Member Info for Bwana4

Hi Pearls.
What a silly mistake by me !!
Thank you for noticing it ! Completely throws the equation out of the window !!
Many thanks for pointing it out.
Let's see how things pan out tomorrow.
ATB.
ATB.

Pearls, yes of course. A silly but a big mistake by me !! Thank you for pointing it out.
LOL, I should really give up the drinking, but I enjoy it too much.
ATB.

Guys there are a lot of PI's on here that are not aware how a LTD. Co . Works IMO.
This post is without prejudice towards anyone.

When you are a CEO of a Co. You have to look at the company like a second person you are working for . In a simple way of trying to explain being a CEO of a LTD Co.

When a Co. makes a loss, that loss is carried forward regarding TAX ie. The Co. does not pay any tax on profits until the profit exceeds the previous loss figures.
According to Bloom16 it is £500 million loss is being carried forward by THG accounts.
Explained simply.
MM to the Accoutant " What is our TAX bill this year ?" £ 500 million is the answer from the accountant. MM " So we pay 0 TAX this year". Yes, is the accountants answer.
Oh' same as anyones trading account on a Nominee Account in shares, excluding an ISA.
So when one is trying to value THG add £500 million to the value because THG does not have to pay any TAX until the TAX bill exceeds £500 million on profits made by THG.
There has been takeovers of Co.s becuse they carried major TAX losses in their accounts.
IMO whatever THG is valued at todays price deduct £500 million from it. Hence THG is way under valued. The £500 million allowance is from the Taxman. When THG makes good profits and the TAX bill say works out to be say £501 million . THG will only pay TAX on £100 million.
I just thought I would try and clear the TAX matter
regarding THG.
ATB.

IPencil , thank you for your reply and the link.
Oh' I don't worry, as I personally probably would be around quite sometime.
As you may have noticed my opinion has been THG as a strong buy on majority of my posts.
ATB.

Good afternoon all.
MM has to pull a rabbit out of the hat if he wants to keep hold of THG or he for sure will be voted out.
Nothing new regarding setting up your own Co.
The hardships you have to indure to make a successful business. The financiers do suck your blood when you are desperate for money.
It all depends on how hungry a person is for money too. We all have different mindsets regarding our achievements and huger for money and power. Been there and got the shirt too.
Not long to wait for the results for the three separate segments of the business.
One can then decide weather to stay invested or move on. I still have this feeling that he is going to surprise us all. No serious reason I can give for my assumption. All I can say is if good things come to light the shareprice will rocket. A lot of shares will have to be bought back and the 250 Tracker Funds have to buy in Oke has pointed this out many times.
Who knows, he may announce that he is giving up his golden share. He also knows that September is not too far away.
He sounds relaxed in his post. He would be a big loser financely if things don't improve drastically and the shareprice does not go much higher.

P.S the spell check does catch you out at times!!
LINKEDIN or LinkedIn?? It caught me out the other evening !! LOL.
Anyway GLA and ATB.

Good morning.
I think the drop in the shaeprice today is possibly people moving their holdings into an ISA.
I have just asked my broker to do a bed and ISA transaction for me. It will take a few days for them to do that according to them as they are quite busy. ISA season !!
Also the TAX laws has been changed.
I can't see any other information for the drop in the shareprice.
ATB and GLA in whatever you are invested in.

Oh' one last post.
I remember when Astra Zanica was spun out of
ICI ! ! Anyone remember that ??

Rock8.
Good evening to you again and other posters too.
At the moment we all are travelling on the same ship too.
THG has been going through a storm in the past times recently. Don't forget the macro environment this big tanker had to go through !!
Let me give you some examples in the past stockmarket examples.
Anglo American's shares fell to £2.50 if I remember correctly, Glencore's to around 76P !! Just trying to remember correctly time has passed by.
What price are those shares today ?? Anglo got to around £ 28 + and Glen are around £5 !! It is understanding the market in general. Experience plays a big role to understand the market. When to play it and when to sit back on the sidelines too. I think I have seen four market crashes in my time ! I have lost a fortune and later made a much bigger fortune too. The stockmarket can be a life changing experience too. By doing enough DD one can pick winners. The most important thing is having done your DD.

Let's move on to THG now. There are 3 divisions to this business. The one alone is worth more than what the market values THG at !! MyProtien is the most exciting side only at the moment !!
This is only my view, wait until Ingenuity kicks in
LOL now that would surely give me a personal satisfaction. I am not the type to look at things complicated. I look at things with my own logic.
No advice at all to anyone from me !!
It is called a sixth sense in business. Do I still possess it ? Five working days to wait for the answer.
I am quite enjoying the waiting time. If not satisfied to my satisfaction then I will move on to new pastures.
LOL a friend bought me some Rakhi and I have been enjoying it !! It is the equivalent in a way to Parnell in the UK I don't know if I spelt it right !!
The white anaseed alcohol.
Ah' I have been quite active this evening. Not my normal self !!
A very good evening to all.
GLA and ATB.

Have a good evening too Rock8.
Forget the past misunderstandings.

Good evening to all and sundry.
GLA and ATB.

