Member Info for onsolidground

Back in earlier today as an income play.

Review at 255p

Volumes added about a Million since I first posted on this thread at 11:08a.m. when trading was only a trickle with 377k traded.

Ashley / Fraser Group algo in the background my guess.

At some point Jodie, his mother or other members of his family or Gary Neville taps Matt on the shoulder and point out the simple fact to him that if he calls it a day then he can have one of those big superyachts in the harbour in Monaco and a lifestyle far beyond even what he has now. No daily work routine whilst suffering from his illness. Effectively all play and they both get to philanthropically mastermind the work of the Foundation and all other just causes.

Matts not getting any younger and he already knows his shareholding is worth far more without him in situ, as he mentioned that exact point in the Times profile piece. Almost as if it's already cross his mind or been pointed out to him.

Then the big rewards come for all holders as up would pop the next Bid, in short order.

It's that blatant undervalue and probably the above knowledge that keeps me holding for the full prize here.

It looks like that old Peel Hunt addage of "Don't touch THG with a bargepole" seems to be prevailing what with little interest in the share and constantly dwindling volumes.

It all started right around the time of the Iain Mac episode at the turn of the year where the Board played lip service to shareholders and it swiftly reversed a trend and it simply hasn't recovered since. Peel Hunt report has added little other than a blip, Damian Saunders the CFO buying shares likewise, Beauty returning to growth same, and even the Ashley / Frasers Group tie up has done little. Imminent FTSE 250 inclusion - no advance interest either.

So right now THG just has the outward appearance that nobody seems interested any more. Has it been all the stunt comments to lift the share price then nothing (seperate listing in the not too distant future), door firmly closed on all and any bids, nobody interested in parting with good money for all that is apparently left - a minority partnership stake. Could it also be the constancy of banana skins (Nutrition revenue down 9% and the devaluation of the yen, the latest) or has it been the profile piece in the Times where Moulding claimed his "dogs got more shares"

Great though it is to see changes afoot with key personnel like the new chiefs at THG Ingenuity and the new CMO for Beauty. Perhaps the bigger opportunity was spurned.

The plus side is that all the traders that used to plague the bulletin board also seem to have also got bored and disappeared as have many long term investors / good posters it would seem who have departed for pastures new and where they can pick up dividends and benefit from their shares tracking indices and being near all time highs.

It's hard to see what see what will break the cycle and the Peel Hunt uttered "DTWAB" mindset but we live in hope that some day it might be realised.

Only 377k traded at time of posting.

I sincerely hope they do open the door to a US listing.

Here is 2 days in the orderly market that the FCA is meant to police regarding Ocado.

A Broker note issued by Bernstein issued on the eve of results - Down 13%.

Update issued today by Ocado - excellent numbers to be fair - Up 18% shortly after opening

8 million plus traded and it retreats to only 6% / 7% up.

Who in their right mind looking in would be even tempted to list a tech or growth company in what is nothing more than an unregulated casino of a market.

People should hang their heads in shame.

All imvho.

Personally I think its being held between 66p and 69p to fill an order from Mike Ashley although with the present volumes its taking it's time.

Focus hopefully shifts onto the UK's CPI figures tomorrow and what that might mean for what seems to be an eternity waiting for the first interest rate cut. (Unless I've got the dates wrong that is)

You're probably right tennents on it being Aberdeen and this might be the first signs of GB Energy structured works now the election is out the way. This plus the Hygen tie up I'm expecting to bring a steady conveyor belt of rleated news.

https://www.bpaberdeenhydrogenhub.com/latest/2024-07-15-green-light-for-aberdeen-hydrogen-hub-15-07-2024/

HKK I'd personally take that to mean that they probably are working on it.

It's being raised constantly and the larger shareholders will be wanting to see value on their investment.

For once.

Who on earth would list any technology company in the UK? and this has to in part be why so many of them are delisting, listing elsewhere and attracting bids from foreign rivals and Private Equity at a fraction of their true worth. Yesterday and todays event @ Ocado just show that this is more like a casino than an orderly market.

