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Results: THG

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My advice to THG: forget the bids, focus on achieving profit and free cash flow!

bit over six months ago I observed that there were “so many reasons to keep on avoiding The Hut Group”, which we now know as THG (THG). Since I wrote then the shares have continued post IPO shocking performance and today sit at a circa one quid share price, having been over four quid back in October (and having had an original IPO price of 500p a year before that). So is there an opportunity to buy now or is the smartest view to keep on avoiding?

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