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I like this upgraded Ste, much more pleasant.
Hes a gimp in mouldings cellar
When the Great Deluded One wants him to come in and make the tea and put out the biscuits. Apart from that, he's just the Great Deluded One's lap dog it seems? JMO
Glad to hear he’s well. Makes his radio silence on THG all the more disappointing though. Wonder how many days a month he works for THG.
My brother 2000 must have been turned off.
Looks like it's turning into FOMO Friday...
Correction, I haven't said the company is bad, it's the Great Deluded One that needs sacking. It won't matter, I have a feeling the big backers within the 65% club will soon be giving the Deluded One an ultimatum. Watch out for the Red dot...JMO Adyor!!!!
No, Hungarian...
Mate - about a month ago you were spamming the board about how bad the company is. Now it's worth £3?
Are you bipolar or something?
The only price I'm interested in is the 300p+ the 65% club will take. JMO Adyor.
SP movements are making little sense today. Then again, they never have made much sense....
The Big Middle Eastern backers within the 65% club are losing £millions every month, they could have earned vast amounts of cash if they had just bought Government Bonds or invested in US market trackers over the past 3 years instead of listening to the ramblings and false promises from the Great Deluded One. These guys will definitely want to start seeing a significant return on their capital very soon imo and The Great Deluded One will be having his feet held against a very hot fire before he knows it. The clock is definitely ticking down to something that should reward shareholders imo, the Great Deluded One is definitely becoming more isolated within the 65% club with his intransigent position you would assume. JMO Adyor!!!
@pencil: Is that good for THG?
BONDS
10-year Treasury yield dives below 4.5% as unemployment rate rises to 3.9%
https://www.cnbc.com/2024/05/03/us-treasury-yields-ahead-of-april-jobs-report.html
Agreed, anyone holding under the £1 mark is effectively in quite a safe position if not time sensitive.
Something has to give at some point. The SP impacts the businesses ability to borrow for capex and liquidity so they will NEED to do something about it.
Red or blue finish?
Personally I think it will be a friendly PE backed take private, taking out PI's with the II's rolling. Then use THG as platform to add some more Beauty/Nutrition brands, and pump some more volume through the Ingenuity platform. If they can do this, alongside some third party Ingenuity client wins, then THG becomes a very valuable group. The specialist Beauty market places are very valuable. What's the number that balances risk reward for PE so that they go alongside II's rather than wanting priority rights over nutrition/beauty as Apollo did (which killed the deal)? Probably in the £2's not the £3's. I believe this sort of deal is now doable as THG have stopped haemorrhaging cash, so any investor would be funding acquisitions not the day to day operation as would have been the case last year. Exit for PE would then be to break up the group once Ingenuity is at breakeven or dare I say it even profitable. JMO, feel free to critique
I suppose the question is will the next approach be 240p or higher? IPO 500p in September 2020, turnover has risen by circa 30% since the IPO in September 2020 and a £billion poured into Ingenuity and Brand promotion. I think the Middle Eastern backers within the 65% club would easily accept 300p today if offered by someone like Apollo? Kelso will keep pushing for something to happen and the Great Deluded One will have to yield his position at some point. JMO Adyor!
Agreed if you have got your average into a reasonable place and have time on your side, the upside Vs risk is definitely in our favour.
I do agree with @ moniman. The FUD narrative that this will just drift along at these levels in nonsense. II’s need a return. Either MM delivers a friendly event to unlock it, or II’s will break rank sooner or later and a hostile comes
into play.
A 0.8p discount on today's 64p high - get buying everyone. You won't get deals like this for long. A fine wolf of a company.
Reality is FUD have run out of bullets on this which is why all they can do is woof. Good news is coming and will take this up, whether it be improving macro, beating numbers, standard/premium rule change, capital event or a combination of the above. Just need patience
Ste2000 (green box) will soon be paid to go somewhere else when the rest of the 65% club force the deluded one to sell at 240p or more. They won't want their £millions tied up much longer when they could make £millions somewhere else than stuck in THG...the clock is definitely ticking down to some sort of capital event, be that a spin off or another bid approach by PE whether the 'Great Deluded One' likes it or not.. JMO Adyor
The latter...
Goodtimescombing or Ars01?