You won't see any inquiry launched and announced. Just yet another blind eye turned imvho.

Ocado has to be short odds to be one of the next to announce a relisting elsewhere.

Don't be surprised if you see a MM LInkedin post on the recent goings on with Ocado. He did comment on Darktrace.

Yesterdays events at Ocado on the eve of an update no two ways about it should be investigated. Absolutely scandalous.

Indeed,

That's number 4 in as many months just announced this morning

Shell Rheinland Capacity reservation / contract

https://www.h2-view.com/story/shell-reserves-100mw-of-itm-power-electrolyser-stacks-for-german-project/2103382.article/

Hygen partnership

https://sharecast.com/news/news-and-announcements/itm-power-inks-strategic-partnership-with-hygen--16668152.html

From a few days ago.

https://www.proactiveinvestors.co.uk/companies/news/1051385/itm-power-shares-boosted-by-new-contract-win-1051385.html

Then this mornings RNS fpr 8MW (4 x 2MW) of Neptune Units

https://www.lse.co.uk/rns/ITM/capacity-reservation-cm5c3yeglb8p89o.html

The share price is looking decidedly cheap and I intend to add on any dips as the future here is transforming right in front of everyone's eyes.

Can't wait for the next scheduled trading update.

Glad I picked some up again yesterday off a questionable broker note right on the eve of the results, and when the trend from the previous update semed contraray to all that was being said.

Bernstein should be investigated for yesterdays imvho stunt.

Take a look at Ocado. Scythed yesterday for 13% by a broker note off Berstein on the eve of its results stating it should consider going elsewhere.

Then one of its best updates thus far today and up nearly 18%.

You could not make this up.

ITM is now starting to look one very cheap share given this is now the fourth good contract in as many months and the oodles of cash that it has. These are big contracts and the publicity will fuel more and more. Election out the way and GB Energy policy seems to be sparking a raft of capacity reservations.

4 x 2 MW Neptune units this time.

These are big contract wins.

Looks like a City conspiracy on this one this morning. Was all sorted what was happening this morning before the market even opened this morning. Decide first, narrative second.

Definitely makes you wonder why Ocado remains listed on UK markets and doesn't head elsewhere where the technology companies attain far higher and truer valuations. Probably a decision that got a lot closer today.

https://www.thisismoney.co.uk/money/markets/article-13637199/MARKET-REPORT-Ocado-tumbles-10-bull-gives-hope.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.120031242.388875525.1720123848-725708652.1715810977&_gl=1*of422v*_ga*NzI1NzA4NjUyLjE3MTU4MTA5Nzc.*_ga_C9F47K6NW6*MTcyMTA3NzYwNS43OC4xLjE3MjEwNzkyNzIuMjQuMC40OTA1OTY2MjM.*_ga_GQE6MT7DLZ*MTcyMTA3NzYwNS4xNDIuMS4xNzIxMDc5MjcyLjAuMC4w

This will be a good deal for THG an particularly gioven the timing at the start of the school summer holidays.

But they may have to discount some of their snacks and bars slightly so that they can get included as an option in WH Smith's meal deals which loads of people buy prior to flying. Boots do the same.

I traversed an airport recently on holiday and several other protein brands such as Grenade had bars and snacks represented in the meal deal category.

Definitely good news.

Post election the Pound £ seems to be strengthening against a batch of currencies on the world stage. Dollar and Euros being two such currencies.

Does anybody out there happen to have any quick ready reckoner for how this impacts THG as a group whole for say

~ Whey imports

~ Currency translation of profit and loss of monies from outside the UK

~ The yen situation

Far more relevant than talking crap ita imvho. Pardon the pun.

Personally I thought it had had a good run as of Friday but the volatility in Ocado is beyond belief.

9% down - on what exactly?

More probably trying to buy for Mike Ashley / Frasers.

Would love to see the depth of the analysis and the working out given Peel Hunt's report.

There was a time in the past when these brokers ratings were used to good effect to nobble the share price. Now everybody is used to what goes on.