Member Info for ryanf

Where did you hear this Pearls?

Selling is forbidden!!!

"No one wants to buy"

Can you explain why the SP is moving higher then Ste2k?

Moniman, if MM delivers, you won't need to worry about your broker lending out your shares. The SP will perform based on fundamentals in the long run. You just need to be patient, especially as this IPO'd recently, so has a lot to prove. But I believe it will.

The pot calling the kettle black Ste2k.

Don't give Moulding any more ideas Moniman

Tentucky Hried Gicken

If 41p was the bottom (yet to be determined), us longs are looking at the start of a beautiful uptrend. Fingers crossed!

I feel like selling nutrition would be a massive mistake. I certainly wouldn't want to hold shares just for beauty and Ingenuity.

I'd be pretty pessimistic about life if I lived in Hull...

Yes, but it's what most companies are advised to do (get as much public money as possible). And wouldn't you if there was a market for it? The companies are not forcing you to hand over your money at IPO.

Look at the performance of: Deliveroo, Darktrace, Robinhood, Fubotv, Lucid, Palantir, Rivian plus the many more IPOs during the pandemic.

All IPO'd during the pandemic because we were in euphoric market times to get as much money as possible. The hype has gone and most of these are down 80%+.

No, not accountancy fraud because that would imply they have cooked their books and have reported false historical financial results.

I am saying that the forecast for the future was massively wrong and we were in a different macro environment, hence items used in the DCF, such as discount rate will be more adverse now than it was during the IPO.
The brokers can get away with being wrong about the future of the fundamentals and the macro, even if it was unrealistic in the first place.

The investment banks that take these companies public want as high a price as they can get so they get as high a commission as possible. Not hard to see why most IPO's end up falling after the initial hype is gone.

Moniman, you are wrong about IPO's being typically good value. The terms "Initial Public Offering" and "It's Probably Overpriced" get used interchangeably.

Not to say there isn't value at these levels. I think there is.

Oh yea Boo bought revolution beauty didn't they...

Asos and boo only sell clothes. Very limited market, especially in recession. Thg has clothing, but also beauty, nutrition and direct to consumer technology.

Yet all 3 are of similar valuation. I'm not convinced of Ingenuity yet, but even without that I'd still prefer to own THG for the long term.

65p to 70p imo.

I've missed goldy7. Reckon he sold his entire holding at 33p?

Bet you said the same when oil was down in the doldrums in October 2020. Things change and without warning. Same will happen here. All part of the business cycle.

Oh wait, no, I do hope it burns.