Member Info for 100notout

The main person responsible for this mess is MM. He has annoyed the city so they don't invest and they leave it for the hedge funds to play with the share price along with a few of the larger investors. Since MA's involvement the share price has been kept down and when it did rise over 50 it didn't stay there for long. APN makes a decent profit so I see no reason why THG doesn't make more considering the economies of scale etc. I suspect Kelso have sold their position as they have gone quiet or is this because Selkirk plan to make another bid for Myprotein!!!

You wouldn't work for MM or MM would you Stanley?

Clever.

Franalex - If this were to be the case then why do the vast majority of shareholders vote for the CEO and the Chairman? They obviously have more faith in them than the hedge funds do.

The VAT potential rebate of up to £60m will be a much needed shot in the arm for THG. Not only will it reduce debt they will not have to pay VAT going forward on the zero rated products. How much is that worth every year?

Also there is the potential of a possible subsidiary sale which could feasibly eliminate debt altogether. It will only take one of these actions to change the direction of the share price.

I am expecting THG to be a profitable company paying dividends as otherwise i wouldn't have invested in the first place. Patience is required Stanley. They will be able to increase prices soon enough as they are undercutting the competition.

Perhaps Stanley you would be better served taking this issue up with THG and its BOD rather than posting the same message multiple times a week. I think you have made your point but it's getting rather monotonous now.

Hopefully THG are close to being highly profitable and in the position of paying dividends soon. The potential VAT reclaim would be a positive for starters.

SJ - It was and I did feel sorry for Poppy Gustafsson but I though she did a sterling job defending Dark against the attack and leading the company. If only she was the Chairperson at THG.

I remember a very similar pattern at Darktrace where the price was sold down by Hedge funds and loads of cretinous comments from posters exclaiming that the directors were acting illegally and that the company would fail and go bankrupt. It was taken over for 620 a share that equated to $5.3BN. The job of the posters were to terrorise small shareholders into selling. One US hedge fund even created a bogus report. No depths of depravity for some of them but they have to live with themselves and karma.

I don't see why not.

Something is happening untoward with the share price. My take is that THG is being set up for a takeover, if that's by MM or another party I don't know but after everything THG has achieved the share price shouldn't be at these levels. Who in their right mind would short a company knowing that a possible £50m rebate could be awarded soon or a possible spin off of a subsidiary. Both of the divisions are growing and Myprotein has new collaborations which will broaden the range and enlarge brand recognition. The risk reward at these levels is not here for hedge funds after all their objective is to make money not gamble on grudges . I have seen this pattern before pre takeover. Lots of selling and a barrage of constant negative comments on boards like this.

Do you think that circa 90% of shareholders would have agreed to the demerger of Ingenuity if Google were onboard at that time? I don't.

The capex at Ingenuity has decreased circa 30% and ended the year with net cash and liquid investments of c.$192.2m . This figure would have increased since the sale of UK2. I have no idea of the amount received as it wasn't disclosed but it was purchased for £58m in 2017.

The shorts have obviously benefitted but not as much as MM. He has ended up with a large percentage of Ingenuity and has got a cln done at 32p. So much for 170p not being enough. If THG falls a bit more then Ingenuity will have a higher market cap. The narrative is there for MM to take THG private. Perhaps we will be offered 1 Ingenuity share for 2 shares in THG.

If THG are successful with regards to the VAT reclaim then they should use it all to buy back shares. This is being played with by the hedge funds. If I was the Chairman I would suspend trading with immediate effect.

If the share price stays at these low levels a predator will approach so the wait for a higher price may not be that far away . Myprotein alone must be worth the current EV.

Perhaps it would be wise for you to use his well known quote of “Spend each day trying to be a little wiser than you were when you woke up". The SA miners use EBITDA are their earnings bs. I don't think so... In fact they are responsible for the current strength of the ZAR.

They will probably release an RNS with two/three developments.

This should be over £20. hopefully a quick run as hedges buy back.

MM has stated that hedge funds are to blame then he has to bring out an RNS that really hurts them once and for all. If you are right Crafty and reckon Dermstore alone is worth between £350m-£500m well that would be a start if he could achieve close to the upper price. Or perhaps selling ESPA for £200m would lower the debt to less than £100m. There are options and don't forget the hedge funds won't want to be short when the VAT reclaim verdict is announced. No doubt they will be getting out a week before the verdict as a potential extra £50m is about 10% of the current market cap.

I would say it's MA playing with the price whether or not MM is in concert with him is another matter. I wouldn't be surprised if MA pushed the price down in order for MM to get the cln on the cheap . The worst thing to happen for THG was the time when MA became a shareholder as the share price has been suppressed similar to ASOS's and Boo's. It looks as though he won't be happy until he has either taken over the opposition or killed them off.

I thought AS Watson were planning a London IPO. Weren't they interested in taking over H&B who use Ingenuity? The plot thickens...