Thg Share Discussion Threads

[francoismyname] 29/1/2024 20:27

Dow up another 200 points tonight - hitting new records again.

Nasdaq up over 100 points again - record highs annd new records again.

Meanwhile back in blighty , Matt the clown has THG at 66p - which are 12 month lows.

But his fans on Linkdin tell him he is smashing it FFS .

A chimp could do better

[hades1] 29/1/2024 20:21

Hardwell=Toasty

Only 1.4m traded today.

[f56] 29/1/2024 19:07

OK One_Frankel.

[one_frankel] 29/1/2024 18:56

No comparison f56 because what our dear establishment creates is of no bearing to any of us or better known to them as the layman my dear friend!

...It is them that have created all the troubles we see in our dear world today, noone else and dont you ever forget that!

[f56] 29/1/2024 18:48

Compassion became an irrelevance with the advent of the atomic bomb.

[one_frankel] 29/1/2024 16:58

Theres absolutely no compassion in the world anymore Imperialist and you just have to look at our children to see that and with their growing dependence on social media, AI et al it will only get worse in the years ahead so for me personally it doesn't make any sense to be like all the robots of our dear establishment and im an anarchist after all my dear friend!

[the imperialist] 29/1/2024 16:18

You're a good guy Frankel. Very forgiving. I like that.

[one_frankel] 29/1/2024 16:11

Big week for US earnings and a few UK stalwarts so tread carefully because the signals coming from the US is that all is not as you perceive it to be!

...I'm strong and short across the board especially in the US and Japan except that's no advice to anyone here, there or anywhere so play it your way!

[one_frankel] 29/1/2024 16:04

I hope not Imperialist because its a far more productive way of not only trading the market but protecting one's portfolio from short-term market conditions...You should consider it too but fully understand what it entails first before you go all gung-ho!

[the imperialist] 29/1/2024 15:52

That's gone straight over Tony's head Frankel. His strategy is based on tips.

[one_frankel] 29/1/2024 15:20

Paddy, I've looked into live Puts & Calls for Dax, ignore June expiry which is illiquid and consider September instead, strike price is at around 5 at 17k which is fair and reasonable and exactly how I'm proceeding but do what works best for you. March expiry whilst very tempting is just too soon and doesnt provide enough cover should it no go as anticipated and remember you can always reduce your outlay playing the position the other way with a call or even close the put anytime prior to expiry!

[the imperialist] 29/1/2024 15:14

Tony will quieten down soon. He is trying to put a brave face on it, but he knows he could lose everything.

[hades1] 29/1/2024 15:13

Apologies in advance as some might not understand the relevancy of this post but some will. But it is relevant at THG right now as redundancies are taking place in all areas inc Sales and Marketing.. As every company I have been involved with STAFF bonuses are avoided (cancelled or at least delayed) ahead of redundancy announcements and discussions taking place.
Management/Directors bonuses are usually not impacted.

.......................In some jobs a significant part of the employee’s remuneration will come through bonus payments. These are usually paid on either a monthly or yearly basis, and can either be based on precisely defined criteria, such as the number of sales made in a given time period, or awarded by the employer on an unspecified discretionary basis.

In a redundancy situation, several complex questions arise in relation to bonuses.
Bonuses and Redundancy Pay
The standard way of computing an employee’s entitlement to redundancy pay, whether at the minimum statutory level or a more generous contractually-specified payment, is based at its core on the number of weeks worked multiplied by the employee’s gross weekly earnings, modified by the employee’s age. If a worker is paid a fixed regular amount which is occasionally or even regularly supplemented by variable bonus payments, the obvious question is whether the variable bonus payments should be included in the weekly pay calculations and, if so, on what basis. The answer is yes. Where an employee has a constantly varying rate of pay, the normal procedure is to take the average hourly pay in the 12 weeks leading up to redundancy multiplied by the normal working hours in a week, and use that as the basis for calculations.

Annual Bonuses and Redundancy

If bonuses are paid on an annual rather than weekly or monthly basis, the procedure outlined above may clearly be inadequate. How annual bonuses will be handled in the event of redundancy may be specified in your contract of employment. If it is not, many employers will offer a pro rata payment for the part of the year already completed before your employment ends. If the employer chooses to be difficult, however, things become more complicated.

The law itself is unclear about how this situation should be handled. Bonus-related disputes which have gone to court, however, have established some precedents. How bonuses have been handled when employees have been made redundant previously within the same company has been judged to be significant; in addition, how such matters have been handled by comparable companies within the same industry has also been judged to be significant. If you find yourself in this situation, therefore, there may be some scope for you to take legal action against your employer, or to push for a settlement with either an implicit or explicit threat of legal action if no reasonable accommodation is made.

When the payment is made on a discretionary basis, the employer’s discretion has been found to be not unlimited. If, for example, your performance during the year can be shown to have been outstanding, and your employer arbitrarily refuses to make a bonus payment to you, a court may find that the employer has acted unreasonably.

Non-Cash Bonuses on Redundancy
If your employer normally finances part of your bonus to be received as tangible benefits rather than cash, for tax purposes the benefits are converted into a cash amount and thus will count towards your £30,000 tax-free upper limit.

Bonuses and Redundancy – Conclusion
Bonuses are one of the greyer areas of redundancy handling. Although the subject is perhaps inadequately addressed by existing legislation, custom and precedent have established some general principles which can provide a sufficient basis for taking action against an unreasonable employer in some cases.

[one_frankel] 29/1/2024 15:04

Wow, the 'Fateful' are really gunning for your blood anywhichway they can Paddy but I really wouldn't worry about it!

[francoismyname] 29/1/2024 12:59

Any rises at all are through gritted teeth and feel painful to watch.

All falls like a knife through butter.

But hey ho you’re smashing it Matt !!!

A chimp could have done better

[dyslexicsvoices] 29/1/2024 11:40

See if that 100k buy moves it.

[srs8] 29/1/2024 11:27

same for me franny, buys not showing up

[francoismyname] 29/1/2024 08:51

What kind of low life seeks sympathy for illness on the boards when they have no illness at all.

A new low toast. You’d have thought insider dealing was bad and deleting posts but this is much worse.

Have a quiet word with yourself

[the imperialist] 29/1/2024 08:28

If I were you Tony I'd cool it on the winding people up front. We might have to face you one day, and give our account of events.

[dyslexicsvoices] 28/1/2024 23:43

Oi Frankfurter ?stop getting all yellow and do us a favour and F off.U ?end Otherwise you're have Sparta toAnswer forAkaThe big BrUvA HOusE Wheel em out boys ?????

[one_frankel] 28/1/2024 23:01

Don't be so silly Paddy, the 'Fateful' await US listing for their just deserts and I honestly cant wait to see it all falling into place as they expect...Hehe!