Member Info for JBCo

Another one i missed, should have ignored all the deramping that was happening here!

I'm watching with interest here. when are you all expecting the next update as that's maybe the time i will look to jump in?

If mgmt could keep up the new contract momentum then shares would double very quickly.

Tiny profits forecast by Cavendish though. I find that a bit odd? I mean why do all of this if you're going to make barely any money?

So good luck however you play it.

Better to stay out and watch imo.

ENET on the move fwiw

No buy prices again, mms looking for shares

Good luck everyone

Yeah should be in 40s at min

Too cheap here

Yeah. i'll jump in once it's through 30p as can see a swift move to maybe 40p. huge volume here

Looks like a lot of buyers

Just got some below 65p.

bargain here

300p+ would be good

Did say book flipped big time earlier

people will be chasing nearer to 30p soon

If they downgraded you would be all over it.

because it's a upgrade you can't accept they are less bearish :)

Stanley - you just deramp.

you know this is meaningful but clearly don't want to cover your short :)

No of buyers exceeding sellers on book and volume. Any buys will move this hard now

Fitch don't upgrade on a whim

Book looks better here, would suggest some buyers trying to get in again

most retail won't buy as too scared :)

Some more detail on FITCH upgrade:

Management Focus on Profitability: We expect margins to improve towards their historical levels of 5%-6% from 2025 (estimated at 3.6% in 2024). This improvement will be driven by a recovery in the margins of the larger in terms of EBITDA and more profitable nutrition business following average selling price normalisation and easing costs for whey. We also expect the EBITDA margin in beauty retail to be supported by THG's strategic focus on more profitable products and markets, and further development of its own prestige brands. We assume profitability gains will be balanced by modest pressure from personnel and marketing expenses.

Positive FCF From 2025: We estimate THG's free cash flow (FCF) margin will stabilise at above 2% from 2025 (2024: -3.3%), driven by the EBITDA improvement, but also reduced interest costs following the A&E deal and materially reduced capex needs after the Ingenuity business demerger.