Member Info for B1nky

this is languishing in the 130s with 2 bids potentially on the table. you can rest assured that if they dont materialise, this is going straight back to 70 for the foreseeable future!

xxx accountant.
it doesnt trade after hours. trades that take place during the day get reported after hours.
it traded most of yesterday above 140, so the reported trades were those.

That’s a bold prediction. It closed at 139.

The price is telling us that the market now realised that the two bids so far are a nonsense. One hasn’t even materialised and the other is too low so as not to be taken seriously. Both are from mates of MM.
Maximum upside is 250p. There’s a distinct possibility that MM can’t raise the extra funds or institutional investors won’t accept his bid. In which case, back to 80p we go. So as I’ve been saying, the price will hover around this level till we get some news.

The conclusion from all the sensible posters over the weekend was that MM would wait for all the bids to be made (probably around the £2 level) then heroically trump them at 225-250p in a seemingly generous gesture, helping out the smaller shareholders. The new chairman will have overseen a legal transparent bidding process.
I still feel that this is the extremely likely outcome.
Over the weekend there was also some overexcited, overhyped posters that delusionally have talked themselves into believing that the end price will be north of £5.
I am sure that I will come into huge amounts of criticism for airing my, more rational, opinion.

Ive revised my take out estimate to somewhere between 255p - 260p

DavSen
Im not "pushing" for 250, I would absolutely love it to be higher. just being realistic!

Kanto
Actually, they seem to be. There's a veritable queue of bidders forming.
????????????????

Why would shareholders sell for a little over 1x Revenue? Who among them is that desperate for money? All they need do is wait a year or two and the SP will have recovered organically far beyond 250p.
over 6 million shares have been sold so far today! at much less than 1 X revenue!

DavSen
Oh No, ive been rumbled!!
Who are "they"?

Everyone saying 250p is cheap cheap cheap. The shares are languishing at 145, no one is falling over themselves to buy them. So not everyone agrees!!!!

I agree. If you look back at my posts, I said with no fresh news it will open unchanged.

https://www.thisismoney.co.uk/money/markets/article-10840093/Matt-Moulding-offer-3bn-ecommerce-business-THG.html

When the press says city sources say a bid battle about to commence - going to £5, we all believe them "Great journalism!"
When the press say city sources say MM would accept 250p - "Utter crap!"

https://www.retailgazette.co.uk/blog/2022/05/thg-boss-moulding-would-accept-3bn-offer/

KBYK
its all speculation. Candy hasnt bid 200, in fact he hasnt bid at all.
MM hasnt bid.
The only bid is 170p which has been rejected.

Very disappointing up 1.6%. BOO up 3%.
I suppose MM saying he'd accept 250p caps the upside!

And only seeing buyers since.

Deos. Funnily enough, I added on Friday at 145, last thing!!!

Unchanged!
As nothing has really changed. Until next RNS.

Licker
“ I'm spoilt for choice on the idiot of the week award”
I’ve got a few, rather obvious, candidates to suggest to you for your consideration!!!!