The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Yes but dint forget what usually happens with all the results...either people in the know drop it first or the market drops it after. The latest lot was dropped before and then annoyingly the bounce didn't do much or last.
He's been leading people on with hints and tips for years and it never comes to anything...maybe it will be different in April (I've said the before too).
So say this is a delisting. I can see it going 2 ways. You need 75% shareholder support to do so. Could that be mustered?
Positive: Delisting intention announced. To go to vote at AGM. IIs, MM and all mates roll in. MM has bought his stake in Kelso in order to secure the support. Offer made to 35% club to either roll in and risk shares being OTC traded, or buyout offer at premium to current price...at...I don't know Β£2. The figure will be worked out so they can secure the 75% vite requirement. Shorts get burnt and there is a spike in SP as they need to get out and buy back shares on loan. Positive outcome all around for the 65% club and most of the 35%. MM keeps control, loses scrutiny of markets and seen as all round champion of underdogs. Some might compare him to David Beckham or Robbie Williams.
1. If THG thinks LSE is the root of problems, try listing on the US markets and getting absolutely pulverised by the analysts.
2. Please stop talking about MBO. Can't raise the capital. Ain't gonna happen.
3. No one is gonna buy a 49% minority stake in any Division. No self respecting PE house will.do so given THG is proven to on have ever lost money for investors.
4. No one is going to bid for the company. The controlling stakeholders have ensured this can't happen. Apollo and the likes would laugh at this now. AS IF! They would not waste their time.
5. Beauty and Nutrition can't be split in any meaningful way. They fund Ingenuity which sucks the FCF outta the group like a vampire from a victim.
6. IIs are powerless. Don't kid yourselves. They're in a value trap. Can't sell and consolidate. Can't support a buyout or hostile.
7. THG throws employees meaningless shares. The adoring fans are young, influencable, they thunk owning a few shares is megabucks, they're gonna be rich. It engenders an adoring fan base for the narcissist.
8. The property ownership is the golden key and second line of defence. No breaching it...even if the takeover walls fall.
9. It's a growth company who's growth has stalled. It's not competitive and Ingenuity is a noose that is now unshakable.
etc.
etc.
There's always an excuse. "It's the city, its the shorters, its the economic cycle, listed in wrong country...I'm David Beckham don't you know!!!"
I think someone in City AM perhaps wrote this as a spoof about our CEO. They're taking the pi** from within now and he can't even see it.
The replies like this are just full of sh*t and have been for 18 months. Just like the first ridiculous self indulgent pond scum video he posted 9 months ago. Nothing happens. Makes MM and THG a laughing stock (pardon the pun).
There is ALWAYS price action on this share to indicate something going on - both up and down - well before the masses know.
Myprotein cheese has arrived on the shelves in Iceland (grated, block and sliced). Good progress, but the packaging looks cheap and naff - it looks like Asda economy range. Its a shame as the rest of the stuff is quite nicely packaged.