Member Info for southcoastbather

I'll tell you a big saving they could make

Just get the hell out of London, that fantasy hasn't worked and the London office isn't needed - it's dead money.

Can you imagine the manc office yesterday....

Fist bumps all round... Look at that sp! Boom!!

😂😂

"Exciting times ahead for Debenhams as a well known brand with significant goodwill. Market place umbrella and great platform for strengthening the Debenhams brand.

Great opportunities to improve supply chain, productivity, and drive commercial margins.

What’s not to like?"

At the risk of wasting my time due to you having filtered everyone except bf

Whats not to like is youth brands losing 250 million revenue while debenhams only grew 20 million (from last financial year)

Those numbers don't quite compute....

"to think this firm issued equity at over 300p to acquire Pretty Little Thing, yuk!'"

The most blatant fleecing ever seen on the market....

The company had approx 200 odd million in the bank, then they raised over 200 to "take advantage of opportunities"....

First thing they did?? Stuff 170 million of it in their own pockets via plt within a month.... It definitely wasn't pre meditated guv!!...

Cue bf will now start shouting "but the share price went up after" buying plt.....

Damn right it went up! It was pumped for all the institutions that took part in the placing to get out.... Thats the way the market works....

Recent placing here at 31p, share price jumps to 39p and those Americans that took partnig the placing sell out.... Then the sp hits record all time lows.

Placings are great for the city, the sell on 10pc profit and never look back.

The results are going to be an absolute car crash

250 plus million losses

If they mention current trading I'd bet on group revenue still declining 15 to 20 percent for March and April compared to last financial year for same period, of course plt will be dressed up as "look how well its going considering its a new product range" and we just need more time etc etc...

Debenhams I'd think is showing flat line revenue in real terms

Knowing the clown show they will dress all the numbers together going forward to try and hide the mess.

Shorters being shafted on a sp thats at record all time lows?

Id say the only shafting has been the prolonged 3 year falling share price.

Ahhh i remember

You came along with no knowledge of the company and started pumping it based on no nothing, I then pointed out that you shouldn't be advising people to buy or sell.

Hopefully nobody followed you on pfc at 30p.

I seem to remember you saying all similar stuff over at pfc - putting the house in at 25p etc etc

Where is pfc now...

Please provide the post where I told you or anyone else not to buy?

I've never suggested anyone should buy or sell.

I get the excitement..... But a breakout this is not!

A breakout would be taking out all recent resistance levels - this was 39p but a few months ago.

If it broke 40p then It could be considered a breakout.

How many times have we seen decent rises in the last 3 years, but ultimately ended up lower, and lower and lower, every time.

All this excitement today could end up @ 15p on results.

"Mahmud taking more of an active turnaround in the youth brands was explained via RNS. Once again, how it should be. He is no longer exec chairman is he southcoast."

You seem very up to date on all the rns history - could you point me to where it specifically says Mahmud is overseeing youth brands personally please ?

And also the rns which states his new position instead of executive chairman - what ever that is now.

You have started to explain a new structure that none of us or the market are privy to - so I'm asking who is doing what?

What I am also saying is that nothing has changed, the board is still doing the same thing just minus John Lyttle.

You seem to be insinuating that Mahmud is all of a sudden overseeing youth brands and has had nothing to do with the revenue collapsing by 50 percent over 3 years - are you really that stupid to think that?

Sj I agree.... Bf must be short here.

"Correct southcoast. It's so he can concentrate on the youth brands as has been communicated. The executive directors of the business are taking oversight of the subsidiaries, just as they should be"

Really?

So who is doing what then?

What is Umars official role?

What happened to the capital markets day?

Fyi He seems to have resigned from both plt and boohoo - I believe they are youth brands.

I really shouldn't be able to laugh at this company but those words of wisdom just killed me off😂😂

Anything to focus on rather than the last 3 years of dying revenue and gruesome losses....

There's a reason Mahmud has resigned... If there was no reason then he wouldn't have bothered.

Is nobody finding it a little bit strange that Mahmud has stood down of his own accord?

After spending all that money courting investors with rubbish for months to keep his seat he just steps down as a director?

One of few things are going to happen or all will happen....

1 - They (Kamanis) try and take the company or parts for a pittance.

2 - Absolute stinker results are coming and Mahmud is protecting himself from being ousted by another vote instigated by Mike...

3 - The company is going to the wall and Mahmud would have to step back and let an administrator take over anyway... So he has made the first move...

Something isn't right regardless.

Hmmm seems to coincide with date the "agreements" he made ending....

Where he said he wouldn't make any offers for any part of the business....

Something snakey going on here for sure..

Surely there should be a requirement for an rns with a director standing down...

Perhaps bf can message and ask...

Kach - where have Mahmud and Carol been terminated from?

Some posters in this chat need the same treatment as in the 2 links below..... Open them eyes for real.

https://www.google.com/search?ie=UTF-8&client=ms-android-samsung-rvo1&source=android-browser&q=film+where+he+holds+her+eyes+open#imgrc=-2POtiKIncGLnM&imgdii=jNQIHFHQipJeiM

https://www.google.com/search?ie=UTF-8&client=ms-android-samsung-rvo1&source=android-browser&q=film+where+he+holds+her+eyes+open#imgrc=aJ87xONjCJm5oM&imgdii=UDpqrOpPVRCEyM