Member Info for MarekQ

@knowbodyyouknow

Here's the link if you would like to join inn

https://t.me/TheHutGroupCHAT

The barclays price target is irrelevant, you could just as easily have picked JP Morgan who have a price target of £2.36 or even bloody NUMIS.

The Betaville article clearly marks the story as a rumour only, but we should at least consider the possibility that there is some truth behind it.

In the GQ interview MM hinted that he was prepared to take THG private, at least that's what I took from his comments as did the FT.

Thursday and Friday THG traded over 20 million shares each day versus about 4 million on Mon,Tues and Weds.

The share ownership of THG makes a buyout fairly straightforward, the top 7 shareholders own 53% of the company.

Company floated at £5.4bn, rose to about £8bn and now sits at £2.4bn, so in anyone's language it IS a potential takeover target.

According to the FT the average premium on SP for Private Equity buyouts of european companies 47% with the maximum being 70%.

So on yesterday's close, your looking at £2.87 - £3.32 as a realistic offer for your shares IF there was a possible buyout. There is NO chance of getting near the IPO price of £5, as if the SP was trading anywhere near £5 there would be no talk of any takeover/buyout

Yeah that's all there is.
You pay the dosh or make up the headline yourself lol

No that's all I've got mate.
I was sure you would pay the subscription.

It's on the THG board on ADVFN.
The user b1nky posted some details.
The actual story is here ;
https://www.betaville.co.uk/
But it will cost you £12k to read it.
When you sign up would you please post the details here :-) :-)

@danl90

No, that post below is the rumour prior to the Softbank deal in May, just click the link and scroll down the page till you see it.

https://betaville.co.uk/tags/the-hut-group/

Today's rumour from the same £12k a year share service is that MM is about to make an offer to take THG private

@ danl90

Are you getting that from the post on this page ???
That headline is from 10th May prior to Softbank.

I agree with you that it would cause a **** storm.
But don't see how it can impede going private.
If it was overvalued no-one would want to take it private.
Only undervalued companies are taken private.
If he goes public with a share offer then the market will determine if his offer is 'fair'

Don't see any problem with regards to the FCA. If he offered £3 per share today, he would be paying 50% above market value, as share price is market value.

MM/THG have done nothing wrong, in fact the have surpassed all targets set at IPO. The City Boys have decided the Company is worth £2.4billion, so if MM and friends offer £3.6billion for it, that is their perogative.
Though granted, it stinks

What figure are we looking at then ???
50% premium to today's close £2.94
That's one hell of a discount on the IPO price, and they've beating all targets since IPO

No mention of anything on the authors twitter @bharringtonw11

I don't have access to the article but it marked as UNCOOKED.

Their definition of UNCOOKED is ;
UNCOOKED: Market gossip as Betaville receives it. This scuttlebutt has just come in and hasn't been checked with all of Betaville's well-informed RARE sources let alone formal journalistic channels (public relations executives, bankers etc). The rumour might be total codswallop, rubbish or nonsense - but then again there may be something in it, so it's worth airing on Betaville.

So it unsubstantiated tittle tattle

As of June 30, 2019, BlackRock's assets under management total US$6.84 trillion across equity, fixed income, cash management, alternative investment, real estate and advisory strategies

Their stake in THG is currently worth about £120m, chump change to them.

Less than 3 hours in, 5 million shares traded !!!
15 million today ?????????

We've got volume.
2 million trades first hour !!!!

Something doesn't feel right about this board drowning in positivity :-) :-) :-) :-)

@ Captain Mando
Love that find on the Aussie numbers.

Well done to all the private investigators.
Thank you fir your efforts.
Remarkable that Alice's posts have put about £80m on the company's market cap.

MM needs to get her on the BOD instead of *******ing her LOL

Boohoo and Asos up 2%.
THG down 3%
Completely down to the lack of a trading update.
Market expected an update, didn't come, assumption being that sales are "only" in line with expectations are maybe below expectations.
Downward pressure will continue until BOD provides encouragement on revenues. :-(

@pokerchips
To infinity and beyoooond

@mando
My strategy is still to hold as long as necessary as I still believe in the company, even if the rebound isn't as per my original plan :-(