Bucklerfern I don't understand your what you are implying !!
Clarify please . My moniker should tell you that I drink jungle juice at this time of day.
Kenya was the place I grew up in.

Rock8
Completely O/T. My apologies to the other posters. Perhaps I will get banned here too !!

Let me tell you a bit about myself. Execs profits I make go to the needy of this world. I won't take the money to the grave with me ! I choose the people I help. I do not contribute to charities.
A little story out of my life .

I was on holidays in Izmir in Turkey. A young waiter served me my breakfast every morning.
He was a tall young man around 30 years old.
I speak 6 languages. I speak Turkish reasonable.
He used to put his hand in front of his mouth regularly. I asked him why he did that ? Then I realized his teeth were rotten. Why not see a dentist ? He said he or his family could not afford it !! Oh ' I asked him if he had a girlfriend? His answer to me was" What girl would like a man with rotten teeth sir ?". Well he was a candidate for my help. I gave him some money to go and see a dentist. He came back within a couple of days that the dentures would cost around £1200.
I told him to go back to the dentist and offer £800.
Eventually the price was agreed at £900.
I gave him that money and he had new dentures.
He was a very happy young man when I left.
Around a year later I was in the same hotel.
The young man still worked there. He was a completely changed person. He had got his confidence back. What's more he had a girlfriend and they were getting married soon. I was ofcourse invited to the wedding.
That was a few years ago. I still visit them and now they have a baby son in their life.
What pleasure I get from all this ? Only I know.
A girl in India is a doctor now because I paid for her to become one. 7 years I payed for her abduction. She too now is married with a daughter that is around 7 years old now.
Money and more money !! Do what with it ??
Power and excess money are corruptible things.
One day we will all pass through that door of death !! We can't take anything with us.
It amuses me when I see all this race for money and power !!
Noting much different to what MM is doing in his way. He was very unhappy because 200 people lost their jobs.
GLA and my apologies for the O/T.
ATB.

Rock8.
Please stop getting stressed and do other things in life ! Today won't come back !! A day wasted !!
You sure had a dindong with me on ADVFN !!
Have you forgotten? I don't post there anymore because ADVFN banned me !! I call a Spade a Spade. Don't put any money in the stockmarket that you are not prepared to lose !!
All day you are there in front of your PC !! L2/3.
Is money going to make you happy??
I am in a nice warm place. Happy as a Larry.
Biox was your moniker on ADFN !! I may be old but I still have a very good memory.
Try and be relaxed in life please.
You get upset too quickly. If I remember correctly you wanted your 90 P investments back ?
Well I think you will get your investment back but please show some patience.
Good Luck to you and me and a lot of others too.
ATB.

Finish off !!
The stockmarket is the worlds biggest Casino.
LOL !! Too much happy juice !! :-)

Kando, it is purely my gut feeling regarding Ingenuity.
I too ran a Co. of my own many moons ago. Sometimes as a CEO you can expand too quickly and the finance burden can be stressful. Many other things also play their own role as a CEO. It sure is a stressful job.
I think MM had some wrong people involved working for the Co in some areas.
He is and was a great entrepreneur. He also had luck on his side.
A private Co's CEO is a person that is completely in charge of that Co.and he is responsible for all actions taken by the Co. He answers to no one except to the authorities governing Co. laws etc.
It is totally different to running a public Co to a private one for sure.
MM does not possess the qualities of a public Co. CEO in my humble opinion.
He became intoxicated by the money when the Co. was IPO'd and his personal success.
The hotel , spa extra were invested into to impress the future clientele. He personally is a very rich man. He contributes to charity, he does a lot of good as well. He employs a lot of people in the UK and abroad. No way can I knock him as a person.
He was very unhappy recently when he had 200 staff made redundant.
The thing now is that he has forgotten his past to a degree as a poor person being bought up in humble upbringings. Arrogance moves in at times.
The money at times changes people. I hope he realizes that he can't run THG as he used to.
He now has shareholders to whom he has a responsibility to. He also has to answer to them.
Especially PI's and II's.
The reason I did a top today was seeing the new website for Ingenuity. My investment today was purely for pychological reasons. Because I feel I can read MM to a certain degree. He needs to prove to the media and his investors that the Co. is moving forward on the right direction and it would become a success story again.
It is still early days for THG.
As the sage Mr. Warren Buffet says " If you invest into a business you must be prepared for a 7 years investment ".
Or words to that effect. There are too many here for jam tomorrow IMO. If only life was that easy !!
MM sure would not want to loose control of his baby that he has nurtured most of his business life. It is oneupmanship too to the media and the rating agencies too. He wants to prove them all wrong !!
Oh' like they say " You can please some of the people some of the time but you can't please all of the people all of the time ".
Let's wait and see what develops in the results day. Not long to wait either.
Enough of my ramblings.
There are far cleverer people on this BB thred.
I am just a humble investor to pass my time as investments are a hobby for me. I mainly look for investment in AIM and odd times I invest in the FTSE 350 when a bargain shows up.
Yes money won't buy you happiness. It can buy you comfort. If you have none then you sure are in trouble. Seen it all and I have won the shirt as well.
ATB and GLA how you gamble your money. For the stockmarket

