Member Info for samb69

Best thing that could ever happen to the stock market is to ban it. So easy to manipulate stock price either way.
It's never going to happen..

They have taken todays downgrade to take this down. Hold tight and don't panic. Let them take it to what they want short term.

Probably making plans to take it private.

There is no way THG would not issue a denial about the press speculation over the weekend if there was no basis for it.

Also was not expecting below 200p, especially as there has been a number of director buys in the last few months above 220p

While downgrading Boo to £1.50 they managed to reiterate ASOS to £72. lol

IG have it under the news tab for THG

RBC upgrades THG to "outperform" from "sector perform" on the back of a robust performance in co's e-commerce platform THG Ingenuity
* "Our analysis of Ingenuity's potential suggests SoftBank's valuation might indeed be reasonable, rather than far-fetched" - RBC
* In early 2021 THG had given Softbank the option to buy 19.9% of THG ingenuity for $1.6 bln which values Ingenuity at $6.3 bln after the unit has been spun-off
* Softbank yet to respond to THG proposal, however RBC suggests the Tokyo-listed firm is unlikely to walk way from the deal
* RBC keeps THG PT unchanged at 500p

Online retailers out of favour at the moment. Unless you are trading on margin and haven't got the funds to hold on for further drops the worst thing to do is sell at all time lows. Asos, Boohoo all taking a battering at the moment.

I am thinking the same.. Both THG and Boohoo going to be taken private.

Should hopefully translate into more clothing being bought for events/work/parties etc.. Should be better times ahead for clothing retail in general I would think.

MI5 has warned that Chinese government "agent" has been "active" in Uk...

Probably working for Shein and shorting Boohoo.. Hopefully now caught and Boohoo can rise back to £2.50

Ossingh: "But trust me when i say this british asians of my type (punjabi indian dont do boohoo). Perhaps the gujurati guys."

lol..What are you trying to say about us Gujaratis? We like it so much that us Gujaratis actually own it...

One big contract announcement and this will blast towards 200p.. I can feel it happening very soon.

Surprised that no RNS of Kamanis buying at the lows - wouldn't be surprised of a bigger plan to take this private.

It's the people who have bought using margin and have to sell are the ones who have to panic sell. They have no option if they have over leveraged positions..quick drops like this will give you sleepless nights if you are in that position.

Must be getting some loose change out at these prices..

A non exec bought in November at around £1.90 and Norges bought 3% of the company at around £1.60. I don't think there is anything undue to be revealed.

apart from Investec.. at least they are all higher than what we are at..

BOFA CUTS BOOHOO TO 'NEUTRAL' (BUY) - PRICE TARGET 130 (300) PENCE
BARCLAYS CUTS BOOHOO TO 'EQUAL WEIGHT' (OVERWEIGHT) - PRICE TARGET 135 (395) PENCE
INVESTEC CUTS BOOHOO TO 'SELL' ('HOLD') - TARGET 95 (170) PENCE
DEUTSCHE BANK CUTS BOOHOO PRICE TARGET TO 230 (370) PENCE - 'BUY'
JEFFERIES CUTS BOOHOO PRICE TARGET TO 165 (430) PENCE - 'BUY'
GOLDMAN SACHS CUTS BOOHOO PRICE TARGET TO 210 (420) PENCE - 'BUY'
JPMORGAN CUTS BOOHOO PRICE TARGET TO 230 (480) PENCE - 'OVERWEIGHT'