Member Info for WarrenBJunior

Marks comment at the last results was forward wholesale orders were very very good , Macy’s has just announced record sales , shares surging overnight.
John Lewis, Next , David Jones in Australia all stock hundreds of lines .
Wholesale has in the past been valued at more than a £100 million for the company.
These are very exciting times , will we sell or not , I do feel if the company wasn’t going to it would have pulled out of talks by now plus Marks is now 74 with no obvious successor.
What will the price be , 50p maybe a lot more , whatever the price anyone buying in at 22p is going to make a substantial profit!!!

I have a feeling the end is very near indeed , just noticed Sarah Curren is now a Director of a newly formed company Casa di Moda along with Neil Williams all the other Directors now have other directorships.They are obviously all preparing to leave .

I will be disappointed if the takeout price is less than 50p !!

Fashion brands are doing deals all over the place , constant news stories about relationships with various retailers yet all is quiet at FC .
Could this be the calm before the storm , has there been a news leak ?

Hopefully they might be back with an offer ?

Totally agree, if they are not interested announce it and get on with the job of building this company back up , let’s see strategy, targets, sales figures, surely that is the job of a board of directors!!!!!!

Can someone please explain why we have a valuation of £18 million when Sweaty Betty has just changed hands for £300 million.
Just shows if someone is prepared to pay all that money for £70 million of sales what I wonder is French Connection actually worth !!!!
£100 million seems cheap ?

Unfortunately we will not be having a trading update before October, email from the company states it would be inappropriate while they are in a formal sale process.
Real shame when sales are booming, Next just updated the market with blowout figures and special dividends in the pipeline.
I appreciate there is no appetite for FC shares from the army of small investors still chasing genedrive and novacyt which is a shame because there is great potential in the share price .

I am a huge fan of Carclo but everyone beware I seen this scenario many times over the last 30 years !

Wholesale orders have been very strong , just looked at the David Jones site and they have over 400 lines listed on their site , many are new lines .

The share price is an absolute bargain .

They must have read your comments, got a reply after you posted . Next trading update will be released around October , so looks like we will have to be patient.

To be fair they haven’t released trading updates during previous AGMs.

I am quite content to sit this one out as I feel it will recover.

Retail Sales have just had a storming qtr , I know our clothing sales are hitting new records.

A trading update would be very much appreciated, I did email the company asking if we would get one at the AGM but failed to get a reply!

Not sure if that’s a good or bad sign.

Have gone very quiet ?

It is frustrating as the share price is going to continue to drift , however you can appreciate the connection Marks has with the company, at his age this isn’t about the money as he has plenty.
The big problem as I see it is the shops as I don’t think anyone would want to take them as far as a deal is concerned. Let’s face it the brand is worth way more than the present £18 million valuation of the company. Any purchaser knows that the brand is worth north of a £100 million, clothes , homeware , watches , perfume, sofas , luggage etc . The problem is Marks will have a loyalty to all the designers, sales assistants, warehouse, head office staff and that is very commendable . He will be trying to protect their futures.
Unfortunately in this new world he must surely know he cant carry on and trade as an independent company, the main players are all just too big . Not sure how this will eventually play out but it’s great fun to follow.

The company is very quiet ?? at the moment which could mean negotiations are progressing.

With all this talk of buyouts hopefully it might spur on Mr Marks to make a decision and finally sell his business, with all this spare cash about surely even he realises now is the best time to get on with it .Sales must be booming .

Looks like we will have to wait for the AGM to get an update of what is going to happen .
My gut feel is the offers are going to fall short of what Marks was expecting and he will try and build value by carrying on with their recovery plan .
I would be amazed if they are not trading well as every clothing retailer is reporting strong sales , so it might not be a bad thing. 12 months down the line shares should be higher so I intend to hold on whatever comes out of the AGM.

Topped up this morning, thought I better get in early before the investor presentation which might trigger institutional buying !!!!!

They know what’s in the pipeline?

Not sure if anyone else spotted FC have been victims of a information hack , what made me smile was the article described them as a Fashion Titan which is a stretch for a company with a £19 million valuation.
I wonder if the information they stole had details of any buyout on the horizon!!!!!!

While last years results are of no interest we will get an indication of the first quarter trading which to be fair will be very strong, I am expecting a considerable pop in the share price on Wednesday which should be the start of a very strong run up to £1.
These shares are very undervalued, the pension deficit is of no concern like all pension deficits it just needs to be managed , the real story is the increased demand going forward of medical products.