Member Info for H-hi

Don’t get tempted to buy but get tempted for a nice short. Keep your short quick, take profit and don’t look back. INTU will enter administration soon.......why? Same pattern........this is part of CEO training.

Get more debt to pay yourself, pay uunsustainable divi, overvalue the assets, launch dodgy convertible bonds, axe divi, Lauch a new strategy to save the company, call in administrators.

Same with Debenhams, sears and others........the management always sell down the company indirectly via debt, bonds, loans, convertible bonds to people interested in buying via administration. Smart money does business this way, no need for bid, no need to pay any tax on purchase........you get high interest, coupon while you wait and also get to short the company’s shares heavily while ensuring the insider management continue paying ****loads of divi.

Nobody is buying rubbish assets, the Ponzi board need to find dodgy buyers from Middle East and Africa. Chinese guys are not dumb anymore so must be ex generals, ex money launderers that will pay full asking price. This will hit 10p so for you people here that want to buy, just wait till it hits 10p. If it doesn’t bounce from there then administrators would be called in and it would be worth zero.
I warned a guy here reading nonsense that intu released, told him it is just a trading share at the moment and not worth more than 5p.

Intu is a nice Ponzi play, no longer REIT so ETFs will kick it out..........private equity will only buy once it falls into administration. They could have stopped divi since 2015 but they didn’t......just look at market interest rate, smart management would have refinanced at lower rates and take advantage of zero rates in Eurozone.

Come on, intu has paid some juicy divi so you’ve been paid back already assuming you didn’t reinvest all back into the scam. You can short from here to make some pennies before it goes tits up. I don’t like Intu’s debt profile, exec profile and pay. Whitaker is an insider trader connected to some huge option trades, JPM along with other shorters won’t cover now that the CEO has indicated equity raise..........weak trading, weak guidance, highly leveraged even on dodgy valuation. Once the real valuation comes in, debt would be about 70%.

The banks and bondholders are waiting to seize control of the properties, don’t buy more shares! If all execs had their pay cut and 60% of their pay is in shares then you can buy.

There you go, never trust a Ponzi board...........private investors are there to be fleeced. Capital raise definitely needed to wipe out private holders. I think it could be at 10p - 20p in order to get the big banks to underwrite. I think those failed takeovers were engineered to drive up SP in order for insiders to sell up before crashing to 10p.
Under their strategy, no mention of 60% cut in executive pay and zero bonus / LTIPs policy. Only suckers would buy more intu shares.

Hereshopin,

You said 20% drop was daft but this share has dropped more than 20% since my prediction.......I guess you are the dumb one now.

Sain,

Takeover will only happen after all private holders have been flushed out. The banks and bondholders would be happy to seize control if there is no offer.

Depends on competition, if American brokers expand into U.K then HL would plunge by 50%. Vanguard is launching Sipp soon so that would knock HL by 10%. If U.K investors stop being stupid and buy ETFs instead of Woodford and other fake funds then another 30% off HL.
HL is not sustainable and trying to fleece customers has never been sustainable. HL needs to look at what vanguard is doing ASAP.

Gewillia,

Let’s just say peel group, Whitaker and JPM have been using insider info to trade intu profitably via options which is indirect.
All private investors holdings are the target of these trades..........I bet private investors didn’t throw in the towel at 100p so they plunged it again then again below 50p which is below the nominal value.
They did same thing with Glencore and AAL..........the death of high street and physical mall is the perfect narrative theory just as China slow down and glut of metals was in 2015 / 2016.
The CEO and entire board are in on this, they get to have a job with JPM in the future.

The trade setup has been going on since, those trades are used to wipeout leveraged traders but who knows if it is to make money in case the banks and bondholders seize control.

It seems they closed the whole scheme yesterday, thought they’ve made enough money but not yet. Let’s see who is setting up more of the same. Peel has some setups too that looks complicated. Anybody here has any info?

The truth is that rent / lease payment will reduce significantly but the dodgy board would keep wasting money and borrowing more money to pay themselves.

Umeed,

Do you understand the rns on the option trades? Do you trust numbers released by U.K. listed companies with a dodgy audit industry? You haven’t applied 20% - 30% discount on whatever a company reports. Real asset value would be 20% - 30% lower in bad times but if we get back into great times again we could overvalue it again just to load on more debt to pay excessive salary / bonus and management fees. REITs should become ETFs no CEOs, just a small investment management team and a contracted property management firm. It is no rocket science and CEOs and dodgy boards are just not needed anymore.

SP performance / customer numbers says it all, conn must be shorting his own company. He’s wasted hard cash that was borrowed on hive and other money losing ventures while not worried about customer numbers plummeting.
The shameless guy must resign ASAP............not sure if he went to business school or any school.

Umeed,

You could be right about the recovery ahead but do you understand all those RNS about intu holdings? A lot of options, complicated insider trades and the dumb convertible bonds. Try and sit down, compare intu with HMSO then you start to doubt the management. My opinion is that the board cannot be trusted so don’t buy more here......buy BLND or other REITs. Sorry BLND has claimed more than 20% already but HMSO still looks better than intu.

Trent,

See Just Eat just got a cash offer of £4.9b for a company turning over less than £1b and little or no profit. ITV makes excess of £500m profit on over £3b revenue. The recent takeovers make no sense and it seems Private Equities are in Ponzi mode........buy companies that can fail or those that don’t make consistent profit.
I was expecting pension funds to buy utilities and media companies since sovereign yields are super low but I guess I’m wrong. Pension funds can make more money by taking stable companies like ITV private ( reduced operating costs, reduced number of execs, focus on long term).

Trent,

6% fx gain on ITV takeover if USD was used for the acquisition when £/$ was 1.2. Also divi payment would have been saved. Private Equity would have made money on ITV easily. Liberty is not interested as it had received VOD cash. We need a bid for itv studio with an agreement for ITV to continue getting contents at reduced price.

ITV can’t be taken over as it is now, sorry it needs to be broken up first. Studio / production arm could be sold but broadcast division is too political to be sold.