Member Info for 100notout

I think the little trouble maker (Mr paratrooper) who started all of the rumours should be sued.

B1nky

I respect your views and you may be right. I think that these boards are better when sensible debates are had such as this.

I hope I'm right for the sake of the shareholders in THG.

I'm off now but I hope the rest of your weekend is a great one.

The stock market is one of the most rigged markets going. I can't borrow Picasso's and then sell them thinking I can then buy them back say 6 months later at a twenty percent discount. Equally you can't do that with property. I think landlords would be a bit miffed if a tenant sold their property thinking they could buy it back when the two year lease expired. The market pricing on the stock market is therefore not efficient but manipulated. I respect MM for pointing this out as so many other Ceo's are too afraid to do so.

I disagree that the stock market is a more efficient pricing mechanism. The price of say a Picasso is far more stable than say most traded stocks. A particular painting is not going to be worth £50,000 one day and then a year later be worth £5m and then back down to £50,000 and then a year later back at £5m. Look at ASOS for example how it has spiked up three times and then come back down. I would say that the stock market is a highly manipulated pricing mechanism dictated by emotion rather than logic. My logic is telling me that THG is worth over 200 and not the current 97p but that is just my opinion. This example given maybe somewhat basic but sometimes in the stock market we are not talking time periods of months but in weeks and even in days. Valuation metrics can also differ hugely to which exchange a company is listed on. How many times do you read on these boards that perspective companies would be valued a lot more if they were listed in the US than say London!!

A potential buyer will pay what it is worth to them without regard to the current share price. Companies share prices are often manipulated and don't reflect a true value. Some companies are grossly overvalued and others are conversely undervalued.

I buy paintings from auctions and the auction houses have specialists in different departments and they will evaluate and give estimates of what they think a given painting or object d'art is worth. Just like brokers give share price targets. More often than not the items for sale go between the auction's estimate but there are occasions when items don't sell and other times when lots can go for multiples of the estimates. I look at the guides but If I'm interested in something I will bid to what that given painting is worth to me. In instances I have paid 5 times over the estimate. Does that mean I have overpaid for an item! No because there was an underbidder who equally saw value. The same can happen here. If there are two or more interested bidders the price could well exceed values that some on here think THG is worth. If a share price is 97p there is no scientific or mathematic equation saying it can't go for more than 100% of this price. We know the share price has been lower and a lot higher. The current price is worth what it is today if you wish to sell today but it is different from the true value. Potential buyers will have an idea of what THG is worth to them. My personal thoughts are for a first offer of 200 plus and if we have two or more interested parties which I think there will then this starting point could look extremely conservative. If the market doesn't give a proper valuation then it's only a matter of time before a potential buyer does.

I'm not really interest in a few pence here or there. How about £2+ in the next few months.

With all this talk about false Bloomberg articles and margin increases on IG it would seem that someone wants the price lower.

You have to ask yourself why have IG are not taking any more spreads on THG. They are like bookmakers at the end of the day. They know something is going on with THG and they don't want to take on new bets on a dead cert.

Perhaps the journalist was given a nice brown envelope from a hedge fund or a potential buyer.

They might not but it doesn't mean others won't. Apollo were told to foxtrot anyway. My Money is on MM taking it private.

It would be good if they could get government contracts for the ice cream in hospitals and schools. It would be a good way of bringing down obesity. Just a thought.

Typical self serving Guff from a short.

If peace is negotiated in Ukraine imagine what that will do for companies like THG and ASOS. Interest rates, inflation and bills will fall and consumer spending will increase. If this were to happen then I would expect an offer over £3. The general market will increase substantially but retail stocks will rocket.

I think that is why he gave up the GS earlier than planned too.

No doubt his offer will start with a 2. I have a feeling that we won't have to wait too long to find out.

I wouldn't be surprised if a certain PE house is using hedge funds to keep the price low thinking they will pick it up on the cheap. The funny thing is that MM will probably take it private so that is the ultimate two fingers to the city mafia.

MM is planning something and we shall find out soon but his recent overseas visit and now the selling of his property portfolio looks like he has plans to take THG private.

Perhaps MM is raising funds to take THG private. He's going to get the money from somewhere if he's going to pay £2 +.

We have a beaten up stock market because UK pension funds only invest circa 2% of the funds in the UK. Not that long ago it was in the 50's. Add in hedge funds to the mix shorting and the press working for them it creates valuations that are ludicrous.

Perhaps government intervention is needed for a minimum investment by UK pension funds (circa 30%) to invest a minimum amount in British companies after all it's to the benefits of the workers whom are paying into the funds. Companies could expand, employ more people and pay higher salaries. It seems though that the pension funds would prefer to invest in overseas companies such as Amazon. How much tax do they pay in the UK? What is the average salary they pay in the UK? It would seem that the UK has a self fulfilling prophecy to beat itself up at its own expense and even more so post Brexit.

There is so much talk today on various boards that UK companies should list in the US instead in order to have better valuations. This is not the answer or the fix as If this happens the city will die and what will that do the overall UK economy. It pays sometimes to be careful for what you wish for. Investors need to have horizons over years not days or weeks.

I think that's sensible as it gives KOD some headroom. I would have thought that everything should be in place next month but it's best to err on the side of caution as it is Africa we are dealing with.

It's probably because there is only one broker on at under 0.6. MM's playing their usual games.

Even if the news doesn't come by Friday but perhaps in two weeks it's hardly long in the scheme of things. Well its not for some of us here whom have held for years.

With potential news imminent which could propel the share price in excess of 1p it's a dangerous game to try and get them cheaper especially with the large MM spread but good luck to you if you can. I'm holding firm.