Member Info for 100notout

Yes, you are right CheshireLad, it would appear that it was the Align hearing between the 5th-7th May and it's the Ingleston on the 27th July. So in that case if the Upper tribunal are refusing to allow a hearing it must mean that it's pretty guaranteed that THG will get the rebate or am I still missing something?

So if that is the case Stanley the earliest THG will find out is late August and potentially not until October.

there was a court hearing at the upper tribunal on 5th-7th may with regards to hearing if the lower tribunal made an error of law. does anyone know if this was to discuss the law on protein powders?

also do you not think it's a bit of a coincidence that 2 short positions go over the 0.5% mark within a week of this hearing. it takes 4 weeks or more for a written judgement but the solicitors in court would have a fair idea of how it went. if this goes against the initial ruling and the fact that 2 hedge funds go over 0.5% we will be getting more than a linkedin message from mm. how come the likes of the ft are so quiet on this. to think that mm's mate burnham could be the next prime minister. i can't see him ******* around with the fca next time when you have contacts like that.

If THG get the rebate and if they sell the likes of Bentley they will be debt free. The mkt cap will be less than the value of Myprotein alone implying a negative value for the beauty division. With WS Watson potentially listing in London this year and Boots the following year it will be interesting to see the values ascribed for these companies by the City.

Yes - Great news for Ocado another company disliked by the hedge funds. I hope the share price continues to rise for them. Hedge funds or their algorithmic bots don't seem to understand the potential for certain companies in a highly driven world of AI and automation. Funny that...

They probably think Amazon will take all their business away but the problem is that they have a lot of 3rd party sellers selling fakes. In fact Which did a report finding that 4 out of 11 cosmetic products bought from 3rd party sellers were likely counterfeit. Who would risk buying from certain websites when you can buy from official authorised retailers like Cult Beauty, Dermstore or Lookfantastic.

I wonder if MM will share at the AGM any details of possible asset disposals. If I put money on it I would say that Benley labs could be a possible contender. THG would certainly have enough for a buyback and just the mere suggestion should put the share price into the 50's.

It is the last working day of Spring and no formal reply from HMRC, probably because they want to delay the repayment.

Wow Stanley that is a serious allegation. Can you be more specific about your FRAUD claims and explain why you have to use a mnemonic device.

Business works on meteorological dates not astronomical dates. It's long gone since the rulers made their decisions from Stonehenge. Next we will hear that they need to sacrifice a f***ing goat and have a feast before the decision.

The tax deadline for filing the tax return is the 31st Jan. Not Ostara or Beltane . Even when one dies the executors of the estate have to file the deceased's tax return by the 31st Jan as otherwise the deceased person/estate will be fined and charged interest. So let's keep it legal and work with meteorological calendar.

Perhaps the FT would like to comment on this if we get a late reply and a late repayment.

Where can HMRC go with it if the Upper Tribunal refuses them the right to appeal.It's the end of Spring on Sunday. So in reality the last working day in Spring is tomorrow. Next week is summer and they are the ones that set the deadline and it was HMRC/Government that made the rules and the judge gave his ruling which was against HMRC and they have to stick to the ruling end of.

THG are awaiting a decision from HMRC. From what I gather the Upper Tribunal denied them the opportunity to appeal and it was HMRC which said that they would reply by the end of Spring so it's out of MM's hands.

Tick tock... The time for shorters to close.

I have read shorter books than some legal documents. It's not uncommon for law firms especialy the top ones to have their staff working until 2.00am if there is a deadline and let's face it the demerger was somewhat rushed, so mistakes can be made. If it is a mistake or an oversight I can forgive them but if it was done to benefit MM or the BOD I will obviously have a very different opinion and action should be taken.

