Member Info for Ste2000

only thing we can do is remember lord allen bought twice so it must be ok, as hes not in business to lose money, and hes not doing it just to be chair of THG (its not exactly a high profile company nowadays)

steve whitehead also bought a 4.5m (although i dont trust him as he sold a lot at 120p, i know we think it was a margin call, but still, and he got given a load more for free....at least he bought)

then surely mouldy cant let it go broke as it would also make his charity broke as he gifted shares not cash to them

all in all, i m hopeful based on the above and scared based on the SP

not sure city spy ever ramped - he was fairly even balanced
today has been a car crash
expecting something awful to come out - either Q3 or new analyst downgrade or worse
i hate THG

GGG you are right - it is fully drawn and is on the P&L as 500m pounds debt
H1 vs H2 - one big difference is the purchase of cult beauty for 275m pounds in August 21 so after the H1 results
then other big changes in cash are pretty easy to see but are 1/ inventory, 2/ capex, 3/ finance and leases, 4/ adjusted items

this also reminds me of that awful capital markets day - which was almost exactly one year ago
my guess is the market hates moulding so much they are giving him a present on its annverary, or that ingenuity event they did last week was another pile of S HIT and its selling down again due to how poor ingenuity commerce's results are
11m in q1, 11m in q2 - cost per half in capex alone = 89m!!!!

the only good news is that, unlike all the other hundreds of 50k/100k/ 250k etc sells which were thrown into the market, this 5.5m sell must have had a home to go to

re buyers, it is so obvious that THG cannot attract even one new II or one existing II to top up -which speaks volumes

mate come on - the share price would not be down if those figures were accurate would it

short loading? who knows with the old shed group

clearly was a sell as SP now recovering
wow - that is one show of no faith in THG

You have to also look at:
1/ trade payables they paid (almost 200m)
2/ investment in inventory
3/ investment in automation
4/ investment in tangible assets (mainly ingenuity platform which I think is a criminal waste of money)

then they made a FY and MY loss

if its a sell, then we know an RNS is coming
must be a sell as market went down after and is down today

fairly obvious now somethings up and coming down the road isnt it

its getting a little farcical now - i do feel better to just drop to where it will and then let the take over happen as this aint staying on the LSE in its current form

if these guys are II funds, I think we are becoming depserate

or camp 3 II
T ROWE sold down
Blackrock sold out
Jupiter sold down/out
Softbank didnt take option

vs
Zero new II buys in 2022

shut up mikesmyth from ADVFN

you got any facts to fact check me on darling?

any of the below not true? or you getting emotional / personal as you dont like hearing it

ts down cos it loses circa 200m cash a year, has issued 3x profit warnings in 9 months, has not provided a clear path to FCF positive let alone profit, it now has circa 300m net debt, ever growing lease liabilities, and ingenuity has failed to deliver (reference H1 at 22m vs twice confirmed target of FY 108-112)

on top of all the other issues - governance/ standard listing/ golden share/ mouldy as landlord etc etc

its down cos it loses circa 200m cash a year, has issued 3x profit warnings in 9 months, has not provided a clear path to FCF positive let alone profit, it now has circa 300m net debt, ever growing lease liabilities, and ingenuity has failed to deliver (reference H1 at 22m vs twice confirmed target of FY 108-112)

on top of all the other issues - governance/ standard listing/ golden share/ mouldy as landlord etc etc

its one of the most visible examples of utter share holder destruction ever witnessed in the stock market - within one year it has lost 500p per share!!! and the promises made to hold it up (premium listing/ removal of golden share) were lies

oh dear thats yesterday all but wiped out - getting close to my 10% drop prediction from this morning

getting the hallmarks of a -10% day as it goes below Boo SP/ lower than asos drop etc etc
SP goes down as no II or funds want to buy this company at any price