Pretty shocking we have got here but this seems to me an insane price and valuation for THG. Anyway, has got my average down a bit and i am keeping optimistic.
Shein loophole in US closing 2nd May...3 Apr 2025 13:54
Times article....
Instead, low-value packages sent from China to the US via the postal network would face a duty rate of either 30 per cent of their value or $25 per item, rising to $50 per item from June.
From the way SP has been taken down, I was expecting catastrophic numbers. This is anything but. Cash management much tighter and business stability has been demonstrated. Hopefully floor is here and upwards we go over time. Long term hold. Not sure of the value of a 1p dividend but Martin knows more about marketing than anyone of us!!
If there is a peace deal and Russia is open again, a potential 20B (from memory of our assets there) of value will be unlocked. May be a windfall the company could use to clear debt and pay a special dividend? It is possible imo.
Ashley in my view trades and manipulates via his holding. Making more money in the process. Which is why he strongarmed his way into having this market access. All imo as Ashley buying hasn't benefited share price in other companies as you would expect it to if he were just investing imo. I'm speculating of course so if anyone has a different explanation, please share.
The SP slide, without any comments or communication from the board is feeling quite uncomfortable. Time they earned their fat paychecks and free share handouts. Reasonable request I feel.
Good coverage. Essentially strategy change, Elliott watching and keeping dividend the same has helped SP stay the same and hold on to gains from yesterday....is the message from what I took away.