Debenhams Share Discussion Threads

[montyhedge] 10/5/2017 11:24

Also could Debs be fined for the hacking situation?

[montyhedge] 10/5/2017 11:23

Bricks and mortar stores in my view are dinosaurs, only used by shoppers as showrooms. Then they go online and buy the goods cheaper.

[simon templar qc] 09/5/2017 20:22

Figures today indicate a better April for retailers according to Barclaycard. However consumer spend has been mixed on the whole and increase in sales is one thing, however all depends which retail spend has increased and whether it be sales increase at full price or at a discount. That is an unknown quantity at present.

The latest weekly sales figures for John Lewis indicate poor growth overall in the 14 week period, allowing for increase in shelf space for new stores and inflation including minimum wage, the company appear to be still declining like for like....



If they carry on like they are doing the shop workers will be getting little to no bonus profits will be evaporating.

[terminated] 08/5/2017 14:06

To be fair Debenhams have manage an average of 100m+ ever since 2011, arguably a worse financial period than we face now. A time when grocers suffered one of their most demanding times in history due to people tightening their belts and becoming more economically minded. Higher price inflation may well eat into profits but last year's profits would have to be close to 75m to justify this low valuation. As they have hedged their currency this is highly unlikely this year or next. 60p+ is easily within reach imo.

[boraki] 08/5/2017 11:14

Debenhams plc Holding(s) in Company

08/05/2017 10:10am

UK Regulatory (RNS & others)



Debenhams (LSE:DEB)
Intraday Stock Chart

Today : Monday 8 May 2017
Click Here for more Debenhams Charts.
TIDMDEB TIDMSPD

RNS Number : 4585E

Debenhams plc

08 May 2017

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Debenhams plc
2. Reason for the notification

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments.
3. Full name of person(s) subject to the notification obligation:

Sports Direct International plc

4. Full name of shareholder(s) (if different from 3):

N/a

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

04 May 2017

6. Date on which issuer notified:

05 May 2017

7. Threshold(s) that is/are crossed or reached

Above 17%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

N/A

B: Qualifying Financial Instruments

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction:

Type of Exercise Expiration Exercise/ Number of % of voting
financial price dates (xvii) Conversion voting rights rights (xix,
instrument period instrument xx)
(xviii) refers to
--------------------- --------- -------------- ------------ --------------- -----------------
24 Oct Nominal Delta
2017
27 Oct
2017
1 Nov 2017
6 Nov 2017
9 Nov 2017
14 Nov
2017
17 Nov
2017
22 Nov
2017
27 Nov
2017
30 Nov
2017

n/a
--------------------- --------- -------------- ------------ --------------- --------- ------
Put Option
Agreement
with Goldman
Sachs International
over ordinary
shares 10.50%
(disclosed
on 23 January 6.58%
2015 and
12 May 2016)


Contract
for Differences
with Monecor 128,927,113
(London)
Limited n/a n/a 80,791,375
--------------------- --------- -------------- ------------ --------------- --------- ------


Total A+B+C

Number of voting rights 209,718,488

Percentage of voting rights 17.08%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.

n/a

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional Information:

N/A

14. Contact Name/Telephone Number:

Paul Eardley

Company Secretary

Telephone [phone]

Debenhams plc

LEI5493007MMUEIF4NJG110

This information is provided by RNS

The company news service from the London Stock Exchange

END

[simon templar qc] 06/5/2017 15:22

Cyber attacks can affect any retailer these days, I believe it only affected one part of Debenhams, I don't think that will affect Debenhams customers that much but who knows.

The biggest concern for retailers is bricks and mortar stores and how they adapt to a changing retail environment

I happen to think consumers will tighten their purse/wallets there has been too much borrowing and sales will decline. No retailer is immune no one is too big to fall whether it be John Lewis, NEXT, Tesco, Sainsbury,Debenhams or even Marks.

I happen to think NEXT, Debs, and John Lewis could suffer a lot further. People need to eat but can manage with less fashion and less furniture but Marks will buck the trend better due to the ability to convert.

[montyhedge] 06/5/2017 14:01

Looks like a cyber attack and data breach at Debenhams that's not good.

