It’s Unbelievable you can Buy THG @75p!!20 May 2024 09:45
With everything that’s happened & happening with the THG various deals, FCA imminent changes big boys will have to Buy THG & the Macro interest cuts possibly next month which is rocket fuel to the likes of THG add to that Shorts will look to exit I think we are seeing signs of exiting but it’s hard to do it on the low down, CFO buying £300k of shares, US hard sell, Beauty absolutely flying +11% last Q & that was with partial roll out of Biossance wait until we get a full 3 months of those sales added to Beauty (Biossance historically has generated global revenue of $300m and is currently stocked in more than 1,600 stores globally, including Sephora, Harrods, Space NK, Douglas and Selfridges ...)… You can buy this for 75p it IPO’d at £5 & is in hugely better shape now in fact the last few years has helped it become much leaner & I know I will get my £2.50 target just a matter of time… Don’t forget the £600 mil of Cash & undrawn facilities.. I wonder what price the 65% want probably more than my £2.50… GLA LTH