Thg Share Discussion Threads

[slinkyj] 17/11/2021 15:46

Changes everything, hold on and whoosh 350

[mcmather] 17/11/2021 15:45

13 Oct 2021: "After the event, the primary sustainability question was whether institutional investors could sustain confidence in the group’s plans.

“Ingenuity is critical in many ways, but feels increasingly nascent, opaque and lacking sufficient proof points to justify a significant valuation,” Numis analyst Simon Bowler said in a note.

Decisively, Bowler moved the broker’s rating down to ‘reduce’ and set a 230p price target some 15% beneath Wednesday’s freshly downtrodden market price of 273p."

[bad robot] 17/11/2021 15:45

I am adding on the way up.

BR
IN BR WE TRUST
RED MERCURY CREW

[senseibull] 17/11/2021 15:44

Omfg i can't believe that news

[slinkyj] 17/11/2021 15:44

350 in a shot, I've added

[mcmather] 17/11/2021 15:44

Buckle up!

[bad robot] 17/11/2021 15:42

Investment bank Numis reports itself to watchdog after retracting memo about THG 'irregularities'
Numis has apologised and reported itself to the Financial Conduct Authority after suggesting that there were "irregularities in accounting" at THG, which it helped to float last year, Sky News learns.


Numis, the London-listed investment bank, has been plunged into turmoil after retracting allegations about "irregularities in accounting" at the online beauty and nutrition retailer THG - a company it helped to float on the London Stock Exchange just over a year ago.

Sky News has learnt that Numis has reported itself to the City regulator after an employee circulated a bearish note to institutional clients last week accusing THG of "a lack of clarity" and casting doubt on the value of Ingenuity, one of the company's three main divisions.

City sources who have seen the memo said it recommended that hundreds of clients reduce their holdings in THG and suggested that its shares were worth 21% less than they were trading at at the time of the note - despite Numis's own research analyst suggesting that there was significant upside potential for the stock.

Matthew Moulding THG GROUP
The Hut Group
PIC: THG
Image:
THG is led by Matthew Moulding Pic: THG
The original private note from Numis was circulated on 11 November.

Within 24 hours, a follow-up was sent out alluding to "misrepresentations of some of the commentary made by the team" in relation to companies including, but not restricted to, THG.

The amended version removed the reference to "irregularities in accounting" - for which people close to both companies say there is no evidence - and modified its suggestion relating to the potential trajectory of THG shares.

On 15 November, a further note was sent to Numis clients apologising for "some inaccuracies, which we attempted to clarify in a revised email to this same distribution group on 12 November at 12.37pm".

[mcmather] 17/11/2021 15:41

Investment bank Numis reports itself to watchdog after retracting memo about THG 'irregularities'...

Sky News has learnt that Numis has reported itself to the City regulator after an employee circulated a bearish note to institutional clients last week accusing THG of "a lack of clarity" and casting doubt on the value of Ingenuity, one of the company's three main divisions.

[bad robot] 17/11/2021 15:40

Hope Mister McMather

I think it's time gamblers put their necks on the Railtrack for a do or die.

BR
IN BR WE TRUST
RED MERCURY CREW

[senseibull] 17/11/2021 15:39

Space_bob called it in advance 175p

[bigballsbob1] 17/11/2021 15:39

Well then...

[mcmather] 17/11/2021 15:39

Finish >200p?

[bad robot] 17/11/2021 15:38

I have not seen this DOG rise 8p that quick for a long time. How long can you beat the dog before it starts barking then biting?

BR
IN BR WE TRUST
RED MERCURY CREW

[bad robot] 17/11/2021 15:34

Going up boys

The buy buy buy switch has been activated.

BR
IN BR WE TRUST
RED MERCURY CREW

[g2theary] 17/11/2021 15:32

Keeping face ;) ... I'm here for a while not balls deep from 240p :)) advice is a little lower thanks to ABDX ... but you guys want a good Christmas ... BIDS ;) ask BR ?

[bad robot] 17/11/2021 15:32

Time to pile in?

BR
IN BR WE TRUST
RED MERCURY CREW

[slinkyj] 17/11/2021 15:31

Reversal in a big way due

[senseibull] 17/11/2021 15:30

Tbf thats the most violent retrace seen in weeks here, lets hope that was it and not a fat finger

[bad robot] 17/11/2021 15:29

I think BOT could be reversing.

BR
IN BR WE TRUST
RED MERCURY CREW

[senseibull] 17/11/2021 15:29

Bottom is in

[a_game] 17/11/2021 15:28

Loving this fall & negativity. Loading a little more most days. Very attractive valuation now! Buy and come back in a few months ;) you'll never have made easier dosh

[chesty1] 17/11/2021 15:27

bigballs get your money into something trending in the right direction like CYAN bud!

Easy money!