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Yorek. You seem infinitely wiser than me and certainly more knowledgeable about the businesses and industry that THG is in.
I do feel however, that you are slightly naive when it comes to the management of this company.
“ given Allen was in the Chair at the time, MM didn’t make that up”
What a load of nonsense. This ridiculous nomination doesn’t mean he’s had his finger on the pulse of THG or, indeed, done anything at all since his appointment.
He’s MM’s paid lap dog.
Don’t tell me you’ve all become fans of this buffoon overnight?!?!
THG's 2023 performance came in as expected, with all divisions getting set for growth, Liberum analysts Wayne Brown and Anubhav Malhotra say in a note. The e-commerce company--known as the Hut Group--reported a robust margin recovery in nutrition, which enables a return to faster revenue growth in 2024, they say. The beauty sector registered a return to growth in all areas and also a robust recovery in margins, the analysts highlight. Added to that, new contract wins for its Ingenuity platform will compound into 2024 with a solid pipeline, they say. "2023 saw material improvements in governance and now with expectations being managed tightly, confidence in guidance and the outlook should underpin share price recovery," the analysts say. Shares are up 9.8%.
I strongly suspect that Kelso will be investing elsewhere. They are looking to dilute their disastrous investment into THG as much as possible. If they get known for having only one major investment, and thats in THG, it will be their end.
OSG will have to find a new obsession.
Knowbodyyouknow.
Youre absolutely right. THG are probably doing brilliantly.
Theyve just been called lower because of ASOS and BOO.
Also, noone's blamed those pesky market makers recently!!!!
Anacott.
I hope you’re right. But even you, must concede that MM has a history of over promising and under delivering. Even you, must concede that THG is a leaky ship. Even you, must concede that it doesn’t look good. Even you, in the past , has said that THG can not be compared to the likes of ASOS and BOO.