Carpetright Share Discussion Threads

[ridgway90] 31/10/2019 14:28

You think it will spike like TCG did before it closed its doors ??

[butterflycollector] 31/10/2019 14:15

MEDITOR are major Debtor, buy the Company then asset strip, recoup its debt then close, that’s how these things work, it will look to sell off Europe arm, sell properties it owns, then any stock sitting, get it not shops and punt for whatever, (or sell cheap to a rival), wouldn’t be surprised if “The Lord”, bids for properties. Fire sale leading up to X-Mas, very much a “Buyer beware” proposition now

[ridgway90] 31/10/2019 12:45

https://www.furniturenews.net/news/articles/2019/10/2115695839-carpetright-and-furniture-village-roll-out-concessions

[tomboyb] 31/10/2019 11:23

Regardless Meditor are in the driving seat and cannot see anyone else bidding ( well, they may do?) -

Meditor own the debt -

[only who?] 31/10/2019 11:17

One of those deals where fake news emerges of another interested party, causing brief spike up before inevitable fresh collapse?

[butterflycollector] 31/10/2019 10:52

MEDITOR are in to the tune of £80 million, they have taken circa £30 million back in payments, Carpetright assets circa £90 mill
If the buyout at 4.5p and asset strip, they could return a further £20-25 million profit, why gamble on Brexit if & buts? A profit could be made and I’d bet on that

[warranty] 31/10/2019 10:12

Nice to see that at least Soros will take a bath with his shares when the takeover goes through.

[loganair] 31/10/2019 10:09

He who owns the debt, owns the company - as the saying goes.

[phil hennigan] 31/10/2019 10:02

And goodnight...not like you weren't all aware of some of the nonsense going on here,sooner it's gone the better.

[ridgway90] 31/10/2019 10:00

Why would someone buy a company if there were going bust, obviously meditor see a future otherwise they wouldn't of bought the company's debts, soMeditor buy the rest of the company they would be debt free and they can rebuild onto that...

[spob] 31/10/2019 09:58

market cap now 14m

The market cap here was almost ONE BILLION POUNDS a few years ago

[spob] 31/10/2019 09:50

American Institutionals couldn't buy enough of it

even Bill Gates had some in his fund


Price now 5p

LOL

Boom and Bust


Ocado - take note

[ridgway90] 31/10/2019 09:42

Surely the way I see it meditor own the company's debts ,they buy the company out, they'll be debt free ? ????? which is surely a good thing ? Or am I just beeing stupid and looking at it wrong

[mattcookson] 31/10/2019 09:35

So, if Meditor makes an offer at 5p and it’s accepted by majority of the shareholders, does that mean my holding here will automatically be sold to Meditor at 5p?

[bookbroker] 31/10/2019 08:54

Tough on staff who have contributed part of salary to share options, the staff all seem to be ageing men with large beer guts, seems stereotypical of personnel in CPR, Bensons for Beds and other big box furniture brands. Good for moving products around, have a bit of grunt!

[tomboyb] 31/10/2019 08:48

I can't Meditor coming out of this positively -

Personally they look stuck to me -

[only who?] 31/10/2019 08:36

Still deluded: If this is performing well I'd hate to see CPR performing badly.

<< The Board believes that Carpetright is performing well despite the challenging economic backdrop and intense sector competition. >>

[clocktower] 31/10/2019 08:32

5p is generous if ever they do make an offer imo.

[albert3591] 31/10/2019 07:57

No doubt the parasitic shorters will be on this.