RE: City am24 May 2024 14:38
OK let's put this all to bed.
1. There is plenty of evidence to suggest that THG (specifically Nutrition) is undervalued on a peer basis.
2. CityAM is owned by THG. Therefore, whilst the articles are supposed to be independent from an editorial perspective, we all know that CityAM would be extremely unlikely to write a negative article on THG. This is the case for most newspapers in all honesty, they all have a bias be it the right or left.
So yes, an article in CityAM that talks glowingly about the very division that the parent company owns could be a little biased. But on the same token, the peer valuation comparisons show the huge disconnect today.
Meanwhile, the price is sitting at 75.5. Above Ste2ks mythical 74p support level that was supposedly "gone" as of yesterday. Onwards....