Member Info for Hosai

US Natural gas now down almost 8%...Fed couldn't have predicted such a fall, will make an interest rate pause more likely.

Original link was this sorry - https://site1-testweb-001.thehut.net

I tried adjusting the test link to https://site1-testweb-002.thehut.net/ which takes you to the hut, and https://site1-testweb-003.thehut.net/ which takes you to myprotein. 4 takes you to the hut too.
The original link https://site1-testweb-003.thehut.net had all the main boohoo/ASOS brands plus Evans as I said. Is it normal to test sites with brands you aren't selling? I'm not saying it isn't I'm just asking I'm not particularly tech-ie.

Any further ideas what that white label test site?
It seemed to be THG Ingenuity at the bottom and had Boohoo and ASOS brands plus Evans clothing which is owned by Chic Chic collective.

At-least energy prices are down too...US Natural gas is tanking. It's now 53% below its price a year ago today. Obviously this comparison price is pre - Ukraine invasion too.

https://tradingeconomics.com/commodity/natural-gas

Yespsb why would you be "very cautious" when ingenuity commerce which you seem to be mostly concerned about is valued at £0? Fair enough if sp was still in the 600p - 800p range.

Only bad thing on an equity deal from MM's point of view is we'd be doing a deal when our valuation is weak so coming from a weak place compared to when the sp was 600p for a year. Doubt boots has had the same level of fall. We'd have to give more equity away compared with perhaps in a years time if online retail as a group has recovered.

Not really that simple Rock, what if the large gains are to be seen over years rather than this year similar to what Ocado shareholders hope for. Also THG haven't even given a revenue/ebitda prediction for this yet as far as I know so hard to see how it could be materially different from a non-forecast?
Also many felt the results in Jan were materially worse than forecast yet THG never rns' in Dec/Jan and the FCA don't seem to care so not sure how true it is to say they'd be "forced to rns if a material financial change".

The guy I previously mentioned Philip Noblet who is the head of UK/Ireland Jefferies investment banking and was formally HSBCs most senior deal-maker and who was due to "work with" the new CFO Damien Sanders seems to regularly like a lot of the THG/Ingenuity/Matt M posts on linked-in. Prob is nothing but I suppose goes to show not everyone in the city is anti-THG.

https://www.linkedin.com/in/philip-noblet-5b254333/recent-activity/

Why do we think no rns of the news from MM, same with iceland deal.

It does sound very positive, only thing is as Golden pointed out it's not exclusive with THG as auto-store has it open to other partners and customers, however I'd imagine THG ingenuity can still do very well from this partnership.

Can't believe Boohoo might catch THG just on a future management incentive as far as I know? Maybe MM should say he'll get a bonus at £8 again lol. Has to get through 59p/60p police soon.

*I meant the price of US gas in the summer last year was double the price it was a year ago today.

https://tradingeconomics.com/commodities

Look at the prices on the yearly, all significantly down (esp gas). If you consider that if they were the same as a year ago then there is 0% inflationary influence from energy and that prices are actually down on a year ago then there is a large deflationary influence about to run through the economy. This is why the central bank see inflation back to 4% by end of this year.
Obv these 12 year comparisons are before the Ukraine invasion too which for US natural gas was at times in the summer double the price it was now.

Okehurst I doubt its any more capex than Ocado is committing and market gives them a £5.16 billion market cap versus our £762 million, so I don't feel capex is the problem necassarily. Obv Ocado do have more cash than THG after their equity raise but also significantly more debt, potentially why they have a worse credit rating than THG.
£600m convertable bond for Ocado matures Dec 2025, THG loan matures Dec 2026.

Of course there was fraud, however hopefully the market would view the replacement of the former CEO, CFO, chair and 2 NEDs as replacing some of this risk, especially with a very respected CEO now at the helm.
I'd say the missed targets is counterbalanced by the walmart deal. It fell from 60p on that update and since then we've had macro improvement. There's also a premium to add on the potential of Boohoo takeover. I see 60-80p as fair price as an open, that's not to say it would actually happen obv.

Since suspension we've had large buys from UBS bank/Boohoo (potential takeover?), an industry heavyweight of Bob Holt added as CEO, macro improvement in the market in regards to inflation and a large deal with Walmart announced that the Revolution USA president calls "a new relationship". Share price down from over 100p to current 19p, mostly due to forced sells and the audit fears.
If it doesn't open high then I imagine the buys on open would be immense, could be an amazing trade to add to investment here if there is a "fearful" opening but I doubt there would be.

Well in that case Golden surely it is good news that today autostore refer to THG as a partner? It seemed like you were playing down the news as it being nothing.

Golden you've been saying THG is merely a customer of autostore for ages, now you're saying they've always been a partner so this is old news.

"THG Ingenuity will provide AutoStore technology on a pay-per-pick model embedded alongside Ingenuity's proprietary warehouse management, courier and optimization software, broadening the addressable market for AutoStore."

Doesn't sound like they view THG as a customer.

A bit strange, is it def old news? A lot of the articles seem to be writing like it is new and the rev beauty usa president calls it a "new relationship with Walmart".
https://www.happi.com/contents/view_breaking-news/2023-02-08/british-based-cosmetics-brand-revolution-beauty-ma/