The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
- Record breaking Q4 sales
- China sales beating expectations
- Australia sales beating expectations
- Logistics costs reduced due to autostore automation in the main warehouse
- Ingenuity update including good performances from Hotel Chocolat, Homebase and Matalan
- Update on THG Studios
- New chairman announced
- Matt Moulding to start increasing his holdings in THG (with the £100m liquidity he now has from the sale of the warehouse)
- Stepped rise in the share price
- Positive broker re-iteration of ratings this week
@Mumbo_Jumbo, I'm a shareholder for sure.
I also like to provide good, true information to prospective retail investors.
Us shareholders do feel we have to defend our positions against commenters here who are clearly shorting certain stocks and trying to spread FUD, Fear, Uncertainty, and Doubt
@molokai
THG have a lot of young staff who just love social media!!
If you google search some of the quotes below you will see a number are edited now. I think there is someone in THG's compliance team who also trawls the posts and asks staff to edit them to avoid issues with the FCA over disclosures inside closed periods. They're not as quick as me though lol
Lol AS1 it's important to research businesses you want to buy. Especially when you think it's worth going overweight on a stock. TBH it only takes a couple of minutes a day to just search "THG" in the "Posts" section every day. Well worth it I think :-)
Please note some have been edited since to remove some sales information, like the China Singles Day Post.
I trawl LinkedIn every day for posts and copy/paste them exactly, but previously we found that some were edited by the employees to hide sales information - likely under orders of THG management.
Just reposting again some exact quotes taken from posts by THG employees on LinkedIn celebrating performances over November, Black Friday and Cyber week.
"This year’s Black Friday was more special for me as it was the first ever Black Friday for Homebase with PHENOMENAL results."
"The very first Black Friday campaigns for Homebase and Bathstore not only delivered, they absolutely smashed expectations out the water! "
"It’s Singles Day 2021 here at THG! Last year, our Beauty Brands Team Asia had a record breaking day and won ‘Team of the Year 2020’! The team already smashed this years targets before the day had even begun & will be celebrating all their efforts next week! "
"An amazing first Black Friday with THG Ingenuity! Congrats to all my fellow fashion team for smashing our target! here’s to the rest of cyber week & many more successful Black Fridays to come!!"
"The end of my first Cyber Week at THG Ingenuity as an E-commerce Trader, and what a week it’s been! After months of hard work, preparation and relationship building, I drove my account to exceed target throughout the entire Cyber period with some record breaking numbers. "
"Well, that’s a wrap… 5th Cyber Weekend with THG completed! Shout out to all of our amazing affiliate teams in Beauty, Own Brand, Health, Ingenuity, Luxury, Consumer, Diet and Glossybox for delivering a record breaking year for the channel!"
"I have learnt so much this weekend, and I am very proud of my team smashing our targets!"
"Happy Friday LinkedIn! THG’s Beauty Squad have been working incredibly hard to ensure we have another record breaking Q4 so we thought it would be a nice opportunity to get together, share our successes, award our weekly nominees with some great prizes & raise a glass in anticipation of the huge Black Friday / Cyber we are are no doubtebly going to have in 2 weeks time!!"
"Black Friday at THG is not just another day. It is the defining moment of our financial year. I am SO PROUD to say that this year we hit RECORD BREAKING sales, new customers, onsite conversion and traffic numbers across our Australian Beauty sites. What a way to wrap up another phenomenal year. Bring on 2022!"
"On Friday THG Beauty joined together to celebrate our stellar performance through November including a record breaking Singles' Day 2021."
"BLACK FRIDAY 2021. What an amazing event celebrating another record breaking trading day"
@MSG4GO. Not sure who's profile you're looking at, but it says he left amazon last month. He has also been working on something else the last 6 years.
https://www.linkedin.com/in/nik-gupta/
"Amazon - 4 years 2 months
Software Development Manager
Full-time
Dates Employed Oct 2018 – Dec 2021
Employment Duration 3 yrs 3 mos
LocationLondon, United Kingdom
I am the global owner of the Video Subscription Tech and Product in Prime Video. I manage multiple senior engineering managers, senior product managers and engineering teams delighting our customers across 200+ countries on web, mobile, FireTV, FTV stick and many living room devices (TVs, gaming consoles etc.).
I manage four programmes – 1) Vertical programme building customer retention features for video subscription 2) Horizontal services powering global transactions across all prime video products (Subscriptions and Transactional) 3) Global offer publishing & vending across all prime video subscription types across all devices, web, mobiles, living room devices and billing partners such as Google, Apple 4) Enabling tech that delivers cross product promotional capabilities and offers across subscriptions and transactional video (buying and renting), globally."
Another LinkedIn Update:
https://www.linkedin.com/posts/nik-gupta_hiring-activity-6888439975134683136-Q4U4
Nik Gupta, CTO @ THG, ex-Amazon, FDounder @ GoTMO, Enterprise Architect, Author
8hrs ago.
Thank you everyone for your kind wishes as I took on my new role at THG.
I spent my first week meeting the executive leadership team, the key stakeholders, partners and my teams. I am genuinely surprised by the infectious ambition and energy that seems to permeate everything at THG. These are amazing time for the organization, both as we scale our teams and businesses but also as we pioneer and establish many new business models and be the "first in the world" in all of them.
I am inviting you to join me in this journey. We are hiring across the board for Engineers, Managers, Product Managers, Programme Managers, UX Experts and many other disciplines. If you are interested in joining (and I hope you will be!) please reach out to Andrew Graham.
It's not really anything to do with THG, but MM's personal finances as he has sold an old warehouse he personally owns, which is no longer used by THG since they moved to the autostore robot system in their main warehouse.
What will be interesting is if he uses the extra £100m liquidity he now has from the sale to re-invest personally into THG.
Considering it is currently a closed period for insider trades, he could make an announcement on Tuesday that he may be buying back shares in THG. That would give a significant confidence move to the share price if that were to happen.
Looking forward to Tuesday
£100m could buy:-
50m shares at £2.00/share
40m shares at £2.50/share
30m shares at £3.33/share
The Bloomberg terminal shows 127 Institutional owners with 997.53m shares owned.
Shares out/Float 81.7%/74.4%
Shares bought 643.03m
I'm wondering if £100m MM will get from the sale of the warehouse, added to his personal wealth, would be enough for him to take THG private?
If this warehouse sale happened a month ago, why was it leaked for announcement today, strangely close to the Q4 update?
Is MM allowed to buy shares from Tuesday following the update (considering insider trading regs around closed periods)?