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let's see how it turns out. I personally doubt the bid will be higher than the previous one

it's more likely that MM takes it private at these SP levels. You can't even be mad at him for doing so...

So for me it means to average down (169p currently) as much down as possible to get out of it without a loss or with a small profit at best

Been an investor from the very beginning, averaged down from 500+p down to 169p so far.
I was hoping to get more time to average down even further

@Canary

i never said anything about selling the share because of Matalan...
i am referring to @SP28 post that Matalan is a substantial win for THG Ingenuity - a substantial win that might be not be able to cover operating costs next year

@boom

yes boom, thats absolutely correct. As i said, don't put your bets on THG Ingenuity just because of Matalan

@Canary
he might be confident (or thats what he says in a interview at least) but the risk of not able to refinance is there, despite what he is saying. Otherwise they wouldn't have mentioned it in their FY report

@boom
i know too little about Matalan, also i think you won't find shorts for it

I just wanted to say that you shouldn't bet on THG Ingenuity just because they won Matalan as a client - a client who itself acknowledged it may not be able to continue operating if it is unable to finance a significant chunk of its debts by January, despite a recovery in trading.

@Boom
we are not talking about THG
we are talking about Matalan, a THG Ingenuity client referring to @SP28 posts that Matalan is a substantial (almost bankrupt) win for THG Ingenuity

Thank you Goldy!!

MATALAN
a revenue rise of 30% compared to same quarter the previous year doesn't change the fact that this company is under water.

UK-based retailer Matalan reveals in its FY22 financial statement that its ability to "continue as a going concern is dependent upon the successful refinancing of its existing secured loan facilities before their maturity in January 2023"

The company itself say that they might not be able to finance operating costs if they can't find ways to refinance existing loans

Matalan...

"Matalan warns refinancing is key to survival "
https://www.ft.com/content/a39c0f2d-8467-4f30-9618-94ce5cbcfdd5

keeping the SP cheap, so MM friends can take it private for cheap :)

I'm not saying anything, just quoted 8.3 and 8.5 of the takeover code and try to understand whats behind all of this

https://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdf

so Bank of America Merrill, LynchCitigroup, Global Markets Limited, Morgan Stanley & Co. Int'l plc, Jefferies International Limited had to make an open position disclosure because they are exempt principal trader and connected with the offeror (8.5 takeover code).

Anyone knows how these four are connected with the offeror?

and
GIC Private Limited
Jupiter Fund Management Plc

had to make a disclosure because they are interested in buying 1% or more of THG (8.3 takeover code)

soBank of America Merrill LynchCitigroup Global Markets LimitedMorgan Stanley & Co. Int'l plcJefferies International Limited had to make an open position disclosure because they are exempt principal trader and connected with the offeror (8.5 takeover code). Anyone knows how these four are connected with the offeror?and GIC Private LimitedJupiter Fund Management Plchad to make a disclosure because they are interested in buying 1% or more of THG (8.3 takeover code)

@2phevs
yeah, true. sorry.
I'm just kinda annoyed by all this "fangirling".
People on this board seem seeing everything through rose-colored glasses

no, "partnership" is just a marketing phrase

@SP28
none company would have released RNS because of this.
Have you read this article? StoryStream has a new customer-->THG

That's why StoryStream made an announcement and not THG

i am also invested here (check my old posts) and i'm LONG

but you guys clearly don't work in the finance field

any word would be too much.

gosh, any critics = negative troll

how much own brands contribute to your revenue should be mentioned in your trading update / annual report, don't you think??

you are true idiots.