Member Info for HopeGreedNothing

Mind. Not sure what sort of take out you could get for £2.50 these days, two McDonald’s hamburgers but then not enough left for a drink. Mmm! Thinking emoji. :)

GLA and see you all on £2.50 take out! :)

Cause by the time this is finished that’s all you’ll probably have left for a take out. :)

SF - i would advise a bulk purchase to see you through the next couple of years.

An application has been made to the Financial Conduct Authority ("FCA") and the London Stock Exchange plc ("LSE") for 19,074,902 ordinary voting shares of £0.005 each ("Ordinary Shares") to be admitted to trading on the LSE and to be admitted to the FCA's Official List. Admission of the Ordinary Shares is expected to become effective on 3 October 2022.



The Ordinary Shares are being issued to VG Corporate Trustee Limited, acting as trustee of the THG Employee Benefit Trust.



Consistent with the Company's strong track record of incentivising employees, and in order to continue to attract and retain world-class talent, awards are being made to certain key employees below Executive level, which are subject to the achievement of various targets. Subject to the satisfaction of such targets, a third of the Ordinary Shares are expected to vest on 31 December in each of 2022, 2023 and 2024.

I didn't say they could, I said they should make it a priority. They say they are good regards debt until 2026, hedged costs etc. If they are to make FCF 2024, or hopefully sooner, depending on what levers they pull and results, then buybacks are possible, I can’t remember how much they found to protect price increases for customers, surely they can find some for even token buyback to improve sentiment. Stopping new issuances would also help.

HH - yeah it certainly can age you, when I bought this share last year I was in my late twenties, now next month their posting me out my free bus pass. ;)

Agree far too many shares in issue, their needs to be a hold on handing them out like candy, debt repayments and buybacks especially at these levels should be the on the priority list, along with the usual Rev, profits, FCF etc.

City spy don’t know he’s **** from his elbow.
This will turn into sell the news if we don’t hit all targets.
It’s up over 55% in anticipation of results.
“But it’s undervalued”, I hear you scream, we are were we are, market determines price not you or I, not MM or the board. There have been plenty of viable profit making companies that have suffered at the market’s behest.
Pain of recession has not even begun, 1 in 5 using credit just to buy groceries.
Fed rate raises and monetary tightening sill on going.
Fed screaming at the market, to slow down, market seems to think it knows better, but the market is like the rest of us can’t see its own ass going forward. I know who will win that battle and so do you. Rhymes with Ted.
Only traders want take over, buy out, MM to give up his golden share at these prices to hopefully make a quick buck, but this is selling the companies potential on the cheap to satisfy their greed.
Selling a division, is a possibility, if company can’t make debt repayments, or renegotiate funding when required. Currently right now it is not an issue, plenty of cash available, and if they cut capex, then more money available. Remember no one is going to pay top dollar going into a recession, they want it cheap. The other side, if you spend during a recession to improve your business for when the recession ends, then not only should you get a better deal on costs but your business is ready for when the recession is over and not playing catch up to where it wants to be. Sure it could all go wrong, extended war or and further escalation , longer recession, higher for longer than the current higher for longer rates, return of inflation or might just turn out fine. Just a thought.

I’ll wait for £4+ in 3-4 years hopefully.

Which will results reflect:

Apollo 11
or
Apollo 13

Exciting!

Not sure why it’s an exclusive, my granny knows about Russia shipping to China and India and she been dead for 5 years!

Based on Eikon data and public maritime databases, Lauren II is managed by China’s Greetee Co Ltd and owned by China’s Maisie Ltd, Catalina 7 is owned by Hong Kong’s Canes Venatici Ltd and Natalina 7 by Hong Kong’s Astrid Menks Ltd with both managed by China’s Runne Co Ltd, while Monica S is owned by China’s Gabrielle Ltd and managed by Derecttor Co Ltd. The Sao Paulo is owned and managed by Cyprus-based Rotimo Holdings Ltd.
Reuters was unable to immediately contact the owners and managers because of a lack of public information about them.
The executive with the Chinese firm involved in the shipments estimated a total of 18 Chinese supertankers and another 16 Aframax-sized vessels could be used for shipping Russian crude in 2023, enough to transport 15 million tonnes a year or about 10% of total Urals exports.
A VLCC can carry up to 2 million barrels, a Suezmax vessel up to 1 million barrels and Aframax up to 0.6 million barrels.
While most Russian crude is now heading to China, India and Turkey in Russian or non-western ships, G7 sanctions have led to a shortage of smaller ice-class tankers - many belonging to Greek and Norwegian companies - needed by Russia to transport its crude from Baltic Sea ports in winter.
Russia and China do not have a large fleet of ice-class vessels and using Chinese VLCCs frees them up to travel from Baltic ports to conduct ship-to-ship transfers to bigger tankers in international waters, according to traders.
This practice showed up in Eikon tracking data, including in Mediterranean international waters, with the executive highlighting operations near Ceuta, a Spanish autonomous city on the north coast of Africa, and Greece’s Kalamata, a city in the Peloponnese peninsula in southern Greece.
“It’s extremely expensive and doesn’t make sense to use ice-class tankers for long distances,” one European market trader said, explaining why VLCCs were being used.
Another trader said the Ukraine war and sanctions had pushed up demand for smaller tankers and driven down rates for large vessels, helping reduce some of the extra costs Russia faces.

