Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
https://www.investingcube.com/thg-share-price-is-oversold-is-the-hut-group-a-buy-shares/amp/
THG was approached by FCA -
https://www.google.co.uk/amp/s/amp.theguardian.com/business/2022/jan/09/thg-shares-data-on-claims-of-irregular-trading-of-its-shares
I’m making two inferences from this article -
1) They’ve found firm evidence of collusion to short the sp.
2) They’ve smashed the numbers in Q4
If neither of these is true then it gives the shorters more ammo and would be left looking rather foolish.
When THG’s boss Matt Moulding “celebrates” one year on the public markets next month, he will have plenty to reflect on. It has been, let’s face it, a total disaster. But with the shares down by about 70 per cent this year, how much worse could it get?
When THG’s boss Matt Moulding “celebrates” one year on the public markets next month, he will have plenty to reflect on. It has been, let’s face it, a total disaster. But with the shares down by about 70 per cent this year, how much worse could it get?
When THG’s boss Matt Moulding “celebrates” one year on the public markets next month, he will have plenty to reflect on. It has been, let’s face it, a total disaster. But with the shares down by about 70 per cent this year, how much worse could it get?
When THG’s boss Matt Moulding “celebrates” one year on the public markets next month, he will have plenty to reflect on. It has been, let’s face it, a total disaster. But with the shares down by about 70 per cent this year, how much worse could it get?
When THG’s boss Matt Moulding “celebrates” one year on the public markets next month, he will have plenty to reflect on. It has been, let’s face it, a total disaster. But with the shares down by about 70 per cent this year, how much worse could it get?
Amid all the noise over Moulding’s egregious £840 million bonus, his desire for totalitarian control of a public company and doubts over Ingenuity, the platform THG sells to other retailers, many have forgotten that this is a business with a lot of things going for it. THG, formerly The Hut Group, has first-class logistics and exposure to fast-growing product categories such as fitness, health and beauty. Moulding has bowed to City pressure and begun searching for a chairman. If THG lands a heavyweight name, it would go a long way to easing concerns about weak corporate governance.
At some point, stock market investors will reappraise THG’s attributes. If they do not do it soon, you could see a private equity firm coming along with an opportunistic bid. After a brutal year in the spotlight, one suspects that Moulding might welcome an approach.
Poor old Matt Moulding. The founder of The Hut Group (THG) recently told GQ magazine that he wished he had never floated his online beauty and protein empire in London, after its shares went into freefall. (He wasn’t complaining when it secured him an £830 million bonus earlier this year, though.)
Moulding, 49, took aim at mysterious short-sellers “from the Bahamas or from Switzerland”. Then he decided it was the media’s fault. Then it was banks. Now he appears to have found a new culprit: his PR advisers.
The toned tycoon hired Powerscourt, run by former Sunday Times business editor Rory Godson, for his blockbuster £4.5 billion stock market float last September. However, the relationship must have deteriorated because Prufrock hears that THG, which owns the Myprotein and Lookfantastic websites, has been scouring the City for new spinners to help promote the business and in particular its tech arm, Ingenuity, which has left investors unimpressed. At least a couple of big-hitters have been sounded out — although THG denies this.
Given the Ingenuity focus, shouldn’t Moulding be hunting for a tech PR agency? Or perhaps simply praying to a higher power?
The Times weekly negative THG column -
https://www.thetimes.co.uk/article/thgs-matt-moulding-tries-new-spin-cycle-fffd2jgsg
Revolution Beauty Group, the multi-brand, multi-category and multi-channel mass beauty innovator with proven global scale, is pleased to announce that following its successful admission to AIM in July 2021, the Group has recorded £78 million of revenue in the six months to 31 August 2021, representing a 35% increase from the same period in 2020.
Revolution Beauty DTC Growth and THG ingenuity partnership -The Group has continued to make good progress in its consumer centric DTC model. Revolution Beauty formed a partnership with THG Ingenuity in late 2020 to enable the Group to accelerate its DTC localisation plans. The Group launched its site in the USA in January 2021 and in Australia/New Zealand in March 2021 and is seeing strong results, with triple digit percentage increases in sales. Revolution Beauty has added over 200,000 new customers in H1.
https://www.**********.co.uk/articles/revolution-beauty-sees-revenue-jump-by-35-in-1h21-92991ae/
Let’s look at data first for THG:
£2Bn Revenue
£700M Gross profit (-£250M EBITDA)
£4.3Bn Market cap (just over 2x sales)
£835m debt
£870m cash
40% y-o-y growth
If this business is just a very glorified e-retailer ie let’s discount totally Ingenuity, then today’s closing share price ranges from very fair to attractive. If you believe Ingenuity has any value at all, it would make this share totally oversold and a short pickers driven target. ie a buy for the tech invested early risk taker.
Just a quiet day -
https://info.tase.co.il/Eng/General/Company/Pages/companyMainData.aspx?subDataType=0&companyID=002280&shareID=01131697
True, my stop loss kicked in @ 9.4 and I was gutted, but i’ve bought back in today. People may slate stop losses but you put them in place to make profit and more importantly preserve capital.
I believe the presentation to bondholders included provision for raising funds on LSE but I think they’ll want Mcap to increase first.GLA