The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Yes licker you have missed something obvious. MM and co, are running a business that is trying to find the best solution to provide for the retail market, whether remaining on the market or private. We are just along for the ride, and once someone (not saying you) gets fixated on the shareprice, they either miss the opportunity to add in a growing business, or get desperate (not saying you) to cash in at the first opportunity. whether its £2.50 £3, or whatever. I am a customer of THG and really see the potential of D2C.
Customers are first priority otherwise THG is nothing.
BTW anyone again know why Form 8.5 are still being RNS'ed or am I directing my question to traders only here? (apologies if that is the case, I will try and find another route to my answer).
Commenting, Bill Behnke, Founder of The Behnke Group, said:
"I recently attended ASCO22, a major clinical sciences conference in Chicago, USA, where multiple meetings evidenced considerable interest in Cizzle Biotechnology's entry into the USA. Cizzle Biotechnology fits perfectly with the Behnke Group's mission to achieve better outcomes, lower costs and improve the health and safety of patients. We are excited to add Cizzle Biotechnology to our portfolio of game changing businesses."
REPEAT: "where multiple meetings evidenced considerable interest in Cizzle Biotechnology's entry into the USA. "
Looks like they have been busy in the USA. I understand there is a concern of about funding, but the forthcoming £1m from SGSC should be noted, plus I am sure there would be plenty of other suitors willing to fund the next stage without having to come to market?
Director buys now would mean currently nothing on the agenda and no close period. If no buys it should be seen as a positive, as there may be something still being worked in the background, and they don't want to be caught insider trading.
Secondly can anyone explain why we are still getting Form 8.5 RNS this morning? Even though both potential bids have been squashed. Is there still period of disclosure even after the confirmation from the two parties of pursuing? Or is there something relevant to Rule 2.8?
CIZ is now showing a lot of confidence in the price. Holding very well and threatening to go back above 2p at the least. As hard it has been for some, the price is a complete detachment from what is actually going on with the company. You can either moan at the drop or use it to add through price weakness, if reserves allow.
Never been more confident.
Absolutely agree given its whey protein concentrate (milk) 100% with none of the harmful additives others put in. 21g protein per 25g serving. As in a previous post I know a few who buy these in bulk and they are very satisfied. I can only see more sales down the line. Crazy as I am trying help someone gain weight, and made a deal I will supply a whole year's worth of MyProtein if this hits £2.50+ to them. As I have tried this myself I rate it better than most out there. Others are entitled to their opinions.
"People who lose money do so because they sell below the price they bought. Why? They pay attention to the share price & not the business. They get scared simply because the share price drops, ignorant of the business, it's valuation & potential valuation generation"
schalfenplanet, no one can give a time stamp my friend as to when the share price rises. However in its absence, one can either focus as the above paragraph states on the share price and get stressed OR focus on the area these guys are working within and realise its an issue which certainly as a business will urgently address namely lung cancer. For some this is still an opportunity, and the lower it goes and if funds available it becomes more of an opportunity. Totally with you on the point that if a share price is being manipulated, it means value or great expectations are expected. There is one in play right now.
So what you are saying in effect is that King Street who have Morgan Stanley working for them, have placed stooges on the BBs to play the system long and short, but especially short to get the price down to accumulate lower, all the while scaring the daylights out of weak holders who cannot make up their minds, or read, to exit? Once they have their fill they can realistically up the price to reasonable level above 170p all the while knowing it’s theirs as they now have the stock. All they have to do now is buy the shorts back to increase the holding further, or am I reading this wrong?
At the same time the danger to that scenario is that there are also other interest parties who will want to be making offers and will be accumulating, if they are serious, namely Candy ventures, or A.N.Other? This kind of puts a spanner in the works of the above first paragraph player, no? as it will kill their short positions.
So it makes sense why the price is bobbing between a range as we have a perfect storm of buyers and sellers pitting against each other right now.
You also have long term large holders from the IPO (Jupiter Fund Management) who will not just simply roll over and accept a large loss on their holding. They need to be appeased.
One thing is clear – a bid is odds on, but from where and what price it’s still early days. Personally cannot see it going for less than £2.50
On another personal note, I know people close who are buying the My protein range of foods and clothing like there is no tomorrow, and the special offers get snapped up quickly. That’s only in my own circle, then I think what would it be like across the earth?
From the Reuters article:
Aimee Donnellan she previously spent three years at The Sunday Times as banking correspondent.
Given the negative stance the ST have on THG not surprised with this article from an ex correspondent. They are doing their best to rubbish these potential bids. Anything to help the 'paymaster' They know their audience so fearmongering is not too difficult.
https://www.youtube.com/watch?v=AuvRgYfo-2s&ab_channel=XeniaTchoumi
would be helpful if I actually put the link in next time!
