Member Info for TrojanHorse

£7 to £1.9 in just over two months…I’m still trying to find a good reason.

I think with this stock at the moment it’s all just one big market maker game. If you can take anything from Matt Moulding’s interview with GQ it’s that he’s confident the company will beat their targets.

8% movement from a 5% gain to a 3% loss within day. Maybe Matt Moulding had a point

Why do the Times seem so anti THG, the GQ article comes out and their journalists seem to all gang up on Matt. Very strange, did he upset the news corp empire?

Don’t have a problem with this article, good to see his confidence in the company. Makes me wonder if I should have bought more in the past week. Keep smashing those targets THG

So they ran the book, bought 10m shares then sold them on at a Higher price?? If that’s correct then that’s an easy way to make money.

I still take heart from this in the IFR report on Tuesday.

During Monday's bookbuild, investors took the view that THG's shares are at the bottom. The ABB pricing reflects a valuation level that essentially offers Ingenuity for free.

More than 50% of the book went to long-only investors, with one large long-only investor leading the book. The deal was covered in 20 minutes having been wall-crossed earlier in the day.

Despite a sobering backdrop, the deal was multiple times covered at the final price, with long-only and wall-crossed accounts preferred for allocations.

Shares fell on Tuesday but remained above ABB pricing, closing down 9.2% at 197.4p.

During Monday's bookbuild, investors took the view that THG's shares are at the bottom. The ABB pricing reflects a valuation level that essentially offers Ingenuity for free.

More than 50% of the book went to long-only investors, with one large long-only investor leading the book. The deal was covered in 20 minutes having been wall-crossed earlier in the day.

Despite a sobering backdrop, the deal was multiple times covered at the final price, with long-only and wall-crossed accounts preferred for allocations.

Shares fell on Tuesday but remained above ABB pricing, closing down 9.2% at 197.4p.

Is it oversold yet!

This is a bit of a disaster stock at the moment- £6.80 to under £2 in appox. 35 working days with fairly good trading results in between.

This week's deals

Monday

THG (UK – E-commerce): Up to £120m secondary ABB, 55m (4.5%) with reference to 217.4p close. Goldman Sachs

From the parts of this story that are not behind a paywall it sounds like there are no listing rules to join the LSE which I don’t think is correct.

Sofia capital must see some value.

Being annihilated! Below even the price target the dong from N set now!

Can understand that, I don’t recall seeing a profit warning in the recent trading statement, only an uplift on revenue expectation.

Fear…

Too much concentration on the CEO, look at the results not one bloke. If this is 240 today then it should have been 240 yesterday. What’s it trading on.

20% on good/expected results, what a joke the market is.

https://finance.yahoo.com/news/ooooo-boohoo-launch-collaboration-uk-120000932.html

Also a smart move, I believe this recently made an agreement with TikTok.

https://www.retailgazette.co.uk/blog/2021/10/boohoo-to-open-a-standalone-debenhams-beauty-store-in-manchester/