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Just shows how far removed from a listed CEO MM is. Name another CEO posting such on LinkedIn. And if it was stupid then why is it not now.

"On the Investor/City calls, we constantly faced the same question: “why don’t you sell or close Beauty and Ingenuity, and just keep Nutrition? The Group would be valued at least double if you did”.

The answer was always the same: “Errmm, because that would be stupid!” 😯 "

At pauldrayton when did Sam Moody suggest this please?

At got-banned may you share that linked-in post please?

THG should have sold to Apollo for c250p if that was what was on table a year ago

I agree I massively misread Moulding. I thought he was going up against establishment and trying something different with competence behind it. Wholly wrong and it’s not as if the clues haven’t been there. The nutrition rebrand and insulating customers from whey fluctuations has been an unmitigated disaster. As is the complete lack of self awareness and ability to reflect and grow. We have all been let down. Including the Trust.

My hope is a bid - esp. if it goes public - forces BoD and separately MM to respond. In my head the BoD will want to be seen to be being independent in such event. Anything over 100p will, in my view, require a rationale for rejecting… given MM and BoD did a placing at 49p.

An outside bid would, i suppose, be predicated on MM exiting. That MM would resist. So unlikely to succeed. But in reverse there is very little risk in a PE outfit making a PE bid now at a low-ish valuation, say 120p / share. It would force BoD to then explain rationale for demerger at current valuations when a more than 100% is available. Even typing I can see I’m trying to find a route out.. I would very much celebrate an exit soon at anything north of 100p … given up trying to understand this business; leadership; BoD - it’s simply too opaque

No one is. But it is the duty of the Board *led* by the Chair to act in the interests of all shareholders. There has been no leadership that I can see from GLA; direct or implied.

It doesn’t sit well with MM being in both remainco and newco. Related parties committee and Chair haven’t overtly demonstrated their functioning as yet and I am concerned remainco will just fund newco through charges without any benefit in newco upside

It’s GLA I’m really disappointed in

Anyone heard anything from GLA or other independent director? Silence is deafening. What do they do at their Board meetings?

My average is 99p. LOL it actually is. Wonder if it'll ever b/e.

Had a call this evening from a friend (some I worked with) who runs an amazing community enterprise. They have cancer. It’s not going. Eventually they will. I spent most of today flitting on this phone, concerned at my exposure to THG - amiss - that nearby (I didn’t know but hospital down the road) a friend was wondering what exposure to life remains. I am well well underwater on THG; a fool to have averaged down (repeatedly) but it won’t drown me. Not a lot can drown any of us other than the measure of value that are our loved ones, friends, joy in the moment. Wishing all well on this board. No need for the inner swiping at each other : how does it serve us. Sincerely hope for an upward trajectory in SP. For it to be sustained. For a sensible exit for each of us. And of most import that we don’t allow a shareholding to consume us.

At Kim Jong Un… please may you share your workings to arrive at a 143p remainco pls.

Hopefully Apollo return

I think market just trying to make sense of it all (as are we). Agree an external offer for Ingenuity would really help. It needs to be soon however.

120p for all three at Rock8. Whoever buys reqs ability to also quickly make upside. And with speed MM is moving at window will close soon. I would prefer an external bid for all three and clean exit over demerger. I don’t think Q4 results will be great as moniman hopes. Nutrition leadership are woeful. I really hope someone bids just to force BoD to respond.

Pmh I agree. A bid - if public - would force BoD and MM to respond. I would guess it would need to be around 120p mark as a minimum.

At PMH may you share the complaint wording please. And to whom it is going to. So others may do same

If a party offered more than £307m for ingenuity (EV declared) I would guess BoD would have to accept it -or- give a very clear reason as to why they are not. Put like that you could see a say £600m for each of Nutrition and Beauty and that’s a circa. £1.5BN offer.