The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
£3.11
https://www.ft.com/content/a8e26f86-c877-43f9-8dc1-02c9448af909
Never seen anything like it. This must have been authorised otherwise there will be resignations tomorrow. It's a big game and I am in big so all this makes me nervous.
Monday up 44% Tuesday to date down 8%. I will take that any day of the week. It's now down to the conference call. I just hope it doesn't go badly.
To register for the webcast, please use the below link:
https://stream.brrmedia.co.uk/broadcast/64185dd837aa9c3b3147f16e
I am increasing my holding at this price. THG. You either love it or hate it but I am confident of making money here and probably today
If you want to make some serious money then relax, chill out and sit back. The SP is worth a heck of a lot more than 1.2B so hold on tight. You might just make a lot of money/
I am as confused as anyone here but a good day nevertheless.
https://www.ft.com/content/636e9ef2-0545-4ff2-b0a3-bb6596f824eb
Just remember the SP hit 79.5P in October with no bids. It's now at 88p so that doesn't support a bid to me. We need a lot more info which will hopefully come very soon.
Thankfully, I was in a meeting so have just got the good news. However, it looks like the SP jumped to 97p and is now 83p. Does that mean MM is not believed when he says there is a Bid? At least this time we have a name (APOLLO). Sitting tight for now.
I am sure I am not the only one wondering about what will come Tuesday. As a holder over the last 12 months (having also dipped in and out previously) then I am thinking about whether to add tomorrow or reduce. We have had a decent rally since the new year and I am concerned the SP could fall back into the 50's (or even 40's) if the results are not as good as expected. On the other hand, the SP could break 80p if the numbers are good. So, miss out on a profit or get a chance to average down, Decision time tomorrow i guess.
I asked ChatGP to write an essay on MM. Thought it might be interesting to read as it's a slow news day.
Matthew Moulding is a British entrepreneur and the Co-Founder and CEO of the Hut Group (THG), an e-commerce company that specializes in health, beauty, and sports nutrition products. He was born in Burnley, Lancashire in 1972 and grew up in extreme poverty. After completing his education, Moulding began his career as a trainee accountant. He later worked at various companies, including electronics retailer Dixons and the telecoms firm TalkTalk. In 2003, he co-founded THG with his business partner John Gallemore, which started as an online retailer of CDs and DVDs.Under Moulding's leadership, THG has grown rapidly to become one of the largest online retailers in Europe. The company has expanded into new markets, including health and beauty, sports nutrition, and luxury fashion. Moulding has also led the company through several successful funding rounds, including a £4.5bn IPO in September 2020, which valued the company at £5.4bn.In addition to his work at THG, Moulding has been involved in several philanthropic initiatives, including donating £100m to support the Manchester Royal Infirmary hospital during the COVID-19 pandemic. He has also established the Moulding Foundation, which supports various charitable causes.Despite his success, Moulding has faced criticism over his leadership style, including allegations of workplace bullying and claims that he has created a culture of fear and intimidation at THG. In response to these allegations, Moulding has stated that the company has a zero-tolerance policy towards harassment and that any claims of bullying are taken seriously and investigated thoroughly.In conclusion, Mathew Moulding is a successful British businessman who has built one of Europe's largest e-commerce companies from scratch. While he has faced criticism over his leadership style, his achievements and philanthropic initiatives are undeniable. It will be interesting to see what the future holds for Moulding and the Hut Group.
I was only passing on news that I read.
Have a good day!
Proactive investors stating THG CFO off to On The Beach in June.
https://www.proactiveinvestors.co.uk/LON:OTB/On-the-Beach-Group/
enjoy your alcohol. life is short so enjoy it while you can :)
Forgive me for being a cynic but we have had 4 profit warnings so what happens if the results are poor? Anyone thought of that?
The drop in this mornings SP shows the City Spy is a fraud. He/she/him/her/none of the above is full of cr*p
Hi all,
I sold out at 29p with a profit but missed the last week. Rather annoying (to say the least) however that's the way it goes. Made a few quid elsewhere though.
Just wanted to say well done to the holders over the last few weeks. Hope you all made a few quid.
Just remember the SP was 79.5p in November 2022. We need to break that before a breakout is confirmed IMO.
Have you got a link please?
Drinking my Protein shake whilst chilling out watching the price action and awaiting news. Happy Friday!