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I believe it is the "avoid what is strong, attack what is weak" approach.
Seems to like to inflate the importance of weak but peripheral areas. Depending on the current trading position of course.
Someone needs to tell Israel
Expect the truce deal in Gaza should see all global markets rally tomorrow.
Hopefully the start of better things to come
Research being, going down to your local asda. Lmfao.
Few weeks ago, you said people will be kicking themselves they didn't top up, then you sold down a week or two after that. Then kelso must be shorting this and moaning about f1 and people not going to supermarkets... Then kelso confirmed they bought another million shares, but please everyone go to your supermarket and look for my protein products
Let me ask this simple question.
What is it you are hoping to achieve by posting negativity?
For got to add that Darktrace are also a primary sponsor of McClaren and Norris.
Well I'm glad you called it on the Miami Grand Prix Kua before I did as I feared as much and thought everyone's time would be better employed doing their own supermarket research instead.
I saw plenty of Darktrace, Redbull, Crowdstrike, Duracell and many other promo logos all over the place. Very little coverage of MP at all I'm afraid and even at the point when Logan Sergeant went into the wall all I saw were huge Rolex logos one after the other over all the crash barriers.
KJU if you wish to stick your head in the sand at a 9% fall in THG Nutrition revenues then good luck to you. Thankfully others like Ephemeral look like they have also been doing their own research on product placement instore.
I hold, just nowhere near as many as I used to and that is because I did my own research on MyProtein and also because I happen to think that not enough is being done by the present Board of Directors to lift the share price and make it appealing to investors. The binning 95% of advice recent comment merely confirmed those thoughts.
As I said at the time, it's just a vanity project to no doubt get him and his circle in the pit lane. As the recent SP performance shows it's doing nothing for shareholders.
Wasn't it 'symbiotic' , THG provide fulfilment and ecom hosting in return for ad space, something like that.
Market has gone back into rate cut mode again:
'U.S. stocks rose Monday, with Wall Street looking to build on the previous session’s strong gains, after new jobs data revived hopes of the Federal Reserve cutting interest rates. '
https://www.cnbc.com/2024/05/05/stock-futures-inch-higher-sunday-after-weaker-than-expected-jobs-report-left-investors-looking-up-live-updates.html
He wants to be in the pit lane with trump Taylor and mcilroy when he should be sorting out poor shareholders who have paid for this shoddy show
If a deal isn’t sorted soon this is heading south 65m interest payments is horrible
CFO not touching it says it all
He said it was "effectively free" whatever that actually looks like. He is a bit of a spin doctor so I wouldn't trust that to actually be the case.
Be good to know how much that F1 sponsorship costs. It'll be in the millions certainly. Together with the rebrand you'd think MyProtein was spewing free cash to afford this stuff. Whatever the cost to the company, Moaning will see it as worthwhile no doubt when it means he gets VIP access. But I don't think even he can have missed the metaphor of finishing last and a non finish while Optimum sponsored driver wins.
"womens football"? Really? Like is there people actually watch that? I must be old fashioned, what's this world come to 🤷
THG's F1 sponsorship is a vanity project - so MM can turn up at some future race dressed like a SKY TV presenter and pretend he's someone. In terms of effectiveness / bang for buck this money is being wasted. Something like Women's Football would offer a much better return on investment and it would generate goodwill towards MyProtein on several levels and in different ways that could have long lasting benefits if done correctly.
No board oversight / action. Silent
*It is obviously undervalued, but market has lost confidence in board.*
Good to see a large long term holder expressing similar frustrations and thinking. Perhaps they might vote at the AGM.
Formula 1 result simulating reality here at the minute.
Optimum Nutrition sponsored car wins and standing on the top step of the podium… Myprotein branded cars both last and one in a wall. Couldn’t write it.
All things aside though, a great Grand Prix and good to see a fellow Brit winning 👏
Interesting to read a reply from Cookson on Twitter over the weekend when asked about his thoughts on whats going on at THG
"Who knows!
My interests are still holding c1.6% so I’m keen to see a material improvement in SP.
It is obviously undervalued, but market has lost confidence in board.
Regardless, something needs to happen and quick."
He also got a write up in the Mail today about his new business - Verve Nutrition -
https://www.thisismoney.co.uk/money/smallbusiness/article-13241491/Oliver-Cookson-launches-supergreens-business-Verve-Nutrition-replicate-multimillion-pound-MyProtein-success.html?ico=mol_desktop_smallbusiness-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Fsmallbusiness%2Findex.html&_ga=2.24508863.423607694.1714914126-1725990562.1711806624&_gl=1*1xw4p9o*_ga*MTcyNTk5MDU2Mi4xNzExODA2NjI0*_ga_XE0XLFFF16*MTcxNDkzODEzNi4yOC4xLjE3MTQ5MzgyMTUuMC4wLjA.*_ga_GQE6MT7DLZ*MTcxNDkzODEzNi44Ni4xLjE3MTQ5MzgyMTUuMC4wLjA.
I agree product placement of MP in supermarkets borders awful. Placed with others in a commoditised fashion. No way to differentiate, upsell, commit into a range. TBH better not to stock in supermarkets if this is the approach - devalues brand and I can’t believe it’s bringing much in. Very concerned at MP product placement. Separately, if it kicks off in India with demographics and growth prospects then could be a massive contributor.
Osd, just showing your ignorance unfortunately. Good luck with that...
Unfortunately the aliases are just as prevalent on the "Pro" side as they are on the FUD merchants.
I think people forget they are actually adults and not children
Nothing like weekend FUD. I’ve seen very large offerings across multiple asdas
You'll get coverage with Williams but the money could probably have been better employed with a higher placed and better prospect / progressively improving car.
Since they signed the Williams deal sales of THG Nutrition / Myprotein are down 9% in the last quarter. Thats a very big fall.
That's also despite the supposed C-Suite access that The Williams deal gave to both MP and THG Ingenuity (much trumpeted at the time), the Gartner Magic Quadrant inclusion that was meant to boost sales, and the £50 million spent to retain customers.
You'd be far better employing your time this BH weekend checking on whether or not MP products are in fact in Tesco's, Sainsburys and supposedly Asda and as importantly what is the depth of the range and are they moving off the shelves. I highlighted earlier in the week that despite MM stating they had MP product placed in Asda's I found only one amidst rows and rows of competitor products.
dyor
Noclue….agree, pleasant having the filters on, but still prominent through simply being a green box of which there’s been plenty!
Problem is, board is getting clogged up with aliases who probably think they’re being funny, whereas I just see it as another reason to filter as it’s just more tripe on the board which has become very Advfn style now.
Anyways enjoy the BH weekend and await some actual news. Plenty patience here :-)
GLA as always
Non farm payroll Friday, that was a doozy, no one expected such a drop given feds recent comments.
Could be the catalyst across the pond for rate cuts, who knows but UK/EU are very much on track to meet their targets.