The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
GBP also weaker vs the USD though. Possibly a good time for US markets to start increasing investments in the UK. Will be interesting for the Asia markets overnight. Last Friday when the $h!t hit the fan, THG was a hedge stock, and we're currently below the closing price on Friday and the 189.8 high of Monday.
But like pokerchips said earlier, not worth worrying about a few pence either way for THG right now. This is a long term play, although I'm also hoping for good Q4 update RNS on Monday and I'm also hoping to see indicators over the next 2 days that the market also expects a good report to come out soon.
When the FTSE is down, THG is usually up. Mind you, my US tech have been absolutely wrecked today so it could impact THG too.
Compering an undervalued UK stock to over valued over hyped US stocks (Nasdaq) is a bit amateur.
yeah I know
Mando,
Dow was 34,966 at UK market close. Dow finished at 34,022.
FTSE 100 futures currently down 112 points.
Plummeting? DOW closed down -1.34% today, although down -6.85% currently since an all time high from 4 weeks ago, but still higher than it was 9 weeks ago currently.
Sure I'd agree a small correction is happening currently (/has happened potentially) across an overly high priced US market, but I doubt due to Omicron. Probably more because JP said they will likely start tapering a few months sooner than previously suggested and because they no longer think inflation is transitory.
Moderna dropped -11.87%. You would have thought Moderna would have gone up if it was all about Covid.
Valueplay ye knock your self out with the media hype who keep reading the junk and follow the lemmings., were all doomed i tell ya. hahaha.
It's not shock reporting. Along with the newly found Omicron case in the US it is the reason the Dow is plummeting in the US as I type..
Also, like bloomberg just said, everyone knew this was coming. UK had Omicron for a few days now... So why would the THG be impacted further because the US has found a case finally.
Surely, potential more stay at home etail buying, so good for THG
Valueplay hahaha, is that the best you can do with some shock reporting, ye bout time you got a proper hobby. GROW UP.
But total deaths only 21 yesterday, with a 7 day average of only 30. Much lower than a month ago.
Also in a country where only 24% are fully vaccinated.
https://www.google.com/search?q=south+africa+covid&rlz=1C1CHBF_en-GBGB911GB922&oq=sout&aqs=chrome.0.69i59j69i57j69i59l2j46i433i512j69i60j69i61l2.1433j0j7&sourceid=chrome&ie=UTF-8
Omicron - Stats just released. South Africa covid cases have doubled in the last day
https://www.independent.co.uk/news/south-africa-scientists-covid-johannesburg-world-health-organization-b1968003.html
Why are posters so interested in other posters trades. Makes no sense to believe anyone posting. Each have their own agenda.. Do your own research and back it with a buy or a sell.
If you want reassurance take it from the likes of bigger funds who will have done full analysis and research..
https://portfolio-adviser.com/chrysalis-managers-add-to-thg-position-after-shares-slump-by-one-fifth/
Do not buy or sell on advice of anonymous posters. If you do that investing is not for you.
Pokerchips,
Re Omicron I said on this board "It's all about that Omicron risk. Currently I believe it will be worse than the market believes. "
FTSE futures have just plummeted as the Dow has sold off due to the first declared Omicron case being found in the USA. I may well be right there.
A very good time to have some funds in cash.
Valueplay
You are now waiting with regards Omicron, as you think the market is underestimating that it will get worse....remember ?
You dont know my position regarding THG ...
Pokerchips,
I am surprised by your comments. There are many trading strategies out there. We all are entitled to use whichever one suits us best. Sometimes I long hold, sometimes I take a quick profit/loss, sometimes I come out all square. The key for me is that over time I pick more winners than losers. This keeps my trading account ticking upwards.
I won't try and belittle you as you do me. You have a loss so far on THG. I have a very small profit. The story hasn't ended. Over time we will see whether holding THG or selling out was the correct course of action.
The share could be on the cusp of a big move upwards. I hope that happens for you all. I can only use my best judgement when I trade. Am following the unfolding THG story with great interest.
Best to all
Valueplay
your "strategy" is to watch the squiggly line on the screen and jump in when you think you might make a few pence...and when it doesn't go that way..to exit again in fear of losing...
All this about "value play", "reevaluated the pros and cons and believing that the market may continue punishing THG for the lack of clarity surrounding it's business" ....is all waffle ...as if all that "suddenly" changes over a mere 2p ..and wasn't there at 181p but suddenly is there at 179p
Stop pretending you have some hugely analysed system and there is all this deep "thinking " going on
...you are share price chasing ...now..just say so...
..... you might as well be watching "Play Your Cards Right" and guessing higher or lower ...because that is all it is based on
Good luck whatever you decide ..but...let's just say it as it is...without all the pretence added on
Cheers Mando. Am keeping the cash on the sidelines currently. Incredible times to be an investor. Intensely seesawing market sentiment daily. Value plays a plenty.
Good luck Valueplay. I was actually hoping you'd bought back at the lower price.
ryanf,
Cheers for the apology. There are many different successful trading strategies. You point to the possibility of missing out on spikes up if you dip in and out. Of course the reverse is also true. A share dips down and you can find yourself holding a share for long periods in the determined mindset that you don't want to take a loss. It can quickly create a black hole in a trading account which is filled by the hope/wish of the share price recovering.
One of the driving forces behind my sell yesterday was to generate cash for future investments. In times of market turmoil I like to have some cash on the side to exploit value plays.
Re THG it was always a value play for me rather than a committed belief in the business. I balanced up all the pros and cons and I believed the price to be an enticing opportunity. Personally I am very balanced in my view of THG. There are many negatives, MMs leadership, opaque nature of ingenuity, BlackRock selling half their huge holding quickly at a steep loss recently to name some points.
On the plus side THG is an innovative business, Softbank would have carried out extensive due diligence prior to investing. New variants of Covid should help THG to name some of the positives.
I sold partly because I reevaluated the pros and cons and believed that the market may continue punishing THG for the lack of clarity surrounding it's business.
Only down the line in hindsight will we know whose strategies have been successful. I continue to follow THG closely.
He also said he was thinking of buying into OCDO instead, which is today down 3%, so I hope instead he held off and actually bought more THG around 176p yesterday, which he correctly forecast would be the closing price to be fair
He bought at 181p and sold at 179p and the price is now 184.4, so he would have made3.4p instead of losing more than 2p including tax and trading fees, so there's a gap of over 5.4p per share or 3% (179 to 184.4)
Are you basically saying he could have made 2p rather than lose it if he had the patience? ;)
ValuePlay, just wanted to say sorry for my post to you yesterday. It's just frustrating to see that it seems you believe in the business of THG from your earlier posts, you invested at a price you thought was good, yet at the first moment that the price movement didn't go your way, you sold. I think 99% of people here believe that THG is undervalued at these prices, so my question is why sell out? I've been in positions where I had so much on the line, I was tracking the share price like a hawk 8am-4.30pm Monday - Friday. I would jump in and out of positions and I ended up losing more than I put in, and missed out on big price spikes, where if I just left the money in, I'd had made massive gains.
That's my 2 cents, you have your own strategy, but I have comfort in believing I've bought an undervalued company, so all I will do is wait until the share price is at the level I'm happy to jump out. This new strategy of mine has vastly reduced my market anxiety.
Best of luck and sorry again.