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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Debenhams | DEB | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.83 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.83 | 1.83 |
| Top Posts |
|---|
Posted at 21/6/2019 11:43 by titasiinitramho "Helicopter" or Raleigh Chopper?... lol"Castle in Kerry" or bedsit in Blackpool? lol robot ic1 - 31 Mar 2018 - 13:29:40 - 4488 of 28060 Debenhams charts/news - DEB "Had a great cycle ride again this morning into Blackpool central , do you ride a bike? The weather is a bit dreary , had a couple of light showers of rain ,but Debenhams full and lots of people carrying Debenhams full carrier bags. Blackpool is full of buyers and people having a great time this Easter . forget the negative writings just stay positive +. Always Do your own research its your cash" looooooooooooooooooo |
Posted at 10/4/2019 08:34 by buywell3 Once again buywell calls it right:buywell2 - 26 Mar 2019 - 07:40:37 - 25256 of 27561 Debenhams charts/news - DEB Sorry but I see the DEB BoD now telling MA what to do That ain't going to happen They also are telling him how the repayment of DEB debt they created must be repaid by MA if he makes an offer For me this kills any offer stone dead If MA buys DEB from the administrators he takes on ZERO debt like he did with the HOF deal. If MA now announces say after 18.00hrs today he is NOT going to proceed with an offer Wednesday will be a bloodbath |
Posted at 09/4/2019 20:06 by dredger Been following this thread for a few weeks now. I used to work in Fin Servs (36 years) for one of the largest global fin servs co.s. The Life&Pensions arm of the co. Early retired 2 years ago just before my 55th bday. I've dabbled in shares over the years but in the main i put my trust in fund managers, with a regular premium stocks&shares ISA. Since retirement i've built a small portfolio of shares; mainly income divi producing shares; boring i know; the likes of Aviva, SSE, ITV,ABF. My only two shares i hold with share price growth potential are Boohoo and Hurricane Energy. I'm not a big player and prefer to hold for a time, rather than aggressively trade. In fact, the increased activity of quick buy and sell (short term traders) over last few years is, at times, faslely skewing and unsettling the market. It is making it v difficult for many many folks, in the main people of an older demographic to have faith in investing for medium to long term. Even some fund managers are getting tired of aggressive shorting as it creates instability and volatility. I have always held right wing views, always voted Tory; i'm no Socialist, but i fear that if The Marx Brothers (Corbyn and McDonnell) gain control at next GE they will introduce controls on share trading. Expect shareholders not to get voting rights until they hold shares for 6 months; possible ban on short selling; maybe we'll have to hold shares for 3 months before one can sell. I think the hedge funds and short traders will only be to blame if a Left wing UK govt brings in such controls.As for Debenhams the board has behaved with upmost pomposity. I'm no fan of Ashley but the Debs board have been super arrogant. Of course, Debs issues started years ago when the Private Equity buyers screwed them over. Yes, aspects of Debs 5 year strategy has been supremely flawed, tied down by leases with long tie-ins. A hell of a lot of unanswered questions over board activity, etc from the last year or so. How did a near-30% shareholder get effectively locked-out of discussions or insight as to Debs future? Will the regulatory authorities look at this? Declaration- i'm not a Debs shareholder, but this whole business smells. The private investor/shareholder who doesnt trade long and short aggressively will ask him and herself, is it worth the risk anymore? Then capitalism really does start to die and The Marx Brothers will gain their platform with their very hard Socialist mandate. Cheers |
Posted at 05/4/2019 19:06 by pwhite73 Forget about the bid. Any bid is meaningless. What the board are requesting is that MA puts up £700m of cash to clear the debts and provide long term working capital. He has until midnight 7th April 2019. If he doesn't come 07:00 8th April 2019 the shares will be suspended and DEB files for administration. If DEB does not file for administration MA has enough shares and shareholder support to call an EGM sack the existing board and install himself as CEO without spending a single penny.If MA is really after DEB his best bet is to wait for administration and bid for DEB then.In administration the court does not just look at the creditors but who is best placed to protect jobs and all stake holders. MA already having a record rescuing destressed retailers stands a good chance of being the new owner. |
Posted at 05/4/2019 12:14 by american idiot As much as Ashley might want to bid for DEB he sure aint stupid and will know the economics of taking on DEB + Debt + Onerous leases is complete madness for him.His plan all along was to let DEB fall into administration as he did with JJB but what he didnt plan for was a D4E with bondholders. That has screwed his HoF + DEB plan up completely. I suspect HoF are still burning cash at a rate of knots as well.. |
Posted at 29/3/2019 09:32 by qantas Amazing others are above the law other than debsdowner.LSE:DEB Debenhams Share News (DEB) 5 Following DEB BuySell Share Name Share Symbol Market Type Share ISIN Share Description Debenhams LSE:DEB London Ordinary Share GB00B126KH97 ORD 0.01P Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade -0.09p -4.31% 2.00p 1.95p 2.10p 2.15p 1.802p 2.10p 24,930,985 09:14:18 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) General Retailers 2,277.0 -491.5 -37.5 - 24.56 Alert Sports Direct International Plc Statement regarding Debenhams plc 29/03/2019 9:17am UK Regulatory (RNS & others) Debenhams (LSE:DEB) Intraday Stock Chart Today : Friday 29 March 2019 Click Here for more Debenhams Charts. TIDMSPD TIDMDEB RNS Number : 4661U Sports Direct International Plc 29 March 2019 Date: 29 March 2019 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. SPORTS DIRECT INTERNATIONAL PLC ("Sports Direct" or the "Company") Statement regarding Debenhams plc Sports Direct refers to its announcement of 26 March 2019 regarding the pre-conditional possible offer for Debenhams plc ("Debenhams") at 5p in cash per ordinary share (the "Proposal"). Sports Direct also refers to Debenhams announcement of 28 March 2019 regarding Debenhams noteholder consent solicitation process. As the termination of Debenhams noteholder consent process was one of the waivable pre-conditions to the Proposal, Sports Direct is giving further consideration to Debenhams' announcement in the context of the Proposal. Enquiries: Numis (Financial adviser to Sports Direct) Luke Bordewich Stuart Ord +44 (0) 207 260 George Fry 1000 Sports Direct Please do your own research as always. |
