Member Info for Trenners

It's at this price because it's clear that we still have a big background seller / sellers.

Very unusual share price movements early today (before the seller took control again) shows that once the seller has gone - we should rise!

I wouldn't read too much into the high volume of shares traded last Friday as it was triple witching and volumes are always higher on those days.

No reason why this should be under 30p - just a question of waiting - although I suspect demotion from the FTSE 250 must be partly responsible for the background sellers.

I'm not tempted to add anymore at these levels .... But I'm not tempted to sell either. This will return to above 30p as quickly as it fell imho.

Gla

Trenners

I honestly don't think this is a share you can get too attached to (and decide to go 'all in) as many, including myself, have been caught out as we believed it couldn't fall below £1.65, then £1.50, then £1 and I think we might even have touched almost 75p.

On the face of it - we have a share that IPO'd at £6ish and now appears friendless at 85p ... But I think that only tells half the story.

The fact is that the founder Matt Moulding is hated by the city. The share price plummeted because of city concerns on corporate governance, golden shares, lack of chairman, lack of transparency and ... Most importantly ... Lack of profit!

Since September / October 2021, as the share price started to crater, Matt nor the board have done anything to address any of those issues .... Which is why we find ourselves friendless at 85p.

I've been averaging down but still myself marooned at £1.80 a share which, not very long ago, would be viewed as an amazing average.

Now - £1.80 looks as sick as a parrot and even if this gets taken out by PE (which is a vain hope) .... I'm going to be very lucky to see all my money back.

So, in summary, not a share for either widows or orphans and certainly not a share to go 'all in' on ...... As demonstrated by the very long line of investors (including me) who would be much wealthier if I had never heard of The Hut Group!

Gla

Trenners

CapitalistPig - yes of course - be patient - great advice of course and patient I will need to be!

Frustrating that the fruit machine (known as Capita on results day) didn't payout today but this share will be back to 50p in due course (probably not before the war is over and possibly not until August mid term results) .....)

In the meanwhile it's a solid hold and I'm convinced it will come good again (like it has always done in the past)

Well I thought the results were good and was pleased to see the share price 'off and running' during the first hour or so.

In the past ... When the share price has woken up ....it usually climbs for quite a few days ..... But not today and my top up at 23.6p looks positively sick now!

Anyone else get spiked early doors?

GLA

Good results - 1p dividend - really well run company - share price down below £1.40

What's not to like! Wouldn't surprise me to see this back in the £1.50s / £1.60s within weeks and, if Putin gets toppled or gives up, might see £1.70 / £1.80.

I sold some BT this morning to add here - and I couldn't be more bullish about BT - but I'm super bullish here and predict MRO will outperform BT in the coming weeks (although volatility will be higher I guess)

Any LTH have a feeling on what we can expect?

Good / Bad / Indifferent? What about prospects for a final dividend?

Thoughts

I wonder how much of this downward pressure is being caused by our imminent exit from the FTSE 250 and whether the trend will change when FTSE 350 trackers start buying?

Can't believe we are down to these levels ......I remember the fat share tipster (who looks like a slug) saying that CPI were a bargain at 40p and fill your boots!

And here we are now! Another down day by the look of it!

I think the turn around of CPI is broadly on track but this share just seems to drift between news cycles and then dramatically rises for a few days or dramatically falls.

If this is broadly on track then I would expect to revisit 50p after results on 17th March.

If it's not on track then it may well decline but, surely, at 29p a share post Covid vaccines - the market is pricing this to go bust?

I can't see it going bust so I continue to add at these bargain levels

Not only is the roof caving in - but the wheels have fallen off the bus too!

Always looks darkest before dawn .... Just wish the sun would start rising!

I think there are a lot of exhausted buyers around (like me) and we can't stop this falling. Only thing that can stabilise this is NEWS.

Either PE news, or II buying news, or director buying news (although someone suggested we are in the closed period) ....

In the absence of news we will soon be a penny stock! And I was only saying, a few days ago, I didn't expect to see a £1 as I hadn't expected to see £1.50.

Ha, PI can't stop this decline .... No matter how many we buy ....

It is heartening, though, that II aren't selling and they are currently sitting on bigger paper losses then most of us!

Bring on the dawn!

Easily one of the most profitable shares I have ever owned although you either need extreme patience or (like me) only buy and sell either side of the results dates

It tends to drift through lack of news (IR and PR are hopeless at CPI) which is why so many LTHs get frustrated.

But the fact is that the turn around is beginning to deliver and the share is at levels last seen pre Covid vaccines!

The broker ratings are good and I think, with results due in about 2 weeks, we should see some upwards movement here soon.

I've been adding over the last few weeks and have now amassed over 155,000 shares again and I am expecting to see 50p within a week or two of positive results.

