Member Info for Hosai

Doesn't mean the shorts are right...many shorts entered or remained heavy at the bottoms in 2008 and covid and lost a lot of their profits in the following period.

"Even a fool can sell £1 coins for 90p!"

They wouldn't be making gross profit if this was the case.

MM posted these pre-conference photos...quite a bold statement - https://www.instagram.com/stories/matthew_moulding/2943121007131233367/?hl=en

Well I'm holding a fairly large position here and don't feel I am being particularly "brave". I've previously been in biotech stocks that really were all or nothing, coming down to whether or not their drug would be accepted by the FDA - those positions were brave (or stupid).
Chances are more likely than not inflation will cool soon, if anything just due to the comps with the very high inflation of the previous year which will come into play in the following months and especially into next year.

TBF a merged THG and Boohoo might not be so bad...throw in Rev B assuming the accounts are okay.
Can split things 54% - 41% - 5% respectively in the new merged company.

Not sure where to start...there's also an instagram "story" he posted earlier in the day of him playing chess with someone with his top off lol - https://www.instagram.com/stories/matthew_moulding/2942183273407706279/?hl=en

https://www.instagram.com/p/CjVn2DSDAde/?hl=en

"all the gains that were there yesterday were wiped with FTSE still intact".

Not growth share gains...ASOS and Just Eat and down the same or worse.

I feel if you murdered all of us and defiled our corpses you would likely end up with a long prison term so not sure you really would take the £1.90...unless that would be enough to get you out of the country where you could live in hiding in South America etc.
Anyway MM is unlikely to be negotiating such a deal unless his brother who was using the forum suggested it and the buyers were a shady bunch into cruel "sports".

Oil prices are going up again after OPEC decided to cut supply to increase prices. You'd think within the context of being told we have to suffer higher prices to play "our part" for Ukraine vs Russia this would be bigger news.

https://www.thetimes.co.uk/article/oil-pumped-up-as-opec-plans-production-cut-to-boost-prices-k9nstjffg

Interesting take here in the first 5 mins and at the 58 minute mark on the negative sentiment generally and when markets could turn (he argues mid November).
I sort of agree that inevitably the one year comparisons with inflation are going to become a lot more favourable fairly soon, meaning we will switch to "inflation falls again" type headlines.
https://www.youtube.com/watch?v=SzxXhb3aVQw

Paul Hill talks about Rev B here at the 1hr.06 mark. Still sounds fairly optimistic - https://www.youtube.com/watch?v=SzxXhb3aVQw

Lord Allen has been with Balfour Beatty for 14 months but has only made one buy - £242,000 worth after 10 months in the job.
He's been with THG for 6 months and has already bought twice for a total of £1.5 million worth.

I agree...in the last 3 months we've had 2 buys from chairman, one from CEO and one from group commercial director.

At-least they are reporting them don't think the times ever reported Lord Allens previous buy.

It's a general market update article but with a longer section on THG but not too much new:

"Matt Moulding set the hares running with a stock exchange announcement that appeared to suggest the founder of THG had acquired shares in the ecommerce company worth £1.9 million.

The statement confirmed the purchase of 4.9 million shares by FIC Shareco, an investment vehicle jointly controlled by Moulding and Steve Whitehead, group commercial director of THG, but it emerged later that the shares had been bought by Whitehead, described in the filing as a “person closely associated” with Moulding.

The share purchase came a day after Lord Allen of Kensington, the chairman of THG, bought 1.25 million shares at a price of just over 41p for a total outlay of more than £500,000.

Whitehead’s latest share purchase was struck at 39p, a long way south of the 170p offer in May from Belerion Capital before it was dismissed by THG as unsolicited and undervaluing the business. It is also well below the 123p at which Whitehead sold 6.93 million shares in January, pocketing almost £8.5 million. Nevertheless, shares of the former Hut Group responded positively, rising 1¼p, or 3.4 per cent, to 37¾p."

https://www.instagram.com/p/CjImHn1LdG4/?hl=en

Looks quite fun as a work environment. They should do a "day in the life of a THG shareholder" - just show someone sat looking at a screen, sometimes swearing and shaking their head.

Ultimately wherever the sp goes everyone kind of accepts as "making sense". The sp could be 136p right now or even 236p and no-one would bat an eye lid or say "grossly undervalued" (though it might look a little pricey versus others in the sector). The same thing applies to the sector as a whole, THG, boohoo, ASOS could all be valued at 1x revenues and everyone would say "yea about fair".
The analysts obviously clearly move their targets in line with where sp has moved.

"If he was lying on the floor at night-time in a starfish position when the sp was £2.50 odd then what the f**k is he doing now at 2p or wherever we now are?"

Haha yes things like this don't seem to add up, unless he has recently taken up meditation. Perhaps at £2.50 he was more annoyed because the softbank option was in play and the falling share price was jeapordizing this, whereas now there is no imminent need to get the share price up in the short term (tho obviously the odd raises for employees probably aren't great for dilution down here).
I do wish the analysts on the call could have been a bit more challenging, as I said I think they are too polite and say indirect things using business jargon. Or if they could let a PI on the call who basically say "what is happening?!"
This isn't to say I think MM is that bad it's more I actually they could give better answers to some of the questions many have here.

As far as we know THG still has many respected investors onboard - Sir Tom Hunter, Sir Terry Leahy and Lord Allen.