Member Info for Canary3

The people that have the most to gain from an increased share prices, MM and his charity. Followed by the big holders.

All the recent posts on Linked in are about showing that the three areas of the business are great businesses, and that the people that work in THG can either be graduates and start in the academy and have unlimited opportunities, and that any other employees that are bright and committed also have great opportunities and that nobody gets overlooked if possible if they have potential.

The post about the chap that started as driver now runs the contact centre and doing great after 10 years in the business.
The lady that ran the nutrition turnaround project and got promoted into beauty
The post on ESPA
The post on the launch into Japan with the chocolate drinks
The post about moving into Europe
The post about 1 million sales in iceland only contained by supply issues
The posts from America about new Jersey
The post about Autostore
The post about tech awards shortlist.

All are not material individually in a 2.2 billion business says MM and IMO most of the investment community would agree with that.

But Kelso say, you should RNS these things not post on Linked in, IMO they are drawing attention to the growth opportunities and how well the business is moving forward. Not really saying that they should be RNs’d

Look at Vivek ‘ Ingenuity is misunderstood it has driven the growth in THG.

IMO MM and his ‘rants ‘ about the LSE are all about we are undervalued ...

But i like MM and TGL, I think they are fantastic business men and i think they will stun the investment community over the next couple of years.

Also Very bullish

I would say that THG /MM / Vivek have been banging on about this for months ( SOTP), SOTP disappeared as metric when Librium threw their toys out of the pram after the July analysts meeting.

That was when it was announced that there was only one months of figures for the separate entities and they weren’t being presented.

The next day Librium they said that they had got THG completely wrong and now should be valued on FCF, i think they were still at 7 pounds for SOTP.

They down graded to 55 and went lower than that subsequently and then back to 55p with a nod to the 221 value, but that was heavily caveated. ( if i remember correctly)

BTW that separation was run by D Sanders , the information given some months prior to the meeting was that the entities were legally separated and that opened up all sorts of options to drive value for shareholders.

As a result Analysts and PI’s on this board were very unhappy about no figures as all were expecting them, there was a very big selling day after that, then the forced sellers came out and by sept we were at 32 p.

IMO the nod to Librium was intended to bring that number back into play, and again IMO Kelso would have consulted Librium on mentioning it, poor form to write that without running it by them.

I see a very big upside from here.

Gl to the minnows

I just noticed that Jupiter has sold its stake in Starling on the 7th of Feb, netting circa 60 million pounds.

Previously they topped up in THG at 129 prior to becoming forced sellers due to having unlisted Starling going over/close to 10% of the fund. ( they have changed the rules now open ended funds are not allowed to invest in unlisted companies)

They went below 5% here and then no more news if i recollect properly

They liked THG a lot back then, and with new cash available i think they may be a contender as an accumulator of THG shares at these prices.

Incidentally CHRYS who were also a forced seller of THG back when we were in the 30’s 40s and 50s took 20 million pounds worth of starling shares off Jupiter, their share price was 91 p on the 30th of January and closed Friday at 59p.

I suspect they think starling shares were at bargain price as 20 million was a very big chunk of their available liquidity 33% , that is big punt IMO

Thats one not for widows and orphans , although many would say the same of THG.

They are like cats in bag IMO

I hope the buyers keep on buying, because in the end that's all that makes the SP rise..

GL to the minnows

Last year.

America 19 % of total revenues
ROW including Asia 18%
UK and Europe 63%

Progress updates through Linked in and MM insta ..very few on America /ROW apart from Jersey and the Japanese chocolate drinks., which both spring to mind.

IMO we could do with more updates on progress outside of UK and Europe.

Unless i have missed lots of information?

London posted this on ADVFN perhaps missed in the Kelso note. I couldn’t find it on Linked in but i don't go on it p

Posted 1 hour ago on LinkedIn...

Some more exciting news as we exit Q1, a number of launches into retail across Portugal and Spain, and live in Denmark next week. A wide range of products, from Bars, Drinks and Clear Whey in over 220 stores. You can now find Myprotein in:

El Corte Ingles
Continente
Costco Spain
Fotex
Bilka

Bought out on the cheap.

IMO TGL will have been round QIA and the other major holders, and getting their views on the Kelso missive.

Again IMO they wont support a cheap sale, and their support together with MMs holding, there will not and cannot be a hostile takeover.

IMO share buybacks when you don't make a profit is foolish and i think most of the investment community would take that stance.

kelso says it will demonstrate management confidence in the business, considering TGL has put in 1.5 million pounds, MM owns almost 25% has bought many millions of pounds worth and has never sold a share. There is no doubt management have confidence in the business.

I say, Kelso really means, please buy regularly and help put a floor under our leveraged position.

But I am bit cynical.

https://www.thetimes.co.uk/article/revolution-beauty-wins-financing-ft52cmh52

Thnaks Blert.

I see its been reposted, i was confused by that, i gave it a tick up...!!

Decent response IMO

sj- plenty of posters think its all down to MM..

I just compared BOO ASOS THG and ROO.

All four followed the same pattern , Boo Asos and THG had very marked swings up and down and ROO whilst following the same general pattern had less volatile swings, 1 year chart.

IMO its not THG specific.

Pearls- They will only have 10 months numbers for each division, so a ready made reason if they don't want to make them public.
I trust they will but you never know.
I am still bullish and don't expect the SP to go down and stay down, but an upward explosion is also unlikely

All Imo of course ( except the 10 months number)

Golden - I think cost cutting is a certainty, they have started and i don't think its finished.

You called it right before and that is in my mind..

GL

Everybody who has been invested in the last year will be thinking a lot about that, IMO

is it going to be 5, could well be but I am holding into them..

Could be crying into my beer though

GL

Plasmon has the THG hut at the bottom left

Thats why I have a big holding, very bullish here.

TGL pointed the way..LOL

1 million at 86 p followed by 500,000 at 41p..pounds of course.

I think they need to see them in action under pressure of a high profile meeting like this before they will believe the good reports,

I hope 80’s are near, the last time shorts were over 4 declared ( Oct last year) the SP was in the 70’s and we have seen low 40’s and then low 50’s since then.

Bit i will hold regardless , until something happens to change my mind.

to reset formally the relationships and view of held of the company by analysts.

To enable this reset THG have to demonstrate that there have ben significant changes in the company since this time last year, For me the key to this is to enable the analysts to have confidence in the forecasts and business plan for the next year to three.

To achieve this I think , Damien and Vivek are very important players to help analyst gain that confidence. I would like to see

Damien doing the financials, covering in them in some detail , with a good grasp of how the strategic review is helping a move to profitability, cost savings achieved and whats going on now and into the future, detail of investment and how it adds value to the growth of the business. And through answering analyst questions shows that he is on top of the GIG.

Vivek, To explain in simple non technical terms what Ingenuity is , how it works and what it adds to the business, the opportunities presented by being upgraded t partner with Autostore and the benfits and opportunities that Bespoke propriety software brings. Linking that into the nominations for technology awards.

It is essential that the Analysts don't leave the meeting confused about Ingenuity, they need to be able to explain it in their
broker notes that they know whats happening and that it is of value to the company and as such will have an impact on valuation of THG

This will allow MM to be able to focus on the growth and future plans for the rest of the business, highlighting key achievements, and how they are going to be built on. Touching on the staffing how the mix has changed and how that all continue into the future.

This IMO is more important than the numbers we did last year and this quarter although they are important.

I think the April meeting is a very big deal, and i hope everyone is on top of their game.

All IMo oc course