Richard Ratner
Richard Ratner
alan anyone bid doubt question run whether
The question must be ... whether anyone could run it better than Alan Giles. Thus, there must be some doubt as to a bid emerging.
clear clever general impression running
The general impression was very good, with merchandise well displayed, and clear differentiation between the departments -- not running into each -- and clever use of graphics.
business double five four huge next pity potential profits suspect
It would be a pity because we think there is huge potential in that business to double profits over the next four to five years, but if 40 pct of your shareholders want out, then I suspect that is what may happen.
chance deal last offer reasonable time whilst
Whilst the last time it was a '24-hour wonder', we think that there may be a reasonable chance that a deal could go through this time around, but it will take time for an offer to be formulated.
easy fruit grasp perceptive relatively whilst
Whilst much of what Stuart has done has been relatively easy fixes, at least he has been perceptive enough to grasp the low-hanging fruit -- many wouldn't know what to do,
management people sure
Management is going to have to take it. I'm sure it will go through. People will think it's mean, but the alternative would be pretty ghastly.
agreement current disastrous given happened importance per wonder
Given the importance of Per Una to M&S, it could have been disastrous had this happened at the current time. Even so, we wonder how long the agreement will last.
below board group per price rejected share since surprised valued
The price is below our expectations, since we valued the group at up to 210p per share and so we are not surprised the board has rejected it.
chairman further japanese likely longer progress shares short unlikely
With the chairman off, a downgrade and the Japanese no longer likely to bid, the shares are unlikely to make further progress in the short term.
emergency heard managers meeting
We've heard there is an emergency managers meeting today.
christmas people talking uk worse
We thought they'd had a worse Christmas than most people expected. They had a better Christmas, and they're talking about UK GAAP at the upper end of the range.
anyone bid question whether
We question whether anyone will bid for the company.
although argued gone perhaps rather since
New Look has gone well since going private, although it could be argued that perhaps it is doing rather too much at once.
business clear indication looks thinks volition
It looks as if he is going of his own volition which is a clear indication of where he thinks the business is going.