Member Info for JeffMills

SatellitePro.

ITM will certainly not be supplying the small Singapore project as they are using an Alkaline Electrolyser, and as you know, we are the supplier for PEM electrolysers for Linde.

Baffled by your question whether Linde need ITM when we you should already know we have a 200mw PEM order from Linde, + more importantly, they own 20% of ITM and get 50% of profits per sale. I looked through your post history and you seem knowledgable so again, baffled by your post.

Did you read the article or just the headline?
Linde will be providing an alkaline 9mw alkaline electroyser here, who the manufacturer for this is unknown.

Call them what you want... all I know is you lot are gambling rampers who need a life.

today

The video/post confirmed that there is no deal from apollo imo. This will drop circa 20% today, I feel bad for the people who bought in at 90 and got excited about the video, when it isn't the first time it has been posted. Your own fault for believing to be experts on THG and takeovers within 24 hours.

The post a 500m loss and MM blames the shorters. What a clown.

I hope you didn't buy above 64.

as if you'd bother posting a rant regarding the lse when you are in the process of accepting a great offer. the man is ****ed off clearly. wake up

Below 50p within 2 weeks. GLA

jesus christ, you've been here 5 mins and calling out shorts, shut up day trader.

"wildly inaccurate press piece" was the words by MM describing the article which resulted in him announcing a potential takeover. he has literally just told us their is no takeover at all, it is wildly innacurrate, but he played them at their own game. all he cares about is burning shorts. get him to ****.

Liberum had this at 700 Markbell. Take that as you will.

Absolute zero detailed provided on the take-over bid too, im furious.

Lets all pray it isn't just speculation and a buy happens, as we need it.

Surely Moulding has broke some rules if he just he commented on pure speculation? Are you telling me he only found about Apollo from a tabloid paper 2 days before the results?

I feel the take-over pantomime was just a way to hold the SP from hitting new lows, a day before these results? As if you'd buy this with a 500m loss and 200m debt for anything over 1b.

Can you confirm that 209m was the estimate with a link? 500m loss on a company with a market cap of 1b is horrendously worrying for the sp.

A loss of 496 million and debt of 180 million? Was this expected guys?

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With M&A, as with all forms of comedy and tragedy, the secret is timing.

Almost exactly a year ago, THG said apropos of nothing that it had rejected takeover approaches. A CEO’s statement with full-year results from the London-listed maker of frozen pizzas, branded briefs and spa experiences said the board had “received indicative proposals from numerous parties in recent weeks,” and that “every proposal to date has been unacceptable”.

Less than a month later, key shareholder Belerion Capital and HNW curio Nick Candy both registered an interest in buying THG — the former via an “unsolicited, highly preliminary and indicative non-binding proposal” of 170p a share that was rejected, the latter by vibes. By mid-June it was all over.

Now, less than 24 hours before its full-year results and Q1 trading statement are due to hit the tape, THG has responded to the vaguest of press speculation with a statement that Apollo Global Management has made a “highly preliminary and non-binding indicative proposal”. Apollo has not yet said anything formally.

One way to visualise this recent history is by crudely annotating a THG share price (white line, pence, LHS) against the 2022 consensus Ebitda forecast (purple line, £mn, RHS):

What prompted THG’s “response to press speculation”? The only story of note over the weekend was in the Mail on Sunday, which says only that founder Matt Moulding “may be considering taking the company private, according to some City observers.”

People in the THG camp suggest a statement (released at 10:21am London time) became necessary after the Betaville M&A blog highlighted the MOS story and the stock spiked nearly 10 per cent, which sounds reasonable, even though the rules governing bid approach updates have a fair amount of flexibility.

Generally speaking, the UK Takeover Panel will ask for a statement from a company sitting on an active approach based on a combination of whether its share price moves more than 5 per cent in a day, and/or if there was a 10 per cent run-up since the prospective bidder’s consideration of the target began, and/or if there has been press speculation. THG’s volatility complicates the picture — it had crossed the +5 per cent trigger level six times intraday in the past month — so a lot rests on the advisors' discretion to maintain an honest market.

People familiar with things were not keen to talk about the prospective bid value, nor when process began. Belerion Capital’s 170p indicative offer, a 46 per cent premium to the price at the time, of

What is the current timing ambition to have 5gw of production capacity?
Many shareholders, including myself bought in here when the company raised 250m on this promise of growth by 2024. Are you able to answer that the best you can without breaking aims rules please?