Member Info for JamesLast

Let's see if MA buys into the close today. Would be nice.

I've been to AGM's in the past of nearly defaulted companies where PI's took stage and asked Management questions what they thought of their actions and how to resolve. Very painful sessions to be at. Life savings almost gone for most PI's and the boards not able to answer. This could get pretty ugly.

California State Teachers Retirement System votes with backing of 17 of 20 Management Proposals. Only against election of Dean Moore and proposal 14 & 20.

This looks pretty solid to me. Rising volumes with rising prices. Someone really wants this to stay in the FTSE250, I can imagine that's MM and his board. Bright times are ahead of us. Why bother if business is bad otherwise...

Well, time is running out till next week. Other major shareholders can ramp it up as well off course. They're not under this restriction. The company itself can normally buy some shares as well to hedge their exposure with granting shares to employees which are not fully vested. Although the smartest thing up to now was just wait since this stock just keeps on falling. Until it doesn't anymore.

Enjoy the ride man. The clown will come with a solution in time. The company is in it's closed period currently so wait and see for a few weeks to come until AGM.

Please ask the right questions while there sir.

But still need 50% of votes casted. Hardly possible to change things there. Maybe give a clear signal at most.

I agree with downandout. MA wouldn't invest or MM himself either. I think this will be trading minimal 60p by end of year on asset valuation, earnings valuation and on franchise value even higher. Improvements will flow through the figures during the quarterly updates. Maybe earlier if one is brave enough to ask solid questions to MM on Linkedin instead of whining posts about past performance with a fake account.

Just ask if he intends to pay a dividend to shareholders near term if results continue to flourish with your real account. You might be surprised to get an answer from MM himself.

Yes I think if you ask a question in the comment field in a normal way then he'll commend back to you. But not with a fake account.

MM deletes fake accounts on Linkedin with negative comments. Pretty normal to do.

Exactly, announcing it would easily lift SP above 30.

THG won't leave the FTSE 250. MM will not let that happen. They have an open buyback program where they can easily lift the SP above 30 if needed. No restraints on using the program since refinancing has completed.

Get a life dude. Look at the numbers instead of the rubbish talk you are spreading here.

@Hardwell

The last 10 years this business grew from 334mln revenue and 45mln operating free cash flow to 1.9bln revenue with 136mln operating free cash flow before exceptional items (one-offs, a lot yes I know and mostly related to buying of businesses and ingenuity). Growth in revenue has indeed been financed mostly by new share issuance. You should welcome that if you're a new shareholder, not a debt drag for us now.

Since 2014 THG showed around a 9% EBITDA margin and always positive operating free cash flows. Not 1 single negative year. This shows a robust business model. Imagine what this means if they get back to those margins with this revenue stream.

That is something MM has built and which he did amazingly well. Reading the latest updates from management they will manage their cashflows better now to get to net cash/net debt neutral in the medium term which means less investing, lower financing costs and optimizing the capital structure for buy backs/dividends.

At least they have the critical mass now to let this beast grow organically itself with smart strategic deals which they are currently working on.

Watch and learn pls

All is accounted for in a right way. Stop focusing on the pennies. Start looking at the big picture.

You guys are talking about lost pennies while MM built a 1.7bln revenue business with a huge operational leverage factor in it. If the SP turns above 1 then everybody is dancing on the table again.

BB for the term loan is very good news from Fitch. Valuation wise this implies the stock is strongly oversold for this kind of rating on their loan. Short calculation implies a SP of at least 0,60 is warranted.