Member Info for ProxLDM

Cantona - I had to spit the water out in my mouth when i read that. Actually tickled me.

I mean, Governance hasn't been a strong suit for this company at all.
At least put a spread on the stingy bast'ds. It'd cost what £2-400 most?

Wait seriously? There was only 2 Questions?.... I'd be asking them to take me out for lunch, wasting my time.

A5 - Are you saying there was a 3rd offer? I haven't received any word from my broker nor an RNS?
Or is this the old offer? As it literally wouldn't make sense to make an offer at the same price which was rejected?

Has that 300K wall moved yet? I'm out so have no eyes on the order book...

It could be anything. 300K shares is sizeable. MM's setting the price firm? Could be that guy from yesterday saying he's selling at 1.30... They might have large pockets.

Ste - Just seen that, CFD on 1.8M shares short.... From 1.38 though, they've made 150K off that trade so far.
It was due a correction, I'd of shorted it too but with SIZE. That's the kind of SIZE i mean, plus it was a pretty safe trade in my opinion.

I think opening a short around the 128-130 mark is dangerous. I'd be a lot more inclined to go LONG than i would SHORT at the current price, given THG's recent movements.

I've seen the bid a few days ago - If that company was still 10/15% of my portfolio would be threw into it.

The Asian market is that lucrative, especially being driven by one of Asia's richest men. Corruption, Bribes - All of that will be in play. If it goes through, that companies value should explode....

I actually think Candyman is a tirekicker - Although he has a history of being in a stock as it's about be bought out.
I don't think he'll raise a meaningful bid at all, merely trying to get his name in the papers. Make some noise in the city around his name.

There'll be a lot of hiding behind 'Regulations' - But I do hope Candy follows through with another bid, even if it's £2.20 or whatever stupidly low price.
It'll shock the market again driving this up, unfortunately a lot of shorts have closed out. I was hoping for a short squeeze with such a low FF this would of been perfect for it.

Shorts buying to cover positions, people buying on takeover news. There'd of been so much buying pressure it'd exploded bagging within the day. But they've been allowed to worm their way out of it.

Is anyone attending it in person? It'll be interesting to see how that goes.... I do love a fiery AGM, I think this will be one of those if the right questions are asked. Especially following the drop from the 150's.

SP is not the company.

Enough of it now - I'll not be responding to it. Just feeding into it now. Plus the trolls only come out when the share takes a hit.

We know who's the regulars here, who adds value. Essentially I know now what value everyone brings, We have intellectual constructed conversations around THG yet all it takes it 1-2 sour individuals to turn the board into a mess.

Back to THG - Who all is attending the AGM? I will be missing it sadly, If so. What questions will you be bringing to the AGM?

Thank you Kando.

I'm baffled by the fool that is B1nky - I've not muted anyone nor will I. It's a board, everyone's open to their view.
But they were cleared triggered when i suggested this share would return to the 130 level because like they've stated they only entered this share because of the bid situation and know nothing about THG.

I normally don't feed the Idiots but for B1nky, I've made an exception.

Go through my logs - On every bit of 'Advice' I've given out. I've been correct with everyone. Even going back years - I've been right. Which is why I'm in a position 1 company alone has me sat on 6 figures of profit yet refusing to sell out of them because I understand true value, trading.

Keep throwing your darts in the dark - Something will land eventually.

HAHAHAHA - It's up since i made that comment? Keep digging, you'll find something evenutally.

Idiot. Have fun losing your money, If you'd of come in with the right attitude we would of helped you. Assist you in your ways but it's clear you're an old fool determined to be negative in everyway possible.

Keep buying high & selling low, just remember. You'll have to explain to the partner why you lost all their money too :(

B1nky is back - Please quote what you said about me being an idiot saying this will drop to 130?

I'd agree - There's definetly some negativity around the board and how this has been handled, I also don't like how a NON ED walks away with immediate effect.

