RE: News soon27 Nov 2024 09:03
Come on PMH - that ship has sailed long ago now. If he had some humility over the past few years and owned up to some of the issues that THG has had, yes, that would have bought him time and potentially compassion from shareholders. He didn't. If he tried that now, there would be zero empathy from shareholders. The only option he has is to deliver results and only outstanding results will be recognised by the market. Anything borderline or expected will be ticked down as he has lost the trust of people a long time ago.
He knows this and this is why he is reverting to type, he has nowhere to go now.