Member Info for Knowbodyyouknow

I doubt there's a relationship between the two.

MW simply anticipated MM's incompetence and inability to deliver decent numbers alongside a good news story. There was no need for the lower end of guidance comment - simply, we are within guidance would have sufficed. Much more detail around the de-merger (sale) of Ingenuity and a fast time - and/or concrete time re changing the listing would have stemmed the tide. Instead we got Amateurism on steroids. However, hopefully - and I believe it is still very possible - it will all be pulled together in time. That or someone who believes they can make a success of the company buys it beforehand and does so.

Of course it may well have been luck, as I've herd Marshall saying that they mostly use Algos.

Probably sold a bunch into the market today as well.

Not going to engage with your nonsense anymore, Robo.

Get some rest - all this stress about your leveraged position must be making you tired all over.

You sound like someone who would wake up in the middle of the night screaming, after a nightmare about the loss of £10.

Strong points, Dear Leader.

I would also add that it's a bunch of business, rather than simply some tech department as you rightly note. As far as I can see, it's had a bunch of capex funneled its way. With this kind of deal, what has to be considered is the growth opportunity - it might be loss making now, but... and that should be a major dimension of structuring any deal, IMHO.

*KBYK especially you :)*

Ahh ...bless your cotton socks. Who knew you cared?!

MM has had this business for nearly 20 years, no way he suddenly caves to an opportunistic bid at a price he finds difficult to digest. He doesn't need the money. The key here is the position of the funds. If they turn hostile it changes the game - until then I suspect MM just clings to his plan / sale price - whatever that maybe - but significantly north from here, I'd say.

To be fair, he called something before it happened - first time. However, now he/she is simply stating the obvious.

Looks like the large seller has cleared (for now) - might rebound a little.

Out of everyone here, Robo, you sound the most panicked ...and more than just a little odd.

Interesting that despite the upside indicated there are only sellers. Imagine if this was over £1 and BARC released that note - the SP would plummet - happened as ASC the other day. Interestingly, since the note which I think had a price target of 300p, the price has actually bounced back around 10%.

Just shows the kind of nonsense we have to deal with (on top of idiots like Polish[Pratt])

*My call is a bid for the whole group is on the cards ..*

Let's hope so ...and more importantly that MM doesn't block it.

Along with Old Kent Road and Marylebone Station, no doubt (yawn)

Also felt the presentation of the whole thing was weird. Moulding and Co sat around a table as if they were in a Starbucks or gym cafe. Amateurism writ large. Again, where are his advisors? Hopefully, as some suggest this isn't the end of the story.

Whilst 40p itself - suggested by someone yesterday is unlikely - the 40s, generally is not - the way this is behaving.

Probably see some director buys at that sort of level. Perhaps LA, again. Not that it would make much difference. It's obvious funds are selling.

The SP is behaving as if THG is in distress. I can only assume that funds are re-balancing (dumping) some stock after yet another miss. The consensus seems to be that THG didn't provide enough detail re a potential ingenuity spinoff and therefore that should simply be overlooked and what matters is the numbers which came up short - again.

MM needs better advisors - once again THG and in this case its strategy is simply too opaque and can't therefore be understood. This reaction should have been telegraphed by advisors. Still we are where we are.

Profit taking?

Can't blame them really. I think Frasers was always here for a trade and a closer partnership. Sure they're up on their investment and you have to wonder how MA feels about TS being snatched up by Anders. Good news is it hasn't affected the SP.

Well, the good news (for you) is you managed to derisk before the dump. Congratulations. Sometimes we call it right - well done.

GLA

Was just thinking on where the price goes from here. The UT pulled it down a quite a bit - not sure what support there is below. Any thoughts?

Typically I bought at 58p. I knew it was a bit of gamble on a falling knife but at the same time, I've watched THG rebound quickly and missed it. Obviously, the day I buy it simply goes lower.

Neither.

Can't see it either, but I'm happy with today's rise. Hopefully, tomorrow a convincing move through 450p. Preferring the slow and steady progression upward.

*Knowbodyyouknow what do you think of ingenuity going potentially? are you a fan?*

The notion of it is good, but it is parasitic - and the question remains as to whether its promise been realised under the current circumstances? I don't think so. Perhaps its development needs to take place away from the public market place before a relist somewhere where it is better understood. THG will retain a stake as far as I understood it and no doubt very close relations, so the co will benefit in any long-term greatness that is achieved. In the meantime, I'm quite happy to receive a special dividend and be left holding what appear to be the fat cows - beauty (which I think is doing well) and nutrition which can (should) do well - if as the BOD say, these are highly profitable and cash generative (hmm) and dividends are on the table then I'm all for it.

Just some brief thoughts.