Member Info for Toffers

A/C Designation :

11:55

Checked the trade note with HL, the first one went through at 11.55am yet it's not showing on here as yet, and they've gone past that time. So what other trades are missing?

Well done ATrades, I've just put a 4th through! :)

3 through to date yet mysteriously not being shown here as yet, and its over 20 mins since the first!

23/02/2024 27/02/2024 B71XXX9783 Superdry plc Ord GBP0.05

123 @ 35.624 35.624 123 -49.99

23/02/2024 27/02/2024 B71XXX6483 Superdry plc Ord GBP0.05

123 @ 35.6239 35.6239 123 -49.99

23/02/2024 27/02/2024 B71678XXX3 Superdry plc Ord GBP0.05

123 @ 35.6239 35.6239 123 -49.99

Putting them through as 123 shares purchased ;)

First small buy through to annoy them. Will keep going at 5 min intervals over the next hour or so :)

Munichmann, it's looking hopeful, I feel like putting through a wheelbarrow of small buys just to annoy the shorters :)

Went out for a couple of hours and the shorters are trying to take over the roost yet again, well, I take that as a good sign, and hoping for a good fry up courtesy of Julian :)

"Progress on turnaround programme designed to position Superdry for long-term success and which focuses on improving efficiency, driving simplification, and establishing a target operating model. Work to rightsize our operating cost base set to deliver in excess of £40m in savings this financial year, ahead of our initially stated target of £35m and with more than £20m achieved in H1, as we continue to prioritise driving forward our cost reduction agenda. HY 24 inventories of £130.9m, down 24.2% on the same period last year with FY 24 closing inventory projected to reach c.7m units, down from a peak of c.18.9m units at FY 19. Further action taken to support the balance sheet with funds received, post half-year end, from IP joint venture and disposal of assets in South Asian region for £28.3m, net of fees and taxes. Secondary lending facility agreed in August for up to £25m with Hilco Capital."

Just to note, Hilco were prepared to agree a lending facility for up to £25m last August, so if they were prepared to back the company with that amount, then I'm sure the other financiers looking at SuperDry will follow suit. imo.

Could you please explain how my profit is eroded, when I average 30p, having bought in from 15p-19p mainly but up to 38p?

Sorry guys, I need a new keyboard, must get around to it!

Steady rock, you might be reported by you know who! :) even though it's just your person view!

Not laughed so so much in ages, if you don't write comedy for a living, you should :)

Steward1, that is such a brilliant post, thank you, sums it all up very nicely indeed. Onwards and upwards for those of us who have faith of a good outcome here. JD, we're hanging on and waiting, we have the faith :):)

Munichmann, top of the morning to you. Late starting today, so second coffee coming up! Just deciding whether to throw a tiny bit more in 'come hell or high water'! :)

Filtered, as you suggested, please do the same, and please stop using that heading unless you issue an apology to Mr Dunkerton here.

Dean0 insists on peddling that other heading, so lets keep it light and without it. If he uses it again, then lets report as disruption because he has said himself, he is not invested! sorry guys, but they do this for a reason, and I'm not being aggressive, I'm very much invested, with over 600,000 shares and I've done enough research since early Feb to know that for me, the balance is tipped favourably towards Dunkerton being honourable here and not losing face to his community, family, and friends. If I'm proved to be wrong, then I can only blame myself for my own misjudgment.

Are you topping up early doors? :)

Should say local community

Dunkterton has made no announcement to say he is not going down the privatisation route.

As yet, no news remains good news.

Dunkerton stated last September in a press article that he was not in favour of cvas.

The company is still trading, it is not classed as 'distressed' because it is still trading. How many companies turn in a loss yet still continue to trade? If every company who turned in a loss entered a cva there would be no companies left!

A cva seriously impacts a business, it's creditors become nervous about trading with it, other potential clients think twice before committing, credit lines dry up, and credit ratings falls through the floor.

The company has been trading over 20 years, a lot of companies have gone through hard times during covid but are now beginning to turn around again.

Dunkerton has a personal wealth of over £400 mill, so he might well throw in some of his own money to show backing with other financiers in taking the company forward.

His own reputation is at stake here, and he has other businesses, which might be impacted if he messes this up.

As Munichmann has stated, and made a very valuable comment, he employs a lot of people, especially in his home area, and is well liked. He has done a lot for his local company, running the family cider business, his hotel chains etc.

Press articles over the years have indicated that the guy is not one for giving up, and failure simply isn't on his radar!

my musings.