The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Still paying € 9 euro cents a share dividend whilst sitting on €33 billion of debt, despite all the major asset disposals and share buy backs...unsustainable business model imo, far fewer cash generating assets now servicing a debt pile that isn't going down it seems. JMO Adyor.
There's serms to be a change in mood around London Shares at the moment, US markets have got so far ahead of London its ridiculous and investors are starting to realise how undervalued some UK stocks are . The FUD machine from US Hedge Funds isn't going to keep working for the shorts much longer, especially if THG gets a number of positive broker notes..JMO Adyor
The Hedge Fund FUD machine may roll on until their is another bid approach. Mind you, if a number of brokers start re rating THG then the Hedge Funds might just cut and run, it all depends whether th
Another good example was Pets at Home, the Hedge Funds spread hundreds of rumours about the imminent collapse of the company about 5 years ago and drove the SP down from 500p to about 80p, it all turned out to be a pack of lies spread by US based Hedge Funds, the company just got on with delivering great results and increasing dividend payments and subsequently the share price rocketed to over 400p. Nevertheless, the Hedge Funds made many many $millions trying to destroy the company and a lot of shareholder's panic sold because of all the bad news stories being created by the Hedge Funds and their media mouthpieces. JMO Adyor!
One of the main reasons for Shorting is not because the company is failing it's because Hedge funds/PE are preparing the way for a takeover. Darktrace is a recent example where shorts were being opened right up to the day of the takeover announcement. The fact that Apollo etc have been circling THG forthe past two years reinforces my view that the shorts a being paid to keep the share price down. JMO Adyor!
My Protein valuation £3.5 billion if you compare what Darktrace was bought for a couple of weeks ago. That's about 260p a share just for My Protein. If it was spun off as an in-specie dividend, no CGT to pay until shares are sold. JMO Adyor
I agree, institutional investors stampede to buy 25 million shares from company director, who is still the largest individual shareholder in the company. Irish entrepreneur Cathal Friel turned around the ailing company with new management team, a company that was burning cash but now has more than £30 million in the bank and turnover has increased by 500% within 4 years. A real success story. JMO Adyor!