The same sort of accusations popped up at DARK and even bogus reports were written by hedge funds but it was all hot air. In my opinion the short attack was to facilitate a takeover which happened as I can't believe the hedge funds did it for any other reason as I can't believe they would be so senseless or stupid to do it otherwise. I think they should have been investigated for foul play but they always seem to get away with it like murderers and rapists. Look at those poor young girls that were raped at knifepoint by juvenile delinquents. The victims and their families will have to live with that pain everyday yet the attackers were praised by the judge for their behaviour in court and will not be spending one day behind bars. So what do you want to happen to MM as the only ones who will literally be screewed are the shareholders. I really hope that MM pulls a rabbit out of the hat to really screw the hedge funds as they have been playing with this similarly to how a cat plays with a mouse.

Onsolidground - If this wasn't an oversight can you please explain how MM or the BOD would benefit. It doesn't seem sinister to me but I'm not an accountant or a lawyer.

When I have signed legal doccuments and I have signed more than I have wished over the years, I go on the advice of the lawyer. I would be surprised if every poster on here knew what everything meant on a legal document. The wording on the whole seems to be obscure. Some English people can't even comprehend Shakespeare but that's a doddle in comparison to legal jargon. It was a long time since I learnt Latin at school but it is the common legal language of Europe. Let's face it most wouldn't get past prima facie. So I am none the wiser and remain confused concerning the ratio decidendi. Law jargon leaves me feeling discombobulated.

I agree Sam but you have to remember that it's in someone's interest here to make people think that MM is doing something shady in order to have a negative impact on the share price after all the hedge funds have a lot of shares to buyback. If anything the admin error would probably rest with the advisors/legal team. It doesn't appear to be anything major otherwise they would have been fined.

I think it's a bit of a distraction before the VAT update which should be announced any day now.

It would appear that the FCR identified an administrative oversight because they failed to formally file the interim accounts regarding THG's corporate filings, leading to THG admitting an error and rectifying the issue by filling the missing accounts at Companies House. So it appears as though it was just an admin error rather than anything shady.

Beware of shorters intentions and do your own research. Remember some of them will want to buy back before the HMRC announcement. It's going to be bad enough for them if the Iran conflict ends. US crude went to $90 today so that is a good indicator some insiders know.

Ingenuity was not given away. Shareholders were given the right to take up shares, for those that didn't that was their decision. 88% of shareholders voted for it. It wasn't as though it was a 52/48 split. MM stated that it was mainly small shareholders who took up their Ingenuity shares, funny that most on here are against it, what does that suggest?

With regards to the hotel do you know what plans MM has for it? Perhaps this could be one of the asset disposals to buy back some THG shares.

It appears to be a mistake or an oversight from the advisors rather than MA trying to do something dodgy. The demerger was rushed through as the city wanted it along with the majority of shareholders (88%). I voted against the demerger but I took up my rights and subscribed for more Ingenuity shares. Most on here were saying Ingenuity will be worthless and were happy with the demerger but since the tie up with Google the shareholders who didn't take up their entitlement thought that they were 'robbed'. I suspect that some of these so called shareholders are hedge fund accounts trying to stir things up.

I think the shorters will try and make a big deal out of nothing but we are days away from the HMRC update and it looks asthough we could have an end to the Iran conflict. That will certainly have a positive affect on the market. Here is for a big rise this coming week.

It's quite possible that MA is playing with the share price but I doubt MM has anything to do with it as it would be illegal. I wonder if the hedge funds are working for someone to bring the share price down for a takeover as it wouldn't be the first time. It appears that way as why short now with potential news of the VAT update (unless they know something we don't) and the latest figures which show that the company is growing, reducing debt and has the potential to get the cash flow between £25m-£50m.

The hedge funds boys turned up with tanks against DARK that didn't end too well for you did it. Bullying tactics with fake reports to make money.

That's the short position for just one of them. There are loads more, the total shares on loan will be hundreds of millions. Whilst some have increased others will be buying back. With the latest takeover news in London some of the shorts will be getting a bit jittery as THG is a prime candidate.

"Nobody want to do business with MM" How about Shein, Muller, Mars, Greencore, Google, Iceland, Hyrox.....

Everybody knows that THG has been heavily shorted by the hedge funds and the price is cheap so it's just a matter of time before a bid or JV materialises.