Member Info for CheshireLad

Amec also built Manchester T2

Surprised it took 2 weeks for the refinancing to find its way here via the usual suspect ie FT.

Internally most already new, prudent and par for the course for normal BAU operations.

GLA

The Sovereign Individual by W R-M is a great and eye opening read, so vey relevant to the present we are all experiencing.

GLA

Be interesting to see any OTC trading activities?

Funny how both Apollo takeover targets (WG + THG) are both languishing at historical lows around the 40p mark.

GLA

I reckon MA is thinking to accumulate as quickly and as low as currently possible, and try to nick the whole of Remainco including paying off the debt for under £1 per share, targeting an average buy price of 75p.

It depends on your view of how the deft is paid off, and if at all or continue to be serviced. What worries me is MM reducing his Remainco holding on the pretext or disguise of covering Ingenuity, when in fact if his equity wealth remained in Remainco he would at some point of had it diluted.

I’m more than happy to have MA on board as he will undoubtedly act along the lines of an activists investor, he will not stay passive aggressive for long. Funnily enough the situation if the demerger and arrival of MA’s tank on the front lawn pointing directly at Kong should create more volatility but employing trusted brokers and hedging will as shown negate the free float squeeze to a large degree. If MA wants the whole thing due to the immeasurable synergies he has to act fast and aggressive, unless the Selkirk or PE interest are respectively red herrings and non-existent. Lowly PI’s do not know or have those answers, but I bet MM, MA, Selkirk investors (including the anonymous ones) Kelso, Shorts, and Brokers do!

GLA

Back so soon Tigger, though you were bottom drawing not bottom feeding!

GLA

I don't believe there is a conspiracy of FUD by the Daily Mail, that's laughable. The comment on the article is something we were already of, but nice to see the paradoxical nature of MM's thinking laid bare for all to see.

At this moment, and until the end of the month, I'd be more interested any peoples views of MA's intentions, whether that be hostile, speculative, or something else. Also in general MA's scatter gun approach to investing in a wide range of UK retail businesses, is the approach something more than looking to acquire? But ultimately he's in it to make money any way he sees best, which might not always be a hostile intention?

GLA

Comment (1 of 3 made on 29/01) from the recent This is Money article:

"THG is making hundreds of redundancies to working mothers and disabled employees by asking them to come in to office. Some of which employed as homeworkers and live 5hrs from an office. They have also instructed English UK teams back to the office whilst the Foreign UK speaking individuals are still able to work from home. Matt is failing to pay content creators and instead of pay rises last year he erected a giant gorilla in the office to boost morale. "

https://www.thisismoney.co.uk/money/markets/article-14332767/Mike-Ashleys-Frasers-buys-significant-stake-Matt-Mouldings-THG.html

GLA

Wonder what the total advertising income is/will be at CityAm moving forward.

GLA

MA can have BOO

MA can have THG Nutrition for the right price.

THG Beauty can have REVB

Then we can all move on!

GLA

What if MA also gets his own way regarding the distribution centre:

https://www.telegraph.co.uk/business/2024/12/15/mike-ashley-wins-backing-warwickshire-green-belt-mega-hq/

Looks like he has.

GLA

I see the usual crew have rocked up after their daily roll call stand-up meeting discussion they have had regarding their plan of attack.

The time-line is shortening (no pun intended) and now with many variables which could drive the SP up. As I stated previously, positions have now been taken and with further be refined for the long game, the battle of the five armies has commenced, who will win out and own the ring of power?

GLA

I would not even start to understand how the shares were derived, unless we receive other TR notifications.

At this time, it's best to focus on the positives that MA will bring regarding governance. His history is littered with good and bad decisions, but he mainly gets it correct, which should be good for PI's. Regarding his intentions, who knows?

Best focus on the potential that the free float is somewhat reduced along with hopefully organic free float reduction as has been mentioned. Never a dull moment with THG, dare I say let battle commence, I just don't know who the battles will be between?

GLA

MM has terrible bags under eyes, everything not so rosey at board level for Mr Montana.

GLA

Obviously because of the source of protein they provide.

GLA

Or I'll buy more, then some more, and more again. Thank you for the liquidity and let me piggy back on the shorts until the reversal happens, it's coming by the way!

GLA

Ste101, you are right, you've convinced me, I was blind you are correct. I'm going to dump my 300k to help you out as I feel so sorry for you.

GLA

Ste101, looks like the 114k sell will have to be bought back sooner rather than later, in fact it may already have been.

GLA

The decks have been cleared, MM has been give n his instructions to act on the SP or he will be out.

Nothing like when a control freak loses their grip, Ingenuity was face saving, social media posts are run of the mill spin, MM is being encircled, he will be out sooner rather than later, with the spin being it’s a health issue. MM will not survive the next AGM, and hopefully it’s made clear to him that will be the case, so we’ll indulge you one last time with the demerger, now politely leave the stage and put any spin you wish on it, but you’re gone Mr Montana.

GLA