Member Info for Novice82

Kelso were metaphorically slapped down by MM once he and his pal bought stakes in their co. Lest we forget, this was a direct response to the letter they made public asking MM for changes. They're powerless and they know it.

I don't personally think that this warrants a 5% drop, given the overall picture of the results. One one side, there is the moan about revenues declining, on the other side, EBITDA is in better shape. Yes I know that debt has gone up a bit.

As I said previously, THG are stuck in no-mans land really. They can no longer classify themselves as an out-and-out growth company (as evidenced by the revenues) but the market doesn't want to value them on the basis of better overall metrics either. So he's got a long road in front of him in continuing to deliver better FCF until the market ascribes any decent valuation.

Unless there is a corporate event of sorts.

"If you smell what the desperate are cooking?"

Quoting WWE phrases? sounds about right for a 5 year old.

Nibble nibble? How old are you exactly? 5?

If it's so obvious, why don't you short it and make some money?

Oh I forgot - you bought it at £4+. Try again Ste

Well in that case Ste I'd better sell up right now. In fact, we should all buy once the UK market opens every day and sell out before the US opens. I'm sure that will be a great strategy.

Ste. Whenever the price drops, you're like a cat whose got the cream. I've never seen a "shareholder" react so vociferously to a tiny price movement after barely 1-2 trades on open. It's almost as if you want it to drop. I don't have a problem with that per se, we're all grown ups here, but your constant negative diatribe demonstrates how disingenuous you are.

We all understand that THG is a bit of a mess. The revenue misses, lack of engagement with the city and proper governance, stupid linkedIn posts as well as inept BOD. That's the reason why the price is where it is and why investors see a potential opportunity, as some of these can be fixed reasonably easily. Whether they will actually be fixed is another question altogether.

Anyway, if a dropping share price is how you get your kicks, good for you.

And a good morning to you Ste. Appreciate the commentary, let's hope that it drops a couple of pence today so that you can moan some more and say I told you so.

Hmmm. Ste's pleasant post this morning about "63p being nailed on" seems to have been removed, Interesting....

Dunno Steve. A lot of stocks have taken a bit of a battering today (ASC got hammered), my gut feel is that it's not THG specific. Guess we will find out if it's an actual downtrend over the next few days.

Could well be the start of a selloff prior to results, we'll find out soon enough.

Nope. I just don't overreact because:

a) I'm not leveraged

b) day to day movements can be misleading

c) I believe that company can perform well in medium term AS LONG as the BOD get their act together.

Aaaaaaand breathe. Well that was a little unpleasant, but hey, tomorrow's another day.

Dear dear dear Ste. You must have lost an absolute boatload on money on THG to be providing minute-by-minute commentary here. We were at 56p a week ago, so (shrugs shoulders) the price movements today aren't going to scare most investors into selling. It's not ideal, sure, but it's not the only stock which is taking a beating today.

Keep going Ste. You're embarrassing yourself here...

"Results not being announced has spooked market"

Course it has Ste. Go and look at something shiny pal.

"Cruelly?" I didn't realise that share prices have feelings......

Jeez Ste, let it go mate. I'd understand your comments if we had dropped 3/4% on decent volume, but 0.25% drop in the first 3 hours of trading?

Agree - i questioned the timing of the report as well as MM's subsequent LinkedIn post. THG (unfortunately) has previous form of making "positive" announcements in the run up to what end up as questionable results. I don't believe the update will be particularly great, however, this will hopefully get better in the medium-long term.

I think I mentioned it previously, but I don't believe MM is under any real pressure from KLSO or other larger shareholders. He's still firmly in control and will steer the ship as he sees fit. Of course, if he does announce a partnership or significant transaction for one of the divisions, it will obviously endear him to the wider shareholder base.

Mate - it's a 0.02% increase, dont worry about it.

Now, if MW added another 0.5% or 1% , I'd probably be more concerned. Key thing now is the April results, everything else is just a distraction

Good for Wellington. Let's cry about it GTC, or better still, let's all sell up