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Mad how SP at start of year ~46p. In ~32p. Surely THG in a better place today than turn of year? It’s just so very odd.

Could really just do with a slow steady rise until AGM. I can’t see material news until then or shortly before, as is the way. And please… no LinkedIn posts from any of the Exec.

600p is a steal. Stellios wouldn’t accept that. What would be good is if bid came in and it kicked off an auction with one of the gulf carriers. 🤞

He’ll only be ousted if major holders exc. MM push for it. I can’t see that happening, sadly. Would welcome Mike Ashley taking a seat on the board. MM stepping down as CEO but being retained on BoD. Won’t happen in a million years though. I mean even on the investor calls - no one other than MM may speak - it’s comically controlling.

Im struggling to vote with Barclays Smart Investor - appreciate it is a nominee account - may anyone share how they have done this successfully please.

Well put Telxx - and I think Kelso saw this and admirably acted. The other major shareholders have not or will not. I would welcome FT or similar querying THG Board performance over last few years (previous FT articles have been enlightening). Meanwhile GLA on circa £10K week (from memory) for incredible share price destruction. Incredible.

GLA joins 22 Mar 22. SP c.92p. What’s happened since? Has the Chair demonstrated value? It should be okay to call out non performance. The Chair has not performed.

Davffed, they will not remove the Chair. It is the ineffective Chair that should be removing Executive and commanding BoD acting in the interests of all shareholders. Surely the Chair can see the obvious conflict with the CEO also being the CEO of the biggest supplier ingenuity. Yet has instigated nothing. The Chair has and continues to fail.

This has been said countless times before and the result has gone the shorter away. The idiosyncratic risk with THG is off the scale. Why? Ineffective Chair.

Anyone got MP clothing? If so any good? It’s not exactly cheap but subject to quality would appear good value.

You could ask for the advice the Board were provided with.

Here’s to positive news soon

Would shorts strategy simply be MM. I can see why MM is seen as (and is) liability. As in non-existent Chair. At this stage the chances of the Chair kicking in and performing his role are 0. But MM and BoD failings - extensive as they are - is that enough to base a short strategy on? I would be thinking the counterfactual… what happens if they actually pull it together for a period. OMG how does my short perform then. The ‘risk’ that MM and BoD make a few good decisions must be quite high given eventually even a failing team has a good moment or two and assumption they are incapable of doing so is all priced in. The comedy in this - that makes it theatrical - is that, per another post, it could simply be pure dumb luck in a VAT decision - nothing to with BoD - that changes trajectory. Amazing

Odd tho.

If we see +ve H1 results on horizon.

+VAT decision.

Material reduction in debt.

That SP has tanked from start of year.

All Iran related. I doubt it.

It just seems to be forever loss stock.

I recall once - stupidly - thinking this won’t be below 100p for long, what an opportunity. No. What a moron I was / am.

GLA bought in at higher levels but has been conspicuously silent since. Is he really a Chair or just taking the £££. The FT articles do well in exposing THG imagination

How could MM have someone with ext. experience - doesn’t align with the supreme one being above all inc. the Chair. Really disappointed this continues to drift. I think some funds won’t touch it with a barge pole until a year or two of targets are hit and MM steps down as CEO.

The chap constantly replying with a SP graph. OMG 😂.

That’d be £48m / annum + £78m in VAT rebate. Equals re-rate. Fingers crossed.

Fingers crossed Navek.

In which case… seems odd the markets have not caught on. A VAT win is +ve to tune of at least £78m and SP has been tanking. Fingers crossed it rebounds. Else it really is all very odd