Member Info for Got-Banned

Strange how the ceo turned down £1.70 that undervalued the company yet happy to massively dilute and basically sell himself a large chunk of the business for 32p? Surly that undervalues the company? Right? Right!?!? Right!?????????

Amen brother! This is exactly what I am hoping.

It would make my day to see him voted out. I’d like to see him crying in the corner of the agm while the SP surges.

Maybe ingenuity owner Matt will vote out THG CEO Matt for failing to increase revenue through his distribution business 😂

Wow… has there ever been such a clear and obvious example of price manipulation than the last two days.

That would be the dream scenario! Fingers crossed.

Seeing Moulding kicked to the curb would fill me with joy. He’s not just hated by the city, but by everyone it seems, but hey he can’t be the problem right!? It’s everyone else’s fault that they are picking on him 😂

The large shareholders must simply not care.

Crazy really. You’d thought they would be down so much because of these individuals that they would vote them off out of anger and protest. Maybe they don’t want to rock the ship and create themselves problems.

I believe it was yes.

And if memory serves me correctly - Matthew Moulding made a child like LinkedIn post on the lines of Ian stepping down from the board but will be even more involved as a consultant?

Vote them all out. All a bunch of self serving, narcissistic ass holes who look down on ordinary people in my opinion.

The city was right not to trust him.

The man acts like he’s getting picked on when it’s literally his failures of being a ceo and self centred decision making that has got us here.

Remember the video making out his has the same story of David Beckham and is going to make a comeback from all the hate… you have to laugh.

Keeping my fingers crossed for another fake bid that will be turned down for under valuing the company. Just have to play it right to get out before the usual dump.

In all honesty I’d rather see a RNS stating MM is being sent to prison for fraud than a buyout offer.

He would probably still try and flex his little arms for a LinkedIn picture while being pushed inside the police car.

The Ingenuity deal was terrible. How do I know? Look at the share price. If it was good it would have went up right?

I wish the best of luck to everyone but would I want to invested in a loss making, high capex delivery business run by MM? No thanks. It will need a cash injection at some point and that is when the dilutions will start.

Talking realistically, using literal examples of previous dealings within the company is not spreading FUD.

And anyway these boards don’t mean anything. It’s good for venting, and sometimes is a bit of group therapy knowing others are in just as terrible position as yourself.

Anyway, enjoy your day.

There is one big issue you have missed in your calculations and that is - we do not live in a fair or just world.

To take a real world and recent example of the scenario you have posted - Ingenuity.

Apollo (one of the world largest PE firms) apparent offer of 60p per share of Ingenuity. This, along with the remaining capital for the entire business was turned down due to be undervalued. The 60p ‘offered’ was roughly 1 billion for Ingenuity alone.

Flash forward a year or two and it’s taken private for 25 million. Let me repeat that -£ 25 MILLION

That’s a £975 million difference. Where was the opposition from the BOD? The chairman? The shareholders?

Now if we apply the £400 million valuation for MP - rejected for undervaluing the business, we must assume that the same Moulding discount will apply? Taken private for what, £15 million?

Now this sounds crazy right? Like that will never happen? But will it? This is why the SP is where it is, nothing can be guaranteed with THG other than missing targets and financial manipulation from the CEO to benefit himself.

I remain invested purely as I’m down, and I pray for a bid so I can jump ship again. This time I will not be buying back in.

Nvm it’s back 😂

My post was deleted again.

Someone is obviously monitoring this board and having posts deleted. The plot thickens…

Looks like my post was deleted yesterday so will say it again.

THG can and should have been a good business. Anyone invested should not beat themselves up about it.

We are victims of fraud led by a conman CEO. He has fed us all lies over and over again, gaslighting us into believing there is a large valuation gap whilst lining his own pockets.

Moulding once stated that Apollo valued ingenuity at 60p per share, roughly 1 billion at the time? Yet this undervalued the company. It’s strange that within a year or two it went from 1 billion to 25million whilst having record revenue?

Or how about gaslighting us to believe that entering the ftse 250 will be the saviour whilst diluting the share price with a placement on day 1?

The fake bid from candy man before terrible results? The fake bid from Selkirk?

Hiding any sort of detail or figures of the ‘arms length’ deal with ingenuity?

The list goes on and on, he is the reason for the SP destruction and he is going to end up manipulating the situation to line his own pockets. Crook? Conman? Fraudster? Pond scum? All of the above. I hope he is doubling down on his security spend.

Sobering reading.

There is value in this business and it SHOULD be a good business.

Sadly we have been fleeced by a conman. I know there is hope of a buy out etc, but if the snake takes this private for peanuts we really will get shafted. If I had an average in the low 30s I’d be long gone.

I hope this turns around.

I expect this is going to go private and tank in price, leaving us with a decision to sell at 15p or take the private shares and stay stuck with this fraudster.

Oh the irony of Moulding’s old post of ‘pond scum’ yet he is so much worse.

If brokers are pond scum then he is a turd floating on the pond.

At this rate I’ll be putting in a bid for £100 and a packet of half eaten monster munch

Imagine a day when THG posts some good results?

Didn’t even bother reading MM’s comments, literally a waste of space who cannot be trusted, nothing he says will be believed.

Ah well, maybe next year?

I wouldn’t be too keen on taking this off the market. If it goes private, like other shares, it will TANK and then we are stuck sucking up massive losses or holding shares in a private company.

So it’s the government’s fault?

Why can no one have the balls to point out the elephant in the room.

We all know what that is. No need to go through the long list of financial/governance/investor relation issues.