Member Info for Monty888

People are converting to vaping as it’s more pleasurable, doesn’t make your wallpaper go brown, better for your health than combustibles. Vaping will overtake combustibles within a few years, enormous market potential that Supreme are just scratching the surface off. Their other divisions are generating record revenue also as published. I topped up after the panic at 101p and see no reason why we won’t be back over 200p again soon. After all SUP is now generating way more revenue & profit than anytime in its history. We also have wise use of excess cash to do share buy backs. Supremely run company.

Buy / sell spread of c.13% so the first 13% profit is your break even on trading here. If it can generate PAT one day with a smaller spread it’s possible to get an ROI. However the extraction cost of oil is very high so this may never get to BEP. A good opportunity to exit is what smart money will do IMHO

Weird the SP has fallen a little more than the dividend. Although it’s EXD today with dividend at 13p I would expect to fall maybe 8 or 9p. It’s better to by these shares EXD really, no tax and bigger saving than the dividend. I guess people will top up tomorrow before ISA closing day and we could see a small bounce back…

The results & dividends come out with the walking dead and other silly people David008

Ferrulepuss* didn’t find this link in his sad little negative world of finding 3 year old publications, anything is good in his world as long as it’s negative, relevance doesn’t matter.

Desperate old article from 2021 - Yes Oh Dear and very Oh Sad ferrule cat. Your so so boring and NVA.

A lot of positives here, debt free, in growth mode albeit a drop in net profit and a higher average tax rate. The next kick ups will be EU license and later US and I think they are keeping some good stuff back for the new CEO to fly the flag on. Probably settle around 100p for a while then start rising again is my sense of things.

Ferrulepu**sy (should say)

exactly crafty - ferrule***** is busy right scouring the internet to try to find his next negative narrative to achieve what i wonder? sad sad non value adding individual. he is too talentless to run a short or an etf, just some idjut who needs to get out more and get a life.

Get a life

wild tiger - your more a ferile*****.

how long have you been unemployed now, wasting all you time on these bb’s?

you don’t need to comment 140p is in the high side all brokers do that and everyone know it, you really are richard cranium and totally irrelevant. fair value under mm is probably 80 to 90p. if the group was sold off 200 ish (with mm owning the freeholds) without that closer to 300p. whichever way you look at it investor reality is thg is oversold and below fair value. keep it real and don’t bore us all with your silly nva comments.

Well I sincerely hope your correct regarding making a first net profit after tax that can then be used to reduce debt and if that is the case we will see an uplift in SP. I like it that they are sacrificing lower margin revenue for higher margin revenue and if that that’s flat or very slightly lower not a big problem. Significantly lower it will be received very negatively. I’m fingers crossed right now awaiting April 19th / 20th.

Crafty - Your quoting me incorrectly “Net profit after tax is sanity” EBITDA = BS earnings and that’s what your quoting in your post naively, regarding THG it’s a particularly misleading metric as they are being crushed by interest on debt right now. They must cut costs, ideally sell of a division and deleverage ASAP to release SP value or stay range bound unless a bid which is unlucky as MM is the landlord of THG properties. (That’s worse than any golden share IMHO).

Last year 19th April. The problem we have is not even close to profit after tax. MM keeps referring to EBITDA break even. The “I” is for interest and the “T” for tax. All THG’s earnings are paying the government and the banks. MM needs to massively cut costs or sell a division to dress down debt in the tensing two he keeps otherwise we will be in this value trap for years. Sadly MM is not interested in shareholder returns to date. Hoping for sea change next month in his strategy that focuses on the owners of THG (namely “ALL” shareholders not just MM and his buddies.

Good point Luke, especially the high yield tracker funds, they will really want a percentage or two of DEC

Most USA shares do not pay the sort of yields UK shares do, once the US yield tables are updated this could draw a lot of institutional support over the next few weeks plus the share buy back etc coming should bode well for an SP uplift. Yes a big drop from our UK historics but a double figure yield for US investors. The arbitrage on the SP balancing will support my theory. GLA

In conjunction with the asset acquisition and following the Company's capital allocation policy review, the Board has set the new quarterly dividend to $0.29 per share which equates to $1.16 per year. This fixed quarterly dividend payment will be sustainable for at least three years and maintains a top quartile pro forma yield1, among FTSE350 and higher than a majority of US listed peers, while providing the Company financial flexibility to reallocate approximately $110 million —— Its just shy of £1 per share, that’s not a bad yield at all. It will be maintained for atleast 3 years

I’ve topped up at 482p, might go lower who knows. I do think the 2 x 26p dividend payments are very safe so that’s a 10.8% yield (More than happy with that) don’t want to be too greedy and here for the longer term.

Unless Homebase goes totally under and ceases trading, maybe it will shrink to an on line store only like BooHoo did when they brought Debenhams. If that was the case then I guess Ingenuity would continue be their platform as a thought. I’m not 100% up to date on the Homebase situ so perhaps wishful thinking.

It is and will remain hard for II’s to invest in until it can make a profit after tax. It’s working for the banks only right now and MM and cronies issuing themselves underserved shares and bonuses. If it were emerged now I do think the sum of the parts would be around 200p but without a break up and much more cost cutting it’s in a value trap vicious circle I am now concluding. MM’s ego is bigger than us shareholders and all we can hope for is Kelso table his resignation and it goes to a shareholder vote. Then we can get him out and fresh blood will hopefully realise THG isn’t owned by MM but all of us shareholders.