Member Info for onsolidground

Thanks Cong for the clarity. Will unfilter TH.

Apologies TH but your reply came just after my post hence the misunderstanding.

I'm invested here with a core holding and have been for probably 2 years longer than your posting history if it is me you are referring to. The long termers on here know that and I get my capital return on that money when it either gets sold or the next capital event happens. If not Matt Moulding knows that the share price is worth a lot more when he departs and that's when he gets his big boat. That doesn't stop me being totally dissatisfied with the present situation and seeing Kelso as an opportunity for change.

Also happy to buy some traders and trade them with the movements up and down if MM and Co can't deliver.

Concentrate on your own shareholding, the boiler room fudsters and talking about THG.

Into the Filter bin you go.

2 out, 2 in. Same paid to posts working in the same boiler room operation. All imvho.

This time delivering a pre-AGM drop right into the arms of Kelso so the valuation discrepancy between the present share price and previous bids just gets larger and larger.

Tactical selling or game playing ahead of the AGM?

Unless there is the realisation that algorythmic trading manipulates share prices and a will to do something about it, then every other effort will just be window dressing. If you have say 10 Million shares to sell or buy then lets see it put through as only the 1 trade rather than it being broken down into small 1000 pound trades to move the share price or keep it held whilst accumulating or selling. It is that combined Market access and the closing auctions that create all the smoke and mirrors. Why not also show everyone all the short positions that exist over 0.1% as opposed to 0.5% for the FCA get notified at that lower level and lower the level also for holdings RNS from 3% to the same level. Then transparently you can see who is batting both ways. The rules presently favour too much Hedge Funds and thats why II's are so threadbare on the UK stock market.

You never know what with election change coming and MM having facilitated one of Keir Starmers and his entourages previous stays in one of the Manchester Townhouses he might get the ear of Rachel Reeves for some proper City Reform.

I see another Bid approach out this morning - Bellway having made a conditional offer for Crest Nicholson.

Eventually THG gets another bid or we see change. Maybe assisted by any AGM outcomes. The most recent drop in the share price only serves to further highlight the poor performance and lack of strategic delivery to anywhere near two previous Bids and in a nutshell will probably sway more into the Kelso camp.

"What might be equally as telling though Yorek is if there is *large vote* against the Chairman and maybe some others.

24% voted against Iain Mac last year and without any Kelso stated intentions or OMVK either, Cookson also. Ultimately he then left the Board.

What might be equally as telling though Yorek is if there is against the Chairman and maybe some others.

Just as retail investors are getting frustrated so also must Institutional Investors. With markets having recently hit all time highs they also will be looking at the returns on their investments and the opportunity cost of what their money could have earned elsewhere.

You've either got a new short opened, increasing or somebody is selling down given the volume already and the low price might help to sway those institutions yet to cast their votes. The question is how much have they got and what is the motivation.

Its seems to be back to the THG of old with its previous volatility

How did you get on over on the Kelso Bulletin Board moniman.

I think its been about a month since I last checked over there as there is simply no need. Any one of the 4 investments they have could receive a bid or other corporate event, or so could they. Stock over there is also held in relatively few hands.

Excellent post Ihavenoclue and mirrors my thoughts exactly and quoting the most recent comment on the topic of seperate listing from Moulding himself and in the full paragraph from the #mydogshavegotmore comment. Please read it. Funny how Crafty posts ramptastic posts on US listings and anyone who tries to balance it is accused of spamming the board and they all clamber to try and have the post removed.

So there you have it a full retrace back to 68p and not one post off Ste2000, APH1 or GTC nor Polishcap and I certainly haven't posted for balance from yesterday either. Not that any of those posts matter clearly.

The share price is being played by somebody with deep pockets back and forth, probably Marshall Wace and of course your ramping day traders, or gamblers as MM likes to call them, are making money following it for 4% and 5% at a time following it.

