Remember Comet Newbury, Now Tesco; chain sold off for 2 quid!! Options

[gel]

Early sign when our local branch closed:

http://www.dailymail.co.uk/news/article-20...igh-Street.html

[Guest_xjay1337_*]

So I could have bought it. Why didn't they put it on Ebay?

[dannyboy]

So I could have bought it. Why didn't they put it on Ebay?

You got £100million then?

[Guest_xjay1337_*]

Unless I've lost the inability to read it sold for £2. I have £2.

See?



I read the article again and still can't see how it would cost me £100 million. I also read they gave the buyers (who paid £2) a further £50m. So...that means I pay £2 to get £50m. Not taking into account any debts the company has, I would call that an excellent return on investment.

[Andy1]

Looks like Kesa were desperate to get rid of Comet to offer a £50m investment and also maintain the £40m pension fund. I guess the £2 was just to show the company has been sold on paper

[Biker1]

Unless I've lost the inability to read it sold for £2. I have £2.

See?



I read the article again and still can't see how it would cost me £100 million. I also read they gave the buyers (who paid £2) a further £50m. So...that means I pay £2 to get £50m. Not taking into account any debts the company has, I would call that an excellent return on investment.

You look like you just nicked them from someone's supermarket trolley!!

[Guest_xjay1337_*]

it's my casual "have week off work so won't bother getting dressed much or doing anything with my wig".

I must say after reading the posts on here about getting pound coins I did think of doing it but then realised I'd probably be blamed for all the ones I didn't do. I can confirm those £1 coins came out of my wallet and not a shopping trolley.

[Richard Garvie]

it's my casual "have week off work so won't bother getting dressed much or doing anything with my wig".

I must say after reading the posts on here about getting pound coins I did think of doing it but then realised I'd probably be blamed for all the ones I didn't do. I can confirm those £1 coins came out of my wallet and not a shopping trolley.

That's what they all say

[Guest_xjay1337_*]

I'm schizophrenic but I'm good people.

What would some people do with Comet if they owned it?

[Strafin]

The thing is; if you did buy Comet for £2 you would find out when you got home and find it didn't work, and that there were bits missing. You would not get a refund as they would claim you had already opened the packaging - even though that is against your statutory rights.

[GMR]

Comet's in Newbury was the best electrical shop in Newbury. The service was brilliant, and the staff was nice. You can't say the same about Curry's.

[Andy Capp]

The thing is; if you did buy Comet for £2 you would find out when you got home and find it didn't work, and that there were bits missing. You would not get a refund as they would claim you had already opened the packaging - even though that is against your statutory rights.

The difficulty in buying Comet for £2.00, is trying to leave the shop without being pestered for the warranty! That's assuming they have one in stock of course!