Member Info for MSG4GO

Even if it is impossible someone to have invested in THG without a significant loss (except of shorts, which is not really investment) I think MM looking at the SP would thing "Look how they massacred my boy" like Vito Corleone in Godfather... I hope instead talk the talking, to walk the walking and do something to support his company.

I completely relate... I am into THG, Boo, Asos and I have a massive paper loss. For THG I "managed" (interesting usage of the word) to average down to 1.75, but it's really painful. What I am saying to myself is that these are real companies, with real products on demand, with real customers and no matter what the SP does, I had my protein shake in the morning from myprotein, I wore the clothes I bought from ASOS to go to the gym, etc as many other people did today... Let's don't loose track of what is happening in real life, by looking a chart...

How sad is this...

With their promotional offer of 80% on everything on boohoo website, I didn't expect that will apply on their SP, too. Maybe they should start selling also their shares on their websites.., "Order now a dress for £2 and get 5 shares of Boo"!

What do you make out about this news? I believe this is a positive signal...

Michael Gove’s ‘warehouse tax’ on online giants is blocked by Treasury
https://www.telegraph.co.uk/politics/2022/01/21/micheal-goves-warehouse-tax-online-giants-blocked-treasury/

What do you make out about this news? I believe this is another positive signal together with the reopening...

Michael Gove’s ‘warehouse tax’ on online giants is blocked by Treasury
https://www.telegraph.co.uk/politics/2022/01/21/micheal-goves-warehouse-tax-online-giants-blocked-treasury/

@NOFEAR maybe this is an indication of "don't worry, be happy" because if many of us are down some thousands or ten of thousands of £, the Kamanis' are down billions this year and they don't seem to be worry that much :)

But this isn't any issue this time with specifically Boo, Asos hasn't performed any greater... They shared the trading statement, the SP went up for a day and then went back to decline...

Time I guess will show if this was a once in a life opportunity to make a fortune, but as for now I am not sure what the catalyst will be to trigger both ASOS and Boo

When the gov introduces restrictions, the SP goes down because people don't purchase clothes for going out and return their dresses, when the gov announces the end of restrictions the SP goes down because people will purchase their clothes from brick and mortar.... So basically, no matter what's been happening the SP will go south...

This fall may work in MM's benefit... THG floated on the London Stock Exchange, the largest IPO on the LSE since 2013 , in a high valuation, MM gets the money and with his cr@p triggered everyone to sell, the company falls to a ridiculous low like £1 and then he takes it private again offering the shareholders 70% from the low...

His history on deals doesn't strike me as a honest businessman.

Back in December we were hoping for an update to stop the decline, they came with one and it was a profit warning! Don't get me wrong, I am invested long in Boo and I hope to recover soon, but it seems the big guys are taking their money out of growth companies and pour them to "value"... Maybe this is the .com crash of our generation... Fortunately Boo has a healthy balance sheet and will survive...

No matter what MM would have said or done, I think the stock would have been in free fall today like almost most e-commerce... Anything tech related even remotely falls, the article below points it out... And as the saying goes "When elephants fight, it is the grass that suffers" in this case, I belong to the grass unfortunately

https://www.bloomberg.com/news/articles/2022-01-18/hedge-funds-are-dumping-tech-buying-oil-in-search-for-returns

From his LinkedIn profile doesn't seem to be a big time transfer... 6 years ago when he was in Amazon, he worked on Amazon Prime Video and the last 6 years has been doing something completely irrelevant to THG's market... I hope he haa overstated in his LinkedIn

340,300,260, 200, 190,160,140,100... I keep buying the Dip, but it seems to be in free fall. It cannot go bust because it hasn't debt but let's see how long it will take to recover to the 300s. Last year I made some good profits from Boo, this year though I couldn't get it more wrong... It must be my obsession with round numbers :) I will not only blame my wishful thinking but also the BOD, the profit warning came a bit late, Kamani family hasn't bought their shares all of this period.

It's really painful, I hope it pays off in mid term