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While we might not get a sales update this week I am hoping for takeover news . One huge vote of confidence in the fact that an offer has been agreed is there has been no institutional selling just small investors such as ourselves. Everyone is sitting still which to me is a very positive sign .

Shops are opening tomorrow and I think we are in for a very positive week .

50 / 85p offer hopefully by Friday , problem is when it comes none of us will see it , the price will just rocket out of the blue !

Of course it could be a deal has already been agreed and the results are basically meaningless.

ASOS have got a few quid !!!!!

Accounts will have been finalised, must be to give them more time for negotiations which is a very positive sign , if a deal was not possible they would walked away . Don’t forget they previously spent over a year reviewing strategic options .

Another move north today would be very positive, hopefully we can slowly get back to 28p before next Tuesday.
Only four more days left before we get an update. Trading last year will of course be totally irrelevant but what I am hoping for along with news progressing well on the sale is maybe news of licensing deals . Whatever happens with a sale I am convinced that is where the money is .
4 days and counting !

Just typical someone out there knows something, this sort of thing always leaks out .

George in the news today wanting to collaborate with brands , Tesco , M&S and Next everyone is brand crazy at the moment . It is probably the best time in a decade for FCUK to put themselves up for sale . Whoever does buy them has the opportunity to work with many big retailers, potential is huge and if you can buy them for 50/80 million there is money to be made .
Sitting on a substantial profit from Carclo, might have to sell a few as they have had a great run from 8p and buy another chunk of FC on Tuesday morning.

Great bounce last week, hopefully it points to an announcement on the 13th , makes you wonder with news of their incredible online sales whether Next might be making a move . The more I think about it FC could be worth considerably more than I thought.
Looking forward to a positive announcement on the 13th !

Unfortunately looks like we are heading down , not sure what if anything is going to stop this dropping further !

It’s working!!!!!!

Slightly concerned with the continuing price drop , always makes me worry that someone out there knows a sale is no longer on the cards . My shares will have to revert to a long term hold , still confident they can turn things around without a sale.

This is particularly good news to get someone of such high caliber on board, clothing sales are bouncing back strongly and FC is getting a lot of positive feedback in the US . Looking forward to the 13th !

Some people bought these at 80p yesterday!

Not a sausage, I would imagine we shall get an update on the 13th April with the results .

While I am confident a sale will go through it’s anyone’s guess as we have been here before multiple times. However now that most of the bricks and mortar liabilities are behind them they should get a decent offer as a pure play brand sale . With new management the brand could make millions in the future so should be worth 50/80p a share.

SCS have just reported record sales which bodes well for FC as they had mentioned their branded sofas were selling well at DFS .
This really shows the potential of the brand to promote a wider range of categories.
I feel the takeout price could be surprisingly higher !

There are a large number of share options outstanding for the Directors at 49p , so if you want to win them over that’s probably the magic price !!!

Yes from a business point the company is in a better position compared to last year , sales are obviously dreadful but we need to look at the world after lockdown.
Sales from the 12th will surge as everyone is looking forward to a world out of lockdown.
I noticed in the results that they mention they have new license agreements for the second half which sounds positive.
The share price for the next month is of no interest , my feeling is that it has settled down to 21p which was probably what Mike Ashley sold his stake at. The results are due early April which is when we should find out if they have been sold . If a sale is not forthcoming at 21million I am quite confident they could still grow the business . Continue to expand online , licensing and just hang on to the shops that still turn a profit . The FCUK logo is still a very well know brand and maybe could get a new lease of life in the future, retro is big business these days .

I have completely underestimated the valuation of the company , it appears they have no lease liabilities going forward which is a change from last year of £10 million.
Therefore any purchaser could close all the stores with very little cost , there would be redundancy costs and dilaps but no liabilities on rent etc

What French Connection has is brand that can be associated with a wide range of products, I do think people are going to be quite surprised at the potential take out price and what people are willing to pay .
If it was me I would expand across all categories from footwear to baby wear to jewellery.

Yes it has been a strange week , dropping 10% in the middle of the day but ending in the blue.

Almost like someone is trying to gather shares on the cheap for some event in the future !

The key to this situation is Stephen Marks , French Connection is his baby from creation to the present. It is a brand with huge potential that requires fresh management.
Marks has been trying to turn things around but time has caught up with him , at 75 he must realise that the time has come to throw in the towel and sell .It will happen just needs patience.
I was right about Carclo and I am convinced the valuation at 20 Million is a screaming buy.
My target is 43/49p with Next , ASOS and Go global looking to take the prize.