Member Info for Money_mad

To spend - ASOS , Debenhams / boohoo or THG? Thoughts anyone ?

Hmmmmm……..The New Facility, which is valid for three years (with 2 one year extension options for a total tenor of up to five years), will provide the Group with access to borrowings of up to an aggregate amount of £3.0bn. The facility includes an accordion option to increase this facility by up to £0.5bn at lenders discretion.

They aren’t going to be doing dividends or buybacks anytime soon, they said they would be reinvesting into the business and growth.

Interesting to see Greggs results today. Sun is out people are eating less sausage rolls and eating more protein and health foods it sounds like :-)

Third month with no voting rights on the 1st of the month . I know I sound like a broken record but when it was so regular I am a little confused at why this isn’t updated? Is it due to the CLN or something else ?

Show me the money

GLG short reduced again on friday 0.57 to 0.46

3 shorts reduced versus 2 in today’s update

I agree AS1 - assuming people saw the instagram update and launch in Morrison's. All these launches are compounding into a significant growth spurt

Lucapizza i believe the broker questions were answered before we arrived - that was the sense i got.

This is what I picked up. While there weren’t many questions raised, several key insights emerged:

1. The company is currently focused on growth over immediate returns.

2. The THG Ingenuity contract was conducted at arm’s length and approved by auditors.

3. The retail beta program is progressing well, hoping to hear more in September.

4. Frasers Group is viewed as a friendly shareholder and noted to be approaching THG differently to ASOS/Boohoo etc

5. There is a strong sense of disbelief around the current share price. The board members have invested significantly higher than current price.

6. An individual who was illegally shorting THG stock (alongside other shares) Redinel Korfuzi, a former analyst at asset manager Janus Henderson (not the same as the surname Henderson), was found guilty in London for insider trading. The Financial Conduct Authority revealed he used confidential THG data—among other companies—to make nearly £1 million in illicit profits through his sister’s account. He was convicted alongside his sister, with sentencing scheduled for July 4, 2025

7. The company has invested in teams in the U.S., aiming to grow its presence there. The U.S., Japan, and UK are current focus markets.

8. Ingenuity sounds like its progressing well with confidence in some near term positive news.

Overall, the tone of the meeting was positive and forward-looking.

Myprotein is growing from this update and expansion is happening - they state this. They are saying on beauty that the uk it’s largest market is growing and the drag on revenue ia on the markets they have dropped so we should see a shift in q4 as they march to profitability. In the meantime down comes the protein price we hope!

It looks like ?

You can sell

For higher price than buy on HL not seen that for a while!

Shorts increases and timing has been aligned with Frasers so wouldn’t read too much into that! That being said I think Myprotein will be good update and beauty probably disappoint but let’s see!

And above 32 after loan approved

Yes it was earlier by around 3 months I think then got pushed back to December.

Kbyk - is it not 4th December? Also what does subject to the adjustment upon the occurrence of certain events” mean? “ the date on which the Convertible Loan will be convertible into newly issued Ordinary Shares at the Placing Price, subject to adjustment upon the occurrence of certain events, will be deferred to on or after 4 December 2025 (conditional on shareholder approval to do so being obtained at the Company's 2025 AGM);”

Https://lnkd.in/eBTnxzyW

If Hyrox continues its global growth Myprotein and Thg ingenuity could do very well out of it. Better than Williams effort anyway!

Not all the shorts are working one way. Some are hedging against investment and using it as a tool for accumulation. Also note a lot of people saying they are selling out , with agm update next week, protein prices improving with more to go, myprotein sales stabilised and expansion happening, finance sorted till 2029, Frasers buying up loose stock, it does seem an odd time to give up! Warpaint update today could out some risk on beauty sales but they are spending a lot on paid marketing to hopefully get ahead of this!

Feels quieter than normal. Probably a good thing!

Long way to go to support the event, with agm coming up - so surely must be some business there also