Member Info for 1pencil

When you take a step back and look at what is transpiring here it is awful, no CEO of a listed company should have to come forward and defend his own company this way.

The only reason this buyout is proceeding or happing in the first place is down to lack of oversight and 'bullying', if THG were listed in say HK this simply would not be allowed to happen.

What's even more galling is the high fee's charged by LSE.

Canary, think THG Ingenuity use age verification for Heinz Vodka sauce on Heinz to Home, maybe others too.

Need to get some whet stones for that knife, prefer flat myself but rods also good ..

Day 3

Long positions, previous notified holdings in (brackets)

Ophorst Van Marwijk Kooy Asset Management 1.94%

Balderton Capital (UK) LLP 7.46%

BlackRock, Inc (1.23%)
BlackRock, Inc (1.24%)
BlackRock, Inc 1.23%

The Vanguard Group, Inc. 2.62%

Sofina Capital S.A 8.89%

Total 22.14%

Notifications deemed trading or prop accounts omitted

There are so many permutations as to the final outcome its impossible to tell at this stage, my own view as in yesterday's post is this has now become a circus and a huge, costly distraction for management - the only people that benefit are media and fringe speculators who rely on social media advertising.

The die has been cast of that there is no doubt, Matt's post was a 'call out' to those responsible for market oversight in no doubt as to why and what has happened.

Its clear also that Matt has struck a nerve with other CEO's of listed companies posting in his defence, also M & A funds in support.

Kelso leaving is a tad late for this months AGM?

This does seem to be a general consensus davey, almost daily articles with companies expanding entering the Chinese market afresh

"There will be abundant opportunities for collaboration between US and Chinese companies in the coming years, especially in the areas of healthcare, manufacturing and information and communication technology, said a senior official representing US businesses in China."

https://investinchina.chinaservicesinfo.com/s/202304/13/WS64376cdc498ea274927b71e3/amcham-head-bullish-on-sino-us-opportunities.html
-----------------------------------------------------------------------

Clariant seeks to expand footprint in nation with new facilities in pipeline

http://www.chinadaily.com.cn/a/202304/19/WS643f3efea310b6054face681.html

Worth reposting here, cheers London

So then, what do we have here.....

Now someone from Clayton, Dubilier & Rice has just liked Mouldings post!!!!

Has someone just slipped up a little!

Coincidentally CD&R were one of the interested parties from early last year!

https://finance.yahoo.com/news/u-private-equity-giants-circling-123251186.html

Betaville did confirm SEVERAL HEAVYWEIGHT INSTITUTIONS are looking at THG

Sorry Novice82, posts crossed, takes me an age to write anything these days lol

Yup, its 1% or more to declare within 10 business days.

Surely all those 'other' parties from this time last year are still interested, after all the share price is around 50% lower, has to make it more tempting.

Belerion and Candy are past their six month cooling off period so again could theoretically join the fray ..

couple of bits thinking out loud;

Currently Kelso is below the notifiable threshold for Rule 8 notice to apply, not sure about Sparta could be a surprise there?

Will we see 8's for Belerion & Co, perhaps even Candy still in the game ?

Background info

BlackRock Now Owns 4.80% of Apollo Global Management (APO)

https://www.nasdaq.com/articles/blackrock-now-owns-4.80-of-apollo-global-management-apo

Apollo hires three BlackRock MDs to lead PE secondaries buildout

https://www.secondariesinvestor.com/apollo-hires-three-blackrock-mds-to-lead-pe-secondaries-buildout/

Blackrock increasing by a smidge;

Long positions

Ophorst Van Marwijk Kooy Asset Management 1.94% 25,266,659

Balderton Capital (UK) LLP 7.46% 96,947,470

BlackRock, Inc 1.23% 16,110,551
BlackRock, Inc 1.24% 16,111,854

The Vanguard Group, Inc. 2.62% 34,023,301

He has some good connections too, Penta Capital for one ..

..so far

Long positions

Ophorst Van Marwijk Kooy Asset Management 1.94%

Balderton Capital (UK) LLP 7.46%

BlackRock, Inc 1.23%

The Vanguard Group, Inc. 2.62%

Total 13.25%

From yesterday's 8's

Ophorst Van Marwijk Kooy Asset Management N.V. ( OVMK )

Long

25,266,659 - 1.94%

Ophorst Van Marwijk Kooy Asset Management N.V. ( OVMK ) is an initiative of
Diane Ophorst and Reinhard van Marwijk Kooy, both ardent supporters of the successful investment style “ Value Investing ” for years.

.. the uninvestable crew return ..

JPMorgan raised its 2023 growth outlook to 6.4%, up from a previous forecast of 6%, saying the latest quarterly report points to further growth ahead.

https://www.cnbc.com/2023/04/19/jpmorgan-citi-chinas-full-year.html

GameStop MkII

smartpee, this is the year on year dilution, not quite 30%

Balderton Capital (UK) LLP

Long

96,947,470 - 7.46%

--------------------------
Tuesday 24 May, 2022

96,947,470 - 7.94%

Cheers Oxford, will lookout for his posts.

One of the replies which I am sure many agree with, I do 100%.
--------------------
Jamie Gallagher

CEO at Fentexa

Well said Matt. The company needs a new home. Somewhere that appreciates the work you and your team do. But has to be done at a fair and honourable price.

Many of us friends, colleagues, employees, charities etc have invested heavily in you and your management team over the years and as you said 12 months ago “£1.70 significantly undervalues the company, no deal!” We are in a much better position 12 months on, we are all counting on you. Good luck over the coming weeks.

Just read Matts Linkedin response, way to go Matt!

Gloves are off with nothing to lose, it suggests board backing too given yesterday's release.

..off to get some pop corn..keep it up Matt!