Member Info for Mando_

That's the positive end of the day move we were looking for!!!
GLA

And here come the buys. Typical Friday shakedown

MUST be an RNS coming tonight or tomorrow morning!
Has to be

Shorts getting desperate, or an II desperate to buy THG.
ATs keep pushing this up.

On ADVFN it looks like ATs are pushing up the price and O sales are pushing the price down?
Does that mean retail investors are selling holding the price down now?

$h!t !

Does that mean the start of a ruddy tumble now then?

Er. what was that drop to 182p on huge volume just then?

This feels like it wants to break past 190 so badly.
Who else just watching minute charts right now?

Ok cheers Valueplay.
I just wanted to check if you were still employed for the shorts. I'll sell up today and buy some back tomorrow and next week as the stock is pushed down again before the PUTS expire next week. ;-)
(sorry, just playing. I appreciate your take on things - good luck my friend!)
Cheers

@ValuePlay
Are you buying in yet?

Let's hope so. Fingers crossed.
I'm actually trying to hold back my excitement tbh. Every time I've got hyped on an uptrend the SP has suddenly reversed lately lol.
But hopefully that RNS from BlackRock explains the selling pressure we've seen lately, and they've completed their selling and the only way is up from here :-)
GLA

@Pokerchips
I was on zoom meeting at my old company with Senor Management from AO last year, probably around September 2020 if I remember correctly.
They were talking VERY bullishly about their plans for business growth, and building growth overseas with new warehousing and systems etc.
I left my company in March 2021 so I don't know latest plans, but I guess based on the current share price, AO could well be a very good investment now.

https://www.business-live.co.uk/manufacturing/thgs-43m-deal-snack-maker-22408541

Still looking bullish today

My thoughts on the RNS for what they're worth.
BR previously had 5.37% shares = 75,335,789 shares. To cross the threshold below 5% yesterday they would have had to have sold a minimum of 0.37% or 5,190,734 shares.
From the RNS, it only shows the date the threshold was crossed, being yesterday. It doesn't state the date they started reducing their position from 5.37% stake. Also, they must have been selling prior to yesterday as total shares sold yesterday were 2,029,282 (= half the traded volumes or = half the buys 2,328,846 + sells 1,437,323 + unknowns 292,395 - data from ADVFN).
So based on the volumes traded in the market and knowing there was more than 5.19m shares sold off by BR, they must have been selling this stock down over the course of a few days at least because the sold volume is higher than the last couple of days full traded volumes, hence the recent price push downs in the last week and possibly why the price recovered yesterday when they possibly stopped selling (or this little bulleting board actually ramped up the price with the talk over the linkedin posts - which I doubt).

Another point, in the previous BlackRock RNS 18th October (link below), they showed they had 7.2m shares out on loan to shorts.
https://www.lse.co.uk/rns/THG/tr-1-notification-of-major-holdings-vdx5vlvmct93gvy.html
See in the link 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) / Securities Lending / Number of voting rights that may be acquired if the instrument is exercised/converted / 7,184,497.
Have these shares on loan now been sold, pushing BR below the 5% threshold, and signaling a reduction in short selling pressure in the run up to a peak trading statement?

So the question now is have they stopped selling? Have they sold off the short positions? If yes to these questions we could start to see SP recovery. And who bought the stock? Retail investors? MM? Directors? Other major investors? Is another RNS coming to show the buys?

So I wouldn't see this news as negative just yet, especially after the positive share price action we saw yesterday and closing in the green today also.

I'm still very much a novice retail trader so can someone with more knowledge and experience than me please check my understanding here and advise?
Thanks.

@deos
Depends on if people start panic selling.
We don't know who bought the shares. The stock was traded yesterday and the stock looked like it was selling off in the morning, and then strongly recovered in the afternoon, but I'm not sure if it was sold privately out of trading hours, and who to. No doubt we will get an RNS on who has bought the the stock. It could be directors or another institution. Shares moving from one institution to another isn't a big deal. Black Rock is the biggest asset management company in the world with $9.5 trillion USD of assets under management , so their investment in THG of about $150m is only about 0.00158% of their assets. They probably think about THG less than some of us here.

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"

Sounds like Boris is moving to plan B

Zero AT trades since 13:25..
Slowed right down.