Member Info for Okehurst1

Looking forward to see who is up for re selection to vote off

Is it the Candyman ?

Him and the other joker Iain Mc, tag team of non bids

Hi Ste

My average is low( ish) but no one who is long is in the money it’s just fact that we didn’t get the full detail in the demerger docs and the upcoming £60M CLN etc

If Moulding and the GLA lose their seats THG value will recover, there is a business here, but based on his track record there is no turnaround with him at the wheel

We need him out

Agree but nicking what he did and leaving the debt behind then doing a video to take the P must have been the last straw?

He’s made them all look stupid, this is their one last chance to get rid of him, they miss this one there is no way back

They just can’t be that dumb ? Surely?

Point being

Moulding has to pull a rabbit out of the hat, he can’t risk losing the AGM vote

101, you could be right but we know many of the larger investors didn’t back him on Ingenuity

He’s down to 9% equity on his THG shares

He needs the mass investors to agree to give him control which will probably finish off whatever shareholder value is left as he will just cream the bunce off THG to Ingenuity forever if he wins the vote

The share price is down 97% under his watch, he’s nicked the assets he wanted, left £400M of debt, he makes videos laughing at his shareholders as he does it, we know the large holders in THG have been made to look stupid but they can’t be that dumb surely ?

I am not making this stuff up it’s all happened

Who would vote for Moulding the dodgy GLA and give MM control of the company ? Seriously?

That’s the point though 100, he might believe in Ingenuity but no one many do and it’s not correct that THG shareholders should fund him / his 50% equity in a failing private business

There is a fair chance he gets kicked at the AGM and loses the vote on his £60M CLN

Let’s see how that goes for him

VC

It’s quite remarkable

Moulding expects THG a to fund Ingenuity, which is a failed business model, to infinity and beyond

THG as a company can’t even explore how to unravel its self from the £360M it hands to Moulding because he is both the CEO of Ingenuity a private company and CEO of THG

He negotiates with himself over £360,000,000 a year !!

It’s £3.6Billion over 10 years

You couldn’t make this stuff up

The mass Shareholders will vote against him, the dodgy GLA and the £60M CLN

Mover,

There is definitely a business here but as FTSE 250 company Moulding and the BoD are an embarrassment to the London market

Moulding himself is a disgrace as a CEO of a public company, the list is so long of his misrepresentations, the Oasis video being the last straw, that was icing on the cake disrespectful of a market that gave him £2B just a few ago that he squandered

The Company should have informed the market that it would write off £70M of stock, Moulding would take the profitable assets the company had bought for himself for free ,notably the health club, that in itself could have been sold and he would leave behind the £14M loss of the empty hotel, that’s just scratching the surface

We now have the £60M CLN which will give him control of THG alongside 50% of Ingenuity

He will feel the pressure when he gets voted off the BoD by the shareholders who also vote against the CLN

He has to go alongside the dodgy GLA

THG wouid get charged rent by Moulding to house the Rev B stock

THG would fund the stock

Ingenuity top slice 20% of the £148M RevB sales ££ THG gain

Moulding nicks another £28M a year off THG

Moulding has spent £2B of other people’s money and added £400M of debt to create a company worth £300M and has a 97% fall in its share price

It’s a gravy train for him but as always investors lose their shirt with everything he touches

Ashley owns 30% of Boo who own 30% of Rev B

We can guess who will have first Dib’s buying the stock / brands / web site off the administrator ?

Ashley will know what the stock is worth, he knows the bank will want £32M max, guess it’s who pays the Bank the most and what if any haircut they will take

MM has so much on his plate as the defacto CEO of 4 companies last thing THG shareholders need is wasting more money / time on Rev B, Moulding doesn’t have a good track record making money for shareholders buying companies, although he could nick another £28M off THG ( 20% of Rev B revenue via THG ) for the vanity project of ingenuity so I guess he would make $$ that way at THG expense

MM has to pull a rabbit out of hat before AGM or he risks being voted down, he’s well exposed with just 9% alongsidw Ingenuity whales / employees, the pack of cards could collapse here .

We can guess the rest of the holders outside MA will vote him and the dodge Chair out if he’s up for re selection and same again his £60M CLN

We have no idea regarding MA, which way he will go

There is a business here if shareholders can change the BoD but Moulding is a crafty control freak he may well spring a surprise to head that off

Facts speak for themselves

MM has enjoyed almost £2B of cash to invest in THG since 2020 and squandered a good chunk by paying top dollar for assets he has also added £210M if net debt

He has overseen a 97% reduction of the share price and bit the hand of the City that facilitated him enjoying the £2B

Come on he’s an unmitigated failure as a CEO of a public company and a liability to the business, he fails time after time

Spot on Cheshire Lad

We do have one chance, have tue large holders hadvenough of him and he can’t get the £60M of shares through plus just maybe he gets voted off the BoD with the inept GLA

It’s not an impossibility, he has a call on just 9% and the ingenuity crew /employee trust

Would be comedy if the above happened plus the share price goes up it’s a win win

True but MM is on the ropes and he can only call on 9% personally as it stands today, he’s well exposed if the large holders turn on him same the useless Chairman

MA could do a Boo and put himself up for selection, he’s got the 10% to do that, imagine the control freak Moulding dealing with that scenario, his pack of cards collapses

He can’t risk that

It’s why Moulding has not been gloating on linked in and refrained from more Oasis / Kong style videos, it’s unlike the nutcase

He’s on very thin (9%) ice

That’s why in my personal view he needs to do a deal before the AGM and that deal includes MA

Not quite correct, your missing the point

AGM coming up, that’s an opportunity

MM only has 9% equity today ?

Shareholders are not happy, one chance for holders to vote to stop MM

Vote down the CLN

Vote off the Directors up for re-election

Just maybe the large holders outside the MM Circle will vote him off and we still don’t really know where MA stands in all this, will he show his hand ?

MM getting kicked off the BoD is real opportunity, if he wins, keeps his seat and the CLN is agreed then he has control

MM has destroyed shareholder value but we still have the odd fan boy saying he’s still doing a great job for investors

Has there ever been a CEO who had lost 97% of shareholders value and kept their job and same time taking £360M a year to his 50% owned private company?

NED’s need to do their job, THG directors are disgracing the London Stock Market, it’s not too late to rectify the situation

OSG, nailed it