Member Info for Hardwell

😂😂😂 Good luck all, but I'll buy back in at 45p after the Q1 update. The "must be something happening" crew deluding themselves as they have for the last 2 years.

To be fair we're well overdue a new made up bid....

Yeah but Applied Nutrition is run as a proper business and has proper business owners with a serious stake. It isn't run by a cowboy with all but controlling stake and a list of vested interests longer than the annual report...

The "you clearly have no idea how to read a balance sheet" comment from him cracked me up. TBH I think Mouldy thinks no one can read a balance sheet either. It doesn't lie about all that "profit" he is so self-congratulatory about. If this is profit, god help us on a loss.

Lol and as if by magic...all the negative and / sloghtly challenging or questioning posts have been whitewashed from his LinkedIn. 😂😂 Only the positive posts have been left untouched. 😂😂

AGM voting can't be whitewashed...

Just read this. I think he actually thinks the company is making money. 😂😂

There's a big difference between achieving guidance and making money. The latter this is not.

Some interesting negative replies groudned in reality...which no doubt will at best be ignored or most likely be deleted and blocked.

You can't really window dress that call. It was bad. Where is Allen?

However, results in line with the Q1 update and in line with expectations. For so long everyone's been calling out that THG doesn't hit guidance. It just has. There is no pleasing some people.

Guidance achieved. Results as expected. There are no surprises here other than the surprise that they hit (and did a tiny bit better) than expected.

Bizarre bit is no notice and separated Q1 update.

Stop bringing Hardwell 💪💪💪 into it.

@Crafty on the call quote...look at it. It says rhe customers are of £1bn gmv. It does not say at all they are £1bn gmv "WITH Ingenuity". A very, very important distinction... 😉 IYKYK

@Crafty...nothing wrong with that. I want to know too. And the details I've cited. If we knew it would be helpful, i agree. Our CEOs wording on Whales is very specific however. It is worth listening to exactly what is said on the investor calls.

I just don't like everyone citing £1bn gmv as though it's some panacea when for all we know the margin might be 20% or 0.5%. May was well take a dart and throw it at a chart.

GMV is still meaningless. It just rhe value of rhe goods being shifted. Big numbers sound impressive. "Wow - £1bn fulfilment". I want to know if costs of fulfilment are being covered and what % margin is on the gmv. Otherwise it is meaningless.

I can't get my head around it. If the Board and MM cared about the share price there is loads that could be done. A whole action plan based around investor engagement, feeding the market information, transparency, growth strategy, cost cutting measures etc. could all be done. Projections into the future etc.

It just smacks of either MM not being capable of it, or they don't want to.

And yet I'm thinking of buying back in 🙈🙈🙈

@OSG I agree with you. There are so many ways MM and the Board could increase the share price, that I keep thinking they actually don't want it to rise. A share buy back with positive FCF and some of the cash available would IMHO be better than any sort of dividend (not that a dividend is even nearly on the cards).

Hindsight is a great thing. I was convinced when I sold on Friday we'd be looking at 80p this week, but clearly not.

I don't think Q1 will be brilliant but I think Q2 will see savings from all the redundancies...most of the people have moved on now so saving will feed through.

MyP revenue will be down YoY. Beauty will be OK. Ingenuity more fudging.

I don't buy into the FUD around results day. MM has no time for the City and has shown he doesn't do advance dates on multiple occasions. Final results for 2023 in line with the Q4 update and no nonsense writedowns will instil some confidence.

If it gets down to 59/60p I think this will be just too tempting. The upside will be worth the downside risk.

Problem is you can't trust what Matt says, so anything could happen as we know. Could be 30p or 300p this time next year.

Tempted to come back in...oh this share, it is addictive.

Sold out yesterday whilst above water at about 69.5p. Happy with getting out at a positive point. Shame I need the cash but I'm not willing to leverage my holding of THG. Wish everyone all the luck for the future with this. 👏 Hope you all get a great return. Laters.

@pmh198 absolutely everything I want to say in a post and more. Hats off to you sir.

Can Hardly believe my Harwellian eyes...

Thought it would peak too soon today, a story I'm all too familiar with...

👏👏👏

Ocado only seems to know how to lose money...it'll be profitable when, exactly?