French Connection Share Discussion Threads

[loobrush] 02/2/2017 13:39

from iii
Beginning to look very interesting here as Mike Ashley takes a 10% stake which adds to the
, US hedge fund Gatemore Capital Management stake, which owns 8 per cent of the share capital, is becoming active and has been pressurising 70-year old founder and 41.7 per cent shareholder Stephen Marks to relinquish his dual role as chairman and chief executive.. WA Capital, the investment vehicle of 44-year-old Will Adderley, former chief executive and current deputy chairman of homewares retailer Dunelm (DNLM), has built up a 8 per cent stake since the start of this year and has yet to outline its intentions.
So thats at least 26% in stakes held by those who want a change here-which could mean a bid coming soon.
Have bought a chunk-lets see what comes out of this!

[opodio] 02/2/2017 13:34

£15m cash i like

[mreasygoing] 02/2/2017 11:58

The same Mike Ashley who bought DEB shares in the mid 60's.

[she-ra] 02/2/2017 11:58

Ashley may not make a bid but it could draw out potential predators.

[mreasygoing] 02/2/2017 11:57

I thought you hated Marks after you lost a packet on fccn before. Bit hypocritical buying back in. Some of us have long memories.

[geheimnis2] 02/2/2017 11:57

Somethings up?

[mreasygoing] 02/2/2017 11:55

Thanks for the info cr

[smicker] 02/2/2017 11:32

Does buying them via CFD rather than outright indicate anything re a bid?

[she-ra] 02/2/2017 11:28

I hope he makes a bid soon.

[gbenson1] 02/2/2017 11:26

Yeah CFDs just like he has done with Debenhams, it hasn't done them much good.

[srpactive] 02/2/2017 11:25

Sports Direct 11% holding, if I read it right.

dyor

[srpactive] 02/2/2017 11:22

Sports Direct 11% holding.

dyor

[connor23] 02/2/2017 09:13

Rumour on the SPD BB...

[gbenson1] 02/2/2017 08:50

Has this been suspended this morning, quite a few trades early on and now nothing? Can't even post on main BB...

[irishlass2] 01/2/2017 22:25

Mreasygoing, would you be a buyer at this price?

[mreasygoing] 01/2/2017 20:24

Homoerotic sense. Sweetheart.

[she-ra] 01/2/2017 20:16

mreasygoing - That makes no sense. What do you mean?

[mreasygoing] 01/2/2017 20:08

Spot on she_ra. Marks is a giver and he is a receiver.

[she-ra] 01/2/2017 20:04

I think the city mafia have been at work here. Expectations for a bid price have been intentionally massaged downwards in the media (Rutland story as well stories of Armageddon)and on message boards. I saw it with Poundland and Bwin Party before a bid arrived.

What I would like to know is, who is behind it all?

[srpactive] 01/2/2017 18:41

I am the one and only active.