Superdry Share Discussion Threads

[icac] 29/3/2024 07:25

I really don't see why people are panicking so much.. shorters again I'm force scaring the living daylight out of holders parting with their shares by predicting 8-10p come Tuesday.
8-10p could happen if all decide to sell , but is there a need to sell???
the company is not going bust, not for another 12 months at least.
loans and working capital with Hilco has been resolved, and if you were buying a few days back at 24-25p then what difference it make from holding ?
ok , we didn't get the bid we craved for , but atleast we had loans and working capital ressolved.
if we had no bid, and no loan extension, and no extra £20m working capital then it would have been a total disaster.
personally I was betting for a bid ( like hundreds of other investors) and as a holder , I don't want other holders to lose money because of shorters scaremonging tactics.
think logically, current mcap £26m and why Hilco would loan nearly 85% mcap amount £20m if they didn't see hardcore evidence that superday can turn things around.
all holder's should just ride out the Tuesday storm.

[jaknife] 28/3/2024 23:33

Dil 21,

It was loglorry1 accusing me of having lost my marbles!

JakNife

[dil 21] 28/3/2024 23:04

Jak , chastised by who for suggesting 10p share price on Tuesday earlier today ?

Was going to PM you myself saying you being a bit optimistic.

[icac] 28/3/2024 20:40

lets rewind back to bid offer announcement, and today's offer ending. can you or can we not see how JD tried to screw shareholders for his own benefit at the expense of shorters and long term holders.
can you see how the way JD planned on this , from bid, to no bid to forcing SH to vote for rule 9 or not get working capital at material discount.

[icac] 28/3/2024 20:35

firstly , it requires shareholders approval ( which you've not highlighted)
secondly , equity raise at very material discount only if shareholders approve removal of rule 9 which allows the company to delist and JD to pick the company up on the cheap.
for myself it seems fair.
Shareholders agree to it , then have chance to bail out at certain price higher than 0.
this is what the game is all about.

jak , short v long .. = opposition,
= either you kick me or I kick you.
you expect there be no kicks ? no foul play? no yellow cards? no red cards?

[sellhighandbuylow] 28/3/2024 20:21

Well said, JakNife and Happy Easter to you, Sir

[icac] 28/3/2024 20:08

Today's RNS is not as bad as many claim.
operating finance resolved, cost cutting plan started , let the game play out from here.
we may losing at this moment , there's still plenty of time to gain something back from here. as seen when Bournemouth 3-0 down half time,
won 4-3 I thr end.

[rivingtonstreet] 28/3/2024 19:49

Yeh but then a fund raise will clear that and we are off to the races.Retail is coming back and superdry could be the reversal story of the decade. From the ages it came rising like a phoenix. Looks like it's opening blue and big time blue on Tuesday. Oh dear!

[jaknife] 28/3/2024 19:31

ICAC,

"hey guys, nothing here posted have been personal, I went for a bid and lost. hands up and lost .. but luckily not too badly burnt.
guys this like a football match, both supporting the opposite end, when match is over, we shake hands and congratulate the winner. well done to those who read the outcome well 👍"

You don't know how badly you've been burnt yet. When the market opens on Tuesday the share price will undoubtedly dive dramatically. You then have to decide whether to dump alongside all the other longs whilst you beg for the only people who are buying (the shorts who want to close) to bail you out. Personally I'm holding out for the zero.

Once again you've demonstrated that the biggest liars on ADVFN are the longs, whilst the most honest posters, who will tell you the unpolished truth regardless of how unpopular it is, are the shorts.

JakNife

[tonysss13] 28/3/2024 18:48

well lets hope nobody on here was fool enough to listen to your dishonest ramping & pure fabrication and put in more than they can afford to lose ICAC.

anyway it's been fun

[throgmortonstreet] 28/3/2024 18:37

Superdry PLC "the business" already owes its Lenders £150+ Million so by taking a further £10 Million of debt, it's total indebtedness rises to £160+ Million

Superdry's market cap is only about £20 Million.

So, Superdry's total debts will be 8 times it's market cap.

[f0rl0rn] 28/3/2024 18:30

The Hilco Facility is to be extended by six months to 7 February 2025 and will see an additional £10m made available immediately........ To simplify, a company is receiving 10 million, half its current market cap. On Tuesday, the market cap should rise to 30 million. Enjoy your weekend, shareholders. Shorts may be feeling uneasy, spinning tales.

[debsdowner] 28/3/2024 18:17

Switch the lights off !

[sandy133] 28/3/2024 18:08

I missed the loan extension and the additional £10 million advance.HILCO would only have done this had they further protected their investment.They would likely have secured ownership of the brand etc.
What the RNS said was that it is likely that the company needs a substantial "capital' investment which will only be made on the basis that the existing share capital is worth a nominal amount.
Sadly the shareholders appear likely to lose their money.