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This is fun.
Money making fun.
No charts required.
Should have read *Ocado supermarket side sales up*
Btw I was only highlighting both sets of numbers were out - not predicting direction. Glad to see both up and here and it just goes to show that on Fugazi markets you can never predict direction, although I have to say Ocado's numbers were predictable as 12 week figures were out about a week ago.
Did we eevr get the reason for yesterdays stellar rise?
Sat happily waiting for the reload.
The Energean monies get closer and closer and so does Gaufrette drill news. Both imminent.
So undervalued and given the transformational energy arm was recently cited as worth 10p all by itself.
dyor
Prodrill is part of Zenith Energy which is who He1.
My monies btw is on Billy Hutchison for the role.
Its always cheaper for the drills and appriassal wells if the drill site and pad and civils are already there and complete - and you have your own Rig hotstacked.
dyor.
Hands up all those who missed yesterdays opportunity at sub 450p
Thety do seem to be making good inroads and that should only grow what with them price matching Tesco, even on the Clubcard offers.
The market likes and glad took a nice top up yesterday with £40k in traders.
The last 12 weeks data was popped up on this here bulletin board.
Always dyor.
Asos sales down 18%
Ocado supermarket side sales
dyor
All numbers pointing the correct way.
Nice one Ocado.
In all probability Billy Hutchisons job if he wishes it.
Some will be holding, some won't when the next news breaks...
*Looks like they are intent on not hanging about and whats there under the said earth is good enough to keep someone in constant employ for 6 months*.
Quite easily done.
One well for us, one well for, One drill for us, One drill for Noble...
That way it's limited hotstacking and two sets of shared minds are better than one.
Nice one and thanks for posting.
Looks like the recent £4.7M raise combined with the previous remaining monies will, just like Noble have themselves stated, be sufficient to see them through till Appraisal well completion. It's a lesser cost option and even more so if you have your own drilling rig.
Looks like they are intent on not hanging about and whats there under the said earth is good enough to keep someone in
Did I forget to mention the loss of Homebase?
Bring back Apollo. Who knows they may even be waiting in the wings set to pounce after the next update.
Do you honestly think that Kelso have been nullified and especially with OVMH having bought Kelso shares also and sided with them.
There are a lot of things in that Linkedin post today that imho say MM is trying to use the Peel Hunt report to try and assuage disgruntled shareholders who are staring at a post Apollo Plan B share price of 61p and it follows on from his last one where he seems to spy a challenge at some point. Read todays post again.
Happy though I am at the undervalue highlighted, don't expect me to be ecstatic that in my own view it would actually have taken 3 years since the Apollo Bid (1 year to date plus the further 2 years suggested) to surpass what I think they offered.
" THG shares should be worth 272p within 2 years"
No guarantees either that it will get there.
The fact MM used HIS own money to purchase Kelso and the fact that even with any partnership HE wishes to keep 51% control tells me all I need to know about his mindset.
Over to the next numbers which are critical and that's with well publicised Redundancies across Ingenuity and the Group, THG Nutrition not having had a great quarter supposedly, Vivek resigning, 30 Million extra shares dished out as reward with the share price where it is and No great "publicly disclosable" information to countenance things.
Have a good evening.
Indeed Canary but we seem to have turned down £2.00 to £2.50 imvho off Apollo (Please don't tell me it was any higher than that) and Plan B now sees us at just over 60p.
So pleased though I am with all that Peel Hunt have to say, their present price target is underneath the Apollo bid price and to get to the higher valuations requires work or a stroke of capital event luck (and for it to be put to shareholders).
Next numbers here in a few weeks time in my mind are critical ones.
Crafty hindsight being such a wonderful thing I wonder what everyone's thoughts, with hindsight, would be on the Apollo Bid and bearing in mind it was presented almost one year ago to the day and had the door abruptly closed on it. Never did we ever get to hear the number.
That said though it was valuing THG Ingenuity alone at significantly higher than the circa 65p it was trading at prior to that bid and with significant value on top for THG Beauty and THG Nutrition so you would presume that maybe it wasn't such a bad offer after all. It had to be in the £2.00 to £2.50 price range imvho.
So given Peel Hunts present Target Prices is under the Apollo Bid (and Belerion / King Street bid price) and with their
revised target prices reflecting further progress, then maybe it wasn't such a bad offer after all and should have been put to all shareholders.
So much though I appreciate Peel Hunts broker note highlighting the value gap we all know exists please don't patronise with Iain Mac Linkedin response to a PI on Linkedin.
Kelso by the way seem to be abjectly quiet on THG at the moment.
"Peel Hunt suggest some increased public disclosures on our 3 businesses, to better educate the world on the story & inherent value. This will be taken onboard."
Is that comment actually for real!!
Kelso actually effectively reviewed THG one full year ago for free and recommended to them, amongst many other things, to RNS and RNS Reach (public disclosures) more to enhance the understanding of the business. THG decided to pay lip service to it and ignored it. They also blanked the share BuyBack suggestion and the Seperate listing of THG Nutrition and here we sit at 60p. Instead we got Linkedin posts and no longer the stiff upper lip approach and the share price is actually sat where it was at the time that we decided we were going to now speak out.
So whereas I have no problem in agreeing with Peel Hunts valuation gap and applaud the effort to get the share price moving upwards again the question I have in my own mind is how much of the present value destruction has actually been caused by the present individuals not doing things which would have been share price supportive a year ago.
It looks like an attempt to either get the share price up prior to next numbers or to try and get Institutional Investor shareholders onside for what might be to come. That's just my thoughts.
Would that be the same Steven Whitehead who in Jan 22 sold £8M worth of THG that were being held for him by Matt Moulding. dyor. Crashed the sp by about 20% back then.
Mind you he has probably got most of them back in Incentive shares given the generous awards for the last 3 years.
Both Noble and HE1 are sat on oceans of Helium and nothing has changed that since the 4.7% Helium and 2.2% Gold Hydrogen RNS. Only Noble multiplying their Gas Cap by a factor 6 and stating that this is a "Unique and Prolific Helium Play Like No Others Anywhere In The World.
The only things thats changed is the Half price sale stickers on HE1's shares