RE: Holder18 Feb 2024 15:42
Oh I'm bright okay, you're the one who isn't.
Firstly, you say you're not invested, yet you could have bought in at an all time low, and have already made a 100% profit and more.
Secondly, all you've done is ever comment on this company and slate it, weird that isn't it.
Thirdly, you clearly like to pick arguments with people over it as I am not the only one you started an argument against.
Fourthly, as previously discussed by myself and others, JD came back in at the back end of 2019, the pandemic struck early Feb 2020, and from then on, with lockdowns etc, all retailers with stores suffered tremendously. They still had rents to pay and staff to pay. Superdry was not alone with these issues, and a lot of retailers went to the wall, they have not done so, they've done a pretty good job and keeping their heads above water as far as is possible, so your gripes are baseless and unfounded.
Fifthly, they've started paring back measures, quite successfully if the interim results are anything to go by, so it would seem they have been taking the appropriate measures, and trying, at all costs, to avoid as many staff redundancies as they can.
Marks and Spencers are doing exactly the same right now, are you moaning about their strategies also? Thought not.
Lastly, will Dunkerton risk everything and take it back private, it will take a brave man to do so, but if he feels he can turn it around and re-establish it, then good on him. If he does decide to risk all and do it, then he will have to buy existing shareholders out, for what sum, isn't known, but its unlikely to be less than 79p. If he doesn't, and he goes down the CVA route on the advice of PWC then so be it, but I don't view Dunkerton as a 'failure' type of person, it's not in his psyche, if he thinks there is a chance of turning this around, I believe he will take the challenge and run with it. He's got a good few years left in him in business as yet, and a son to pass the business on to when Dnkerton is in his 70's and his son in his 20's, if he wants to follow in his dad's footsteps. I don't believe for one minute he wants to turn around to his family and say "I've failed", those words are not in his vocabulary as I see it.
I remain invested, it's nail biting, no doubt about it, but you either believe the guy or you don't, and I'm sticking with my investment. Why, on the other hand, you continue to pour out your negativity, when you also admit you are not invested, is beyond me.
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