Member Info for tedmak

'Menswear is no longer deemed fashionable and the womenswear offer is too obvious. '

What are you basing this on? Not saying you are wrong but I don't get the term 'obvious' ( I am a guy, mind you).
In the last year the sales were up. They will presumably have been cutting back on HoF due to concern about their position and that will have impacted.

I sold out just above £16 but have been buying recently in smaller chunks. The movement is a bit odd but not on any great volumes. Is a concern.

A female relative of mine reckons all the bad publicity will have had younger women less inclined to shop at TB.
I did not think it would have that effect as the business is not eponymous.
Has anyone else had such anecdotal conversations?
I was quite optimistic as the winter period went pretty well, but was shocked by the results.
I got out at 1630 and think there is a lot going for the brand so looking to get back in.

Lord Adam
I have SLA in with two different brokers.
With one broker it looks like nothing has changed at all.
With another, they have performed the consolidation and have added a line for he B share equivalents.
Am expecting the cash to be credited to the accounts on 2nd November but the broker that has made no change to the way they are displayed had received no information from Standard Life.
Regardless as to the efficacy of the cash return, I think the communication has been diabolical.
I shouldn't have to use side spreadsheets to see what my real position is,

On a secondary note, I have no issue with the cash return in and of itself. If you want to maintain your holding at the same levels, just use the cash to buy back more shares. The continuing buyback is good also as it is being done at lower price levels, helping the EPS.

Invest2,
what you are saying is that the market today is trading, cum-rights, which would be hard to reconcile with the record date being 5pm today.
The share price on monday should be (8/7) times the price at COB today as we will have 7/8 of the number of shares.
The £1B reduction in the market cap should have been reflected in the share price on Thursday.

I think this is causing a lot of confusion and that is reflected in the fact that at 1:31 pm today, the company on RNS re-iterated the status on the consolidation.
When a company issues something during the trading day, plainly shareholders and possibly brokers have been getting in touch with them.
My broker, btw, still has not got back to me.

Not impressed as we shouldn't be having this kind of conversation.

Am a bit confused about this.

fo comparison purposes, on Monday the shares closed at 269p. Now they are 259p.
If the shares are trading ex-rights, it implies an all-in price of 293p (adding the 34p for the B shares), and the share price rising over the week.
That makes no sense to me (I may be wrong).
The website says the record date is 5pm today, but with dividends, the last trading date is two days before and the ex dividend date is one business day before. I don't see why they didnt publish an ex-rights price and I don't see any indication why, if I buy today, I would not recive the B share and be consolidated on Monday.
I have enquired with my broker but have not received a reply yet.

Any clarification would be greatly appreciated.

On top of all this, the one mitigating thing the company is doing is the buyback at these lower prices. Cannot say that I am thrilled otherwise.