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Abercrombie & Fitch Co. Message Board

bribeavis 4 posts  |  Last Activity: Jul 24, 2015 7:01 PM Member since: Apr 1, 2000
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  • bribeavis by bribeavis Jul 24, 2015 7:01 PM Flag

    Out of curiosity, has anyone here tried to buy the bond that was issued?

  • Reply to

    New insider Buys & Sells.

    by jpalczyn Jun 10, 2015 3:13 PM
    bribeavis bribeavis Jun 13, 2015 2:52 PM Flag

    I think u hit the nail on the head with an earlier you, I'm really starting to wonder who owns the 10% bond.

  • Reply to

    Just Hoping

    by jersey_warbler May 21, 2015 10:42 AM
    bribeavis bribeavis May 23, 2015 3:19 PM Flag

    Not sure I understand the negative response to my previous post. Was simply trying to point out that they have taken calculated risks in the past…obviously not on this scale though. At any rate, I think the lack of coverage and awareness of the whole Nathan's story, while good in the early days because it allowed a bargain stock buy, has turned harmful in recent years. The p/e far lagged the market p/e for similar growth stories, and there is now little scrutiny aside from individuals posting here. Was there a takeover offer? Did we miss out on a $110 buyout? I would speculate the answer is yes. All being said, I think shareholders deserve a little more of an explanation and transparency.

  • Reply to

    Just Hoping

    by jersey_warbler May 21, 2015 10:42 AM
    bribeavis bribeavis May 21, 2015 3:47 PM Flag

    Interesting that you bring up SMG. They took a big lawsuit hit, I think $5 or $6 million by breaking the contract with SMG. They may have expected this to happen ahead of time. It is now obvious that the lawsuit "hit" turned out to be a very good business decision since they have recouped their losses and earned a lot more as a result of the new Morrell deal. Obviously the costs involved with the recent borrowing are going to be much larger, but there is a precedence for this type of action by management.

20.09+0.19(+0.95%)Jul 31 4:00 PMEDT