Member Info for Mando_

BIDS going mental off the back of multiple RNS
+162% in the last 2 weeks.
Not for me personally but FOMO seems to be really rallying this stock currently.

Hi Pander, Apologies. I misunderstood your first post and wrongly I assumed for some reason you were out and would re-assess post xmas. Fair enough and good luck.

On a separate point, NEXT earlier this year came out saying they wanted to become "the OCADO of the fashion industry", use their platform to sell other brand products, a little similar to THG. For THG to pick up Matalan to take improve their online offer and take the company global think it's a good sign of things to come from the other 400 or so companies THG already have on their orderbook to take live in 2022 as they mentioned in their Webcast. Loads more to come. :-)

Good luck Panda
Personally I thought you had the right strategy though when you said 23rd November as below. I guess you sold on the way down rather than buying more to average down.
"I got in at £1.87 and I am still in. I wasn’t looking for quick trade Gain over a week or so, my bet is based on the xmas trade period. I choose to go with following:
a) that christmas trading and margins will be very strong
b) that international markets will be very resilient in the face of covid
c) further progress will be made on ingenuity
So my play is to stick till 2nd week in Jan and see what the RNS says."

From my point of view as a long term investment, you got in at a great price. Many people here are holding at way over £2.00. I'm at £2.20 currently.

I know they don't always mean much in the short term, but latest broker ratings as follows:
Date Broker Recommendation Old Target New Target Rating Type
10-Dec-21 Barclays Overweight 660.00 630.00 Reiteration
05-Nov-21 JP Morgan Cazenove Neutral 347.00 236.00 Downgrade
03-Nov-21 Liberum Capital Buy 1,080.00 750.00 Reiteration
27-Oct-21 RBC Capital Markets Sector-perform 715.00 510.00 Reiteration

Also, it's Quadruple Witching Day today. Expect higher volumes in the markets and higher volatility potentially.

Lets hope so.
There are some differences to last month.
- Like pokerchips highlighted the other day, this month is slightly different to last month as we do also have the added quarterly expiry at the end of this month.
- Also after such a green day yesterday, how many positions were closed yesterday?
- Also the market impact due to the BOE announcing the increase in interest rates yesterday, and the impact on US markets yesterday after the UK close. Tech massively down yesterday on the Nasdaq.

Holders last month will remember we started down, and then rose and rose.

GLA
We'll find out.

Kallu will have some issue here though.
Too much evidence that THG is a business going places, with a strong balance sheet, record Q4 numbers as far as we can see to early December, planes bought for lower cost global logistics, Autostore warehouse complete, THG studios creating great content, Ingenuity customers continuously growing and beating forecasts.

Kallu's job is done on Boo. Time to buy BOOas a long as the pandemic ends, logistics and economies recover.

I'd be careful of that strategy JCB. Look at Cineworld's drop of 40% yesterday and max +15% recovery today.
Good luck to you though on your decision.

Great! Kallu's back!
Always know a short squeeze is coming when you're around.
Welcome back!

Cheers Poker. I also appreciate your knowledge also. I've learned from you over the last couple of months. You were the one who called 19th November growth from the PUTS expiries, on a day where the market was well down, we dropped 4% in the morning and then went against the market and ran up +14% or so.

Oh god lol !
As Obi-Wan once said: "Who's the greater fool? The fool, or the fool who follows him?"
Nah, I don't know how well this will do, but I do love what I see from this company.
Every penny change in this share is currently costing or making me £1,265. I'm averaged at £2.20. I go to bed some nights worrying about THG and wake up worrying about them.
But everything in my bones says this is a company going somewhere. I just hope I'm right so I try to re-assure myself by looking up everything I can. I also think it's hopefully good karma to share here with fellow private investors.
Cheers
GLA

Cheers IK.
Appreciate it.

@Goldenyears.
Completely agree. But e.g. I've worked for a major brand before and contracted a Distribtution partner to manage my old company's returns from Amazon. Got a sweet contracted deal with the distributor where they understimated the cost of returns. Just saying fulfilment costs logistics costs need to be calculated nicely in general. If THG Ingenuity are purely offering the software platform, it's different to them also managing the warehousing, which is a service they also offer, so they may require different contracts etc. That's all. I have full confidence they would work it out well.

Logistics update from our friends on linkedIn

"A moment to reflect on the last 6 months of my professional career. From being trusted with the responsibility of a shift manager at THG after just 9 months as a Team Manager, to being one of the first to step into our new fully automated fulfilment centre, to recruiting 40 new TMs and 45+ senior colleagues and launching M2 the flagship fulfilment Centre of the company.
We trained and deployed over 1500 new colleagues across all departments on different processes in preparation for our very first Peak which was a resounding success. We were faced with numerous opportunities which you would expect with new staff and new technology, but we learnt a lot and that will only make us stronger as we look forward to the future.
Thank you to all leadership team, my colleagues(SMs), TMs, SCs and operatives for the wonderful memories. Some of milestone moments captured in the below photos from bin prep and insertion, Jack Bottomley smiling after our first project building pump trucks, colleague recruitment, firts IWT from Omega to finishing Peak 21."

https://www.linkedin.com/posts/yankuba-jammeh-amabe-376b89a5_a-moment-to-reflect-on-the-last-6-months-activity-6877022399917785088-oCCv

Matalan report from their site:
https://production-matalanlive-assets.s3-eu-west-1.amazonaws.com/uploads/asset_file/asset_file/371674/1639579397.522254-Matalan_and_THG_partnership_press_release_FINAL_161221.pdf

BooHoo would be great.
Reverse logistics (returns) though is a huge issue with cheap fashion. One of Boo's issues highlighted in their RNS. Contract with Ingenuity would need to be tight from THG's view, but I 100% agree a perfect bail out opportunity!

(re-direction)

126,500 shares @£2.22

Exactly. They were falling behind when I was there 13 years ago and hardly anything has changed. Still way too many old-schoolers there, just continuing on how they always have. Needs bold re-directly in strategy, rather than just integration into Sainsburys stores.

Great news!!!
Imagine someone like Argos doing the same...
I worked at Argos as a Buyer many years ago and they've hardly moved on in the way they work. Huge potential for growth through their very profitable homewares/jewellery divisions especially.