Member Info for markydeedrop

I agree. Overall lots to be positive about in this this statement.

"The portfolio is now materially derisked with just three assets left in construction. Once the three assets are completed, we expect the portfolio to reach a steady state, able to meet its dividend targets from cash generation. Furthermore, we expect a material increase in contracted revenue contribution to portfolio cashflow through the Resource Adequacy contract, for which the 200 MW Big Rock asset is eligible once operational. Additionally, we expect a cash inflow of between $60-80 million under the Investment Tax Credit Regime for the 275 MW of US construction assets. This influx of cash adds optionality to de-lever the portfolio, build further assets, or reward shareholders through dividends or buybacks."

I've just voted this morning through the HL website. It's pretty easy to do. When you go to the "secure message" section you'll notice another section a little further down in relation to shareholder meetings. If you click on that option it then gives you the for/against option and you can vote accordingly.

A great set of results today by the looks of things.

A former Asda warehouse site in Dallam Lane is to be converted into a clean plastics recycling facility by Indigo Environmental.

Indigo was acquired by The Hut Group in spring this year as the e-commece giant sought to bring its plastics recycling in-house.

With a change of use application now lodged at Warrington Council, THG is planning to relocate Indigo’s regional operation from its base at Widnes Business Park. Indigo has a further site in South Wales.

Planner Euan Kellie Property Solutions is advising THG on the project. The professional team also includes architect Chetwoods, transport consultancy SK, noise assessor e3p, drainage consultant WSP and NG Bailey.

In its planning statement, EKPS outlines how THG has been an employer in Warrington since 2015, when it opened a major production and distribution site at Omega, a centre it is planning to expand by 180,000 sq ft.

EKPS goes on to spell out THG’s plans in sustainability, including producing “zero waste to landfill” by 2030, 100% of its own-brand packaging to be recyclable by 2025 (and 70% of third party brands’ by 2030), to recycle more plastic than it uses by 2030, and to have all suppliers committed to ethical sourcing standards by 2025.

The site, north of the town centre, has two warehouse builings totalling 305,000 sq ft. The site is bound to the west by the west coast mainline railway, and to the east by Dallam Lane. Apart from some housing on Bewsey Road, most of the area is commercial, with major buildings being the Halliwell Jones Stadium and a Tesco Extra.

The plan is to keep the existing layout of the site as it is, with the addition of a waste area (equal to around seven skips) outside one of the two warehouses. Two generators will also be located externally.

With a share price that has fluctuated wildly since a much-celebrated IPO in 2020, THG has rarely been out of the business news this year.

In August it secured consent for a luxury guesthouse as part of its Hale Country Club project, while its 459,000 sq ft warehouse wrapped up the Icon logistics hub at Airport City on completion in October.

Summer saw permission granted for an office, hotel and restaurant scheme at Kennedy Street in central Manchester.

https://www.placenorthwest.co.uk/news/thg-subsidiary-in-305000-sq-ft-warrington-move/

Great Tweet by @TheMoneySponge today

#GRL lets remind ourselves...

#gold producer as of today

2022 Projected FCF/EBITDA $56m/$87m

Debt $4m (extremely low debt gearing)

Akrokeri 24g/t additional mine to be developed

#gold climbing increasing already exceptional margins

£60m Cap!

Congratulations to all holders. We got there. It's only a matter of time until this undervalued PRODUCER* gets a proper re-rate northwards. *That sounded nice.

Some great points there NoTryToTry and I agree 100%

Yes ... 38-41% was forecast, so it's right in the mix. There is more clarity on Ingenuity revenues. On top of that we now have a Softbank employee on the THG board. So it's all very positive. I also liked the fact that in an inflationary environment they've been able to control costs through technology. For me, it was very positive.

All in all, I think the Hut Group shares now look undervalued. The company is trying to change, and the world’s most significant tech investor thinks its Ingenuity division is incredibly valuable. Based on these factors, I would buy a speculative position in the stock for my portfolio today.

Full article here:
https://www.fool.co.uk/2021/10/24/why-i-would-buy-the-hut-group-shares/

A very impressive trading update today from #APF

https://www.anglopacificgroup.com/q3-2021-trading-update-record-quarterly-portfolio-contribution/

Here is the full article that The Loaf mentioned. Very positive on #DEC.

MIDAS SHARE TIPS UPDATE: Diversified Energy gas shares a bargain as sales soar

Diversified Energy also seeks out unloved assets, specifically shale gas and oil fields in America.

Set up by veteran oil man Rusty Hutson, the group has grown at pace since joining AIM in early 2017.

Midas recommended the firm that same year, when Hutson was producing the equivalent of 11,000 barrels of oil a day and the share price was 71p.

