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Seems to be the pattern currently. Traders and investors are happy. Not a usual scenario!!

Will alarm companies that are short. More shares in sticky hands the better. Imo

Wonder when they will realise that the game is up?

Whether legal or not, should be exposed anyway. And the world can see the information and decide if this rampant greed is ok or not?

Ld1973, definitely. Why wouldn't the regulator use it, let alone THG? Cleaning up this casino is in the interest of most punters. But, call me cynical but the city will not allow this.

Genuinely am completely baffled by what GAM are playing at. Either they have a genius idea or are stuffed. I am going for the latter! Obviously !

Anything to help pay down debt is good imo, even if it does mean selling some of the family silver. The insurance side was probably what the PE group wanted to get their hands on 2 years ago when the 33p (old money) bid was rejected. So, we know there are interested folk out there. Explains the improved SP over the last month.
Atb

Glad to see a change in sentiment. Will be a slow slog back to a semblance of respectable SP but the trading update to me was reassuring about viability of this company too navigate through the headwinds. 2024 will be a good year and 2023 a stable year imo. Atb

Enormous reduction given they were at 1.6% at one point. Bodes well.

I was a bit optimistic with my prediction of 1000p a share by this point. Mea Culpa. I will say now though, 1000p + by Feb. ATB and have a good weekend.

tuan6, you are a highly intelligent person and i agree with your sentiment. However, please sort out your grammar. Its jolly hard work reading your posts! ATB

No point guessing as it's not in our hands and way too opaque. Even the city can't figure it out. Hopefully MM realises this and governance is sorted or he sticks 2 fingers to the city and takes it private. One of these scenarios will play out in the next 6 months and H1 results will be the crunch point imo. Until then hold and forget or trade if that's your thing. Guessing is futile however imo.

Hopefully all the bad stuff is done now and 2023 will bring better news and this board will become less nasty. Atb

This is as expected. Inventory reduction is excellent and drive saving by trimmed waste.
In the context of the terrible macro, this is on track. Debt still very low and plenty of headroom. I think market will be surprisingly kind. Atb

Stevein hull - I have been invested long enough to know there are problems with this company including governance (which i have periodically banged on about). However, this is a growth company and it has been a really tough macro environment for growth companies particularly those in retail. Headwinds are easing and I personally could see a shift in company discipline in terms of cost containment, trimming loss making areas etc - something that suggests a shift from a company run as a family enterprise to a more corporate affair. FCF despite a wretched year is a huge plus. The projected targets were in hindsight way too optimistic especially in the macro environment. A mature company will have taken the hit early and moved on. MM postponed this I feel in the hope of a miracle that did not come. The company will hopefully learn from this.
Take BP for example - when the pandemic hit, they got all the bad news out of the way early and set up very well indeed for a recovery which is the mark of a mature well run business navigating hard times. THG is a very young company in relative terms and these are issues they will need to sort. The chair is there to help with this. He is getting a lot of grief but i suspect he may well be behind the shift i referred to earlier. The chair has put his money into the business in a significant amount so has a clear stake in the improvement needed. We need to give these things time. Impatience has become the norm with PI's since the pandemic i feel and we need to get back to normal times of investing where time in the market will pay off. I have read an earlier comment about trading to bring average down. By all means do so if you have ether time and ability to trade. I don't so my strategy is to top up during dips to achieve the same outcome. I know it is unfashionable as people will say i am throwing good money after bad. I disagree in this case as I am pretty sure in 2 years - this company will either be in private hands or will have re-rated to a much higher SP. I am willing to wait, and maybe that is the key. ATB
PS. Happy pills ordered....

1 day brings so much doom. Relax folks. It's the job of the press to peddle negative stuff as its good click bait.
Thg has directors who have a big stake in the company and some investors with enormous pockets. The opportunists will spread fud to make money and so be it. Fall for it, sell and move on. That's cool. Or stay and discuss.
But please, let's give the negative chat a rest. 1 day was plenty. Otherwise I will need to buy some happy pills! Atb

Pearls, directors have bought plenty already. The issue here is IIs don't feel governance is up to scratch. Not sure how Moulding can change this narrative as he has declared war on them. Taking this private seems the only way to move on imo.

A change in emphasis in this report that was good to see - clearly outlining priorities and signalling a desire to cut waste and trim unprofitable sections. Previously some vanity projects will have been hung on to as the CEO will not have wanted to admit failure. This update changed the dynamic - profit as focus with a more business like emphasis is good to see. Perhaps there is the Chairmans hand steering from the background. IMO of course. I have little idea why there is so much doom and gloom about. Current SP for a company turning over billions is ridiculous by any measure. Hold firm and wait for a proper rerate is what i will be doing.

Ignore the fud. When Bull rocks up, it's time to buy imo!

Steve, financial journos are in the pocket of the big hedges. It's an open secret. Your faith in their knowledge and independence is cute but misguided imv. Atb