Member Info for AnacottSteel1

I’d say a 9% rise is significant something happening…

Yup ASOS down 7%!

I particularly like this paragraph from the termination RNS..

The actions undertaken by management since the beginning of 2022 to improve operating leverage, reduce capex and generate working capital efficiencies, coupled with ongoing deflation in whey commodity prices, underpin significantly improved profitability and cash flow neutrality in FY 2023.

I just don’t see it Moulding must have it covered surely after building a £Bil+ company he’s not just gonna let it be taken away. He has to have a Plan B he’s many things but he’s not Stupid.. The Good Lord going in heavy, his mates going in heavy, QIA, the ii rejecting £2+, MW etc not returning to Short all point to a Plan B.. IMO I’m normally wrong on anything THG so WTF do I know!! GLA

That’s the no1 question @licker what is Moulding saying to the big players that Kees them in. He must have a major play to make and they are aware of it & giving him the benefit of the doubt. But that will only last until September cause if they don’t get paid it’s everyone for themselves… Deal will be done IMO

THG will deliver one way or another before GS expiry personally I think we will do by end of July. He’s either selling part of beauty/nutrition to a whale say 20%.. Or he’s taking it off the market with QIA.. You have to ask why did MW & the other big shorters close out and remain out (or below 0.5) They know something still brewing & not worth the risk to short it with the GS deadline approaching. Could also be that they know Apollo will try another way.. They normally know especially MW… IMO DYOR.. Have a great long weekend everyone enjoy the sunshine.. I’m off to a beer festival!!

Cheers Rodders.. Nice find mate..

Back in @56.81p I simply can’t resist and can’t believe I still have the opportunity to further avg down!! Forget PE - The whole world is changing all the headwinds are disappearing one by one this will now Bag on its own anyway. In an amazing position now either way. GLA LTH

The Company confirms that the profitability and cashflow improvements delivered during the first quarter of FY 2023, have continued in Q2, along with ongoing online sales momentum further supporting the Board's full year guidance. The actions undertaken by management since the beginning of 2022 to improve operating leverage, reduce capex and generate working capital efficiencies, coupled with ongoing deflation in whey commodity prices, underpin significantly improved profitability and cash flow neutrality in FY 2023. The Company reiterates its expectations to deliver positive free cash flow in FY 2024 and adjusted EBITDA margins of around 9.0% over the medium term.

I remember some on this board went to last years AGM & all over in 5 minutes & NO questions.. I didn’t go but that was what was reported back. Probably long since sold out but I’m sure others remember last years AGM and can confirm…

What are you lot on about… seriously @polish get a life get your head down and ride it out until the next capital event. It’s not rocket science - this board has become painful reading recently hence I’m rarely on here anymore. GLA LTH

@wildtiger bought 30 shares sold 24 bought 15 shares sold 18 then got confused and emptied his bank account buying 104 shares hence the huge spike!…

Onwards to next results & GS expiry..

The Company confirms that the profitability and cashflow improvements delivered during the first quarter of FY 2023, have continued in Q2, along with ongoing online sales momentum further supporting the Board's full year guidance. The actions undertaken by management since the beginning of 2022 to improve operating leverage, reduce capex and generate working capital efficiencies, coupled with ongoing deflation in whey commodity prices, underpin significantly improved profitability and cash flow neutrality in FY 2023. The Company reiterates its expectations to deliver positive free cash flow in FY 2024 and adjusted EBITDA margins of around 9.0% over the medium term.

Because they know he has GS not sure he could count on 65% in September if £2.50 comes in & SP is 70p! That’s why he must have another plan of some sort of deal in whatever format prior to GS expiry. We are still very much in play for a capital event in next few months…

It’s very different this time around as already well documented GS expires in 4 months. It seems clear Moulding has already had his deal elsewhere.. In what format that is we do not know but after giving PE a big ‘Up Yours’ he 100% must have his deal sorted.. It could be revealed at any moment or I can wait a few more months. IMO

* Fairly high averages

@manc I just don’t think Moulding is the type of bloke to screw over the charities, friends, family many who would have fairly averages.. IMO

Kelso Group Holdings Plc ("Kelso" or the "Company")

THG Update

Kelso notes THG's announcement whereby it has terminated discussions with Apollo. We note the comment about previous views of the board being on 'public record' which we take to mean the previous rejection of 170p a share from a year ago.

Kelso is pleased to see that the current positive trading momentum has continued during 2023 with improved profitability and cash neutrality in the current year. We note the comments about cashflow positivity in 2024 and a 9% EBITDA target in the medium term, which would produce £200m EBITDA on c.£2.22bn of sales.

Kelso previously made a clear statement setting out what we would like to see THG do. This included a focus on cash generation, a move to the premium index of the LSE from the standard index, a share buyback which we would urge the company to enact rapidly, clear shareholder communication and a clear value realisation plan.

Kelso invested in THG because it believes in its strong underlying value. We believe more strongly in this view following this morning's announcements (RNS and LinkedIn) which clearly show the board of THG and Apollo also share this view. We also note the tailwinds from reduced whey prices and logistics costs and reiterate our previous comments about the sum of the parts valuation of the business being well above the current market value. We commend Matt Moulding on his open and honest LinkedIn post and look forward to being able to remain a shareholder of this exciting company.

He is the Tool!

All of it you idiot…

Thanks for posting Mouldings comments much appreciated. Onwards & Upwards…