Member Info for Mando_

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Many US tech stocks looking green in pre-trading.
SPY +0.84%

Reposting my message from the 8th below for new joiners to THG... Enjoy !

8th December 2021 Post
For all those needing some emotional support today, lets go back to our friends from THG again:
(for anyone who's new here or didn't see yesterday - these are exact quotes taken from posts by THG employees on LinkedIn celebrating recent performances over November, Black Friday and Cyber week.)

"This year’s Black Friday was more special for me as it was the first ever Black Friday for Homebase with PHENOMENAL results."

"The very first Black Friday campaigns for Homebase and Bathstore not only delivered, they absolutely smashed expectations out the water! "

"It’s Singles Day 2021 here at THG! Last year, our Beauty Brands Team Asia had a record breaking day and won ‘Team of the Year 2020’! The team already smashed this years targets before the day had even begun & will be celebrating all their efforts next week! "

"An amazing first Black Friday with THG Ingenuity! Congrats to all my fellow fashion team for smashing our target! here’s to the rest of cyber week & many more successful Black Fridays to come!!"

"The end of my first Cyber Week at THG Ingenuity as an E-commerce Trader, and what a week it’s been! After months of hard work, preparation and relationship building, I drove my account to exceed target throughout the entire Cyber period with some record breaking numbers. "

"Well, that’s a wrap… 5th Cyber Weekend with THG completed! Shout out to all of our amazing affiliate teams in Beauty, Own Brand, Health, Ingenuity, Luxury, Consumer, Diet and Glossybox for delivering a record breaking year for the channel!"

"I have learnt so much this weekend, and I am very proud of my team smashing our targets!"

"Happy Friday LinkedIn! THG’s Beauty Squad have been working incredibly hard to ensure we have another record breaking Q4 so we thought it would be a nice opportunity to get together, share our successes, award our weekly nominees with some great prizes & raise a glass in anticipation of the huge Black Friday / Cyber we are are no doubtebly going to have in 2 weeks time!!"

"Black Friday at THG is not just another day. It is the defining moment of our financial year. I am SO PROUD to say that this year we hit RECORD BREAKING sales, new customers, onsite conversion and traffic numbers across our Australian Beauty sites. What a way to wrap up another phenomenal year. Bring on 2022!"

"On Friday THG Beauty joined together to celebrate our stellar performance through November including a record breaking Singles' Day 2021."

"BLACK FRIDAY 2021. What an amazing event celebrating another record breaking trading day"

Well done Jake. Good luck to you

@flyer - I don't completely disagree, but personally I think this country would be in a far greater mess today if Corbyn had been elected... I like capitalism. I also like to support the UK. Which I guess is probably quite obvious considering I'm on this bulletin board and investing my hard earned cash in a British business.

?

4m shares gone through after the UT shown on ADVFN

https://uk.advfn.com/p.php?pid=trades

@Nuri
You need to close you PUTS before its too late.
Day to day, there may be some fluctuations in price, but it's on an upward trend now and no one on this little message board has any real influence over that.
You're wasting your time.

Profit taking. To be expected.
Personally there's I'm no way trading this. Not with 3 days of green, nice volumes, and a media starting to support the stock. If I sold, I guarantee the stock will just go up a few minutes later. It always happens.
Real FOMO hasn't even kicked in yet

hahaha JKU
That really made me laugh!

Just also seen on ADVFN trades 4.3m shares in addition to the 10m UT being traded at 18:46 yesterday.
Registers as a buy with the trade at 188.90p and the Bid/Offer at 187.90p/188.80p at the time, but when it registers on most systems first thing Monday morning it will look like a major 4.3m sell off from today's 190p UT price. Something for retail investors to be aware of and not panic over when they see such a large sell volume first thing Monday morning.

It was triple witching day yesterday so we expected bigger volumes. Hopefully we'll see some further reductions of short positions on Monday, especially considering Cube's slight short reduction on the 16th December and Barclays latest 630p overweight reiteration last week.

https://www.investopedia.com/terms/t/triplewitchinghour.asp
"Triple witching days generate trading activity and volatility because contracts that are allowed to expire may necessitate the purchase or sale of the underlying security. While some derivative contracts are opened with the intention of buying or selling the underlying security, traders seeking derivative exposure only must close, roll out, or offset their open positions prior to the close of trading on triple witching days.
Triple witching days, particularly the final hour of trading preceding the closing bell, known as the triple witching hour, can result in escalated trading activity and volatility as traders close, roll out, or offset their expiring positions."

Just noticed cube reduced their short slightly on the 16th.
Wonder if that massive UT on Friday was another short reduction?

US trading much better currently, especially in tech. All the ones I hightlighted earlier below are now blue (except MSFT). Nasdaq now blue.
Maybe the latest news from South Africa on Covid is helping, with far less needing hospitalisation than Delta, and most not needing ventilators or oxygen, most just breathing natural air and being monitored.

Seems to be holding up far more naturally today. Lots of 10,000 ordinary orders going though during the day.
People starting to see THG as a good investment from the small amounts of more positive news coming through now.
Not seen much FT/Times/media FUD on THG for a while.
I expected a bigger 4pm drop with traders taking end of week profits but is looking relatively good.

LinkedIn ad
https://www.linkedin.com/posts/thg-ingenuity_thg-ingenuity-x-homebase-activity-6877608333981839360-zfuf

Video
https://vimeo.com/514007292/5ac4cfaf3d?utm_source=website&utm_medium=webinar&utm_campaign=ingenuity_x_homebase_case_study

I think we need to ask ourselves why two of the most negatively targeted LSE Tech stocks over the last few month (THG and DARK), have both had a couple of days of nice gains when most US Tech Stocks are having a really bad time over the last 2 days. I think the market feels these are now safer investments now than many US tech stocks.

US Stock / Yesterday / Pre-trading today
MSFT / -2.91% / -0.88%
AMZN / -2.56% / -0.77%
QCOM / -5.88% / -1.31%
AMD / -5.37% / -1.49%
AAPL / -3.93% / -1.17%
PLTR / -2.76% / -1.85%
FB / -1.98% / -1.05%
TSLA / -5.03% / -1.41%

I could go on.

Thanks also by the way. I hadn't noticed it before.

Sure, I was just agreeing with you :-)

(correction 6.52% on profit)

Thanks for that Marek, yep, 0.58% reduction in sales and 5.52% reduction in profit forecast should not be a problem in this climate and already baked in considering the update was on the 13th like you advised.

Personally I think THG are very diligent in their information sharing and I don't get the previous concerns about corporate governance. Their investor relations website is one of the best out there.