Member Info for joedeev

The answers are very simple to be honest. You would consume about 400 calories of fat in the cheese compared to less than 100 calories in a protein shake. WPC also has amino acids. WPC absorbs faster. And it's simple to just carry to the gym and mix with water/milk rather than walk around eating a block of cheese?

HypeHero you're constantly posting fake news, and these 'partnerships' do nothing for the SP anyway, so it's even more irrelevant.

Doesn't MM also own THGs/Ingenuity's properties/warehouses etc. and pays himself rent for a few £10m's a year?

They aren't. You don't know much about where and how each brand sells if you argue otherwise. The only similarity they have is their product and location.

Myprotein and APN are not playing in the same markets or channels - I doubt they even consider them a competitor? The only similarity they have is location.

Always blaming shorting, rather than looking inwards.

Saying that "General consensus was that the call went pretty well" is just fake news.

Beauty is the group's revenue cashcow and its contract with Ingenuity will likely be a subscription 'fee' x% of GMV so Ingenuity needs Beauty's revenue more than anything. Selling off Labs could be an option, but would eat into Beauty's profit numbers which are already on thin ice.

Nutrition has to be up 15% at least. Q4 2024 was -13%, so anything less will mean no progress for 2 years. Profit I would expect to come in around guidance or maybe slightly above, whey was only around +7% vs 2024 whereas the rest of the year was 15-20% up.

I would be surprised if any of the top brands are using Chinese whey. However a lot of Creatine comes from China I believe.

It was the staff Christmas update wasn't it? So I doubt we'll hear anything from it.

It was already priced in. The SP is up 40% since the original mention of a partnership (+ results). You really think the institutions didn't call around and find out it was Mars well before MM's LinkedIn post?

Why would he do that? He's also trying to run a very expensive tech/fulfilment business as well which needs the revenue from THG to survive.

Hopefully the 'disposals' are the CEOs, Chairman and most of the other execs.

Mike Ashley averaging down?

Does the VAT case even affect Whey products? The Sunwarrior case is based on their plant protein I thought, so it's those products that would be zero rated? If it included Whey products it would surely be much higher than £45m?

Maxme67 - they make the webcasts available here (not sure when) https://www.thg.com/investor-relations/results

Where is the CEO of Beauty and Nutrition?

On track for what sj74? There is no growth in this business - it kind of looks 'ok' because last year was so bad... H1 2023 Nutrition delivered £341M revenue and £47M EBITDA. H1 this year they delivered £304M revenue and £12M EBITDA!

EBITDA -35% is pretty bad, Whey is only +19% YoY so where is the rest of the gap?

Stan, THG does not own the hotels