Member Info for Icouldntcomment

Too quiet. Sunami coming!

Adj EBITDA of £94m. If same PE ratio of 27.64 applied to THG as APN then THG share price would be 166. A significant indicator of the scale of the share price shortfall.

happyinvesting, fartrage is a crook, grifter, liar and ******. those that vote for him are the ones who will get the least back. why are billionaires giving him money, loads of money. he caused immense damage with his ukip part in brexit and he’ll give us austerity on steroids.

if you want a change from labour/tory then vote green. there are the ones with a manifesto for real workers.

Hey Stan mate, here is a simple fact for you. If Fartrage is such a man of the people then why has he made more visits to the USA than he has Clacton?He’s never held a surgery in Clacton because he doesn’t give a fig for those who voted for him. He’s a mini me grifter like his hero trump. Seriously, open your eyes and ears man.

Hi Stan,

When would you like to come over and see the bridge? I’ll do a good price just for you!

Reform manifesto for dummies.

1. Reduce taxes for the rich. Why else do billionaires who have assets in the uk but live abroad donate to reform.

2. Strip citizens of their right to strike and protest ie leave the ECHR. Then you can get away with reduced H&S, conditions and pay.

3. Sell off the NHS and other state assets.

4. Blame everyone else for benefit of dummy Reform voters. Immigrants, people on benefit, eventually YOU!

If you’re not very rich and you’re voting Reform, well, I have bridge you might be interested in.

fitch, those crooks who with a couple of other agencies contributed bigly to the 2008 global financial crises.

“the "issuer-pay" business model:

under this model, the investment banks that created the securities (issuers) also paid the rating agencies to grade them. this created a direct conflict of interest where agencies feared losing lucrative business to competitors if they issued lower, more accurate ratings.

ratings shopping & competitive pressure:

issuers would "shop around" the big three agencies (moody’s, s&p, and fitch) to find the one willing to provide the highest rating for their complex products. this pressure effectively "tilted the balance away from an independent arbiter of risk" and encouraged a race to the bottom in standards”.

these agencies, bought and paid for, delayed as long as they could in downgrading the dog**** mbs and cdo’s. had these agencies done what everyone thought they were doing, the ‘shock’ could have been avoided.

fitch, you’d be better off taking financial advice off your kids.

Because of the war there is of course overall market negative sentiment. Add to that, inspite of the growth story we now have, there is still no FCF or decent Net Profits. In short, there is no sustainable driver for this share to rise. The re-rate many of you keep mentioning has not had enough good and consistent data to arrive. There is potentially some very good news to come, the VAT decision by end of May, maybe another asset sale or two, good Q2 results, etc.

Therefore, while there is no wider market demand for THG shares, it’s easy for ‘bigger’ players to pump and dump and repeat. Everytime it goes up, I think this it, only for this to happen again.

If you go back to the 90’s and 00’s Amazon went through this for years.

I’m personally not convinced MM wants it back private. With his stake in THG and Ingenuity he can still become a billionaire with it listed.

I recall reading that Warren Buffett looks for, unless exceptional, at least 5 years of growth in ROI/ROCE.

So this is where we are, the universe doesn’t hate us, we are simply waiting for some exceptional results. And, I still think, or maybe hope, these might come sooner than we think.

These daily movements are so painful to watch.

Guidance on EBITDA, Margin, FCF and Debt will be upgraded on the VAT news it we win it. That’ll be the big one.

@Shand, why would others cut prices, nothing changes for them. It’s about it becoming a level playing field for THG

The VAT Refund/change will be a game changer. Not only will the VAT lump sum have a good impact, THG will then have an opportunity to increase margin and / or marketing activity. It is potentially huge.

Had one of my rare visits to this store today and I have to say it has the biggest range of My Protein I’ve seen anywhere. A bit fragmented display wise, with one full wall section of MP and then product around the store equal in space to another full wall section. Many lines I’ve not seen before. All in all, around the High St and Supermarkets MP is very well represented.

Was hoping for a Dividend but looks like too early to see it yet. Given previous years losses, to be FCF +ve and Debt free by year end will be a significant achievement.

I do wonder if it will state anywhere in the Annual Report how much THG has paid over the course of the year to Ingenuity for its services.

If it was a professional relationship billing at market rates for its services, then why wouldn’t it?

Spot on Kua. Looking at APN and HUEL it really looks like here at THG we have some ‘Leadership’ issues. The sad part is there are too many to list.

THG with the biggest turnover and lowest valuation.

You have to think with two significant announcements in the same day, the Huel sale at such a price and the APN results, some serious investors/predators have to want to start taking a closer look at THG?

Hurl sold at roughly 3x rev, that would value THG at about £5.4bn or 350/share. At these numbers there’s not a chance of MM taking it private at say, 60-80 !!

Right now, APN now down 18% at 182????

I see Elon Musk has been charged with misleading investors and attempting to drive down the value of shares when trying to buy Twitter. It could result in $billions in compensation payouts.

It is a lesson to business owners and CEOs everywhere, is it not.

“Fill your boots” to what end? The last time I heard someone say fill your boots was in the 2008 crash and in reference to Halifax Bank, then it went to zero. I wasn’t invested in that, but it’s a lesson learned and often forgotten. Never try to catch a falling knife.

Anyway, I have to say I had no idea MyProtein was so susceptible to oil prices! But it’s not really that is it, it the whole economic follow through and to eventual impact on interest rates.