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Interestingly, if we discount the 2-3 week spike during the Apollo bid, today’s close at 84.52 is a 12-month high.
70k shares with me. Have averaged down since initial buys back in Nov 21. Still not quite break even, but getting closer.
Certainly been an interesting week
REVB was Deputy City Editor Neil Craven’s share tip over at the Daily Mail / This is Money on Jan 1 when the SP was at £1.23.
This was published a day or two after he wrote a biarticle about THG being shorted which started the share price decline over there from 230p down to just over 120p at the end of Jan.
Wonder how he’s feeling about his REVB tip now
Six green days in a row now too.
Last time that happened seems to have been back in December 2020
Can anyone explain to me why Revolution Beauty shot up 8.6% on Friday on extremely low volume.
REVB was the company Neil Craven recommended as his share tips for 2022 just a couple of days after his Xmas article that THG was still being heavily shorted. Of course, many people ignored that article on THG, but that was effectively the start of the downwards slide from 230p to where we are now.
REVB is retail / growth stock that seems to still be performing ok this year. Yesterday there was about 25k Algorithm shares bought between 1.40pm and 4.10pm that pushed the price up dramatically, then 750k sales (at 0.06p more than it was at in the morning). Then about 1,500 share buys pushed the price up again to 124p
Just seems strange to me that THG saw multiple million share buys in the afternoon yet ended down on day. The market sure does seem irrational to me at times.
Here’s what I think may happen tomorrow between 7-9am - or indeed it could really be any variable from any of the options,
Ultimately, it’s going to be largely influenced by the state and the content of (any) RNS comms.
- No RNS. Could open cautiously positive between 140-145. Perhaps inch up towards the 150s by midday. From there, if it’s felt to be quite a warm silence, perhaps move slightly up / sideways. If it’s cold, a retrace to 119 is a possibility.
- RNS saying THG are aware of increase in share price, but no reason they know of as to why. Price will likely fall slightly back, or could slip back a lot.
- RNS confirming talks, but saying only at opening discussions. No dates or offer range mentions (Could open fairly decent at 145+ and move steadily up to 180s through the day.
- RNS confirming talks, with specific date(s) of further announcement(s). This gives a timespan so price movement also would then depend on length. If a short time span, then share price could rise sharply and dramatically. If a lengthier time, share price may just settle at an according rate.
- RNS confirming talks and terms / date / offer imminent or fully confirmed. All largely dependent on the nature of the deal and could mean a share buy for any range between £2-£8 (£5 being mooted a fair bit), or a variant offer.
FWIW - I have been invested as a long since November at £1.89 avge. I have been concerned this last 2 weeks (but have managed to also slightly average down), so I would be hopeful tomorrow will develop as a variant of the latter two examples above, rather than any of the first three.
However, conscious the first version could also very well be how the day evolves. To be honest, the path is probably already largely laid out and we’re all just mad spectators at this point, so no other words other than;
GLA!
Other THG websites
www.Zavvi.com
www.iwantoneofthose.com
www.arrowfilms.com (UK)
www.arrowvideo.com (US)
This seems more of a non-story than anything, but is it hinting that he may step down as chairman next week?
https://www.yahoo.com/lifestyle/matthew-moulding-takes-action-thg-130050993.html?fr=sycsrp_catchall
Neil Craven's THG article on THG and subsequent recommendation of Revolution Beauty wouldn't be anything at all to do with the fact that he ran an interview with the owner of Revolution back in July would it?
https://twitter.com/neilcraven1/status/1416746844714045443
He even gives the reason for Revolution as being "An affordable and expanding global brand that sells in stores, but with its own online identity, it is a growing entity in a beauty market that can only, surely, benefit from a receding pandemic."
It seems he just has a personal issue with THG's alleged "nasty corporate governance".
And, anyway, his tip for 2021 (WHS) lost 2%, and he admits to losing out on his 2020 tip of M&S also, so maybe he's not particularly good with his recommendations anyway.
Hi all,
Just wanted to say a big thanks to all for this forum. It’s been an invaluable insight to a newbie like me these last few weeks.
I’ve never invested in the market before, but THG caught my eye as a potential opportunity in early November. I did a lot of research and reading on the company and made bought my first shares on November 19 at 197. I’ve since been averaging down and now holding a fairly nice amount at an average of 188.
I was getting a little nervous last Weds when the price hit 167, so thank you to all the positivity on this board to keep me in.
It’s been a very exciting last eight days (a 63p rise) and has been a lot of fun to watch. I’ll be certainly holding at least up to Jan 18 with more promise to come over the coming weeks
Merry Xmas all, whether you’re in this for short or long term, GLA