholders through our 5 core brands."

13TH NOV PLACING RNS

·" provide additional strategic flexibility to maximise value for all shareholders as part of the Group's Business Review."

EVERY RNS FULL OF ABSOLUTE LIES AND

Well a turn around wasn't what shareholders were promised now was it....

They were promised a strategic review including brands sales to extract shareholder value...

They only stated this in 13 rns's in a row....

Even a complete business break up was touted to return shareholder value...

All on the basis that management told them the company was massively undervalued when the sp was 38p.... Now 20p....

Wheres the review?

Where's the corporate structure changes?

Where's the shareholder value?

All we have seen is that clown Dan popping up here there and everywhere while the business and shareholder value is dying.

Its quite amazing really to watch everything these clowns pumped money into...

How much have they pumped into debenhams in total?? I'd bet its close to 150 million including the purchase and its now making "5 million" profit after 4 years ffs.

Although if you're really honest with yourself you could say all the acquisitions have cost us nearer to 5 BILLION having wiped 500 million out of our cash and 4.5 billion off the mcap

Thats the reality of what Mahmud has done here.

I really hope there is an investigation to expose all the corrupt behaviour, with shell companies and family payments and all the advisers allowing it to happen.

Ha ha doorman😂😂 got his rusty sherifs badge out....

Showing their true colours here!!

Corner shop market traders that got lucky.....

Must be near insolvent now anyway - maybe thats what they are doing.... Driving it to the point where the company is insolvent.

We may not even see an agm at this rate

The fund managers will be getting daily calls from the company.... Can you imagine what they say in private if they are will to lie to the market about capital market days

I bet bf is reporting my posts every day from multiple accounts trying to get the truth removed....

Fed - I wouldn't be surprised to see Dan leave if I'm honest.... Imagine this being your first role as a ceo of a listed company only to be under the influence of a control freak.

Kamani has got to go now.....

We have to vote him off.

Fed

How does a 12 percent shareholder get away with this

How does a nomad get away with this

How does a remuneration committee get away with this

How does an auditor get away woth this

There's a lot of people getting away with a lot of things here....

Https://news.sky.com/story/new-look-lines-up-bankers-to-fashion-high-street-exit-13385897

"New Look is to hire investment bankers to undertake a strategic review which is expected to trigger an auction of the high street fashion chain."

Notably using outside people for the review....

What idiots are running our review? Oh yes the sme ones that have destroyed the business and a clown with zero experience.

Https://www-thisismoney-co-uk.cdn.ampproject.org/v/s/www.thisismoney.co.uk/money/comment/article-8773579/amp/ALEX-BRUMMER-Boohoo-scandal-shows-profits-triumph-governance.html?amp_js_v=0.1&usqp=mq331AQIUAKwASCAAgM%3D#

Oh its only direct from the levitt report itself.... Nothing to worry about jezzer.....

"Many of the criticisms of Boohoo's governance and over-powering chairman, interwoven company and personal interests"

Inter family interests above all else.....

This could go bang in spectacular style soon...

Kamani covertly owned the suppliers.....

Suppliers that increased their prices so much that we now make stupendous losses....

I bet the suppliers are making a stupendous profit now 😉

"As the report notes, Kamani 'covertly owns or controls many of the factories [in Leicester] through a complex web of directorships.

Further, the chairman has a social and family relationship with Witness 98 and their family, who own Morefray Limited and Revolution Clothing Co Limited, the two companies at the centre of the media allegations in early July 2020'.

Indeed, anyone reading the report and could not be unaware of rickety governance. Inter-company transactions, such as the purchase of his son's firm Pretty Little Thing in May 2020 and post-event adjustment to profit and loss to recognise such transactions, have been commonplace."