Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I have been invested in companies in the past that seemed like a bargain until I realised that they had a massive amount of debt and very little cash that was a really sweaty palm experience my fault for not doing the research!
This business is cash rich and has phenomenal growth so I really aren’t worried about it collapsing and losing my investment it will either be bought and I make money or it will stay listed and the sp will at some point reflect the fundamentals. Don’t let people frighten you with the doomsday predictions in some comments on this board.
Makes me feel a bit better as I agree the business fundamentals do not reflect this sp …but I have had a few sweaty palm moments ;)).
Your point on this board is right you have few idiots but it does provide some decent quality insight and the posters in the main are respectful. Gla
Great to see a price increase in a sea of red today!
It’s going to be a tough week and I wouldn’t blame THG or MM or those dreaded shorters it’s because the market will be worried that the Russians are coming!
I plan to switch off for as long as this lunatic is messing about in the Ukraine or at least until we get used to him messing about in the Ukraine.
Sometimes but it also is reflective of sentiment which has nothing to do with the company performance. Otherwise buying anything deemed to be undervalued would simply mean you were buying into a problem which is clearly not the case with THG and many others at the moment.
Not sure at the moment we will see any jump from anything except oil until Putin stops playing silly B@@@ers so any good news swamped by market sentiment.
We just need to be patient.
If this latest dose of market volatility clears out a few more nervous PIs I don’t think it’s a problem as someone mentioned below the stock price is totally disconnected from the quality of the business.
It’s suffering due to the original bs about governance and ingenuity then compounded by the current turbulence in the market if you can’t cope with this then stick to Banks Oil and Vodafone type businesses although expect ultimately a lower return. Dyor
At the moment look at most stocks and with the odd exception they are all tanking or lacking momentum. My guess is we will bob around until Russia sorts itself out and people stop panicking about inflation and interest rate rises.
Yes mainly you look at all retail stocks and apparently the fear is we will all stop buying clothes as a result of inflation!
Reality is we won’t stop buying but we will be paying a bit more so retail will still be profitable.
A potential buyout personally I would cash in and move on.
The fact is the business doesn’t have to do anything as the only thing that’s changed is sentiment. They don’t have to update and they don’t need to buy their own shares.
What they do need to do is keep on motoring on the growth agenda and do what is right for the business and if you believe in THG then at some point you will be rewarded. Dyor
In fairness that is simply not right - the price to sales ratio for the growth achieved is peanuts by any measure. Also the price isn’t going down it’s bouncing around on relatively low volume due to the original crash combined with no news from the company and Russia
Personally and each to their own I prefer to own stock that has large fund and institutional backers and less PIs. In the case of Boo it’s the PIs darling but funds don’t seem as keen. THG has less than 10% Private Investors with lots of funds buying since Blackrock exited. Plus it already has massive scale and is even more cash rich than Boo without the returns issues.
Makes sense thanks
I think a lot of the big funds have an exit trigger if a sp falls below a certain threshold I have seen this a few times with Blackrock which doesn’t seem to be a lack of faith in the fundamentals.
I am in this the only factor that slightly spooked me was that they put out a note of reassurance about being a going concern I assume due to much reduced cash position any views welcome Dyor.