Posted at 27/3/2019 08:09 by qantas Sports Direct International Plc Possible cash offer for Debenhams plc27/03/2019 7:01am UK Regulatory (RNS & others) Sports Direct (LSE:SPD) Intraday Stock Chart Today : Wednesday 27 March 2019 Click Here for more Sports Direct Charts. TIDMSPD TIDMTTM RNS Number : 1006U Sports Direct International Plc 27 March 2019 Date: 26 March 2019 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"). THERE CAN BE NO CERTAINTY THAT SUCH AN OFFER WILL BE MADE. SPORTS DIRECT INTERNATIONAL PLC ("Sports Direct" or the "Company") Statement regarding possible cash offer for Debenhams plc Sports Direct notes the announcement made by Debenhams plc ("Debenhams") on 26 March 2019 in response to Sports Direct's announcement on 25 March 2019 under Rule 2.4 of the Code and, in particular, that any firm proposal regarding an offer for Debenhams will be given due consideration by Debenhams board. Sports Direct wishes to confirm that it is considering making a firm offer for the entire issued and to be issued share capital of Debenhams not already held by Sports Direct and that it has put the following proposal to the board of Debenhams as to its terms. The terms of the possible firm offer are that Sports Direct would offer 5p in cash per ordinary share for the entire issued and to be issued share capital of Debenhams which would value the total currently issued share capital of Debenhams (excluding treasury shares) at approximately GBP61.4 million (the "Possible Offer"). The Possible Offer, if made, would represent a premium of approximately 127 per cent. to the closing price of Debenhams shares on 26 March 2019. In connection with the Possible Offer, Sports Direct would also assist Debenhams in addressing its immediate funding requirements (subject to the pre-conditions set out below). The Possible Offer is pre-conditional upon Debenhams immediately appointing Mr Mike Ashley as its CEO and terminating the noteholder consent solicitation process it announced on 22 March 2019. In addition, the Possible Offer is pre-conditional upon the Debenhams group agreeing not to enter into any third party funding arrangements (including those outlined in Debenhams statement of 22 March 2019), granting any new security over any of its assets or entering into any administration, CVA or other insolvency process. Each of these pre-conditions must be satisfied or waived before any firm offer can be made. Sports Direct believes that the Possible Offer would offer fair and full value for Debenhams. It does not believe that Debenhams has the same value if it is (in effect) handed over to Debenhams' existing lender group. As such, Sports Direct would expect the Possible Offer to be attractive to Debenhams shareholders and other stakeholders as an alternative to Debenhams' current restructuring and refinancing process. It is important to note that this is not an announcement of a firm intention to make an offer under Rule 2.7 of the Code and, accordingly, there can be no certainty that an offer will be made for Debenhams even if the pre-conditions to the Possible Offer are satisfied or waived. Sports Direct reserves the right to reduce the Possible Offer consideration by the amount of any dividend (or other distribution) which is paid or becomes payable by Debenhams to the holders of Debenhams shares. Enquiries: Numis (Financial adviser to Sports Direct) Please do your own research as always. |
Posted at 26/3/2019 09:08 by goldpiguk Hi,Sorry to have missed the opening here. For me results day at CTO took priority. I have now had a look through this mornings DEB RNS. 1. It looks as though DEB financial situation is so bad the company might not survive to the 22nd April if it does nothing. The company has immediate funding requirements which the possible offer does not address. 2. DEB says its entire debt has to be paid off in full if there is any change of control. If Ashley bids the debt will be his main cost. Most likely he will only offer a few million to shareholders especially as DEB has thoughtfully told shareholders their own plans will most likely see shareholders wiped out. In the good times having a target price is great and often work out well. For a company on the brink of collapse it is an entirely different story. Goldpig |
Posted at 26/3/2019 07:40 by buywell2 Sorry but I see the DEB BoD now telling MA what to doThat ain't going to happen They also are telling him how the repayment of DEB debt they created must be repaid by MA if he makes an offer For me this kills any offer stone dead If MA buys DEB from the administrators he takes on ZERO debt like he did with the HOF deal. If MA now announces say after 18.00hrs today he is NOT going to proceed with an offer Wednesday will be a bloodbath |
Posted at 26/3/2019 00:43 by buywell2 An interesting development and possibly along the lines of what I see as common sense with a cash rich company looking to acquire another company or parts of another company cheaply.Ashley owns circa nearly 30% of DEB now One would imagine he is not best pleased with the DEB BoD and they way his investment in DEB has performed. He is out to get what he wants from DEB , which won't be all the loss making bits or most of the management team or staff. He could be about to make a very cheeky offer of 1p a share Which would make the share price dive or He might say nothing in which case PI's will pile in and give a chance for the Institutions to pile out if it lasts for a few days. Could he even sell some himself ... a grey area that I would suggest. Could he offer 1p , watch the share price crash and then withdraw the offer and then watch it crash to 0.5p ? At which point the administrators would surely be called in. Would he then be allowed to cherry pick the bits he wants ... and one would imagine he believes he has already paid over the odds for with his near to 30% DEB stake ? Clearly this story is not over yet This is another chapter , but the end IMO is nigh. |
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