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Shorters are burning with this rate they cant keep forever, As day after day they must pay interest for borrowing shares so longer they hold position the more they lose thier capital. That is greate as we are long holder love to see slowly burning shorters. .
They cant close now as soon as they close it share will shop up then it will kich in more . They only can buy very small amount and that will take months to close. plus interests daily will make they fell how short is .
We dont care about 7 shorters right or wrong but we care about share will up as good progress on and end of this mess now. Things are improved and more info available so more confident in this share will up to its jobs. Shorters like all of us want to make money and sometime can lost sometime can win , not all the time they correct so dont bring shorters buy or sell to value it worth to buy or worthless to sell.
At least we see new billionaires will stir whole BOD to do something else . He have powers to make thing moving other direction and he got experience to do that with many small banks. Basic he will be commander of new Metro and we hope strong cutting cost and great mortgage offer will return more next year results.
This March results will great as they make the first profit year so hopefully share will rerate as on half year report so they make a great moving from lost making to profit 16 million.
New more customers. Reduced cost based. Reduced open hours. Cutting cost 50 millions from this year and more aggressive than normal mortgage offer will return for share holders.
On the interview CEO said they need around 450 millions to support company . That amount too big for share issues so only option sell none core assets and that make great choise. Yes it will take time and make a deal with bond holder to make it happen and that will drive bond price up so win win for both . Only shortrs will burn to death.
Cash position at 30 September 2023 was £0.5 million
How long £0.5 million will keep light on and when do they place new share for support running business? It look very close to drop a RNS about new share place soon .
What price will they issue if there will be one?
When monster Marshall Wace LLP increases thier short mean one thing . Keep it down as they love to destroy share value . Who is right of share lost its value over time? If CEO blames for shorters and City but infact share will bring value when it delivered what investor getting back what they hope for. Nothing for this share bring anything over 4 years . Constantly lost making and lost billions .
There are no bad press. No PUD posts at all but share down for what? As they go nothing to blame so CEO didn't post anything .
CEO keeps very quiet then it mean one thing . Normal he will respond over very quickly if some very bad new again THG but this time he post nothing. Is thus good sign or bad as CEO know the best info how heath of THG .
Last time there is bid turn down as THG dont
Want tolse it controls and only want money from bidder. The bidder are not children and they know how to keep theirs money work for them not give away for they control it.
How can a company go bust if they have secured over 8 billions contacts worth? Babks and all other institutions will come to them and make a deal and then that is all we like. Shorters will sitting on fire then cant get out with huge lose.
Every company have different situations so it cant apply the same principal to all of them . Yes PFC need cash but not in crazy situations and they don't need it tomorrow so they will find something more useful to find source of cash in favor for them . That is again bet from shorters point of view as they guess PFC will issue new share to market.
Hang on like this make PI happy as the way they kill shroters slowly that is good.
They have issues 500 millions shares so at any time you can buy a lot and it will take some time for cleaning all that shares. That is why day after day more sell than buy but share price not drop as it hold thar value.
We dont buy share because some posts in here . If someone buy share base on this forum and he/she lose money that is his/her decision .
Last time THG share have been shorted down to 30 and within 1 month share come back 98 p . If you just bought this share at 25 p hold jt so it can come back 60p simple that is the way we make money.
The picture in here is over 11 % shares need to buy back not as normal as other share when they shorted they think PFC will dilution with news share issues as MTRO did . This company is different position and they dont need cash as agency as MTRO then why on earth they need issues new share ? That situation shorterd dont account for and now they are suck with huge lose as soon as buy to close share will rockert and PFC dont need all that money in this month . Letting shorters are dying everyday to pay interest that is great revenge for what they did to company.
Chart only use history data so if incase there is rns pop up so there is no way charts can predict which way it will go . Good RNS it go up 50% and bad RNS down 70% so that is not the way share trade as they can give definitive correct answer on everyday.
Sometime new from market will drive down or up depending on what news is so charting share cant tell you the same.
Shorters keep quiet today so share on hold this level . Yes we all know that PFC in fund situation need to deal with solutions soon . Whatever it outcome company will go foward as they got over 8 billions back log to deal with. Banks will Happ to help them to extension any kind of debt as bank need customers to. Yes they event can sell thier none core assets and that is favor at moment if they can sell quickly.
If that is out come shorters will burn alive as all of their capital will gone . We hope that will destroys thier live as they did destroy a good company with over 8000 peoples working for living .
It is funny now as hangovers when shorters cant bring it down and hold it . Its time is running out very soon when PFC public a RNS about fund . Shorters cant run away when 11.44% need to buy back as they need to pay interest for shares they borrowed everyday.
As soon as they close then share will shot up very quick they cant do it and that is good
. It will cost them more monet to maintain shares borrowed and one day it will over.