Member Info for BacchusII

Er…..Hunt….delayed by two weeks.

THG Beauty sector, 50% of sales has higher resiliency of demand in a recession.

Decline in price of whey, having absorbed the cost inflation THG will now benefit with whey down 25% from its peak.

Sale of SoftBank has removed an overhang of stock fuelling management buyout talk.

In May, board rejected a proposal of 170p.

Bank of America’s base case is shares should be 85p. My MBO starting price ;o)

Short reduction 0.21 x Shares in Issue (Methinks) 1,415m = 2.9m shares

To me it looks as if there aren’t many sellers which is pushing the SP up, caused by a good update and many LTH refusing to sell at low ball SP. Hopefully continue the upwards trend and even a MBO announcement before Xmas so we can all get our expensive presents.

Cuts to 38 pence from 39 pence.
These guys must have Shorter buddies.

….is surging, surprised this development is not being reflected in the SP.
I guess ‘big’ PI investors under 50 pence are locking in some profit.

You might have missed this boat if you haven’t bought. Expect a gradual climb back above 400 pence. Perversely, the better pound vs dollar exchange rate increases revenue but makes a US takeover more expensive. Um….still up is good, 370 pence tomorrow. GLA
AIMO

The Dollar vs Pound improvement past the 1.14 is even more to cheer about and probably why the reversal of earlier drop midday.

One has to remember that SoftBank was not only deciding to roll back its investment in THG but was folding its hedging company, basically a fire sale!
Shorters were betting on declines continuing and these results show no further bad news which is a relief.
Hopefully rerate back towards 100 soon.

Doh!
Makes no difference what your revenue is if your making a loss.
Thanks for the heads-up to sell at 50 pence. That at least was smart.

PETS recovery was over a long period.
The way your ramping is if an offer is going to come in at 600% above current SP. Lol.

What a blatant ramp. No MBO offer will be over 170 pence. Absolutely no chance when 250 pence would have seen current shareholders agree to a takeover.
Be at least a little realistic.

With Sterling improvement above 1.13 likely not going to get below 320 pence which we saw very recently. Personally, I think any price below 400 pence will see a profit at some point in the next 12 months.
Good luck.

MM is not going to keep buying and get QIA onboard so close to Tuesdays update just for them to be bad and the SP tank again.
Strategy to partially shield consumers from high raw material costs, mainly whey, looks so far to have been prudent with prices dropping. Therefore, margin’s should be improving.
The Shorties don’t know what they will be like same as PIs just guessing on economic issues. MM should have some idea, so who to put some faith into?

If MM was prepared to sell at £3 billion or £2.50 per share why does anyone think that an MBO would pay £2.50 per share it’s not going to happen. Unless, MM and QI decide to make a low ball offer 85 - 125 pence SOON and MM relinquishes Golden Share allowing other bids. Even then I can’t see an offer over 170 pence - in the CURRENT environment.
Maybe 12 months down the line, end of war and improved markets. But now, No Chance.

Did the market think Moulding was just about to buy entire SoftBank holding?
NO the market had no idea.

Well you should Short and make 40% then buy with all that profit.
Personally I think more like to be 500 pence than 200 pence.
Time will tell. Good luck with your Short.

Ha, ha, har!
The whole market is down and you think you have become Smart on a 3% drop which ist only a third of yesterday’s rise.
Please go boil an egg and the market will be correcting up again.

Agree. Never going to get 250 pence. Moulding was going to sell to bids at that price. Bids were in at 170 pence and even this won’t be achieved, remember there was a profit warning after.
85 - 125 pence is my guess. Sooner rather than later would be good for Christmas bonus.

Lending: Who we’re the 4% of shares added since IPO go to and when?
Ta.