Member Info for onsolidground

Nice to see Beauty has continued to grow and Ingenuity improving albeit off much smaller numbers but wtf is going on @ Nutrition. The last quarters falls have accelerated.

So despite a move into bricks and mortar retail and partnership placements with retailers and improvement in the Yen and presumably a production shift to Japan to countenance the headwinds the Nutrition revenue falls have increased further to 10.9%.

Time to face reality - too much readily available competition and at much cheaper prices has to be the cause. Nothing stopping anyone manufacturing a protein bar, snack or drink.

"Special dividend could be worth 50p alone depending on the shape and structure of the demerger."

Term loan B might say otherwise?

dyor

Crafty I'm super pleased but we have been here many times before time and time again and it appears to be yet another fed story on the night before results. Probably to mask underperformance somewhere. If not then Brill.

How much money though has been sp #nked away on this underperforming unit, capex spending after capex spending on top of capex spending, and on a unit that gets very little publicity and which is still waiting for a first proper whale account about 3 years after declaring that was the goal. Its been one very expensive folly.

Commitment to a plan, rather than "mulling options" is what is actually needed.

Just a couple of other thoughts that spring to mind.

Many have waited yonks for a premium listing update and now at the time they should be announcing something on that up pops this latest thinking.

Manc, one for you. Might this announcement be coincidental with that outstanding Term Loan B?

Lets ultimately see what gets printed in RNS and as importantly what actually gets stated at the analysts meeting, and by whom.

Alarm set for 7a.m.

Interesting.

Looks like it might be another stunt comment to mask mediocre results. Par for the course with THG. We get used to these; Giving up the golden share, should never have listed in the UK, taking private, previously doing the splits, Apollo bids.

Not interested in "mulling" this and "mulling" that. People will take notice when you DO IT.

Lets see what gets publicly printed and stated.

Happy to just keep adding on the dips.

Company transforming in front of everyones eyes. 100 plus orders in negotiation, CEO saying it is the fastest growth in order book he has ever seen in all his career to date, Regulatory environments in key markets turning firmly in favour, Tier 1 customers onboarding, Sinopec just having visited also and all underpinned by a significant amount of cash on the balance sheet.

Bid candidate if ever I saw one.

It's what business is all about. Happy to settle realistically for the same again given the present working environment.

From the last interims update

"During the period, we deployed cash to increase production and preserve the integrity of our assets. Nevertheless, despite adding volume and lowering our controllable unit costs, we must accept that we are operating in an environment where lower iron ore prices and significantly higher electricity prices put pressure on our margins. It is therefore pleasing to note that we were able to end the period with a modest increase in our net cash position.

For the remainder of the year, we will focus on optimising current production levels. We remain hopeful that domestic electricity supply will improve during the third quarter when power plants that were shut for maintenance come back on-line."

Multiple placements and heading the right way and more to come so that'll do for me.

Well what I have is locked in but nowhere near what I have previously held as there have been too many false dawns , lack of delivery and the complete disdain towards genuine retail PI shareholders, many of whom are also customers.

Expecting Nutrition still to be negative. Longest rebrand in history still being blamed and cancelling out only £50M of shareholder money spent to try and retain customers. Growth in bricks and mortar retail but a steady decline in online (which supports Ingenuity). One cannibilising the other. Still, all the right decisions being made of course.

Beauty, expecting the same as previous at best but I'm cautious on this given how the likes of Burberry and other luxury brands have been reporting subdued demand and results.

Ingenuity for me still not capitalising on opportunity and lacking those whales.

More importantly will be the future direction in terms of strategy and I'll be focusing on the analyst presentation and whether or not its a one man show or not with limited others contributing. The market isn't interested in any further stunt comments and has seen through most sad previously. I'm also interested in Kelso's what if anything Kelso have to say.

Seamanp911

Looks like your post prompted a response with some multiple contract announcement. The online B2B one stands out and more to come by the looks of it.

https://www.lse.co.uk/rns/SALT/multiple-placements-of-products-and-b2b-progress-t7h1mvvn6edurjp.html

Definite suppression going on for sure.

The trading side of this share has been making good returns between 57p and 64p.

Whilst any greatly diminished Long term holding has seen dismal returns.

Not long to wait to see if we start to get some share price mover news for to be fair its been completely non existent for too long and MM and co have just not not been interested in multiple valid suggestions.

My gut wants to think surely this time it has to be different. But then this is THG and its a law unto itself and it'll all be down to how the price gets played on the day.

Any particular reason?

I can't find any.

Nice rise today.

Looks like shorts have been alighting over the last few days and weeks with probably one of the last dropping below the reporting threshold yesterday.

Its a repetitive pattern in that they alight prior to any update so as not to carry any risk into the results. They then digest what's said and plot their next moves.

I see Warpaint also reports on the same date.

Shorters dragging it down to pick up stock, close and exit prior to the next update and with the potential for interest rate cuts also on the imminent horizon.

Markets have been good yet this has been noticeably retracing.

Not complaining mind you.

What's everyone elses thoughts?

Above 3% for disclosure and you'll need to wait for T+2 I suspect plus on average up to 3 days later to report but only if they have crossed the threshold.

Yes the instant profit may be appealing to some but hopefully others bought with a longer time frame in mind.

Its probably more likely dafad that we will be looking into buying the Loreal stake from Nestle.

We prefer buying other businesses or selling loss making ones rather than doing anything that might remotely be perceived as having a positive effect on the share price. (Share buy backs, More RNS like RNS Reach instead of a ranting Linkedin post for the Muller partnership, Premium category listing etc) 95% of all constructive criticism noted and binned. Whereas I respect anyone with issues is it any wonder though that we then feel maxxed and have to withdraw into our own support bubble.

In any other industry the share price falls and wealth destruction would have led to major change at the top. Astonishingly @THG 95% voted for more of the same.

Sorry to rant but I'm looking at a declining share price and 57p.

A freebie snippet for you.

"Carl Cowling, Group CEO commented:

"We have ended the financial year in a strong position, delivering a performance in line with our expectations with good growth across our Travel businesses. Our UK division performed particularly well over the peak summer trading period."

Poor outcome for sure in this mornings RNS and just goes to reiterate how uncertain drilling can be.

The thread title though seems a bit harsh as the BoD as they do seem well intentioned and its probably more to do with being out of favour in the City and being listed on UK markets and Aim. Probably another candidate for delisting to join the multitude of others that have done the same.

Happy to second that sentiment. Strong set of results particularly on the Uk side.

Strange volume games this morning.

Have they just pushed the full placing shares through as a trade then add in some reaction trading. (Some 51 M traded thus far) and have they done it as the Buy or as the Sell? If so then I suppose the further question is do they have the other side still to push through to balance the trade?

In any case whoever bought the placing shares got themselves a bargain

Costain presumably if still in buy back mode can scoop some cheaper shares up themselves bit by bit.