The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Https://www.youtube.com/watch?v=DwpedKWwS3w&ab_channel=TheYn0T
It would be some story to tell though wouldn't it? thg sat at 64p, rose to 120 before collapsing back down to 83p then for apollo to buyout the company in a 200% premium?? the biggest premium by 160% in apollos 33 year history. absolute madness in here, im sorry guys this is becoming ridiculous
I'm gonna try answer these questions manc as this seems a bit rampy.
1. yes because we all know the share price is very much undervalued and will probably be trading between 1.50-2 with the next 1.5 years, so the apollo bit is irrelevant
2. there was no news articles last year when mm rejected the bid, so think you are clutching there.
3. as soon as possible is actually the law on this, 24 hours
4. sky didn't say when they were brought in, so this could have been old news, and to me seems like they have talked apollo out of it clearly, from 118 to 83p since that news came out may i remind you
5. he did the exact sh*t last year, he is confident in the company not a takeover!
6. yes that is a fair point, or hedging their bets just like us
7. I thought he had all his friends as shareholders which would project him???
I really don't know why Moulding has made such an issue of shorts though. He knew all about the lse well before his listing, he worked in the city! Boohoo + asos are shorted more than here and they have actually made a lot of £££ over the last 5 years.
I don't think moulding has delivered bad updates jeffff.
Like boohoo/asos, and the entire e-commerce market, thg is suffering solely on things such as freight costs, inflation, and so on. Results MM has produced have been not bad at all - all growth stocks are getting priced in at their value today, nothing priced in for the future. Hence why you see takeovers taking place..
Its all fine saying you are happy with him not selling you out for less that 180, but surely if you could make 100% on your money tomorrow, you could invest elsewhere, ie shares who are rock bottom because of inflation like asos/boohoo and more than likely double your money again within 12 months??
All im saying its be careful and I don't believe moulding will sell this for under 180p and with this sitting at 83p apollo would need to pay the highest premium in their history. long term holders, you will be fine as we now know how much the company is worth + I doubt moulding would say no if he didn't think he could turn it around himself.
1. my first position was a short, closed as soon as sky dropped the news.
2. my second position was at 90p when the share collapsed via bloomberg
3. today I closed at 95p as soon as it went red
4. my next position will be a) more likely around 50p when this gets oversold from a walk away or b) extension has granted, were Ill purchase if I can get in below 100, however id say this is probably 20% likely.
My position became extremely bullish when I saw the bounce back from 81 to 99 and hold over the weekend. obviously today absolute destroyed that, hence my change in position. if you look at any other share charts where apollo is currently circling, they aren't dropping.