Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Citigroup pointed to 220p yesterday and that the beauty side alone is worth the market cap with all the other divisions for free. Happy to re-engage when the market makers wish to sensibly price the share price.
Usual troll thread thrown up here on a down day.
Study the judgement, the appeal and the counterclaim and there are 7 options of 8 that could result in a reduced amount payable or indeed the eighth one which could reverse the decision and hand a win and Plex damages to @CINE. Also realise that the one that was previously reached was detached from reality as it would be Cineworld and not Cineplex that benefited from synergies and that this was awarded without and CINE mitigation.
Maybe blackbridge or McDunn could explain them all to us.
Here's the presentation for you. Take some time to look at all the other aspects and arms of the business over and above the beauty side which Citi are saying is worth the market cap alone.
https://thgcom.s3.eu-west-1.amazonaws.com/wp-content/uploads/2022/04/FY%202021%20Preliminary%20Results%20Presentation
Sp28 I was going to say similar to your good self and what I actually can't work out is whether the present grossly undervalued share price of The Hut Group is either due to a) incompetent pricing or b) it is deliberate. Some in defending themselves will probably point to b) whilst I honestly think that some people who set the price think this company sells garden sheds and beach huts. Could not be further from the truth.
Just read or glimpse the April presentation and you can see the global reach of all the divisions.
I mean only in the last few weeks
*It had multiple bids just at 170p and higher which it rejected (rightfully imho as significantly undervaluing it)
*Was 116p when those bids arrived and
* Citigroup are the first to have noticed it in a broker note today.
https://www.lse.co.uk/news/THG/citi-resumes-coverage-of-thg-at-buy-says-beauty-division-underestimated-i2sq3n8yjd1mw89.html
Be thankful for these opportunities.
Trickled down on not a lot of volume to allow the pickup. Points to market makers picking up imho
Whilst there is war in Ukraine and fuel and energy prices are through the roof, hydrogen, solar, wind are the markets to be in. Can't see that conflict ending any time soon and it won't be long to winter.
What happened at the AGM that has resulted in this having 7.5% chalked off today?
Was thinking the same.
They just seem to be caning shares at will.
Probably just a volume generation thing.
Looking cheap again for a refinanced and fully open 99p a card operation (some more, some less) About as inflation proof as you get.
Go baby go.
Looks like the next wind has come along.
Probably worth buying more then Hosai and lock up and leave.
Citi are saying at these levels it is only valuing the beauty business at the present market cap.
How it ever got this low is beyond me but it has to be a fill yer boots at this level.
It was 116p before even the first bid arrived and even that was only half of Citibanks (imho modest) target.
They may just be trying to prompt another bid about the right level to open up due diligence.
Anyway its a switch off and do other things at this level.
Find your spot in the sun and get outside and enjoy it. Log off or if you really must take your laptop or phone with you.
It's quite clear even without Citigroups buy recommendation that the sum of the parts at THG are worth SUBSTANTIALLY more than the present share price.
Hope you enjoyed the film Reppyrr and you have picked up on exactly my point about this repetitive Unlimited add. IR seriously need to be picking up on this and feeding it back otherwise people will just skip the ad's altogether.
Anyway good to see that most cinemas next week have reverted to at least one or two showings of TopGun in Imax or 4DX.
Funds work on borrowing shares to then sell them and to dip the price to take the stock off humble PI's and the weak. Shut up shop and go and enjoy the sun. Let 1 fund throw their shares into the market for another to buy. One then ends up at a loss and the other with a gain. The one at the loss soon realises its futile.
Get some sun cream on and enjoy the sun. Its about 100p under where it should be, and that's only to start with.
Even hotter today.
Get the Factor 30 on and the Raybans and enjoy the sun.
Re-engage when the market makers wish to reflect truer value in the share price. Its circa 100p under the first recent bid and even that was undervalued.
Wouldn't surprise at all if Blackrock were behind the recent moves down imho
By the way if IR are watching and reporting back can somebody actually sit in one of the cinemas at the start and watch the adverts and trailers.
I know there is maybe a push going on to get uptake of Unlimited Cards but 3 times in the space of 15 to 20 minutes is a bit much. If people in our party are saying "Not again" then it is probably having the opposite effect and putting a few people off. Consider that my mystery shopper feedback for the year. Given we part own Digital Cinema Media it shouldn't be too hard to tweak.
Doesn't go amiss.
It'll be when it starts jumping 2's and 4's that we know someone amidst the Dissenting shareholders has a loose tongue (meaning probably paid off in full)
Just do your bit where you can and see a film at your local @CINE with as many as you can persuade to come along and make use of the ability to pre-order your tickets to get the best seats. @ Elvis, @ TopGun ScreenX and @ Thor Love and Thunder next on the list for the Lat's.
Thank you for that comprehensive summary.
That is why I had a nice day sat in the sun.
Its an investment and its very rare that you get the chance to buy a share at circa 100p under its most recent indicative bid and with all your list going for it.
Nice to see it finished positive.
Hopefully the start...
Bringing the Influencers onboard is aimed at driving increased custom to the premium tickets.
https://mobilemarketingmagazine.com/cineworld-launches-tiktok-campaign-encouraging-cinemagoers-to-get-their-phones-out
Who cares. get some factor 30 on and enjoy the sun.
Re-engage when they wish to make the share more truly reflective of the value and metrics of all the business or when the next approach comes along.
So nobody is interested. Switching off here for the day to enjoy the sunshine.
Has been treading water since last weeks falls, that's both in the USA and over here. One nromally leading the other.
Today though is the first time that the Americans started to dip their toes back into the market with both the Dow and Nasdaq well up.
I enjoyed the sunshine for most of today and intend to do exactly the same. Should be an easy 50% from here and I'll probably hang in for any next bid action.