Member Info for Darth_Tradr

Does seem to be a correlation between the Q&A and the sudden drop. It fell off a cliff - suddenly. Until then it looked like it would break upward.

Call was at 9am.

Agree though, one or more of the whale folks jumped off that call and ran for the hills. Interesting to see what coverage there is of today's happenings - if there is any.

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THG Shares Jump on Record Sales Despite Lingering Risks

THG shares climbed after the company reported a strong second half, with record revenue and faster growth in the fourth quarter, driven mainly by its Lookfantastic beauty platform and Myprotein nutrition brand. Management highlighted growing market share, expansion into new product categories, better pricing, and an increasing presence in offline retail stores, all while keeping profit guidance unchanged and holding more than £330m in cash. However, investors remain cautious because of planned disposals, the complex Ingenuity demerger, high debt levels and ongoing losses, which together keep financial risk elevated and explain the more mixed overall market response.

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https://www.tipranks.com/news/catalyst/thg-shares-jump-on-record-sales-despite-lingering-risks

That's fine, @guird, but still find it difficult to reconcile today's update with a 5% drop. Particularly, given it was (perhaps undeservedly) 8% up at one stage. Perhaps there's something in the claim that this is simply uninvestible. Very disappointing.

I suspect we'll close flat or down, slightly. Disappointing but hardly surprising.

Perhaps an incremental rise over the rest of the week to finish it in the low 50s is possible - albeit remotely.

GLA

Indeed. Positive update like this deserves more than a 5% increase but hey, it's THG after all.

Hopefully, the next day or so will see some incremental gains in the SP.

GLA

Was mid-30s at last positive[ish] results; now 48p. Not a bad return for 3-4 months.

The market won't be able to ignore growth, profit and cash gen, if that's what it's show.

However, no one is forcing you to buy.

Not sure there's any obligation to provide a bunch of notice.

Looking for more momentum.

GLA

I really don't quite understand why this has been stretched out over such a length of time. Surely, such a deal could be concluded at a much faster pace if the parties wished?

As for other suitors, sadly I think there's almost zero chance of any riding in to the rescue at this late stage.

Company still valued at circa £150m, despite everything and down again today. Disappointing.

Risk and hope are not the same thing.

Good luck

Almost certain this will float around the current price until a few days before completion. Out on the next spike and back in when the inevitable drop follows is going to be my approach in the new year.

They have to give us our 0.30p when the deal completes- that’s the good news.

Interesting how they can buy 1% of the shares here and the price remain where it is.

The game is stacked in favour of the house.

Merry Christmas

It was light in the afternoon when he came down the stairs. He would later share the details but first a pint:

“Morning”, he’d said apparently.

“Morning, Wood”, she replied as the sun shone through, the curtains - settling on her face as he moved fully into view.. .. her eyes reflected her desire.

“need a hand”

“Been awhile love “

… and it had.

So long since it had been his fisherman’s tale lighting up the afternoon down the dog and duck.

Still, no one could remember those days… at least not since the ticker last read: WG: 0.30 bid.

The truth:

It had been several years, since Wood had risen - morning or afternoon in his household and the toilet paper had run out…

Quite likely then, that this is the the time when the share price might finally reflect the offer price.

It almost feels like a conspiracy, involving goodness knows who to make absolutely sure, WG shareholders wait until the absolute last second to get anything close to their £0.30p a share. I.e., it will probably move from 23p to 29.5p the day before it is due to complete.

Obviously that couldn't really work but you take the point, hopefully.

One thing I will say (and I say it with a heavy heart) there's absolutely zero chance of this being taken over by anyone other than the current bidder. They were even able to shave 5p off with zero resistance from the BOD. The whole thing has been a disaster. I have a low average of around 22p, so I should be alright but the way long-term holders have been treated here is disgraceful.

@JackDawr

Agree, there's something odd at play here. I think there must be a certain milestone (perhaps court approval (just guessing, here) that must be passed and there is little confidence that it will be.

Extremely disappointed that it is trading at circa 23.5p. Mcap: £160m.

But hope springs eternal...

Well, I'll join you on that one - baffled by the SP action. If this was any other share we'd be sitting at 28/9p. Almost adds insult to injury, given what long-term WG shareholders have had to endure.