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If 132 Year old conglomerate GE can bite the bullet and break itself up then maybe THG should think about Kelso's proposals?
https://www.reuters.com/markets/us/ge-completes-three-way-split-breaking-off-its-storied-past-2024-04-02/
I see nothing wrong with floating off Beauty and Nutrition, THG can still have a major share in those business, but it would bring in new cash and investors at the same time rewarding THG shareholders. Kelso have the right idea that conglomerates don't work in the long run. The SOTP is clearly worth far more than the whole. GE in the US was the biggest conglomerate in the world back in 2000 but spinning all those plates caused the company to collapse in on itself and eventually after the SP crashed they company finally realised breaking up the business was best for everyone involved, including employees and shareholders. Jmo Adyor!
Moniman/Ste/GTC/APH etc are all as bad as each other. Constantly spamming the board with drivel.
@moniman I have more time for that comment, listing was a big mistake for MM/THG. Do I think MM's crusade against the city helps the SP in the short term. NO. Is he right on some of it. YES. I still think MM is the right man for the helm of THG, but under private ownership where he can grow it with supportive, long term investors
Moniman, did you go short again...
Unfortunately sticking two fingers up to the city and raging on LinkedIn will not do THG any good imho...did he complain when the city made him a £ billionaire at the IPO?
Agree with yes, he also wants to deliver for his staff and those friends and family invested
I respectively disagree there moniman. MM is desperate for recognition, to prove the doubters wrong and stick 2 fingers up to the city. He also enjoys strong relationships with his long term backers and will be desperate to deliver for them.
How much does the great deluded one get every year leasing back buildings to THG?
You are more deluded than he is. He is not interested in raising the SP for the likes of PI's, he's already made his vast fortune from the IPO, it's now just a private company providing a big income to certain individuals, all dressed up as a PLC. JMO Adyor!
A friend of mine bought some Gamestop shares just over two years ago. Since then he has been waiting and waiting and waiting and waiting and waiting and waiting for things to happen, but nothing ever has. Until now :)
Let's hope for something similar with THG.
Cmon Matty get the deal done and let's all go to the pub.
@yespsb we do have different opinions about Ingenuity & Nutrition and I am defo more of a glass half full guy.
So were you two weeks ago when you said the charts were improving.
Do you want me to remind you when we hit the 70s again so you can sell up :)
Yiab I am not in the market for any more shares in THG than what I have presently for as things stand its just dead money waiting and waiting and waiting and waiting and waiting and waiting for things to happen - and they don't. Far better investments out there for the bulk of my funds.
Talking of which it looks like Gamestop is on another meme stock rally spurred on by Roaring Kitty / Keith Gills very large buy in. There was 18% short on that one so its probably ignited support and initiated another short squeeze.
AI by it's nature is adaptive - adaptive AI is nothing more than a marketing tag line. Before AI was a thing I spent years working on heuristic cyber security software and I now work in the AI space. Whilst there are differences those differences are in the main a result of the AI chipsets.
Crafty thanks for your comprehensive post.
It's interesting to note you see the numbers as positive and I don't ( bottle half full or half empty? ).
What I think all open minded shareholders will agree on is for what ever reason Ingenuity is no where close to justifying it's huge investment and is still struggling to make any meaningful progress in securing profitable new blue chip clients.
Nutritions numbers are nearly all in decline and so far there is no evidence that the rebranding has improved things ( hopefully the AGM will shed some light on this). All the pieces are in place for the business to improve by a significant amount but I worry about the execution and the continued failure to deliver the promised strategy document.
Ps stating Williams Racing is a new win for Ingenuity comes across as a bit desperate given THG are sponsoring the Williams team
That kind of share softbank needed cash and QIA
Provided it quick with Matt buying his own stock lol having said that I have 5k there maybe maybe not it's that kind of share lol
😆 🤣 😂 maybe I should get a LinkedIn account and start giving speeches about how unfair THG is being treated by the big bad boys in the City? 🤔
Moniman has lost the plot. Gone from ramper to deramper to ramper to deramper again. Bipolar isn't the word...
One conspiracy theory that maybe the obvious tactic here is to pretend you hate the city via lots of ranting on social media, (the same city guys who made you super wealthy at the over inflated IPO). Keep on giving underwhelming trading updates to depress the SP, start some erratic behaviour with a small investment fund, force one of your biggest investors Softbank to abandon their shares at a 98% loss?...not sure what the end game is but it's definitely working if management are deliberately holding down the SP don't you think? Maybe an opportunistic buyout on the cheap via a delisting? JMO Adyor.
Moniman, MM defo keeping a lid on SP but no evidence of any serious buying for a very long time.
Listen it maybe the case I would not have any idea
Moniman it's a strange one as I said lot of Kelso investors seem to have links to NW and matt has some big shareholders up that way so??
But I can't afford 2 k worth of shares bobbing l
Well I can but would rather not repeat last few years lol
If I was being cynical, I would say that management are trying very hard to trash the SP in order to buy more cheap shares and allow the 65% club to do the same don't you think? Wouldn't be the first time a company has done this? It certainly worked on Softbank who abandoned a £billion investment with a 98% loss? JMO Adyor!
Ingenuity has disappointed in terms of new whales to date, but more than reflected in the SP discount, and can still come good as FMCG starts investing in D2C again as the cycle turns. Good news is THG’s global infrastructure is very hard/expensive to replicate, so barriers to entry very high, and the looks like Ingenuity is world class at high volume fulfilment with all the automation they have put in place. A couple of significant Ingenuity client wins and just watch the rerate
Unfortunately the appalling black hole Ingenuity strategy is bleeding all the hard work from the profitable parts of the business, its like trying to plug the hole in the Titanic with a band aid...How many £billions have disappeared with almost zero results, no wonder Softbank took a 98% hit on their £billion investment. JMO
Well well well. SteveScott has made an appearance after over a year.
Ste - wasn't the Ste2K, APH01, GTC handles working for you anymore?