to sell or not, page-5

FYI perennial has recently sold out completely im pretty sure.They have provided constant pressure on the share price and interestingly since selling out the sp has rallied a great deal. I think the big events coming up for bbg is asset sales rather than turning businesses around (that will take a long time). I think it is faur for laura to say that she has not been able to pursue asset sales or 6 months as they were undr takeover. they could get at least 80m plus for the Canadian business. This would also reduce there lease commitments which are a major issue with stakeholders. Remember that it sold 48.5%of nixon for 285m they could easily sell the rest but i dont think they would want to cos it is an excellent brand. there is talk that they are looking to sell rvca for50m and dakin for 100m. They also have the option of selling there stake in surf stitch which is a high growth business so thy should be able to get a bit for this. So if they can sell Canadian retail west 49 chain plus a couple more businesses that should go a fair way to paying down the 280m debt and they wont have to issue more shares...and maybe even trade on a pe of around 8 times. wouldnt that be nice!!!