[simon templar qc] 06/5/2017 09:54

Its going to be interesting how this pans out. NEXT warns and latest weekly figures show John Lewis indications of like for like falling.

Marks have managed to carry on lately with less sales and some hard hitting appointments at the top.

With consumer debt increasing and price pressures increasing someone is surely to suffer.

I happen to think on balance Marks will survive better than the rest even though the clothes have suffered badly for years. They are able to convert some of their shelf space into food.

NEXT looks like its fantastic run could be running out of steam.

John Lewis has got quite a good loyal customer base but still losing like for like but not got the amount of stores Debenhams have.

Its a difficult call but one of the lower three, NEXT Debenhams JL could suffer badly.

Current share price managing to bob around the current level and could do so for a bit longer. If Debenhams does warn of further fall in sales the share price will fall below 50 pence. If not it could recover 10 pence or so.

[edmundshaw] 06/5/2017 09:19

Never give up Boraki, never give up! However big niggle's boots are, there will always be some bigger ones somewhere! :-)

[boraki] 05/5/2017 16:06

Sorry I haven't shot myself yet, but it is a lot harder to get a gun these days and the NHS will not give you one without a large deposit, non refundable,

anyway, RNS

Debenhams plc Holding(s) in Company

05/05/2017 1:11pm

UK Regulatory (RNS & others)



Debenhams (LSE:DEB)
Intraday Stock Chart

Today : Friday 5 May 2017
Click Here for more Debenhams Charts.
TIDMDEB TIDMSDR

RNS Number : 3552E

Debenhams plc

05 May 2017

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Debenhams plc
2. Reason for the notification

An acquisition or disposal of voting rights

Type 1 disclosure as per Transparency Directive ll Regulation
3. Full name of person(s) subject to the notification obligation:

Schroders plc

4. Full name of shareholder(s) (if different from 3):

Schroders Investment Management Limited

N.

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

03 May 2017

6. Date on which issuer notified:

04 May 2017

7. Threshold(s) that is/are crossed or reached

From 17% -18%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

Situation previous to the triggering transaction: 209,599,620 Ordinary shares of 0.01p each

Number of voting rights: 209,599,620

Resulting situation after the triggering transaction:

Number of Shares Direct: 221,768,731 ordinary shares of 0.01p each

Number of voting rights Direct: None, Indirect: 221,768,731

Percentage of voting rights Direct: None, Indirect 18.062%

B: Financial Instruments

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting Situation after the triggering transaction:

N/A

Total A +B+C

Number of voting rights 221,768,731

Percentage of voting rights 18.062%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.
Schroder & Co. Limited 3,726,103 0.303%
Schroder Investment Management Limited 217,526,969 17.716%
Schroder Investment Management North America Limited 515,65 0.042%

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional Information:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 1,227,822,150.

14. Contact Name/Telephone Number:

Paul Eardley

Company Secretary

Telephone [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

[simon templar qc] 04/5/2017 23:05

Had little time lately and just popped in. Latest John Lewis figures struggling...



Like for like must be falling down I would predict at least 5%.

Seems they have abandoned plans to build new stores as well...



NEXT sales fall 8% in first quarter are further signs of slowdown in retail sector...



All does not bode well for Debenhams I see further downside.

[niggle] 04/5/2017 16:36

Boraki - haha nice one :)

edmunshaw - My boots are bigger! and I don't have a forked tongue...

[edmundshaw] 04/5/2017 16:28

Boraki please do not shoot yourself. Some who utter on these boards speak with forked tongue. Do not accept their poison, but rather stomp on them with big boots!

[boraki] 04/5/2017 15:55

I will go and shoot myself now,

Don't worry, I will use a silencer.

Tatee Bye.

:-(

[boraki] 27/4/2017 17:22

Dividend of 6.69%

[simon templar qc] 26/4/2017 10:36

Online retailers like Boo eating away sales from bricks and mortar stores.



Debs digital strategy questioned as not being enough and more store closures are needed...

[simon templar qc] 26/4/2017 10:22

New low. See 45 pence to 50 pence range the next 3 months.

[simon templar qc] 25/4/2017 12:36

A rare upgrade from Deutche Bank....


No strong buys now from analysts