Member Info for Icouldntcomment

Many of us have said, maybe it's taking time because MM isn't getting it all his own way. What if it's the other way around. That he is in control and is running down the clock. If this is all to be wrapped up by end 2024, then the later the circular, the less time to challenge and amend it.

But let's stay optimistic and assume its late because it's got to be right 😬

No RNS, oh dear, how sad, never mind.

I recall a wise HR Director once telling me that when you are junior to the BOD you think they are all smart, organised, leaders, etc. But when you work closely with or join the BOD, you then realise that they are a bag of useless egocentric spanners.

So true for THG. A shameless CEO who has wiped £4.5bn off the value of the company and won't resign because even though he's now an employee he still thinks it is his. An invisible chairman and a maliable Board.

Once the Circular does land I expect they will try to organise a party in a brewery.

Ahh, don't be too harsh on Matty today. After all, he did let you invest in his wonka factory and become shareholders, in whose interest everything is done.

And what about about Kong, an amazing coded purchase. (please let me know what that coded message is).

Finally, no matter what, you'll always know your shares are 'worth' at least 170, no matter what you finally get for them.

No RNS. No leaks, no news, no linked in, no cityspy, etc. Something is up and I doubt we are slow because MM is getting his own way.

In this case it might really be, no news is good news.

My goodness Shinyshoes, down a whole 5k. What will you ever do. I think many of the rest of us would be out of here if we were down by only 5k and writing it off as a lesson learned. If only I could.

However, I do take on board Pmh point re keeping investors up dated. Although, RNS are not used for such coms, City AM could have been.

"Whilst at this stage no certainty can be provided on the exact timescale of the Demerger, the current intention is that publication of the Demerger Circular would be in or by early November with the distribution of IngenuityCo shares being completed at or before the end of 2024."

The above message is very clear to me. It clearly states that it was an 'Intention' to publish the circular by early Nov. It was never a promise. Adding, With the distribution of shares at or before end of 2024.

Fact is, it will take as long as it takes while still in 2024. We may not see a circular maybe until December. That doesn't mean something is wrong.

Of all the updates we have eagerly awaited, this is by far tge most important. If it takes a few extra days to get the details right in the interest of all parties, then so be it.

I personally can not afford fir this to go pear shaped and I think non of the II's can either.

It's the big one!!

Only 44000 vol in first hour. Everyone just waiting for this RNS now.

Maybe we should produce some Fridge Magnet wisdom and them to the BOD and senior management.

I'll go first.

"Say what you will do.

Do what you say".

A lot of chat about little over last few weeks. And by me too.

42p a share gives same'ish Mkt Cap as 49p a share.

At the, earliest that is where it's going to stay until Demerger doc is released and then calculations re performance and value can potentially be made.

Until then, all anyone has right now is enough information to be wrong.

"Never catch a falling knife", so duck in true. Even if you catch it close to the ground it can be a disaster. Never again!!!! It's a falling knife for a reason(s).

I think someone said this a short while back.

The former NED Zillah bing Thorne. A competent FD and CEO. The day she resigned from the BOD really was the alarm bell for PI's to get out. I so wish I'd gone with my gut feel on that.

THG Travel, more like "look over there a squirrel".

Didn't Apollo value Ingenuity at over £1bn. So, if the BOD were to pay II's and PI's a fair price for Ingenuity, then that price would have started at 77p/share.

This is nothing more than a contemptible big steal of Ingenuity. If it wasn't, then the BOD should be able to tell us, which 2-3 independent auditors were brought in to value Ingenuity. It looks like the buyers have been able to set there own price.

I can see some people have tried to put a price on each share. But if we go with receiving 1 share for every 7 you hold, then that works out at 7p/share.

We are being so screwed over on this. No wonder the likes of Terry Leahy are in on this deal, probably sees it as the only way he's going to get some of his money back.

I will be so glad to get out of THG after 3 years. Worst company I have invested in. And to think, "170 fundamentally under values the business".

07.09 and polish is at his desk. Busy day ahead.

Polish, either this is your day job or you really do need to seek help. I say that out of kindness as your negative posting on here is worryingly obsessive.

Just reading about the IPO again. Even if it floats at lower end of expectations, £340m, it would still be valued at 3.7x sales. A similar valuation would price RemainCo at about £7bn+.

Once the demerger is done we are in for a serious rerate or buyout. It would be beyond irrational for us not to.

I had this thought too. Without the 4000 payroll and all other costs associated with Ingenuity (newco) I would expect the forecast EBITDA of Beauty and Nutrition (RemainCo) to be substantially higher than previous forecasts. However, it's difficult to see how much this will affect the SP until the separation is completed in full.

Does a £100m valuation of Ingenuity mean each shareholder only gets back 8p per share?

I think Ingenuity will go private first.

What are PI's getting from the Ingenuity deal?

I take it Polish cap that you have of course taken your own advice and got out of THG. If you were ever in it.

If that's the case then why are you posting on this board at 6.52am regarding a business you have no interest in.

Mystery, no?