The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
LinkedIn post - no one cares Matt, shame all these good people can't create share price value isn't it?
Ahananda- £6 a share. I'm literally laughing at you. Its worth nowhere near that. £3 and you'd be lucky mate. Esp with current cohort running the place.
If you got a follow on statement / RNS from another major shareholder now it'd be really game on.
Agree that a £2.50 offer would lend itself to a lot of support.
Where is the sale of the property up to for MM?
Loyalty will disappear when the price is right. It is business. Matt either needs to come up with something or shareholders will break ranks when someone comes along with the right price. Simple.
@Pearls
I think pointless repetitive posts OK here don't help expectations. If I hear:
"Sum of parts price"
"MM has a plan"
"There's a big deal coming"
"There was a postal strike last year"
"Apollo will be back"
"What a brilliant acquisition"
"We are due a rerate"
"Two bids"
"Separate bids for Divisions"
again, with no factual evidence based, other than gossip, hearsay and supposition, then I may go mad.
Fact is, THG has missed targets. It has underperformed. The evidence shows THG promise things and then don't deliver, with no explanation. THG communicates poorly with investors. But people don't wanna hear what they don't like...
"Just because you deny the facts, doesn't mean they're not facts..."
If the company had any sense it would issue the full details in an RNS tomorrow citing purchase price, expected turnover boost, expectrd ebitda and cash flow impact, intellectual property rights, production plans and exclusivity plans (currently brand sold on sephora too...going to continue?), plans for brand expansion and impact on plans for THG wide FCF for this year...
If all the above is good news then be totally transparent about it snd give the sp a boost 👍👍👍
I hope you're all right...but how many times over the last 19 months have we seen hype and hope turn into nothing.
The market should love this purchase...however its THG...so jury out until Monday.
And let's not fool ourselves, MM may have just thrown away FCF for the year in favour of a new toy...or things be going so brilliantly well that £20m won't affect hitting guidance. Either is a distinct possibility.
If the impact of the business is significant then this should trigger an RNS on Monday.
@APH "Do you actually think this will happen? MM says a lot of things that don't actually materialize."
Agree. Countless examples. People just don't learn.
Meanwhile...drift to £1 by Christmas! 🎄