Debenhams Share Discussion Threads

[ltcm1] 08/3/2018 10:10

I do think Terminated is onto something and letting space to other operators could work really well.

In the north there is a chain called Fenwicks that have made an excellent job of this.

[qantas] 08/3/2018 09:56

owenski you are fool spring has now sprung and things are only going to get better.

Please do your own research.

[qantas] 08/3/2018 08:22

New Deal fab...

[terminated] 07/3/2018 22:25

They need to go back to the old style renting floor space out to designers. Their clothing range is poor and this area requires more innovation. Convert top floor to office space or studios and keep the lucrative cosmetics and cafes etc. And why not partner with ashley on sporting goods? Sporting goods are big money selkers. It won't go back to the days of 300m profits but it can find a role.

[qantas] 06/3/2018 22:45

[...]

House of Fraser saved...

[qantas] 06/3/2018 22:26

Debenhams to rent flagship store space to hot deskers



Please do your own research...

[grahamite2] 06/3/2018 14:15

Getting to the threshold certainly hasn't set the market on fire. Perhaps it's not excited because nobody has the slightest idea what Ashley's real game is? And perhaps he's waiting for complete capitulation before launching a bid so that any short squeeze starts from a very, very low level?

[montyhedge] 06/3/2018 14:08

I wonder where this share price would be if sportybilly did not have an interest, 18p.

[grahamite2] 06/3/2018 14:03

sportybilly's 35p bid offer idea - 25% premium - might make sense in other circumstances. But where there's a bid, stock lenders normally demand the return of their stock so there would be a tremendous short squeeze. That could take the price beyond anything Ashley was willing to pay.

[edmondj] 06/3/2018 10:01

"And then there are Mike Ashley's tanks on the lawn."

Rather dysfunctional tanks, recalling his holding Blacks all the way down into administration in 2012:

"Last month, Blacks appealed for an investor to rescue it, by buying the firm or its brands. Sports Direct, whose existing 22.5% stake in Blacks is about to be wiped out, had said that it had lost interest in buying the rest of the firm."

[hpcg] 06/3/2018 09:59

bookbroker - I have to agree, the mid-lower end market is shrinking. One either has to have some style and quality, or be competitive with Primark on price.

[bookbroker] 06/3/2018 09:53

Matalan almost a word for vulgarity these days!

[bookbroker] 06/3/2018 09:52

This company is on borrowed time, not a patch on John Lewis, and frankly it’s become pretty lost in the market, neither JL. or Matalan!

[mister md] 06/3/2018 08:27

diku... both, but don't remember in which order ;)

[diku] 05/3/2018 23:32

Mister MD...did you go to DEBs to shop or just wanted to use the toilet!!...

Somebody earlier mentioned Dunelm...I also think they might be struggling...staffing costs, rents, business rates are big burden some to such businesses...

[montyhedge] 05/3/2018 16:25

Agree, I feel they have devalued their stores by having 365 days a year some kind of sale. Shoppers are not stupid.

[mister md] 05/3/2018 15:24

want this to succeed, but visited London Wimbledon store on 2 occasions last week and there seemed to be more staff than customers, the clothes section was poor, a pair of shoes I tried had manufacturing fault (as did the replacement pair they retrieved), the perfume section at the entrance had some empty sections/shelves, no customers and some glum-looking staff. Oh and the toilet was out of order. Popped into Elys aftwerwards (and John Lewis in central London) and though in the more expensive/up-market segment there was a world of difference... shame really

[hpcg] 05/3/2018 12:40

I think with the 350 million market cap there is still a lot of institutional distribution to come. It isn't a slam dunk by any means.

[ltcm1] 05/3/2018 12:20

No Monty the debt is about 275m I believe and not short term. The worry is over a big loss ballooning it.

Hpcg don't let me stop you then if you have conviction. But they are reducing managers and they have a new Scandi range in. The boss is ex Amazon and seems to be making a decent effort.

Then there are Mike Ashley's tanks on the lawn.

[qantas] 05/3/2018 12:13

Net debt was reduced to £275.9m from £279m.



Please do your own research.

[montyhedge] 05/3/2018 11:52

Going by ADVFN is the debt £1.2 billion, market cap £333m if true surely not good news, with profits falling off a cliff.

[hpcg] 05/3/2018 10:42

It is never too late to short a company which could go in to bankruptcy, it is still a 100% gain even if 99% of the value has been lost already, and DEB is not even close to that. If the UK does go into recession then Next and Dunelm share prices will also suffer, and the latter's out of town model is also a bit suspect IMO, but it comes down to survival of the fattest.

[ltcm1] 05/3/2018 10:07

Perhaps Amazon will consider a tie up with Debs??? I feel Debs do hold some cards because so many of the BHS stores stand empty and if HoF go it will exacerbate the situation.

It seems a bit late to be entering a short here to me.

What about Next or Dunelm?