Member Info for Ephemeral

Positive results but no mention of profitability and I thought nutrition would do slightly better. That said when will market reaction be as responsive to upside as it is crateringly so on downside. This is better than a 5% rerate. Good there’s a lot of volume

Yes really odd that there's next to no notice : literally released 10min after markets close. Fingers crossed they are +ve.

Thumper i appreciate your updates, thank you.

Do MyProtein have to pay to have prominence in Morrisons / Sainsbury’s? I’m guessing so. Just trying to understand who’s doing the pushing here (would expect it to be THG)… if myprotein keeps getting seen in supermarkets, gyms, Fraser stores, Hyrox events, maybe less so F1 (given exit and cost) then hopefully there’ll be a break through moment in sales / rev and guidance materially moves to a new basis that is reflected in SP.

Where do folks see things. I’m hoping (dangerous) for positive trading, inc. in rev and profit with more offline growth, a sale of a unit, perhaps some positive spillover from more peace in the world (fingers crossed)… all in all in all a significant re-rating of the SP. 90s would be great

Williams expected to do well next year. So knowing our luck we’ll stop sponsorship the moment it goes big and creates carry 🤦

@RianScott thank you. Here’s to the January update and fingers crossed a bit of a re-rate (that’d go down a treat).

Thanks Crafty, these brokers are a bit all over the place however. My view is there’s got to be an easy 30% upside potential here just on good performance and no more MM gymnastics (easier said than done)… which is why I’m hanging in… beyond if either THG light touch paper in sales and/or divestments then we’ll here’s to a couple of up 10p days…. May I remember topping up one Christmas at 230p to ensure I was placed for upside 🤦… what a plonker I was

Oh jeez - I need this above 71p to break even. Here’s to this next year.

I thought TU was banging. Great performance. Yet will EZJ just bumble around at 500p? What will it take for SP re-rate. If results this good don’t shift it : then what will?

Well done annacott. Would be fantastic if there was another rise today but I’d take it if it closed even. The afternoon SP collapses seem to have vanished and long may they begone

Would be very interesting if it was Tony's Chocolonely - in terms of brand association - but unlikely. Nestle would move SP in a flash.

Getting to that time of year. I’d be content with FID and in the 90’s again. Excellent year all round. Where do others see things

Tom may you share your workings?

Asking for a friend who's that much underwater have averaged down countless times....

VAT recovery - £45m - probably worth about 5p.

Sale of entities - say, £100m (similar as recent... that offered zero to SP)... c.5p

MM stepping down with experienced FMCG CEO taking helm - 20-25p (I really think it is that much).

Turning a profit (so so far off)... but say £50m provide - 20-25p

So its MM out winning the day... what is GLA doing? There's such obvious conflicts to support this.

Sparsam your post needs to go to the Senior independent NED Susan Farr, Chair in copy (if GLA can be found).

That is brilliant. Absolutely fantastic and on point. Where is he?

https://x.com/THG_KONG/status/1966747447117353094

Anyone hazard a guess as to what Fraser's average SP is for their holding. Mid 40's is my assessment from when the first crossed threshold in Jan'25. Asking as I think Frasers will assert pressure (hopefully) if THG continues to trading sig beneath

Surprised VTY opted for Farr given both performance and governance concerns at THG. As a NED it is not exactly a directorship one may want to have on CV. Surely it prompts questions on oversight; accountability (enforcement of); conflicts, etc.

Thanks Thumper.. always read your route posts with interest