Member Info for steveinhull

Let's also not forget in September they told the market that the beauty division would be spun out as a separate entity in the first part of 22.......it hasn't happened.

IF we break the 10 EMA at 88.77. so far it's bouncing off.

10 day EMA is 88.73. probably why it keeps bouncing off this area so far

Cannot see why 88 would be resistance on the technicals. We had a big issue with 90p not long ago. That is more of an area to watch. Algos work more off round numbers so that could be a battle ground area again.

This won't hit 88 today. Looks like another afternoon dump may have started.

Fingers crossed.

We are being kept under 80p again like yesterday. Seems the algos are setting up the wall at this level.

Lets see.

This share has a real problem with round numbers. Wasn't long ago that we had 90p as resistance and that lasted for weeks till it punched through and we went on a decent run

Dont get too excited just yet. Anyone who has been in this share for 6 months or so knows how it can very quickly lose any gains.

Now let's see if we can break 73.

The SP keeps heading towards the 70P support zone. If it breaks this afternoon, and looking at US futures it might, then this heads right down into the lower 60s.

Nightmare.

That, I am afraid, is the only potential positive, at least in the near term.....NO DIRECTOR BUYS YET!!!

There MUST be a reason for that. Because as you said, if they really believe 170p under values the company then they should be in now scooping up shares.

Resistance seems to be 73 right now. It's hit this multiple times in the last few days and cannot stay above it. On a more positive note 70p seems to be some sort of support level (I am grasping at straws to called 70p support as positive)

But just keep in mind the broker forecasts have been steadily dropping the last 6 months or so

Because they told the market last September that the beauty division was going to be spun out as a separate company. If they are no longer planning to do this then they should be informing the market.

It is a slow bleed. Only time it stops is when bid rumours appear.

They are supposed to be spinning off the beauty division as a separate entity.
Main market listing
MM giving up golden share

All jam tomorrow stuff that never happens.

IF.....that is true they informed the market last September that it would be the FIRST HALF of this year. Which is imminent surely?

"(THG) announced mixed interim results, with the reported figures overshadowed by the announcement that the group’s THG Beauty division will be spun off and listed as a separate entity during the first half of 2022."

September issue of Investor Chronicle. But according to what IR sent someone this morning it is no longer happening? If it isn't shouldn't the market have been informed about it?

How is this unlocking value for shareholders?

The assumption was beauty would become a separate entity. It isn't