Member Info for Canary3

I have bought a couple of small additions to my Kelso holdings this AM, they havant spent up the 3 million so its,

4.4 million Mcap, THG shares worth circa 6 million and the results of their placing say 2.5 mill.

looks worth a small investment no advice intended and all that jazz

Gl

Have they spent their recent placing money?

Currently MCAP 4.4 million and THG shares worth 6 million or so..

If there is a plan it will involve the new shares IMO, if say you wanted to re-list in the ME you need 20% of shares to be in the free float if i read it correctly.

So after today all options open up.

No love lost between Numis and MM..

Best not take the Numbs view at face value.

I am big fan of TGL class act indeed, and let's not forget it was MM that recruited him..also a class act .

The company is a much different beast since the last AGM

Gl

This what TGL said in his statement in the annual report , the price offered was 1.70. Apollo must have been higher.

MM said as we know that Apollo valued ingenuity alone at the SP when discussions were ongoing, there is no doubt about the price.

People and II’s either don't want to buy or can’t buy right now.

The price will go past 1.70 sometime in the future IMO

GL

Stakeholder Engagement

'As Chair I have been fortunate to spend time with manyof our shareholders, particularly consulting on their views when the Board was appraising the bid approaches received during the first half of 2022. As we announcedto the market at the time, the Board was unanimous that the offers were unacceptable and significantly undervalued the Company. I have listened to Shareholder feedbackand have begun to implement positive changes to our engagement and communications strategy which will continue over the course of 2023.'

My protein doing its best to help, latest quote over a picture of the three ice cream tubs, I think My protein is going to blow the doors off this year and next..

'At the end of this month we are launching our ice cream range in Iceland Foods! Not only do they taste incredible but will lead the low-calorie ice cream market with high protein and low sugar claims

This is just a taste of what's to come - keep your eyes out for the inside 'scoop’ 🍨'

@Stee2000

Rocks posts are measured ?

i just read through them seem to be very one sided here is a decent example from the 10th of June. His post are always downbeat, wrapped in some trading views.

As i said on Sunday people who i talk to that have the same view as rock will never invest here, and have absolutely zero interest in whats going on.

Rock is just a troll IMO humble opinion.

GL as always

Post below.

Matty I understand.

Matt is a great entrepreneur but in my view he is also a narcissist.

So in my humble opinion he can’t run a PLC to the benefit of others?

It’s sadly not in his nature.

Happy if he proves me wrong but he has twice declined offers 170 to 250p + and allowed the share price to drop to 37-60p.

That’s not in the interest of shareholders.

His behaviour beyond just declining these offers also has led to the company’s current valuation.

Sadly he so far has proven an enormous liability

The Italian - I think you are correct and in my first post i wrote this.

Thats why it's all secret squirrel, they cannot by law divulge this information. 'If talks are ongoing with new or existing investors that won't be divulged unless there is no option. ( like a handy press leak, but thats a dangerous business as well)

So IMO i am talking out of the other end, but of course Blinky could be correct

Pearls so you think he spoke on behalf of them without consulting?

Last time TGl went round them all in his first 3 months in the job, IMO they will definitely have consulted.

It's beyond my belief anyway, that he would send Apollo packing without consulting, and if he has he will be gone as soon as the GS expires. IMO

Apollo are huge and have very deep pockets if they thought major shareholders haven't been consulted they will be back with vengeance,

GL

Anyway really enough from me, enjoyable as it is..

Rock 8

i say his post as very informative and straightforward.

But I think he is doing a fantastic job, he has recruited very high quality individuals to the senior ranks of the company and has support from an independent board bar McDonald.

Things have moved on IMO.

However the people that i talk to that think like you don't invest, they won't even look at accounts etc..they have zero interest.

However when the SP get to fair value they will be hounding me for not ’persuading them’ to invest.

GL

this a quote from mm’s post about the apollo bid, when he said they valued ingenuity greater that the sp the day before the bid leaked.

