Debenhams Share Discussion Threads

[only who?] 18/1/2019 16:13

15m to hammer down.

Do your own recherche

[comedy] 18/1/2019 15:51

dont get emotional ride the bounce:)

[titasiinitramho] 18/1/2019 15:04

"You rooten lot post all these on debenhams board...24/7"

why don't you post a rational counter argument if you are so clever.

and use a spell checker, you rooten tooten rotter.

don't shoot the rooten messengers.

and don't forget to do your own research etc etc

[fenners66] 18/1/2019 13:44

bouka thinks the articles you keep posting are BS

maybe he should be writing to the BBC , Daily Mail , FT and Scotsman to get them to stop publishing news.

[bouka1] 18/1/2019 13:39

You lot mugged..

[debsdowner] 18/1/2019 13:12

N Brown

The online retailer – which also owns JD Williams and Jacamo – slashed prices across its clothing ranges. Sales were propped up by its financial services division which grew 9.7 per cent, while product sales dipped 6 per cent.

The group makes a third of its revenues from financial services products such as short-term loans, which charge sky-high interest rates of around 60 per cent. N Brown has endured a difficult year which saw it shut all of its 20 stores and chief executive Angela Spindler forced out.

[debsdowner] 18/1/2019 13:11

N Brown sales were down 6% they were another retailer disclosing poor sales. The financial services helping the company out but the share price battered the last year.

H

[debsdowner] 18/1/2019 12:56

Let the High Street Die says shoppers, they just don't care:

[bouka1] 18/1/2019 12:55

All mugheads..piggel..only poo...debs downer..d cave..all hiding now

[bouka1] 18/1/2019 12:55

All mugheads..piggel..only poo...debs downer..d cave..all hiding now

[hpcg] 18/1/2019 11:56

From a tactical point of view with a market cap of 35 million the share price can be volatile with the vicissitudes of the retail investor in full effect. My observation of companies on the way to bankruptcy is that this kicks in below 50 million, and a successful ramp can push price higher towards 3 figures. There are normally at most 2 ramp attempts, and we might already have had the first one at the start of the year. At this time there is probably too much institutional paper still to shift to get anywhere near 3 figures again. It could also be that DEB doesn't fit the bill for PI commitment as everyone knows about the woes of retail, there is no juicy fake dividend and no obvious exciting and transformational upside. Ironically junior oilers, miners and biotech that have never made and never will make money can survive for years raising new capital from individuals where other types of business have no hope.

The more shares in PI hand the less able a company is to negotiate with shareholders, for example getting commitments to a rights issue. Not only that but PIs have been known to vote against company rescue plans, preferring administration. This would actually be ok for DEB and Ashley so I conceivably a plan will be put together that makes new holders think they have been robbed to get the votes against. Of course they aren't being robbed as the bond price has told us for a long time that the equity has no value. With trading entering its weakest part of the year, and DEB having to draw down funds as bills become due, I woudl imagine we'll see the end by 31 March.

[dansaunders25] 18/1/2019 11:45

In case people don't have alliance news access: ALLIANCE NEWS DETAILPRESS: PROPERTY FIRMS AT RISK OF RENT CUTS FROM DEBENHAMS PORTFOLIO[ 18 Jan 2019 07:27 ] LONDON (Alliance News) - Several London-listed property firms may face rent cuts as troubled retailer Debenhams PLC looks to restructure its store portfolio, the Financial Times reported on Friday.Debenhams is in talks with landlords to negotiate changes to its store portfolio, including 50 store closures, the newspaper said.There is also the possibility of instituting a company voluntary arrangement, which would lead to forced rent cuts at some stores and further store closures.Out of Debenhams's 165 stores, 30 are owned by listed property companies, with British Land Co PLC and Intu Properties PLC having the highest exposure to the retailer by owning eight stores and six respectively, the FT reported, citing data from Colliers International.British Land in particular has been looking to sell four free-standing Debenhams stores since December, following the disposal of the retailer's Oxford Street branch in July 2016, it said.Other property groups with exposure to Debenhams includes Land Securities Group PLC which owns five stores, Capital & Regional PLC with four, and Hammerson PLC with three stores, according to the newspaper.The FT also noted that funds run by asset managers were also exposed to the Debebhams situation, with Aberdeen Standard Investments owning seven stores.https://www.ft.com/content/b1129386-1a72-11e9-9e64-d150b3105d21Last week, Debenhams entered talks with its lenders after like-for-like sales for the six weeks to January 5 fell 3.4% amid a tough UK trading environment.On the same day, Debenhams's two largest shareholders, which include Sports Direct International PLC with nearly a 30% stake, and Brandes Investment Partners Inc, with an over 12% stake, voted at the company's annual general meeting against the re-election to the board of Chair Ian Cheshire and Chief Executive Sergio Bucher to the company's board.

[debsdowner] 18/1/2019 10:22

BBC business live:

10:01
No deal Brexit? No retail rebound

"December’s slump means that retail sales volumes fell in the fourth quarter as a whole," says Thomas Pugh, UK economist at Capital Economics. "And unless a Brexit deal is signed soon, there is unlikely to be much of a rebound in the first quarter 2019.

"That said, if a no deal Brexit is avoided, consumers should be in a good position to ramp up spending in the second half of the year."
He adds: "With inflation continuing to fall back and pay growth on the up, there should be scope for consumer spending growth to gather some momentum further ahead once a Brexit deal has been finalised."

[debsdowner] 18/1/2019 10:00

FT

Retail sales end gloomy note

[bouka1] 18/1/2019 09:49

Mf ashley is the curse...incompetent mps ...sending whole country into adminstration

[debsdowner] 18/1/2019 09:49

BBC business live

9:38

Black Friday depresses December retail sales

Over the three months to December, retail sales as measured by quantity bought dropped by 0.2% with declines across all areas except fuel.

Rhian Murphy, head of retail sales at the ONS said:"Retail sales fell back slightly in the last three months of 2018 with only petrol stations seeing significant growth.
“Following the increased growth in November, where shoppers snapped up more Black Friday offers as they continue to bring forward their Christmas shopping, retail sales weakened in December.”

[debsdowner] 18/1/2019 09:43

Non-food stores was the largest contributor towards the decline seen in December 2018 for both the quantity bought and amount spent, at negative 1.1 percentage points. Non-store retailing also reported negative contributions in December 2018, with negative contributions of 0.2 percentage points for both the quantity bought and amount spent.

[debsdowner] 18/1/2019 09:35

Retail sales data out:

Core retail sales negative month on month -1.3%

More information later.

[this_time_its_different] 18/1/2019 09:19

I think if you work in Debs, you would know by now your job is at risk. When there are more staff than customers in a shop, it should ring alarm bells. Most would be job hunting already, I don't think anyone wants to stick around for the finale.