Member Info for triumph1

Update: Degiro has acknowledged the error and has removed the dividend withholding tax from the account. I was also half expecting some convoluted EU explanation as they are based in EU, but at the end of the day all UK shares carry zero dividend tax.

Anyone holding shares of shell in degiro, I would strongly reccomend you double check this as I doubt it wouldn't have been resolved if I didn't bring it up.

Haha quindell. Who here remembers that badboy. I suspect very few. To compare this to quindell is odd to say the least.

The drop must be down to the spat with some beauty suppliers like dermatologica not liking THGs sales methods I.e. discounting too much so restricting supply as theybsee themselves more high end. Hard to say what, if any affect this will have. Of course in the current environment any whiff of bad news will be magnified 100x.

Mcap rapidly approaching just twice net cash? Rev 2.2bn and growing around 25% yearly? You can't blame a company like klarna watching this with a valuation of 40bn and coming out with the comments they have re UK investor base. This has affected london markets big time....talk about biting the hand that feeds you. No tech/high growth will touch london with a barge pole after this.

Quick question for fellow shellers;

Has anyone experienced having the dividend for the new shares withheld for tax purposes from their broker. Unfortunately I hold a lot of shares in degiro and to my shock have had over a quarter of my dividend held as dividend tax.

This is clearly wrong as uk company withholding tax is zero, and have never had this before with the old B shares, and declare divis on self assesment where HMRC perform the relevant tax treatment.

Has anyone else experienced this with the new shel shares? Needless to say I sent a very stern email to degiro reminding them of UK dividend tax treatments.

Agree canetoad with throwing good money after bad if the company is bad, but if the issues are not company specific and caught in the crosshairs of macro events such as most UK growth stocks are, the biggest opportunities that can be had are buying companies such as this at their lows.

Asos fundamentally are solid. A very well run company with a slick operation and loyal customers.

Macro events change, the company fundamentals here remain the same. I smell massive opportunity which is why I am selling down some gold stocks that have done well recently and increasing here.

It worked with Shell and so called covid stocks like SGC, NEX, SHEL, MAB and many others. It will work here too.

At this price ingenuity is becoming more and more irrelevant. Ingenuity gave THG its high p/e IPO, but now looking at it in black and white, even if it doesn't exist THG is still dirt cheap as it hardly contributes to top line let alone bottom.

Beauty and brands like myprotein are the real money spinners here. Anyone thinking these brands will simply vanish are nutty. Was using myprotein throughout uni for its quality and price, and so were all the other gym rats.

It's a sit and wait until the market turns for all these battered high growth stocks, just as a lot of us did in 2020 when oil went sub zero and oilers like shell were sold down as if armageddon was upon us. It will turn, and anyone buying now will be rewarded.

Any evidence of your 360k shares yet pp1? You mention it several times a day so if they actually existed (they definitely dont) you wouldn't mind sharing.

Until then, refer to me as Vladimir putin.

Nice jump today off the back of a buyer. Most likely short closing but could be a fund increasing. I would prefer the latter.

Yup. Different story if this floated in the US. The valuations some carry over there are mentalist. $600mn rev growing about the same rate as thg can carry near $40bn mcap. I'm looking at you cloudflare.

Only here for Tim's legendary trading updates.

In all seriousness, spoons is strong and will be the fastest to recover. Their offering is too good and have an army of loyal devotees. Increasing inflation only makes their proposition better

War portfolio fully operational with Lockheed, my old employer Northop and of course good ol barrick gold.

Any weakness here should be very short lived should it dive due to war. Sub 270 is a very nice start for a first tranch however, spreading downward risk.

Yup. Including extracting the stuff, north sea is at the lower end of carbon footprint compared to other fields we currently get half our gas from.

Alas, recent goings on with Russia should act as a wake up call and there are already talks about deregulating the industry. If Russia invade Europe, government almost certainly have to act out of pure necessity as millions would be thrown into energy poverty.

Puppet master carries pet project in land cuckoo is about to come crashing back down to reality with a very hard Russian hammer.

Boohoo are at the mercy of higher forces at the moment. Its pointless talking about company fundamentals now as the SP is moving with macro events, I.e. inflation, freight prices ect. They are all moving together despite being completely different. When this happens then market is in a fluster and you know opportunities are aplenty.

