Thg Share Discussion Threads

[gregpeck7] 09/1/2022 22:11

Telegraph picking this up now.. Gaining momentum

[ahhh luke warm] 09/1/2022 21:03

1P, where are you getting your number / percentages from of stock on loan?Shot-tracker has THG currently at 1.18% on loan. https://shorttracker.co.uk/company/GB00BMTV7393/

[leoneobull] 09/1/2022 19:17

NUMIS are in big trouble...sales huy accusing them of accounting irregularities when that was a couple.of.juniors manipulating sales figures in 2011 who got sacked.

[sanks] 09/1/2022 17:37

Level 4 has all of them running for cover with buy orders already in place for first thing Monday at 0800 and 01 seconds!!.. I've seen the books, they know I know.
Sustained closures of short positions now on the cards.. as they all avoid destroying fund wealth!!

I will be allowing them to buy my stock at £5.17.. I really hope this helps.

Sanks.. playing the markets like a PlayStation game..too too easy!!
Thank you so much..lovya xx

[pre] 09/1/2022 16:36

I like the fact that MM has adopted this approach, after all why produce dossier for regulator. I’m anticipating he has some very positive news to report over the coming week and happy to see that shorts will be under closer scrutiny now the FCA have been notified. What a great week ahead for longs:-)

[pre] 09/1/2022 16:20

Tomorrow should be interesting as some of these parties will come to the attention of regulator and any market manipulation will no doubt be heavily punished. I wouldn’t be surprised to see a sustained rise now as shorts start closing their positions to avoid regulatory scrutiny and minimise their exposure in this regard, imo.

[g2020202] 09/1/2022 13:45

COS PM SENT

[1pencil] 09/1/2022 13:18

Surely the likes of Blackrock and GS have just as much to complain about given they have both taken a large haircut, irony is that Blackrock are most likely to have loaned out their own stock (see earlier TR1)

Crest average stock on loan for December increased to 8.72% from 7.85% November, again, please see earlier posts for details on these figures.

If we could get sight of any GS coverage post the October TU that would be helpful

[sanks] 09/1/2022 12:47

My bird Sheila has just sorted the itch on my nob with Level 4 data now showing THG is set to burn all shorters as a genuine lesson on these false news which has held the stock price to ransom below £2!!..
Looking ready to open Monday at its true value towards £5.17 then towards that £8 mark it held previously.

Watch them all run for cover first thing Monday.. hope they have to buy stock back at true value towards £8!!

Thank you so much to Matt and his wife and birds and fit birds friends and the rest of the shagnasty crew..
lovya xx..and if your not buying now then you will be buyers when it hits £8

Lovya xx
Sanks.. with a level 4 target of £5.17 - £8.27

hxxps://www.thetimes.co.uk/article/thg-hands-fca-dossier-on-city-conspiracy-over-share-price-plunge-97tncqd9t

[mcmather] 09/1/2022 12:33

Strange how Oliver Shah @ The Times hasn't mentioned the FCA piece in the paper;

[dealy] 09/1/2022 12:15

THG would serve their cause much better if they provided an update on their profitability

[coscos] 09/1/2022 12:05

Pleased to see this news filter through, however it's only a start to the concerted fightback MM will mount over the next few weeks.

[gregpeck7] 09/1/2022 10:41

Nice. And if the shenanigans are still going on then even better. FCA will find it very hard to not at least look at ftse 100 share trading conspiracy. The chances the city are clean is close to zero.

[ayl30] 09/1/2022 07:09

THG hands FCA dossier on City 'conspiracy' over share price plungehttps://www.thetimes.co.uk/article/66a31788-709d-11ec-9b00-681c4404af37?shareToken=e3de12e21f613efb4d83705717a134b7

