RE: Results14 Sep 2023 09:37
Guys, everyone is talking about an offer of a 1.50 etc. I’d suggest you log off and stop with the emotional posts, rants at this point because you look silly.
We don’t know the Apollo offer but MM confirmed they valued Ingenuity alone, which is the weakest division, at 60p. Let’s say for arguments sake, and in a clown world, they also valued Beauty and Nutrition at the same amount, that would mean they valued the company at more than 1.80 at the very bare minimum.
Of course, logically speaking, an offer of around 2.40 minimum makes more sense if we’re approximating this properly. If there was going to be an MBO or Apollo were to return, we’d be looking at 2.50 minimum. That’s all there is to say on that.
Now, currently as we stand, we know the city do not like MM and any hint of negativity in the RNS will overshadow all positives. But we know this because the CEO rants about the city endlessly. It’s less about that, it’s more about, what now?
Do you keep this listed MM and just rant forever in hope that the SP organically and miraculously reaches £2 in the next 3 years? Or are you content on a 30% increase to the 1.10-1.20 range and allow the shorters to bring it down to the 60s and just profit at the expense of the LTHs?
I regularly message investor relations and get pretty generic responses but I feel better letting them know of my frustrations than venting out on here and I suggest you to do the same. MM is an interesting character, anything is possible and we could get an RNS tomorrow that changes everything or we could just be sat here and listening to his rants. Today is not a good day as an investor in THG, that is the bottom line.
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