Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Everything in life peaks and troughs. Most people in the uk are financially suffering, it’s no surprise that many will cut out gym memberships and nutrition products along with it. This isn’t a share to expect wild gains from this year. Everything will improve, interest rates will decline and along with it the economy will pick up.
The future outlook is pretty certain to me. As we move to more and more automation and AI taking over jobs THG is pretty immune to the downside. If people work less then fitness will be big. Automation is the future and we are well positioned for that. Thanks to social media and everyone carrying a camera on them makeup and beauty will always be relevant with everyone wanting to look their best. Let’s be honest, with how gender is becoming fluid beauty hasn’t even tapped into the 50% of the population. In 10 years time it may the social norm for men to wear makeup.
But yeh, could also be completely wrong and MM runs this into the ground losing money and diluting us all to oblivion. Who knows!
Agree with all that is written here. The irony is that MM complains about the media bringing down British business - to be honest i don’t think they have been harsh enough on him and his failures to the share price.
Considering Kelso are one of the few people actually trying to increase the share price I find his stake building rather irritating. It’s like he’s just purposely trying to keep this down. Maybe instead of trying to stop them he should be listening and learning then we would all be doing better.
So basically the slimey people are stalling for as long as possible so not to implement any changes and hope it either gets forgotten or a new government comes in and it gets abolished. If they are all making huge sums of money why would they want change? Government is too soft.
I don’t understand why MM would even think of THG shareholders as ‘fast money’. We are all actually ‘losing money’.
The large holders from ipo are ‘no money’ while he is filthy rich not giving a damn about anything other than fuelling his own legend. That Instagram video was damn right embarrassing. If they are working to fight back then why are there no insider buying? Where is the confidence? Where is the action behind the words?
I too wish I had sold before Christmas. I just thank my lucky starts I sold nearly 3/4 of my holding at 108p at the last bid. Sadly bought back in at 74p but at least I’m not in such a bad position as I was - at one point £20k down.
Another issue to consider is Kelso’s patience. If they get fed up and tired of this share, news of them selling down and probably releasing a damning statement as to why they did will hurt the price badly.
But hey ho, Q4 results may do the job anyway.
If anyone from THG reads this, as others have mentioned, for the love of god put out a strategy statement. For the first time in this company’s stock market history actually go through with something that is promised.
Having to actually put a date on the calendar would be too much work for the IR team.
Probably too busy drinking a chia latte while playing ping pong in the mindfulness relaxation garden. They wouldn’t want to lose hair having the stress of writing a statement it might make their man bun’s too thin. Better reward them with plenty of free THG shares to make up for it.
I wouldn’t listen to too much doom and gloom posted on message boards.
For instance, I had a small portion in Rolls Royce which I sold mainly due to the amount of negative posting regarding the amount of debt, losing money at the time etc. now look at it, up nearly 200% this year! 🤦🏻♂️