[leoneobull] 09/1/2022 06:51

"THG has handed a dossier of data to the City regulator that chief executive Matt Moulding hopes will prove that hedge funds and stockbrokers colluded to drive down the online retailer's share price.In recent weeks, THG (formerly The Hut Group) has passed on what it believes to be irregular stock market trading and short-selling data to the Financial Conduct Authority (FCA). Moulding is understood to be particularly suspicious of trading after THG's investor day on October 12, when a raft of sell orders wiped almost £2 billion off the company's valuation in a matter of hours.THG has had a torrid first year since floating at a £5.4 billion valuation. Its shares rose at first, triggering a controversial £830 million share-based bonus for Moulding, who co-founded THG in 2004, but have since slumped by three quarters to £1.94 amid doubts over the value of its tech licensing business Ingenuity, weak cashflows and a lack of strong corporate governance.In an interview with GQ magazine last November, Moulding claimed that THG had suffered a "pretty aggressive short attack" orchestrated by the media, investment banks, fund managers and hedge funds.THG convened its investor day last October with the intention of dispelling doubts over Ingenuity, which licenses technology that brands can use to sell online - only for the move to backfire spectacularly when its shares finished the day 33 per cent lower.A source close to THG claimed the slump was the result of co-ordinated sell orders designed to trigger automated trading algorithms that pushed the shares into free fall. At the time, analysts attributed the share price drop to Moulding's lack of financial disclosure and an absence of detail on Ingenuity's large clients.THG's submission to the FCA forms part of the regulator's inquiries into the actions of a sales person at Numis, one of eight banks to have worked on THG's listing. The sales person sent a note to hundreds of clients in November alleging "accounting irregularities" at THG and recommending they sell the shares.THG executives are said to be furious with Numis, believing the bank has played a broader role in its woeful share performance. Numis said that after learning of the note, it quickly issued a corrected version, removed the reference to accounting irregularities and apologised.Another part of THG's submission to the FCA relates to a sceptical research note published in October by The Analyst, the firm whose recommendation to short THG's shares helped precipitate their spectacular decline. Among a range of concerns raised by The Analyst was the contention that 13 of THG's recent Ingenuity deals had yet to go live. A source close to THG said only a handful had not gone live and this was because clients were not ready; they added that the researcher had spread "misinformation".

[leoneobull] 09/1/2022 06:39

Thanks Dafad....you are correct. So 97m quid is nothing compared with a 2.3 billionaires n cap firm which should be 3 billion plus firm

[billionarebob] 09/1/2022 00:42

From the times looks MM is fighting backTHG hands FCA dossier on City 'conspiracy' over share price plungeMatt Moulding, THG's chief executive, is thought to be suspicious of trading after the retailer's investor daySunday January 09 2022, 12.01am, The Sunday TimesTHG has handed a dossier of data to the City regulator that chief executive Matt Moulding hopes will prove that hedge funds and stockbrokers colluded to drive down the online retailer's share price.In recent weeks, THG (formerly The Hut Group) has passed on what it believes to be irregular stock market trading and short-selling data to the Financial Conduct Authority (FCA). Moulding is understood to be particularly suspicious of trading after THG's investor day on October 12, when a raft of sell orders wiped almost £2 billion off the company's valuation in a matter of hours.

[dafad] 08/1/2022 22:48

Leon,they quote £97 million worth of shares ,that's circa 49 million shares

[leoneobull] 08/1/2022 22:38

They quote 97 m shares on loan. But out of what, 1.2 billion? The journo over- simplifies . Doesnt mention biggest declared shorter has closed. And Qube got it badly wrong on PFC .

[dafad] 08/1/2022 22:17

Same bloke at it again!!

Congratiulating himself on last weeks article on THG

t follows revelations in The Mail on Sunday last weekend that hedge funds and other traders had built up record short positions in The Hut Group, the owner of the LookFantastic and MyProtein brands.

THG's shares subsequently plummeted 10 per cent on Tuesday, the first trading day after the weekend, and are struggling to bounce back. In late September the number of Asos shares on loan was less than 1 per cent. The share price has dwindled 34 per cent since then.



Asos turn in Mail on Sunday this week!!

[1pencil] 08/1/2022 20:03

I would be interested to see GS coverage post the 3rd TU on Oct 26th.

During the web cast GS bod asked pertinent questions which I thought were well addressed by the panel, perhaps not.

The shorts I can live with as a relatively small piece of the pie, we have also seen how Qube have been caught out with big spikes on other positions, so content to think these are just momentum plays.

GS however is a different ball game along with Blackrock, both in at the IPO with GS going under threshold couple of weeks prior to next TU.

[propinv] 08/1/2022 18:45

Bob. Incredibly smart people sometimes do the most stupid things. I have observed this over the years. Taking the property, not all, but some very nice assets, out of the group and then thinking that won't come back to bite is, well, see my first sentence. I went long on this in Dec, but the reason I sat and procrastinated was he really disliked that property deal. Doesn't sit well with me. But maybe that's because I'm a property guy!

[senseibull] 08/1/2022 17:28

Yep which again is a strength here over Boo and other e-commerce.Fast supply chains, low returns and any returns will be in new condition and can be resold after some basic checks. Cosmetics are a gravy train.

[4vik] 08/1/2022 16:42

Read his history on CEY board too. He loves losing money.