Member Info for danl90

@pokerchips and don’t forget this is the first Black Friday with dermstores on ingenuity!

We have lookfantastic, cult and dermstore all firing this Black Friday!

I think value was asking some real questions and you can’t call yourself an investor if you aren’t capable or comfortable at answering them

Fool articles are dumb

But the answer is yes. If you think Matt has 22% you don’t need to buy that block as he’d be in the buying group. If SoftBank are taking it private they don’t need to buy their 7% or so. T Rowe in at 195p will be keen a quick profit and Blackrock we know would be keen to see the rest off at a higher level so just off that you’ve covered 40% of the shares and 30% of those you don’t need to buy!

If you say 500p takeover then you’re only having to find £2billion to do that as as I said 30% plus Matt’s mates will roll with you. This is why I think SoftBank will buy the whole lot as they don’t actually have to buy a lot of the company to achieve this

Then they can do what they want with ingenuity. Autostore given the high value of its paper could also roll in some. Auto stores system is amazing but it’s single site. It needs ingenuity to wed it up globally. This is what SoftBank see

Someone on Advfn saying talks are happening with THG. I’ve not seen anything but would be a nice brand to add to the own brand stable

It is already an ingenuity customer!

“ Millions burnt to buy London property when Shein doesn’t have any such expensive property to house designers
Shein uses proprietary software to let designers take part virtually in the design process
Sheins designers don’t need to be in a physical office in the centre of one of the most expensive property markets in the world
Shein designers can be anywhere in the world and design for Shein”

So you sort of miss the point about fashion (and this is maybe because you buy the cheapest everything and your wife left - who wants to live with the guy who buys the cheapest everything?) but fashion is about ideas and collaboration. Being part of a moment and trend

Yes people can design in solo but it’s not the best environment. You want to get the best people together to share ideas and create newness

This is what boohoo and PLT do. Risk the edgy bet by trying new and risky ideas but then are able to do so by a lean test and repeat model

The property is bought now. So it’s no longer expensive it’s ours

I’d have rather capital elsewhere but it’s done

Try shopping at Reiss Kallu. She might come back!

And lockdowns or the fear of them will also be good for ingenuity as brands think we really do need to have a D2C model long term

Tbh boohoo should be using ingenuity to sort out the US distribution issue! Rather than throwing £200m of our cash and us having to wait another 18months for it just use ingenuity and we can be up and running with next day delivery all over US in 6-8 weeks!

Same! I ordered from myprotein last night. I’ve never shopped anywhere else or if I have I’ve soon gone back

Gf got some stuff from lookfantastic the other week and I’ve signed her up to the beauty subscription for Christmas. She was sceptical before I did but first box came the other day and she’s loved it trying each of the different things. Might have shot myself in the foot there as she will want it renewing next year! Ha but for £13 a month for her it’s “fun”

Plus she loves getting a parcel ha

Bit of a thread below of who’s shopping at THG next few weeks! Get the orders in before that December trading update!

Given we had £100m of cash on hand pre Christmas I’d say we have far bigger uses of cash

The cash balance will be around £300m after Christmas (you’re pregnant with stock pre so cash is seasonally low) but Ingenuity needs feeding and while that’s growing it is still consuming cash atm (it will be self sustaining at £400m sales)

Also I’d like THG to get back to M&A ASAP so again buying our own stock is just not key right now

What do you mean by wasn’t pretty?

True that softbanks stake isn’t much now but they were in at 596p so they see value upside

Look at the collaboration agreement some of the ideas there are amazing!

Clearco is a great source of leads

Go puff offering MyProtein in 30mins!

Fit/st sounds good too and hopefully this will be were Autostore pushes THG in

I actually think auto store will drive customers to THG. Look at puma (auto store customer) they want to do more and more d2c but will they have money eventually for EU warehouse? Can they risk £300m of capex when demand might not be there?

Huts solution works for this! Missguided atm can’t get to the US properly. Hut works for this! Boohoo is also the same

The huts thing here is bloody selling the platform! Get some salespeople and push it

With the share price being so low now is that any of the aggressive moves THG could have made to send a rocket up the share price can’t really be played ie selling Nutrition

Look at Gymshark and MyProtein is clearly worth a fair chunk however why would someone pay over £1bln for that when they could now own half the company?

You’d never get a deal to stick. It’s the same with the SoftBank option which is why I think SoftBank will buy the lot in time

I haven’t said they are burning cash in America. I’m saying the cash is going to growing ie feeding marketing and gaining share

Not a single thing I said at all about bad margins

I’m saying it’s priority. It’s typical for all businesses you have areas you want to do but then you focus

Primark is just the same ie only now looking to go to America after focusing elsewhere

But a shame your wife left after your house full of Primark stuff. I’m sorry about that for you

The dilution for matts bonus has happened Kallu. We haven’t been diluted just the guys who held shares at £8

Hope this helps

Do you research any points before you post?

Wife still not back?

There seems to be a confused point that THG has £700m of net cash

It doesn’t!

That’s the figure including facilities. The cash at the last update was around £100m

No Kallu it’s priority of capital. The USA is a far bigger prize. Prioritise money there and just use a capex light model in smaller markets

Primark have a similar strategy. One market at a time only boohoo are three at a time presently

UAE is small beer for Debenhams so if someone will do the grubby bit let them for some old brands

PLT is a big brand out there. Lit up the Burj last year don’t forget

Still buying the cheapest everything Kallu? Bet your house is lovely!

Need to keep a look out for Chrysalis and their next fact sheet. They are a big holder, even pre ipo! They all invested again with SoftBank at 596p

I haven’t said they will fail. My view is that it’s a clear indicator of misvalue here

Also “hard to break into” india is a glowing market for myprotein

So the other day I shared an example of an Indian online beauty retailer which is valued at $14bln on revenues of just $330m

https://edition.cnn.com/2021/11/12/business/nykaa-falguni-nayar-india-billionaire-hnk-intl/index.html

So where would that put THG beauty?

And then there is

https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2021/11/16/india-mensa-a-house-of-d2c-brands-becomes-unicorn-in-just-six-months/amp/

Which is valued at $1bln and all this does is take a stake in e-commerce businesses and help out with the website etc. No warehousing etc or any of the other stuff

Again this is all just madness. But I also think this shows that THG shouldn’t split and they should also go for a model of backing more sector winners

And online pet food retailer was taken private in Netherlands for an insane value only a mont ago