Member Info for Hosai

The part at 16:35 he talks about their acquisition strategy - https://www.youtube.com/watch?v=wnfrw3QX2Pg&t=1004s

Anyone have access to this business insider article? Shopify fell 14% today, the opening says "Shopify is cutting contracts with warehouses across the US, marking a shift in its push to challenge Amazon's massive fulfillment machine"

https://www.businessinsider.com/shopify-overhauls-fulfillment-strategy-as-it-challenges-amazon-2022-1?r=US&IR=T

Ford you are completely irrational by not selling in regards to your views on THG, who remains in a stock they believe "is over"?

Boohoo hovering around £1...market hates UK online atm.

Whilst no-one would normally consider it right for a growth company to be spending cash on its own shares, could THG consider this like Darktrace did? Arguably if they viewed THG itself as better value at this price than other potential small acquisitions it might make sense.

Sadly I have no real funds to average down with (average around £2.15) but just topped up with a token £150.

Unhooked this is what Alastair Osbourne, a key hater of THG said about darktrace recently:

"True, despite a 7 per cent bounce to 422p, the shares remain below Peel Hunt’s maintained price target. All the same, they’re well above April’s 250p float price: a feat that would look all the better if it hadn’t frothed up to 985p in September. In the past year, Darktrace has increased customer numbers by 39.6 per cent to 6,531. And the latest guidance upgrade, including year-on-year revenue growth of at least 42 per cent, is the fourth since the float. Market jitters that founder investor Mike Lynch, of Autonomy fame, would sell down the 16 per cent he holds with his wife have also so far proved wide of the mark.

On top a customer survey, admittedly by house broker Berenberg, has found that 65 per cent of clients plan to “spend more” with Darktrace. All in all, not a bad stock market debut for a group now valued at £2.94 billion — even if so far Bjerke has called things right."

His take is basically positive, the completely opposite of his takes on THG. For a company with £280 million revs, loss-making and a £2.9 billion market cap. How can you say there is not a randomness as to which companies are talked up and down?

Darktrace market cap of £2.9 billion on £280 million revenues and also loss making...yet press mostly talked about how good they were doing at results. With THG they are obsessed with the valuation coz they can't get over MM taking his shirt off on holiday.

You can't really lose buying here...even if sp didn't move for ages in worst case it would be bought out privately at a price above here.

Lol Ford working double time to stamp out any optimistic posts.

"Its the lowest its been and feel like it will go lower". That's the case with how any share "feels" when it's the lowest it has been.

That's not to say there isn't a bubble in the US, obviously there is.

Depends how much the rate raise is priced in mumbo jumbo, it recent times the rate drops have been priced in so the market doesn't even react or even drop when it rises, could be the reverse situation here. I don't think we can say higher rates haven't been priced in at all, growth has been down for 4-6 months.

teawithsugar, if you can't get over that valuation then what are your thoughts on shopify, an arguable ingenuity competitor? It has fallen 29% in 6 months but still has a market cap of $132.44 billion on 2021 revenues of probably around $4.2 - $4.5 billion.

Imagine if Darktrace was run by Matt Moulding and THG by Poppy Gustafsson. In a way it's not that crazy as they are both former accountants.
Anyone get the sense that in this case it would be darktrace' valuation the media would obsess over and THG would be treated more lightly? I still think it's the shirtless holiday snaps the media can't get over.

I agree with you Triumph on the reaction to growth stocks due to inflation. Obviously higher interest rates are less good for growth but not so bad that growth companies should have now slumped for about 4-6 months. Especially UK ones which are way cheaper than US.ones. Shows how much everything is sentiment driven. What does it take to actually price in higher interest rates? I think they were priced in about 2 months ago but market hates having it ahead of them so carries on "pricing it in" even more.

They have lower revenue growth though. ASOS expecting 10 - 15% for 2022 FY and boohoo at 12 - 14%.
Also THG has more of a wild-card asset in ingenuity which is harder to value, tech has higher price to sales ratios.

The trading update webcast is now up on the site

Wigan Warriors you are talking like ingenuity isn't priced in for free at this level (to be fair it was still priced in for free at 230p imo).

Ford...just sell! How do you expect anyone to take you seriously as an investor who hates the stock he is invested in. There's no rule that you have to stay in a stock coz it's gone down, that's no guarantee it will go up again. Find a stock you actually prefer and move the money there.