Member Info for Ste2000

interesting - will re-read but we are down -30% from 159 and 20% in 2 days....I know banks are a holes, but this does seem more, no?

agreed - where do you see the money going. Good news griffin bought another 3m (although he had top slices 4m), but the big banks seem to be increasing shorts, arent they?

even went below 112 - one thing to bet the house on...thg loves a 10% drop on no news. wish I had remembered this more when it was in the 150s...

dont know whether to laugh or cry at that...10 trading sessions ago this was at 159, 2 days ago this was mid 130s.....

sad that all the negatives have come out so much today, but really have no idea how it has dropped so much other than it can be manipulated at ease, which is why I will always believe this company cant exist on a public stock market and must be taken private

it was 116.45 having fallen that day from circa 120, so yes, is below. clearly we need a bid to be tabled; doesnt have to be accepted but no bid from 2 parties on the same day would not be seen in a positive light by the market

thats what suggests to me it has nothing to do with future bids - plus it dipped on the day before the RNS on possible bids so clearly market has no real idea of bids...now just bringing it down inline with the drops in asos and boo over the same time period

SUFFER - goes without saying that we all hope your leveraged short gets caught out by a surprise RNS.....

Griffins is great 3m buy
Morgan stanley is 2.4M shares as increase to short - not sure this is good news, but rather bad news. happy to be corrected if I have misread?

the interesting thing to look for is if the 3x2M+ trades on Friday were buys or sells...todays RNSs will likely show

Makes sense Rock/ that photo the scum (journos) always use of Moulding with his top off but also his wife - it’s so disrespectful. No idea what the lad has done to deserve anything other than respect for creating jobs in broken Britain

Nice post Hosai - as you say PE would have to buy with moulding, esp as he has a golden share. That said, they will also want to buy with Moulding as 100% they would want to keep him leading the business, he’s the companies biggest asset.
This is why the king street bid has legs as it’s with McDonald, who has worked with moulding for 11 years so as a minimum they have a strong working relationship, and likely a friendship.
I honestly can’t believe McDonald doesn’t know the price moulding would accept to go private with, and this is why I would be surprised not to see an offer from them beginning with a min £2…
I also think the other board member leaving and his firm missing out on boots is very very interesting (maybe not by Thursday) but one to watch

Top post holy1- thanks for sharing your insights and backing up with facts. Funnily enough I was just re-reading the betaville articles on Thg from March and feb time, and would be surprised if neither advent or CVC didn’t bid (and in fact anyone who has missed out on beauty or even big UK company takeover bids). PE don’t make money by having their money uninvested and need a continuous pipeline of companies to invest in. Surely Thg fits this well.

Agreed GG- if kings street consortium are willing to pay 2bn (170p a share) and there is speculation that moulding would support a deal around 225p a share (or circa 2.5bn), surely they will test that claim by offering an extra 500m or so..it’s not a huge amount of money when you think of all the business you are getting. Be odd if 2 suitors 2alk away without even testing the £2+ a share claim, and also if not other PE appeared (knowing a lot have missed out on boots which is beauty , so US PE must have an interest in uk healthy and beauty market )

Do you have the content of the article to share - my gut feel is it just highlights 9% voted against McDonald and then moans about thg governace (ie the standard times party line of hate and FUD)

Wouldn’t worry about AGM- nothing was disclosed there
The drop came after the AGM RNS - but again it was a foregone conclusion that all resolutions would pass
I see no other reason for SP drop other than what I put in my post
I still think king street will offer something with a £2 to get moulding onside- we re only talking max 500m more than their other bid and values thg so low
Candy- no idea, feel he is a joke

THG SP held up very well all day except in last hour or so. Whereas wider market and competitive set like boo and asc were in turmoil all day. My view therefore is that these big share trades after hours are buys and are what kept the SP around 130 for the majority of the day (despite huge inflationary related macro market concerns - Nasdaq is done 3% for instance!!)

You know we are different posters right?

Hahahaa amazing - great detective work Don
grizzled…you suck

I guess that tells us all we need to know about TO- it’s over. When this hit 155+, never thought it would drop so hard