Member Info for RN1MLT

I feel it was more to do with the trades that were happening.. someone was buying in the market, so they were forced to release the information to the market. Something strange happened recently we all noticed, price pushed down, a lot of trading, IG data is shoring over 23mil (32%) shares traded in recent weeks, so something is a foot. It could be a big II wanting out and forcing this or manipulation bythe potential buyer to load some on cheap so that they need not have to pay too much later. Also, now everyone has to declare their share holdings to the market, would be keen to see if there is a new II/institution on the books.

100mil, should be the minimum value agreed, but this being initiated by TRX tells me that one or more of the IIs want this to be sold.. one of them has an average above 50p, but been only for 2 years.. will that II agree to a price less than £1?

3x revenue multiples would be a good sweet spot, landing us around 115p, good 90-100% premium..

Generally we will see an offer to purchase all the stock at a given price.. This price is usually calculated on multiples of revenue or profits.. we get offered a price, then the board has to make a call on it on our behalf (well on IIs behalf!) to accept/ reject. This being a solicited approach, TRX will have to leave a bit more on the table.. In any case, I feel anything less than 2.5x revenue (97p) should be rejected but will see....

Lets just hope it will be a good one.. the price manupulation and big volumes were telling... as always didn't manage to add more... so pateince is key with these shares as it is very difficult to time these events!!

Nothing is left to a chance.. everything is already calculated... ING is 1/7 of THG and remainCo is 6/7.. you see that they have already taken around 14% (1/7=14.2%) new shares in THG to a proportion they predit they will have to loose the stake in remainCo.. so effectively.. the IIs and MM will retain their stake more or less the same percentage in remainCo and gain more of the stake in the ING...I can't take ING as I hold mine ISA..

We could get an RNS on 11th at 4:31 PM saying results on 12th!!

Past*

One of the reasons company is at this low valuation is quick expansion in the last...I would want this to be steady until the company sees enough orders to convince the shareholders that return on extra capital investments will be guaranteed in the near term.

Will have to see.. but there is still JD to show their hand

I know Chinese very well, they will never pay the fair price for anything, very stubborn when negotiating. They were in discussions with Currys from last year as reported by BBC and I guess were dragging their feet hence the Elliot offer to out them. If JD don't offer, there is chance for this could go private. Makes sense as a strategy, specially when JD missed on buying German retailor, if Currys also goes, they will loose the battle with Alibaba and Temu. Having said that, I don't expect anything over 80p, the final offer could be around 77p.

It seems that way.... first time they have released a ''Form 8 (OPD) - Currys plc'' after Form 8 (OPD) from JD.com the day before... News should be out over the weekend I would guess!!

I agree, the downward sentiment is persistant, with measures to curtail ads,

https://news.sky.com/story/vape-ads-on-social-media-need-to-stop-as-regulator-announces-crackdown-13083389

However, when all this passes and there is some clarity on the damage, this share should bounce back. Will have to wait till annual results to understand how much revenue and profit is lost and the plans to recover and growth.

Yes will load up more when it drops below £1.

Its the future that is important not the past and present.. They could not give any clarity on this, so this will drop and discount for the unceternity.. so PE at 11x, at earnings of £26m (after tax) for FY25, 283m marcket cap is sensible (for UK markets, which are always looking bearish for no good reason!!)

Or clarity on the price to be offered...someone deffo god wind of it.. but there are player in the market to moderate the price.. they will just open a short position and cover this rasie!!

Not expected this to be implemented... I don't think the industry was expecting this as well.. Sandy did say it is not expcted with NHS distributing milliions of vaps on one hand and taxing them on the other...

https://www.thetimes.co.uk/article/jeremy-hunt-cut-national-insurance-income-tax-inheritance-stamp-duty-k9tx63rfq

Keen large buyer/s at this level is a good sign - Gives confidence in the strength of the underlying business.

Still not at fair value though.

Just one more on JD...

https://uk.finance.yahoo.com/news/analysis-currys-buyout-chinas-jd-111920300.html

Why currys is fit for JD and potential reason for Currys trading higer than the 62p offer price..

https://retailtimes.co.uk/kantar-currys-may-not-be-the-only-retailer-in-jds-sights-as-chinese-e-commerce-giant-confirms-interest-in-bid/

A t/o at very very low price or more worryingly, it will be pushed into the admin and then bought off cheaply... you can't have a shareholder at over 30% holding and this happens without their knowledge.. more likely, it is happing for them... they get their loan back, get someone else do the dirty deeds of pushing this in to admin, and pick it off....wow, but sadly seen it all before.... I hope this never happnes and we recover... this drug is very good and a saver for many pateints, so if done well even from here, we will recover to see profits and shareholder value restored

Wow... I wonder if they have reduced the revenue/prescription realised in H12023 to help fudge the figures... you increase one number and decrease the other... and then say we will increase the revenue per prescription later.... Just letting the CFO go will not be enough. I am worried now how will the biggest shareholders will react to this!!!