Superdry Share Discussion Threads

[icac] 28/3/2024 17:27

JD has not sold his 30m shares, im only guessing, someone else maybe interested making a bid ( next , or boohoo) and JD gain gain more going that route.
but I see SD has been given a lifeline with the Hilco loan extension and addition £10m loan .

something must be still going on in the background.. I see superdry a perfect fit for Next.

[tonysss13] 28/3/2024 17:20

He would have been fully aware of the dire state of the company so I think he would have wrote off his own shares a while back.

but agree game over

[sellhighandbuylow] 28/3/2024 17:15

I disagree, Dunkerton was smoke-screening the City, hoping to protect the value of his own SDRY shares and that has FAILED massively.

GAME OVER

[tonysss13] 28/3/2024 17:11

Dunkerton is creating the illusion that he it trying to save the company & jobs IMO, but he never had any intention in doing so as he knows exactly what Jaknife is saying is true

[jaknife] 28/3/2024 17:02

I have been chastised via DM for suggesting that the share price will be 10p on Tuesday.

FWIW I still think that administration is the most likely outcome here. Dunkerton would have to be mad to put fresh equity in and try and trade out of the current problems. The business is losing £1.5m a week and a lot of that is due to expensive rents. A CVA, Restructuring Plan or administration would remove the high rental stores immediately as well as permitting material other liabilities to be ditched.

Dunkerton could start from scratch with a brand new company that owns the brand and the profitable stores whilst leaving all the problems with an administrator.

However, that's not going to happen by Tuesday. What will happen on Tuesday is that all the longs will rush for the door in a desperate aim to sell their shares. I think that 10p is a sensible place for the share price to stop (a little more than 60% down).

In the long run the share price should keep falling, if Dunkerton is going to stick more equity in then he's going to do that at as low a price as possible (1p?) but otherwise equity will be a zero in administration.

JakNife

[icac] 28/3/2024 16:55

party still go ahead, press and media still need answers.
this is just as good as Bid offer.
realistically, I was expecting bid offer between 38-50p. current share price 29p and all liquidity issues resolved.
the Game is not over as some has claimed..

[icac] 28/3/2024 16:51

rivingtonstreet , you got it exactly correct.
Hilton would not extend the loan or provide additional loan if MCAP is £10m ( 10p per share)

[rivingtonstreet] 28/3/2024 16:51

Exactly, so he has now put forth shareholder value option on the table. Great outcome!

[rivingtonstreet] 28/3/2024 16:49

Precedent crater, equity raise will not be discounted by much from todays price. This news is good news. This means dry liquidity issues are resolved and JD can turn it around. Kellet was right to invest, I see the share price going up Monday not down.

[factsandfigures] 28/3/2024 16:47

THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE")

28 March 2024

Statement Regarding Superdry plc
================================

The Board of Superdry concluded that a takeover offer from Julian Dunkerton for the Company is unlikely to deliver a satisfactory outcome for shareholders, or for stakeholders.

[tonysss13] 28/3/2024 16:45

ICAC did you not see the 2.8 Announcement lol you really are clueless

[icac] 28/3/2024 16:43

Hilco loan extension, also £10m loan increased .. happy days, all in favor so JD can take company private..
Tuesday 100% JD to make bid offer.

Easter Sunday party
Tuesday make bid
Wednesday flagship oxford store uses for press and media.

wow.. perfect and make sense

[jaknife] 28/3/2024 16:42

10p when markets open on Tuesday?

[tonysss13] 28/3/2024 16:42

ICAC enjoy your celebration meeting Sunday lol

[ukneonboy] 28/3/2024 16:41

ITS GAME OVER FOR SURE NOW.

[icac] 28/3/2024 16:39

rns out at 4.35pm