George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Rizzel, Not quite sure you analysis is correct, Heinz still sell a lot of beans, Kellogs still shifts $ billions of cereals and Mars/ Nestle still sell $ billions in chocolate bars, most of which have been around for over 60 years or more. My Protein isn't some small start up, it's the World #1 brand Protein supplement brand if you read last week's results. "......D2C brand Myprotein is the 'world's largest' online sports nutrition brand, now spanning performance and wellness......" Sales of £658 milion in 2023
JMO Adyor?
So using a basic mathematical calculation, if Applied Nutrition that has only 15% the market and sales of THG's My Protein but is going to be floated at circa £1 billion (assuming this is the case?), then My Protein alone could potentially be valued at somewhere near £6 billion if using exactly the same valuation basis. That would mean My Protein is worth 7 times the current value of THG's entire business at current SP of 60p for THG? JMO ADYOR . Kelso need to give MM another kick up the ars#e it seems.
Statement from last week's results for Nutrition (World's Largest')... Premium sports nutrition brand with category leadership in both online (c.90% of revenue) and offline spaces across key markets such as UK, Europe and Asia. Its proven localisation model allows for rapid scaling internationally, with c.70% of online revenue overseas.
"......D2C brand Myprotein is the 'world's largest' online sports nutrition brand, now spanning performance and wellness......" Sales of £658 milion in 2023 approximate current value £zero?
Applied Nutrition Value to be confirmed £1 Billion really???
According to Sky report employing more than 200 people, Applied Nutrition has seen rapid growth in recent years, and is heading towards a £100m sales milestone during the current financial year. (so only 15% the size of THG's My Protein)
https://news.sky.com/story/former-jd-sports-chief-cowgill-snaps-up-applied-nutrition-stake-13115111
It's obviously better to have friends in the City, unfortunately MM has just made a lot of enemies it seems? The obvious thing to do is to float My Protein the Worlds No 1 sports nutrition brand as quoted by the company in latest update for circa £3 or £4 billion as Kelso have been alluding to, the remaining business will then have a huge amount of cash to expand Beauty, Ingenuity etc...or is that to obvious?
Well I've managed to recruit a search party, Sherlock Holmes and Dr Watson have offered their services, I've decided camels 🐫 🐫 will be the best form of transport as they are used by the locals...I will post an update if we manage to locate Davinder and the BOD assuming the aliens 👽 still have them?
Just had two letters from HSBC ISA & sharedealing accounts. The Redx pharma shares will be sold if you don't contact them by 25th April. Otherwise you will have two choices get them to transfer them to a broker of your choosing by 22nd May or receive a share certificate. HSBC will not allow the shares to be held in their ISA or Investment accounts. Has anyone else chosen a new broker yet that is accepting the shares on nominee account? 🤔
ZeroMates by name ZeroMates by nature. Why any fool would want to defend those two deluded 🤡 🤡 is beyond any normal sense of behaviour. Two chancers who managed to get hold of a company and then find themselves way out of their depth, jumping from one failed project to another, in the vain hope of striking it big in the O&G industry. I didn't get paid for that fact either. JMO
It clearly tells you in great big CAPITAL LETTERS that the city thinks that the two clowns are totally incompetent, maybe one clown will sack the other and blame each other for the total car crash they have created? JMO!