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I notice today The Times is offering me 12 months subscription for just 1 pound a month - desperate for readers it seems
The bottom of a shorter trend like this is never just one day....it takes time.....so...it just needs a lot of patience to see through this period of downturn on a gradual basis
The Times is garbage - end of.
SoftBank will happen - shorts will need to close (slowly if they can) with bumps along the way. This is a NO brainer. Just hold, it will come good. Ignore all the non-sense posts on these forums with 'innocent questions' or silly views, they are paid (not paid much) little people who can't afford positions either way ;)
Look at the US markets - you think Shopify wouldn't want to buy THG for $10b if they could? Of course they would, but they know MM wouldn't take it, he believes it's worth more and so should you ;)
I used to like reading the Times but it's standards have dropped significantly. Would not pay for it now so thanks for the posters on here who put up relevant extracts.
lol NoTryToTry, you think I am paid to ask why we are down 30% in a couple of weeks. I'll get your tinfoil hat measured up I assume little and sent first class to the local loonie bin.
Anyway I am going to just investigate it myself more and figure it out. Again sorry that I irritated people by asking questions to understand. It looks like it has found its true value at £1.30 ish at least for now. Perhaps it lets the shorters out and then it will retrace?
Really hope MM comes out and funds a take over for you all. GL
IK,
I agree with asking questions and being frustrated. Terry Smith who holds unilever has spent the last couple weeks ****ging off their management, but hasn't sold.
This board has overseen the destruction of 85% of shareholders value. I'd worry about anyone who wasn't disillusioned with this level of management.
I'm holding as selling at this level (even with the board selling/not buying) imo would be wrong as it seems undervalued, and im already well down.
If I'm trying to stay positive, which is hard, then there are some potential catalysts coming up to drive this forward, so long as management doesn't mess that up as well.
AndItsGone, thanks I am pleased you understand that there was no malicious intent and it is logical right 85% ... is so much why wouldn't people be questioning things. When I get attacked for being a deramper that makes me feel like they are paid shorters trying to cover up questioning lol *(Kidding can't imagine boiler rooms existing for THG)
Anyway going out for the day, I will take a look at unilever as it hasn't come up on my radar before :) cheers.
Have a good day all £3 by Friday? :P
Kullamoaner
I can’t be bothered to answer your argument in detail
But it is so full of errors - eg everyone knows Thg has Warehouse in Poland, and you miss even this basis point
Reminds me of your basic lack of knowledge on coca vita and pack sizes…. Guessing you still remember that schooling I gave you son
Re: Kallumama
Surprise that Kallumama claims that he has put in so much efforts investigating THG, but he even previously said he didn't know how to find THG EPS information, and asked this board for help. Shocking!
Kall
You dont half talk utter drivel...and the daft thing is..you actually believe it is all of interest..
Sometimes "selling a story" is all it needs whether you are an accountant or not..
The story and the ability to bring talented people together to bring the story to life ...that is what someone like Jeff Bezos and Richard Branson did....they had an idea, a belief...which when they brought in talented people around them brought idea to life
Get a life...and stop all this relentless drivel
Kallu darktrace is led by an accountant, are they not a tech company?
No Kallu THG build and host themselves. They do all this for the client in-house. All through one phone call
THG manage the whole lot. The customer speaks to no one else. Under this company you’d have to buy and speak to salesforce and have another third party build an interface
So it’s not end to end and it’s not one voice.
You’ve also changed your point and ignored the last point of what I said. You were saying how there is no need for ingenuity how a company could do it itself and yet you’ve shown even more demand for the product of out of the box e-commerce. This example you give worsens your underlying point that ingenuity is pointless
I’ve said to you before (about 5 times now) ingenuity is marriage of tech and real world infrastructure. Want to do e-commerce any where in the world? THG Ingenuity can do it for you end to end in 12 weeks or shorter
You’re point was that companies can do this themselves just as fast. And you haven’t shown that
Re boohoo and the returns figure. Under normal accounting rules you don’t show cancelled orders as they technically never happened. The cost of the return is just in the p&l
Also why haven’t you modelled this for shoe? It would be material. Card Factory have modelled it will cost an extr £30m annually to run a proper online operation so there is a starter for you. They don’t have to deal with return or damaged stock though so you might want to model more than this
Please share your model
Also yes I saw you mention Belgium but that’s not near Japan.
