Member Info for CheshireLad

How can anyone (except those 35% possibly in the know) make an informed decision?

First of all we do not actually know the retail offer price, as it will be derived once the full values of the offer are calculated. In addition, we actually do not know the correct value of Ingenuity or the SoP, it's all hearsay and guesswork. The only investors who think they have a clue are the 35% and by failing to make public the approaches over the past few years shows that some (35%) are playing with a loaded deck. I hope we all don't get shafted 2-5 years down the line when Ingenuity is floated on the NASDQ for a fair few billion. With MM it could all turn out great, I mean ripping current THG holders off since the initial THG IPO by using the other divisions cash flow to prop up his Ingenuity pet project. As it'll soon be Halloween he will not need to buy any masks, he's got a fair few, and could just be wearing the Dick Turpin one as we speak?

I'm sorry but the I don't wish to partake in the Ingenuity newco as the term the boy who cried wolf comes to mind.

Anyone partaking in the newco, good luck, I'll take my chances on the open market for the remining divisions thank you, bring it on!

GLA

I was also told by someone in the industry in late 2023 it would be the last quarter of 2024 that things would look up for PFC, through the usual colleague former colleague chit chat.

GLA

It should be noted that Sidara walked away due to their own issues, not anything to do with WG!!

It was very last minute and not because of anything to do with WG!!

GLA

The market dictates the price, with the reasons I can see as follows:

Smoke & Mirrors from THG

Tech/Nutrition Sector in USA not liking that THG is based on a European exchange

Nutrition market now getting saturated

Complex logistical problems not fully understood, hitting margins and becoming a money pit (see 1st point)

Poor/Wrong strategy, hence no updates

Poor oversight & governance (illusions are not solutions)

The CEO!!!!!!!

Hopefully some value will out sooner rather than later?

GLA

No indication so far regarding eyeing up PFC. If Sidara want less scrutiny of their own assets/funding then PFC might be a better fit!

GLA with WG.

Chel is spot on with the reasoning, a very very last minute decision by Sidara.

Great buying opportunity, and today or the remainder of this week and possibly (due to macro) further opportunities to get in low before realization sets in regarding the value that is attributed to WG and the work they do, and the wider strategy in place for WG regarding the future travel.

GLA

The thing to always remember is that the likes of Tesla, Apple, Google etc would not exist or be able to continue to be as successful as they are if it wasn't for the likes of companies like Wood, Petrofac, Worley that have the expertise and solutions to be able to retrieve fossil fuels and/or build and provide solutions for the renewable energy sector.

GLA

Happens in every business, department, team, not just as in this instance with shares, but with keeping individuals onside with either roles, work, promotion etc etc.

Can be used in both either in a motivational aspect or simply as a divisive tool to divide and conquer.

I've had both good and bad experiences of both, as would I suspect most people in the workplace have had. It's no different at THG, especially when you have a character such as MM at the helm. Although it now does seems to look a little bit like a lifestyle gravy train company for fair few, even if they are obliged to have certain T&C's regarding share options.

We'll be back up at 67/68 in a few weeks, the farce of the THG merry-go-round continues!

GLA

Now it's pushing!

GLA

Also took some more.

GLA

I see the shorts steadily increasing in the run up to the AGM, just to add a bit more pressure, if no rabbit appears in the meantime. Being no expert at all you would think the short position might add another 1% or slightly more between now and the end/beginning May/June? They will have seen the Kelso announcement and the man child rantings (I've been catching up today over the past few months timeline) in order add short-term fuel to the fire.

I will start increasing when we dip below 60p, that could happen starting tomorrow, 55p would be my preference, but anything below 60p I think is going to value out on a multiple, at least. So surprised (and paradoxically not) that after reviewing the past few months talking points that nothing has changed. Surely NOW it has to change, cannot see the shareholder value still being in the toilet come the last quarter of this year, something has to give and if MM cannot give long suffering shareholders (including now most of the 65%) that meaningful tangible value, it's time for a change, step up TL, you'll have my votes.

GLA, and in the short-term that applies to the kong man child

Afternoon all,

I jumped out in the New Year, leaving a nominal amount of shares. Is it worth getting back in with a larger stake at this time? Just taken a luke warm bath over at PFC, not enjoyable at all, you take your chance though.

Looking to start increasing again here, looks like Matt is up to his usual antics, may jump back in to a much larger scale, being a local lad an all.

GLA....still put up or shut up Matt (although he does have valid opinions regarding DARK)

Cheshire is a great place Tony, everything you could ever need right on your doorstep. I count my lucky stars that I live in Cheshire, there are a lot worse places to live and work. I mean imagine living and working in London and having to deal with Sebastian, Henry, & Tarquin in the bars & restaurants frequented by the aforementioned Shorters.

GLA, whatever you decide between now at COB tomorrow.

Looks like 15p is the price then?

GLA, stay sane

The funny RNS recently and today's appears on the face of it a pre-emptive warning to the Shorts, FWIW.

Possibly a leak the other week regarding advantageous terms or takeover approach, fits with the "possible" suspension. Have to say a takeover at 50p looks good at this time.

Best of luck all, I've trimmed and sold 50% of my holding to preserve cash. Will watch with a keen eye for the remainder of today and tomorrow. Could go either way, company being robbed from shareholders my bondholders/shorters, or, set-up for a very low ball "acceptable" to all offer, vey fishy indeed.

GLA, stay safe (mentally)

PC writing in CAPS now, he/she must be getting worried.

GLA

I know we all had a moan regarding the timing of the RNS the other week and the paradoxical nature of RNS' and those that weren't, and rightly so as it seems to very odd. However, and just to state, that bar the recent stifling RNS, the past year RNS' were obviously timed for the impact, which was generally received well and accordingly reflected in the upward nature of the SP at those times. I'm hoping the RNS that we are now due will do the same and discounting the 'odd' RNS recently will the BOD be trying to continue the impact that the previous year RNS' did have, which is fact.

Albeit I'm hopeful, a large dose of scepticism is reserved for the big reveal, so to the BOD:

"prove me wrong regarding the doubt you have fostered upon the humble PI"

GLA

Eerily quiet on here today, low volumes?

GLA

……locked out and Rock will testify

GLA

I suspect they are fearful that they may get licked out at a higher price than their average position, can only think that a low ball takeover offer 40 p- 50p might be above their averages? Or, possibly they are just mitigating the chance, probably what some of us, myself included, should’ve done more of.

Also it’s sad when there would be more traction in contacting a newspaper instead of the regulatory bodies. I’d try City AM, Sky’s Mark Kleinman is a contributing journalist, and he is on Twitter. I say City AM as the erstwhile major shareholder in THG is the owner of City AM and Matt Moulding loves a deflective conspiracy story to highlight the failings of the City. Rick will testify to that.

GLA