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WIN £250: Play "The Credit Crunch: Death Pool 2"

BenF

BenF

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Following on from JUB's fabulous and universally popular Death Pool thread, I introduce the financial equivalent...

Which company will hit the wall first in 2009?

I predict: WH Smiths, Clinton Cards, Iceland

Rules:

* Shops must have more than 20 branches
* Must be recognised PLC/LTD companies
* No insider trading is allowed


The winner will receive £250 ($250) of Woolworth's/Zavvi vouchers.
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

Circuit City
Virgin Megastores
Waldenbooks

Lex
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

Woa woa there Ebenezer:

You're offering the same numerical amount in different currencies? Have you thrown exchange rates out the window, or are you trying to save a buck?
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

looseliam said:
Woa woa there Ebenezer:

You're offering the same numerical amount in different currencies? Have you thrown exchange rates out the window, or are you trying to save a buck?
Click to expand...

No, I anticipate that it will take a month for the winner to become clear, by which time....
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

Just like when I "won" the Death Pool.

:roll:

We are so over.
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

I was discussing this with my boss a few weeks ago. And I think one of the problems with DSG is that they are competing with themselves. I live in a small City (Population 21k) in Cornwall, and we have a PC World, Currys, Currys.Digital and a Comet. Three of those are DSG. Where is the logic in that? All selling the exact same thing... albeit slightly different stock ranges.
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

US Companies I'm voting for:
Pier One Imports (Chapter 7 Liquidation)
General Growth Properties--Mall Developer--Chapter 11 Reorganization
JC Penney, Sears Holdings (or both)--Chapter 11
Denny's Restaurants (Chapter 7)
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

^Really, wow scary! It's all coming true ;)
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

Dark Secret said:
ASDA, Tesco's & Sainsbury's.
Click to expand...

Not being British, I've got a bit of a disadvantage here.

Sainsburys is a possible RIP candidate; I don't have enough info.
ASDA is now owned by Walmart; unlikely they will go under although some locations may close
Tesco entered the US market last year (2007) and has been called 'Walmart's Worst Nightmare'; projected revenue growth for 2008, once the numbers are in, are 13.6% versus Walmart's paltry 2%. So I don't think Tesco is a candidate for life support.

Walmart is the #1 Global retailer; Tesco is #3. Unlikely either will fail.
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

BenF46 said:
Following on from JUB's fabulous and universally popular Death Pool thread, I introduce the financial equivalent...

Which company will hit the wall first in 2009?

I predict: WH Smiths, Clinton Cards, Iceland

Rules:

* Shops must have more than 20 branches
* Must be recognised PLC/LTD companies
* No insider trading is allowed


The winner will receive £250 ($250) of Woolworth's/Zavvi vouchers.
Click to expand...

Oh, you're sooo sneaky with the 20 branch rule!
My #1 prediction was Waterford Wedgwood; but they have only 19 retail stores! :mad:


Monday January 5, 08:23 AM
Wedgwood Heads For Administration
By Sky News

Fine china and crystal maker Waterford Wedgwood is to call in administrators, the company has announced.

The company, which employs more than 800 people in the UK and about 800 in Ireland, said it had suspended trading of its shares on the Irish Stock Exchange.

http://uk.biz.yahoo.com/05012009/140/wedgwood-heads-administration.html
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

Nortel
Chrysler
Oilexco
 
Re: WIN £250: Play "The Credit Crunch: Death Poo

I was very surprised to hear that they are closing Borders Books on 3rd Street Promenade in Santa Monica. It is such a busy location. The books are being discounted below wholesale during the closing
 
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