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Why are there far more negative posts this morning.
Last night the majority were very positive.
That is when long term holders were looking.
I can only conclude that some of the negativity is by the very people he called out last night.
Hence, I am a buyer.
Logic simple, the golden share going, bidders circling and when even Bloomberg says this would be better private.
I think why not?
Have a great day, and I enjoyed the video.
Andrew
MM really pushing this down.
Have a look at the amount of people who never comment on THG coming out of the woodwork.
Tells you all you need to know.
This is going private but don't ask the MM and shorts to make your life easy.
I await the next announcement with interest.
The more comments we get about how bad THG is the more confident it makes me.
The Steve not in hull, must be getting pretty desperate as the share price keeps rising.
Getting exciting have a great day to all long term holders.
Andrew
Last week we hit a nice milestone in our Myprotein x Iceland Foods partnership. Within a few weeks of launch, over 1m Myprotein frozen meals have been sold, representing over £5m of Sales. Performance could have been even better, with supply struggling to keep up with demand.
In early 2011 we bought a small brand called Myprotein. It had annual sales of c£20m, selling large bags of protein in a few key flavours, to a hardcore customer base UK gym-going young men. It's fair to say many laughed at us paying £58m for the brand (picture in this post is from the time of the deal).
12 years on, Myprotein is now the World’s No1 Nutrition brand, having grown revenues by c35 fold.
Since day 1, our focus has been to build Myprotein into a truly global lifestyle brand, appealing to men and women all over the world. It’s a tough journey. Brand building is far from easy. Anyone who says otherwise is disingenuous.
To manage “Brand Stretch”, we launched Myvitamins, Myvegan and MP athleisure as sub-brands. We built in-house manufacturing in key markets, allowing the launch of quality new products faster than others. There are obvious cost savings too.
To maximise payback on these investments, Myprotein also produces products for other brands, even brands like Mars. This is common at THG, selling our expertise to 3rd parties. THG Ingenuity was created on this principle. Many wouldn’t know that THG Beauty makes countless products for well-known global Beauty brands, both from the UK, but also in the US.
This is how we’ve scaled THG through the years. We see an opportunity, invest in it, then sell the expertise to get faster payback. This principle of partnerships is everywhere at THG.
Myprotein x Iceland is just another example. We’ve known the opportunity in frozen foods for years. But it’s a complex category to make work online. And so, we’ve looked to solve this through partnerships.
Like THG, Iceland has many layers to its business model. It’s the UK’s leading frozen food specialist, with Sales of c£4bn pa, including c£1bn online. Each year Iceland has a clean sweep of industry awards for the success of its licensing partnerships. It even has a division selling frozen foods to other major grocers. So similar to THG....
The Myprotein team sign off on range, nutritional content, taste, design and packaging, while Iceland takes care of the rest. The initial range focuses on frozen meals, with Pizza and Ice Cream ranges launching in April. Through the partnership we reach some overseas markets, and where there are gaps, we will look to establish similar partnerships.
It’s early days, but everyone is benefitting so far. Myprotein customers are accessing a whole new category of exciting products. Iceland is attracting a very different customer, helping expand their all-important footfall. THG is continuing to build on the Myprotein brand journey.
Onto the next category and partnerships now
Anyway makes a change from res
At some point we get an RNS , until then we will have the Steve's posting 5 times per day trying to talk this down.
It would be a shame to miss out in the future because you listened to people who have their own motives that do not align with yours.
They will try and sound reasonable but they are not to be trusted by long term holders, they are just trying to get you to doubt yourself.
Unfortunately, we need to be patient, not much fun I know.
Have a nice day all.
Thank you Hosai,
No surprise one of the Steve's has posted 3 times to try and distract.
I get the feeling they are trying to hard.
Hence, thought it worth reposting
;-)
Enjoyed this advfn post from Billionaire Bob:
"Also posted some bullet points to help you with your research.
The market demands THG cut costs and increase margins.
From latest RNS - 50M Free Cash Flow H2
2000 staff reduction
100M cost savings with a further £30M to come 2023
Capex reduction
Cash flow positive FY 2024
EBITDA margins in excess of 9.0% over the medium-term
Plus:
Record sales of GBP2.25 billion in FY
Shorts reducing
Whey Prices falling
Group bids of 3.9B and 1.7B rejected
Plus:
Several, that is between 3 and 5 whales in the pipeline
1 billion GMV for 2023
Ingenuity is currently priced at zero
WWP copy Ingenuity and failed badly
Ingenuity space for 14 billion GMV
CEO - ex Salesforce
8 of the top 20 Global FMCG Clients, including Coca-Cola, Nestle, Modalez
New fulfillment centres in New York, Dubai, and Melbourne
Iceland Strategic Partnership
Plus:
THG Beauty and THG Nutrition
Both No1 pureplay globally in their own market
Cash Acquisitions £900m+ in 2021
Qatar Sovereign Wealth Fund is a major holder
CEO has bought £38m worth of shares in the last 18 months
Chairman appointed in March 2022, has bought 2.4million shares
Valued at x0.3 in USA valuations in 2022 for similar 33 times more
MBO rumours are rife in the City
Analyst values THG Beauty more than the whole group.
FCF by 2024
Numis caught red-handed spreading FUD about accounting
10 Million apps downloaded
80% returning customer rate
Plus:
THG share price rising 8% on low 1M volume
Still, 56M shares on loan and 60M will be needed for the THG listing at 5%.
That's 116M shares required from a very small float
If 8% upward movement on 1M how much movement on 116M - WHOOSH!!
Plus:
Kelso shares are up nearly 250% in just a few months
THG shares are up 100% since the recent ATL
Kelso ALL IN on THG
Kelso looking for undervalued comps & reverse TOs
Kelso CEO knows and respects MM
I agree with The Bank Of America's buy signal and there statement
The Hut Group business could offer one of the highest returns in online retail."
Guys always difficult to work out what is happening when people on here come up with a random statistic that proves their point.
I have just typed in performance of THG over last 5 days. google finance, and got ASOS up 24%
Boo up 19% and THG up 20% so what is the big deal.?
I had a read of some of the messages yesterday and if I was a MM I would have loved it, Matt M does a post on linked in and hysteria follows we are all doomed....hence I would have dropped the price and picked up a few cheap shares. Then marked them back up in the morning, they must have giggled all the way to the bank.
Knowing that positions are being built by serious investors but some listening to the the Cassandras, I wonder if her middle name was STE.
My view plenty of bleating to come on here as the price is going up, so try not to be distracted by the noise.
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And you only make comments when this goes down and never ever anything useful.
You hold no shares and have zero intention of ever holding any.
I suggest people are just bored of you doom and gloom.
Fair comment? The truth, yep........you should be ashamed but you are probably smirking, sums you up.
good news,
3 positive bits of macro good news,
Fed and inflation
Lockdowns easing in China
Ukraine and Russia talking on Kherson.
No surprise ARK up 1.5% so far today.
This will have another great day, same for next week.
;-) can not stop smiling.