Good morning, it’s Paul here.
Mello London
David Stredder’s team have been working hard to put together 2 events, back to back, in May 2019. The location is in Chiswick again, which was an excellent venue last time.
Mello Investment Trust amp; Funds – this should be an excellent one-day event on Wed 15 May.
The line-up of speakers amp; exhibitors looks superb – lots of very interesting insights, I imagine.
Mello 2019 – the main, 2-day Mello event is back (also in Chiswick) on Thu 16 amp; Fri 17th May. Previous attendees will know how well-organised, friendly, and interesting these events are. As usual, Graham and I will be in attendance, chatting to all amp; sundry about shares! Hope to see you there.
Debenhams (LON:DEB)
Share price: 3.06pNo. shares: 1,227.8mMarket cap: £37.6m
Series of announcements
Let’s recap on the situation with this struggling department store chain.
Trading update (profit warning) – earlier this week, on Tuesday, the company issued a profit warning. To summarise it;
LFL sales still negative, at -5.3% in H1Discussions ongoing to restructure balance sheet (i.e. equity/debt fundraising)Statement from 10 Jan 2019 that trading in line with expectations…
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