RE: Q4 - Trading (January 22)15 Jan 2022 11:49
I think they will outperform everywhere - all analysts will increase their targets as a result.
This really is a no-brainer - look at the market cap c.£2b - I think Beauty alone will do over £1b in revenue based off Q3 performance. L’Occitane recently acquired Elemis (sold by THG on multiple platforms) for $900 million at a valuation of “2x sales”. Whilst THG Beauty isn't a brand in itself, it's actually more valuable, it owns brands and a leading global platform. For me THG Beauty is worth c. £4b today nearly double the current market cap.
Then add on THG Nutrition, THG On-Demand and of course the diamond in the rough that is THG Ingenuity.....
This company should be trading £8+ today, but MM upset institutions, media, and I'm sure others by doing it his way. Let's not forget that fraud (Numis) has taken place here as well to fuel the market manipulation and short attack.
We can look forward to MM announcing (maybe not Tuesday but at some point) the new Chair, moving to the FTSE, him sorting all the loans stuff, smashing results and maybe, just maybe Softbank taking up their option on Ingenuity and who knows maybe a US listing (as he doesn't like the UK markets and they don't seem to like him).
SOOOOO much good news to come and I am pumped, I will try and grab more on Monday if these algo/bots/crazy shorters keep trying to dump the price and buy your shares on the cheap. I won't be selling any until I see at least £10.
It's insane to me that "JD is now worth £11.2billion – more than Lord Wolfson's Next, enough to buy The Hut Group five times over, or Mike Ashley's Frasers Group three times." whilst I like trainers, I really don't see why brick and motor retail is the best that Britain has got to offer.
For me, once the sentiment changes and people understand this business it could be the biggest thing in the UK, I've always had this view.
It's been a tough few months, but things will change and I'm confident the value of #THG / $THG.L will shine through.
Roll on Tuesday (if I can't snag a few more on Monday) and please if you believe in it, don't get excited by the 5-10% jump, wait for the multi-bag if you can ;)