Member Info for Canary3

Round Figures

Aug 10th Close 69p
Oct 10th Close 32p
Nov 11th Close 78p

Known Buys.

QIA 68 million 39p
MM 13 Million 39p
SW 5 Million 39p
LA 1.25 Million 41p

It ain't the shorters making money.

My view on MBO is that it wont happen, and I think that MM will enjoy Investor calls for many years as the business flourishes, the II's and those commentators who ridiculed MM and THG ( looking at you OS of the shed fame) will squirm as they think about those buys.

I rejoined linked in to have look around at their people, some very high quality individuals work in THG , gives me a lot of confidence

Vey good to see Heinz ..nice Golden

hyperinflation is something else, prices double for food in a week or less, and there are few physical us dollars in country, basically you get your wages in local currency and try to change into us dollars as fast as you can. No dollars bitcoin works very well, they spend it that week or month. Shops sell food in parts of a bitcoin.

Argentina has annual inflation of 80% every year, the get their wages and run round the corner to get paper US, they pay 2 to 3 times the official rate.

There are plenty of paper dollars

Ordinary people don't invest in bonds they buy food and pay rent.

El salvador is something else they have made it official, the other countries i have mentioned it is in the grey market.

It's interesting because it frees people from using the local currency when it degrades so fatst

BTW the world record for Hyperinflation is Hungary in 1946, i started looking at it a bit more after reading the article

Interesting article on CNBC about people in Lebanon using bitcoin, they are suffering from hyperinflation there went many paper dollars around so Bitcoin is used as a substitute for hard currency. It's actually helping people because it keeps value more than the local currency.

Hyperinflation is terrible for most people who cant get out of using their local currency

First time i have seen good use for it.

I think it will eventually be regulated , not sure how and at what price

So an interesting thread on numbers based on video by the COO that looks like it gives a peek into the quarter is massively derailed by a newbie..

Don't forget that THG’s IR have said in replies to PI’s that they see Linked in as a legitimate communication channel to shareholders.

Personally after the numbers put forward by LTH i am going for a very nice quarter.

Order Value is interesting NUT fairly stable, Beauty 10 % rise year on year.

Will beauty spend be cut back per order? the same? or increase again?

Personally i think same or more.

Will some of those orders be for ingenuity and are they not paid on a percentage of the order?

I am asking because i thought i read that we get 3 or5% of the order value.?

I have no idea about it just a niggle

Does anyone have any ideas about value per unit ?

I assume peak season is this quarter, so if unit value is a 10 v 20, it a big difference.

I looked through the annual report but didn’t see anything about average order size, unless its there and i missed it.

TBF he does waffle on about it more than i thought..

He only pops up when the sp is going up, where was he at 34,5,6?

IMO ignore

Asos was 3 or 4% down earlier and finished 5% up we aren’t alone.

I have a pal that went into Ocado a few years ago before the sold their tech on to others, SP 90p or so he told me the tech was absolutely fantastic , he couldn’t believe how good it is, and he is a tech person. He said buy, at the time the market was focused on its grocery delivery business in the UK and called it undervalued. So i passed sadly.

Since then they have improved the tech and its ease of implementation significantly, the South Korea deal is great over 1,000 stores in a highly developed e-commerce market. I think they will end up being the world leader.

Comparisons aren’t that easy I think

I think that Ryan being a key speaker at this event is an important validation/ endorsement of THG and ingenuity, Ryan has an impressive track record he was promoted into his current position 17 months ago, that promotion meant relocating from London to Switzerland. I think he is a key player.

So IMO he is instrumental in driving Nestle business further into DTC, attached is an article about the CEO of Nestle talking about his goals for digital and DTC by 2025, the article was 1 year ago. So 3 years left

I think that Ryan with 3 years to go to achieve the goals set out by the CEO, would avoid being at this event if THG isn’t in the plans for DTC growth.

He has over 1,500 followers on linked in and 500 connections, the individuals commenting on his post about THG include senior people in Accenture / amazon and other high profile companies.

BTW Accenture are fantastic in big IT and digital roll outs, they were at the forefront of call centres then contact centres as the internet developed, they do worldwide implementations worth 100’s of millions.

IF THG were a dud he would be avoiding it at all costs,

The article from the CEO below

https://www.reuters.com/business/retail-consumer/nestle-aims-generate-quarter-total-sales-e-commerce-by-2025-2021-11-17/

Gos post I Pencil

This conference was a fantastic endorsement of THG and MM Judge the man by the company he keeps.

From Forbes

He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon. But that's not the whole story. The original quote is believed to be "Buy when there's blood in the streets, even if the blood is your own."

I was completering the quote..i am a late arrival so getting close to B/E

But thanks for the thought

Even when its your own blood...

Just reading about it in the times, founded by Brent Hoberman of Lastminute.com fame. Here is a quote from the article.

'It was founded in 2010 by entrepreneurs Ning Li and Brent Hoberman, the founder of travel site lastminute.com, which lost 95 per cent of its value when the dotcom bubble burst. Hoberman subsequently rebuilt lastminute.com and sold it for £577 million in 2005.’

It can be done!!

This a London firm that helps bring products to market. It's quite a process and will be expensive,

https://www.tastehead.com

Always important to read carefully before firing off--100 times in good handwriting by the end of detention.