Member Info for 1pencil

Interest rate cuts 'ARE on the way': Bank of England chief talks up hopes of relief for mortgage-payers as early as May hailing 'good news' on inflation - after holding borrowing costs at 5.25%

https://www.dailymail.co.uk/news/article-13223983/Interest-rate-cuts-Bank-England-mortgages-Bailey-costs.html

Good news if you have a global fulfilment centre nearby..

...wait a minute..

https://www.cityam.com/manchester-airport-could-add-16-3bn-per-year-to-uk-economy-by-2050-report-shows/

We now have interest rates cuts on both sides of the pond, HCM had a small spike on Fed news.

https://www.cnbc.com/2024/03/19/stock-market-today-live-updates.html

My own view; this will do more for HCM than any other factor thus far.

S&P 500 breaks above 5,200 for the first time after Fed keeps rate cut outlook

https://www.cnbc.com/2024/03/19/stock-market-today-live-updates.html

Fed commentary 2pm across the pond, bit of positioning ahead possibly..

There's a fair bit of recovery underway across the pond, FMC has just received an upgrade which is helping

https://www.cnbc.com/quotes/FMC

Novozymes (now novonesis)is doing very well, way past 12 month high

https://www.cnbc.com/quotes/NVZMY

Fed rate decision today, hopefully some good news there too.

Crafty, there's a number of changes being introduced this year around data collection, most notably the phasing out of third party cookies, perhaps companies are taking similar pre-action in this regard.

The wording has been updated quite recently;

'Custom Cart is a term used to refer to any merchant who has a custom implementation of their online store, as opposed to using the standard offering of a platform such as Shopify. Nike.com is an example of a website that would be classified as a Custom Cart.'

https://storeleads.app/reports/custom

Okay, it seems as though analytical sites are now categorising all sites without off the shelf 'shops' such as Shopify as ' Custom Cart' this would explain why Homebase is classed as such while using Ingenuity.

The change must have been global as it s affects even the US majors like eBay, now showing as 'Custom Cart' in fact most sites are this way.

https://www.aftership.com/store-list/top-100-ecommerces-stores

This is Custom Cart, it looks to be just a very basic front end with no fulfilment, doesn't look to have changed much since the 90's either ..

https://www.customcart.com/

It was fist highlighted here around Nov/Dec time, something had changed in the way data is being collected by web sites for forecasting/analytical purposes.

For example two of the major aggregator web sites no longer have THG Ingenuity listed, while others have little to no updates, of the new entries some are incorrect with THG own brands appearing on competitor sites.

Homebase are listed as moving onto Custom Cart in March of this year, to my knowledge Custom Cart do not operate in the UK, also when looking at DNS records it still lists 'THG Ingenuity'

https://who.is/dns/homebase.co.uk (click DNS tab)

Any techies out there who may know of changes, perhaps EU driven GDPR type initiatives ?

The other thought is maybe THG have pulled their data from being tracked.

Market is super fickle, the moment THG pay down debt rates will go down and the market will start criticising companies for holding cash, always happens.

The absolute worst thing any listed company can do is deviate from their strategy by pandering to analysts who lets face it, have no idea how to run a business.

..from a company that HCM is currently partners with, who have expressed a strong commitment to China, building out new offices and R & D facilities, not to mention oncology portfolio.

Two deals in one month..

The deal is AstraZeneca’s second this month after it agreed last week to buy Amolyt Pharma for $1.05 billion to shore up its rare disease portfolio.

The drugmaker will pay $21 per Fusion share, a premium of more than 97% to the U.S.-listed company’s closing price on Monday.

https://www.cnbc.com/2024/03/19/astrazeneca-bets-on-new-cancer-treatments-with-2-billion-fusion-pharma-purchase.html

List of funds, copy and paste into Excel adding up 'shares' column, this is only US funds so figure could be higher with EU/world trackers.

https://fintel.io/so/gb/thg

iShares $100b world wide fund

"Dwight, Fed's inflation data has come in hot, what do want to do ?"

"Screw, that, Matt's just put up a LinkedIn post "

Eric Wintemute, Chairman and CEO of American Vanguard, stated: ″We rebounded sharply in Q4 after having weathered the effect of global destocking within the distribution channel, the oversupply of Chinese generic products into multiple regions, and the unavailability of our most profitable products due to supply chain issues.

Increased demand during Q4 provided evidence that destocking activity continues to subside and that, even while showing greater discipline, procurement within the distribution channel is following more normal patterns.

https://news.agropages.com/News/NewsDetail---49527.htm

Re-elections are normally every two years for senior management, unlikely to be the same as last year unless special resolutions tabled.

The drop has nothing to do with a LinkedIn post, hot inflation data pushed back interest rates drops last wk, trackers will adjust accordingly.

Checkout the links posted previously on tracker changes, 5% of the stock is help with these funds changing constantly up/down.

Another step towards wider adoption for biologicals , PHC target markets to - crops such as corn, soybeans, cotton, sugar cane, coffee, rice and oranges.

https://news.agropages.com/News/NewsDetail---49526.htm

These JV's can pop up at anytime, Ulta is a good example - released their results this evening:

"We have evaluated various operating models and partners, and geographies, and we are excited to announce the formation of a joint venture with Axo, a highly experienced operator of global brands, to launch and operate Ulta Beauty in Mexico in 2025.”

Lets say Ulta wanted to move into Europe next.

Ulta results here, growth subdued but still moving forward:

https://www.businesswire.com/news/home/20240314247150/en/Ulta-Beauty-Announces-Fourth-Quarter-Fiscal-2023-Results

OSG, one possible reason is they can have up to three separate partnerships if needed, keeps everything tidy accounting wise - may even be a requirement for Premium listing, not sure.

Without looking at my notes, the term 'optionality' springs to mind, perhaps this was said on one of the analyst calls.

Jefferies have a long history with THG management, would certainly take onboard their comments with more weight.

https://www.londonstockexchange.com/news-article/THG/response-to-press-speculation/15918839