The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I can only assume you’re looking for a rise Rock8, or you’ve had an early start…
Still here just holding tight for some kind of news to push us through the £1.07p ceiling. Not concerned, it took a huge amount of pressure to push this to 93p which I doubt we will revisit unless some unfavourable news drops. Waiting for the September update or the much speculated "event" to push us higher, I have a holiday booked between now and then to distract me from price watching, happy days.
It’s like walking into a domestic over there you may get 1 decent post per 100
FairPlay AS1 I thought I was balls deep in this with 165k shares!
The FUD crew? :)
I don't think it was out of order to question disposing of two loss making divisions only to acquire another and at that moment in time the share price was looking like it was going to regress. I am very happy to be proven wrong I stand by what I said at the time.
"But am I buying? I don’t think so. I aim to buy stocks that I’d hold for 10 years or more, and the chances of THG going private in the near future put me off."
Well that's one strategy I guess... on the upside if you're a financial journalist then you can deflect critics of your rubbish picks by telling everyone "hold up I bought this with a 10 year time horizon, I know it's down 90% but it will be a winner in 6 years you'll see!" by which time everyone has forgotten.
I cannot understand why they have done this when marketing is trending towards digital, why would you buy some London rag, if you’re going to spaf a couple of million you could at least use it to buyback some shares.
There goes the momentum we had been building all week.
Lets hope we get a quick recovery, hoping big tech earnings (MSFT, GOOGL, META) and FOMC don't scupper the US market for us.
This is my worry Oxford, the current figures do not include the mortgage bomb yet and when people start to have to reallocate a large part of their disposable income to shelter consumer sentiment could change quickly.
I'm being a bit more cautious I think the mainstream media all hailing that inflation is defeated is a bit premature tbh
Firstly can I just say I believe in this company and am bullish, I like to hold stocks for up to a year ride a trend and get out unless there’s compelling reasons to stick around.
I’ve just caught up on this weekend’s conversations, and it seems to me many are joining lots of dots and getting whipped up into a frenzy about an MBO. Given my for mentioned strategy I would love nothing more than an MBO so I can take a quick profit and roll it into my next idea.
However most of points made can easily be explained away. GS gone? Prerequisite for a premium listing, property sale? Real estate is going to take a haircut in the coming months sell at the top and pocket the cash, new company? These things are setup for all sorts of reasons, Trip to Dubai? Promoting the company to potential investors is not unusual, Gallemore buying? He sees the bargain we see, likes on social media? This is truly clutching at straws..
I would love the theories to be proven true but I’m holding for a decent update in September and an inclusion in the FTSE 250 which should elevate the share price considerably. I hope people don’t shout me down as a party pooper but these fantasies are not the basis for a sound investment strategy imo.
My thoughts are echoed by other posters here, the deals don’t move the needle much and are just housekeeping imo, I do wish MM wouldn’t poke the bear on LinkedIn but I’d be lying if I said I disagreed with a word he said.
Roll on September by which time I expect todays price action will be a blip on the charts, a frustrating day, yes, but we have to look to the bigger picture.
Added another 2k @ 96.5 today hopefully today will have shaken out some weaker holders and we can build from here next week. GLA enjoy the weekend
Not sure I would bet on a blue finish today but a little perspective, our performance over the last 9 weeks...
+3.2%, +7.7%, -2.9%, +17.5%, +4.3%, +7.2%, +3.2%, +16%, +5.4% = ~80%
Quite happy for a cooling off period providing we defend the £1, looking forward to the September trading update which I hope will be another positive catalyst and is less than 2 months away, just sit tight and try and get away from the screens i'm sure our patience will be rewarded even further.
Looking possible at the moment CP
Do we think that MyProtein would consider producing their products as white label, or is this already happening?
I have thought the brand name "MyProtein" isn't the best when we're talking about their products sitting on physical shelves. It emphasises the protein aspect but as others have mentioned there is much more to a healthful product than just being high protein and your average consumer I think would associate it with a product designed for gym rats.
However if an established brand repackaged THG's products and marketed them as their new "healthy range" it would I think have broader market appeal and shift more volume but have less margin for THG.
Happy for this to stay at this kind of level for a week or two now, we've broken that psychological £1 barrier, the more time we spend here the more that will become a new level of support and we can push on from here.
Good to see an albeit small drop in core inflation as I at least we can now say that has peaked.
Not got high hopes for tomorrows CPI figure but the weakening USD should set us up some nice drops in future CPI reads.
Same here Bwana4 i'd be kicking myself if I sold now and some news dropped, right now I am sitting on a healthy paper profit so even though this share can be volatile I can sleep easy on this one, waiting for an even bigger reward.