"no ****! ingenuity is great. but neither apollo’s bid price, nor the structure proposed, are in the best interest of thg. myself, charles and the board, supported by>50% of shareholders, all agreed on that.”

so he said more than 50% of shareholders agreed on this, so that imo that will be the 65% he refers to or the vast majority of them, that means they are all inside.

that also means they can't buy or sell or divulge any information to anyone outside of the teams that represent them.

so the long terms holder and the holders that bought in the last year , kennedy, the balderton guys kelso and so on can’t trade.

so that leaves us in the 35% to buy or sell or some new entrant/s to buy, volumes have been tiny so there has been some movement, but i suspect that most in the 35% are also holding firmish,.

so the 65% know the price, the newer entrants will likley be on double or triple their entry price , so they wont be letting their shares go cheaply and neither will any of the others.

so who buys, well most institutions can’t or won't.

can't because their mandates don't allow buying of shares with a standard listing, or won’t because they don't believe things have changed or the swings in the sp make it too risky buy a couple of million and tomorrow it could double to halve as it has recently.

but someone was buying on friday and they had to pay more as the day went on, they can only buy from the 35% as the 65% are inside, if they want more the sp will go up imo.

we in the 35% imo are protected by the 65%, they turned down a bid that may have been acceptable or not on value, but it was turned down because apollo wanted to be able to sell all or part of nutrition or beauty to fund the transaction.

if thg wanted to do that they can easily do it themselves they don't need apollo to do it for them.

thats it from me...lol

gl as always.

They are likely inside, and as such have information that is not public knowledge and that is allowed.

If they weren’t inside IMO they would be buying like badgers..the price is nuts if you take MM’s post a true.

Even the times ( lex) was saying that ingenuity is worth 500 million,

Imo thats why the times isn’t all over the McDonald re--election thing you would expect them to run a ‘ under pressure MM, article’ same as the mail.

They haven't and that to me say a lot.

Anyway it is what it is and as i said i have been buying in the 50’s and the 60’s so i am happy.

GL

IMO all the major holders that is the 65% are inside, so they can't buy.

I still talk to one or two investors about THG and they basically don't believe that the company is doing as well as i think, one said you might be right but i wont take the chance.

Its a standard listing so lots can’t buy.

This is why we who think the corner is turned and believe that Apollo bid is genuine and was turned down can get shares at this prices. ( some are sceptical about that as a result of last years bid).

all IMO of course.

Just to follow up on this, many moons ago i and a few others held approximately 7% of an AIM company that was under pressure and talks were ongoing and we are offered to ‘be inside’, we declined.

In situations like this, major shareholders can and are ‘brought inside’, , this means that they know information that is not available to all shareholders.

If an individual or an II is ‘inside’ they are forbidden by law to trade shares, breaking this law can have serious consequences not only legally but probably more importantly reputationally.

So if you are inside and the offer is significantly higher than the current SP you cant buy..and vice versa for selling.

Thats why it's all secret squirrel, they cannot by law divulge this information.

If talks are ongoing with new or existing investors that won't be divulged unless there is no option. ( like a handy press leak, but thats a dangerous business as well)

So my guess is that we wont get the quantum, but if pressed the board can confirm the public statement that the Apollo approach valued ingenuity at more than the SP the day before the leak.

So as we all know, but not absolutely for certain that the approach was way north of here.

Sue Farr - reps to Viveks post on LI.

So good to reconnect with you Vivek, after our time together at BAT, another amazing transformation company. You and THG are a match made in heaven!

I suspect she thinks he is the bees knees.

It would be nice if it finished at 74 then i could say my bunch from yesterday went up10 points...you cant make it up with THG..

You have to chuckle really .

I think buyer still going all week, you can sell at 26.57 right now with 12 minutes to close of play and during the week and indeed this AM you could get at quote of 20 to 50 thousand shares at this price and above.

Someone is accumulating i think.

@ Manifesto

Perhaps the ingenuity director is speaking as they see it, a committed leader who has made a huge difference in his 1 year, a fantastic appointment IMO and he seems to be key to the future.

It's not PR imo

GL as always