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I used to think Ste2K was a frustrated holder but it has become clear to me that there is more going on. The amount of posts pretty much saying the same thing over and over again are concerning. I am a frustrated holder, l I have been invested since IPO and have averaged down. I have a decent chunk of cash invested so I am inclined to agree with some of the negative sentiment that Ste and some of the others have (I don't count wildtiger) but, just like some of the rampers who post incessantly, it just smells wrong. #fudbusters
I wish THG was sold for 1.3x Revenue!
Probably referring to £2bn revenue. £2bn valuation would be welcome!
@sb10000 Will be interesting to see what come out of the fund allocations exercise. On average, UK pension funds have only 6% allocated to UK equity which is shocking really and a sad indictment for UK PLC because ultimately, if they were getting better returns from the UK, they would invest more but, over the last 10 years, portfolios with a more globally diverse allocation have gained about 140% as opposed to ones with a UK centric allocation which have only risen 40% on average. As a fund manager, why would I invest in the UK when the returns are a lot less? I'm not going to get my £10m bonus working like that!
So just to be clear, wild tiger has been invested long here multiple times before but now it is short, it comes here and basically says the company is going bankrupt. I don’t block people generally but that’s just too much. It’s not even humourous like Goldy.
No more than normal.
Article on Bloomberg also said this;
“The hefty premiums that are being offered for these UK companies highlights the gap between how assets are valued by public markets and by potential buyers.”
There are accounts that post incessantly for months and then disappear. I can spot them a mile off. It’s pragmatic to assume some investors will use this forum as part of any holistic due diligence because there are a lot of knowledgeable posters, however, it isn’t moving the needle so I’m not really sure why they bother with the ramping and deramping.
Crowman is back so that must mean the bottom is in.
The share price is a disaster but THG have planted 2.5 million trees in the last three years so that’ll make my bank manager happy.
Exactly Steve. Always good to know the persons perspective. Mine is one that bought in at IPO so £1.30 is a dream. I’ve averaged down quite a bit since but have made pretty much no money on most of those injections if you take them all individually which is a pretty sad situation. However, don’t feel bad for me as I am heavily invested in the US and am making a decent amount of cash while I wait for Moulding to pull his finger out.
OSG, I read that on Betaville yesterday although because I don't pay them 15k a year, I couldn't see the full article :)
Definitely strange price action when across the board it's pretty red today!
Did most of that volume come in the last few minutes?
That's not support. That's something else.
5% jump?
OSG, shorting definitely has a place to balance markets but the problems lie in leveraged options, short and distort and naked shorting. Unfortunately, you would need to give the FCA 10 x their current budget to even make a dent. If I were a business owner, I would only see positives in floating because although MM moans about the system, he has made a fortune from it at the expense of the rest of us. If we had a different CEO who earned his corn on share price performance, we might see a different strategy (or even any strategy would be nice).
I particularly like the stance of the China Securities Regulatory Commission on nefarious short sellers:
The CSRC vowed "zero tolerance" against ill-intended short sellers, saying those who dare flaunt the law will "lose their shirts and rot in jail".
:)
Crafty- In that case just short it on IPO.
Yorek, new investors shouldn't be put off, if you're coming on board at 63p, you are getting a really good price and will make money. Unfortunately, a lot of us bought in much higher and are in a different boat which is not quite sinking but has one of its two oars missing.