Member Info for The.Crowman

It has reminded me of HMV for around six months.

Still do not think it is - but hell the sp is saying its exactly the same.

There will be no investigation - get real.

No rate reviews either.

This is the UK - Casino capitalism.

Simples.

Well one thing is for sure we cannot go on many more days before we hit zero at this rate.

Will add (again) at the next price point - starts with a 4

Folk - myself included have been thinking that for the last six months - against any metric other than bust DEB is absurdly cheap.

£2.9bln T/O retailer, trading profitably and with a raft of cost saving options and the reluctant availability of a significant asset sale (Magasin) is now valued at less than one years profits and only twice the divvy payout from last year.

Me too.

I wondered whether (genuinely) Bucher had bought to show he was part of the pain - knowing there would be no gain.

I discounted that and still hold the view that it was a positive statement.

Will we see others pitching in now we are at 5p?

Already down 10% and its only just past 9.00am.

My top up at 7.6p looks dubious - I recall the proud announcements from others at the time.

Can we all have got this so wrong including Bucher only last week?

It is looking increasingly likely.

Without a positive RNS I think we will see 5p today.

It is possible we will see sub 5p next week - the market effectively calling DEB's as bust (not necesarilly correctly BTW).

I am not adding now until we see a turning point or 4p odd.

Connaught.

Pretty much the same as CLLN - a massive screw up by British management. I expect they are still part of business degree courses on how not to manage a company.

Again DEB's is hardly the same. It is also now so low against even distressed peers as to defy reason.

It was pretty obvious from a long way out 50p plus that CLLN was bust - that it was so spectacularly bust was the only surprise.

DEB's is solvent etc etc

Not the same except for the sp.

Not since HIBU can I recall a share that has travelled in this way - endlessly downward.

As if those in the know, know.

Auson

Agreed - a lot of 'fake' news surrounds DEB's written in part by those with an agenda that does not simply extend to click bait page hits.

DEB's have addressed these points and as has been said below the Xmas trading will direct travel either to better times (three year time frame) or a CVA - three month window.

What an investment for what looked like an entirely supported divvy only 18 months ago.

Auson

"Can't help noticing you only joined LSE just over one month ago and ONLY post on DEB hmm interesting."

Not really - I have or had a rule to ignore BB's completely - they pollute the mind with rampers and bashers. I broke that rule to engage on here. It is mostly reasonably well thought through posts - maybe it was cathartic for me.

This share is not though.

Probably ruinous. I expect us to go below 6p this week without some kind of positive - I will add at that point.

I stupidly still feel this will come through for all the reasons I bought in the first place. I want to see a profit on the lower shar buys even if the majority never make that point.

Indeed - worked sells, late reported sells/buys all in the end tell us nothing.

Auson is still reading the Buy/Sell ticker (along with a fair few others) as the real story. Jeez this would be easy if it were that simple.

Sadly it isn't and the SP is down 20% in two days and 80% down on the year.

When I popped out earlier I did think they might have been director purchases. Cheshire and Sergio have bought at similar times in the past.

I am expecting at least Cheshire to buy here and Sergio to take more either now or shortly. That he has done so only last week and still the sp falls should make it personal.

Beyond that guesswork I am past reasoning here - FOBT would have been less wasteful.

Again the press will pick up on this and give further ammunition to drive the sp lower.

I am anticipating 5p a share to be reached this week and unless DEB's is going to the wall that I predict will be the lowest it can be taken.

I will 'top up' again if we get there - as if I do not own enough already. Its only money.

Auson you are clearly the Dunce here.

Masses of small investors are hoovering up shares that they never thought they could buy at sub 10p - happens everytime a share crashes - an example Marconi went from being overwhelmingly II held to almost entirely PI's in the space of 6 months.

An II is selling out at a huge loss here and the MM's are creating a market by drawing in buyers who like me ( I added yesterday) find their buy underwater the following day.

This has been going on for the past 11 months now. Take a look at the graph for help.

The only glimmer here for longs is II get it wrong - TCG got sold down to 8p six years ago almost exactly - then went to £1.80 plus within 18 months. THT did the same.

On the downside HMV and Game - both biggish T/O retailers went bust at the same time - HMV being similar to DEB's in that it paid a dividend almost to the end.

To think it was only in July I had £3k from DEB's which I spent on shares at around 16p.

To my mind the short sellers at this level are pretty much stating they expect DEB's to go under if they have not seen the sell off over the past two days as a golden (contrived?) opportunity to reduce.

The Odey / MA / Liberium short connivance is slightly difficult to predict - less so the others. Given as of tonight the whole shebang is worth £80m plus £320 in debt less assets/stock and with only 6.7p to zero we will either get to near zero or rebound back into the teens on a positive trading statement.

Lets hope its the latter.

Auson - think about what you just wrote.

The level of basic understanding here is sometimes staggering.

Clue: If and its only an if, the shorters are inside (I have long suspected they are well sourced - big accounts dept at DEB' s easy enough) and they are aware that disaster is impending then why would they not short the company?

They get out at zero if DEB's goes under.

I do not think this a short just an II's selling. Not that that is any better.

Apple - I would be embarrassed writing the dribble you have here over the past few weeks.

Truly.

I would assume an II's is selling out / down.

Whether we see this at the end of today or not will shortly become clear.

Calling the bottom here looks to be impossible (if you discount 0p which I am not entirely) - I had thought Sergio's purchase would stabilise things at 8-10p. Wrong again.

Almost punch drunk over this share, will add a few thousand more if we go ever lower.