Well I did my final top up today. I still feel THG shareprice is still too cheap. I had to sell some shares in another Co. to do my top up here .
I can always buy back the sold ones as news there will come much later in the year.
My average now is 83.22P and I am happy with that.
I think MM will surprise the market with some very good news around Ingenuity. I have a very strong feelings that things have developed nicely for Ingenuity. He may announce Whales etc who knows . New website for Ingenuity is a hint IMHO.
He has to get the share price moving in the right direction as he is feeling the heat now IMO .
This is his lifes work and he does not want to lose control now. He has to pull a rabbit out of the hat.
Not long to wait now either. Results due on the 18th and hopefully leaning favourably towards the upside for the Longs.
I don't really care about PI's playing on both side of the fence. It's up to them as they please. It is not much use spreading FUD as Algos control the shareprice here.
If good news is announced then they will have to pay more to get back in. Everyone to their own.
GLA and ATB in whatever you are invested.
NAI ofcourse.

Good morning all.
Boom, LOL well said sir. :-))
I ofen wonder if some Investors actually understand the working of the stock market !!
ATB and GLA.

Some excellent post by some well researched posters today. Excellent work guys and thank you for sharing your research also time taken by you to share it.
1 Pencil I love the way you call a Spade a Spade.
LOL you have hit the nail on the head by your post today.
Ever sharp as a Pencil.
ATB and GLA. :- )

My complete apologise. Wrong header !!
I blame the alcohol !! LOL .

Guys one thing that has to be remembered is that MM has been in his past a great guy in his business and making THG what it is today.
I lift my hat to him for that. An excellent businessman with luck on his side too.
Once you become a listed Co. You are no longer that business owner ! This is what MM so far has not been able to comprehend ! I am sure he has the best intentions for it to be a very successful business but I wish he would stop dishing out shares to keep his workforce. He dilutes us shareholders by doing that !! He does what he feels like !!! You can't do that willy nelly as a listed Co !!
He forgets that THG no longer belongs to him !! One thing I feel sure about is that THG is way , way undervalued.
Oh' one more thing ! Who invests in a Co. because the so called ayanilist say so !! I have always analyzed my own Co. Investments.
The so called Guru 's are only trying to protect their own a**e. From my point of view MyProtien is worth a lot more than what THG is valued at correctly.
What about Beauty and Ingenuity they seems to come for free ??
They have given a fat 0 to Ingenuity !!!
The so called Analysts !! On fat wages but useless IMHO.
I personally think h MM had big dreams about Ingenuity !! Well dreams at times do come true but at what cost ?? Let's wait and see what the results show us.
ATB.

Good afternoon all.
I hope all are enjoying their Easter Holiday.

THG , is a three dimensional Co.
We have my Protein that is a profitable business especially this year because of the fall in the whey price. An excellent business in fact.
Beauty is probably in a breakeven or in profit.

Ingenuity has so far been the dark horse !
A lot has been spent on Ingenuity. The profits from the other two sides have been sucked into subsidising Ingenuity !! Ingenuity is a Hi Tech Business. The 1 Billion of Soft Bank went in there.

It takes time for hi tech to show profits.
Now with Vivak in charge perhaps we will see things developing in favour of THG. Whales etc.
If Ingenuity shows itself to be profitable then we for sure are onto a winning situation as shareholders.
We won't know much until the results on the 18th.
IMHO if Ingenuity is a standalone business that can earn enough profits to sustain itself than it is a win win situation for us as shareholders.
How many good deals have been pulled and how many more are in the pipeline? We know of a few good deals that have been pulled like Auto Store etc and the recent 10 year deal.
I personally think patience is needed in this investment.
If Ingenuity became profitable it can play a big role in the pack of cards as a wild joker.
Now what is the plan for Ingenuity in the mind of Mr. Moulding?? If he is smart IMO he should float it in the NASDAQ. They love high tech in the USA.
Oh' the Co. Debit !!
He can go into partnership with Beauty or sell a part of MyProtien etc. I don't have a worry about the debit at all in my mind.
Oh' he can also sell part of Ingenuity to the likes of WPP etc,etc.
There are many things MM can do. Will he though?
Firstly he has to start behaving like a FTSE 250 CEO. He is still behaving like THG is his private Co.
It no longer is that now after doing an IPO.
I would have expected for Lord Allen
( Lord Lucan ) to have adviced him on that !!
We have heard nothing much from him. He does get paid £400K per annum. Bar from buying shares a couple of times I don't remember much else about him !!
The golden share will for sure go in September.
If I was MM's position I would give it up within the results.
MM wants to punish the shorts also the media !
He can achieve that in one stroke by giving up his golden share. The shareprice would double innstsnttaniysly. The shorts would run for the hills and FTSE 250 Tracker Funds will have to buy in 5%. A lot of share to be bought then ! I mean a lot. Where would the shareprice go then ??
We have some very excellent posters here like Oke, 1 Pencil, Goodtimescoming etc etc. To many to names indivally to list.
Sorry but all the above is all IMHO ofcourse.
NAI intended.
GLA and ATB. Enjoy what is left of the holiday.