Member Info for Hosai

"slipping back to 80s".

It had recovered to a 115 - 127 range on its own before the rejected bid rns.

1pencil, interesting though it looks in terms of CFDs they slightly more increased shorts aswell?

Yes he has never sold his shares including when they were at £8.

The advfn board does seem to have a lot of loons...even sanks is starting to look normal there.

Well he has held his shares and never sold any since those sold at IPO including when sp was at £8 so I doubt his departure is due to his opinion on THG the business.

On the other hand it seems odd timing in the middle of a bid process...potentially indicates they aren't that serious about going private/accepting a bid... unless Dominic is involved in such a process as others have pondered.

Could just be Lord Allen refreshing the board, it's best practice that non-execs are changed periodically to stop them getting too cosy with the CEO.

Tony Blair's son's company apparently worth £1.36 billion on £10.1 million revenue with a £10 million loss...not far off current THG valuation!

Ipo price was £5 Prox, £8 was where it got to some months after which triggered MM's bonus.

They re-iterated 21st April that separation was due to complete in H1. The last day of H1 is in 23 days. Surely they have to announce what is happening by AGM? Otherwise nearly every answer to questions will be "we'll let you know in a week or two".

Didn't someone say the answers to AGM questions would be posted at 12:30?

The separation was to unlock value due to the parts being deemed to be worth more than the conglomerate whole back when the sp was £6. Hard to imagine how undervalued the parts are deemed to be now...

"What is to be done when the sum of a company is less than its parts?

That’s the question that THG PLC’s (LON:THG) proposed collaboration with SoftBank could answer, as a potential spin-out of the Manchester-based group’s technology business aims to unpack what’s seen as a "huge" conglomerate discount."

"https://www.proactiveinvestors.co.uk/companies/news/949134/can-thgs-softbank-deal-unlock-full-value-from-its-basket-of-e-commerce-businesses-949134.html

Just realized thg was mentioned just a little hidden away in the business section, mostly similar to this is money article:

The plot thickens at troubled THG

There will be no shortage of intrigue at THG’s annual shareholder meeting this Friday. Joining chief executive Matt Moulding, 50, on stage will be his fellow board director Iain McDonald, who is combining some of his humdrum non-executive duties with efforts to buy the entire company.

Belerion Capital, where McDonald is chief investment officer, tabled a £2 billion bid to end THG’s troubled stay on the public markets. McDonald’s boardroom colleagues rejected Belerion’s approach last month.

McDonald, 51, is understood to be excluded from board conversations pertaining to takeover interest — but if Glass Lewis gets its way, he will soon be excluded from everything.

The shareholder advisory firm has recommended that THG’s investors vote against McDonald’s re-election on the basis that he has sat on the board for 12 years.

Belerion has until June 16 to clarify its takeover intentions. Those attending this Friday’s meeting at Manchester airport’s Marriott hotel will no doubt be scrutinising the on-stage body language.

They just love to get that word "controversial" in there.

I see Matt M was at St Paul's yesterday - https://www.instagram.com/p/CeYXll-rg1j/?hl=en

US market looking good. Perhaps driven by Opec saying they will increase oil supply by 60% this summer.

Not that that means all that much but a lot of connections

West coast capital seems to have Blippar in its portfolio, the same company mentioned in the Sunday times piece in regards to Nick Candy -

"He has dabbled in tech, putting money into Crowdmix, a music-streaming start-up, Blippar, a much-hyped augmented reality venture and Ralph & Russo, the couture brand that made the Duchess of Sussex’s wedding dress. All three went bust (Candy bought Crowdmix and Blippar out of administration)."

https://www.thetimes.co.uk/article/nick-candy-the-toytown-tycoon-trying-to-play-with-the-big-boys-vw9v6sz6d

Damn thought that spike was a google error at first.

I believe the 14% is the amount of his voting shares. The higher number includes non-voting