The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Despite all the negative rhetoric regards MM, although concerned at some of his actions and outbursts, I’ve usually been positively swayed to what he stands for,
However now I feel his personal crusade to be Robin Hood of the North West is being propped up by THG shareholders whilst he basks in the glory.
Surely he must understand you cannot run a company through social media posts, there are governance and protocols rules you have to abide by, you can’t play at this the rules are set, if he doesn’t like it then get out of the kitchen, at the end of the day he may be helping a small few ( giving shares away ) but proportional he’s destroying a lot more. To which it appears he has no interest in.
It will be interesting to see how the market reacts to Amazon this morning, long term I think this could significantly benefit THG, however the market may take a while to appreciate this. This for me bodes well regards increasing the likelihood of a bid from PE, they have the funds to have a go at picking up some of Amazon business, through a THG quality business model.
Yes agree, looks like it was planned to be compliant with reporting rules, and allow the minimum time for any large bail outs of existing positions. Let’s hope everyone holds their nerve when the scraps appear.
Great Post Ste2000 & Trojan, it’s important that these counter balanced messages are published, i sense the start of a snowball with the increased positive momentum of news leading up to the next market update.
Let’s hope the new Hotel Chocolat Coffee Podster they have just launched is a successful as the Velvetiser, it looks good and may be the reason for today’s share price rise.
I bought back into to TUI recently I thought the risk-reward uncertainly was worth taking then, the raising of £1bn plus in my view creates a level of risk that is no longer comfortable for me to stay invested. I’ve got out with a small profit and will watch carefully how the market reacts. If I stayed in I would be obliged to buy the extra shares at the discounted price, in my mind simply just to protect my original investment due to the dilution of the share price. I may be totally wrong, just felt get out whilst in front and review the market response when the extra funds have been raised. I have to admit I called it wrong today, but still feel it was the right thing for me to do. There has got to be a significant upside at some point for the travel industry soon, and TUI are in prime position to benefit.
Last week first TUI holiday was booked since the pandemic started and I've repurchased TUI shares again, it feels like the right time for me to take the plunge - hols & shares time will tell.