NEW DELHI/SINGAPORE (Reuters) - At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and tracking data, as Moscow seeks vessels for exports after a G7 oil price cap restricted the use of Western cargo services and insurance.
China, the world’s top oil importer, has continued buying Russian oil despite Western sanctions, after Russian President Vladimir Putin and Chinese leader Xi Jinping launched what they called a no-limit partnership before the war in Ukraine.
The sources said a fifth supertanker, or very large crude carrier (VLCC), was shipping crude to India, which like China has continued buying Russian oil sold at a discount as many Western buyers turn to other suppliers.
All five shipments were scheduled between Dec. 22 and Jan. 23, according to the sources and Eikon ship tracking data.
The G7 price cap introduced in December allows countries outside the European Union to import seaborne Russian oil but it prohibits shipping, insurance and re-insurance companies from handling Russian crude cargoes unless sold for below the $60 cap.
“With Urals prices well below the price cap, the business of buying and trading Urals is essentially legitimate,” said an executive with a Chinese firm involved in the shipments.
As the United States and its allies tried to choke off Moscow’s energy revenues to limit its ability to fund the Ukraine war, Russia quickly diverted oil exports from Europe last year, mainly to Asia.
The longer voyages, heavy discounts and record-high freight rates ate into profits but the use of supertankers on the Asian routes may now cut shipping costs.
The Russian energy and transport ministries declined to comment. China’s Foreign Ministry did not respond to a request for comment, although Beijing has previously called the Western sanctions on Russia illegal.
Indian Oil Minister Hardeep Singh Puri said at a press briefing on Thursday that India would buy oil from wherever it could secure the cheapest price.
Industry sources say Indian refiners are securing a discount of $15-$20 per barrel on Russian oil on a delivered basis compared to Brent.
RUSSIA TURNS TO ASIA
Russia is sending Urals from its Western ports for transhipment to supertankers Lauren II, Monica S, Catalina 7 and Natalina 7, all Panama-flagged ships bound for China, while the Sao Paulo is already approaching India, according to three trading sources and Eikon data.

Of £35m??

A friend of a friend who owns a Tesla and who works in a bar near all the big shiny glass buildings in London overheard some banker types talking that they had information from the US, that the no.2 at Canoo (who was brokering another deal with his counterpart in Walmart to provide additional electric vehicles for their fleet), was taking a leak in the WC when MM’s second cousin. twice removed on his mother’s side, who by the way recently suffered the loss of his life long pet companion, walked in. And while both were evacuating their bladders he started up the following conversation, apparently the cousin had been consulting with his spiritual advisor earlier during the day and he was told that there was no truth in the rumours that any deal was brewing at thg.

Also I was with my stockbroker yesterday and just by chance happened to mention that I saw 15 birds flying in an arrow formation in a north easterly direction, while the wind was blowing in the opposite direction, my stockbroker tells me that’s a sure sign that there’s not a deal in the works.

Not only that but a stray dog barked at me in the street today, he confirmed the same also. I have an affinity with animals, ironically especially with dogs, been like that my whole life, my mother told me she though it was due to me being bitten by a radioactive dog when I was just a baby, since then I seem to understand what some dogs are communicating, anyway I digress.

I’m not one for believing in coincidences normally but........

Next level providers. Listen up market.

Someone tip that journo a few bob.

Nice line from the article: THG has helped take some of the world’s most distinguished names in beauty and nutrition to the next level, such as Gillette, L’Occitane and Elemis.