It could even be Kelso dropping shares onto the market and selling their recent 1 million purchase and banking profit ahead of the AGM vote. I definitely don't think there is any love lost there after most recent comments and if it was them a) they would profit and b) they would put a bit more pressure on the share price on the run in to the AGM. That is me just thinking aloud. Whoever or whatever it started yesterday at 73p.

So maybe instead of calling everyone derampers and thinking they don't own shares read everything and keep a balanced view of it all rather than having rose tinted glasses.

I'm interested in my core holding gaining the 100p to 150p difference between the present share price and two previous bids in quick order given 2 years have passed and the present strategy is not working. Not one or two pence here or there although as is everyone's prerogative I will load up for a trade on top of my core holding if |I think the price gets appealing.

Shares also move up and down, markets move up and down and you can't have everyone thinking this will be FTSE250 bound and trackers will mop up the shares and that it won't thereafter follow the FTSE250 Index both up and down.

Crafty he won't be listing on Wall Street. How many times do I have to point out that he dismissed the idea just at the weekend in the same paragraph as the "my dogs have got more than them comment. In addition you try listing any company on any market that has gat falling revenue. 9% down at last report. Its fine discussing it but keep it real and balanced instead of spamming the Board with the same blurb all the time.

Moulding hardly travels to London as it is. He says exactly the same in the Times profile piece.

Core holding still intact for the big ticket when it is eventually realised that change is required and some nice traders taken off the table.

Read the articles.

"It feels like THG are waiting for the markets to understand or 'get' THG rather than going hell for leather to make that long list of value adding opportunities happen."

Correct

Whilst constantly damaging City relations by constantly sniping at it, demeaning shareholders and working in a silo in Manchester and not understanding that London is the key financial centre in the UK.

Change in mindset required and that's how we get the significant undervalue.

Too much *Not* happening and the present strategy is not delivering shareholder value. Couldn't be any more obvious.

That's to the present share price.

Manjana

Some have been waiting 2 years for the "significant undervalue" mentioned at the time of the 170p Belerion King Street bid.

Here we are at 70p and a list of reasons as long as your arm as to why that is and the most recent being a "my dogs got more" jibe at one of his own minority investors.

Glad I spied the dip yesterday.

It almost made it all back today.

TH sorry but I've just literally got back in the door and didn't even read your post so it wasn't me that got it deleted.

Moniman good luck over there. You never know you might get a response off Matt Moulding but your probably more likely to either not to get any response or antagonise a few into posting @THG. Let us know what response you get.

Or here is another one The Hermit,

https://www.thebusinessdesk.com/northwest/news/2134440-moulding-angers-thg-investors-with-dogs-jibe

There are also many stories also now appearing on the OMVK statement, particularly in the retail press.

dyor

Crafty if you read the full paragraph including the "my dogs got more" comment it doesn't look like Nutrition / MyProtein will be going across the pond any time soon so please stop ramping it. It is embarassing.

He dismisses the idea in that paragraph. Read it.

Furthermore he also points out that he barely ever travels to London so what chance New York. All understandably so.

The same profile article also seems to be highlighting that he doesn't have enough present wealth to take it private due to the poor share price performance since IPO.

That is how I read it.

Maybe it's just me but I expected a bit more of an update on the strategic Review of the Transitional Power business.

Here's your evidence TheHermit its on the Kelso Linkedin page.

"The Board of Kelso noted the profile article in the Saturday Times Magazine on the THG CEO (read article below). In it, he compared small minority shareholders to his dogs:

‘Activist investors have suggested that he sell off the nutrition arm of the business. He is dismissive of the suggestion from the small group of investors. “My dogs have got more shares and you’ve met them.”’

We would encourage shareholders to read the article.

Assuming Kelso is the activist being referred to, we have always stated THG should look to demerge the three businesses and sell off majority or minority portions of each ideally to strategic investors, as mentioned in our RNS from December 2023: https://lnkd.in/e7cxxiga

The Board of Kelso has concluded change is needed at THG and will be voting against the Chairman at the upcoming THG AGM on 24th June 2024."

You did ask.