I'm Really Worried About Super Dry Annual Reports

Lenders are now looking at that whole mid-market brand sector and saying do we really want any exposure to this sector. In normal circumstances super dry would have had no problem renewing these facilities. It's balance sheet actually looks okay, it's genuinely seasonal lending which is paid off after Christmas so banks generally like that type of lending. But I think the banks are also very worried about their exposure in the macro picture. So I think super dry is too risky. Another aspect which I covered in October 2022 is that super dry there are some pretty appalling revelations in its annual reports. We all tend to just look at the preliminary results and we're missing this treasure trove of detail that's within