Member Info for therealelogo

All of its stores!!

….all 7 of them 😂

and its just merging them with another of its brands. would say this says more about the cost of rental property than retail tbh. but yeah sure, doom and gloom…

Debs makes a profit, which it didnt last year.

debs sales more than halved from previous year.

sales are down, profit is up. getting shot of unprofitable customers is a good thing. if they could translate this across all thier brands we are in for a good time. they should ask the ceo of debs to take over the whole business rather than just debs…oh wait 😉

When youre a LTH you know 100% any rise like today will be a greater dip tomorrow. every single time

Im clearly missing something…slashed from 70p to 30p and the rating is “hold”, why is it not “sell” since thier forcast is below todays sp of 31p+ if my average was 32p and i reckoned it was going to fall to 30p id sell today at 31p.

what am i missing here??

“Mahmud Kamani has also agreed to waive his current salary in boohoo for the next 12 months”

too f******* right too, he has a huge amount to gain from the sp if he somehow manages to pull a turnaround off. that was unexpected but definately welcome news

Theres cases for both sides, but my vote would be for MA. every update in the last 3 years from current management has been “positive steps” “turnaround in progress” etc etc, and yet revenue AND profit continue to drop, wasted money, and bizzarely, huge incentive bonuses 😂. the only incentive they should need is the fact that if they get it right, there will still be a business in 10 years time.

MA, although he does have his own agendas, also has a proben track record he knows how to turnaround and grow a business properly. Kamanis have some dodgy goings on behind the scenes, tbh i dont entirely trust them either. I feel we will likely get shafted either way but at least we might still be able to get away with a slightly higher SP with MA

Https://www.financial-news.co.uk/hirestreet-and-asos-unveil-subscription-rental/

could be linked to this, news article dropped about the same time sp started moving. sounds positive imo, no idea how many would actually use such a service but clearly theres demand for it

Kinda had the same thought as parsnip tbh, MA wants debs, if he cant get it at a reasonable price or force his way in….lets say he makes an off thats headline grabbing but one he knows wont get accepted, 50p, 60p even upto £1 per share. offer goes in, sp shoots up on the back of it, it gets rejected, MA dumps his shares for a hell of a profit, and we are back to trusting kamani to have our interests in mind (and obv the sp tanks with MA’s dumping)

Come on mike, youre not going to get this confirmation from them and theyll sell off parts before you know it. buy BOO, sell the underperformers to shein, give the rest to frasers, and you keep debs for yourself, retire in the castle you always wanted. everybodys happy

“I am leaning towards MA to be a CEO, but if he bids say 50p as has been suggested here, even I'll tell him to shove it”

….if he bids 50p he can have my vote (far below my average) if it means this company has some chance of a turnaround, god knows the current management arent going to do it

….guess its going to get hostile then 😂. no way MA is letting this go peacefully

Analysts say its going lower, shorts say its not… crazy. so denial then spidey? 😂

What stage of denial is spidey in i wonder….holding on to his short position as the big boys are exiting theirs… like a sad little puppy backed into a corner, his only reaction is to snarl and yap at others.

guess it must be the anger stage…

They are a business, theyll release results when they are ready not when an investor expects them. they dont have to release them on the same day every year, they havent delayed or postponed anything, you just have wierd expectations that they will do them this week

Where are you getting that interims are out tomorrow? boo havent said that as far as i can see

No it does actually make sense tbf, but only if they sold everything. i dont know if i see the logic in selling thier profitable arms like debs just to be left with a few unprofitable ones though, other than having cash on hand. guess we will see, but i do think scb has a point but would be reliant on everything being sold

SCB, explain this please..

“A complete break up would see returns of 5 to 10 fold from here imo.”

why would that be the case? if it all got sold off, sure, theyd have money in the bank but no business left? why would it value them higher if they had sold all thier sales avenues?

….so theyve soent 2 years and god knows how many millions building this warehouse, and theyre abandoning it already?? this was supposed to be thier next day delivery route to market, they cant offer that from sheffield. ngl this has annoyed me, so much wasted time and money

“Positive press too across the board, one headline suggesting asos will “explode like the Rolls Royce share price””

dont get carried away, the article goes on to say no, it wont explode like RR.

good day for ASC holders, im not entirely convinced by the update, but definately heading in the right direction

It was forcast to increase.

core cpi and services inflation both decreased