Member Info for Novice82

67 breached now. Despite there being no "evidence" whatsoever of any leaks...the silence from the board is deafening re dates for trading update.

Yes but both of those have bounced somewhat today. I know it's not the end of the day yet, so agree it may not end up as low as it is right now.

Have a look at the short term performance (6months) chart for THG compared to the other BOO/ASC - the performance isn't great. They've all been pretty crap too be fair, but THG has underperformed both of them over this period.

Sorry should have read 85-68p. Although at this rate, who knows where we will end up by results day.

Agree AS - it cant just be algos here. 85-62p in barely a week and a half?

I'll be interested to see if Kelso still have their holding intact, or if they've started to wave the white flag too.

Sickening it is. But yet, we all knew THGs past form in the run-up to results or trading updates.

I should switch off the computer now until results, but hey, I am a glutton for punishment haha. Be lucky to hold 65p before results day.

And into the 60s we go....

It honestly wouldn't surprise me if it was triggered by Kelso selling some of their position. Despite their appearance as an "activist investor" in THG, we can't forget that they did sell a small portion of their holding when it was around £1.

Who needs enemies eh?

KBYK - You've hit the nail on the head here. Whilst MM moans about the LSE and fast money, he knows that THG doesn't have the numbers to silence the critics. Yes, it can be argued that the current value is not reflective of the "true" value (whatever valuation metric we choose to use), but he simply cannot produce that blockbuster RNS with the way that the business is progressing, barring a capital event of sorts. Frankly, his behaviour makes him look incompetent, I still cannot understand how he had the nerve to post the "Pondscum" video on his LI/IG acc in late 2022 when he was aware of the numbers that were coming out of THG. He's out of touch with reality.

Looks like the markets are pricing in a poor trading update. Let's hope they are wrong

In my view, the US markets are far worse when it comes to algo trading. The main benefit is that they ascribe a higher value for early-stage tech companies than the UK markets does. But if a company consistently misses its guidance or does not deliver, they are no more forgiving than anywhere else. It's not a panacea for THG, but has its advantages.

Very disappointing performance thus far. Nothing from the BOD yet re indications of actual performance vs guidance. Let's see.

Wa-hey - QUBE are back again @0.5%!

Agree with GTC - a 10% drop out of nowhere can't just be due to algos playing games. We've seen it multiple times before, THG has always been a leaky ship. If results are poor again (considering the debacle of last year) there really is nowhere left to hide for MM and co. The market clearly thinks that something is afoot, i bloody hope that (for once in THGs case) the market is wrong.

Can't believe that we have gone into the 70s. Yeah i know, the minute-by-minute share price movements are not too important compared the recent period of gains, but it's just annoying. And yes, I know that I should be used to this by now. Rant over.

Can't say that I'm hugely surprised here. Yet another yes-man who has been appointed and has done next to nothing. Where did those cancer rumours start exactly?

I cannot understand how they have the audacity to write that they were disappointed with the outcome of the votes against Iain Mac's re-election.

This is the same Iain Mac of Belerion who made the oppotunistic bid of 1.70 right? The same bid that was regarded as "significantly undervaluing the prospects of THG?"

Why the hell would THG want this guy on its BOD given that he clearly does not rate the company's prospects that highly? I've never understood this, he should have been removed a long time ago

Sellers are out in force this morning. Groundhog day all over again...

You would think so. It "feels" as if stops are being triggered to get a large buy order in, however, I've seen that yarn being spun before and resulting in nothing.

Either that, or there's a seller who wants out.

Hmm. Seems have fallen off a cliff in the last few minutes. Will be interesting to see if it bounces or not

If he was truly working with Kelso to unlock value, there is no way that Kelso would have issued the RNS stating that he had (pretty much) ignored their letter a few months back. This is a defensive move, no two ways about it.