Member Info for CheshireLad

Don’t you mean flexible with the truth Tigger!

Post a copy of the exact trades then Tigger!

…..sick to the back teeth of MM, as are some of my former colleagues who now work for THG.

GLA

Something is happening, It's not just a coincidence that nearly all of the Governance concerns have now gone, with now being replaced by a large investor concern regarding MM and the conflict now having a vested interest between Ingenuity and Remainco.

We've seen the golden share disappear (much like GLA), Icon business park sold, the demerger of Ingenuity, main market FTSE 250 inclusion on the horizon (but will it get there in terms of qualifying or a part/full capital event beforehand), and MM reducing his Remainco holding, which may be a red herring, but I hope not as he appears weakened, and the II not taking up any additional Ingenuity percentage as far as we know, again they are big enough to not be affected by any MM Ingenuity dilution tactics and can hold their own if they see fit with a later investment in Ingenuity.

Therefore, is the plan with Selkirk, PE, or trade? Or a combination of both? MM has recently goaded the city, and I might add a broadside at PE or trade also. Games are no doubt afoot, and any stakeholder or prospective stakeholder will want the best (cheapest) price. The next 6 weeks should be interesting and all things being equal should see an uplift in SP reflecting the positions taken, or, about to be taken., and shorts not visibly increasing at this time. I hope current Institutional Investors ae aligned somewhat with PI's, but don't expect any favours. However, all stakeholders who aren't MM or his sycophants will I'm sure be tired of the whole debacle, I know I'm.

GLA

They have been taught a lesson by Apollo in how to extract long-term value where there is non currently present i.e. copying Apollos playbook. The same can be said over at WG.

GLA

The words flat and a sitting duck spring to mind.

GLA

THG needs to get back to basics, selling stuff and not being distracted by the fancy tech, nonsensical rebranding, smoke and mirrors capex, overly favourable Employee share and benefit packages. Throw in a new high turnover product line of retro CD’s aimed at make up wearing gym enthusiasts, and we may start to increase margins. Failing that, recycle the plastic from Kong and the BOD’s credit cards may also significantly improve margins, just a thought!

GLA

Contempt, red this new article but old news:

https://ww.fashionnetwork.com/news/Thg-gains-fca-approval-for-shares-move,1694108.html

GLA

In Morrisons,

Muller/MP protein shake £3 and equivalent Arla 2 for £3. Also MP choc pancakes reduced to £2.

GLA

St4,

Completely agree, a well phrased and, at this time, realistic post.

GLA

They will tell us and it’ll be for mates rates buy-in of Selkirk, imho. Hopefully any cash receivables will pay down debt, but they will have to quick as I foresee a slight uplift in SP in the back of being main market, that’s unless someone is in cahoots or in the know of who has been selling, whether that be II’s, individual large holders, or the Shorts?

GLA

Sounds like he'll get on like a house on fire with MM, I wonder if they go the toilet together and compare, cough......egos and their next social media posts.

FFS, just goes to show, it's actually all show, no substance at all. Hopefully there is no sleep because it's their conscience keeping them awake.

GLA

Mouldy give us a wave, Mouldy Mouldy give us a wave.......on your way out of the door!!!!

GLA

P.S. Even though it's tough to take, really tough, best remember their is little we can do about the SP destruction. Only a large swing vote at the AGM might change anything, might being the operative word. The question we should all be asking ourselves is will we even get to the next AGM, is an EGM more likely?

Mouldy give us a wave, Mouldy Mouldy give us a wave.......on your way of the door!!!!

GLA

P.S. Even though it's tough take, really tough, best remember their is little we can do about the SP destruction. Only a large swing vote at the AGM might change anything, might being the operative word. The question we should all be asking ourselves is will we even get to the next AGM, is an EGM more likely?

Do I sense a change in tone from our resident naysayers now that 40p has been hit once again, is it just me?

Is everyone loaded up now (shorts closed) and flipping has now changed to long-term.........albeit non of us really has a choice doe we?

GLAA

Hope the big buy(s) aren't MM.

Glad I got in at a lower price with my own top up, but obviously not quite as large 🤣.

GLA

I've joined you OB and purchased again to get the average bang on 50p.

Time to sit and wait, giving it 9 months to see what occurs, if anything?

MM, MM's, LSE, & Brokers......pull your fingers out!!!!

GLA

I agree Oke, he is now exposed in regards Remainco, however, this may only be for a short time. We know the update is probably going to be bad, and MM is also cashed up. He may well simply buy back at a lower price to regain a modicum of control on Remainco, the saving Grace it would be in the open market.

In my head I’m thing MM owns roughly 40% of Ingenuity, is that correct?

The next 3 months are going to be another THG rollercoaster. As per one of my earlier posts, the Selkirk thing if it does happen, worries me from a Remainco SP standpoint. We all want to see a SP uplift but if Selkirk do come in, is that likely to change the SP trajectory? My concern is the structure of any deal with Selkirk, like Ingenuity, having no material impact on the SP.

I have to say at this point, personally I hope PE come back in, I understand that won’t be acceptable for all those with a much higher average than myself, I’m Currently averaging 51p after too much pain of averaging down, and I simply want out, but at a Irish value, one way or another.

GLA

I wonder if he’ll come back from his skiing trip with another Kong on order?

GLA

He’s not sold down, just converted a 3rd of his Plc holding to Ingenuity, going for majority shareholder status. Who knows may see him back buying more Remainco shares in the open market?

I would not put anything past this scoundrel, he is probably also an unnamed investor in Selkirk, remember IM presentation, some Selkirk investors did not want their names in the public domain?

GLA