Member Info for Showsnowman

Looks totally fake to me…..

Yes Mark Kleinman is a paid columnist for City AM. ……

Very interesting…….

Yes, best one I’ve listed to as well. Very upbeat on all fronts. I got the feeling they are now fully aligned and positioning themselves nicely (rebrands, product pruning, automation, etc) for better times.

I tend to agree. I think Kelso sense exactly what he will do.

I forgot to say, It also looked like all the shorts had the same opinion that a tie-up would likely happen with Apollo. Another point that kept a few here until the end I’m sure….

This truly is now. The SOP valuation remains super attractive, but the corporate action (which lots of us thought was our fastrack to riches) is now a complex path. Todays decision along with the 35% comment has left me thinking that any corporate action won’t benefit me like I quite thought it might do. So now for me it’s either stay put and let value play out in an improving climate, wait for another bid that THG may somehow view differently or look for other shares that can generate returns faster. This could well now go south before it heads north. A dilemma indeed…. What troubles me most is that MM has now firmly made his bed and looks to have laid a path that only suits his personal agenda. And therefore the THG circus antics will now continue for the foreseeable. Who knows…..Good luck in what ever you all decide.

I suspect Wincall that is exactly what will happen. MM along with his preferred backers.

Yes these guys are sounding a bit desperate now. All their eggs went in one basket and they’re under water now, plus they have margin to find on their CFD. Not the best way to spend your latest raise. They write their notes like people will take note of their views. - they obviously don’t know MM that well!! Be interested to see where they next see value.

It’s not just the Twitter rampers, there’s one or two on here too… made total fools of themselves in the last few days.

Some of their recent raise looks like going towards the margin on their risky CFD.

Will be interested to see if they now double down after their recent raise. I doubt it, but possible.

Utter rubbish Canary, as per usual.

Yesterday, two of Purplebricks’ major shareholders, Inflection Point Investments (4.78%) and Momentum Global Investment Management (7.18%), sold all of their shares, amounting to just under 12% of the business (around £700,000).

It is clear why they bailed out, but the question is ‘who bought the shares? (& why).

The period of exclusivity for Strike applies only to the purchase of assets and business, so could another player be stepping in with an offer for the company? I guess we’ll find out soon….

Yes I thought I was going mad too!

I think all genuine holders would be Happy if Oke is correct, I certainly would, but let’s face it, it doesn’t look great. I believe this approach will likely result in THG going private, but that’s not to say it won’t get across the line on the very first attempt. Even the best ships leak a little.

Good point OohAah. My gut feeling is that MM will likely use this particular approach to take it private. Finally remove his baby from the LSE circus.

Oke, I think you mean discussions continue. There is no deal, until an offer gets officially announced.

I think in a nutshell that is what will happen. I’m starting to doubt that Apollo can offer anything close to what MM and the major holders will find acceptable. Unless of course they provide the vehicle / conditions for him to take it private.

You continuously write all that Canary, so how come you didn’t have the conviction to hold all your shares??