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For example, Why Amazon price is flying the sky. Because The Amazon lose money many years. (no good balance sheet)
But Amazon proved growth stocks based on trading statement. Amazon always beat analyst expectations. So PE and bank invested, they gave the fuel to Mr Jeff Benzos. After few years , they conquered the market.
But THG lose the 500m GBP without good trading statement. So can't take the good deal.
But I believe, which company make revenue over 2B GBP / YEAR (just online retails market only) in UK.
That is amazing , If THG meet the good person, THG is going to fly.
I am still holding my share and believe THG will meet good person.
I don't think so.
Maybe, apollo offer the under150p. Or around 120p. Apollo doesn't stupid.
Over is over.
Last year ! We already saw the Mr MD rejected the 1.7 then asked 3B GBP.
But, MD do not any say for these deal and can't catch any information for RNS and news.
I think, if apollo offered low price, MD already mentioned the deal. (My opinion)He has a light mouse-social network, etc. But at the moment, he did not mention a deal for any media, so I believe, the deal is still going.
Recent Share Trades for Thg Plc (THG)
Date Time Trade Prc Volume Buy/Sell Value
04-May-23 18:13:20 110.80 789,062 Unknown* 874.28k
I got the six sense, Moulding and apollo are going to agree.
I feel that way/above.
THG Professional News
THG slumps as Bloomberg questions viability of Apollo takeover
Thu, 4th May 2023 13:34
(Sharecast News) - Shares in THG slumped on Thursday after research from Bloomberg Intelligence suggested that the e-commerce company is unlikely to close a deal with US private equity firm Apollo Global Management seeing a profitable exit.
THG announced last month that it had received a highly preliminary and non-binding indicative takeover proposal from Apollo. The PE firm now has until 15 May to either announce a firm intention to make an offer or walk away.
But Bloomberg Intelligence said it seems unlikely that THG will accept a takeover bid from Apollo and for the latter to make a return, based on its sum-of-the-parts valuation, which is below any acceptable scenario for THG shareholders.
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"This makes us question the viability of Apollo's takeover intentions," it said.
Bloomberg said in the research that THG may be 30% more valuable broken up.
"THG's valuation suggests it trades at a 30% discount to the sum-of-the-parts," it said. "Using peers' comparables for Beauty (0.8x 2023 EV/sales online specialists average), Nutrition (1.9x EV/sales at 50% discount to nutrition specialists) and Ingenuity (1.8x 2023 EV/sales - with the Commerce part at a 30% discount to application-software peers and Infrastructure in line with online specialists), we get a premium valuation of £2.7 billion.
"Structural beauty and nutrition sector growth and low profitability are propounding the case for a breakup."
Bloomberg said the nutrition category is in line for compound average sales growth (CAGR) of 8.3% in 2022-27, ahead of 5.9% for sports nutrition, according to Euromonitor. Beauty could quicken if online resumes its structural growth, with Beauty e-commerce seen expanding at a 5.1% CAGR in 2022-27, it added.
It also said that THG and Apollo are unlikely to agree on price. It argued that the PE firm's offer would need to have a sub
02-May-23 17:53:02 102.7097 75,000 Unknown* 117.00 118.15 77.03k O
02-May-23 17:52:24 117.00 73,465 Unknown* 117.00 118.15 85.95k O
02-May-23 17:40:11 114.996 5,296 Unknown* 117.00 118.15 6,090 O
02-May-23 17:38:59 110.612 497,933 Unknown* 117.00 118.15 550.77k O
Please do not believe over 250p because total shares increased around 30%. That means, if apollo agree the 250, the real value is 325p.
Some people believe just dream. At the moment, really value is 100p, and how much is the premium ? Around 50% or 100%. We just watch the SP next week. Very interesting. Soon be finished.
I bought The AA, MCRO and Ted baker. They were all bought by private equity.
1. The AA , the company got the just 20% premier , it is really horrible deal.
2. Ted baker, the company rejected 157 p then accepted 107. It is really terrible and horrible deal. (I bought it 100p)
3.MCRO , a company accepted around 540p. I got the good profited.
My experience, My guess ! Apollo does not offer over 200, however, I worry about after broken deal, how much drop the SP and how quickly drop.
Positive point , the golden share soon be expired and RNS (results) is terrible so Mould
will decide to sell the company. (I hope)
I wish, please will agree to deal more than 175p.
Disclosed positions in THG Holdings plc
Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.
Fund % short change Date changed
GLG Partners LP 0.51% 0.02% 13 Mar 2023
Qube Research & Technologies Limited 0.73% 0.10% 25 Apr 2023
Tellworth Investments LLP 0.56% -0.13% 18 Apr 2023
Total 1.80%
Just my opinion.
Institutional is not interested in the THG and Moulding. If they are interested in the company, it will be proved by the stock price.
Moulding said whatever, CEO must show the result for balance sheet and income statement.
Please do not tell the city spy.
Get free tarot horoscopes, then result.
THG major financial difficulties. We need wisdom rather than responding emotionally.
Moulding is not a Steve jobs, Steve doesn't have a golden share. But these people seem to equate MD with SJ.
Perfectly agree, few months ago. Some people made a noise with city spy. Just wait a RNS for trading and finance updates.
That is just my opinion and guess following. Why THG gave 33m to employers, Moulding wants friendly stakes. Also, he bought parts of vision fund. That means , he does not want to sell the company and wants to keep the CEO.
I think, the shares are not going up to 65p, because institutional investors bought it 40p, 55p under 60p, and they saw the losing money as vision fund.. The stock price goes up when someone (institution) buys it, but who buy it. Very difficult game. I bought 70,000 shares (average 56p), and I really do not know what price is point to sell.
Just my thoughts above
Somebody wrote the MR MD, he is brilliant. And THG go up 1 GBP soon.
But see the price, what is the price ? Under 60p.
THG is 60p, That is true. Why didn't institution purchase shares ? Why they are not interested in THG. Do not dream a fantasized.
Anyway, I believe, THG go up 1GBP after vanish a gold share and take over.
I already told, 33m , 20m dilute. This company doesn't hope anymore. Why share price drop and drop from 800.
Really problem is a total number of shares. Few days ago, THG increase 33m shares (bonus to employee ), This company is not clear, how much pay rent fees to Mr Md ? How many share increase and increase ?
Already increase shares around %3 in Jan/2023. Shorts does not matter, please compare the issued and outstanding shares now and two years ago.