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I've held these shares for over 2 years now. THG is a LEAKKYYYY SHIP! Any upwards movement is normally driven by a MBO.
How it goes. Price action, followed by an RNS 2-4 weeks later after all their city mates have jumped on and made a 40-70% return to then MBO being rejected and we crash back down to the 60's.
What's driving this rise? I haven't looked too much into volume (Is there increased volume?)
I just buy and hold.
But what is driving this sudden rise? We all know it's undervalued as it's been 6 months since the last bid was placed. Now opening the possibility for another bid.
Is it a bid? Is there director buys that we'll soon see reported? Is it the Inflation slowly coming down? Is it a combo of them all? What's the general feeling on the board to what's driving this?
It is also so nice that THG is no longer in the red. I'm not massively up % wise. But I am up due to heavy buying when in the 60's to lower my avg to lows 70's.
This is by far my largest holding. I bought £50K more on Monday too. I'm here for the long term, I know the potential of THG, it's just not fully unlocked just yet. The bottom line needs sorting ASAP.
My personal opinion is that Ingenuity is eating away at our bottom line, alongside a dreadful beauty division. H2 looks a lot better for beauty though. Cuts needs to be made, Inflation is here for the next 2-3 years minimum.
Ultimately, I believe in THG. I believe it will unlock the potential and reward it's holders. I can't tell you when exactly it will buying at these levels in 5 years time I believe will make us all a lot of money. That's why THG is my biggest conviction ever and I'm in no rush for the outcome, It's within my SIPP for a reason. Unless something drastically changes that I think will collapse the company, I will not be selling nor have I sold anything.
You're late to the party.... MM has forfeited it already.
Also thanks for the recent share SP - Valuable. That's why I check-in every so often. It's unbearable looking at this board daily. The toxicity when there's a slight blip on SP.
Has there been a leak on results? As we know THG is a leaky vessel, although the last bid wasn't leaked surprisingly...
Or is this purely being driven by the latest postings by MM - We'll post Revenue of £2.5B with a MCAP of £1B. Make it make sense.
MM likes Portugal...
If any of you remember the guy on here that was 'claiming' to be MM's brother? - Anyone remember his name on this board? He sent us his instagram? I haven't heard from that guy since we were I think low 40's..
How nice is it to log into your shares account, to see THG have another blue day. I'm up in the 40% range now on profit, it feels so damn good.
It isn't a MBO, It's organic (We think...) - Having seen my account down a little over 6 figures and constantly selling out of other shares I deemed 'Safe' just to avg down when we were in the 30/40 range with a highest purchase price of 1.32 it feels so good to finally see what I thought would happen, happen.
THG is finally getting some attention, rerating to what it's actually worth not where the hedge funds/MM (Media) wants us sat. I still value this company at around £4 value, not taking into account future growth.
Hedge funds rarely lose money....
Like someone mentioned, the word is 'Hedge' they'll have long positions opened to cover the shorts - So no matter the movement their max loss will be capped at say 10p per share they hold.
Chartered Finance Manager - So he'll be well versed in all things finance as within the modules it'll cross over into IB.
THG is in good hands. He's chit at communicating. I love these blue days, to have so many back-to-back it's Christmas in July.
Thanks for the info lads - I didn't catch that 40M hangar sale!
I'm thinking but typing it out.
You free up cash because you need it. But what for? Acquisition? CAPEX spend? I'm lost - What's peoples thoughts? Hold the cash as interest rates will slowly grind down smaller companies and pick up something on the cheap? Like revb - They've got into the US beauty market (If i'm not mistaken, I'm also not invested there) just scribbling down thoughts.
SBB - THG sold the property to MM back in like 2019? As he was investigated for underpricing assets to get a favorable deal. If I am wrong, please correct me! As that's cash that THG will no doubtedly re-invest.
As for the attention shorts get on this board. I haven't been invested in THG for as long as some on this board - But I've been through 2 MBO 'offers' and continual short attacks. I've held a 6 figure position to a 6 figure loss at one point as we were continually attack by the press funded by hedge funds making ridiculous money from the personal attack on MM and THG.
If I had been invested since IPO. I'd be even more sour towards shorts. Predatory traders.
The property isn't owned by THG. It's owned by MM - 2 separate companies.
Whey prices have been dropping for the last 3 Quarters. This isn't enough to warrant such a push SP.
This is why I'm saying. What's going on in the background.
I'm not complaining. I'm sat almost 30% up and will continue to hold even if we pushed a £3+ SP.
How long are we giving it to the bad news starts getting pushed about THG? Paid for by shorts stuck covering their positions...
We know THG is very leaky with information. This rise has been too fast, too soon. Sure a re-rate was 100% due. But something is cooking in the back, what tho?... Why hasn't it leaked yet?
"Quickly lads, add another £300K long to cover our short. Ahhhh Chit, we need another £500K to cover maintenance on our short" I genuinely wish them to go under.
(I would never wish for people to lose their income/jobs but these are the sewage rats of the city) That's saying something as the city is full of rats.