Member Info for Mattyboy-

Little bit of red and out they come.So predictable.

Jcj07....'the no end in sight negativety (sic)'

Mostly from you it has to be said.

"but whichever way we cut the numbers, we expect the demerger to release the underlying value here," he said.

Still adding.

Analyst John Stevenson estimated that THG Consumer could generate £2 billion in revenue, £138 million in EBITDA and £45 million in pre-tax profit by its 2025 fiscal year.

Ingenuity was valued at between £200 million and £300 million, based on a multiple of 8-10 times 2025 EBITDA.

At this lower amount, this "implies" a valuation of only £500 million for THG Consumer if the demerger occurs, Stevenson said, suggesting a 17% free cash flow yield, a metric that measures the return a company generates in the form of free cash flow relative to its market cap.

But based on the average free cash flow yield in the wider UK retail and consumer sector of nearer 6%, this would imply a THG Consumer valuation of around £1.4 billion, the analyst concluded.

"The initial outcome is likely to be somewhere in the middle, but whichever way we cut the numbers, we expect the demerger to release the underlying value here," he said, reiterating a 'buy' rating and a target price of 141p.

Consessions would seem the way to go apart from larger cities.

Testing the water.

I disagree with all of that apart from that he may be being leant on to split Ingenuity.

It's not Ingenuity where the money will be made.

It's the consequential valuation of Nutrition/Beauty following the split.

Mike Ashley was much maligned and mocked by the City yet went on to take Frasers from 30p to £9 in 5 years.

Matt has a chance now to emulate this kind of recovery.

Have added again this morning.

I retract the bullship NMH…..very odd that hsbc put this out there.

Your reality is very different to my reality Jc. Reading your posts it would seem your best course of action would be to cut your losses and buy elsewhere. Why would you not if this is a ‘lemon stock’?

I’m very positive for a strong recovery here led by someone with unparalleled experience. That’s just my reality.

Nothing from HL or AJBell….I smell bullship.

OSG…I have found myself agreeing with a lot of your recent posts but I have to say your angle on Kelso seems to me to be wholly misjudged. I’m quite amazed

by it actually. I’m with Goldenfoot on this one.

Suspect they've not finished yet Dippy.

Moni…..it is absolutely a scam. Manipulated down by entities selling borrowed shares into the market to a contrived level to either allow maximum return on the recovery or corporate activity at a determined point.

I already have a large holding but I’m taking advantage of this small window in between the RNS and the forthcoming announcements re Ingenuity and Listing to add as much as I can.

Overall revenue was up.Nutrition already recovered in September.

25% drop?

Engineered.

What about it Steve?

Facts are facts.You are factually correct as was I.

Because I quoted some factual historic SP’s I am actually Matt Moulding?

That’s quite an odd accusation Stevefromhull.

May23. 57p

June23 84p

July23 107p

Things can move up quickly.Some big big news announced yesterday to come.

You can ‘suggest’ all you like Steve but facts are facts.

95% of shareholders disagree with you.

You're just part of the noisy 5%.