George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
I expect Matt has a handshake agreement with major THG investors not to increase his personal stake in THG (thus growing his voting rights further), so he's demonstrating his confidence in THG by buying into a company that's buying THG...
Well I don't come to this chat group much anymore, but not sure how Kando has flipped so hard on very little change in data from 6 months ago.
For me, I'm still invested in the long game. Not selling or trading, just adding.
I thought there might be a short attack last week but clearly hoped it wouldn't happen (hence why I didn't sell).
No fear in my THG investment for the long term. This was always a long term play for me.
Recessions come and go, and most recessions only last a few months.
FCF by the end of this year easy.
Sitting on good cash.
Major investment projects such as automation in Manchester and New Jersey done.
Good capacity.
Going onto premium listing to increase market investment interest.
Looking for £7.00+ by end of 2025 with a Trump 2nd Term driving another massive bull run.
Cheers
Mando (not Kando)
No matter what anyone in here or in the corrupt media says, I trust MM and THG to deliver long term.
I'm happy to hold for >5 years for £8.00 a share again.
Then I'm banking my shares into solid dividend plays and taking early retirement.
Cheers
Next aren't doing anything similar to THG from what I could see from my research. All they are doing is buying from other brands to sell on their online platform, similar to Amazon marketplace. If anything it has made shopping on next.co.uk an absolute mess, because of too many brands and choice. It was simpler when just trying to buy a white Next shirt from Next, but now there's loads of brands and too much choice, so most people just filter on the Next brand anyway.
When retailers try to extend ranging and choice, it doesn't increase sales to the same extent, and in my experience can actually decrease sales. E.g. An increase of 50% range choice may only lead to a 5% increase in sales, if the retailer already stocked the best selling lines. Or you get sales cannibalisation. Look at how Aldi and Lidl are stripping sales from Tesco by offering a simplistic range. Next is losing its identity and is desperate to hold onto sales as the high street declines.
THG Ingenuity is very different from Next total or Amazon marketplace, enabling brands to only list their own products on their own sites and build brand loyalty, not just trade against their competition on another etail platform.
@goldenyears. I'm not Kando. Not sure how many times I have to say this. I just don't read much or post much here any more as I felt that this board is not very well moderated and it became infected with short supporters and day traders spouting nonsense to try to create bigger daily swings in the share price. I just do my own thing and stick to a private chat group on telegram now.
Cheers
Mando, not Kando (although I generally agree with his posts and sentiment)
Kando my brother.
Also I checked the trustpilot link. THG customer services are clearly actively trawling the customer feedback, replying and trying to solve customer issues.
Looks like good customer service to me!
:-)