Member Info for onsolidground

Noticed the jump in volume. Short closing I think we all suspect although it may be another buyer tempted in.

Could it be Kelso taking advantage of the dip.

Looks like THG are expanding the THG "Pay per Pick" software and technology and combining that with offering the THG Ingenuity back up services of digital analysis, marketing, translation etc and combining Big Commerce's already established business.

A decent new business win.

Whilst the Market Makers are using large spreads to reduce the price to secure shares always remember the information you have received. The Sky News source seems well informed for they got Part 1 correct with Farr's announced appointment yesterday.

Your choice where you think "detailed talks" and "steep premium" sit

"City sources said Apollo Global Management was in detailed talks about an offer for the Manchester-based company that would be at a steep premium to its share price before the approach was disclosed but a huge discount to its 500p float price in 2020."

https://www.msn.com/en-gb/money/news/thg-searches-farr-for-new-director-as-apollo-bid-looms/ar-AA1aeb7P

Not having any real joy though in terms of volume.

I don't personally think it's run out of steam. Just the market makers trying to secure Marshall Wace a full exit before it hurts them real bad. Same with the others.

All that successive short hitting of the share price and followed by placed negative news stories, all for very little if not nothing.

BGK and West Coast Capital I suspect know as much as anyone and they have just announced good stakes.

Just over 50p in old money and 60% uplift to get to what should be TERP.

This one jumped TUI to over £6.00 in a flash
https://www.tuigroup.com/en-en/media/press-releases/2023/2023-04-06-tui-easter-holidays-2023-customers-prefer-sunshine-destinations

Easyjets Recent Update
https://www.thisismoney.co.uk/money/markets/article-11984505/EasyJet-lifts-profit-expectations-demand-travel-booms.html

Jet2's recent update from last Thursday
https://www.msn.com/en-gb/travel/news/jet2-upgrades-profit-forecast-as-britons-rush-to-books-holidays/ar-AA1a6bZz

May 5th for IAG's update. Anyone like to hazard a guess how they will have fared.
https://www.proactiveinvestors.co.uk/companies/news/1012902/easyjet-jet2-updates-hint-good-times-returning-for-airlines-1012902.html

dyor

That tells you how just cheap TUI is and the airline, cruise and holiday industries are some of the most vibrant going at the moment across all sectors.

Overshorted and a 60% upside to get back to TERP. Vast monies made one way and will be made again the other way.

Very good update with all going to plan but issued in advance of the AGM to try and appease the Activist Investor, who seem to have a valid point on a dividend given the rosy picture.

Thank you for pointing out that I missed a digit on the £1 v Euro Conversion. Should have been £1 to €1.1299. So therefore it is 8.079.

However your mathematics lets you down for it only serves to further emphasis the point which is that you would encounter a 60% gain when it get back to TERP.

One of the biggest bargains going on the LSE right now imvho.

You have to give back into the community in which you are based. All organisations do it.

Donated £100M and sacrifices his salary for charitable purpose.

I'd much prefer to see THG match that for worthy causes rather than see their name emblazoned over advertising hoardings or football strips at Old Trafford or The Ethiad or sponsoring the likes of the Grand National or a Formula One Team with far far bigger cash outlays required.

It seems Mr Market seems to be overlooking Kelso only have THG as an investment with both shares and leveraged CFD's.

Hardly blinked today by comparison and just about to have another £3 Million to spend either on THG or if they have found another undervalued company. 100% success rate at the moment from investing to bid. Hopefully news there in next day or two.

https://www.lse.co.uk/rns/KLSO/update-on-thg-investment-and-placing-9mhuxm0qoa2vt6j.html

All the working out has been done for you except one last change of €'s into £'s at a present exchange rate this evening of £1 = €1.299.

so the TERP is

€9.128 divided by €1.299 which rounds up translates to £7.03 (at todays exchange rate).

So we are 40% under what should be the TERP.

https://www.tuigroup.com/damfiles/default/tuigroup-15/en/investors/Capital-Increase-March-2023/20230328_TUI-Capital-Increase_TERP-Calculation.pdf-fa0e474dbc422304afbe1f2a0324b84e.pdf

Correct TheGreyMonk.

Mates

https://www.youtube.com/watch?v=pMjDjkQsAYM

https://www.westcoastcapital.co.uk/team/

That is the Investment vehicle of Sir Tom Hunter.

Another of Matt Mouldings friends and a big fan of his disruptive style.

Worth researching.

Haven't closed or can't close without significantly moving the share price.

Not many selling at all here and not many retail spreadbets opening on the short side either for fear of a "steep premium" formal offer landing and instant margin calls.

I think BGK was probably the giveaway sj74. He's just declared circa twice long what MW are short.

Formal bid and it should be fireworks.

Some trying to step on and off the Up escalator might not be able to grip the handrail when it speeds up...

Update can't be far off.

How long thereafter before Boohoo bid. 25% and counting....

They got good numbers in there which is the main thing.