Member Info for ProxLDM

CEO "Large % of my net worth is POLY shares, so it effects me personally" Shareholder value is very important to me....

1 Hour scheduled for Q&A.... Hopefully used well.

I agree 100% Boom - I'd sack them off, as surely we're paying them a fee to work for us essentially.

IR is actually awful at their job, I'm unsure if many of you have been internally involved in listed companies but IR mainly consists of a very very small team with ridiculous titles to inflate their salary.

I don't know if it's the chairman keeping a tight lid on it or if the board have said to reduce reporting but IR should be about ensuring confidence in the company through strategic releases, of which they certainly aren't doing that backed with the ridiculous investors meeting 1-2 months ago. Communication is disgusting from a company of this size.

I'm in this company for 6 figures, I've no plan to sell as my views on this company hasn't changed at all.
But if I was pulling weight, I'd be firing a lot of people. You earn your money when you work for me.

There really is some stupid individuals on these boards.

Maybe they should take a £1 offer, Maybe he should of opened the books at £1.70 offer - These are the exact people that'll never be CEO's of multi billion £ organisations. Your stupidity actually baffles me to the fullest.

He's just right - The bid held no weight, like I said when it come. It's the same reason Supercar salesmen don't allow just random people to jump in and test drive a car. Idiots.

Put the pipe down please.

How i trade too MSG - Balance sheet explains everything within a company. Double entry ensures there's nothing to hide.

THG is extremely undervalued, I don't know how long it'll take to break through this chit SP but in no way is it warranted.
Sit tight, don't make any rash decisions - This will make you a lot of money, It may take years to get it though...

I've no idea - there's no reason for them not to buy.
The company from a financial POV is strong, good B/S too - Cash is looking a lot better.

CAPEX investments will stop destroying our profit in the near future (If we stop buying companies for a bit)
It will be a profit producing business within the next few years.

But again - Companies go under the radar for so long (One with this much revenue I'm surprised at)
I was in a company a few years ago that 10x'd for me, all of their reports/data was indicating the share was going to do it. Yet people still avoided it and shorted it to silly levels.

I like that description 'Coke Cowboys'

Pretty much sums up everyone in the city, covering our politicians all the way to our investment firms.

This is how it'll most likely play out;

We see massive buys in the market
2-3 days later there'll be an RNS with H1 figures, alongside announcement of the breakaway of divisions.

Them massive buyers will make 30/40% of their money within days, they sell out and down we go again....

Exactly - It's actually laughable. Just like the Russian Military. At this point I think Britain alone could take Russia, Poor excuse for a 'SuperPower'

Only thing Russia has done, has created a huge monetary problem for the Russian people. It won't be long till we see the images again back when they were eating horses/anything they could to avoid starvation.

Where are you magically pulling £2.50 from? Show me the valuation behind the numbers.

You do understand it doesn't matter to MM what the current SP is? He stands to gain nothing from it.... He's already received his bonus linked to the SP. Stop waffling rubbish.

This is a company worth £4 min - £2.50. Insulting.

Precisely why I don't have a Linkedin - It's worse than Facebook....

I bet all of their internal metrics are exploding, they were going through record recruitment too. You don't do all of this if your company isn't growing.... It's crazy how detached the SP is from the company.

Which is why I pray, PLEASE DON'T TAKE IT PRIVATE!!

There's serious money to be made here, the company is miles ahead of the SP. I don't want this going for less than £5, even then I'd be pretty ****ed. I'm not after short term money, Even when I'm making 5x on my money - I'd still be ****ed.

This is a company that'll be hitting £10bn rev in no time - Within the next 5-7 years. Which is why I don't comment on people begging for it to be bought out at £2.50. No clue on finance, It's like accepting £15K for a £100K car in a recession. We don't need the cash, so hold out for the true value ffs.

Correct - Last time it had insider trading all over it. Massive buys just before release of information.

I don't understand what do people want? An RNS stating daily revenue everyday or something? Chill the F out, If you don't like how it's going sell out. Value will re-appear when there's solid news. Average down or sell out, it's really that simple.

I mean, not really if you use your brain. But okay. I'm not going to debate or argue, I give my view that is all.

