George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
@yespsb
Totally agree that's why I moved on about a year ago becauseof MM's shenanigans, but Kelso's intervention attracted my interest again. MM the great deluded one is too vain to realise that he doesn't have what it needs to realise the full potential of THG's assets any more, as for the Chairman well he's been a complete joke. MM appears to be locked in a fight to the death with the city and media critics. Maybe the criticism that Kelso has publicity documented has brought a touch of reality to the situation and finally the great deluded one will start thinking of the big picture and the interests of all shareholders, instead of his personal fight with his detractors? Medium term hold for me now for Spin off or bid approach. JMO Adyor GLA
If THG was valued on the same terms as Darktrace it would be £16 billion, not that I'm saying that is the true value of THG as in a different sector, but seems very undervalued because of the Deluded one sticking two fingers up to the city it appears. JMO
Darktrace is being offered 5x the value of THG's entire business yet it only has half the turnover of THG Nutrition or Beauty divisions alone, that speaks volumes of what the city thinks about the Deluded one's management skills it seems. IPO value for THG £5 billion, now languishing at £800 million..You can see why Kelso think a lot of value locked up in THG..JMO Adyor
Darktrace had a mere £545 turnover last year that's only 25% of THG's, their shares were only trading at 350p at the beginning of the year now offer of 620p/share on the table and valued at over £4 billion......Can't wait for the offer for THG or the Spin off valuation... funny thing is Shorts were adding right up to the day before so did they know something and trying to drag the price down for the buyer??? JMO Adyor.
https://www.lse.co.uk/rns/final-results-myvzvfakdj8qbuc.html
https://www.lse.co.uk/news/thoma-bravo-to-buy-uks-darktrace-for-about-532-billion-4beyzn1ebhci2zl.html
This is what may happen to Redx if it relists in USA or might happen of the markets before then...Jazz Pharma deal worth potentially $870 million and Redx only valued at £35 million today...bonkers.. JMO Adyor
https://www.lse.co.uk/news/top-news-darktrace-accepts-usd5-billion-private-equity-takeover-offer-ygppjv2vqno24df.html
Unfortunately London markets are historically run by a load of 'Old Boys', Spivvs and Con men and they have a very short term view of companies...the London markets have gone nowhere for 25 years, in fact if you take inflation into account the FTSE is down about 50% from where it was 25 years ago. The US markets has galloped away in the mean time. I'm glad in a way that Redx is moving away from AIM albeit it has caused me some short term inconvenience. See you all on the other side of the pond. GLA.
Redx Pharma have announced they are delisting from AIM as the London AIM market does not recognise the true value of the company, its potentially looking at relisting on another exchange.. Too many spivvs running the show in London it seems? USA and other markets seemed to have seriously decoupled from London as it gets left behind..
Someone keen again today, 100k buy at the opening bell, 950k on Wednesday at 11.90p and a lot of large buys all week, is something in the pipeline or someone stake building?
Very disappointing performance compared to Tesco, flat profit, flat dividend just don't see where growth is going to come from. There's too much competition from Tesco, Aldi, Lidl, Ocado etc etc....UK retail looks to be going nowhere for the next 20 years but sideways it appears...JMO Adyor
Whoops for to added to video link....
https://youtu.be/CwKllJ_mj3c?si=vMbDO-gujjYoVHCE
Schroders article paints a similar picture about the decoupling of UK and US stock markets. All of the UK FTSE indexes has gone sideways or backwards for about the last 25 years whilst the US markets have surged to all times highs despite Covid 19 pandemic and the war in Ukraine... A fair few companies delisting, moving to US listing or being taken out by Private Equity buyers as the UK markets grind to a halt despite recent FTSE 100 high water mark. JMO ADYOR!
https://www.schroders.com/en-gb/uk/intermediary/insights/six-charts-that-show-just-how-cheap-uk-equities-are/
Schroders article paints a similar picture about the decoupling of UK and US stock markets. All of the UK FTSE indexes has gone sideways or backwards for about the last 20 years whilst the US markets have surged to all times highs despite Covid 19 pandemic and the war in Ukraine... A fair few companies delisting, moving to US listing or being taken out by Private Equity buyers as the UK markets grind to a halt despite recent FTSE 100 high water mark. JMO ADYOR!
https://www.schroders.com/en-gb/uk/intermediary/insights/six-charts-that-show-just-how-cheap-uk-equities-are/
That doesn't surprise me, I am moving all my accounts away from Barclays and HSBC to Interactive Investor as the aforementioned are totally useless. I would have bough a big chunk more today if I could have as I'm not trading them but in for the long haul, Tang Capital just bought over 3% of the company in the past week or so. JMO ADYOR!
Looks like retail buying has been blocked by most brokers only selling allowed it seems, tried to buy in some more but blocked on two platforms, hence why the likes of Tang Capital have been mopping up the retail shares it seems? JMO ADYOR!!!!