RE: SP24 Jun 2025 13:49
Stanleyb - agree THG is undervalued.
I also think the BOD is a major problem. And with the Ingenuity deal, PI's have been totally duped. Many lies have been told over the years, eg Ingenuity valued at 4.5bln, over 1b by Apollo, then taken private for practically nothing. Major deals were coming nothing happened. Highly profitable business to pay dividends, massive losses instead. And now its saddled with an Ingenuity deal, which has already sucked the life out of the rest of the business. Promised growth, profits, customers, never came. And the BOD is rubbish, very weak, nobody has confidence, can go on and on.
Anyway my main point is you bang on about this revenue comparison non stop everyday. Firstly are you a bot?
Depends on the quality of revenues and the bottom line. I.e if THG had 2b revenues, but consistently making 200-300m annual losses, what is the point?? Compared to say APN, which may only have 100m revenues, but clears 20m profit consistently. Its a totally different situation.
You state the revenue figures like its one and the same and nothing else matters, you are comparing apples v lemons, there just isn't a comparison. I.e You can have 10b revenues, but if you consistantly lose 3b what is the point.
Atb to anyone invested here.