Member Info for Canary3

Personally ,i look at Nutrition and see a division that has innovated very well, has increased its product range and distribution channels significantly, he has predicted that the headwinds of whey and inflation in the means of delivery would peak and fall back a they have done and are now great tailwinds.

It seem that it also has increased its sales in America,

The promised automated centre in NJ has been delivered on time giving great efficiencies , there has been a very well managed headcount reduction of circa 2,000 heads and they have taken what I thought was a very bold step in closing down ON demand.

I see on ingenuity a nice deal of 1.5 billion over 10 years and as I pencil pointed out more moves from Global conglomerates using the service .

He has moved the lady that was key to the revival in Nutrition into beauty to help re-energise that area, with a few green shoots appearing it seems.

OH if only THG had a CEO that knows what they are doing.

Thats why I am here along with the fact that the board is now unrecognisable for this time next year and Apollo were serious...the company is worth a lot more than the SP

ALL IMO of course.

last rant from me. smaller audience than MM though..

You think a company has never made profit warnings many do and many recover, we know some of the reasons behind those here , again I would sell if i thought we were going down the tubes, i have done that in other companies and some went my way and some didn’t.

I think he is great at his job or tings would be much worse.

Apollo debacle?

They didn’t make good enough bid according the MM and Mc Donald and the board supported then again according to MM, they say its worth billions and

So do most of the posters on here ..they did their job

GL

Idolise?

I just think is great at his job, he might not like the city boys and they might not like him back..an di also have bought at much lower levels than this. ( and Higher)

DS, vivek, TGL and Sue Farr all think he is good enough to join in the journey, and if they thought he is as bad as all the posters on here they would have run for the hills. IMO

And if he it is good enough for them he is good enough for me,

I think people talk the SP and not the company and that includes the City media and Shah the Shed.

GL

Personally i would never buy or hold shares in a company here i thought the CEO was so poor that i wanted them gone.

I just bought some more at 58 and change

GL

One the money with this one regarding the value of the data,1st party data is where its at..

I did a big gig when Dunn Humby were in their infancy back in 1998/ 2000, they may have sold out sold-out too early but they did basically create Clubcard, they did really well.

Data and its uses on this link an interesting read

https://www.lotame.com/1st-party-2nd-party-3rd-party-data-what-does-it-all-mean/

THG is 93rd in the Ftse by revenue.

I have looked at 3 or 4 companies around them , including National Express and Hoydens joiners, basically the only communication they do through RNS/s are the ones that THG do, notice of results, results, directors declarations and so on.

As far as i can see, they do nothing else, they may do capital markets days, investor meetings with the city and so on...

We are very fortunate to get the amount of information we get through linked in, when there was radio silence people were clamouring for an RNS for a couple of million revenue EG Iceland.

Time and again was pointed out that Iceland and the like are negligible in moving the dial revenue wise , and should be in the annual report if deemed important enough.

But posters still bang on about better communication.

If MM and the teams go back to radio silence i dread to think about the moaning on here.

IMO some of these posts are complete nonsense about Communication needing to be improved.

IMO they are about the fact that the SP is 60p, of it was 1.60 no one would be posting about poor communication.

Anyway GL to all.

Maximo on the beauty side 10year deal...adds to the picture

TGL has recruited as the senior non exec, the woman who is the senior non-exec of BAT, the board just removed the CEO. If you don't know much about BAT its quite a big company..

In deciding whether or not to join she would’ve reviewed the business, met and had in -depth discussion with TGL and MM, she is also most likely to have had dinner and conversations with the likes of Jg, DS and Viveck.

Posters on here are deluded if they think TGL, Sue Farr and the recent members of the board are puppets.

Those are just cheap jibes that show the posters have no idea how these people think and act.

Get a Grip

ALL imo of course.

A story about Ashley buying brand off THG from its discontinued operations, immediately sent the price spiking up, until the buyers of the shares realised that the story is anon-event.

Then they sold..

Everyone who is interested in THG knows its massively undervalued and some of them are jumpy and trigger happy, scared that they don't get a piece of the action or increase their existing holding at cheap prices.

IMO of course

Let's not forget the Sky guy expected the forthcoming bid to be accepted and suggested that there was another potential bidder in the wings.

Just hold for me and buy if it does spike down.

So you agree that i wasn’t on the drink, when i posted about 484 million shares being available for the board to deploy without shareholder a vote.

@Goodtimes There is a massive change , you are confusing the issue for posters new to investing. I am posting the explanatory note for the shoe authority below, it clearly states that the rules have changed and that the board can issue new shares up to 33 of existing equity WITHOUT a shareholder vote and additionally another 33% of the existing equity WITH a shareholder Vote. PLEASE read the note below.

Explanatory note

Resolution 14: Authority to allot ordinary shares

The Directors may only allot ordinary shares or grant rights to subscribe for, or convert any security into, ordinary shares if authorised to do so by the Company’s shareholders.

In 2023 the Investment Association updated its Share Capital Management Guidelines, stating that its members will regard as routine an authority to allot up to two thirds of a company’s existing issued share capital provided that any amount in excess of one third of the existing issued share capital should be applied to fully pre-emptive offers only. The Investment Association’s previous 2016 Guidelines stated that such excess amount should be applied to fully pre-emptive rights issues only.