30p support had held well (famous last words) and I'd be surprised if it fell much further from here. Certainly the potential upside is much better than the downside.

I bought 125,000 of these during the summer of 2021 and pocketed a tidy profit by selling up after half year results in August.

I'm expecting to do the same again shortly.

DYOR but nothing much to fear here ... That's my opinion

I agree with Know0 and I think the results next month will see this heading towards again .....although I'm pretty sure 50p will act as a huge barrier and I can't see, right now, what's going to get us over that price?

Maybe an announcement of a future dividend?

I'm still holding my THG shares but not holding my breath!

This is now very range bound and, unbelievably, still being played by the MM .....they march it up to £1.36 then march it back to £1.30 .....

Can't see this changing until we hear news .... And it might be weeks before we hear news .... So not adding or selling right now.

What's everyone else doing (ie those who were adamant that an RNS at 0700 would be published ??)

I'm expecting good news. The August 2021 half year update was really well received and we saw the share storm forward from about 35p to 50p in a matter of days!

The Xmas update was expected to be good too but I think some were disappointed that debt hadn't been reduced as much as expected / hoped for.

On the whole though - I thought the December update was OK - but the market disagreed and the share quickly dropped from about 47p to 37p in a matter of days.

So - as I said - it's pretty volatile when it wants to be.

The hope for the March results is that debt is reduced and that profitability is on the rise - if those things are reported then I would expect a quick rise to 50p and possibly beyond.

I've been accumulating at this price and now hold nearly 80,000 shares for the next leg up!

Of course - if the results really disappoint we might see the 20s again but overall I'm pretty bullish at these sort of levels

I wouldn't cut your losses here .... A little patience is the key.

Results due early March should, hopefully, confirm the turn around plan is still going well and then we should see a move (very quickly) back to around 50p.

In the past this share has stalled at 50p and then retreated (and it's possible that might happen again) ..... but at some point it's got to head back towards 70p (like a lot of us were hoping before the Xmas update was poorly received).

So, my advice, sit tight - wait for the results - sell at 50p (or even higher).

Although Capita is a slow, plodding, business - the CPI share is anything buy plodding. When she wakes up she storms forwards (or backwards) very quickly.

I'm holding about 80,000 shares waiting for 50p

Good luck

You really are deluded.

I've never bashed THG and have only ever honestly pointed out that this share is being heavily played!

For information - I've got just under 30,000 shares having made my first purchase back at the start of November - ironically on the day that GS offloaded 5% of the company at a discounted price.

I wish I had been shorting THG since November 1st (when it closed at £2.17 before the GS dump) - as I would be substantially richer than I am at this current point in time.

I wasn't bashing this share - but I think everyone is getting a tad overexcited by an uncooked rumour .... And we have had these uncooked rumours before!

Chill

Yes - to be fair to TheCitySpy on Twitter - he was saying that something was afoot at THG and when I pressed him for more information (as I accused him of trying to pump the share price) - he did say that he had heard acquisitions were going to happen ....

I had assumed that THG would be acquiring other businesses - but maybe other businesses are showing some interest in acquiring some parts of THG.

All to play for next week - don't hold your breath!

So another weekend where Betaville make an uncooked announcement, late on a Friday, and then everyone gets excited over the weekend, then nothing happens on the Monday and the share price falls back again!

I, like everyone else here, am sitting on paper losses and would love to get my money back (plus more) by a PE sale - but I just don't think it's that simple!

Too many games played by too many people with this share.

It's as likely to be back at £1ish on Monday as it is to skyrocket.

So I'm trying to not get excited and just sit back and watch what happens. I'm not holding my breath!

GLA

I don't agree with NoFears sentiment on THG (ie avoid this share) but I do agree about his comments on CPI.

CPI is a share that I track and invest in very closely and, low 30s is usually a good place to take a position and 50 is definitely the sell flag! Charts confirm this too.

I'm long (probably too long THG) but I've been buying CPI again over the last week or two and CPI finals due soon too. Interims last August caused share to rise from 35p to the magic 50p in days!

Just my thoughts .... Now come on THG and get back to £2!

This seems to be in a never ending downward spiral and news is the ONLY thing that's going to stabilise things here.

Maybe MM taking it private, maybe a new chairman being appointed, maybe MM giving up his golden share, maybe a new II or two, maybe the FCA agreeing that this company has been subjected to a short attack (as per MM accusations).

I've bought just a few at this level and I'm not planning to add anymore (however low we fall).

I once chased POG all the way down from £6 to 10p (how can you possibly lose money on a gold miner) ...and ended up losing my shirt.

I'm sure this is a good business and I don't think the city bankers understand Ingenuity ..... This may come good in the end ....or it may not!