Member Info for 1pencil

That's cool, didn't know that;

"that was the reason for the company seeking 0013 as its stock code"

This is the main link where you search by option 1, then enter '13' on next page followed by 'list all notices'

https://sc.hkexnews.hk/gb/di.hkex.com.hk/di/NSSrchMethod.aspx?src=MAIN&lang=EN&in=1&

Ashley has more cards on his side though, having a regular UK listing is one major factor, being dependant on overseas investors huge problem imo.

Couple more points;

Tight share holder bases with minimal free float

Long standing share buy back

This thing about the 'city' disliking Matt is just a narrative put out there to serve those pulling the string, the square mile went years ago, even if there was a 'city' click (this is another myth, they are competitors and ruthless in doing so) THG shareholders are all overseas ..

Look at the mess Jupiter got themselves into in a very short space, raising capital to add at 195p then selling down/out at a fraction of that months later.

There's a hazelnut in every bite ..

"SBG (SoftBank Group) is willing to monetise any asset at a reasonable price," Jefferies analyst Atul Goyal wrote in a note.

"It is a good sign for SBG shareholders, though it does not bode well for ... investee companies".

https://money.usnews.com/investing/news/articles/2022-08-09/softbank-steps-up-asset-sales-from-sinking-portfolio

Good volume, expecting an update from Jupiter this week so its possible they are clearing the decks.

Shorts are pushing their options deeper into the money, little completion until US stirs.

amones, although the delisting news had been around for some 2 years the market seemed to take note when companies started to appear on SEC database, markets were also headed down at the time so hard to breakdown which had most impact.

The Deloitte news is interesting as SEC fining a Chinese company under audit rules, if Chinese counterparts take this on the chin it could signal China is ready to accept SEC accounting inspections.

If this happens then investment and higher stock prices may return.

btw, 13 is considered lucky in China ..

..ahh a closer look appears to suggest Jupiter have in fact taken over another fund hence the TR1's

"As of 03/10/2022 Jupiter Unit Trust Managers Ltd became AIFM of Rights & Issue Inv Trust plc. JUTM has delegated Investment management of the portfolio to Jupiter Asset Managers. This disclosure is to highlight the change of Investment manager."

We should also get an update from Jupiter later this week, they seem to have been on a buying spree recently perhaps at the cost of retail.

Not sure about Chrysalis, bit more opaque.

According to the Wall Street Journal firms have already started moving to US auditors, also noticed the long date has moved back to 2024 from 2023.

https://www.wsj.com/articles/sec-warns-chinese-companies-about-risks-of-auditor-changes-11662493564

Could the SEC's fine of Deloitte’s Chinese Affiliate could be a first step towards acceptance of PCAOB rules, China seems to have accepted the fine without pushback, after all this is what the PCAOB is designed to do when and if implemented.

https://www.sec.gov/news/press-release/2022-176

https://www.sec.gov/news/statement/gensler-audit-firms-china-hong-kong-20220826

davey, agree, in for the long haul but could get a surprise along the way, strong pipeline built up over many years, unique access to Chinese healthcare market, Shanghai manufacturing facilities to be completed soon.

amones, start with annual report and go from there, Hutchmed web site has director holdings which is updated frequently.

This link will work fo today but you will need to reset otherwise it will only search up to today's date, the stock code for Hutchmed is 13

It should show M & G have just increased by appox 2m

https://sc.hkexnews.hk/gb/di.hkex.com.hk/di/NSAllFormList.aspx?sa2=an&sid=344192&corpn=HUTCHMED+(China)+Ltd.&sd=09/10/2021&ed=09/10/2022&cid=0&sa1=cl&scsd=09%2f10%2f2021&sced=09%2f10%2f2022&sc=13&src=MAIN&lang=EN&g_lang=en&
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davey, I am pretty sure on one of the calls that question was asked about US operations, no change BAU was the reply but please check to confirm
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US auditors have had boots on the ground for 2/3 weeks, we may here something soon although not expecting it to move the needle much unless global markets improve.

Hutchmeds stated aim is to become a global oncology company, it would take much to steer this towards a merger or buy out where they can see a faster path to this objective.

The board is well served with industry leading contacts, has to be on the table at some point.

It would be nice to see one or more actually support the company buying shares instead of take, take take which seems to be the norm.

https://www.hutch-med.com/about-us/board-of-directors/

With you, thanks !

Got me on that one Hosai, it looks like an empty conference hall with banners?

cheers

Ironically (I think?) this fund was also started 22 years ago.
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The MPF on average lost 21.5 per cent in the first nine months, the worst performance since it launched 22 years ago

https://www.scmp.com/business/banking-finance/article/3194983/hong-kong-residents-nest-eggs-shrink-hk56500-each

Sp, your post earlier on Ingenuity conference, do you have any further info?

cheers

There's the incumbent shareholder/founder holding a big percentage, that said the Hutchmed story has been going on for so long (22 years) there could be a change of heart there too.

Li Ka-shing is no in his mid-nineties, he too may see a better path merging with a European partner.

Consider the options open to retailers at the moment, perhaps I am oversimplify this but can only see viable path.

If you take the Covid pandemic as an example, there wasn't any middle ground it was a case of booking shopping slots way in advance and rationing of certain items.

The headlines we are seeing are just that, sensationalist but there is a core underlying issue with both climate change and soaring energy costs.

Of course it doesn't have to be THG Ingenuity there are many other platforms/distribution hubs out there, Ingenuity seems to have a very good offering and should see at least some of the traffic migrating away from bricks and mortar.

It has to be likely we will see a surge back towards online shopping, once the clocks go back later this month shops will start switching on ever earlier.

Its going to be very hard to light and heat an entire mall when everyone is being encouraged to save energy, as mentioned before the Cathedral like structures were never intended for this purpose instead more of a visual attraction.

I've sat around a candle before...

.. when it got really cold we used to light it..