The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Run by a smart guy, who you never hear, much action little talk.
May be relevant, that we are in a wave/trend at the beginning.
Food Companies May Starve As The Weight-loss Market Expands (1133 Gmt)
The stellar success of weight-loss treatments has taken its makers to new heights, with Novo Nordisk briefly becoming Europe's most valuable company as surging demand for its blockbuster drug Wegovy fatten up the pharmaceutical giant's profits.
Analysts don't see this trend going away anytime soon, with Jefferies expecting enthusiasm for drugs in the same class as Wegovy to snowball into a $100 billion global market over the next ten years or so.
However, this spells trouble for other sectors, particularly for the food and restaurant industry, as Wegovy and Eli Lilly's Mounjaro, which is still awaiting regulatory approval as an obesity treatment, are designed to reduce hunger.
Investors have already started cutting exposure to the packaged food sector, with Nestle shares slumping to a 2-1/2 year low on Friday while peers Danone and Unilever also took a hit.
"It is just that people now started going after food companies – took a while, but this is the stage we are in currently with Wegovy as a game changer in obesity," a Berlin-based trader said.
In the United States, big-ticket retailer Walmart also sounded the alarm, telling Bloomberg it has seen a slight pullback in food consumption due to the appetite-suppressing drugs.
Shares of Walmart are on track for their third straight week of losses while burger chain McDonald's is on track for its sixth week in the red. Cadbury-maker Mondelez is eyeing its biggest weekly percentage decline in over a year.
"There (is) some research that says that there could be a 20-30% drop in hunger for people who are taking these drugs and that certainly means that cravings could come to an end. So all your burgers and pizzas and pastas, those kind of players could be affected," said Charu Chanana, market strategist at Saxo Markets in a video series hosted by Saxo in late September
Funny init
Apparently the Last bid incoming came on a Monday morning. I'd be beside myself if Sunday Mark put out a tweet.
This is what I meant hahaha 😆
https://www.proactiveinvestors.co.uk/companies/news/1028960/thg-share-price-could-nearly-double-reckons-bank-of-america-1028960.html
You know the feeling you get when on Monday morning MM has announced a£2.85. Taking it private deal.
Nice find
This the time MM needs to get knocking on Tescos door 🚪, his platform is up and running, unless he's scared of rejection, it would be an amazing tie up. Let's see if he's got what it takes. Or maybe he has???
Does anyone else get the strong feeling that the ceo, may be suffering with tourettes? Seem to yell out cobblers that collapses the share price every time . Or is this just a sp'stic co to be invested in?
Is it just a matter of time that My protein is recognised.
https://www.telegraph.co.uk/health-fitness/nutrition/diet/why-youre-not-eating-enough-protein/
After reading that article, it's just possible it may turn sentiment, from being a dog 🐕 with fleas, to ugly duckling, to swan. And with all the the other positives, amazon may get a whiff of potential. Anything could happen in a blink....
FCA bent in the pocket of spreading firms especially from experience sh itty index. Never deal with them. MM will be on the stake if he fails, next week. Personally he's sold the shorters a pup. Wait and see 👀
The buck stops at MM, if he delivers he'll be a hero, if he fouls up yet again he should go, because having the same results banging your head on a wall expecting things to change is madness.
Baz....now one can see the rejection of the 2 bids. The potential of another Amazon...With the addition spice that Amazon may be actually putting a slide rule over THG. Would be easy for them to prise MMs baby away. 👶
SHORTS have reduced. .59%
Isn't this what THG do...https://www.fool.com/investing/2023/09/06/forget-amazon-1-top-growth-stock-to-buy-hand-over/
He could take a chance and bid but can't make it too low say £1.70 because there will certainly be a 1 or 2 counter bids, last few days market makers forcing the hand of small investors. They can foxtrot Oscar because the bounce nearer the date of results will be interesting to see. But a far higher place than today. IMHO
If MM offered £2 Or £3 quid, he knows they're worth £9, guys this is his families baby. It's going to take an Appolo type investor to realise a fairer offer hopefully in a bidding war.
I personally suspect anything that will require an rns will be leaked over a weekend. Hopefully so the shorters will be fried.
Exactly we've had pain for a while, if the jigsaw comes together the alleged 2.50 bid a few weeks ago will look pathetic, But the rise won't take long to fly past 2.50 5 6 7 plus and most people here will be made for life. And it's not pie in the sky. GLA
74 p to sell £1.45 to buy? Tons of stop losses raped?
As my friends in the Caribbean would say Qube get the lube , your going to be mashed up on Monday...
All we need on the weekend is an approach and headless chickens comes to mind in the qube offices on Monday Morning or is it Mourning..
100k , that's impressive.
Plenty of good buys going through atm, would not be surprised if not back to £1.05 by Friday. Sit tight. GLA