The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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There are a lot of so called "Long term holders", on here that are just trading. They won't ever be honest about it.
I'm a LTH and I'm not happy with the update. The only division I have something positive to say something about is beauty...
Marketing/Sales as a whole for THG has been sub par. I'd cull the division - I'm a realist. Them results are not all positive, clearly published in a way to try hide key metrics. 1. Average order value down but much more improved macro economics from '23...
2. Why are we losing customers??? Why is no-one picking this up.
People should just be honest if they are trading.
Are you happy with the update STE?
Has it? What has changed to have such a dramatic effect on your behaviour? Apart from the fact you are just personally positioned differently?
Remember one should always have an open mind if the company changes its ways for the benefit of shareholders..
Hypocrite much?
One of the shorts was being very brave on Monday upping to 0.9%. No wonder Ste has been doing overtime. I think that position is going to get very expensive for that fund over the next 12 months 🤔 JMO Adyor
The tide looks to be turning and momentum could start to build in a positive direction for a change. 118p is the 12 month high just on a vague rumour last year about a bid from Apollo, this year looks different with some positive news flow, economic recovery and potential for interest rates to come down as inflation slumps from 11% this time last year to just above 3% now...Any suggestion of a spin off or rumour could easily see this quickly go past the 100p mark in quick order. JMO Adyor GLA..
We all have different perspectives, that’s what makes THG such an interesting share. I agree with Yorek that MM still retains the support of II’s who are taking a longer term view. Suspect they are all aligned on wanting to get off the LSE though. I expect MM to take out the free float in a friendly PE deal that allows existing II’s who want to roll to do so to roll, but not subordinated to new investor which was the issue with the Apollo structure. Couldn’t get that sort of deal done last year due to THG burning cash, hopefully he can soon. JMO.
It was much like previous presentations although in fairness to the CEO. I thought he did ok on the Q & A.
The SP does not improve on the jam tomorrow forward forecasting of a CEO who;
1. Plays silly games with last minute announcements which makes him look childish and just reinforces the perception that he is not cut out for the role making the company uninvestable.
2. Doesn’t take responsibility for the SP or oft poor numbers and engages in diversionary tactics to explain the exceptionally poor SP (shorts, Yen etc).
3. Has missed targets and projections so often that any future targets and projections are dismissed and therefore never lead to a positive sustained share price increase.
4. Refuses to provide a strategic update and allows a chairman to go missing.
The only ways out of this hole are to trade out and deliver positive numbers year on year and deliver profits or through a takeover. The latter won’t happen because the CEO and his mates control the shares and solidify their control through unjustified dilution.
The former will take years to achieve but is dependent on the removal of this CEO and the in office, but invisible, chairman.
This company is being held back by its CEO, he needs to resign and make way for a seasoned, mature and capable CEO with a track record of delivering good numbers, profits and a strong sustainable SP.
Until that happens, it will remain Groundhog Day for the company and its long suffering long term holders.
I’ve said it before, but will say it again…
If you are waiting for MM to be de-throned, then I think your chances are slim, as like if it not, I still believe he has the backing of most II’s, who know that patience is key. They also have the funds to stay the long haul. I also believe that in the majority, they believe MM is still the right person to run the show, as do I.
I also now think that a take-private deal is more unlikely than ever. I mean, if you were planning that, why would you share the details of a broker report, that tells you what you’re likely to miss out on in the future, if you sell your shares now. So, I feel like the future is likely to be partnerships and spin-offs, under MM’s rule.
Personally I have locked my shares away and like a couple of others, am happy to wait 5 years plus, if necessary, for what I believe will be big returns.
GLA LTH and goodbye to all those who are uncomfortable holding for whatever reason and decide to prioritise their mental and sell up.
LS11, I suggest you do a bit more research.
I suspect Darktrace reporting is very calculated.
Another company maltreated on the LSE imho.
MM mentioned the Darktrace and attacked the City. But today, you can see the sp for Darktrace and Thg. CEO's language is balance sheet and trading reports.
This says Kelso are leaving their results to the 30th April (their recent statement says BY 30/04):
https://www.sharesmagazine.co.uk/news/market/1713878778432486100/uk-earnings-trading-statements-calendar-next-7-days
@bacchusll, agreed. THG has made big progress around the efficiency of its operation over the past 18 months , and I believe will exceed forecasts on EBITDA/cash generation. Don’t see THG missing numbers this year.
Yes I’m sure. One bit of negativity is a win in my book for this publication.
WoW, 2pence down at the start! Oh, no. Quick sell because I’m scared 😱
Tuck these shares away for big gains when the cash starts flowing in over the two years.
Yorek, are you sure ? There was the paragraph to point out how much it has fallen which seemed like another dig.
💦🦑
Already 2p taken back from the high of 66. cant beat the wace, moulding just doesnt get it
They werent happy brining it down to 65 it seems
That’s a positive article for The Times. Thanks for flagging.
Just one point…Based on historic norms, the TU was not late….in fact it was on time, it was the results that were early.
Results & TU were delivered together on 18/4/22 and 21/4/23. This time we got results in 10/4/24 and the TU on 23/4/24.
My personal belief is that they are drip feeding better news, to try and have a positive impact on the share price…
Drop on open, courtesy of marshall