Member Info for Monty888

Talking about Poland, did you all see epic: DPP, looks like enormous upside coming.

Ah per my earlier post, once details are absorbed and the junior analysts get approval to load up this should rise today and tomorrow. I lost confidence for a little while but it’s back now - (Wry smile).

Very surprised it’s not up about 50p today on the news, a little patience and the II’s reading and drinking a couple of cups of coffee to wake themselves up and I think today and tomorrow should see a decent rise (Hopefully).

This to me is the most significant part of the report, we are generating serious cash now and losses are reducing massively, that’s really good proportionally to global growth rates as we still need to invest but it’s where I wanted to see it (phew :) “The update came alongside THG's annual results, which showed revenue in 2021 jumped 35% to GBP2.18 billion from GBP1.61 billion the year before. Its pretax loss slimmed to GBP186.3 million from GBP534.6 million”

There will be a lot of analysing and noise for a while (positive & negative) but at the end of the day the numbers talk and there is really big business here that learning and getting smarter at what it does and how it’s run. It’s knocked back all the low ballers and says it continues to do so. (GOOD). More time needed to release the value but has to be worth its 500p float price. Happy to be onboard and good to see the business being held together and well run meeting and indeed exceeding all its promises at flotation

The trade whether M to M or split, I think a single trade and a flat SP doesn’t say much strategically. If the news tomorrow was going to be good it would have leaked and we would be flying as we are sold down to the depth right now. My guess is less than anticipated growth but still revenue growth. Lower margin again due to higher input costs but still a net increase in PBT purely from the revenue. The PBT will of course be a loss but a lower loss than previously. I think we will continue to be range bound somewhere around 85 to 105p. Still fundamentally undervalued but until the business model shows way more growth in Inginuity as well as our retail all the shorters can’t be proven to be wrong and the serious money will watch and wait as there are plenty of other safer more transparent tried, tested and aged shares to buy a plenty right now.

They have all the reasons in the world to double their pricing, rare earth minerals, Labour inflation, freight and Covid-19, high capital investment. Unless their IP has lower cost alternatives. I think they are probably a bunch of commercial numpties and need to higher a decent cost accountant. If so it’s savable and they are also a takeover target, if no I’ve made another bad investment - Let’s see what the new leader can deliver, a lot to prove I think. (Not Happy with this shower who are quick on their LTIPS and yet to show they should even be employed.

Many days almost no trading past few months, now it’s like a waking Giant I think. Just a few buys and the price will rise very fast due to liquidity and historic trading patterns.

Although inflationary headwinds on ingredients, a lot is passed on and very busy now with the spill over activity from the Ukraine crisis and also the relaxed Covid rules. Could be get back to 50p step by step. Noticeable in previous numbers they shared the recent 2 months not in the numbers were record highs, if that continues as I’ve heard it has we could have some exciting advances from now on - DYI GLA

Well spotted Rock and thanks also OA. Cantona. What’s a little disconcerting is nearly all major company formally via RNS share their final results dates ahead as we did last year. It’s maybe not a material concern unless the auditors are finding some issues and we are going to get a delay (this haunts possibility and the stubbornly low SP haunt me frankly. When final results are being printed and they will be known, it’s hard to keep that completely water tight and one often sees a uplift or drop ahead of the results. I’m in THG big time and long and per previous posts have this at fair value 150p to 250p in today’s market - Hope my fear are my own paranoia and we get results on time and we see big steps to break-even and more growth. Ingenuity doesn’t seem to growing qtr on qtr much if it was I would rate us at 500p plus fair value. GLA. Thanks for the posts with the facts and articles and for sharing.

They did also confirm FY22 Q1 is excellent already as well. Once brokers re rate and Investors Chronically and Midas etc catch up with this I'm sure we will get to 100p pretty soon. Just a delayed reaction I think.

Well really great results, inflationary costs will be passed on and yet the share price falls from a very low P/E already plus NAV/PS is about where the current SP is when you add back the cash. I can’t begin to figure it out. Logic just shot out the window with great big wings on it.

It would be nice to clear announcements like the date they will publish their results. Normal
Connecting with your share holders never hurts, MM and the new hair man need to show a different style and respect to their share holders I feel. Maybe they will send a date later this week. I’m really looking forward to seeing how we are doing and the forward statements etc and hoping to see a much more investor friendly approach going forward. A change in attitude alone will start to drive the SP. (Like normal listed companies of this size do). GLA.

Ok it’s the house broker Cana. saying 510p buy back in January. This a fast moving well run business that’s predominantly in EV & data Cloud, the BOD as a stack of skin in the game. We were 495p just a few months back. This definitely extremely good value at anything under 400p. I think it’s a very good share to be holding or putting in an ISA (As good as they come).

Ok it’s the house broker Cana. saying 510p buy back in January. This a fast moving well run business that’s predominantly in EV & data Cloud, the BOD as a stack of skin in the game. We were 495p just a few months back. This definitely extremely good value at anything under 400p. I think it’s a very good share to be holding or putting in an ISA (As good as they come).

I took a hit and sold out. Reasons: The RNS’s and the new contracts read like we are on a new Microsoft or something technology ground breaking. The grim reality is the revenues are tiny, it’s not generating cash at all and it’s all puffed up. Until the bottom line grows significantly (if it ever does). The story just doesn’t add up. (AVOID FOR NOW).

It’s a really weird world for the brokers, they just can’t figure it out at all, so all within the past 3 weeks we have:
Liberum 700p (BUY), RBC Capital 500p (Outperform) & Barclays 150p (Over weight). I reckon we must be fair value at 300p and if we generate cash and reduce debt we gotta be around 600p. Whichever way you look at this the current SP is being held down and the big money manipulating this will likely pile in after this very cleverly well orchestrated Tree Shake. I think just a little more patience needed and the rewards or the come back if averaging down like me will pay off - GLA

Oi Oi - My take is if they can get enough new and used car inventory the Sales, profit and everything else will be fantastic numbers. It will also be interesting to see the net book value of their properties aside the recent sale and leaseback. Properties continue to rise so having them re independently valued would make the balance sheet look really great I think. This tick all the boxes of a Warren Buffet super smart investment in my opinion. We also shouldn’t forget Constellation paid 102p per share to acquire their stake a while back. To me that’s a fair value floor and I find it hard to understand why it trades below 102p. I guess it’s just the markets in general. When the tide goes out all the boats sit lower on the horizon. The tide will turn as it always does and I’m very very excited to be invested in Lookers right now!

Thanks Beth, very constructive Value Adding posts and perspectives for people that read them carefully.

Great little share for the BOD to keep pretending it’s a viable business, they keep making money PI’s keep
Getting poorer. Absolutely un-investable, sad to see the tampers keep tricking people into loosing their money like Bromby, Jiddy123 and others. Been warning people for years getting trolled but I’ve been absolutely right from day 1.