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What are LTH's long term targets for TED? £2.50 is mentioned by some valuing the company at c. £500M (which seems low to me given its historical value at +£1.5Bn) Is this because Tosca might wish to take it private?
I bought in July 2020 (but was a very old LTH 1998 to 2012 and watched it solidly build).
Starting to retrace a little now, i think the market this morning on this one was expecting a little more from Rishi.
Yeah great news.
looks like we have discount on business rates!!! that will save us a load.
Smashed 130p now...
140 next!!!
Reluctant to sell below £2.50 personally. Current £234 Market cap is substantially undervalued IMO given Ted’s brand awareness and global reach. Recovery can be sharp if Ted get it right. No doubt there will be huge business rate reform for retailers today. Online sales tax is a long way off and will take some level of intentional coordination to work. Business rates reform will go a long way in helping retailers. Wonder if the government have looked at some form of Shop Out To Help Out scheme....
I am in here at 97 and my target is 140, but as for what Rishi will do today i have a feeling he won't do nothing this time regards the retail sector, not something like an internet levi anyway, he might do something about business rates but i don't think he will put an online tax on.
170p is my target...
Yeah definitely driving a lot of confidence here.
My new target is 140p
Retail relief in the budget is driving confidence, no doubt.