Debenhams Share Discussion Threads

[justiceforthemany] 10/8/2018 10:57

Debenhams will be bought out very soon I reckon. A double swoop.

[debsdowner] 10/8/2018 10:52

Too many cooks spoil the broth too many stores will be difficult to cope with when consumer spend continues to slow.

[bouka1] 10/8/2018 10:46

MIDDLE EAST WILL GIVE ASHLEY A RUN SOON

[debsdowner] 10/8/2018 10:45

So the competition continues.

[leadersoffice] 10/8/2018 10:44

A merger could be the way forward if Debenhams ever went the same way. Like others have stated...Debenhams is in a much different place than HOF.

[essentialinvestor] 10/8/2018 10:44

Mike has wanted HoF for years. Hopefully that saves quite a few jobs,
however big changes on the way.

[leadersoffice] 10/8/2018 10:40

Rubbish Why would he do that when he has a massive investment in Debenhams ? Get a grip

[libertine] 10/8/2018 10:39

Sources said that Mr Ashley will now begin the process of turning some House of Fraser stores into Sports Direct outlets and rebrand others under the Flannels fascia.

[qantas] 10/8/2018 10:38

Good news for Ashley the Billionaire.

Shorts so doomed to failure

Please do your own research.

[debsdowner] 10/8/2018 10:37

Debs is a different ball game with far too many stores.

[tim 3] 10/8/2018 10:36

Yes this should be a very interesting story.

[debsdowner] 10/8/2018 10:36

Asley doesn't have to bid for Debenhams he could just wait for the same fate as HOF.

[debsdowner] 10/8/2018 10:34

News still emerging on HOF but Ashley is taking a huge risk. There is also talk of a merger with Debenhams.

[ltcm1] 10/8/2018 10:33

Ashley might want to put Debs out of business though. Maybe he sees HoF as the better bet and will sell his Debs stake.

[tim 3] 10/8/2018 10:32

I guess it was that or go bust so pleased for the staff but can't help feel its a sad testimony of the state of the high street when someone like him is to quote Sky "the most powerful figure on the high street".

[niggle] 10/8/2018 10:31

My view is they will need the £100m from MDN (They said £250 remember - no one else did! lol) to go into the pot to pay suppliers. The administration is not far off.

Shareholders will get nothing.

[leadersoffice] 10/8/2018 10:30

Store closures still on the table but be interested to know if he will halt the closure of the site in Oxford Street. Watch this space

[wllmherk] 10/8/2018 10:28

DEB still profitable remember. Yes, the debt issue needs to be addressed but they can sell their Scandinavian operation to raise capital and pay down debt. I'm not deluded to believe all is well, the share price tells it's own story, but, there is hope here and worth a punt at these levels.

wllm

[wllmherk] 10/8/2018 10:25

Bought a few this morning, I figured if Ashley loses his 11% stake in HoF he ain't going to lose nearly 30% in DEB. Since buying this morning he has acquired HoF. DEB will be his next acquisition IMV.

wllm

[ltcm1] 10/8/2018 10:24

Robot you still don't get it do you. MA will wipe the shareholders out if he buys Debenhams. He won't be paying any premiums.

This is really bad news for Debenhams in my view.

[niggle] 10/8/2018 10:22

So Mike Ashley has bought it for £90m!



Good tactic, let it go into administration, buy it for nothing. Same could happen here if the administration shakes off the leases.

[leadersoffice] 10/8/2018 10:15

Bought for 90 million