Woolworths Share Discussion Threads

[scotty tsquared] 27/2/2009 08:56

andrewlewis, good information !

With that we could make a film .......... Woolworths - the movie.

Do you think 2Entertain would do the distribution ?
;-)

[davy99] 26/2/2009 14:56

Publishers & Bertrams M.D. confident of a sale-but not quite yet!

[westcoastrich] 25/2/2009 23:39

Just realised Deloittes are breaking the law as they havent got commercial EPCs for the properties they are marketing. It is illegal to market a property without one.

[davy99] 25/2/2009 08:59

andrewlewis-No further news seen.

Regarding administrators, I expect their operations will be looked into, but for Woolworths & many others it will be a case of shutting the stable door after the horses have bolted. Getting approx. 10%-20% of the value of a company seems to be the accepted thing.

[fazersix] 24/2/2009 18:05

westcoastrich - 24 Feb'09 - 17:51 - 5826 of 5826

LOL just picked myself off the mat.

[fazersix] 24/2/2009 17:45

westcoastrich - 24 Feb'09 - 17:28 - 5824 of 5824

Will creditors and shareholders get an invited to the christmas bash (probaby) !

[westcoastrich] 24/2/2009 17:28

they are presently trying to sell asbestos management reports to landlords for £250 plus vat
also entry to landlord own properties for £250 plus vat per hour
also lease surrender to landlords being charged for £1500 plus vat


and for the privelige of collecting this info, they charge a paltry £22,000 per hour

their aim is to ensure there is diddly squat for shareholders and more bumf for their xmas party

[fazersix] 24/2/2009 17:26

Davy 99 forgot to comment on the value you can buy the whole lot from deloittes delivered to your door for £150 plus vat lol!

Have you a better guess ha ha !

[fazersix] 24/2/2009 17:24

Davy 99

woolies assets

29 full bags of pick n mix
195 half full bags pick n mix
223,000 half eaten pick n mix off the shop floor
400,000 plastic carrier bags
815 managers leather swivel chairs
15 fork lift trucks
65 heavy duty lorries
59,000 warped cd's
1mill cassette's dvd's 8 track tapes
1 ironing board cover
1 bin of self tapping screws
1 further skip of light bulbs
millions of share certificate
99 upper management vehicle including ferrari and rollers
47 rolex watches ex directors
a further 49 skips full of bills from deloittes to be paid in 7 days
2000 skips full of creditors bills
another 20 skips of returns
100,000 till rolls
another skip full of out of date rolls
another skip full of staffs tea bags
300,000 reams of paper
27 buckets of coins swept up on the final day
799 woolies store signs
1 crate of toilet rolls
i bin of soap
2 mill light fittings
1200 over sink water heaters
And so on too many assets to list LOL !

[andrewlewis] 24/2/2009 16:39

Davy 99

I wonder if the authorities will crack down on the excess of the Administrators and make them more accountable. They certainly haven't gotten very far with the banks.

I still don't know what assets of WLW are still unsold and what they are worth?

Your views are greatly appreciated.

[bigface] 24/2/2009 09:10

What a system when people are living on the streets

[sl33py] 23/2/2009 12:15

Nice work,if you can get it.

[loganair] 23/2/2009 12:05

To show everyone what administrators get upto - roll-on Deloittes:

Courts collapse fills KPMG coffers:

KPMG charged £32 an hour for "work experience" staff and £600 an hour for qualified staff.

Courts' creditors will get as little as 4p for every £1 they are owed (£600k out of the £94m owed) while KPMG get their full £35m in fees.

+

KPMG coporate finance arm recieved £4.3m in fees.

+

KPMG transaction service recieved £211,985 in fees.

+

KPMG Grand Cayman office recieved £459,165 in fees.

+

KPMG Malaysia got a futher £18,280

And the best part is still to come:

KPMG has refused to comment on the £289,316 of expenses covering Business class flights, subsistance and telephone bills.

[loganair] 22/2/2009 18:56

f6 - "That puts shareholder at the bottom of the dustbin we are completely trashed !"

I didn't know we're that high-up!!!

[fazersix] 22/2/2009 18:53

westcoastrich - 22 Feb'09 - 16:03 - 5815 of 5815

That puts shareholder at the bottom of the dustbin we are completely trashed !

[fazersix] 22/2/2009 15:21

18 February 09 :-

LONDON (Dow Jones)--U.K. confectionary retailer Thorntons PLC (THT.LN) Wednesday said it is confident of replacing the business it has lost from the collapse of Woolworths PLC (WLW.LN), which in fiscal 2008 generated GBP4.6 million in sales for the company.

In a conference call with journalists, Thorntons Chief Executive Mike Davies also said he thinks the company is now attracting former Woolworths shoppers.

He said: "It is never good to lose a customer but we think there are opportunities for us to pick it (business) up elsewhere."

He pointed out that despite the loss of Woolworths as a customer, first-half commercial sales still managed to grow 8.9% to GBP32.4 million.

Davies said: "Woolworths creates a number of different sources of opportunity.

"We have a large number of stores in the same high streets as former Woolworths stores, so customers that would have gone to Woolworths are now coming to us and we think it is a good opportunity to pick up business in our own stores."

[fazersix] 21/2/2009 21:32

Scotty Tsquared - 21 Feb'09 - 21:01 - 5812 of 5812

Strange situation when woolworth.co.uk still trades with new ouners selling pick n mix online.

Someone has more money than -----

Wonder if Tony Page will sell pick n mix mix in his ex woolies stores under their new brand name i guess WELWORTHS !!

My guess he will ?

[fazersix] 21/2/2009 15:58

Wenlynn - 21 Feb'09 - 15:09 - 5809 of 5809


Could have sold you some share certificates for less than that, you should have rang me first.

[wenlynn] 21/2/2009 15:09

I've just bought the last Pick'n'Mix on ebay for £14,500.
Delicious !