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If they hadn't had the postal strike, courier issues it may well have compensated for Ondemand drop, we don't know.

We all thought there could be a problem due to strikes but no one to my knowledge put this forward in their (sometimes lengthy) analysis ..

Agree, this is the conclusion I arrived at also (as posted), in addition they are careful not to agitate the issue by not blaming anyone in their update.

"The issue is why? Why did they fall short and the answer is due to the Royal Mail and courier strikes over the Xmas period. We received an Xmas card yesterday for example, that is how disfunctional our postal system now is - it was sent almost a month ago."

The footprint of those stores was by virtue of the storage space required pretty large, attracting sizeable rents that in many cases were presumably upward only.

Yet the world of retail has moved on.

Online has become as important a channel as physical stores and competition is fierce, particularly for a business like Argos that’s competing in so many product areas.

https://www.rte.ie/news/business/2023/0119/1349705-why-is-argos-leaving-ireland/

Absolutely, very small but it feeds on greed/fear (what do they know we don't) depending on which way the share price is going at the time.

Here's another example which raised one or two concerns amongst shareholders, the company (PAY) yields around 7.5% with a solid low risk balance sheet - its also at close to five year lows, why on earth would a hedge fund go short ?

The reason we see this info is down to the Rule 8 offer period otherwise investors would ONLY see Short Tracker entry, scroll down the RNS for

(b) Cash-settled derivative transactions

https://www.londonstockexchange.com/news-article/market-news/form-8-3-paypoint-plc/15803244

Investors keep ignoring the fact those entries on Short Tracker generally represent only one leg of a swaps contract.

So many posts leading up to the TU suggesting a short squeeze which raised investors expectations, should they not take some of the blame also ?

Yardley of London looks to be a new Ingenuity customer, of note is their commitment to a transparent and auditable supply chain.

Very old brand

https://yardleylondon.co.uk/responsible-supply-chain

It was a bit tongue in cheek Brewman, my best guess would be an increase across Nestle product range

https://www.instagram.com/p/B_FWhfPpVYH/?hl=en

Someone is putting the boot in, potential Ingenuity customer ?

Dr. Martens (DOCS)

“Over time, the benefit will be to underpin DTC [Direct-to-Consumer] mix expansion but in FY24, revenue growth will be impacted. These factors together lead us to believe FY24 revenue growth will be mid to high single digits on a constant currency basis,” the FTSE 250-listed company said.

Same applies to the media, it also scares off a lot of genuine investors both institutional and private as they take one look and head for the hills.

Its a phenomenon that I have highlighted before and needs consideration when assessing the investment case.
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## NEARLY 700 POSTS ON THE LSE BULLETIN BOARD YESTERDAY.

Share price ended down 14 points or nearly 23% yesterday followed by another 8% fall this morning. 31% fall at one point.

Of course there are many other variables that could be compared but it simply serves to highlight how different companies get a more favourable read than others and Hedge Funds tend not to target shares with limited numbers of posts

Last time we had IG margin conversations I checked both verbally and with my own account, no restrictions on either at the time so not sure where the confusion is.

Although we had a fair drop yesterday it does seem to be bouncing back fairly sharpish. Pre- Xmas saw higher volumes clearing out any residual overhangs, 50p seems like the floor.

Cheers HH, yes, I remember the charity RNS.

Mulling over yesterdays update, global Ingenuity contracts - I would assume these are linked indirectly to the US warehouse going live?

US warehouse automation live in Q1 2023; and

o substantially lower raw material buying costs (principally whey), with reduced buying prices YoY confirmed for Q1 2023.

Someone mentioned whey prices dropping again today, incredible reversal 38 > 36

https://www.nasdaq.com/market-activity/commodities/dy

Only 53m difference in market cap between THG and Boo, market affording a very lowly rating of THG (unfortunately).

That has to be embarrassing for the board, Shirley

Matt must be surrounded by people he has given shares to which are well below where they started, does anyone know if those gifted to say charities have any lock in clauses?

If THG could get a similar deal to the Ocado one for Ingenuity that would be fab, it would be a bonus if they took Ingenuity paper as well.

Ingenuity just needs to get rolling, at the moment its in a vulnerable position taking on new possibly large customer where maximum outlay is involved, up front onboarding investment for both parties can be hefty depending on client/services utilised.

Once it has momentum behind it these will be less obvious as revenue builds.

Overall a huge positive for Chinese equities I would have thought.

https://www.cnbc.com/2023/01/18/john-kerry-us-china-climate-diplomacy-could-make-huge-difference.html

Nice one davey, I must confess to waiting for someone else to post as never 100% sure on likely impact.

The case investment case for Hutchmed is really starting to take shape now.

Oxford, why not invest in Goldman Sachs instead?

The answer in 'so deep' doesn't cut it, if you think there is a better chance of recovery then that should take precedent.

Doh !

'pander'

Analysts calls are unnecessary on a TU, interims, finals yes.

Don't panda to the market.

The Q3 update on 25th October didn't anticipate delivery disruption which only began in earnest Nov/Dec.