Thg Share Discussion Threads

[bwana4] 29/6/2022 13:35

The recent appointment of new CEO at THG. Has anyone checked him out ?? Great appointment. Most of the CEO's in the USA of high tech Co's are from India.
He left a great job to work here in THG. Would he have done that if he had any doubts about the future of THG ??
I wonder how many of this boiler gang know we have a new CEO ??

[billionarebob] 29/6/2022 13:23

Blackhorse you also lost big time when you sold THG near the bottom

Blackhorse23 - 21 Jun 2022 - 08:20:09 - 19430 of 19766 The Hut Group - THG
Sold this at 77p

Jeez you sold THG at 77p what did you buy in for?

How much did you lose?

Pal you gotta be the worst investor EVER does bad luck follow you around like a bad smell.

[iamthemagnificent] 29/6/2022 13:15

tomboyb29 Jun '22 - 09:37 - 19743 of 19763
back to lows 70s -



Surely you mean 80s then 90s ?

[srs8] 29/6/2022 12:46

Come on Jasey - nimble nimble

[jason_scrap] 29/6/2022 12:32

Tax losses..? Lol

[blackhorse23] 29/6/2022 12:29

Glad switched today MCB (MCB) mcap 30 millions but revenues close 700 millions , good dividend history , good forecast & always value returns to shareholders. what THG giving back to shareholders?!! Curious

[sankshiela] 29/6/2022 11:51

Downer you scank - are you that octopus friend of The Deep in the latest episode of The Boys - you filthy thing

[billionarebob] 29/6/2022 11:40

debs just so everyone in this forum can understand your position how many THG shares do you own?

[debsdowner] 29/6/2022 11:39

Brokers don't all immediately update their recommendations all in one go after news. It won't be the first time brpokers have misread a companies performance and future.

[billionarebob] 29/6/2022 11:24

Personaly I do not want a cash rich PE to try and take us out on the cheap and I am soooooo glad that MM has the golden share.

Looking forward to seeing the true value of the group when it is split in the not to distant future.

Am a long term holder and happy to see Charlie get his wallet out to the tune of 1 million smackeroonies yesterday.

[billionarebob] 29/6/2022 11:19

The weak pound has turned UK Plc into sitting ducks - this article was written a few weeks ago on the 26th May 2022

Get ready for a wave of takeovers as cash rich American private equity firms pounce on the FTSE's cheap businesses

www.telegraph.co.uk/business/2022/05/26/weak-pound-has-turned-uk-plc-sitting-duck/

Here is the article for those that do not have a telegraph subscription:

Nothing sums up the sombre mood at Davos this year more than George Soros’s warning that Russia’s invasion of Ukraine could spark a third world war.

If that wasn’t enough to put guests at his annual dinner-cum-speech in the Swiss mountains off their food, the 91-year-old billionaire philanthropist also questioned whether civilisation would actually survive such an event.

At least his despair was mixed with defiance – the West’s only hope was to “defeat Putin as soon as possible”, Soros said – unlike that other well known nonagenarian Henry Kissinger whose statesmanly “advice” to the assembled elite was for Ukraine to effectively surrender by handing over some of its territory.

For a man who recently declared in an interview with the Financial Times that “we are now living in a totally new era”, it is ironic that the former US secretary of state sounds like he is stuck in the distant past.

Still, amid all the doom and gloom, it was possible to detect a quiet, almost embarrassed buzz about the prospect of another crisis producing a deal boom as the slump in the pound leaves British companies vulnerable to opportunistic overseas rivals.

It was bad enough that the emergency stimulus of the pandemic fuelled the largest takeover frenzy on record, but now, with Vladimir Putin’s criminal army laying waste to Ukrainian cities and towns, and millions of people struggling to contend with spiralling energy and food prices?

If the City’s investment bankers and dealmakers are licking their lips, they had better make sure they do it behind closed doors.

It’s tempting to ignore most of what comes out of the Davos jamboree, not least when many of the high profile attendees arrive in their private jets and helicopters to lecture the world about climate change and carbon emissions.

But the masters of the universe have a risible track record when it comes to Nostradamus-like big predictions about world events. In January 2020 when hundreds of people had already died in China from Covid, the greatest concern was that it might spread from rural villages to major towns, eventually upending the world’s second largest economy.

It certainly didn’t stop delegates from bumping and grinding in sweaty nightclubs along the Promenade. By the end of March, however, well over 100 countries across the globe were in some form of lockdown.

Yet the prospect of a fresh wave of overseas interest in UK plc cannot easily be dismissed. The decline of sterling should be of particular concern.

Traders are increasingly shorting the pound as the cost of living crisis bites. Though there has been a modest rally in recent days, it has tumbled from more than $1.40 against the dollar a year ago to as low as $1.22 in early May, pouring fuel on Britain’s inflationary woes.

Number crunchers at Goldmans have stared into their foreign exchange crystal ball and foreseen that the global currency most likely to fall in the coming months is the pound.

Its currency strategists believe sterling is set to sink as low as $1.19 in the coming months, meaning it could soon be open season on the FTSE for foreign raiders again after mergers and acquisitions hit an all-time high during the pandemic.

The weakness of the pound is being exacerbated by the simultaneous gains of the US dollar, which has jumped to a two-decade high.

[dickiebird2] 29/6/2022 11:12

Boy & girls just keep the faith GLA D x

[sankshiela] 29/6/2022 10:38

Will somebody please put that miserable Donwner out to pasture - the stretch is putrid

[debsdowner] 29/6/2022 10:33

The US markets are looking for more interest rate rises and if they do continue a recession and the same in the UK.

MOst economists think we are already in a global recession and it can only get worse.

These are the reasons most shares are taking a hit. Some yield stocks are bearing up but you have to be careful because high yield may be high riskas well.

But you have no yield at HUT and no pre-tax profts as yet so no real reason to buy.

You can take a risk to buy on future profits but sales may falter in the meantime so those are the risks you take.

As for the founder sick as a pig, well what else do you expect to happen in these markets.

The other concern is all the property deals with the founder have been done to benefit the founder as I understand which I dont like. If I haven't got that right let someone correct me.

[debsdowner] 29/6/2022 10:33

The US markets are looking for more interest rate rises and if they do continue a recession and the same in the UK.

MOst economists think we are already in a global recession and it can only get worse.

These are the reasons most shares are taking a hit. Some yield stocks are bearing up but you have to be careful because high yield may be high riskas well.

But you have no yield at HUT and no pre-tax profts as yet so no real reason to buy.

You can take a risk to buy on future profits but sales may falter in the meantime so those are the risks you take.

As for the founder sick as a pig, well what else do you expect to happen in these markets.

The other concern is all the property deals with the founder have been done to benefit the founder as I understand which I dont like. If I haven't got that right let someone correct me.

[bwana4] 29/6/2022 10:00

When the USA market falls the same happens here the next day. The market did fall in the USA yesterday and here we are today .