Member Info for Farrell93

Most likely because the offers were opportunistic at 200p or similar. Can see on one hand MM is maybe wanting to plot a path back to IPO value without putting a ceiling on the SP.

Good summary. The BoD's No.1 priority has to be to put the company under a sustainable ownership model ASAP. The BoD cannot allow the rot (that has been instigated by the shorters) to seep into company.

I've upped my stake by another 20% today. The shorters really are p*ssing against the wind attempting a managed exit

I don't disagree with you on THG's long term prospects. However, I cannot see anyone would be willing to pay close to the IPO value given where the SP is at.

No one is buying this company at 500p per share. Once MM's founder's share is out of the way, things could get very interesting

Premium listing cannot come sooner enough!

Agreed this all comes back to MM's golden share option (not sure if this has been formally withdrawn yet). Ultimately a hostile takeover will arrive at a fair valuation

My gut feeling is that the approaches were opportunistic based on how low the current SP is. If we are talking about an offer of around 200 ps, there is a long way to get to what the board considers 'fair value'!

Interesting searching 'WPP The Times' on Google. Every article is positive. Think it's clear the Times and WPP have a joint agenda against THG

Imagine selling at 95p a share ??

EBITDA down and operating loss of £137.5 mil so not an entirely rosy picture

If we see operating loss of 30mil+, think it's a poor showing for a company with a revenue of £2.2bil. The board need to show a genuine commitment to becoming profitable for the share price to increase significantly.

On the financial side, I cannot see Thursday’s results being largely different than outlined from the Q4 update. For the SP to increase considerably, I think there needs to be a clear indication on Softbank’s current position and further details on how the Ingenuity side of the business will grow. Whilst I am currently strongly invested in the company, I don’t think I will be investing further at this stage despite the current broker upside view. The reason for this is that I think there are other forces in play that are not currently public knowledge. The two main reasons are a) the fall in the share price in the last 12 months does not represent the ‘teething problems’ with governance etc. and b) the recent newspaper articles have been based on very weak sources but still appear to be gaining traction. My personal view is that we will see some movement on the PE side (and wouldn’t be surprised if the due diligence stage is already at an advanced level) pending Thursday’s results.