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Recent notes from Analysts have THG at big percentage jumps from where the THG SP is now - Jeffries £1.05 and Peel £2.72 within 2 years.
Not long before we have an update on Partnerships and Strategies
I am hoping for news on an equity deal with Nutrition to release the SOTP and then a review for later in the year to IPO one or more divisions on a different exchange.
FOR SALE signs are up its just a case of who, what percentage, when and in what order :)
Jeffries Note: THG growth to be fuelled by partnership, analysts expect
“Although a divisional IPO has been mooted, we see a strategic partnership as potentially more likely, opening up new growth and synergy options,” Jefferies said in a note on Thursday.
This could well involve a minority stake in either the e-commerce retailer’s beauty or nutrition divisions, “providing upside for the investing partner”, said the bank.
https://www.proactiveinvestors.co.uk/companies/news/1043203/thg-growth-to-be-fuelled-by-partnership-analysts-expect-1043203.html
Peel Audio :
https://www.linkedin.com/search/results/content/?fromMember=%5B%22ACoAAAGgyL8Bva8zSyW16sgzjspsH2EeN6fUe7I%22%5D&heroEntityKey=urn%3Ali%3Afsd_profile%3AACoAAAGgyL8Bva8zSyW16sgzjspsH2EeN6fUe7I&keywords=matthew%20moulding&position=0&searchId=01089cc2-b1d0-4a9d-a5c6-557f03dc29db&sid=YdP&sortBy=%22date_posted%22&update=urn%3Ali%3Afs_updateV2%3A(urn%3Ali%3Aactivity%3A7177985344519184386%2CBLENDED_SEARCH_FEED%2CEMPTY%2CDEFAULT%2Cfalse)
MM says macro is changing for the better and all operational work for USA listings is complete and ahead of schedule
IMHO he has to unlock the SOTP and soon - Roll On Results Day :)
Cmon Matty when will it be our turn :)
No liquidity, no chance: Another London-listed firm heads for the exit door
https://news.uk.cityam.com/story/2148218/content.html
London-listed software firm Gresham Technologies has been bought out for just under £150m by an American private equity firm.
Announcing the move to markets this morning, Gresham will be purchased by Alliance Bidco, a company owned indirectly by funds managed by STG Partners, a US PE firm.
It will combine Gresham with another of its portfolio firms, Alveo.
Gresham’s board said that the “low level of liquidity” on the London Stock Exchange was one of the deciding factors for giving up its public listing – a now-regular refrain from small and mid-cap listed firms.
Each shareholder will be entitled to receive 163 pence in cash as part of the offer, with directors entitled to a dividend of 0.75 pence per share.
On the hunt for the best protein powder for women? 10 a Health Editor uses to boost satiety and build muscle
https://www.marieclaire.co.uk/life/health-fitness/protein-powder-58034
MyProtein Impact Whey Isolate
Best protein powder for muscle gain
MyProtein has been winning the supplement game for a while now, with this particular product voted the UK’s most popular protein. Impressively, it comes in a massive range of over 40 flavours, including chocolate brownie and strawberries and cream. We mean...
THG Society are delighted to announce that we have been shortlisted by the Performance Marketing Awards, for Best Influencer Marketing Campaign. 🏆
The campaign up for nomination is our H Beauty, Harrods stand alone beauty destinations, Carnival Campaign. This involved 5 weeks worth of events at 5 different locations around the UK. They involved expert masterclasses with the likes of Charlotte Tilbury and Pat McGrath Labs, complimentary treatments from Drybar and myBlend and access to a plethora of beauty products with exclusive offers, amongst much, much more.
The campaign was promoted across a variety of social platforms by over 100 influencers who filmed organic content throughout the events, on their socials during and after the events.
This campaign was a huge success with:
✨ 18M total reach (+4.6M v target)
✨ 3.4M impressions (+88K v target)
✨ 100+ Influencer's Invited
We want to thank Partnerize for nominating us for this award, as well as our amazing team who are constantly so hardworking, putting their all into THG Society and the work they do with all our incredible clients. A huge congratulations for being shortlisted, but for now it's fingers crossed and keep your eyes peeled!
Meanwhile back to the prehistoric LSE - Matty give us the strategic update and get the deals done :)
London Stock Exchange owner faces potential shareholder revolt over plans to double chief’s pay
https://www.bloomberg.com/news/articles/2024-04-07/pay-rise-for-lse-chief-schwimmer-may-divide-shareholders-times
David Schwimmer, the American former Goldman Sachs banker who has run LSEG since 2018, is in line to see his compensation more than double to £13.2 million ($16.7 million) from £6.3 million, according to the newspaper.
Wall Street predicting record growth
https://uk.finance.yahoo.com/news/wall-street-just-gave-its-highest-sp-500-forecast-yet-164148688.html
In a new note to clients on Monday, Wells Fargo head of equity strategy Christopher Harvey boosted his year-end target for the S&P 500 (^GSPC) to 5,535 from 4,625. This marks the highest call for the S&P 500 by year-end among strategists tracked by Yahoo Finance and reflects about 6% upside from where the benchmark average opened on Monday.
