Superdry Share Discussion Threads

[haggismchaggis] 01/5/2024 15:38

Alpha Financial Markets Consulting plc announced this afternoon of a bid incoming too, that would be another GBP560m UK listed company gone.They are dropping off the market like flies, simply because the whole market is way undervalued.

[haggismchaggis] 01/5/2024 15:29

Strange late buying rush? What gives?

[haggismchaggis] 01/5/2024 09:02

Another small cap hoovered up on the cheap. Trinity Exploration got an offer from Touchstone. Trinity gone at GBP20m, 3 years ago it was 5x that valuation.If a bidder came in for SDRY now, they would be getting a similar bargain even if they paid £100m for it.

[petercuntin] 30/4/2024 20:46

Is that it?

[sig1978] 30/4/2024 13:21

CTL up 27% now. Get on board

[sig1978] 30/4/2024 12:43

CTL up 23% today get on board whilst you can to make up for some losses with superdry

[sellhighandbuylow] 30/4/2024 11:43

By July these shares will be WORTHLESS anyway. Better to cut your losses now

[typo56] 30/4/2024 11:31

Delisting isn't planned until July. Plenty of time for another pump & dump..or two.

[applied1] 30/4/2024 10:26

I would say look at MTC,yesterday given target of 12p

[sig1978] 30/4/2024 08:49

Get out of superdry. Buy CTL just about to explode!

[bspgamer] 30/4/2024 07:39

How many got sucked into that dead cat bounce before this delists. Dear oh dear when will you guys learn!!

[sellhighandbuylow] 28/4/2024 11:35

Riv the Div lost all his money and swore revenge and damnation on all those that said AVOID this dog or get badly burnt.
🔥🔥🔥

[seedoftongo] 28/4/2024 07:35

That’s what the smart ones have done , but what have the stupid ones done ?

Here on ADVFN we love to see an investor ramp something before it backfires on them , and then they lose heavily before exploding in rage .

So with the smart ones hitting the sell button like Sell says , what did RIV THE DIV do ??

[sellhighandbuylow] 28/4/2024 07:21

The smart ones are cutting their losses and hitting the sell buttons

[ali47fish] 27/4/2024 12:50

is it worht waiting for the decision after the vote before selling these shares- as i have them in isa i dont see any alternative? any help from this familare with the matter- many thanks

[typo56] 27/4/2024 11:45

There appear to be at least three possibilities:-

1) Open offer at 1p on the basis of about 7 new shares for every existing share held. Open offers aren't tradable and have no lapsed value - you pay up or accept massive dilution. It's underwritten by JD, which likely means he would end up buying a major chunk of the shares (how many shareholders would be willing to chuck more money at a company that's about to be delisted?).

2) A placing with JD at 5p. This "only" results in a 67% dilution but you're still holding shares destined to be delisted.

3) Landlords object to the restructuring plan, likely leading to administration and zero return for ordinary shareholders.

Other than for a spivvy short-term trade or to close a short position, why is anyone buying? Is there still a faint hope of a surprise bid for the supposed brand value?

[jaknife] 26/4/2024 12:58

trendspotting,

"If this goes ahead and it does feel like it will, expect a monster rise."

Why? What exactly do you think will happen "If this goes ahead"?

M&G are objecting to the Restructuring Plan (note that I've capitalised the "R" and the "P", because "Restructuring Plan" has a specific legal meaning in this context) because they don't think that it's fair to have a lower rent forced upon them. *IF* M&G are successful, and the judge backs them, then SDRY will be forced to keep the stores and continue to pay the high rents that they can't afford to pay.

That's not a good result for shareholders!

The inevitable conclusion of failing a Restructuring Plan would be a pre-pack administration, which is probably the "Relevant Alternative" that SDRY are including in the Restructuring Plan!

JakNife

[trendspotting] 26/4/2024 12:30

2 hours ago on SkyNews



If this goes ahead and it does feel like it will, expect a monster rise.

Risky as always but whenever companies announce a restructuring plan after having their share price decimated the market usually reacts very strong and positive.

GLA

[typo56] 26/4/2024 11:10

Landlords not so happy

[seedoftongo] 25/4/2024 19:19

Up day today RIV DIV …. What price you in at fella ??

[seedoftongo] 24/4/2024 12:01

No one cares about him .
Good point 👍

[wantage] 24/4/2024 11:08

Who cares about Rivvy ? I care about Superdry. What a great short.Still time to get on board.

[seedoftongo] 24/4/2024 08:29

It’s over fella .
Rivvy the Divvy is done for on the internet .