Either he's crossing into the line of conflict of interest (And his moral principles around trading believe it was wrong) or something has changed for him to walk away. It needs explained. I agree.

Is it going to knock 100's millions off the company because of it? I don't believe so. But i do agree, I want an explanation. A shareholder is a shareholder. Doesn't matter if it's 1 or 1,000,000 shares, we must be informed as to why it's happened. It's not acceptable at all.

I've been there, I've made all the mistakes. Costly ones - I've been margin called (I once was up 70-80K a few years ago on a trade, I went to get a McDonald's and I'd been margin called all in the space of 30 minutes. Back in the days of 100x Margin trading)

5% may not seem like a massive 'loss' to sell at but when you continually lose 5% because your emotions made the trade, your account will slowly be drained.

Now the way I tend to trade, I'll do my research, stalk the stock for a few months to look at the behaviour of it (Will be in between financial releases) I rarely very rarely jump into a stock without doing months of research. I make probably around 10 trades a year? The fewer trades you make, the more money you probably will make.

Maestro - Do you understand company takeovers? Almost all the time, It's being driven by a face backed by a large fund.

Candy will be the face, accompanied by a large fund. (I don't believe Candy will bid anything worthwhile) But it's almost always the way.

I could technically buy THG and sell the debt (My loan to purchase) to a large fund. It'll say I own it but the value is technically held by a fund.

This stock continues to follow the same pattern - Which also why i felt confident telling people it'll go down to the 130 mark.

"If it goes down to 130 I'm out"

I can't stress this enough. DO NOT TRADE!! You're going to lose a lot of money if that's your trading strategy.
Do not let your emotions dictate your moves. If you built a position before bid status - Why would you sell? It literally doesn't make sense. You should of sold back in the 140's or were you getting greedy?

I have a value for THG, I entered my position knowing the value, nothing has changed. If anything the financials released recently solidify my position - THG has an extremely low free float, multiple large parties held through an £8 SP. You understand with such a low float the price is easily manipulated up or down, there can only be so much volume as the majority of the shares are in solid hands.

Ask yourself this, what has changed negatively impacting the company (Not the SP, the Company) since you entered your position? I can't see anything negative at all recently to devalue the company, I honestly can't.
If there is something negative you believe please share it with the rest of the board.

I'll not be at the AGM as I'll be in London that day, I didn't really have an interesting in going.

But now with the sudden drop of a director 1 business day before being asked questions by the shareholders? Honestly, It doesn't look good at all.

There's no doubt about it Insider trading going on - I've said that a while back, It could probably be proven too but will it? Most likely not. How can a director of a public company openly lowball offer whilst being on the board.

Is he upset? Was he caught doing favours? I really hope this is explained further as it's not normal at all.

But the facts behind it are THG are a solid company and will always be one. Just don't like how this was handled at all.

Funnily enough I done a bit of googling too...

He's linked to a few companies (Not directly that you can see but if you know your way round companies house, you'll find it)

There was a new company registered in late '21 - The company working with them was based out of Jersey, their company reads from their website.

"Providing accounting and financial reporting services to large, complex, active funds is a core service provided by our highly talented and technical team of fund accountants" Working directly on funds.

This new company is currently dormant, although they've just got rid of this Jersey Firm 1 month ago.
Honestly it's a mess. He's connected to a lot of companies, I can't be bothered to sieve through it right now.

But he's working on something in the background with a group of friends. If it is for THG & it's a lowball offer that's accepted. I will be submitting a complaint to the FCA.

I'll dig into it more tomorrow & document it. See if it's truly linked or I'm just tired.

Dominic Murphy, non-executive Director commented:

"It has been nearly 8 years since I joined the Board of THG, during which time I have had the privilege to witness the Group's journey through a period of profound transformational growth. Considering the length of my tenure, I feel that now is the right time to step down as an independent non-executive Director of THG.

Oh damn.... Who's the replacement? Mr Candy man? If he doesn't place a solid bid? Anyone have a view on replacement? I genuinely don't know who'd they'd look to.