Member Info for Trenners

Jtan: only screwed if we sell or the company goes bust. I can't see either of those things happening!

So - is British Airways a penny share? Of course not! So I'm adding and adding and adding at these levels. I might need to wait a month or two for things to settle down but, in calmer times, BA is a £2.50 share and, even with extreme turbulence, we are going to see £1.50+ again within a few months and possibly within a few weeks.

I know many are waiting for sub £1 - which is probably important if you are looking to scalp a few pennies in a day trade swing - but if you are accumulating for the future ... A penny here or there makes very little difference.

GLA

Trenners

I totally agree with NoFear and (by implication) totally disagree with Aim.

The fact that John has taken time out to do a pretty positive piece for MOS is good. For MOS then to give the piece a whole page is even better!

OK there wasn't any new information for those of us who follow CPI closely ..... But at least it seriously raises the profile of a business that a) has now been turned around and b) is off the radar of many investors.

After that positive piece of journalism I would be astounded if we didn't see a solid rise in the share price this week

Getting and holding above 30p has never, historically, been a problem and once we are back in the FTSE350 then II are going to be forced to buy ....which will push this higher again.

For me - the main barrier to overcome is around 50p/52p and we have failed to get passed this on numerous occasions recently and we will need solid evidence of serious debt reduction / major new contracts to ultimately achieve this break through.

But 25p back to 50p should be relatively straightforward with positive PR and II buying and momentum (and that's just what the MOS article starts to establish).

And, as a final thought, CPI has traded as over 50p during each of the last few years. It was £1.70 pre-pandemic in 2020, much higher pre-2020 and it hit 55p in September 2021 .....

So I'm pretty sure we will see 50p again this year ..... And that's when I, personally, need to decide whether to stick or twist again (I'm probably going to sell half at 50p actually).

Trenners

All publicity is good publicity! PR has never been a strong suit for Capita.

I'm thrilled we got a full page spread in the MOS and I'm very optimistic that will carry through to a rally in the share price this week (as people buy/add CPI tomorrow on the back of that article).

Now that John Lewis has spoken I'm hoping that CPI will start to appear on the radar of more investors.

Fingers crossed for a big uptick in share price this week which will then lead to our readmission into the FTSE 350.

If we are going to get to 97p within the next year or two then we need to move out of the 20s and back into FTSE 350 asap.

My advice would be to 'buy back' those traded shares asap on Monday morning before the share price takes off.

A few weeks ago I sold out of Melrose (MRO) only to then see a couple of RNSs over the Jubilee Bank Holiday - I made the error of not buying back in (early on the following Monday morning) and then stood buy and watched the share rise over 20% without me!

Absolutely gutting and there is strong chance the same could happen here now.

Trenners

SP28: I take what THG employees say on social media re: how the business is performing with a pinch of salt now.

I recall - in January - we heard how THG had smashed all Black Friday targets (based on a LinkedIn report or two that was subsequently removed) and we all held onto our shares awaiting the mid January update (expecting the shares to explode). Many of us - including me - added more shares of the 18th January update.

And we all know what happened next ..... Update was presented and shares absolutely cratered ....

THG Ingenuity may well be performing well ....but it's not a reason to buy IMO.

Trenners

... so what am I missing?

Recession or no recession - people aren't going to stop wanting to travel now they are free from the pandemic.

I know it's chaos at the airports but, on the whole, that's not the airlines fault.

Air fares are rapidly rising and flights are full..... So profits must be rising.

No way is IAG a penny share (although it's showing every sign of becoming one by the of the week).

I've been adding a few IAG and EZJ, daily, as I use a platform where it is free to buy / sell.

I know we are in a downtrend but surely this is oversold and is a massive opportunity or have I missed something?

Trenners

Emerald: days of cheap air travel are long gone. The flight I took to Tenerife in June 2022 has gone up 40% for June 2023 and that's the cheapest flight available for June 2023.

With such high demand and fuel costs - seat prices are going to surge upwards moving forwards.

Another reason why I'm quietly adding IAG and EZJ to my portfolio on a weekly basis.

Trenners

Or happy for MM to take it back private at anything over £3.

Also happy to just sit and wait for the business to continue to deliver against plan (as that will give us PIs the highest rewards).

I am really optimistic for the future of Ingenuity as the CEO they hired, earlier this month, is absolutely TOP DRAWER.

He heralds from Sales Force - a mega successful CRM / Sales Force automation solution where he helped to build a really successful business.

If he's as successful at Ingenuity as he was at Sales Force then we will 'all be millionaires Rodney'.

Lots of hype is sometimes spoken on this board but Ingenuity and it's associated cloud / marketing / web hosting services is absolutely the Crown Jewels.

@Rock8 - I disagree. Facebook / Meta / whatever they call themselves these days would be less of a company with Zuckerberg, the same as Microsoft was without Gates and Apple without Jobs.

The THG story/ success (to date) has been created by the entrepreneurial drive and vision of MM.

Yes - I agree he has a habit of putting his foot in his mouth when dealing with the city / the press and it's not a good look when your mother has to stand up for you .... But THG would be a lesser company without MM.