Believe Nick Candy sums up British Business Mentality V US in this video nicely. It can be seen clearly that instead of trying to build institutions on par with some US companys, instead the British media will bend to their paymasters (I will not mention their name, but they are rather a large Advertising giant who can swtich on and off the media budgets!) and burn down anyone trying to make a success, plus if they are not from within the inner circle city circle. Ther is no denying there has been an orchestrated attack on THG.
If you were a potential bidder you would be sweeping up as much as you can right now. The pattern of trading this morning is clearly being moved down from an initial top of 153p, in an organised manner to clear out the 10% traders, who seems happy to close out. All the while the potential bidder/s is sweeping up what is available and there is not much free float. If shorters are closing it only adds to the buying pressure for the bidder.
Once this area is completely cleaned out, the only way to gain further shares and voting rights, is to keep buying on the way up tempting the toughest of sellers.
The only thing to remember is we are on the verge of a weekend and even for the bidders there may be other bidders coming out of the woodwork over the weekend. It’s a storm brewing.
Bid 1: Candy Ventures Sarl ("Candy Ventures") confirms that it is in the very early stages of considering a possible offer for the entire issued AND TO BE ISSUED SHARE CAPITAL of the Company.
Bid 2: ?????
Bid 3: The Board of THG notes the recent press speculation and confirms that it received a THIRD unsolicited, highly preliminary and indicative non-binding proposal of 170 pence per share from Belerion Capital Group Limited ("Belerion"), together with King Street Capital Management, L.P. ("King Street") (collectively, the "Belerion Consortium") to acquire the entire issued and to be issued share capital of THG (the "Proposal").
So who is Bid 2?
Can anyone confirm?
I have Matthew Moulding on TIKR Terminal down as
13.60%
166,130,035
Date: 26.01.2022
However seen on Twitter (post from Toansy) that his holding is showing as:
14.98%
so based on the current total voting rights that would be 182,835,904.
That would be an increase of 16,805,869.
Some of the other holdings in that list alongside MM are identical or increased slightly. So on what figure has 14.98% been worked? as I had 13.60% asof 26.01.2022.
Goldman Sachs Asset Management Limited
Reported 20.01.2022
Shares held: 32,809,680
Total Voting Rights announced 03.05.2022: 1,221,200,967
Percentage holding: 2.6866%
Shares Held 05.11.2021 : 41185746
Shares Held 04.01.2022: 36497074
Goldman Sach Asset Management International as of 18.01.22
32,809,680
2.69%
SB Northstar Lp as of 05.11.21
80,621,797
6.6%
Do the directors not have an obligation to inform the markets in the best interest of the shareholders if an approach was made? Or is it only if an actual proposal was made? I believe that any official proposal would be price sensitive information and would therefore need informing to the markets. If it is just a rumoured rejected approach then where has this come from? and why two weeks later?
I see the WPP 'back of a fag packet' potential entry is getting more 'advertised' attention from the dying dinosaur paper media outlets then an actual business like THG which is up and running already. Yes I agree from the evidence there is an agenda from some quarters to see THG struggle. Very intrigued by the business model.
Further Research Agreement with University of York
Hopefully the day volume picks up from established buyers and not just day traders.
***directors
talks
interviews***
.com
A reminder interview 04.02.2022
https://www.***************************/cizzle-biotechnology-to-take-early-lung-cancer-test-to-3b-china-market-interview/4121050197
From 03.02.3022 RNS
Commenting, Dr Hui Wu, CEO and Founder of iCCAMT said:
" At a target price of about GBP100 per test, the total available market for tests based on the CIZ1B biomarker would be GBP3 billion. (Frost & Sullivan estimates the market size in China is US$5.7 billion).
I have asked LSE to remove the last post as it looks a mess. Hopefully the data is better spaced out on this one. Some information taken out of the last two RNS and collated. If anything is a miss or wrong please let me know.
