Member Info for Hosai

I don't think it's a purchase unfortunately Lat...more a transfer between his company and charity.

Thanks Hereshopin. The way I see it the market is forward looking and once we get further into the latter part of this year investors will consider that 2023 will be compared to 2022 figures. We will eventually start to have "inflation falls again" articles as hard as that is to imagine currently.

I think (hope) it could actually be sooner than that in terms of inflation Ste, or at-least peoples perception of inflation. The number gets compared with the month in the year before as far as I understand. So for May 2022 inflation is at 9.1%, it's being compared to May 2021 when it was at 2.1%.
When we get to Oct/Nov this year it will be compared to inflation that was at 4.2% and 5.1% from Oct/Nov 2021 respectively. Inflation started to take off in late 2021. Therefore if prices stay the same as say now for example (unlikely but just to make the point), they would actually show lower inflation in Oct/Nov compared to now as it's comparing against higher figures.
I might be slightly wrong on this but I think that's the gist of it from what I've read.

https://tradingeconomics.com/united-kingdom/inflation-cpi

Whey protein prices have been falling meaning lower input costs now and in terms of demand there is a strong indication from boots that people are still buying beauty products as before. Also the overall cash balance and access to liquidity was the same for the last 3 updates. Yet the SP still priced as though THG has been hit by an inflation apocalypse.

I think the "coming this week" just referred to something with one of the properties, probably not material to the group.

To me it seems unlikely the idea that softbank are no longer interested. They bought nearly 10% of THG for £515 million 13 months ago at a price of 596p. Also at that time valued Ingenuity at £4.5 billion.
I mean obviously they would likely want a new deal, but it would seem unlikely they have completely gone off ingenuity in that time? They're not going to change their mind on its potential just because of the share price fall.

Not sure Goldy, this is what was said in late April, they merely say "separation" will be complete.

Steven Whitehead
"And Andrew, briefly pick up on SoftBank. The SoftBank option kicks in once separation is completed. It completes in Q2, but there's nothing to update on that at this point. It would be something for later in the year and no other updates outside of AutoStore."

https://seekingalpha.com/article/4502838-thg-plc-thghy-ceo-matthew-moulding-on-q4-2021-results-earnings-call-transcript

Boom I don't think such a price is possible. Firstly I believe if Sofina were part of the buyout then under the takeover rule the price would have to be minimum around 190p until late November because thats when/where sofina bought last nov.
There would be a huge stigma around MM and THG making it hard to ever list any part of the business again. Even more so it followed them saying £1.70 significantly undervalues the company.

Could be Licker...MM/Softbank/Sofina gets the company cheap plus MM not remembered for fleecing investors (so less issues with a potential future US listing) coz he can offer a decent premium due to the remainder of the float getting sufficiently small.

Isn't it a 2.9 million share buy?

https://www.clal.it/en/index.php?section=siero_olanda

Unfortunately oil price up for 4th day in a row. Energy prices are 75% of the inflation. Need an end to the Russia/Ukraine situation or the west to potentially start buying from Venezuala/Iran for prices to reduce.

PE need to offer more if they actually want to make buys. Companies like THG are in no crisis and inflation will be falling back by end of this year. Companies won't sell for cheap unless they have to, as recently with Walgreens deciding not to sell Boots because no PE were offering enough.

Over-subscribed at 500p - IPO, over-subscribed at 596p in May 2021 (so they raised $1.05 billion instead of $1 billion) yet no-one wants to buy at 84p 13 months later? Hard to believe.

China re-opening is good overall but also bad in the short term because they are big a consumer of oil. Crude oil price has been edging up the last 3 days.

I agree Ste, also people like Dominic Murphy who didn't sell at 800p.

Even with insider trading rules board members have such a big advantage. Lord Allen would obviously have been aware that THG wasn't opening the books to the bidders so would have known to hold off buying (unlike PIs) at £1.58.
Though I suppose he might argue the sp could equally have risen, as in effect THG is rejecting bids in the £1.70 - £2 range which often would mean the share price moving to those levels.

I believe the potential increased sanctions on Russia debated at G7 today that would likely lead to higher gas prices is weighing on US/UK market.

I imagine the high oil prices can't have hurt QIA recently.

#but not after depreciation/amortization.

Warpaint valued at 2 times revenue, obviously helped by the bottom line that they are making a small profit. I believe THG will be showing a profit within a couple of years, obviously they are profitable at EBITDA level, even when you adjust for after interest, but not before depreciation/amortization.
By end of 2023 assuming no more acquisitions and just organic growth I would imagine THG would have sales of around £3.3 billion. 2x revenue valuation would give £6.6 billion or 532p share price.