Member Info for Farrell93

I sold last week as it's clear which way the wind is blowing. Hoping to make a few quid on MADE and I will add back once we see a few positive days. Surely this cannot be dragged into the 20's??

The key will be the form 8.3's for Level, Partech and Haka which will need to be disclosed. If we see that the three major shareholders have bought significantly more then we know it's takeover time!

Farringdon's previous position according to Market Screener was 12,052,224 this has increased to 16,921,406 on the latest 8.3 form. The big boys all want a slice of this!

Barclays appear to have also increased their position by 300,000 shares

Interesting Trium Capital Manager's have bought 500,000 shares since the 23rd.

Wayfair? Chinese investors looking for access to marketplace with £100mil+ sales? Strategic partnership with high street retailer? US PE whale? Good company which has been run badly. It will be interesting over the next few weeks to see the 8.3 forms and composition of major shareholders including buying/selling activity. One RNS confirming multiple approaches, granting DD and this will rocket.

Bought in today - maybe a punt but I think there will be interest in buying the company at the current SP.

Next few years Looking very bleak for the UK - indeed we may even see another IMF bailout at this rate. Really need to see some deep spending cuts and coherent monetary policy to get us out of this mess and restore confidence in the £. I think MM and the board would be wise to take further steps to protect the balance sheet in advance of the impending macro sh*t storm.

Unbelievable we have been hammered all day by BOO posting a weak update and BOO now blue. This could only happend with THG

Yes I don't think the BoD would accept a bid at 170 now either. However, another bid would be a great opportunity for LTH's to exit if they so wish.

It will be interesting to see if Belerion/King Street put forward another offer this year. Based on further weakening of sterling since the Bid Situation, a 170p bid in today's money would represent an approx. 25p discount on the previous bid (excluding any additional financing costs from FED rate rises since). Added to the collapse in share price from over 100 at the bid situation to current levels, I'm not sure it would be as straightforward for the BoD to bat away another 170p offer without granting DD.

The preference should be to agree a strategic partnerships for nutrition on the condition of using ingenuity and unlocking value. However, if this is not forthcoming, I think MM will act before the golden share expires next year - it will be more straightforward for MM to make an approach by resigning his role as CEO.

Agree HH can't really see a play for MM to take private on the cheap whilst still acting CEO. However, I could see a scenario where MM resigns as CEO and starts stakebuilding as the largest shareholder, subject to clearing all requirements of the Takeover Code

November 2021 when MM did the infamous GQ interview and outlined his regret over listing the company -SP at that time was around £2. What must he be thinking now??Whilst, I'm happy to put this in the bottom drawer until 2024, I think lowering my average is still a good move to protect against a move to take private on the cheap.

Bought another 9000 shares today for just over 3.5k! Crazy buying opportunity.

4/5 years Anacott and SP could follow the same course as Frasers from 2009 (40p) to 2014 (800p) if we are not taken private in the interim

Think Matt's mum will be picking the phone up again if this carries on

The media articles/broker notes are just noise. MM is a self professed wale hunter. I hope he pulls of the unthinkable and harpoons a Nestle/Pepsi et Al to buy a big stake in nutrition and announce strategic partnership with ingenuity. Let's see what happens to the SP then!

Interesting that MM still sees nutrition as being valued around 4x sales. He didn't go into detail over beauty but you would expect he sees a similar metric looking at the likes of ELF. In total does he really think the company should be valued closer to the £8billion mark based on a sum of the parts? If the advisors are basing their valuations on similar assumptions, it would infer the board would need to go against their own advisor's recommendations if accepting a much lower offer.

Fair to say MM probably feeling more aggrieved than any of us given he is sitting on a paper loss of give or take £1billion in just over a year!