Member Info for Kando

*no way to convert

Yet they would materially lose short to medium term because they would have no one to convert their equity into wealth.

Moreover, the inevitable relisting would not necessarily go any better than it did this time. It's almost a rite of passage that newly listed companies tank at some point after IPO, whether here or in America. Amazon, for example, dropped from $113 to $8. Sports Direct dropped from 300p to 32p. The former then went on to top $3700, the latter over 900p. It happens to any and almost every company. Very few choose to take it back private, but are instead rewarded for holding on long enough to see it recover.

So they roll over into what exactly? They can't benefit from fractional equity in a company that's pre-profit. So in addition to not getting any buyout cash for their shares - since they wouldn't be selling their stake, they then have equity in a business that they can't capitalize on - because...obviously, it's private and no longer on the market. What good is that to them unless they want to wait for it to be relisted again later, by which point this current listed iteration of the share would have recovered to loftier valuations anyway. All this adds is some inevitable dilution from a new party.

You're not really explaining how they (Matt included) benefit from this, and how taking it private wouldn't be massively unpopular with everyone around him, including his major institional partners in at higher prices - who will be more than content with it remaining public (the only place they can hope to profit off their equity). THG might be pre-profit for decades yet, like Amazon were. As there's no reason to cut growth spending to generate cash when you don't need to. Taking it private defeats the point of taking it public to begin with.

"Kando

Mm has on record said if the mkt doesnt appreciate thg then he will take it private.

They may do that."

Anyone might say that in frustration. It doesn't mean he would. Saying you might ramps the share price. Allowing your pals to put bids in for the business ramps the share price. He thought it was undervalued before. Now it's been devalued, and he sees the PE firms circling, it confirms it was undervalued. He's in possession of a company a lot of people want - because they see huge potential in it. If anything this will only solidify his resolve not to hand it over to them.

Don't you get bored of saying the same thing Oke? You're convinced he's going to sell it on the cheap, and by extension, shaft all his family, friends and colleagues by forcing them out of shares, that in a couple of years will be back above where they were last year. The share register is what it is. There's no deal where it's JUST PIs who are bought out, where SoftBank get to keep their shares, his family gets to keep theirs, all the staff and board get to keep theirs. If he takes it private, they all lose out, bought out on the cheap. Why would he do that to them? He knows what this company is worth. He was so disgruntled last year because he thought 7-800p undervalued the company. Everyone around him must feel the same. Why are they going to countenance 230p? They're not desperate to sell. It's like offering someone £50 to drop kick a golden goose into the ocean. Golden eggs for years, or....fifty quid.

Oh ****, don't let Ste/Steve see, I've accidentally posted this on my Mando_ account. I agree with everything I just said though. These are not the actions of someone about to sell all stakeholders down the river.

"Don't these short trackers only publish data for holdings with more than a 0.5% position, any shorts held below this threshold will not be available to view. So blackrock may have just reduced its position to below 0.5% rather than close it completely."

No, they always report the new position after moving below the threshold. The new position is given as 0.00%. The rules just mean they wouldn't have to report it again until they moved back above 0.5%.

I imagine AHL will be closing out today and we'll see that reported tomorrow. They would be brave to keep holding this short given the direction of travel.

"But if you click above on "THG Short Positions" you wil see they have increased by quite a bit today."

No, not today. There's a reporting delay on LSE. What you're seeing is the increases that were recorded last week, that have since reduced.

"Shorts are up. Thats never good."

Your screen is upside, they've all reduced. Blackrock have reduced to zero. Voleon from 0.52 to 0.31. AHL from 0.61-0.59.

https://shorttracker.co.uk/company/GB00BMTV7393/

So yes, great news.

"Some of you are in complete dream world on here."

Spoken by the man who's only advocate is his other account.

You missed the boat. Bitterness isn't going to fix it. You're saltier than the sea.

No. Why would anyone be concerned? It's just gapped up 25% and is holding it. Nothing that you and your alt-account steveinhull can post will have the effect you want. You missed the boat.

Appears 139/140 is the new support (with 133 below that). The breakout gap from Friday doesn't look all that interested in being filled (breakout gaps often aren't filled). Resistance at 146 and 154. It will probably retest 154 again over the next few days and try to break through it in the next few weeks (breakout gaps usually confirm a trend and this has been in a 3 month uptrend, so no reason to think that it won't hold onto that momentum). However, it'll want to consolidate before moving again, so I wouldn't be surprised to see this bounce around in a range between 139 (possibly 133) and 154 for a few weeks before it breaks out again. You could day trade it but it probably wouldn't be worth the risk of missing the next breakout - given that might be contingent on another surprise RNS.

There you go B1nky, you got there in the end. You're finally starting to realize this won't be going private.

"I am sure that I will come into huge amounts of criticism for airing my, more rational, opinion."

Only that it won't be sold. For £5 or £2.50. It's not going private on the back of the same journalists who wrote (later retracted) nonsense to drive the share price down for 10 months now saying "unnamed city advisors say Moulding is ready to sell for £2.50". You've been suckered in, but no-one else has.

I've revised mine down to £11.50-11.55. £12 in today's climate is just not quite as likely. "just being realistic!"

"over 6 million shares have been sold so far today! at much less than 1 X revenue!"

Out of 1.22bn shares... that's day trading churn. Moulding isn't selling. Institutions aren't selling. LTH's aren't selling. It's not selling for 250p, no matter how hard you push.

Agreed DavSen. A whole swarm of them showed up on Friday, having never posted, or held the shares, before. Suddenly expects on valuations and the stock register.

"Everyone saying 250p is cheap cheap cheap. The shares are languishing at 145, no one is falling over themselves to buy them. So not everyone agrees!!!!"

Actually, they seem to be. There's a veritable queue of bidders forming.

Why would shareholders sell for a little over 1x Revenue? Who among them is that desperate for money? All they need do is wait a year or two and the SP will have recovered organically far beyond 250p.

"Offering additional 1bn pounds may do it as per article sayin MM may sell at that price."

Yes, so say the journalists paid by the same people who spent the last year beating the share price down. I wonder why they would want to suggest he'd let it go so cheaply? Hmmm, I wonder.

"Honestly I’m expecting a drop as well but hoping for the best.

I think partly it is because we have been conditioned through previous price action that each time this share gains a lot in a day and you get hopeful for it then drops the next."

I was worried about the extent of the gap up, but I think this is a breakout gap. They are rarely filled and often signal the new long term trend. Not all gaps are the same and not all gaps get filled.