Member Info for Monty888

I see it as an opportunity to buy a share where we know we will get a 10% Divi yield at current pricing. Won’t be around forever at these lows especially if we get a BOE 25 basis points cut a couple of months from now.

Agree it’s all very alarming indeed, wondering if the whole company is tricked up top to bottom. Per the dilution the cash top up was over subscribed at 35p per share so if the reasons and noises are per the RNS and no corruption in evidence then it’s very cheap. If the reverse then further to fall. Small punt only at say 23p is the order of the day I think.

What’s all this BS got to do with SRT?

‘Founder’s Syndrome’ — the term coined for when an entrepreneur fails to see the need to take on outside help — is one of the biggest barrier’s to new business growth, and can be the demise of something that is destined for greatness.

The only thing you can be sure of is Brombard will keep ramping and loosing money, spouted his drivel when the SP was 3p about and the other surety is the SP will keep falling on never ending dilution until the BOD gets Sussed, money then runs out and the administrators execute the receiverships.

Once the buy back is completed, SP goes up on the next results as the SP determinate is nearly always EPS.

Yep - It’s bigger now on every front than when the SP was 240p a couple of years back. The 220p rating makes complete sense. What doesn’t make sense is how the SP can below 200p

P/ E of 500 and a spread of 10%. Shame but I think SRT is uninvestable. They were very naughty over spinning prospects when they did a 40p p/s capital raise. No they have consigned themselves to the serious investors rubbish bin.

Not to mention an upgrade per the new CEO whose pedigree is just what’s needed right now and looks to be a really good addition to Pease as he tweaks his BOD after the current mess that’s become what was a highly rated investable company.

Good TU today, cash remains healthy, forward sold all done and new opportunity work in progress, rental and Fresh performing really well - No additional provisions needed - Every tiny issue kitchen sinked by the new CEO Mr. Pease - SP on its backside and only one way to go and that’s up - This is the Bull case and I expect to see this get a complete positive rating in the next 6-8 months if not earlier.

With c. 50% shares being cancelled, cash on hand now and no debt + commercialization progress happening shouldn’t the SP go back to around 40p in layman’s terms assuming no other significant SP changing problems. Am I missing something or this an excellent buying opportunity and the world is asleep. I know the BOD lost PI credibility but even so it seems SP is just too low?

Came to post the same message spookily enough. ASOS numbers on a like for like comparison of rev, ebitda, cash etc worse than THG yet their SP rises as it’s already low and no shocks. The delta between the 2 is we got an arrogant idiot running THG they do not.

What does FUD mean please?

ITV under priced for a profitable well established media company with a lot of IP and back catalogues etc aside advertising. Vulnerable to a takeover especially if it stays below 80p after the share buy backs are completed. The buybacks should underpin the price if we get any black swan events like a war escalation

Bigger losses, more fundraising no difinitive PAT - Best watched and not a good investment at the moment.

MM’s been doing massive non cash write downs now for 2 years. What it shows is they probably paid double for all their businesses that fair value. None of them making a net profit after several years. Actually shows MM to be a manipulative muppet just ask anyone at SoftBank etc. He needs to be voted out ASAP. He also on top of business incompetence donates shareholders money to political parties and personally owns the units THG operates out off under lease agreements to him. All of it breaks new British conflicts of interest rules if people are familiar with them. MM should be pulled and fired on these items alongside significant under performance. Not to mention shares for his mates who haven’t earned them causing more dilution - Deperatly need an aggressive takeover, business split or exit of MM any of which would double or more the current SP instantly.

As said before by many, THG needs to either do a 3 divisional split or sell a division to clear debt. Until it does so it debt will continue to increase. It can only be paid down from PAT (profit after tax) AKA Net profit - Therecaint none and it looks miles away. To be fair this was always the cited case of the big sellers way back in the day. Got a highly leveraged company that paid too much for not always the best acquisitions and now it’s paying the price of overhyping itself as some sort of wonder retailer rather than just another on line seller. So the current valuation builds in all these investment case uncertainties.

MM needs to go, EBITDA is BS for earnings, huge debt to service so are working for the banks effectively. Still no profit after tax nor sign of it. No forward guidance (totally inconsistent). Group needs to sell off a division and dress down total debt to get some value back to the SP. I think around a 5p drop as it’s already lost 90% from its peak.

Clearly nothing to do with any split, normal job title for a division of Nutrition’s magnitude. What happened to the current combat I wonder regarding head of Finance for nutrition regardless of whatever job title that was.

Interest on loans and building reformations of £95M plus they brought a lot of land without planning permissions that are now being sold at a loss. Basically the last CEO screwed up and hid the mess for as long as possible. Worry is Pease and the current BOD were also on the BOD that messed up this destroying value and making any II totally afraid to invest. The whole lot of them should have gone and brought in new blood. Be a long time before we see any profit after tax that mean a dividend could potentially be payable - This is bear case.