Member Info for mover123

You could be right Pearls. I cannot see these being amicable bedfellows

At the very least he will not want to sit underwater with what is (even for him) a large amount of money so presumably will take action to boost his investment.

I have also been considering MA overnight - whilst he has not done much for the share price so far I think the issuance of the 2024 AR and results has been acting as a drag. With some clarity on his intentions become clearer and even a third party joining the scene could mean a material adjustment on the sp. All my opinion obvs.

We all here know MM is a complete control freak. Who can possibly assume that he will blindly let MA take it? Similarly MA won't invest and keep this clown at the wheel

This could get interesting from here

Totally agree OSG. It would be bizarre if they came forward on the first round with best and final. On the other hand an offer for Nutrition at double the market cap of the entire company now would be quite interesting ;)

Thanks for the earlier Barclays number. I voted against all the directors. Unless the bigger investors vote the same not sure it will change anything but at least putting it there might make them sit up

I cannot get my head around the fact it has not happened already. We're in the bargain basement here.

I would be surprised and I hope not. She looked desperately out of her depth, looking at the CFO every time she made a comment. I think that would be a backward step. We need a veteran who has the experience and grit to turnaround an international multi-billion business.

I don't disagree with that - as said before the fact that he controls both is an absolute scandal. The Board (Chairman) need to tell him to make a choice - run Ingenuity or run THG, but not both. And obvs. thats not going to happen

Most likely. Agree it does need an RNS given the splash they went with when we went in.

THG still in the list of constituents on LSEG website

https://www.londonstockexchange.com/indices/ftse-250/constituents/table?page=2

Lets be honest Oke an insurgent campaign by some disgruntled PIs is not getting MM and others off the Board - lets stop deluding ourselves. With that, the only chance of value restoration is successive quarters of improvement in profitability and FCF. Thats the only way to remedy the price. And there, your comments on whey are relevant.

As to saving 340m by not using Ingenuity - thats not going to happen. THG is paying for a service (maybe inflated) but they would still have input costs elsewhere. I think there are other things they also need to look at - viz, its all very well "nuturing talent" and promoting from within when things are going well but they are not going well. They needs some hardened business leaders who have scars on their backs turning other businesses round. The situation is serious and they serious people driving each division.

Lets hope your right Anacott

Technical question though - the "model" only works if they short the hell out of it and have a constant flow of shares that they can pick up from spooked PIs? Presumably though the law of diminishing returns apply here ie there is a finite pool of shares that allows you to play that game for so long?

What we are witnessing here is akin to the LIBOR rate-rigging scandal. Question is will any regulators do anything about it

I think it would be even more interesting if it is not Ashley and the rise IS nothing to do with the conspiracy theories about FTSE 250 manipulation. The evidence will be clear by the end of today

MA buying again? Would make sense leading upto AGM?

Surely if THG is in the 250 but we see the same trend then there is something much bigger going on in the background as others suggest. If you have pockets deep enough there is very easy money to be made here buying the business whole and splitting up. I think its only a matter of time before that happens

LSEG website (gospel) has it at £371.04m

Good info apart from the part about dropping out of the FTSE 100 - we should be so lucky ;)

The silence though as absolutely deafening though? Hard to believe there aren't conversations happening in the background? It could be totally binary where we flounder around at this level and then an announcement drops which sees us bounce. there is no way we stay at this valuation for too much longer...