Thg Share Discussion Threads

[mcmather] 18/11/2021 09:42

A RNS at 7am would have been interesting, but MM looks like he might make a decent chess player.

Mr Numis: “Hello Mr THG. We have now completed our review of matters and can see that we might have acted a little testily here following the IPO and, especially, when trying to follow Mr Gallemore’s explanation in the recent presentation of how revenue is distributed. What? No, no; we were certainly not put off by Mr Gallemore looking and sounding more like a Citeh fan called Bertie on a euro away trip telling you what he does and trying to hook you into various ‘free’ stuff. Not in the slightest. So we have recalibrated the numbers and now arrive at a much, much healthier target price of ‘XXXX’. Can we now put this deeply sinister – sorry, deeply embarrassing episode behind us and be bessie mates? Smashing.”

[pauliewonder] 18/11/2021 09:31

Expert View: THG, Experian, SSE, Watkin Jones and McColl's
By Michelle McGagh 17 Nov, 2021
Our daily roundup of analyst and fund manager commentary on shares.

BMO: Ignore the noise around THG
BMO UK High Income (BHI) fund manager Philip Webster believes concerns around THG (THG) are mostly ‘noise’ and says he remains ‘comfortable’ about the e-commerce platform’s prospects.

The manager used his £129m investment trust’s latest factsheet to address worries about THG, formerly known as The Hut Group, which saw its shares spiral after an unconvincing capital markets day last month. The shares, which were up 1% at 182p on Wednesday, have plummeted 77.5% in the year to date.

However, Webster said although ‘some of the accusations are valid, most of it is noise’.

The manager said: ‘I can always be wrong but as Warren Buffett famously said: “The stock market is a device for transferring money from the impatient to the patient”.

‘Quality businesses don’t get cheap that often and, when they do, it’s because there are issues. We need to work out whether these issues are structural or cyclical.’

He believes tech plays like THG are now ‘exceptionally cheap’.

‘Let’s judge them over a relevant time period of three years and not three months as the market is currently doing,’ he said.

[gregpeck7] 18/11/2021 09:25

He who laughs last.

[merrick1965] 18/11/2021 09:16

Volume is looking better, what has been achieved here is Numis have given THG the opening to demand the share activity formally be investigated due to admission of misleading defamatory statements by Numis. All it takes now is for a couple of major shorters to get nervous and this creates buy side demand so add pressure with shorters squeeze. Otherwise shorters say sod you city regulators. If it falls further so be it but hopefully a trading update early Dec (like last year) will be positive.

[gregpeck7] 18/11/2021 09:15

Chucked 40k in for starters.

[space_bob] 18/11/2021 09:11

I know this won't be a popular comment but there's an air of inevitability of this going down towards £1.60.

[gregpeck7] 18/11/2021 09:04

Shorters clearly desperate to keep a lid here but it's gonna blow off now. Matter of time

[goforgold1] 18/11/2021 09:03

This will do same all day now . Sideways till USA opens the it will drop like yesterday.

[senseibull] 18/11/2021 08:39

Ill be tweeting a few journos the story today

[senseibull] 18/11/2021 08:32

JP Morgan Chase is suing Tesla for $162m (£121m) over tweets in 2018 by boss Elon Musk that he could take the electric car maker private.

[allenquatermain] 18/11/2021 08:17

All the desperate bedwetters were posing yesterday evening that these shares were going to ticket this morning - they are DOWN

CLUELESS DESPERATE BEDWETTERS WILL ALWAYS LOSE MOMEY

[senseibull] 18/11/2021 08:15

https://www.thetimes.co.uk/article/numis-updates-on-its-clarity-over-thg-2tj7tm2bwAlso shorts increased on short tracker on the back of the original note it appears

[mcmather] 18/11/2021 08:06

bob, all they appear to have been after is a nice little storage area to put the products they were using on a daily basis away at night; like putting the toys back in the pen at night in a nursery. They could just as easily have used an image of a creche!!!

[goforgold1] 18/11/2021 08:05

No RNS is this company bothered you ask to ask yourself . Down again you would have fought but would start to recover .

[highfive1] 18/11/2021 07:51

We all buy shares and accept they may go down but if they do in most cases if the company involved has good fundamentals and prospects some of the share price fall will recover. But in this case it has been manipulated down then any recovery in share price is further manipulated there has in no way been a level playing field here thanks to Numis and others. Email your MP with details of Numis shenanigans here do not let up. We should organise a protest in a couple of weeks outside Numis offices to keep up the pressure so they realise this is not okay to manipulate prices.

[leoneobull] 18/11/2021 06:10

https://www.reddit.com/r/CanaryWharfBets/comments/qw8oir/numis_done_a_fud_on_the_hut_group_refers_itself/NUMIS in big trouble with FCA

[leoneobull] 18/11/2021 05:45

People close to the situation said it was likely that THG had instructed lawyers to contact Numis in light of the original email and the subsequent amendments.The issue is potentially embarrassing for Numis, which was part of a large syndicate which helped to float THG last year with a £4.5bn valuation.People familiar with the situation say that Numis did not receive a proportion of the discretionary fees awarded to bankers in relation to the IPO, which one source said was because THG executives were unhappy with the work undertaken by the bank.THG subsequently appointed Barclays, Citi Jefferies as its corporate brokers.One source said Numis executives and THG's management had "fallen out" over the float.

[leoneobull] 18/11/2021 05:42

https://news.sky.com/story/investment-bank-numis-reports-itself-to-watchdog-after-retracting-memo-about-thg-irregularities-12470950Investment 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.MM was right. Orchestrated attack. Watch this rise again when the numbers come out from peak trading season. Not investment advice. DYOR

[elsa7878] 17/11/2021 22:55

Nearly 40 posts from our resident motor mouth today. Exhausting…