What company is next to go bust?

Killa_ken · 27 Dec 2008 at 20:00

[TW]Fox;13163907 said:
And let me guess, you are?

No I'm not either you idiot. That is why I didn't make some outlandish claim about a company going bankrupt.

Hxc · 27 Dec 2008 at 20:01

He should probably do some more squats.

Killa_ken · 27 Dec 2008 at 20:01

Hxc said:
He should probably do some more squats.

./

Duke · 27 Dec 2008 at 20:02

Killa_ken said:
This is the crappiest thread ever.

Yes.

Alibaba99 · 27 Dec 2008 at 20:03

blaze of glory said:
I reckon Smiths too. Not based on anything really, but I can't think of a single thing I would puposely go into one fot. Newspapers are sold at supermarkets, books and all the other rubbish they do. Ok, they may do well from passing trade at key locations but in my mind they have gone a bit stale, like woolies did.

WHSmiths have already had their wobble from the threat of the supermarkets and internet based shops back in 2004 and come out of that okay, sold off some of their none core business.

And they do pretty well with their Key locations. Most airports, train stations and motorway services for a start. Generates substantial passing trade.

Killa_ken · 27 Dec 2008 at 20:03

Duke said:
Yes.

I accidentally corrected it incorrectly with the firefox spell checker. Get over it.

SideWinder · 27 Dec 2008 at 20:04

Killa_ken said:
This is the crappiest thread ever.

Not a single one of you are in any sort of position to make even a reasonable guess at which company is set to go next.

What about those who work for the companies?

A clue, DSGI will not go down and if there are any problems, they will be bought out extremely quickly. Hold me to it. I work for them.

Killa_ken · 27 Dec 2008 at 20:05

SideWinder said:
What about those who work for the companies? A clue, DSGI will not go down and if there are any problems, they will be bought out extremely quickly. Hold me to it. I work for them.

tbh even if you do work for a company unless your way way up there your going to be pretty clueless. You might be able to tell us about how busy it is etc but the only people who know the real situation are the top guys.

daveydave · 27 Dec 2008 at 20:07

[TW]Fox;13163778 said:
hi guys in went into la senza today and couldnt find anything i would personally want to wear so i reckon they are going to go bust next. they also had a sale on which obviously means thats it, they need money.

haha finally someone on my wave length in this thread!

Mr^B · 27 Dec 2008 at 20:10

Killa_ken said:
This is the crappiest thread ever.

Not a single one of you are in any sort of position to make even a reasonable guess at which company is set to go next.

Wrong. There are plenty of companies who are suffering from a collapse of available credit, and it doesn't take a genius to figure out what sort of retailers are going to be hit hardest due to lack of the ability to buy on credit. ie. it's the companies who rely on credit, either for internal funding, or for purchasing, so that's people like:

Companies with liquidity problems (Woolies, Wittards)
Car manufacturers (Honda, Toyota, Subaru, Jaguar all in the press and in trouble)
DFS, MFI and similar companies, 75% of all sales are done on deferred 3 year interest free credit, which you will find trouble getting and will cost them a LOT if they do still offer it.

You seem unusually agitated today. Are you suffering some sort of brainal prolapse?

SideWinder · 27 Dec 2008 at 20:11

Killa_ken said:
tbh even if you do work for a company unless your way way up there your going to be pretty clueless. You might be able to tell us about how busy it is etc but the only people who know the real situation are the top guys.

Point taken however the store managers get fed more information than you may think, especially within DSGI. Anyone has access to every report and detail to be able to compare previous years etc. There is always going to be a huge demand for the likes of DSGI...some things people want to physically see rather than use the internet.

Beansprout · 27 Dec 2008 at 20:12

Skull said:
As far as I can tell Amazon are probably going to go bust soon, I'll explain why.

Amazon rely on credit to buy the goods that they fill up their huge warehouse with. But they can only pay this debt back when they sell the goods. My friend used to live near to the warehouse and he says that the credit crunch has taken a big bit out of their working capital and they can't afford to buy the goods anymore because the banks are collapsing and won't lend them money.

This is backed up because on the website I saw that on the 26th of December they started doing sales that were offering up to 65% off the price of items such as electronics, so I think they're doing it to get enough money to be able to sell off their shares and buy off their debts and so they're going to go bust.

lol

I bought more in the sales last year than this year (so far...), there's nothing out of the ordinary except more shops doing sales as sales = better value for customers which is v important at the moment, but also sales shift the stock nobody's bought during the year to make way for the new stuff. More supply = lower prices and so on.

Killa_ken · 27 Dec 2008 at 20:13

SideWinder said:
Point taken however the store managers get fed more information than you may think, especially within DSGI. Anyone has access to every report and detail to be able to compare previous years etc. There is always going to be a huge demand for the likes of DSGI...some things people want to physically see rather than use the internet.

Granted however I highly doubt there are many in this thread who have taken the time to research their opinions. They've probably walked into tesco saw it wasn't busy and decided tesco are going bankrupt.

Those who have done some decent research and provide sources and their documents to back up their thoughts are the only ones who I'd even bother taking any notice of.

Instead we've just got muppets playing chinese whispers.

Beansprout · 27 Dec 2008 at 20:14

Has anyone saying 'DSGi will be going bust' actually read this? Didn't think so

Caged · 27 Dec 2008 at 20:16

dangerstat said:
Amazon will not be going bust.

I see you're well clued up on this humour thing.

Killa_ken · 27 Dec 2008 at 20:17

Beansprout said:
Has anyone saying 'DSGi will be going bust' actually read this? Didn't think so

This is my point exactly.

TaKeN · 27 Dec 2008 at 20:18

Skull said:
As far as I can tell Amazon are probably going to go bust soon, I'll explain why.

Amazon rely on credit to buy the goods that they fill up their huge warehouse with. But they can only pay this debt back when they sell the goods. My friend used to live near to the warehouse and he says that the credit crunch has taken a big bit out of their working capital and they can't afford to buy the goods anymore because the banks are collapsing and won't lend them money.

This is backed up because on the website I saw that on the 26th of December they started doing sales that were offering up to 65% off the price of items such as electronics, so I think they're doing it to get enough money to be able to sell off their shares and buy off their debts and so they're going to go bust.

Thats the funniest thing I've read all day

CaptainComedy · 27 Dec 2008 at 20:19

I farted earlier. Made he'll of a noise, Im sure it sounded like it said harrods were next.

Must be fact.

Waiting for this myth of a BBC list

[TW]Fox · 27 Dec 2008 at 20:21

Killa_ken said:
tbh even if you do work for a company unless your way way up there your going to be pretty clueless. You might be able to tell us about how busy it is etc but the only people who know the real situation are the top guys.

I love the way you call me an idiot and then go on to offer your own opinions which pretty much mirror what I've been getting at in this thread all along.

Skull · 27 Dec 2008 at 20:27

You should have done more squats.