Member Info for Rock8

If it was agreed/ signed an RNS would be released immediately.
More than one party involved and too many sources involved - would be leaked.
No RNS then no agreed/signed deal.
We need than RNS!

Excellent post

Sorry wrong thread
NOT with ITV

Difficult to build momentum with IG still allowing only closing trades.
No new long leverage positions allowed for past few weeks.
Not helpful

hTTps://www.marketscreener.com/quote/stock/FL-ENTERTAINMENT-N-V-140214435/news/Hollywood-s-Chernin-Banijay-s-owner-in-talks-on-ITV-Studios-42862049/

The also can sell at the buy price and buy at the sell price (anyone with DMA).
So it covers stamp duty.

Anyone with DMA (direct market access) pays a flat fee not a transaction fee.
So algos/traders can use small amounts on various exchanges so they don't tip the price.

Apologies answered request to post but too slow

Need for change at THG is all too clear, says bank
Jessica Newman
Monday January 23 2023, 6.50pm, The Times
Another profit warning from THG last week confirmed that, after years of growth and acquisitions, the need for a turnround at the ecommerce business is “apparent”, Numis has decided.

Numis, one of eight banks that helped to float the business, formerly known as The Hut Group, in 2020, laid out plenty of reasons why clients should sell the shares. As well as worries that margins will be harder to recover and other balance sheet concerns, another gripe for the analysts is Ingenuity, THG’s technology logistics business that helps other companies to sell online. Ingenuity has a lot to prove as a concept, let alone as a viable business, Simon Bowler, of Numis, argued, adding that it may be more of a “distraction than a valuable part of the business”.

The company blamed a slowdown in quarterly sales for its fourth profit alert in 12 months. It had hoped to generate profits of up to £130 million, but now believes that between £70 million and £80 million is more realistic. After falling by more than 3 per cent during trading, the shares closed flat at 54½p last night — a far cry from the 500p at which the company was floated in September 2020.

I wonder why he was fired from his job as CEO of ITV?

Assume you are short given your ridiculous statement?

If they wanted more shares they could buy them in the market but they are not.
Suspect MM is not very popular in Qatar anymore after update as when he did not update the market prior to Christmas he could not update Qatar.

I don'y buy into your theories but either way the BOD is not just one person.

Would be handy if they bought some shares as a show faith in their numbers?

Analysts at RBC Capital said that while THG was likely to fare better than clothing retailers during a recession, there was a “risk of disappointment” for investors.

Moulding said: “With the completion of the divisional reorganisation, and around £100 million of annual efficiency savings already delivered, the group enters 2023 with strong momentum to achieve substantial margin expansion.
“Core commodity prices used within our nutrition division have seen significant deflation since their record highs in 2022, giving us confidence in significant profit progression as we move through the year ahead against a much reduced group cost base.”

Analysts at Liberum warned that there were plenty of cheaper stocks in the consumer sector with lower debt levels and more reliable earnings.

They added: “The key risk for investors is the level of confidence they can place on the 2023 guidance and the ability of management to deliver on its promises.”

THG’s shares were boosted shortly before Christmas when the company confirmed that a group of lenders had granted the business a £156 million facility to provide liquidity over the next three years.
However, the shares closed yesterday down 14½p, or 21 per cent, at 53¾p.

The health and beauty business said that the funding from BNP Paribas, HSBC and NatWest was a “strong endorsement” of its prospects even as management faced a consumer downturn in spending on non-essential items.

Today’s Times

Festive sales bubble bursts for THG

The beauty arm of Matthew Moulding’s THG empire is considering selling loss-making businesses after it was hit by a slowdown in sales over Christmas (Helen Cahill writes).

THG has begun a strategic review of underperforming categories so that executives can focus on its core beauty and nutrition brands. The group added that it had already laid off about 2,000 employees to make savings of £100 million.

It comes as THG revealed that sales fell by 8 per cent year-on-year in the fourth quarter and that full-year profits would be lower than expected.
The group’s beauty sales declined by 9 per cent amid disruption in its courier network at a peak time for Christmas deliveries.

The company, formerly known as The Hut Group, had hoped to generate profits of up to £130 million but has lowered its target to between £70 million and £80 million.
The management team at THG had been aiming to achieve full-year revenue growth of up to 15 per cent. However, group sales rose by just 3.3 per cent to £2.25 billion.

Moulding, the chief executive, founded THG in 2004 and has built the group into an online beauty and nutrition business that also offers a software platform for third parties to market their products to consumers.

Well I think we would all take 200p
Tonight even 70p would be a good number.
No point beating each other up.
We all lost here today and all looking for someone to blame.
Certainly the BODs should take the majority of the blame IMHO especially after their Oct guidance.

…..and a bully

You really are an offensive stupid individual.

Last year from their report but it was also flagged in advance

Analyst and investor conference call
THG will today host a conference call and webcast for analysts and investors at 9.00am (UK time) via the following links:
To register for the webcast, please use the below link:
https://brrmedia.news/THG_Q421
To ask questions, you must dial in via conference line using the below details:
· Room number: 7571352
· UK dial in: +44 (0)330 336 9601