Member Info for onsolidground

Why?

Just look what it's done to Ingenuity. X 3 multiple.

It's quite clear from the APN comparison earlier that the Sum of Parts is nowhere near being reflected.

Matched bargain for example takes out the short and distort.

I'll bet plenty would jump into Nutrition if it was to be the one and the option was there.

Believed serious OCD cbi but factcheck against the Sunday Times profile piece as ADHD and Autism may also have been suggested. He chooses not to travel for business purposes to maintain as best as he can a daily routine and helping him to manage his condition.

Years of for want of better words "City targeting" and "shorting" can't have been good for his stress levels and his longer term mindfulness and wellbeing.

Like I said "No point being the richest man in the graveyard".

Thats why I think the £55M or £60M recently invested could be his exit ticket on sustained numbers and share price improvement or on next approach. Buys his yacht and sails off into the sunset imo.

Maybe so, but I'm personally more inclined to believe that with his latest substantial £55M investment and Ingenuity having bagged Google onboard and 3 bagging, that his gaze will switch to improving THG (Remainco) performance numbers further and making substantial return again for himself.

Thats me done for today.

I suspect cbi his timeframe for a return is somewhat shorter than 10 years given one of his last linkedin posts was where a crowd of them heading to the Abu Dhabi Grand Prix, and he alluded to a much needed break due to burnout. Don't forget he has also shared his medical condition previously also, and he like us he isn't getting any younger.

Furthermore he knows and openly stated in his Sunday Times supplement Profile piece that he knows the share price is worth far more without him at the helm. No point being the richest man in the graveyard, and that ejector seat button is always there to realise what would now be substantial returns with his exit.

However in the interim, the company is back growing and expanding from 45k retail doors to 100,000 and in the meantime there are many near term catalysts that can help it recover further. The Japanese Yen being the most current. European chilled and ambient food partner shortly, Vat refund of £55m also in the background, Ukraine war possibly also nearing an end.

I see that completely unforeseen and out the blue, SFOR, Martin Sorrels S4 Capital advertising congomerate, just announced improvement against revised guidance and a surprise 1p final dividend - and the immediate response was + 40% gain this morning. Some here hold, hence I mentioned it, as it just shows what can happen in a flash - if you wish.

His £55M investment and not wishing to lose will be the guide on future direction, hence I'm philospohical. Spent too much time on here today. GL whatever route you choose and I wish you well.

Cbi,

just to add a 7th.

Seventhly and also probably in his defence, hasn't Matt Moulding just invested £55Million of his own money into the refinancing and prospects of THG (Remainco). That's on top of what he already holds. Presumably he wants to make a significant return on that investment. Just as he has done with his investment in THG Ingenuity.

GL.

Good luck with the revolt.

Firstly you have to be a holder of shares to even consider any of these routes. Most vocal posts on here either don't have any shares imo or are simply traders looking for cheaper shares. So you will get limited "Actual" support in your quest.

Secondly refer back to the AGM voting for how many were still voting in favour of the Board. Add in Frasers Group / Sports Direct as a new significant holder / partner also. You would imvho need one of the large II's to initiate or back things.

Thirdly Harcus Parker or the like may handle your claim on a No Win No Fee basis, but be aware that if you were to Win (and it would be years down the line) they would take circa 40% of any WIN. No Win No Fee means just that. WIN and there is a FEE. No such thing as a free lunch. Lose though and you wouldn't have to foot THG's bill. That's why they scan rigorously first.

Fourthly I think it would be hard to prove on a long term investment basis, when those who elected to switch part of their THG holding into THG Ingenuity have multiplied their Ingenuity holding by a value multiple of X 3 and crucially for any defence - ALL having been given the Option.

Fifthly and furthermore the Claremont Ingredients sale price highlights just how undervalued the share price is on a Sum of Parts basis. Same with the Selkirk offer for THG Nutrition alone, opportunistic though that was.

Sixthly, forget the FCA route, as language semantics would probably win the day. A company may state the remainder of the company would be profitable and capable of paying dividends. That differs from whether they actually decide to do. In an Ideal world everything stays the same, but circumstances change. Like the Yen (but now possibly reversing). Like VAT appeals, Like Whey prices. In any case if you believe stanleyb, he has been reporting it to all to the FCA at every cut and turn.

I'm not defending any decison making as I personally think it was questionable up until: the demerger, the sale of Claremont, the Refinancing and the paying down debt.

But each makes their own decisions in life, and there have also been plenty step off points in between at the press of a button, or trading opportunities.

Last can I just say if anyone was going down that route would you really wish to publishing anything on a public and probably monitored bulletin board.

Good luck.

Several outlets are carrying updates on the Yen starting to surge on the hint of intervention. Bloomberg, FT etc

"The yen surged to a two-month high against the US dollar on Monday, sparking speculation that Japanese authorities were intervening directly in the market to support the currency."

Turn the headwinds into tailwinds and then you can read the direction of travel into the next Update whilst awaiting other relevant news like the Q1 2026 European chilled and ambient food partner, Vat update, Sale of parts. Game playing with the share price then presents opportunity.

Keep a watching brief on the Yen this week imvho.

