RE: This is the post that holders need to read..Thank you Stockbroker23 Sep 2023 09:05
THG is 69p, far be it for me to agree with anyone but steveinhull is correct in everything he's mentioned
Stockbrokerbelt-Regardless of what THG have done in the past 18months, every trading update or result have been defacto profits warnings and the share price is 69p & 69p for a reason.
The FT said sum of parts was Β£2.25
The bids that weren't really bids were allegedly Β£1.70 last year but we have never been informed of the truth. King st, Belerion, Candy all stank to high heaven, they never smelt right, (insiders bidding). Yet Β£1.70 fundamentally undervalued the company, "says who"?
We've heard a lot of waffle about Apollo's bid and the price of ingenuity alone, again, we don't know any truth. The GS was a control tool for someone who wants who wants to ride 2 horses at once. Sir Martin Sorrell @ S4 is the same but it can't be done. You private or a PLC, and we aint seen anything remotely like a competent CEO.
What excuse is it for the next profits warning? We've had the war, inflation, cost of living etc. We held prices to take the burden of consumers, we are a buisness not a charity.
How much dilution will his give away shares be this year?. There are as many negatives as positives but the share price is 69p. Ramp all you like, dream all you want but don't be deluded, the city say its 69p and that's it. 69p that's it today, simple.