Member Info for chris1308

Apologies .. the price Equiniti charged for a drip share purchase was £ 17.79 on the 7 march 2024 ( not 2023)

Equinit ihave sent me details of the DRIP share allocated ... the purchasse price was £17.79.... this is an extorionate price as the share price on the 7 March 2 023 was substantilly lower.

Are the Monopolies commission looking into the abuses perpetrated by Equiniti who massively overcharge for every single thing whether drip shares or a lost certificate? .

SP often opens up strongly yet falls back as day progresses. Is there something at play here?

This morning its up 6% yet this will drop back no doubt.... just seems odd

Daverec makes a good point that the first offer is never the knockout price.

Still its unsettling there has been no further developments over the past week but great to buy in more and average up.

Big drop of over 3 squid seems tempting to buy some more. Market seems very nervous though.

Agree with you that a stock split would be welcome ....100:1

There can never be a sustained rise in the price of shares so long as BlackRock and custodians are allowed to short the stock.

It's a one way bet for the speculators( fund managers/ pension fund administrators etc) to loan the stock to the shorters ( ie their connected companies) ... the shorters drive the price down by rampant selling.

They then buyback at a lower price and return the stock to the pension funds/ custodians

Then repeat athe process again when things have moved on. Memories are short amd fickle.

After a while Rinse and Repeat the process all over

The only loser is you ! So they play this robbing game over and over , safe in the knowledge that the regulators dont bat a care nor move to stop this Shorting.

I expect the message will be drowned out with comments about efficient markets but the truth is markets are not efficient and individuals are being played and fooled .

Factor in the income tax on the dividend and your out of pocket .

It seems the best strategy is to sell before a share goes ex div. Then repurchase ina months time. In this market ie for over the past 20+ years the index has gone nowhere... equally the price of AV. He has stagnated.

So with all the shenanigans of the hedge funds and the wise AI traders, that the only way to make money is by fleecing the private investors who dominate the ownership... the big insurance and pension providers have deserted this corr upt trading place.

Good time to tap the market with a Rights Issue...price riding high and clear down large debt overhang..

Congrats to buyer of 295K u it's at half eleven. Spiked the price up... hopefully they know some good news that the market is missing

Seems tomorrow's bad news has been leaked early to the privileged few institutions.

that would explain the past few down-days

24 is the next support so another 10% fall before the rally AIMHO

I last visited this board and tried giving some advice only to have it knocked back. What I said is all coming to pass
So here's the prognosis for the best scenario IMHO
1. when this share hits 30p the coy will announce a rights issue at a much reduced price.
2. people will pile in .
3. the major player will within a short time take the company private and pay off the private shareholders / suc kers. Sorry but that's all you are to them - sad as it may seem.
4. there's no medals to be had for being brave and riding this share out. its a classic basket case. There have been plenty of other cases similar to this and no doubt there will be many more.
5. Best rule of thumb to bear in mind is when a share is in freefall as this has been , then get the f.out

When I wrote previously to say that this share has all the signs of being a disaster for the ordinary shareholders, there was a torrent of abusive replies.
I still hold that the SP will fall below 50p and the CEO will step in and take it private . There have been many previous cases eg amstrad .. simply milk the common shareholders . Even large companies such as Lloyd's: once the share price drops so heavily then the large institutions will never have confidence in your company or the management.
In the case of THG all the classic signs are there.... I wont spell them out but they include massive egos, derision for shareholders and treat them like mushrooms,
There is no bid ... the price is what the market will pay. Simple as that. The large institutions have left and wont ever be back. Take the money and move on
Chris
BTW to the rampers. ...keep your invective to yourselves

I tried previously giving some good advice to sell this share as it's going the way of all stocks that had their day in the sunshine.
Best you can hope for is an offer price in the 50s from MM ... entrepreneurs see investors as sheep. Judging by most commentors on this board, sugar was right. Get your eyes out of your pockets and see the obvious... there is no pot of gold with THG.... sorry

cannot believe the manipulation of the share price ... in fact the entire market is so clearly being manipulated on ' no news' that the only explanation is that the so called financial regulators are a party to the entire scam.
Im not saying they are but how can a FTSE100 stock rise and fall by a serious %age amount without any reason apart from profiting the manipulators ....
I'd be happy to keep buying the stocks but what's the point ? - just to see them drop furiously as the HF and the arbs squueze profits daily from the investors

Those old enough to remember Barrow boy Sugar who treated Amstrad plc as a vehicle for his own enrichment back in the day?
Well the shareholders got shafted good and the way it was done is a mirror image of the shenanigans in play here. The lesson is once a share drops from grace as THG has, then it's not going to recover ever...never ever!

This company will be privatised eventually for around 28p to 40p... just like sur allun bought out his quoted vehicle. And believe me it was only because the institutions stepped in and said enough greed and p-taking

ditto - I should have run for the hills once they got into bed with Am ec..
nothing but trouble then and lots more bad news to come I've no doubt

I know nothing about the THG so checked customers reviews on Google.
it seems this group have serious issues and rate lowly with customers. Surely that is a worrying signal .....
my interest in the THG is solely for a quick buck but I've a sneaking suspicion that all may not be well - are the customers reviews real - or a group of mal-contented people rubbishing a good company?

the government already collects around 80% in taxes ijn one form or another on the price of fuel (Duties , VAT , Corporation Tax , Employers NI, political donations etc etc) . So if fuel is selling at exorbitant prices then the government is already harvesting a bumper take.
Why is Rishi etc not acknowledging this fact instead of making out that the oilers are profiteering .
Instead the Labour party and the media are bleating on about the excess profits instead of focussing on reducing the rate of duty and VAT which the Government could cut immediately.
Seems like they just want to distract and penalise any company that is doing well.

the government collects around 80% on the price of fuel. So if fuel is selling at exorbitant prices then the government is already harvesting a bumper take.
Why is Rishi etc not acknowledging this fact instead of making out that the oilers and SSE are profiteering . Instead the Labour party and the media are bleating on about the excess profits instead of focussing on reducing the rate of duty and VAT .
Seems like they just want to decry and penalise any company that is doing well.

20% up will do very nicely ... fingers crossed!
It surprises me no end how often UK fund managers are at letting companies be taken over without a real fight..... Lazy or overpaid ? guess that's why the FTSE is still pretty much at the same level as it was 20 years back.

C'mon the Canadians - make the offer