The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Look the waiting is nearly over…no more hiding from the chairman and Matty boy, we find out in 6 trading days time if they have delivered. If they haven't and they have not provided any warning before hand, we will tank again.. the run up to the last update was horrific and we plummeted so the next few days are going to be interesting. Good luck all, I really hope we get a solid update and we move up closer to £1 as a starter for 10 (£!)
Mon..it’s interesting to see your change in tone..you seemed more relaxed a few weeks ago, assume when your average was lower and you thought we were heading to the stars. Hopefully you are starting to understand how some longer term holders are feeling and vent frustration when there is radio silence from a chairman on £400k and he’s been in position near a year now and the share price has almost halved again..nowhere for Matty and Charlie to hide this time on the 17th
Drive past Iceland most days and have probably been in once before..I didn’t see any advertisements outside about Myprotein so thought I’d go in! We were in there..had its own freezer, fuller than what I wanted it to be, noticeable that the £6 meals were barely touched. Others about half gone..I got the breakfast wrap with chicken sausage, was better than expected. Need some decent advertisement amongst gym goers..get some of these tik tokers to start pushing. Anyway enough of the food review..the debates, the arguments abouts who’s right/wrong will be over come the 17th..nowhere for Marty boy to hide..most retailers posting big jumps 4Q..bring on the 17th
The reviews are stating to come out about the meals and it appears very positive..for anyone interested type in ‘my protein Iceland’ in Tik ToK (research!) and you will start to see the momentum gathering…small beer in the scheme of things but appears positive..they cook the some of the meals and they look decent. It would be nice if we get a similar reaction as that stupid Prime drink! Also IMO positive about charging for returns…long May the blue days keep coming
Will be slightly up at some point before 9am..will drop 2-4% will recover slightly and do this throughout the day looking like there is resistance at 43..then 42 then 41 to finish very close to 40 maybe just in the nose of 40..
Take a long term view that’s fine and is one which I would expect. Not providing the promised strategy update is unacceptable, do you agree? Not providing a firm date for the 4q trading update is unacceptable (we are 4 days from Jan) do you agree? The thing that MM can’t seem to grasp is that we own the business also (admittedly not as much!) and he treats shareholders with contempt / disrespect!
Agree..it’s a complete farce now..new chairman comes in to help with city and drops another 50% and he’s given no strategy update that was promised..this is why the city is against THG promises are made and not delivered..I still can’t get my head around that they havnt published the 4q trading update date..people are assuming based on last year date. It’s a complete farce for a £2bn+ rev company to not let shareholders know dates in advance..some basic principles need to be adopted Allen you prat
Everyone is saying 17th or 18th for trading update, how do people know? Nothing on THG website specific for update? Just says January..half the problem here is that they are not good with comms or treating private shareholders with respect..I’m going to keep calling out Charles Allen and his complete failure here..SP when he came in was circa 90p..over 50% drop..pointless appointment for a £400k salary.
Please give me your view of this share and its performance? If anyone on this board is happy with this share and it’s performance for its SHAREHOLDERS you are a bigger prat then sb..absolute prat.
2nd article raises some sound points and sounds like a frustrated shareholder and shares a lot of my personal frustrations. 1st article is written by a complete twerp! It’s not specific to THG but they lead with THG and use the term ‘troubled retailer’..absolute Twit of a ‘journalist’