THG, a direct beneficiary if the Yen atrengthens further, or there is intervention, by Japanese or with US assistance. Yellow card being shown to the speculators and probably advance notice of a Red card coming.

https://seekingalpha.com/news/4542290-japans-yen-grabs-attention-as-traders-await-possible-intervention

Worth monitoring closely re any Japanese Authorities / Central Bank intervention.

Bit of a swift turnround in the currency today after Japanese Finance Minister comments and some think positioning prior.

Dyor

Thanks for the congrats Rizzel. Didn't even notice it. Probably should be well north of 15k posts off my watchlist and ones I hold and don't post on. THG is about it these days in terms of comments and on a jpt (just passing through) basis.

GL with your investments.

Hype, nobody will ever know the KPI's that the LTIP were linked to as they rarely publish them, and some individuals KPI's may have been linked to ESG and say tree planting as opposed to those creating shareholder value.

A look at the chart though shows that just about the time the LTIP options were granted in 2022 the share price had fallen off a cliff from 700p and was sat somewhere between 200p and 100p approx. So the LTIP was probably implemented to incentivise and to get the share price back up. It hasn't and now that they have the physical shares in hand, rather than realising between 100p and 200p and higher, they are now worth a salutory 42p.

Great if you are averaging down from a holding at a higher level but given the dismal share price the recipients haven't got what they thought they would be getting value wise and if the want those levels again then the hard reality is that it has to be earned.

Yes probably undeserving as the KPI's that decided clearly haven't been linked to the share price but I suppose you have to look on the bright side as it could have been considerably more (maybe even double) if those previously employed by THG (Gallemore, Vivek, Ian Mac, Crane and all the THG Ingenuity Execs) had continuity of employments conditions built into their LTIP's.

More chance also of the recipients holding at this low share price, and incentivised, now they have owenership of physical shares.

Might even get a nice special dividend on them all when the £55M and counting VAT Refund lands imo

Given the passage of time it would appear someone wishes to keep those 4 share deals anonymous.

3 days tops normally to notify if you cross a holdings threshold, not including weekends etc.

And investor95 don't forget that we know an announcement on this one below is coming.

Start banking say 20p to 30p profit on a pack on some of the millions of sandwiches and salads sold each day for lunches and with your Meal Deals in all supermakets from Tesco, Sainsburys through to M&S and Waitrose, pop protein bars, shakes alongside them and add in say your transport hubs of train stations, motorway services, airport arrival and departure lounges and possibly in flight, and the Revenue would soon ratchet up.

"Q1 2026 launch of a multi-year deal to license out the Myprotein brand to a European leader in chilled and ambient food-to-go, sandwiches and salads, sold through major supermarkets, convenience shops, and food service outlets across the UK & Ireland."

Results day presentation several think undersold the company. £55M VAT Refund, Further Potential Asset sales, Retails door expansion, Partnership news no updates were included or asked after and I'd suggest are probably not even factored in at 42p.

Much wider appeal than Greggs imo.

From the September results

"Q1 2026 launch of a multi-year deal to license out the Myprotein brand to a European leader in chilled and ambient food-to-go, sandwiches and salads, sold through major supermarkets, convenience shops, and food service outlets across the UK & Ireland.

Seen some tangible developments on this on my travels in recent weeks and leading me to think I know who.

GL all

Always welcome to sell up the shares you have, real or pretend...

Darth - It was never 44.74 to sell - ALL DAY and you certainly wouldn't have got 44.74 quoted for any of those large 4 trades.

See Futurehire's post on Friday evening on this thread I believe kindly sharing Level 2 insight, after the fact.

Hope they open it at 42.84 tomorrow morning given what we know now.

GL

Incidentally there wasn't any noticeable rise into the results and here's what I think was a fairly representative press article from the 13th and what was thought of the price movement just after.

And by the way there were no adverse broker recommendations. In fact to the contrary Jefferies increased their Target Price from 55p to 60p and Peel Hunt Reiterated their previous stance at 80p. JPMorgan awaited and is presently 55p (Dec 3rd).

https://www.retailgazette.co.uk/blog/2026/01/thg-q4-trading-update/

Https://businesscloud.co.uk/opinion/why-did-thgs-share-price-fall-9-after-positive-trading-update/

Flash crashed on results day, against a good update and against the initial momentum to 52p with through maybe a 5, 6 or 7 million shares quick sell of the 21.6M traded on the day. Maybe another Million or two further sold over the next few days 11M and 5.6M keeping a lid on it, whilst seeing what you can collect back along the way. Classic hallmarks of a short attack and imv ciminsal enterprise with Loads of PI's mugged and stops triggered. But blind eye, nobody interested in what has just gone on. Nothing to see... Move along.... There you go...

Then a gigantic 22,390,000 scoop up appears, put through after market hours. Equivalent to between 10 and 20 times normal daily trading volume prior to results. Probably covering all short sold in the flash crash and a chunk more for the way back up. Absolute credit to the FCA's supposed "market surveillance" mechanisms. Longer term though more damage and tarnish to the reputation of the LSE and FTSE250 and a few more companies less likely to list in the UK or considering transfering their listings to the US.

Just my experience over many years is that when there are obvious shenanigans is that it always seems to be worth waiting and watching for the "big one" (or in this case 4) to appear.

I wonder if all will get the chance to top up at 42.84p on Monday at opening (or cheaper) or will it be closer to 44.74p?