Lexington Gold Limited Final Drill Results for Carolina Belle
Hole CRBC-02: 8m @ 1.07 g/t Au from surface to 8m
Hole CRBC-04: 4m @ 1.1 g/t Au from 8m to 12m
Hole CRBC-05: 4m @ 0.69 g/t Au from 16m to 20m
Hole CRBC-05: 4m @ 0.8 g/t Au from 40m to 44m
Hole CRBC-05: 4m @ 0.61 g/t Au from 56m to 60m
Hole CRBC-06: 4m @ 1.15 g/t Au from 52m to 56m
Hole CRBC-07: 4m @ 0.92 g/t Au from 20m to 24m
Hole CRBC-07: 4m @ 1.19 g/t Au from 36m to 40m
Hole CRBC-09: 4m @ 0.58 g/t Au from 24m to 28m
Hole CRBC-11: 4m @ 0.54 g/t Au from 92m to 96m
Hole CRBC-12: 4m @ 0.61 g/t from 36m to 40m
Hole CRBC-13: 4m @ 0.71 g/t from 44m to 48m
Hole CRBC-14: 3m @ 3.68 g/t Au from 64m to 67m
Hole CRBC-14: 4m @ 1.0 g/t Au from 28m to 32m
Hole CRBC-15: 4m @ 0.55 g/t Au from 20m to 24m
Hole CRBC-15: 4m @ 1.8 g/t Au from 28m to 32m
Hole CRBC-16: 4m @ 1.06 g/t Au from 20m to 24m
Hole CRBC-16: 4m @ 0.73 g/t Au from 24m to 28m
Hole CRBC-22: 4m @ 1.53 g/t Au from 48m to 52m
Hole CRBC-22: 11m @ 1.01 g/t Au from 68m to 79m
Hole CRBC-23: 4m @ 0.75 g/t Au from 24m to 28m
Hole CRBC-24: 4m @ 2.1 g/t Au from 64m to 68m
Hole CRBC-26: 4m @ 0.54 g/t Au from 40m to 44m
Lexington Gold Limited Final Drill Results for Loflin
Hole LFRC-002: 20m @ 1.52 g/t Au from 16m to 36m
Hole LFRC-002: 4m @ 3.01 g/t Au from 32m to 36m
Hole LFRC-003: 8m @ 1.32 g/t Au from 80m to 88m
Hole LFRC-003: 4m @ 1.45 g/t Au from 80m to 88m
Hole LFRC-006: 4m @ 0.56 g/t Au from surface to 4m
Hole LFRC-006: 36m @ 1.67 g/t Au from 20m to 56m
Hole LFRC-006: 12m @ 3.27 g/t Au from 28m to 40m
Hole LFRC-006: 4m @ 5.63 g/t Au from 32m to 36m
Hole LFRC-008: 12m @ 1.26 g/t Au from 16m to 28m
Hole LFRC-008: 4m @ 1.26 g/t Au from 20m to 24m
Some information taken out of the last two RNS and collated. If anything is a miss or wrong please let me know. Thanks.Lexington Gold Limited Final Drill Results for Carolina BelleHole CRBC-02: 8m @ 1.07 g/t Au from surface to 8m Hole CRBC-04: 4m @ 1.1 g/t Au from 8m to 12mHole CRBC-05: 4m @ 0.69 g/t Au from 16m to 20mHole CRBC-05: 4m @ 0.8 g/t Au from 40m to 44mHole CRBC-05: 4m @ 0.61 g/t Au from 56m to 60mHole CRBC-06: 4m @ 1.15 g/t Au from 52m to 56mHole CRBC-07: 4m @ 0.92 g/t Au from 20m to 24mHole CRBC-07: 4m @ 1.19 g/t Au from 36m to 40mHole CRBC-09: 4m @ 0.58 g/t Au from 24m to 28mHole CRBC-11: 4m @ 0.54 g/t Au from 92m to 96mHole CRBC-12: 4m @ 0.61 g/t from 36m to 40mHole CRBC-13: 4m @ 0.71 g/t from 44m to 48mHole CRBC-14: 3m @ 3.68 g/t Au from 64m to 67mHole CRBC-14: 4m @ 1.0 g/t Au from 28m to 32mHole CRBC-15: 4m @ 0.55 g/t Au from 20m to 24mHole CRBC-15: 4m @ 1.8 g/t Au from 28m to 32mHole CRBC-16: 4m @ 1.06 g/t Au from 20m to 24m Hole CRBC-16: 4m @ 0.73 g/t Au from 24m to 28m Hole CRBC-22: 4m @ 1.53 g/t Au from 48m to 52m Hole CRBC-22: 11m @ 1.01 g/t Au from 68m to 79m Hole CRBC-23: 4m @ 0.75 g/t Au from 24m to 28m Hole CRBC-24: 4m @ 2.1 g/t Au from 64m to 68m Hole CRBC-26: 4m @ 0.54 g/t Au from 40m to 44m Lexington Gold Limited Final Drill Results for LoflinHole LFRC-002: 20m @ 1.52 g/t Au from 16m to 36mHole LFRC-002: 4m @ 3.01 g/t Au from 32m to 36mHole LFRC-003: 8m @ 1.32 g/t Au from 80m to 88mHole LFRC-003: 4m @ 1.45 g/t Au from 80m to 88mHole LFRC-006: 4m @ 0.56 g/t Au from surface to 4mHole LFRC-006: 36m @ 1.67 g/t Au from 20m to 56mHole LFRC-006: 12m @ 3.27 g/t Au from 28m to 40mHole LFRC-006: 4m @ 5.63 g/t Au from 32m to 36mHole LFRC-008: 12m @ 1.26 g/t Au from 16m to 28mHole LFRC-008: 4m @ 1.26 g/t Au from 20m to 24m