Bitcoin remains the most polluting cryptocurrency in 2022 while Ethereum massively reduced emissions: report
Bitcoin accounted for 86.3 million tons of CO2 emissions in 2022, according to Forex Suggest report
Cryptocurrency Litecoin replaced Ethereum as the second-most polluting token on Forex Suggest’s ranking
Friday, 13 January 2023, 8:00:AM
Bitcoin, the world’s largest cryptocurrency by total market value, remains the most polluting cryptocurrency in 2022 with its environmental footprint still increasing, while the second-largest cryptocurrency Ethereum saw a massive reduction in emissions, according to a report by market data provider Forex Suggest.
Bitcoin accounted for 86.3 million tons of CO2 emissions in 2022, growing from 56.8 million tons in 2021, according to Forex Suggest’s Global Impact of Crypto Trading report published last week.
Ethereum, however, saw its CO2 emissions drop from 21.95 million tons in 2021 to 8,824 tons last year, according to the data provider, following an adjustment in September to its blockchain that no longer requires the energy-consuming mining process, known in the industry as “the Merge”.

Ranked by Forex Suggest as the second-most polluting cryptocurrency in 2021, Ethereum in 2022 ranked behind a range of cryptocurrencies selected by the website in total emissions, including Polygon and Cardano.
Cryptocurrency Litecoin replaced Ethereum as the second-most polluting token on Forex Suggest’s ranking. The token, while using only 19 kilowatt hours (kWh) per transaction, emitted 525,212 tons of CO2 in 2022 with a large amount of transactions, according to Forex Suggest, which cited a range of data sources including BitInfo Charts and Digiconomist.

More recently, the local government has grown wary of the strain the crypto industry places on the electricity grid and has cut off power to some miners. It also increased the tariff on electricity use for crypto miners starting this month by more than 20 times, said Janibek Mukhamejanov, a director in the country’s Digital Development and Innovations Ministry. 
SHARE YOUR THOUGHTS
What do you think lies ahead for crypto? Join the conversation below.
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G?enesis Digital’s investors urged a faster pivot away from Kazakhstan than the company had previously planned, according to company investors. Some of the money it got from Alameda has gone into new data centers in Texas and South Carolina. Most of its mining now takes place in the U.S., the company investors said.
Mr. Bankman-Fried resigned from Genesis Digital’s board on Nov. 10 amid pressure from his fellow investors, according to some of the people familiar with Genesis Digital. FTX filed for bankruptcy protection the following day. 

In mid-2021, Mr. Bankman-Fried directed more than $100 million into the company from Alameda, the crypto hedge fund in which he had a 90% stake, according to the company documents. Mr. Bankman-Fried joined the board of Genesis Digital in October 2021.
Mr. Bankman-Fried met the Central Asian country’s president with a group of other foreign investors in December 2021. Around a circular table in the presidential palace—an ornate building that looks like a postmodern White House crowned with a blue Fabergé egg—he urged support for bitcoin mining, among other topics. President Kassym-Jomart Tokayev responded with skepticism, citing its high energy use, people familiar with the meeting said.
As Genesis Digital grew and bitcoin prices soared, Mr. Bankman-Fried’s appetite increased. Early in 2022, Alameda invested $550 million in the company. It was part of an investment round that totaled $670 million, according to the people familiar with Genesis Digital.
The proceeds went solely toward buying shares from two co-founders, Messrs. Krohn and Makhat, according to those people and Cyprus corporate records. Records show 70% of the shares transferred from the founders to the investors were from Mr. Makhat. Both men remain company shareholders, according to the corporate records. 
The so-called secondary sale, in which founders or early investors sell some of their shares to other private investors, was large by industry standards, although the practice increased in popularity as the market for startups grew frenzied in 2021.
Months later, Alameda put in another $500 million. This time it was for newly issued shares, and the money would go toward expanding Genesis Digital’s operations. In total, Mr. Bankman-Fried’s hedge fund invested more than $1.1 billion, according to the Alameda company documents. That gave Alameda a 20% stake, according to Cyprus registration records.
Genesis Digital in a statement to Kazakh media in June highlighted the “serious compliance procedures” at Mr. Bankman-Fried’s operations.
Mr. Bankman-Fried told other investors he liked companies such as Genesis Digital because they were a different way to bet on the future of bitcoin, according to people familiar with the matter.
And bitcoin miners liked Kazakhstan, especially after China banned most bitcoin mining.
In mid-2021, the former Soviet republic was estimated to be home to nearly a fifth of the world’s bitcoin mining, according to Cambridge Bitcoin Electricity Consumption Index, a tool developed by a research center at the University of Cambridge. Genesis Digital had 280 megawatts of installed capacity, according to information the company provided to the Kazakh government, equivalent to the consumption of roughly 100,000 U.S. homes. The company told local media in mid-2022 that Kazakhstan accounted for as much as a quarter of its business.