" and it's easy for companies to do it themselves and build their own platform themselves with Open Source software "
You are just hilarious ....next you will be telling us you decided not to get the builder in ..but instead bought yourself some bricks wood and cement and just used a "Dummies guide to building a house extension" book
Pokerchips I looked on amazon.. its not there most disappointed.. when I saw that post to him I also thought hey that sounds like a plan! Lol
See this guy Is a genuine deramper not like me! He also thinks eroded press is the way forward lol love it. He will be scribing on stone tablets soon forget the Internet and computers lol
" Abacus is the best gift you can give you to your children "
Well half an hour ago Kall...it sounded as if sucking on a Twining tea bag was
No Kallu that’s not right shopify and Amazon don’t do the whole lot and they don’t do it as fast. That was the initial point. Also using a system integrator you can’t do in 12 weeks (it will take you a month or so to pick the right contractor to help)
So you found one example who can do what THG do (although there are still bits missing and they are not global)
Shopify, Amazon or yourself isn’t the full end or in the 12 weeks. This was the point and you haven’t disproved it
A system integrator and a company doing it themselves is far slower and a tonne of capex which again isn’t factored in
On returns Asos don’t give the returns number.
And what’s the cost of your business doing all this? And what the timeline? And then how would you go about doing the same in Japan? And how would you physically fulfil in Japan?
Let’s see how easy it is for your company to do that and in 12 weeks and without a penny on capex. I’ll wait for that answer
It’s what you do each time. You cut off a price either speed, price, international or capex. You can’t make any of your answers cover off all 4 areas so you conveniently cut one or two off
THG in Japan is a success! MyProtein is the number one nutrition brand out there. Don’t forget THG has cake and eats it. Not only can we sell the service of fulfilment into Japan and a localised offering. We also use that same system for our own brands. So in effect the fixed cost of running myprotein all the way into Japan will one day be free! How good is that!
Well, most posters on this BB need to stand back and take a long and unemotional look at how THG has fallen from over hyped "tech" business, to the current reality of a fallen star with little chance of trading its way out of this situation.
The City (Investing Institutions, not Investment Bankers who arranged the IPO) have good reason to stay clear, and will not forget . These Investment Institutions (Pension Funds etc.) have hundreds of billions of AUM, and their loses on THG will not even move the dial when publishing their quarterly reports. They will not throw good money after bad, and some will continue to discreetly undermine any attempts for rehabilitation. The City has a long memory.
As for all this talk (desperate pleading) for THG to be taken private, just stop and think about what that would entail. Nobody will put much more that a sliver of their own equity into any deal, and will look to borrow the bulk. This will require much due diligence before any bank will lend, and any consortium will likely require MM to stand down from any executive role. MM will be required to hang around as a consultant (he knows where the bodies are burried) , and probably be subject to an earn out deal.
All this corporate activity will no doubt leak, so there will be plenty time before any buy out will be publicly disclosed. Don't forget those disgruntled Institutional Investors who will likely play hard ball with the terms offered, and my well kibosh any deal.
So, IMHO, if your loses are not life changing then I would move on and put this one down to experience.
Wigan just out of curiosity how many THG shares do you own and what is your average share price purchase?
Your advice to all THG shareholders is:
'So, IMHO, if your loses are not life changing then I would move on and put this one down to experience.'
Just wondering if you could be looking in the mirror and talking to yourself? Until you come clean and tell us your position maybe you should move on and put this one down to experience :)
I don't own any. BTW, whatever happened to SB's cash injection in May for 10% of THG. Have you done the sums ?
Wigan you pie-eating muppet you just blew your cover. Why would you be so involved in THG when you don't own any shares? Why are you forcing your opinions on others when you have no interest?
It's like you've signed up to a wine forum when you don't drink wine, a rugby forum but you don't watch rugby, a big dick forum when you only have a little dick.
In other words, you do not belong here so move on :)
ROFL WiganWarrior said ' I don't own any THG shares' you couldn't make it up.
All that time posting all those posts and for what? Now yjou ust sounds like a weirdo.
Wigan thank you for making my day :)
Off to your warehouse job kullamoaner
Ever thought that maybe some people are lucky enough to live in any country other than the Uk hence time difference
For is even this too much for your prejudiced mind