Member Info for Hardwell

Ironic isn't it that the very people who said £1.70 undervalued the company aland rejected bids are buying up shares and likely to try take private for a fraction of that price.

This is whey oversold. It wasn't an awe inspiring update but the company is a bargain at this price as compared to market.

It is not good.

I agree on the governance being poor around the Director / Chairman buys...but I take some comfort from it as they clearly think there is upside...

Be really interesting where this goes now. If separation is clean and complete and a decent set of results are posted then we could see a real boost.

If on the other hand they're mediocre and/or show declining sales and legacy issues with the split with lead to lack of clarity...

I think on balance the upside is worth it for me, hut then I got out last year at a much higher price and have come back in at a touch over 40p...and with what I can well afford to lose if I'm wrong.

The very limited free float coupled with nearly all director buys in last 2 years being well above the current price is encouraging for me.

All it would take is a decent set of results and positive forward guidance to make it pop...but then that's been said for years.

Ever the optimist...

I'm back in. Happy days. I must be mad. Sadly I'm not the 2x £3m culprit...

Jees. Just catching up. This is a terrible deal for LTHs. I genuinely can't believe the IIs are allowing this. A number have seats on the Board. I can only assume they know something that PIs don't. It's the only thing that makes sense otherwise why would they back this?

Rejecting Apollo has only benefitted one person. Wish I had a company with a hyped up share price that I could sell to the market for £bns and then buy back 5 years later at £Ms. 😂 I've missed my calling in life.

The shorters may indeed present an opportunity, I agree.

The more I see of what's been done though makes me think Ingenuity has been taken on the cheap. Remember Apollo supposedly valued it alone at more than the sp of THG in entirely 18months ago? Well...according to one person of course...nothing official ever released. Assume that's correct, it's 100% been taken for a fraction of it.

The upside for those remaining with RemainCo of course is that the millstone of never ending capex has been removed. So although taken on the cheap. May be the best thing that could happen long term for Nutrition and Beauty.

I still don't quite understand how Ingenuity is going to be funded moving forward at the rate it burns through cash.

Overall my view fwiw is that THG has always run off getting people to invest but never providing a return. The opportunities to get more cash into the company which burns through it are limited, as investors have become wise to it. This is another attempt to get cash in, but it's becoming increasingly desperate.

There are only a small number of people who benefit from this exercise and be assured it is not PIs.

This is all just another episode of the drama of THG and fundamentally now, nothing has changed. The businesses are still the businesses they were yesterday, they still lose money at the same rate they did yesterday.

The best hope for PIs is that the Beauty and Nutrition businesses can now be run independently and profitably (albeit I'm sceptical about this as they are still dependent on Ingenuity). This could be done without the millstone of Ingenuity around their neck.

At the rate Ingenuity burns through capital it will need more cash injecting on an ongoing basis.

No point in selling RemainCo shares now. May as well see what happens with the trading and profitability now they've been unleashed.

Michigan

Wonder what the big boys are over from America for.

The problem with promises is that many have been made in the past.

I attribute the fall to a lowering of nutrition revenue in an expanding market (I don't buy rebounding, who cares what tub your powder comes in). The substantial debt figure increase will also be guiding the price down.

Credit where it's due for a great article. But remember as investors to look at the numbers, the business model and the benefit to you individually of any demerger based on your level of investment and risk appetite. Take the emotion out of your investment. Hoping for a cracking set of numbers to accompany this. 😁

Can you hear the drums Fernando?...

It's quite simple, MyProtein is no longer fashionable. Its just not the brand of choice anymore. The new packaging is poor. Bulks for example is much more attractive. They've also dropped competitiveness on price at MyProtein. Check the read across.

Assume no one here actually uses the products and goes to the gym...

We've heard it all before though...smoke and mirrors...

...premium listing...

...strategic review...

...Holland & Barratt...

...Homebase...

...New NEDs...

...losing loss making contracts...

...constant currency adjustments...

...adjusted EBITDA...

...inter- company transfers...

...gartners magic circle...

...its the rebrandings fault...

...frasers...

And yet people lap it up. 😂

I think this is the RNS we've been waiting for for 3 years. £10 close for me.

Oh sorry, 10p.

😂😂 Smoke and mirrors. No numbers. 😂😂

Bravo. Just bravo.

Don't know how so many here invest in a company they know so little about. 😂😂

50p incoming 😂😂

See you at the 7am RNS...

I don't think anyone should sell their shares. Too close to AGM now...if you're still in now you may as well lock in.

Don't worry. The 15% fall is just the market taking out stops so all those desperado buyers can get your shares 😂😂 that's why the price is falling. Defo. Defo.