In accordance with these updated Guidelines, the Board seeks shareholders’ authority to allot ordinary shares up to an aggregate maximum nominal amount of £4,841,671.38, representing approximately two thirds of the Company’s issued ordinary share capital as at 17 May 2023 (the latest practicable date prior to publication of this Notice). Of this amount, £2,420,835.69 (representing approximately one third of the Company’s issued ordinary share capital) can only be allotted pursuant to a fully pre-emptive offer.

It is the Company’s policy to seek renewal of these authorities annually and the authorities sought under paragraphs (a) and (b) of Resolution 14 will expire on the earlier of the end of the Company’s next annual general meeting or 21 September 2024.

Whilst the Directors have no present intention to exercise these authorities, they consider it appropriate to maintain the flexibility that these authorities provide to respond to market developments and to enable allotments to take place to finance business opportunities as they arise.

As at 17 May 2023 (being the latest practicable date prior to publication of this Notice), the Company does not hold any of its ordinary shares in treasury.

It says at the top these are new rules, they can issue 1/3rd of the existing equity without a shareholder vote and an additional 1/3rd of the equity with a shareholder vote, so 66% of existing equity.

THG are saying its prudent to have the 1/3rd available without a vote to take advantage of changing circumstance ( My Phrase).

Most companies will be consider / using their new facility..IMO

Headhunters will be on the phone 24/7 to key players, he needs to keep them on board the share pool helps that, without these key players we will be going backwards fast.

Its tough gig keeping key staff when the share price is low for a long period, he must make sure they see the Jam tomorrow.

Again IMO

Unfortunately thats not the way it works, to avoid PE taking over he needs big bucks fast and a much higher SP, If we and the board think the company is worth billions, then this is the way to do it IMO.

I think as we stand the Company is worth a minimum of 4 billion, with an extra 30% shares in the mix that is 2 quid a share,

I am sure the board think something similar or they wouldn’t have knocked back Apollo rather they would have extended and negotiated.

All IMO of course

All of the previous post is pure conjecture made up in my own head without any assistance..

Just to be clear

HH - I see us as having three choices as PI’s,

1. Be cautious and sell or significantly reduce

2. Take the middle ground and tinker with your holding

3 Buy more as you think this is excellent.

I am in camp 3 and i will buy some more but am waiting to see if we get a sell down pre the AGM

I think MM /the board will use the 1/3rd immediately available to bring in a new investor, be it a finance house or a trade entity.

They will sell it at around 50% discount to the offer by Apollo so 85p and up, and we will all live happily ever after.

I trust MM and the board so i am in camp 3, if you hate MM and think the board has no authority IMO you should be in Camp 1

GL tp all

@ goodtimes. Its actually 2/3rds of the existing share capital , but the directors have no current intention to use the authority , its worth a read

Resolution 14: Authority to allot ordinary shares

The Directors may only allot ordinary shares or grant rights to subscribe for, or convert any security into, ordinary shares if authorised to do so by the Company’s shareholders.

In 2023 the Investment Association updated its Share Capital Management Guidelines, stating that its members will regard as routine an authority to allot up to two thirds of a company’s existing issued share capital provided that any amount in excess of one third of the existing issued share capital should be applied to fully pre-emptive offers only. The Investment Association’s previous 2016 Guidelines stated that such excess amount should be applied to fully pre-emptive rights issues only.

In accordance with these updated Guidelines, the Board seeks shareholders’ authority to allot ordinary shares up to an aggregate maximum nominal amount of £4,841,671.38, representing approximately two thirds of the Company’s issued ordinary share capital as at 17 May 2023 (the latest practicable date prior to publication of this Notice). Of this amount, £2,420,835.69 (representing approximately one third of the Company’s issued ordinary share capital) can only be allotted pursuant to a fully pre-emptive offer.

It is the Company’s policy to seek renewal of these authorities annually and the authorities sought under paragraphs (a) and (b) of Resolution 14 will expire on the earlier of the end of the Company’s next annual general meeting or 21 September 2024.

Whilst the Directors have no present intention to exercise these authorities, they consider it appropriate to maintain the flexibility that these authorities provide to respond to market developments and to enable allotments to take place to finance business opportunities as they arise.

As at 17 May 2023 (being the latest practicable date prior to publication of this Notice), the Company does not hold any of its ordinary shares in treasury.Resolution 14: Authority to allot ordinary shares

The Directors may only allot ordinary shares or grant rights to subscribe for, or convert any security into, ordinary shares if authorised to do so by the Company’s shareholders.

In 2023 the Investment Association updated its Share Capital Management Guidelines, stating that its members will regard as routine an authority to allot up to two thirds of a company’s existing issued share capital provided that any amount in excess of one third of the existing issued share capital should be applied to fully pre-emptive offers only. The Investment Association’s previous 2016 Guidelines stated that such excess amount should be applied to fully pre-emptive rights issues only.

In accordance with these updated Guidelines, the Board seeks shareholders’ authority to allot ordinary shares up to an aggregate maximum nominal am

An old Video..not for me thanks

I cannot believe that this hasn’t been consulted on Sue Farr has he job along with TGL to keep the communication open with major shareholders .

Personally i am very much in favour of it .

GL