I’d be embarrassed if I were them..to change so dramatically over the space of a few months..any other sector you would lose you’re job if you were that wrong..goes to show how rotten it all is
Just what the market wants to see..no major shocks, reaffirming previous advice..would be nice to have got an update from the chairman and another T1 from QIA but can’t have it all. The confidence from the banks seems positive also. Expect broker updates on the back of the update albeit they are nonsense but investment decisions are made by some on the back of them. Hopefully solidify around this level and get some 10% - 15% pops upto a fair depressed value of 90-100p, then up from there over the course of next year..heading towards £2.50..ingenuity revised strategy could catapult us out the blue..no don’t the new guy has targets and decent contacts so when he bags his whale..we could be bagging also. My average of 70p is starting to come back into focus..fully strapped in waiting for tomorrow..
We get 2/3 RNS’s..1 with TU which gives no nasty surprises I.e. no profit warning, no dilution of shares through issue to employees, ideally confirms prices have increased for products..2) update from
lord soft *******s about strategic plan..3) more shares bought by QIA or other..these are realistic. If we get 1 or 2 of these we will swing 2/3% either way..alternative we get a poor TU and we will be dragged close to 39p..no inbeteeen with THG at the moment
Interesting..I was having a conversation with a colleague today about what happens in Uk politics and markets and how a lot of MP’s have vested interest in shares / funds etc. genuinely if some of the shenanigans that goes on in UK politics and the FTSE happened in some African dictatorship states there would be outrage..for some reason in the UK as these people speak posh and went to OXBRIDGE it’s accepted..the last chancellor worked in the city and had dinner with his previous boss before he did the worse mini budget ever..his ex boss made a fortunate on the back of it and it barely gets talked about..the Uk is one of the most corrupt countries in the world..
No sign of these muppets when the price was rising early part of week..look I’m happier now than I was at 32p…one of the largest cash rich countries just bought a shed load of shares..insiders have been buying big..deals are being struck I.e. Iceland etc..these are facts. Agree it’s frustrating to see the yo-yo effect but bloody hell it’s exciting..personally I just want a steady ship now..1-2% swings would be better for my heart. Agree MM does need to answer questions and CA needs to be more vocal about what the plan is..and prices need to rise for the product as customers expect it..this was my biggest issue with the last update. Strap yourself in your on the THG rollercoaster baby..Tuesday will be interesting. Shorts hedging hence increase
Christ this is some rollercoaster…the last week has been welcome for my sanity! Just need to push on to a fair depressed value of £1+ and then up to the magic £2.49..tomorrow will be interesting. Well done all that hung on as it’s been a rough time for holders..has goldy turned into bronzy now having cut his loses at 35p.. bloody painful that to see a 50%+ pop just after selling out.
Bloody good news is right..about time we got some. Anyone that think differently is crazy..cash rich fund buys circa 70mil of shares from distressed seller. People were saying..why ain’t no II buying at these low prices, here Is the answer. As I said the other day, mood music has changed now. My threat of making MM eat dog poo has had its desired impact. Back to 60p and I can start thinking about eating again, back to 70p (break even) and I’m off to macdonalds to smash that saver menu..99p burgers on me baby..
It’s all a game..the mood music plays a big part..when the media start attacking it’s normally bad news, like we’ve had for months and months (there pals have asked them to do it - probably someone called Tarquin or Rupert so they can make money) when the mood music changes the SP starts to shift..it has started to feel like the mood music is changing (I normally wrong, hence why I’m massively under water here) with the more positive articles coming out, the Iceland deal was a while back but there has been more write ups on it over the last 2-3 days..mood music..probably get smashed tomorrow