My background is in Finance, It's my job to know essentially of which had me working for myself in my early 20's.

The markets are done correcting, the housing market still has to trace back a fair bit. I don't know if it'll be 2008 level but the world need a correction post covid inflation, now endlessly supply £ to Ukraine. I see CA in US giving out more 'Relief checks' Inflation is the evil here.

My overinvestment which is THG - is at an avg of 91 so I've 0 reason to sell out. As I said, THG has everything priced into it already. The only way i can see is up from here long term. Then my other investments are within the commodity/energy sectors - I'm positioned for this. But again, this is just my thoughts.

I wasn't trading the 2008 crisis as I simply wasn't old enough. But we have plenty of data to support what we think will happen.

I'd consider myself over-invested here, going on my rules when investing.
I normally don't allow a holding more than 10% of my portfolio and a sector 20%

I'm now up to 20% in THG, pretty diversified holdings outside of that with a hedge against the housing market crash (I'm up a decent chunk already on that)

The greed in me wants to mop up more shares though, As I know this is incredibly cheap. But I'm going to sit patiently as I know there's still another 20-30% drop incoming as we near Christmas.

I normally like to have most of my cash invested but I've got about 45% of my portfolio sat in cash (With a rental property sold to stick more cash in as it was due for a remortgage) ready to sweep up (Covid like bargains) mainly targeting the tech sectors (Meta, Apple, Alphabet) - This is where I'll stick at least 40% of my cash between these 3 when I feel the macro economics of the world finally sorts itself out of which may take 2-3 years.
Although the GOV have stopped printing cash so hopefully that'll slow down inflation.

Basically giving my thought process around trading in the current world, Just don't make any spare of the moment decisions. Think about them, re-think. If anything sit on the cash for a few months then come out when shares are down another 15%+

THG has been battered beyond the current economics of the world, it's priced everything in bar WW3. Be patient all, this is the time to make serious money now within the next 12 months based on the decisions you make.

I rebought when i landed - I'm now at an avg of 91. So still in the red but completely comfortable.

I think it shows the market conditions when a director buys a decent chunk of shares and it's still in the red for the day (Slowly climbing now which is good considering around 2:30pm it normally has it's dip for the day)

We'll get the true value eventually. CAPEX investments stop hitting the P&L we'll be turning a profit, so I've no worry at all. When that happens that alone should warrant a much greater share price - I didn't see it hitting the 70's at all! the drop was very dramatic.

1.1M shares now out of 'our' hands, float get's lower. Will be easier to swing the price now, so it's important to not panic.
I'm sure the drop dragged a lot of new faces in, welcome to the bumpy ride which is THG.

Well, this is quite a surprise. I didn’t think the bids held weight at all but I wasn’t expecting to be in the 80’s again!

Talk about a steep dive into the trenches. I am confused as to why it took such a hard dive, maybe a short attack alongside news to stick it to MM & possible grab more of the free float.

It looked like a possible hostage takeover IMO but it would take a lot of hate towards MM to get the big funds on their side.

GLA, I’m not too bothered about the price as again it’s long term value I want not a petty £1.70. I’m having trouble buying as I’m out of the country but an incredible buying opportunity which offers a relief bounce. CFD it.

GLA - don’t make emotional decisions. Use your head.

I've no doubt insider trading is all over this.... Friends helping Friends.

That's the reality of big boy business, It's not what you know, it's who you know. It'll always be the way too.

MM has received his payment for the SP hitting a certain price, what else does he really stand to gain? In reality does he actually care what the SP is saying. I don't think he does.

He may only receive £1M a year salary but add on top the property deal he made for himself, He's getting his worth out of it now.

CVC may look to spend that money elsewhere, as it's sitting ready. Plus inflation levels this high it's devaluing their £ each and every month it sits.
Why do you think Warren Buffett a man renowned for holding cash offloaded like $40-50B in cash Q1?

Thanks for the update London69.

What poor questions, alongside poor responses. I thought it'd be a juicy AGM.
Is it the case of people not wanting to sound stupid? No idea....

Literally nothing on the ED walking away 1 working day before AGM?..