Guys Don't Believe The RBC THG £5 target price. It won't!30 Jan 2022 22:03
Good Sunday everyone (*_*).
I pity anyone that will try to make a short term on the belief that Softbank will save their day as they won't go ahead with that promise unless substantially revised that would hardly make that expected share price effect. Also, the RBC broker who recently went against the other brokers, have single themselves out for when their £5 TP will badly fail to materialise and would get to pay the price for any future ratings as no punter will ever take note on the basis that have been largely incorrect and cannot be trusted. I've personally suffered big losses on a very high TP set by RBC on a company called Harbour Energy Plc who they had initially given a £6.50 TP and some months after downgraded to £3.50 and took a hit when I was invested at £4.51. The shares dropped to £3.25 on their downgrade from a £4.34 point. RBC have also been and are still on of many Harbour investment bankers commercial advisors and as always they each rub each other back sides. Imo, RBC brokers are in cahoots with the THG guys and there is more to it that what you've been told. TrustMe!
Anyhow, I wish everyone that's planning to invest in THG. PLEASE DON'T DO IT!
If your intent it's to come to THG to either recover losses taken elsewhere on other stocks or you're hoping for a good return just because of what the rampers here tell you, the most you could get is max to £1.98. Moreover, if you're that lucky to get that far from current levels, you might not be realising that it would be not without the constant pressure from the unknown and known hedge funds who are not going to give in till THG drops well below the recently seen bottom or £1.14p.
This is why, I would strongly advise you to get your money together and invest in an excellent stock that has been fighting tooth and nail to clear their debts down even while in the middle of a pandemic. I'm talking of Capita Plc, which this past Friday touched a new bottom or 31.3pence since early of the pandemic of 2020. I've been making alway large profit margins with Capita while losing money elsewhere due to investing in shares the were well over £1 which has been usually the max I would pay for a share or even better anything under 35p. So, realistically, you would stand to make a better return with Cpi by being able to buy almost 4 Cpi shares for the price of 1 THG share which its currently heading for a bigger slash in share price. Notwithstanding, that these are two different businesses operating in two different markets, both can be profitable if you buy them at best market prices. THG its definitely not one of those as yet, but Cpi is at the moment. I'm not saying that THG it's going to go bust, but it has further to drop while Cpi has already reached ground Zero. But unfortunately, Imo THG its still in mid orbit and needs to land to ground zero b4 a definite steady rebound where all the longs are dreaming it will do in no time to wait. I'm hopeful , that those one who don't want to chance
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