Member Info for 1pencil

Its just too obvious what is going on, laughable really as the city tries to keep a straight face.

Volume dried up in the last week or so, difficult for prop traders to make a crust being dependant on volatility.

Flim flam meter highest ever reading matching UK temperature lol, filtered posts another record..

These moves by prop traders to squeeze out margin holders are aimed squarely at retail holders, nearly 200 post of this forum demonstrates the interest and concern, multiply this by X

It has no impact on funds apart from obvious portfolio valuations, US might help stabilise things a bit.

We know Barclays were trading THG long/short from the rule 8 notices, not that there is any suggestion the two are connected ...

https://finance.yahoo.com/news/hutchison-china-meditech-hcm-upgraded-160004212.html

Its not what the market values THG at, its what the prop traders can get away with, don't underestimate 'first in' etiquette observed within market making circles

China seems to be moving away from the old ways and almost embracing a more capitalist structure, Hang Seng had a good move based on government stimulus aimed at the faltering housing market.

https://www.scmp.com/business/markets/article/3185617/hong-kong-stocks-climb-developers-pace-rebound-traders-betting

HCM seems to have lost its way almost becoming institutionalised, management keep reeling out Power Point slides when asked in return for huge salaries, and yes, they probably are industry standard but that doesn't make them acceptable imo, share holders on other pharmas have been objecting also to such excesses.

Lets see if there is a spark to accompany results (along with the mandatory PP presentation : )

Knowbodyyouknow, I would be interested if someone has Wace's profits for last couple of years, always struggle finding data for these hedge funds

Miniscule volumes, looks like Wace closing courtesy of Qube, ohh the irony lol...

What happened to your board contacts that you posted about, appreciate CH has gone but the others ? The posts I remember always spoke very positively about their leadership which normally resulted in you buying more shares.

It's also likely there is another reason perhaps corporate activity, merger possibilities the industry is hot at the moment in this respect and HCM need to deliver something material.

Investors must be getting impatient after all of this time and so much capital expended, the parent company isn't doing all that well either not that HCM would make much of a dent anyway.

What I do find interesting is Goldman's purchase, may be they have been holders before but this is the first to my knowledge, also buying without any obvious catalyst ahead of results?

Couldn't afford to let a profit slip away, plus my disappointment with management here came into sharp focus when newly appointed Chairman at THG purchased 1m GBP of stock, my funds followed.

Goldman's buying into HCM is a big positive for me, must be doing something righto attract such high profile investors.

Wace closing a few as expected..

Competition for stock at these low levels.

If the props can buy enough shares having pushed the offer down, set to make 10p per share on those sold to Chairman

Yes, they lose the odd 30-40k to investors like me but that small beans in the scheme of things.

Cheers for the updates 2phevs, v useful to catch-up on days events.

I take it you didn't get a reply to your email then NoS, lol

Small Pi's have little impact that's why I hoped the appointment of Atlantic chap would promote change, cut costs ect..

Goldman's seem to be trading the stock, always take note of what they are doing.

Sold well over half as unimpressed with managements lack of interest in supporting the company, chap from Atlantic has done nothing to help that's obvious.

it reminds me of those old shop front displays where the first letter has dropped off, in THG's case the number '6' ...

(lets hope the '5'' is glued on a bit better lol)

I KNOW FIRST HAND THAT OUR PRODUCTS ARE SOURCED FROM THE FINEST QUALITY INGREDIENTS AND PRODUCED AT THE BEST FACILITY IN EUROPE.

— Lucy Gorman, Myprotein CEO

"WORLD-CLASS PRODUCTION

We’ve invested in state-of-the-art machinery to ensure we have a world-class manufacturing facility that’s the best in Europe.

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https://www.myprotein.com/about-us/quality.list

Just to put things into context, when THG released their f/y results on 21 April 2022 whey hit a high of 1.448 euros per metric ton.

It's now 950 euros per metric ton, back to 2021 levels.

---------------------------------------------

Extracts from 2021 full year accounts, commentary accompanying results.

"Adjusted EBITDA of £161.3m, at a margin of 7.4% (vs 9.3% in FY 2020) reflects FX movements, company investment in talent and infrastructure, increasing raw material costs (principally whey), and freight costs which saw a marked acceleration in H2 2021."

"The full year effect of anticipated improvements primarily expected in the second half across whey commodity prices, business model efficiencies driving improved operating leverage and increased Ingenuity Commerce revenues, all support continued margin recovery in 2023 and a return to 9.0% to 10.0% adjusted EBITDA in the medium-term."

"Our medium-term margin confidence is supported by the transitory nature of a proportion of the cost inflation pressure, particularly concerning whey input costs which we expect to stabilise in H2 2022; the partial offsetting of non-transitory labour cost increases by automation; and increased revenue participation of Ingenuity Commerce which is margin accretive."

https://www.investegate.co.uk/thg-plc--thg-/rns/fy21-preliminary-results-and-q12022-trading-update/202204210700068357I/

This is all flim flam (imho), prop traders doing what they do, handover trades after UT maybe Wace closing a few.

Whey prices down 7% in one week, solid news.

Wednesday 13 Jul 2022
930 -7,00%

https://www.clal.it/en/index.php?section=siero_olanda