Member Info for WarrenBJunior

Great to see so much interest, that’s five possible suitors, spotlight will be out because of this as they were probably hoping to buy it on the cheap.
While there maybe some short term pain I feel it bodes well for a much higher takeout price.
I am convinced one of the parties could be Will Aderley from Dunelm , bit of a coincidence that he has just raised £200million !

I see Duroc have confirmed they are out , that is quite an achievement for the price to sell 13% of the stock .
Should be positive for next week , maybe we will finally get a trading update.

Fingers crossed for a nice Sunday morning exclusive in the papers announcing a takeover!

I have just increased my potential takeout price , WA Capital which is the investment vehicle of Will Adderley the billionaire major owner of Dunelm has just sold £210 million of stock to expand his investments. Who knows but I think a range of French Connection branded homeware would be a fantastic investment, this guy knows how to make money !

After further research I feel that I have underestimated the potential valuation, the liabilities from store leases are fairly modest , we are looking at purchasing a jaded but quality brand that could be revived and create a substantial amount of revenue going forward. There are no long historical expensive leases such as Debenhams had , £5 billion, my takeout target could be considerably higher 65/95p.

They are talking about posting 400,000 lateral flow tests a day , it’s a staggering amount of tests that will need to be produced worldwide.

Boris announces mass testing plans for the uk , trading update might be even more positive than I thought.
Share price prediction could be too modest , the present valuation of the company at £18 million in no way reflects the potential of this company.

Throw in a super positive trading update with news of millions and millions of COVID test parts being manufactured, new agreements of medical devices and existing customer production getting back to normal plus bonds improving and its up up and away .

My target is £1 by May.

Great to see clothing shops will be open again before Easter , should help to put the price up .

Whatever happens sales will be massively up compared to last year , which should give the share price a boost!!!

Just been reading up on Gordon brothers , the acquisition of FCUK looks like a perfect fit for them , after buying Laura Ashley they are looking at expanding its wholesale market and pushing the licensing side of the business, they also purchased Antler luggage and plan to do the same .
Now Marks has finally decided to sell his shares at a reasonable price I don’t think anyone wants to miss this opportunity, Hilco arranged a 15 million loan back in July , part of that discussion must of included a potential sale in the future , that loan gives them a seat at the table.
Looking at Marks , he started the company back in 1972 , 2022 would have meant 50 years in the business , I think he probably was hoping to hold on till then , you know what these ex centric millionaires are like .
Anyway this is my last post on the matter because I am getting too obsessed this morning , good fun researching it though , I will sit back and wait for the fun and games to start which shouldn’t be long , these companies will have been reviewing this takeover for months so should see a bid next week , hopefully 45/55p.
GLA.

Looking at social media vehicles which is what this new world is all about .
Evans clothing sold for £25 million and has 125,000 followers on FB.
FCUK has 750,000 followers on FB.
Whoever buys them will be able to tap into 750,000 new customers at the push of a button.
50 p a share is not unreasonable
Like all these deals it’s not what’s happened in the past it’s what the potential revenue in the future.
What they are buying is 750,000 potential customers and a well established brand .

Debenhams were in administration with huge debts , for example their total lease liabilities to the end of their terms was £5 billion.
FCUK is a company which has ditched its bricks , anyone buying the brand can continue to sell clothes or license the brand for a fee .
As I said earlier they are already selling their ranges on numerous other websites even Next , who knows we have no idea who else is looking to put a bid in , maybe Next !!!
The main issue with this company over the last 5 years has been Marks who controls 42% did not want to sell or at least did not want to sell below a certain price.
For some reason maybe after realising the future is Boo and ASOS and time to walk away !

For information Nicole Farsi is a top designer but also Mark’s ex wife .

I have been looking into FCUK and I can understand why it has become a bid target as I had no idea how many sites were selling their clothes , ASOS , Sports Direct, Amazon and even Next to mention a few .

They mentioned in their last trading update that wholesales orders were strong they are not kidding , we should be looking at a take out price of well above 50p !!

100% profit in less than a month.

Spoke to one of my contacts in the retail world concerning Frasers about why they sold their shares and the general opinion was they were hoping to buy it on the cheap .
It is quite clear that it is going to sell for a lot more than what they were prepared to pay .
I now believe the dumping of their 25 % is now a very positive sign that a bid is coming at 40p plus .

Had no idea how new this investment vehicle was , bagging FCUK will be a huge move for the fund . Looks like a 50 million cash offer is on the table , needs to be at that level for Marks to part with his shares .

I don’t claim to be an expert in investing but I have been in retail for nearly forty years. We are in the middle of a land grab scenario in the clothing retail world . The main players such as frasers , Boo, Asos are jockeying for position and snapping up brands as who ever controls the most brands will be the winners.. Love it or hate it FCUK are still a considerable brand and do have a considerable following just look at who is stocking their merchandise. The only reason it has come into play is Marks (multi millionaire) has finally decided to sell probably due to the fact age is catching up with him and after the destruction of Covid has had enough . Therefore please forget any previous valuations as this brand has the potential to generate a considerable profit now it can morally ditch the bricks and mortar and just sell online.
100 million is not an excessive price , who knows ?...

I don’t know much about FC but have been enjoying following the fun and games but I am curious why Mike Ashley sold out so quickly, surely he could have waited , not as if he needs the cash ??

I presume the increase in regular testing using the lateral flow tests has been helped by Carclo in part manufacturing parts . Totally understand the Directors confidence and subsequent share buying as this is a company with a great future.

Looks like we are all set for a trading update next week , should be an interesting month!!!

I am absolutely amazed at the share price of this company , can someone at Vectura please just confirm that the cash is in the bank .
In fact I’m going to call them in the morning and ask for confirmation.
All that good news and yet we are heading south !!!!!!!!
Pp