Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I have strong doubts about him as a CEO. Great CCO but his main job to manage investors (all investors as a listed plc) and create value for them is totally unproven as is his ability to stick to the year 1 business grad smill of under promise and over deliver
But value always gets realised I'm not sure he will be the one that does it
I.totally get operational efficency savings its part of life and THGs declared strategy to automate
...but the sales and marketing rationale does need explaining
Where are these big several £1bn gmv whales he was so confident about.
Could this finally be happening US listing
Separaton complete
Nasdaq at peak FTSE in doldrums so timing perfect
Statements made by Ceo and hints since nov
Large softbank team at head office
Clues are all there!
Wuestions needs to be sajed of damien daunders. He wabts the top.job buy eont out his money in. Show some commitment or leave the post Between him IR dept and chair there must be getting to 2m of cist and litte value
Agree with many on here.
Another miss at year end after a hot reassuring Q3 update, tail winds galore, bumper ecomm xmas trading and peer business sectors posting good results wiil not be well received ....especially after splashing cash on city fm and that stupid gorilla
Just cant see it
...but if a miss then he will really start to look like the nutjob foaming at the mouth bare chested mad man
This dejayrd uodate us intriluiging
If I were bidding now it would be free cashflow. I'd love it to get to divi soon we can't be far off that....again it would be great if they put some strategyuc markets down on this
No point generating cash then using it to pile into new assets if they aren't generating cash. Its got to make its way to shareholders soon
There are many different valuation methods used depending on circumstances of buyer mainly ...all are valid
PE to a dividend investor
EBIT multiplier
Balance sheet asset values for stripping or getting a sought after asset
DCF
Brand value
Arbitrage valuing
Revenue for early high growth in tech where profits may not come for years
To say there is only one is niaive and ignores the value pertinent to a buyer which can vary enormously on circumstances
Surfice to say though good high quality growing ebit and cashflow is the trump card at moment (but not always) and THG are about to hit a major event on this going +ve
Interesting. I struggled with the logic of when opening shorts drops the price so much but a much lesser bounce on closing. Its the panic sellers who follow them on the drop who maginify things.
....but then why doesn't FOMO work the opposite way in magnifying the closure effect?
Hardwell i thought the same. The IR team must be completely unemployable now after their disasterous performance its only the basics we need not even good practice. Its know across the whole market how badly they have done.
despite their position of being able to control, they have thenselves lost all controll of investor relations which is now done by other darker actors and the likes of kelso.
It would be better just to remove them and save us the money?
Their professional peers must be thinking the same
On the other hand he could be totally legitimate in acting in our best interests. Issue is we just don't know as his IR and the man himself are appalling at talking to us.
I do think it's more am issue of skill than will. I could not understand his life legacy after all this is be a man who stuffed softbank and anyone else that invested in him. His work with charities is an example of why i think this
There are are few other things here...
1. The takeover protects shswhokders all holders of any class must be treated the same. This protects s small shareholders using law so he can't divorce us from the others he wants to protect
2. He has already said on public revmcord 170p significantly underscored the business abd rejected a bid on that basis
3. His reputation would be on tatters given tlwgat happened to softback also. He would be uninvestable