By 2019, the shares were £1.13 and production had soared to 70,000 barrels a day.

Since then, Diversified has moved to the main London market, joined the FTSE250 and increased production to the equivalent of more than 130,000 barrels a day, 95 per cent of which is gas.

At the beginning of last week, the shares were trading at £1.29.

On Wednesday however, a report was published, alleging that Diversified's wells are leaking methane gas and damaging the environment.

Hutson hit back, pointing out that the report focused on a tiny fraction of the firm's 60,000 wells and highlighting Diversified's environmental track record, under which emissions have been falling significantly year-on-year.

But investors ran scared and by close of play last week, Diversified shares were trading at £1.07.

At this level, the stock is a buy. When Hutson floated the business, he promised to pay generous dividends to shareholders.

He has been true to his word. Payments have risen steadily each year and analysts forecast a 16 cent (11.5p) dividend for 2021, putting the stock on a yield of almost 11 per cent, supported by robust profits and cash flow.

Midas verdict: Diversified has become one of the leading gas producers in the US and sales are soaring as gas prices rocket.

The methane allegations have hit the shares hard but Hutson is fighting back and the stock should recover. Existing shareholders should hold and take comfort in the dividend yield. New investors could also find the stock attractive at current levels.

Reading some of the insane comments on here it's no wonder companies favour the NASDAQ for tech companies.

I think people on here are just not use to fast growth companies. THG started in 2004 and now have 10000 employees, taking on around 3000 of them just during the pandemic. They are in the expotential growth phase of the business. Opening new logistic facilities worldwide and buying new companies to strengthen and deepen their offering. They have recently opened their massive media facilities at Manchester Airport, along with a whole raft of new distribution and manufacturing facilities.

It's explosive growth and it's exciting .. but it's exactly what you expect with this sort of company. Does Matt and his team get every decision right, no. Do THG make mistakes, yes without question. Have they made some daft decisions along the way, absolutely.

They ARE however profitable once you strip out one-off costs and could be more so if they decided to reduce growth and focus on profitability, but that's not what they are about. This is baby Amazon stuff. This is sacrificing profit today for growth and bigger things downstream.

If you don't like that (which it seems many of you struggle with), then run along and get off this forum. Go buy Aviva or Barclays. Fill your boots with Unilever and Vodafone. THG will never be for you.

This is like early days Amazon and it's all over the place ...but it's exciting and each day brings something new.

If you just want to moan about this stock then please just leave this forum to people who want to invest. It's painful having to read through the trolls to the actual savvy investors who see the potential and where this is going. Goldman aren't stupid and their sizeable buys at the end of last week prove they still support THG and their direction of travel.

Good luck for all holders and anyone interested in this stock. Just give THG a break. It's not easy scaling a business at speed, doubly so in the UK ..and they need all the support they can get.

New Goldman Sachs price target for THG 700p with a BUY recommendation
New Liberum price target for THG 750p with a BUY recommendation

https://www.telegraph.co.uk/business/2021/10/14/sir-terry-leahy-loses-30m-hut-group/

"Although he is not close to THG’s top brass, he is understood to be a believer in the stock despite its recent travails."

https://www.telegraph.co.uk/business/2021/10/14/sir-terry-leahy-loses-30m-hut-group/

I think Malcy sums this nonsense up nicely. SharingGuy highlighted this link yesterday, but it's well worth another read.

https://www.malcysblog.com/2021/10/diversified-energy-company/

100% agree with this.

I've always seen Hut as a baby Amazon. A British tech company with fabulous software which allows them to bolt on a whole range of businesses into the ecosystem. On top of that Ingenuity can do work for other companies in which they charge a fee and/or cut of sales. It's pretty straightforward but it's exactly what Amazon has been doing for years.

Their software is class leading, but it needs to stay integral to the rest of the business not spun off in some Japanification of the business. I'd much rather SoftBank did a u-turn and basically said "at these prices let's just buy a chunk of THG rather than Ingenuity". You'd get all the upside of Ingenuity which they can use to enhance other SoftBank business (with a charge) but also get a baby Amazon ready to launch into new areas and scale up quickly.

THG could be something special. I'm still a big fan, but Matt and his team need to take a step back and revisit the direction he's currently taking if at all possible.

At the end of the today I took a few more of these. Am I stupid - maybe, or maybe I'm just a dreamer. Only time will tell.

A very positive RNS this morning. Performance seems to be holding up strongly, and compared to the recent CMC Markets RNS, IG continue to trade well.

A very positive RNS today.

Taken a few at 299. This seems a little oversold to me.

Difficult to resist at these bonkers prices. I've been topping up at 775.