Blackbird CEO, Ian McDonough, presents ‘enormous’ opportunities for flagship platform elevate.io. Watch the interview here.
I get the frustration but the big macro factor will be an interest rate cut which keeps being teased at but then cold water poured on. If you look at very similar stocks they are all at the mercy of this but it’s not if it’s when and we will see some upside beyond that we simply need the business to deliver. Gla LTH.
Great article thanks for posting - It does seem to have caused some anger on the board and as for voting who ever off the board it’s not going to happen. It won’t happen unless the big investors become unhappy with the management and I see zero chance of that happening as the business is well run. It might not be happening as quickly as many of the very very small investors want but that’s life. Gla LTH
Totally agree Annacott I read most of the posts and a lot would be delighted if MM agreed to a sale anywhere between 120 and 150 regardless of whether it was the right business call to maximise shareholder value. That’s said the boys that really call the shots are simply not interested at those levels so we are safe! Gla LTH
Not quite favourable macros yet I think we need to interest rates come down here and across the pond when there will be more appetite for this type of stock. That said I don’t think it’s too far away.
Don’t think I will do so again it just seems mainly full of ill informed comments from people who either aren’t invested or don’t understand the kind of stock they are invested in. Apologies to those who do provide the occasional worthwhile comment! Gla LTH
I agree the shares went down due to macro movements in sectors mainly affected by interest rate uncertainty and now I see we go up with macro sector movements nothing at all to do with what is or isn’t happening in the business.
Hi Stockbroker your posts are some of the few worth reading on this board - Re valuation yes maybe in 3 to 5 years but the big difference now and my guess in the future is by how many multiples investors will pay. When Thg was at its peak interest rates which are a major factor with growth company valuations were next to zero and I don’t see any forecasts that suggest we will return to those levels. That said I think it will be worth a hell of a lot more than it is today. Gla LTH
If you were invested from the launch and have not averaged down or sold out since its initial drop that is indeed a very large problem as the chance of it getting anywhere close to those numbers in most people’s investment lifetime is remote.
Anacott absolutely right the market of COMPARISON stocks are all taking a beating of course other sectors are doing better but some of the comments on here reflect a mindset not suited to this kind of investment.
An excellent way to remove money from the impatient and hand it over to the patient 😁
THG has had a massive year from where the SP was. It’s a fact that few business have the number of options to increase value to shareholders as Thg so if your prepared to wait it will be worth substantially more than it is today how much that is remains to be seen. If you can’t wait or don’t like the volatility then best sell up asap and get your cash into savings or a ftse 100 company that doesn’t give you the scares.
I don’t think he really cares what a section of PIs think and the only people that can remove him would be the big II who have real money invested and seem to have faith in the guy that started and grew the business to this point. Gla LTH