For the next 6 months value will spike like oil companies, gold miners, banks and tech/ growth are going to be weighed down. The FED will stay behind the curve by sounds of it, not wanting to overshoot interest rates coming out of covid.

Next 6 months will remain difficult, but when (not if) inflation subsides and shipping costs normalise, these companies will rocket just like they do at the start of every cycle. The inflection point is difficult to determine, but will be around the time inflation starts to subside q on q. All will survive, none will need to dilute so there is no reason why this cannot return to 300+ medium term, just like shell returned to 2000+ when 18 months prior it was 800p and fools were talking of its demise.

Things always over and under shoot. A mean reversion will see this double your money at the very very least.for those with 12 months.

THG dives if the wind changes direction such is the sentiment here.

Purely a waiting game now

You think every stock but primark is gambling kallu you troll, when in fact you havent even managed to outperform the ftse100 in the past 10 years....quite a hard feat. If I got a dart and threw it at a wall with every company in the US, 95% chance you would have outperformed ftse100.

Why do you say it in such a derogatory way. Yes, in a way we are all gambling here. What's the alternative and what's your point? Letting the rats nibble away at our cash in bank vaults? Investing in ABF? Lol. I guess you can't really relate as you have no money to 'gamble'.

I'll stick to my gameplan which has a proven track record of massive profits (check post history) and you stick with...er...ABF haha. BOO, ASOS will be no exception and will pay out well.

All of course are part of a well diversified PF of value companies such as barc, lgen, shell, azn and US stocks such as sbucks, amzn, ect...

I'm gonna get my crystal ball out and predict what's in the upcoming RNS....

"Excellent potential for acquiring new clients. Made new relationships with several vendors and extended talks with existing relationships which has the potential to lead to material contracts. Significantly extended our pipeline of potential clients which have expressed interest in our fantastic offering.

In order to take full advantage of this wonderful opportunity, we are placing new shares to fully capture the fantastic opportunity afforded to us by several new contacts acquired over the period that could lead to significant future growth".

So MDZ, do I get the job? PM for a quote.....

It's a matter of when, not if. Too much good oozing from this company to not have a serious rerate on the cards.

I said it before, I'll say it again. The best 10 bagger potential on aim. I'm not selling a bean. Just a matter of patience now, and very happy with my position here.

Any surplus cash goes straight in here when not trading. The perfect inflation hedge.

Would love an opportunity to buy lower. Here's hoping.

"No Monday rns = no substance to rumours"

Please show us all where exactly in the takeover code where it suggests that companies must report on rumours and speculation to confirm or deny whether they are true?

Nope, thought not. The media didn't pick it up in more detail because they couldn't. Something to do with strict confidentiality due to insider info perhaps?

Expect the SP to be very flary over the next couple of weeks where bigger pundits take positions.

MM has huge beef with shorts, and it has got very personal with him given his outbursts.

Nowhere in the rules does it say the company have to release a statement regarding confirmation or denial of takeover speculation and rumours. Only when an offer is made, the company has to report. By then, it will be all over for the shorts.

Think about it, why would MM give shorts advance warning of their doom by confirming speculation. He will only release news when an offer is made, and will not comment on speculation. It would be the ultimate revenge.

If I were short, I would be very worried right now. They need to watch their back, MM has a lot of clout, a huge grudge and an ego to repair! It's what I would do.

As predicted, lefties and environmentalists crying over large profits made by oil companies, wanting companies to be taxed more.

Ironic really, its the exact same people now crying over energy bills and blaming big oil that got us into this mess by restricting uk exploration and north sea production leaving us at the mercy of states like russia. Where we get our gas and oil from is zero sum in terms of impact to environment; I.e. what does it matter if it comes from north sea or Russia, the environmental impact is exactly the same if our demand isn't decreasing. Moving the problem away to another part of the world is their solution to everything. Its just a bunch of "not in my back yard" hypocrites that now cry foul when oilers make money and attempt to blame us for cost of living crisis.

Given the slightest bit of context in terms of what shareholders have been through in the last 2 years, we deserve every penny coming to us. We take the risks, now we reap the reward of higher oil and gas prices. If the UK really want to solve the problem, open the taps up in the north sea and relax regs around exploration in UK. Hit two birds with one stone; national energy independence and low energy costs whilst having a net zero effect on global environment.

Takeover fever in the ridiculously undervalued and savagely attacked uk growth sector. Sounds like a contagion that could catch on quite fast.