Member Info for Monty888

Dye’s points are all valid, MM with his golden share, totally inaccurate forecasting, no idea of any sort of potential breakeven make this very hard to value. If things get any worse it’s probably a 20p share. It will need to eventually raise capital again and potentially a dilution or higher interest rates. If on the other hand it actually generates cash and becomes cash flow positive ot could be a 300p to 400p share. Talkings done now with MM and the city. He has to deliver bottom line, simple as that.

His charity work is nice but as pointed out it shareholders money and deals like keeping all the real estate (Tangible assets) for himself, he does like to donate where as he could be completely greedy. Still think he doesn’t want to open up the books to outsiders and that’s concerning. Let’s be honest 170p or maybe more if he opened the books looks something like fair value. The company doesn’t make money and never has, hard to track what’s going on with all his deals. The Cuty have seen straight through him and decided for now THG is uninvestable. Hope he gives up his free share and we actually make bottom line profit and start to become cash positive. If (when) that happens then there will be an enourmous upside re rate as MM will have proven all the deals and the business actually has ROI. (GLA).

Clearly they been doing a stockist trick of a form ‘sale or return’ over a period of time, one update even saying revenue was down because they couldn’t make gin fast enough. This was very clever while they did the capital raising all is rosy in the garden. Now we see this duplicitous CEO for what he is - Univestable!

The results were very poor as these are pre recession results remember, oh and yes the share price has predictably tanked. Bottom drawer long haul, risk of capital raising dilution. The only positive could be if Covid goes away we get a lot of visitors to Uk with the crashed GBP but that seasonal and input costs are horrible now (energy and min wage etc).

Really strong numbers and the momentum gets better quarter by quarter. This is how Dominos UK got going, very similar pattern. We we way smaller at 50p per share and the capital raising at 8p per share a few months back is paying off now. We must be fair value at 9 to 10p now and rising moving forwards. This is still very under the radar but will be spotted soon and there will be some good uplifts to the SP to follow IMHO.

Slipperman, why bother posting your drivel on this board. Maybe you like to run the SP down to get in. Rather transparent old boy…

They did share but backs and paid dividends when they should have been reducing their borrowings. This will not end well and they may need to re dilute and raise more working capital. Good share to short after the buy backs stop. Expect to this well below 100p within the next 9 months.

Good will write downs on the acquisitions is not in the data. I’m sure it’s understated.

Your name sums you up mate “Hope belongs in churches” so keep hoping. If you have any data or value adding comments that would be refreshing.

Look at Quindell Portfolio when that went from 609p to nothing, lots of Director buys but nothing compared to the free shares and salaries. Wouldn’t read to much into Director buys at all. Now the SP is 40p with a very uncertain outlook going into a worsening recession. People believe what comforts them and it’s very evident on these BB’s (I’m one of them that should know better by now). GLA

It’s almost certain that opening the books and being deep drilled as to value of THG per the indicative bids publicized would have found out the truth and true value and also need for possible provision and write downs. Brokers now valuing the company around 50p and those are always optimistic. Clearly MM is a wide boy and the *****ing about floating his company being the worst thing he ever did is a total smoke screen. Inginuity is nothing more than THG’s warehouse with the odd external customer and nil growth, MM is the City’s Frank Abignail it seems to me. Another sorry investment here based upon trust that was misplaced (My bad and ownership).

There is no cash in the bank, just a lot of debt. If write downs occur Nav reduces and banking covenants mean interest charges go up significantly. Where do people dream these up and understand balance sheets.

Best option would be a dual listing, a little expensive but it would get the SP much higher as long as no horrors on Thursday

It’s harder for MM so that if the numbers are good, if loads up more write downs and provisions then he can say things have changed - Offer say 100p per share and get it all back for a song - It’s a common tactic affectionately known as “Kitchen sinking” in the City.

I don’t like fact that MM privately owns the freeholds to lots of THG’s locations for UL’s a golden share. It realistically makes impossible for any good offers aside his own - Not enough separation and he shouldn’t be doing either of these practices. Then if we don’t get the promised growth of more than 20% he doesn’t know his company or his market. If we don’t get a close to break even in retained profit then that also feeds into this business not being viable concerns or it’s fairly valued at current SP = circa £700m. He needs to sell on the freeholds, give up his golden share and deliver some really decent numbers all. Any of these fail we will be in value trap for years or at the mercy of an MM low ball buy out.

Three things that make this a great share prospect IMHO is 1. Unlike others in the same sector we have zero debt as said with $300m in cash to develop existing pipelines or more acquisitions.
2. The Directors are very heavily invested and investing and no sales.
3. The chips we make are all in areas of current shortages or high demand and the pipeline for significant revenue adding is very strong. Additionally due to our size and market we can grow extremely quickly and the SP will reflect this over the next 12-18 months. I actually think the SP plus double relatively quickly and we would still be below our highs.

Well as we can see Rotto was correct to sell like the Directors

Getting ready to pop. Next results

Great updates and you think the fully subscribed fundraising at 320p - Its hard to fathom why the SP is not higher that 320p. Just a matter of time, HFD is pretty recession proof compared to most retailers.

I worry we will have really big good will write downs from overpaying for all the acquisitions and we do t meet the plus 20% growth promised, if the losses are worse we will drop further, good will write downs will hurt a lot. Can’t help feeling we got pooh coming out on the 15th The city is very leaky and if we had good numbers our SP would be creeping up not keep dropping. Hope I’m wrong, we all hurting too much here.