Retail sales in the UK spiked 3.2% year-on-year in March, marking the strongest month since last August and smashing the 1.8% forecast.
https://www.proactiveinvestors.co.uk/companies/news/1044835/ftse-100-live-stocks-to-hold-steady-retail-sales-smash-forecasts-1044835.html
Early Easter sales helped to drive up food sales ahead of the long weekend, with analysts also suggesting a rebound in spending points to an easing in cost-of-living pressures.
Helen Dickinson, chief executive at the BRC, said: “After a difficult start to the year, retailers are hopeful that with warmer weather around the corner, consumer confidence will spring back up.
“A strong retail industry can boost investment across our towns and cities, and as we gear up for a general election, it is essential the next government recognises this and rethinks the burdensome costs imposed on retailers."
Could it be they are close to closing a deal?
H&B ink was still wet when they announced that one on the last results day
@yespsb the information that you are referring to is from the Jeffries note and their 1.05 valuation. Plenty of upside from here :)
Wonder who the strategic partner is going to be?
They said:
We see a strategic partnership as potentially more likely, opening up new growth and synergy options,” Jefferies said in a note on Thursday.
This could well involve a minority stake in either the e-commerce retailer’s beauty or nutrition divisions, “providing upside for the investing partner”, said the bank.
Jefferies analysts said that there was “clear confidence” in THG’s growth this year, having met with the firm’s management in recent weeks.
Though the shares have fallen nearly 20% since the start of the year, Jefferies said it saw material upside to a share price target of 105p, which is itself up 75% on Wednesday’s closing value.
This follows THG’s shift to higher-margin sales since Lucy Gorman took the helm in August, alongside its beauty division’s return to positive territory in the final quarter of
https://www.proactiveinvestors.com/companies/news/1043203/thg-growth-to-be-fuelled-by-partnership-analysts-expect-1043203.html
@GTC said Sp always falls when burnt Bob appears
Sheila this post didn't age well, did it?
Am guessing you didn't close your short hence the post, anyway thanks for getting the SP down for me on Friday so that I could get lots of tax free shares this morning.
Even used the wifes allowance.
Love ya Sheila will let you know when its time to carry my bags xxx
Good that we are getting the MyProtein and Ingenuity brands in front of so many people
https://www.boomsocial.com/EN/Instagram/Account/williamsracing-248527863
LSE is broken and that is why THG are taking the steps necessary to leave this prehistoric exchange
How Britain’s stock market is being dwarfed by a blockbuster European rally
https://www.telegraph.co.uk/business/2024/04/05/british-stock-market-lags-france-germany-companies-ditch-uk/
Dearth of listings casts long shadow over the Square Mile’s future prospects
Estimates from Numis suggest that March saw another net outflow from UK equity funds of around £2.6bn, taking the total for the year to £4.6bn.
That means 2024 is on course for another year of net outflows, the ninth consecutive year when more money has left UK equity funds than has been added since 2015.
THG Beauty LSE Market Cap Valuation c255m
Spanish cosmetics group Puig seeks at least $2.7 bln in local IPO
https://www.reuters.com/markets/deals/spanish-cosmetics-group-puig-announces-intention-float-2024-04-08/
MADRID, April 8 (Reuters) - Cosmetics group Puig, owner of brands such as Carolina Herrera, Rabanne and Charlotte Tilbury, announced on Monday plans to raise more than 2.5 billion euros ($2.71 billion) in Spain's largest initial public offering in almost a decade.
The family-owned company aims to sell 1.25 billion euros of new shares and an even larger amount of existing stock through the IPO, according to a deal term sheet seen by Reuters.
We're excited to announce we have launched 150g tubs of Creatine, Pre-Workout and BCAA in nearly 300 Tesco stores nationwide, so you can keep stocked up for longer!
https://www.linkedin.com/posts/myprotein_tesco-myprotein-creatine-activity-7181984024142196737-4HbH/?utm_source=share&utm_medium=member_android
If you're interested in becoming a trade partner, you can find out more at https://lnkd.in/e5APmPSb 🚀
Talking of playground behavior @yespsb it was only a few weeks ago that you called me, pigheaded, stupid and arrogant :)
Thought you sold up when this touched 70p?
Let me guess you have had a change of heart, surprise, surprise
Fancy Ste being in at £6 wow I never knew that.
Our Sheila sounds like she is in a bit of a hole, hope the share price drops a bit more so she can get her bonus.
I want this as low as possible when I load up my ISAs on Monday :)
Oh dear, I think our Sheila has gone into overdrive apologies on her behalf :)
GTC/Sheila thanks for the drop b4 the end of the tax year
THG isn't going bust so plenty of upside from here
@BEO not just peel note there is a lot of interest in Ingenuity ask Apollo and this was from RBC just 2 years ago
RBC said just 2 years ago
We project that Ingenuity Commerce could increase tenfold to £500m of revenue in 5 years valuing the segment at £4.4billion. Yet the market is attributing no value at all
Bloody hell didn't know our Ste bought in at £6 surprise, surprise :)