Member Info for AnacottSteel1

Shorts increased 0.15% to total 1.30% I’m not worried about that

CMC

https://www.cmcmarkets.com/en/news-and-analysis/can-thgs-half-year-results-stem-declines-in-its-share-price

Probably @steve even though Ocado sell lettuces. We are linked to every company thats vaguely similar and has negative results but we are never linked to any positives be that a company or indexes or stimulus or macro. We are at the point of total capitulation What comes after capitulation
It is something that analysts and big investors watch for because it can point to the bottom of a down market cycle, potentially signaling better days ahead. But it can be difficult to see it when it's happening and is more easily spotted in retrospect and I’m not selling cos I think we are at that point. £2+ in 2023 IMO

I can see them all rapping the results & doing some breakdance moves jumping onto the Lino.. ‘Hey yo I’m Matt Moulding and I came to get down I’m not internationally known but I’m known to rock the microphone’! (Orange She’ll suit and Myprotein sweat bands) SP 5p!

@HH no need to visualise it I’m living it 50p!

Nearly missed THG mention in The Times The Week Ahead section.

‘Rising inflation and weaker consumer spending are not ideal for the online retailer such as THG, which is set to report interim results. In April the former Hut Group reiterated guidance for annual revenue growth of between 22 and 25 per cent for the 12 months to the end of December. The shares are bouncing around record lows after falling more than two thirds since the start of this year. Analysts at Jefferies have forecast revenue of just under £2.6 billion for the 12 months to the end of December and adjusted pre tax earnings of £144 million, compared with £2.2 billion and £161 million last year. ‘

Yup @Oke it’s time to put up or shut up..

I can take another 3 days of water torture so long as they deliver on Thursday… last results Margin was the problem & FX & Whey were flagged as the main reasons since those results £ has collapsed against most major currencies (Yen an exception) and Whey has dropped 40%… Let’s see are we all wrong again?! Stroll on Thursday

They should @oke cos this can’t carry on & I think they are aware Thursday they have to deliver & Lord Allen & Moulding need to be front & centre to start the rerate…

Gonna be a cracking week next week Goldman who said potential high of 22% inflation next year now calling 10% peak this October!! BOE set to revise down. US inflation figures set to be lower again. £ $ hit 1.14!!! 19% of THG total revenue is from US. I believe THG has hit revenue and margin targets set & it will revise forward margins Up… Let’s see GLA ..

Reverse psychology

Sorry HH I never learn!! 5 Red days next week!!!

@2phevs I wish I had some more money to throw at this I’m all tapped out…

Should we Pray @Blinky?

Funny VIC was one of the shares I sold to buy more THG so both done as badly as each other. Mark Radcliffe the CEO bought 3 million shares in VIC for 96.5p in Dec 2021. VIC SP now 39p! It’s happening everywhere it’s mainly Macro so just gotta sit on your hands. Even if results are in line or slightly better this moves only 5-10p. When Macro changed this moves 50p +

We must remember a huge part of the SP is Macro & at the moment Central banks very hawkish large interest rate rises is the narrative but that will turn and turn soon as they are going in heavy 0.75 rises and they will no doubt overshoot and be cutting interest rates next year and guess what growth/tech is back in favour and you get 50% Maco swing! Annoyingly the BOE announcement on interest rates rise is on Thursday same day as our results and they will be rising by 0.50-0.75% which will be a downer for the market but already baked in. IMO

10MA 55.27p

The Goldy bounce continues….

@Goldy OUT Spike Coming Hold ON Here we GO!

Why waste energy on emails THG Ingenuity announced the use of carrier pigeons from Manchester hun to all of EU