Member Info for southcoastbather

How long before they drop reporting individual figures for the brands?

Won't be long until they give 1 revenue figure under the debenahams banner.... They will want to hide the fact its not growing since gifting it the labels revenue...

And why has Mahmud stood down as a director on all the companies house listings?? Something stinks about that.

How is it high risk?

You stated its a million to one it goes into administration.

You have also never pointed out a single failure by management although clain to be highly critical.

2 percent 😂😂😂😂... Up to your eyeballs!!

On the contrary, something tells me morana wouldn't bow to Kamanis requests and thats why he has chucked his ticket in.

The new cfo has never been a cfo let alone a listed company cfo, or a listed company cfo in major financial trouble.

Finley has never been a ceo of a listed company.

Something tells.me you will still be here sadly defending the Kamanis even when you're investment has been wiped out.

I remember all the cr@p you posted when Morana arrived here, you were spouting rubbish that he was here to help separate the company and ipo debenahams on its own... That didn't turn out did it.

Everyone is fed up of Mahmud and the kamanis, the market, shareholders.... Everyone except one poster here.

I said long ago they needed to get a respected city chap for the chairman and also one for the ceo role... People with proven track records.

It will never happen sadly, the company is infested with Kamaniites

Dont forget they inherited loads of staff with all the acquisitions, they kept them on thinking the company was going to boom... But it never...

For 3 years they have been telling us the business would flat line revenue wise or even return to growth.... But it hasn't worked and the company is lumbered with excess staff.

The propf of the pudding will be if they can stop the revenue decline and adjust all internal costs to make the business profitable... All before cash runs out.

Literally as I've been saying for a long while....

Staff costs are almost double what they have been....

Supposedly a more automated business as well...

It's killing the business and stinks of mismanagement... Is it purposeful...

Https://www.google.com/search?ie=UTF-8&client=ms-android-samsung-rvo1&source=android-browser&q=boohoo+staff+number+ballooning

The desperation is so blatant...

Of course its the numbers I've provided that are skewed....

Unless you are going to prove it wrong with factual numbers don't bother replying.

Staff costs and staff numbers have ballooned - that's a fact.

Won't be long until we see some very skewed numbers however.... I'm expecting further write downs in the full year results and losses of 280 million.

We can also add Umars undisclosed fee to this years wage bill.

I wonder if there are any other advisers fees we are paying that are undisclosed? If there vice chairs son can have an undisclosed fee then who else can?

Revenue £1,234 billion

Gross profit £666 million

Gross margin 54%

% Of revenue 10.2%

PBT £92.2 million

Net cash 240 million

Total staff 2619

Total wage cost £84,892 million

With last year revenue being 1.2 billion again, there is absolutely no need for the staff cost to be above 100 million now we are a more automated business - but you wait and see! it will be ballooning still. They seem to be struggling to grasp that there needs to be a major staff cull.

For reference -

2024 revenue £1.46 billion

Total staff 5079

Total wage 163.3 million

We are wasting 40 to 50 million on wages.

I was replying to reardon, not you, bully boy.

We have one cfo with track record, who is now leaving....... and one FD clown moving up from debenhams...

Only thing they have in common is none of them have ever bought a single share.

Imagine this years headline come June...

"Boohoo dives into debt as losses soar to £160m and sales slump. Boohoo has cut more than 1,000 jobs and dived into debt after its losses soared and sales slumped 13% amid heavy competition from the Chinese online seller Shein and the revival of the high street after the pandemic lockdowns.8 May 2024"..

I can see it now...

Losses leap to 280 million, revenue crashes to 1.2 billion while the board take fresh bonuses.... Oh hang on the ceo and cfo have already taken theirs....

Amazing to watch bf verbally attack people for answering a question...

My question earlier wasn't to you but you felt the need to pipe up and answer it - pretty much like you do on every single post. You just try to verbally beat people down in the hope they stop posting.

You are nothing but vile keyboard bully using multiple aliases to try and control a chat.

Have you not realised you are not in their club yet?....

Still picking up the phone daily listening to all the drivel no doubt.

Thats exactly what he did reardon!!

Invested personally in revb pre ipo, then when it sank after ipo he used Boohoo's money to buy shares hoping to prop the share price up....

Its all there in black and white....

As for this clown show buying it out of admin - they would be better concentrating on this steemin pile of you know what.

Wouldn't be at all surprised if Mahmud Kamani is selling his personal holding here....

Someone knows something... And they're dumping pre results....

Why should frasers need to be mentioning boohoo in their trading updates?

They shouldn't, because they are a hugely profitable business that made over half a billion pound in profit last year, they have a great history of shareholder returns.

Why should boohoo need to mention revb in their trading updates?

They should because this a loss making company on it's aris and shareholders need to know why we spent 30 million quid on an "investment" that's now worth less than 10 million - in fact its more likely worthless as they would be lucky to get 2p if they sold the lot today.

We effectively used money from an rcf to purchase shares in revb - so we are paying interest at an inflated price just to hold the shares

And this is just one in a string of bad investments...

Usdc....

London office...

Uk distribution centres....

Pretty little thing....

All the other failed labels we bought...

Nastgal...

All. Culminating in 700 million wasted away in 4 years and all we have to show is aloss making company the same size as it was 5 years ago, except 5 years ago it was profitable.

You see the difference between boohoo and frasers?

Mr angry deflector is full steam ahead today.

Rode this pony all the way down from 400p and aiming the anger at chat users instead of the klan.

Truth of the matter

When was the last time boohoo mentioned revb?

Still sat on out books at 30 million quid.... Whole company now worth less.