No, it's actually private investors that easily lose their nerve and sell at the bottom. That is why most of them lose vs II's Valuation has plummeted based on small number of shares available/ PI's ****ting themselves and shorting. It was priced in a different world, a covid one with lockdowns that is, and even now with war, inflation, supply chain issues and potential recession, this company is still on track to deliver 20-25 % revenue growth. Stellar performance given global conditions and it makes current market cap an utter joke. The institutions wouldn't have taken the offer, because THG confirmed yet again this week they are still on track for 20/25% growth so why sell. Imo, in current climate you should sell companies that are performing poorly, not the ones that are still growing strongly.
You know what doesn't add up Rock, you thinking large holders who paid 500p/596p are crazy to turn down a 190/200p offer even though the company continues to grow strongly and has beaten IPO targets. It's an absurd way of thinking. Just because the market doesn't value the company correctly atm based on the free float doensn't mean it isn't worth a heck of a lot more.
@OhhAhhCantona, yes, still here. Good to see you're still holding strong as well :-) Was just venting a bit of frustration. haha I agree that they have to update the market next month on all those points in a big way so we don't have to wait much longer for a potential catalyst.
Given the news on Boo & ASOS yesterday and both the % drops they showed it's crazy to see this dropped almost as much as ASOS while at the same time THG confirmed yesterday they are still performing as stated during the last update so still on track for 20-25% growth this year. It's absurd that this isn't recovering properly, yet ASOS & BOO with worse outlooks do. Rant over lol
RE: bounce can happen only with director buys...16 Jun 2022 16:04
@Trickymatters, yes i think they will. Other potential options would be if another bidder steps in or MM takes it private which has to be for a price well above 170p. I agree that women will still buy make up, same way fitness types and bodybuilding roid monkeys will continue buying protein products.
I don't think it's bold at all. If it were offers of 150p/170p why the hell would you even entertain such offers when plenty major holders paid 500/596p? Best to now just go with premium listing and division spin off. Don't rule out another bid from new party either. imo
RE: THG just turned postive on my portfolio!!!!26 May 2022 13:43
Congrats, i'm pretty sure most of the major shareholders are a long way off from making a profit on their holding. Buy hey, it seems according to the media MM would accept 250p and shaft all major holders that paid 500p and 596p. lol #fakenewsmedia
I would be surprised if any King Street offercomes in high enough to get accepted. Sureley larger PE like Carlyle could easily trump their offer. Imo it all depends on MM and his golden share. Go for the highest offer or shaft some shareholders and sell it to his mate.