Thg Share Discussion Threads

[merrick1965] 03/11/2021 11:57

Like everyone looking for an entry point IMO look at short tracker website and the buying signal is when PSquared Asset Management reduce their short. They probably shorted from circa 6.50 and still have a big short open- so them reducing position to nearer .5% is a good indicator they are nearing their target price. But when big boys close their shorts this will reverse. IMO a potential threat THG may have to write down recent purchases for overpaid and online shopping share valuations on the balance sheet have plummeted since they purchased

[space_bob] 03/11/2021 11:36

There's a lot of room left to go down. Other II's must be looking at the risk and considering cutting their holdings despite what it'll do to the price. Also we all know Softbank deal will not happen now - they'll be an announcement at some point and they'll be another kicking. Board knows there's more pain to come or they'd be loading up at these prices.
Keep your powder dry. Long term you wouldn't regret buying at these prices, but it's heading towards £1.50. Imo in the very short term there's more risk of it dropping a further 20% than rising 20%.

[scepticalinvestor] 03/11/2021 11:26

agree - very nervous investors here though. hence only a small punt

[scepticalinvestor] 03/11/2021 11:21

well decided to take a small 5k punt at just over 192

[hatfullofsky] 03/11/2021 11:14

Unfortunately it looks like it, more of the same

[average down mug] 03/11/2021 11:10

☝️313; sold val 39p I’m getting very hungry need Kentucky

[average down mug] 03/11/2021 10:56

🤡☝A039; trade the pattern guys! I’m waiting!

[bigballsbob1] 03/11/2021 10:44

Blue to Red... what a shame. I had high hopes for today. Best case we finish flat and move up from there. Worst case we fall down and through 180

[topgunns] 03/11/2021 10:36

yes space that's the pattern, might add some more end of day

[space_bob] 03/11/2021 10:18

Did it go under? Looks like £1.91 was the low to me. Pattern today looks very similar to recent days. Big drop at open, then a rise (though steeper today), then slowly reduce from there throughout the day until it tanks back down to a loss at 4.30.

[hatfullofsky] 03/11/2021 09:59

Quite the prediction Space_bob.

It ducked under 190 to take out 190 stops, definitely feels different today ie it tanked on open and then recovered, rather than the usual tank on open and continue throughout the day.

[dev80] 03/11/2021 09:59

I agree 100%

[topgunns] 03/11/2021 09:58

Yes paulie double digits for sure one day. I think recovery to 500-600 is a 6 month thing from when we hit bottom. But that's a great risk reward

[pauliewonder] 03/11/2021 09:53

Well given the growth potential of the firm and the track record to date, the fall has been markedly overblown. Personally expect fair value at around 500p area until we get further clarity on the SoftBank deal. Long term this is easy £double digits.

[space_bob] 03/11/2021 09:53

It's a rare sight but don't get too excited. I think this will nudge under £1.90 at some point today, but finish around £1.95. Unless of course there's an RNS which changes things.

[dev80] 03/11/2021 09:43

Told you... that was the bottom... buys are lighting up

[pauliewonder] 03/11/2021 09:42

Think my screen is broken, it's showing blue.

[space_bob] 03/11/2021 09:23

Christ, last thing we want is a link to Make Ashley. I've no problem with him personally, but I suspect a few THG customers might do. Look at Darktrace being tarnished by Mike Lynch association and he's just a shareholder.

[dev80] 03/11/2021 09:23

This thing going up now, its time

[highfive1] 03/11/2021 09:17

SenseiBull you may just have stumbled on something there Mike Ashley with all those 100's of millions from selling Newcastle United to the Saudis. investing in THG would give him a great return at these prices also possibly synergies with a link up with Sports Direct at the same time as a added bonus.

[scepticalinvestor] 03/11/2021 09:17

Touche lol

[average down mug] 03/11/2021 09:16

🤡☝A039; wait for me first I need Kentucky bought val as posted yesterday at 32 now 37 I’ve never lost there ever! Be back sooooooon for a nibble!

[space_bob] 03/11/2021 09:14

yes - into a bloodbath...as if it isn't already.

[scepticalinvestor] 03/11/2021 09:13

Looks like it is turning imo.

[space_bob] 03/11/2021 09:04

I'm down over £10k Farrugia and all my buys were under £3. Pretty painful and glad I'm completely out at the moment, but I have a large pile ready to put back in when the time is right. If it breaches £1.90 today I'll take a small nibble. Around £1.80 I'll take some large chunks. At £1.65 I'm willing to put it all back in.