Member Info for Monty888

Same as you Kidge, I trusted MM and basically a bad misjudgment on my behalf. He has hived off Ingenuity to himself rather than do a capital raising, split the business into 2 tradable PLC’s (Which all retail

Investors would have wanted). I think his purchase of lots of small businesses was likely overpaid for and any due dilligengence from Apollo etc would have ended in exposure and tears and showed MM up for what he was and is. At the time I thought THG must be worth around 200p plus and patience would reward. I’m now totally cynical and think MM should be sued or locked up however that’s a pipe dream. I do hope there is a last chance saloon and he makes good on THG and redeems himself (Do I think he will, NO, do I live in hope he will YES). Reality is “hope” belongs in Churches not in MM’s world or the lack of investor protection in London’s poorly regulated markets where honest retail

Investors get lied too and cheated without legal recourse or basic protection. GLA in our church of hope…….

Hi ONS, thanks for sharing - Genuinky didn’t see that product and packaging in Iceland East Grinstead 3 months ago when I was last in UK. I have 850k shares 50% down. I’m very hungry for anything g positive right now as you can imagine. Thx again Monty.

I don’t see THG’s products flying off the shelves in Icleand, dowdy packaging and competitors products look way better. Same thing where their cosmetics are supposed to be in stores. I wonder if MM is just running the remainco businesses down frankly. Have other people been out and about and looked at the products vs competitors products - What would you buy?

Moley - Your full of non data based diatribe. The labour government won’t help the UK market much and that’s already baked in current levels. Anything they do do that’s seen as positive will trigger an uplift. VOD are doing exactly the right thing in simplifying the business, doing share buybacks at this very low average price, reducing dividends and paying off expensive debt so they can re finance at way lower interest rates due their improved covenants. VOD is in a positive turnaround at that will come through this current CY - Watch and see…

Could the THG parcels get nicked off people’s doorsteps. The new way of shoplifting 🤯🥴

BullishAML - What are you waffling on about. VLX loaded up somewhere between 3-5% of TTG on an aggressive takeout bid at an average price of c.75p. Now they will drop them back into the market at over 100p improving VLX bottom line. Not too stupid to me. (Good Job Lord R & BOD).

There is no doubt about it that Ingenuity will land big whales and grow quickly. As it’s independent from THG, all current and potential competitors can and some will migrate to its platform that would see it as part of its competition previously. For me though I’m unsure how easy Jenkins matched trades would work and this is all MM constructed so he can steal loyal shareholders money effectively. He knows most investors will just stick with THG Plc. He could have easily hi ed off Ingenuity as its own PLC rather than make it a private company run by him but chose not too. It may well be the matched trades offer a really big premium after say 6 months and I made a mistake due to the uncertainty shared. I have MM pigeon holed as a conman now, and me a victim (I’m sure I’m not alone on that). My only hope now is that THG does really well, makes a nice net profit, pays dividends per MM’s blag. My worry is MM is just a corporate blagger as proven with facts over and over again. Good luck all folks that are probably in the same boat, thinking the same thing, hoping the same hopes.

As a Volex holder, glad to see the pull out. The TTG BOD continue to demonstrate Executive incompetence. Volex likely paid an average of about 75p that they can now drop it all off at c.100p - What a difference between the the two companies nouse and competencies.

JPMorgan raises ITV price target to 115 (114) pence - 'overweight'

With the buybacks and turnaround both, we are seeing a nice uplift in eps. Very undervalued at less than 100p for sure. Vulnerable to a Comcast bid also.

I’ll be voting against the Demerger, it’s theft by any other name. The SCC and financial regulations in this country really suck.

They have the cash on hand to do the work quickly but it would clean it out, so the flexibility to 2029 is good. House prices are quite buoyant and still a net shortage of nice new and refurbished homes in UK. Also always shortages for student lets and as they say solid growth for Fresh that now does non Watkin contracts. I’m very surprised to see the SP below 20p and next results small print will tell us where they are very clearly on the liabilities and assets. (It will also tell companies like Vistry, this could be a good acquisition unless there is some kinda monster in the finances yet to come out 🤗). I think this is a really good investment all things considered at 20p, would be nice to see more Director buys to reassure me though.

ZigUp sounds like some happy clappy hippy company selling vapes and other various intoxicants - What a stupid name eh?

Overpaid for the tyre company, low margin, didn’t make sense. Seemed like the CEO felt he needed to do a deal and he did a bad one. There are better BOD’s than this lot around, hope for some resignations soon. Not good enough bs the remuneration they get bottom line.

When you think 130p less than 2 years ago. It’s kinda oversold I feel.

I think similar but to c. 90p within 12 months. Assumes markets are normalized as VOD will go up and down with tide as a ship in the harbour does.

80% spread. You just 160% on any buy or sell at the same mid price.

Laura you e just lost all your investment unless you sell out quickly. Your post makes no sense you and shareholders are not part of the future

Today 07:00

RNS Number : 5920N

Supreme PLC

26 November 2024

26 November 2024

Supreme plc

("Supreme," the "Company" or the "Group")

Unaudited Results for the Half Year Ended 30 September 2024

- Revenue up 8% and Adjusted EBITDA1 up 22%

- New 'soft drinks' product vertical, increasing diversification

- Business remains bank-debt free with the interim dividend up 20% to 1.8p per share

- Results for FY 2025 expected to be ahead of market expectations with an Adjusted EBITDA1 upgrade to at least £40 million5

Supreme (AIM:SUP), a leading manufacturer, distributor and brand owner of fast-moving consumer products, announces its unaudited results for the six-month period ended 30 September 2024 ("H1 2025" or the "Period").

Financial Highlights

· Revenue growth of 8% to £113.0 million (H1 2024: 105.1 million), underpinned by growth in the core business and revenue from the acquisition of Clearly Drinks Limited ("Clearly Drinks")

· Adjusted EBITDA1 up 22% to £18.5 million (H1 2024: £15.2 million), driven by higher gross margins in all categories and a continued tight control on overheads.

· Adjusted pre-tax profit up 25% to £14.7 million (H1 2024: £11.8 million).

· Operating cash flow of £11.3 million (H1 2024: £0.4 million).

· Interim dividend of 1.8 pence per share declared (H1 2024: 1.5 pence per share).

· Earnings-enhancing acquisition of Clearly Drinks for £15.6 million, financed entirely from the Company's own cash reserves.

· The Company remains debt free

Adjusted net (cash) / debt i.e. excluding IFRS 16 leases4

Dividend

1.8p

Up from

1.5p

+20%

Operational Highlights

· Acquired Clearly Drinks, a UK manufacturer and brand owner of specialised canned and bottled-at-source spring water and soft drinks, for a total net cash consideration of £15.6 million.

o The acquisition is expected to generate around £3.5 million of annualised incremental EBITDA and will provide cross-sell opportunities across our network and innovation opportunities for our Sports Nutrition & Wellness division.

o As a result, non-vape annualised revenue now exceeds £100 million (around 45% of Group revenue).

· Following the successful relocation of the warehouse operations to 'Ark' last year, the administrative headquarters were also relocated

Revenue up 8% and Adjusted EBITDA1 up 22%

- New 'soft drinks' product vertical, increasing diversification

- Business remains bank-debt free with the interim dividend up 20% to 1.8p per share

SHOULD BE BACK OVER 200p VERY SOON

- Results for FY 2025 expected to be ahead of market expectations with an Adjusted EBITDA1 upgrade to at least £40 million5

Run out of money yet again. Looks like THG with it unproven never made any net profits copy and paste.