Member Info for Okehurst1

We had £20M losses last year from On Demand

As Moody says they advised back in January it was getting restructured

Give or take £9M of the losses wiped out

We can see why MM looks a bit down
He can’t do a smiley face laying staff off

Goodtime …

Non cash

More tax losses to use

Canary, agree

THG lost £20M last year on this Division

Always sad to see people lose their jobs but it’s the way it is

Right decision

Manc, the GS will expire

Sparta et al will show their hand when timing is right

At least we are on track for the accounts to be distributed

Hi Monty

14th April last year

Nowt we say makes a difference of course

MWhelsh coined it with the Big Dogs are fighting this one out

Slightly different now Ste
We have at least 2 professional buyers possibly a 3rd picking up the slack
They will take everything, the cheaper the Shorts double down it’s win win for them

Sparta and Kelso have a game plan
Whilst not a concert party they are in tune together

Stay chilled and it will play out

Fair comment Canary

It’s at least 2 buyers

One particular broker is buying in patterns ,picking up large tranches then steps back
- working with their chosen MM

Kelso buying through another Broker

Guess it’s LinkedIn or Insta to find out officially about this contract ?

Sparta are well on their way to 42M shares

Don’t worry Steve

MWelsh, 100%

I look at it another way

Intangible capex has been slashed - not worth going into the savings the Tech industry are making on a global scale- they realise they don’t need the volume of full stack developers, no one does

Blue collar employee roles are being replaced by automation - they told us 2000 jobs would go, we lost a load last year as part of the £100M saving, they told us £30M this year but they have indicated to brokers before closed period they have found even more savings

White collar, these jobs are not being replaced.

THG generates good EBITA cash relevant to its £m/cap, the market wants to see FCF, it will get FCF Q1

Wonder if it’s an RNS or LinkedIn tomorrow?

Yeah nice research Dafad :-)