Member Info for Canary3

@Oke

Did the therapist recommend to the QIA, that it would be kind and perhaps help mend fences with MM to let him share in the soft bank deal, almost 13 million shares at 39p was a nice warm gesture.

If there was the type of hatred of MM by major shareholders I am sure the Times would be running reams of print on it.

But as you say you deal in numbers.

I am more of a feelings type

GL

Just to follow on about MM and the way ahead,

Damien Sanders , ViVek and TGL joined him, they wouldn’t be here driving forward with MM if they think he is a fool and of little or no worth.

Also I would say two of the biggest challenges that a CEO can face are.

1 Going from private company to listed company
2. Going from national to International.

Basically as you grow you must demote / part company with people you have worked with for many years building a company, having shared Triumphs and setbacks and become trusted friends and colleagues. That is a very difficult thing to do.

MM is doing these things well IMO.

Spec-savers growth from a room in Guernsey to a world wide business is very interesting reading and sets out the challenges very well.

Yep H

IMO the big changes that have been mentioned are well underway, I know MM has upset people and missed his numbers.

However all these changes are happening under his leadership and if he didn’t want them to happen he could be very difficult.

The changes are happing very fast indeed , they only started 1 year ago as far as we know, thats not long in the scheme of things.

All his wealth is tied up with THG and he will give his all to get that wealth back up, i think he wants to be billionaire again.

I don't think he is a fool and i also think if he wants to, he can become an excellent CEO.

All IMO and thats why i stay invested..TGL is doing a very good job IMO

Sorry to clog the board.

Reading through the messages on Linked in the only other work /job type comment i noticed was to a chap that works in Debt management.

Long article on Jeffries, Noblet mentioned about half way. Jeffries are a major player.

If THG Sanders and Noblet are going to work together, its not going to tinkering at the edges

IMOhttps://www.euromoney.com/article/29s5i3ixgovuwg1g8vtog/capital-markets/how-jefferies-broke-into-the-big-league

Noblet and his team are absolutely top notch, they wont be wanting to waste their time.

IVY for lunch/Dinner routine for the top people in finance..LOL

Working with him!! Article talking about Jeffries and the poaching of Noblet and his team.

Things are on the move.

SOTP might be coming into play

https://www.jefferies.com/CMSFiles/Jefferies.com/Files/Articles/GlobalCapital_Jefferies_Enters_Investment_Banking_Mainstream.pdf

I have a different take on the IPO, it was a time when free money was desperately seeking a home, EG Klarna, Ao, made, RevB etc.

So the book runners probably took THG out for soundings at around 2 or 3 pounds for Circa 900 million shares.

They got their arm bitten off so upped it to 3 to 4, again arm bitten off, so took it to market at 5, massively oversubscribed and with an anchor funder in SoftBank it flew from the start.

They book runners knew it wasn’t worth 5 pounds let alone 6 pound or 8 pounds.

Once MM bonus shares kicked , they couldn't get out fast enough and some shorted it for the extra cash on the way down.

The other side of that scenario were those that bought in after the IPO ( riskiest way to invest in a single share IMO) and those that held, bearing mind a lot of those would be taking a 5 year horizon.

The company is still here a full two years after floating, and as @oke and golden and others say , it has nutrition business that is very healthy and worth the entire MCAP.

It's not all about MM and TBF there are massive changes going on in the business and have been for over year.

But it's in the past, and as they say when you are in the midst of a crises in a project, we are where we are what are we going to do now.

All IMO of course

@ oke I have tried to find something on his activity on behalf of THg with Major inevstors

can you point me to the information

Thnaks

BTW I thought the Sarcasm was in the word “story”, she is supposed to be a journalist not a copy and paste twitter poster .

Pathetic from her and her cronies

THG have an non Exec chair in TGL

All major holders will go directly to him if they are discontented with MM and the direction and management of the company.

They would never as a first move discuss these issues with Kelso

Perhaps if TGL gave them a flea in the ear one might send out a whisper, but it would not be direct to them.

All IMO of course

Normally an active investor will need to own between 5 and 10% of the shares in a company to gain a voice at the top table

With MM being the majority shareholder and likely able to gain significant support from allies amongst the shareholders,IMO Kelso will need significantly more support that 5 0r 10% to be able to have any significant impact on policy within THG

If they get enough support to challenge MM and the board they will need at least 20 to 30% of shareholders to support them
and if they do then its open warfare at the top.

IMO they are much more likely to raise bunch of money / debt and either buy the who shooting match or buy out shareholders that just want out.

With a couple of millions worth of shares they have little or no chance of having any influence.

It will be interesting to see how it pans out.

I suspect i wasn’t the only one adding to their position today.

IMO quite a long way to go before fear of holding kick sin..

In the eye of this endless posting of nonsense, i was forced to add to my holding..

The times said Arbitration for companies in dispute with their main shareholders.

Unilever
GSK
THG

I almost laughed, multi billion Mcaps and THG in the same sentence. But TBF the times didn’t say ‘troubled thg’

The business is twice the size since IPO in term of revenue , has far more capability particularly utilising automation, has dropped 2,000 staff in a well organised and very businessl ike way treating staff well as it was done, the separation of units is complete .

TGL is on board and seems to be making the right steps, the new senior appointments and change regarding the co-founder are very good moves.

MM predicted that commodities especially whey would fall and nearly every poster on this board slated him for that call.

Destroyed the business , posters need to think about whats going on.

All imo of course

Get a Grip

I posted this the other day,

If a takeover happens at say £ 2.00 the over 50 million shares will provide the holders with over hundred million pounds between them

He issued them very quickly and got the reaction expected IMO

All key staff will hold and stay in place for the next couple of years.

IMO it was a smart move

OX ford , buying more a very bullish action

Gl indeed

Well guess i will see all tomorrow sometime....

Obviously some one else selling .

Or are they.
LOL

Reading the board again after my tea, i think lots of posters will be selling up first thing...

Expecting a big drop tomorrow as they leave