Carpetright Share Discussion Threads

[gromit6] 22/1/2020 00:04

Deal all done then. Bad times 5p

[sbb1x] 16/1/2020 09:24

Just looked in 5p offer ffs

[skrr223] 31/12/2019 14:05

Im absolutely AMAZED that NO ONE has even tried to counter the 5p offer! Incredible! Although the hedge fund holds a blocking 30% vote so any rival bid needs their blessing first. They may have decided that its better to bid direct to the hedge fund after the £15m takeover completes, but thats very risky as they lose all external leverage /pressure applied on their behalf from existing shareholders and the court.

[bouleversee] 31/12/2019 13:23

Have I missed something? I thought the t/o offer from Meditor at 5p had been approved and we were just waiting for our miserable 5p p.s.

[butterflycollector] 31/12/2019 12:41

I hear the launch of the winter sale did not go well, also atmosphere in store is poor, (not surprising) but potential customers will see this and it deters them buying, the next 4 weeks could see the end in sight, (either way) but I don’t see Current structure surviving.

[skrr223] 30/12/2019 23:25

Does anyone see any chance of a late salvation for shareholders here??

[diku] 30/12/2019 22:30

Just imagine if joe punters stopped buying shares in AIM directly or via fundies...let the entire AIM collapse on its own accord...

[bouleversee] 30/12/2019 16:24

This one certainly is!

[albert3591] 30/12/2019 15:46

If I was wanting some carpet I wouldn’t be buying from carpetright,wouldn’t take the chance on losing my money.Who else is thinking the same I wonder.

[easwarareddy] 30/12/2019 13:38

Arcm news out

[meijiman] 30/12/2019 12:00

It is now time for a profile piece on the ceo in one of the broadsheets. It requires a large photo of him with an inane grin. It is to be titled..'Celebrating success'.

[skrr223] 30/12/2019 11:13

Are they no longer releasing H1 results??, this was due in mid-december. Shocking whats happened here. Received £60m shareholder cash in june 2018, and came back for £80m more a year and a half later, despite claiming to have achieved £19m in annual cost savings. Mind boggles as there is very little online competition and still making just shy of £400m annual revenues.

[diku] 30/12/2019 08:33

Is the Sale coming to an end eventually?...

[phil hennigan] 20/12/2019 12:58

Probably, have very little upside to any news coming out, big loan to pay in June 25 million....3 months to Xmas normally when they bank the cash but I will be surprised if it has upturned enough to avoid the inevitable .

[albert3591] 18/12/2019 15:55

Are these going to be 2020s 1st failure? The

[skrr223] 03/12/2019 22:55

All in my opinions of course, please do your own researches obviously

[skrr223] 03/12/2019 22:01

That boldly assumes the hedge fund will be the winning bidder in administration, given the recovery in the business thats a huge assumption. Many will be waiting to pick it up if it ever enters there.Administrators are required by law to market any company to likely interested parties before agreeing a sale.Plus the Hedge fund will only recover secured debts if it loses the bid to buy the business out of admin, any surplus from asset stripping goes to landlords,trade creditors, employee wages etc.. - it loses the £26m (interest has been rolled into the loan, not paid upfront as you said) and all its equity which is a lot

[butterflycollector] 03/12/2019 11:26

Meditor have taken the interest in the loans up front, If the assets of the company about cover the loans due, it would not surprise me if it does pull the plug

[skrr223] 30/11/2019 09:14

The winning bidder can appoint their own management.