Member Info for NoTryToTry

I think anyone can see the stock is being manipulated by trading activity these past few weeks. Yes, some investors may not have the patience / vision for the ingenuity build out but no-one wants to sell a co. growing 40-50% at a loss unless you're forced to by huge swings in price.

Certainly makes me question investing in the LSE.

THG is growing, amazingly well, through uncertain times. The media are bashing HARD, I'm not sure why, but I guess the UK press are downers on everything so true to form.

I'm long, partly as I now have to be but mainly as I do believe no-one can do what they're doing unless you're a US tech giant. Then I guess the media would be very supportive......

Some of the comments on here really are sad little people bashing away so lets see in 3-5 years if they were right, or if they are just sad little people.

Moulding has invested his life into this, and seems to be doing incredibly well at growing the business, just a shame he can't charm the city boys. I think with some more guidance / governance he can turn things around.

Buy now, hold long, you can't borrow shares forever!

I really look forward to the shorts running out of steam.

More buys than sells - strong update - governance being addresses - good presentation.

This is the best BUY on the LSE today, the market cap is laughable, if this was a US listed business share price would touching 1,000. The miserable UK markets do it again!

Waiting for pay day then dumping all in on Monday - easiest double up you'll see in 12 months

Buy and hold - the co. are growing 30-40% a year in the 'boring retail sector' plus the e-comm business. Don't be manipulated

Amazing how every broker but a few still have £7 price target before earnings!!!!

Once we see earnings, I think that raises. This will double from £3 as soon as there is some positive news - please THG don't drop another clanger and lets get there!

Ingenuity aside - they have cash, two businesses generating c. £1bl in revenue and an investor (SB) which is still so say onside.

Find it strange how something is not scalable one day when markets are red but when analysts were pricing it for institutions it had the promise.

This is very painful to be a part of....but I still believe we will be back in short order.

But, just to change the topic very so slightly "Do Investors care about ESG?" I think the answer is no, quite clearly, 1/3 of the presentation was on sustainability and no one is talking about it as a positive at all.

The media just bash - makes you proud to be British...

Share Price: 281.20Bid: 510.50Ask: 285.20Change: -155.60 (-35.62%)
Spread: -225.30 (-44.13%)

Mate (danl90) bailing is what fuels this behavior - I would not and am not selling.

Not that it makes a huge difference as shorting will drive the price beyond our actions

Bid: 400.00 Ask: 365.20

A very "natural spread"

These analysts are useless "so tell me the margin you are going to charge and if that margin is baked into next years £90m" they are schooled to read and multiply reported revenues, I really think they are fueling a lovely short here and this is not investors selling out.

I really wish I had more to put in!

They have confirmed SoftBank is on track, which shuts down those fears.

These analysts are killing me, who ends an investor question will "ok, cool"

Not one analyst asked a relevant question about the link with beauty / nutrition - I'm glad their employers pay them huge sums of money for those insights

Hi @Okehurst1 - can you explain "It's Softbanks MO"?

Thanks @Remit

Nice to see the media bashing as hard as they can, I'm sure that short interest is ramping up to try and support their agenda.

I wouldn't worry about the appetite for personalised Toblerone's too much, it's proof of concept stuff for me. But I bet it will be surprising just how many chocolate triangles go out the door ;)

Really looking forward to the event tomorrow, let all hope we get the insight we're after and the doubters get proven wrong!

WRT the properties, whilst people may not like the idea, I don't necessarily object to someone who created a behemoth stripping out a few assets ahead of listing. As we've seen, the business isn't valued well, why throw in something else to be glossed over. As Matt confirmed, he hasn't sold a single share and I like the takeover protection, so I feel like he is committed as any CEO can be.

I am not against a Chairman at all, but who do you get in? ....... looks like Nick Beighton is in need of a job, wouldn't that be an exciting one to announce tomorrow! Maybe I'm too hopeful on Monday seeing all this red again

This is classic, I did the maths on the RNS when it came out and thought £150k wasn't much....
Glad the Times are clueless, maybe they should go back to reporting on 'gleaming torso' which if it was a female CEO would have been lambasted as its completely irrelevant to the success (or not) of the business

Gavster-NBC
I have been posting on THG but elsewhere and saw this board actually had some activity vs the others so wanted to join the community. If I worked for the company I would have been saying buy when it was £8 and not at what I think will be the cheapest price we'll see.

I don't think its manipulation (I hope its not) I think it was bad timing and Matt p*ssed people off. The shareholders are largely institutions and he was telling them 'I'm unlocking your value' and they probably thought I'll go unlock it somewhere else..

Just my thoughts

Directors re-buying - good sign

Congrats, this is a steal.

WRT conflict of interest, I don't think we'll see that. Minority stakes are being listed, everything is still controlled centrally.

WRT bad deal for beauty / nutrition on Ingenuity - it just wouldn't make sense, why would you shaft your legacy enterprises to show that ingenuity is an expensive product? I think it will go the other way, Ingenuity should be the loss leader, its a 'tech startup' with supposedly a few billion coming its way to fund the growth cycle, it doesn't need to be profitable.

I think the Ingenuity valuation of $6b will also seem like a discount in 12 months, they really launched during COVID so the pipeline and infrastructure will start to shine through very soon. This won't be AMZN, SHOP, BABA tomorrow, but there is nothing in the UK like it and once our media stop bashing this non-London centric business investor sentiment will change.

We really aren't even discussing Nutrition, which is HUGE, MyProtein is growing organically and is a global brand already. I think the multiple on Nutrition should be 3x personally as it's near impossible to replicate what they have. That's another $6b.

Looking forward to cap market day to get more insight, but I really don't think Matt and Co are hype, I think they know exactly what they're doing and are pushing the envelope to get there. And probably p*ssing off banks and journalists whilst doing so.

@danl90 - very punchy on a day like today!
But looking at the industry https://rarebeautybrands.com/state-of-the-industry-3/ I can see a 4-5x revenue multiple on a good day.

Being pessimistic, the Beauty run rate we're using is £1.5b from below, on a 3x multiplier = £4.5b = $6b. Looking at comps, we have ULTA in the US which is over 3x, we have Revolution in London over 3x.

Depends what the split numbers show, if there is clear EBITDA it could be very interesting indeed.

The media don't like Matt or the ExCo, they don't like that a listed business is ran like a private shop. Ecom has been battered with Alibaba and investor confidence is dented with Evergrande.

THG Beauty will be valued >$6B (I'm hoping for a US listing, but maybe wishful thinking). Maybe SoftBank are dragging their heals but according to the press release they have already made many on their option, which to me suggests the $6.3B is still valid. Those two alone = $12B or £8B ish.

Today, any shareholder owns 100% of THG (Nutrition, Beauty, Ingenuity, OnDemand, the Rest) - if you don't feel confident that those combined are worth the current £4.30 ish share price, market cap £5.8B, I don't get it.

I wish I could throw more into this, but I can't, it's an amazing opportunity.

No matter how the biz are spun-off / split-out, you own the THG, the same as Matt and the ExCo, they have no incentive to dilute themselves without a strong strategic incentive to do so.

I say buy and hold, for a few years if you can. Also attend the cap markets call in a few weeks so we can all learn more. I could be very wrong, but if the FT were onside things would look very different right now.