Give it a break!20 Jan 2024 10:17
Moaners and groaners just give it a break.
Yes MM isn't perfect, we can all agree on that, but no one is! Some of you have made it your life's ambition to complain on here a few times a day atleast LOL. It's tedious and boring, and seriously need to get a life.
Yes like any LTH, I am extremely disappointed, but you have to make your own choices. If you are genuinely unhappy and don't believe in THG, sell up and go, simples, make your money elsewhere, I'm sure no one is forcing you to hold here! Something I can never understand. If there are fantastic CEO's out there (and undoubtedly there are), simply sell up here and invest in their companies, its an easy choice, it'll do your mental health and well being well, will stop your postings only on the THG board 😉. Many of you are obviously not holders, but very interested on all the negatives, all day everyday, we all know who you are 😂.
THG isn't the only company that has slid in the last few weeks, practically every company out there has seen a similar drop in the last few weeks, its like you live in some warped THG world. If you are not infatuated with THG alone and look at the wider market you will see the likes of S4, BT, NWG, Frasers, SJP, M&S, Ocado, ABF, RIO etc have all dropped by significant amounts, some of the biggest companies on LSE. Its simply mirroring the FTSE. BT and M&S have dropped close to 15% in the last 2 weeks! Are you going to blame all this on MM, his video and the £100m Gorilla! LOL
Give your heads a wobble and take a pinch of reality. By complaining about MM every second of everyday will not achieve anything, he doesn't control the FTSE, LSE or the UK economy or the World contrary to the gibberish you spout here 😂
In the last 12 months THG have done deals with Maximo, Holland and Barrets, L'Oréal, Pepsi, Autostore, Iceland, Biossance and plenty of others. Any recognition on the share price, none at all, can they do anything about it, nope its out of their control, LSE is dead, efficient market hypothesis is dead, hence why so many companies are leaving and worth so much more privately. Anyone looking across their portfolio will realise that. Many will say what about director buys, ok, probably highest director buys on the whole FTSE, ~£12.5m in last 12-14months! There is a fundamental problem with the LSE, the market is broken. Read Wincanton Chairman's note who have just accepted a take private deal!
NOTE: On the cash figure, as far as I know THG had an unused £170m bank facility, which would assume £430m pure cash on hand. This is after the £20m Biossance deal, which is quite incredible. With +ive Cash Flow this year, this figure should now only increase.
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