So, for me, long may MM remain so that he can execute on the delivery of his company vision and, therefore, delivery in shareholder value to all of us.

Trenners

The thing that makes THG so valuable is the whole Direct 2 Consumer piece (known as Ingenuity).

When the internet came to the fore - in the mid 1990s - one of the key impacts it was supposed to have on e-commerce was the disintermediation of the sales process.

In other words - the business interacted directly with its customers without needing to deal with anyone in the middle.

Then - along come Amazon and created a shop between business and consumer. And along came Rightmove to sit between estate agents and sellers etc etc

That wasn't the way it was supposed to work and it isn't the way, moving forward, it will work.

One of the earliest examples of D2C was, back in 1996 or so, Levi Strauss was making custom jeans, to order, for their consumers. You could logon to their web site, enter your vital statistics and - 2 days later - a pair of custom made jeans arrived at your front door.

If you think about this - Levi's didn't need to produce lots of pairs of jeans in loads of different sizes, pay to ship them to a warehouse / Amazon where they sat waiting for someone to buy them and they didn't have to pay a commission to Amazon for sales etc AND they knew who their customer actually was (and their vital statistics) so they could market new offers to them in the future.

That's the value of Ingenuity - enabling businesses to be able to do that / outsource that to THG and hiring the guy from SalesForce to rub Ingenuity is a master stroke.

So .... D2C is the future of that I am resolute ....

How do I know (or think I know) all this stuff - I used to work for IBM in the 1990s and I spent a lot of my time telling the world (mainly IBM customers and staff) how the internet would change everything about e-commerce.

So .... That's why I ended up buying over 57,500 THG shares at an average a lot higher than where we are now.

But I do have immense faith I've made a sensible investment.

GLA

Trenners

... having your teeth extracted by a private dentist ...

Very painful and frighteningly expensive??

I agree that it's odd that the chairman hasn't bought any stock ..... And, imo, you've got to conclude (under stock market rules) he's currently not allowed to buy any stock.

This - of course - could mean anything ... But I'm sure it means something

I think, on balance, I would rather he didn't buy any stock at the moment (as that would indicate something sensitive was going on behind the scenes) rather than him come out and buy a few thousand shares .

All in my opinion - but I think the clues are there and I'm certain the reason he hasn't bought is NOT because he hasn't faith in the company (because if that was true he wouldn't have taken the chairmanship).

Trenners

If I had a £1 for everytime I had read that statement on the THG forum - I wouldn't need to risk my children's inheritance by buying THG shares.

Those that have read my posts will know that I've been long, and long underwater, on this since November 2021 - ironically the day BEFORE BlackRock unloaded at £1.95.

This share never fails to disappoint.

I agree that one day this share will explode upwards .... I just hope I live long enough to see it!

As I've maintained throughout (including during the 4 weeks where we might have been under offer) ....CAUTION is the watch word here!

It doesn't matter what price it is on Friday - unless you were planning on selling on that day!

What goes down quickly usually goes up quickly too and this share is certainly one that should NOT be watched every minute (unless you are masochistic).

All will come good here in the end - far too many very smart people and very big II investors have sunk large quantities of cash into this over the last few months / years.

Business looks healthy, D2C is DEFINITELY the future (but the city doesn't see this YET) and MM - for all his many faults - is a proven entrepreneur and worthy of backing IMHO.

PS: I'm not his mum :)

Trenners

Peterobert: It's probably to be cautious here (as this isn't as blue chip as RR or MRO - both of which I know you love) and I - against all my instincts - topped up (by selling £10ks worth of BT) today.

Of course - having done that - BT held steady and this dropped another 10 % below my purchase price. So 10% down on today's purchase without even trying!

Moving forward - I think we all agree this business is worth a lot more than the current share price but it could well be a long wait before we see £1.60 again (unless another bid comes along).

I've got too many THG shares now (like a lot of people of here) but my short term THG trades have now turned into a strategic long term THG investment!

Trenners

Well - now that we almost touched the 12 month low this afternoon - I'm hopeful the only way is up ....

How far up us debatable and, short term, I fear a dead cat bounce.

Longer term - no worries - fill your boots at these levels and you will be handsomely rewarded.

Trenners

Well I've reluctantly added again today too as I can't see a 20% fall is justified on the news that we know.

Not many shares available in the market though and I had to buy my £10,000 top up in 2 X £5000 tranches and had to pay top listed price.

I would have thought we will see £1 sooner rather than later then, after that, anyone's guess!

GLA LTHs (who were short term holders at £2 but now are having to keep averaging down to keep pace with the declining share price)

I gave up chasing this share months ago .... I'm an exhausted buyer and an exhausted seller .... Sat on my hands waiting for someone / anyone to come along and buy this company to allow me an exit strategy.

Did someone say Flim Flam.... I don't think that even begins to cover the frustration and disappointment felt by LTHs here

Fingers crossed for a bid in the next few days!

I've added today as well - bringing my holding to exactly 300,000 shares.

Looking very bullish again now and I don't think we will be waiting long for that magic 30p again!

GLA

Trenners