Member Info for onsolidground

Crafty you just set yourself up for comments and I've been trying hard not to reply but this one!!

"Is it the company's fault that the market is not reflecting this?

Maybe in fact the company itself and present individuals have something to do with it?

Were they not advised to publish strategy, consider share buybacks, premium list and consider seperate listing for MP ages ago, and to RNS more often. Who then has been responsible on deciding on virtually none of these happening. 95% of all advice getting binned comment on top.

You tell me who caused a fall from 89p / 90p to 55p by deciding to completely disregard shareholder discontent at Iain Mac's role within the company right at the start of the year. Then Iain Mac decides to step down in any case and gets given another role within the company.

You tell me who stated one of the divisions might be USA bound "in the not too distant" after a Telegraph article pre results... or other similar MBO or delisting comments - and then Nothing.

Who's decision is it not to publish Bid prices, so even despite genuine bids, the share price never gets near to where it should.

You tell me who has in part created the mindset in the City of "Don't touch THG with a bargepole" probably with constant sniping.

£50 Million spent on retaining custom then a Rebrand which now seems to be partly to blame for losing custom.

MyProtein Kitchen - where's the mass rollout.

I could go on and on and on.

I suspect given you post intensely and then disappear that you are merely trying to trade this so actually probably have no interest in AGM voting, whereas other LTH's who are not seeing what should actually be a healthy return on their investment will be voting.

Let me just remind you that most other shares are trending at all time highs and so are UK and US markets, yet THG is nowhere near previous bids and at 75p is 20% less than it actually started the year at.

Yiab its been over 2 years since the Belerion / King Street Bid of 175p and over 1 year on from the Apollo bid valuing THG Ingenuity alone at significantly higher than probably the present sp. No doubting its grossly undervalued and Peel Hunt have recently also pointed out that undervalue - but we are nowhere near fair value.

So how long are I, you and others prepared to give it when in the interim, apparently recession proof businesses, and the BoD's strategy are not delivering as they should on the THG share price and other companies share prices and stock markets are trending at all time highs. Are you seriously happy with the present share price, last £30Million pound incentive shares dish out with the share price so low, a non existent IR department for a supposed FTSE 250 elect company etc, etc, etc.

Who for instance spends £50M on keeping prices low to retain customers and then on the other foot decides to "Rebrand" THG Nutrition and which is now in part of the reason for a 9% drop in Nutrition revenues.

A complete change in mindset or fresh blood at the very top with new ideas is needed and one also with an emphasis on delivering shareholder value. Other Chairs, CEO's or COO's would by now have fallen on their own swords, stepped aside and moved on imvho.

I've made my sentiments known and the way I shall be voting come AGM so I'll leave it at that and get on with following the rest of my portfolio and revisiting only on decent and semi-decent news.

GL all.

Correct Cong, Apollo wanted controlling equity interests in both Beauty and Nutrition and from memory existing shareholders could rollover into the new venture and CEO was being retained and incentivised.

Forgive me for saying it but taking a controlling equity interest is actually what you are paying good money for in any takeover.

The present BoD didn't want to relinquish "control" that is what it boils down to, so here we sit in the meantime with an undervalued and depressed share price probably 1/3 to 1/4 of what it could readily have been and waiting for somebody to stump up hundreds of millions / billions for a non controlling partnership interest. Can you honestly see that happening.

Time for a complete change of mindset and a focus on delivering shareholder value.

And one year on (2 years since the Belerion King Street bid at 175p), so "significantly undervalued" and here we are at 74 / 75p.

Perhaps the "fast money" 35% should all get together Crafty and form a syndicate with greater than 10% then they can have a greater say.

No doubts about it THG is grossly undervalued but where has been the strategy to deliver shareholder value and where has been the delivery of an increase in shareholder value towards anywhere near those bid prices.

£15 Million spent on a seperation agenda and here we still are on the LSE.

90p to 55p after the Iain Mac debacle

£30Mill in shares created and dished and seemingly unlinked to share price KPI's

How much spent on Ingenuity chasing whales - and still none.

£50 Mill spent on keeping prices low for customer retention. Yet Nutrition revenues down 9%.

I can go on and on.

The fact is that it's alright rejecting bids if you are as they say "significantly undervalued" but you as a BoD have to have a plan to deliver shareholder value and get somewhere near the value that you are rejecting. Remember both UK and US markets btw are at all time highs.

It would be interesting to see if the approach would be different now if up popped Apollo or another Private Equity ensemble with another bid.

Again with Keyword Studios - a publicly quoted offer price - and a share price rise to not far off that offer price. Something that for some unknown reason we don't seem to want to do.

Rant over for the day and I shall be voting for change at the top come AGM.

Well this mornings news seems to be a bid for Keyword Studios by EQT of Sweden

It comes after 4 unsolicited offers from them in recent weeks, so this is the 5th and a significant improvement on previous bids and likely to be recommended.

Not a #NoThanks Linkedin post and door shut promptly in their face like THG did with Apollo.

How many bids is that in recent weeks for UK companies?

Just catching up after a few days away.

Welcoming though the recent rise has been for what I still hold it will be an interesting next 5 weeks and the present BoD need to pull a rabbit out of the hat and get the share price up significantly and pronto for despite 2 years of the present BoD's 'strategy' it is roughly 100p under the lowest of 4 bids (2 public and 2 for Nutrition). Hopefully they are USA bound with their listing and newsflow and rumour continues.

But as things stand I'll be voting against the re-election of the Chairman for his invisibility and ultimately he carries the can for where we are and also against the CEO and John Gallemore as I think new blood is needed at the top to deliver a strategy that focuses on delivering real shareholder value. 2 years has been a sufficient amount of time and for me too much has not being done that could easily have been done and with a higher resulting share price. Markets incidentally are at all time highs and previous rejected bids "significantly undervaluing" THG. THG sat at 74p.

Virtually all Directors are up for re-election so make sure you get your ability to vote sorted out and make it count. A chance also for those that can to attend the AGM to do so and get their questions answered.

It'll be interesting to see what approach Kelso adopt on the run in. They've been extremely quiet since last penning a letter the BoD asking for a strategic update and a shareholder vote on the direction they the shareholders would like the board to adopt moving forwards.

Https://ir.design-portfolio.co.uk/viewer/95/63649

Its interesting that the FT and the unions are jumping ahead.

The most immediate aspect here is will Daniel Kretinsky table a formal bid matching what Royal Mail have disclosed.

Its a two way bet. Either he will or he won't.

If so its 370p for a little bit of patience.

His over 27% stake and the approach for me says he will and then thereafter it is for him to run his business profitably and strikes would not factor into that.

Those results are far better than the sp reaction imvho

Showed a bit of strengthening late afternoon spk and to be fair it has lagged a market that has been hitting successive highs for days and now into weeks. I don't normally like to tempt fate but its about due its own catchup.

Since it only seems to be me posting sit back and keep quiet.

First Bids are normally low and virtually always get improved upon.

Well done all who popped some money in and stayed the course.

Now upped to 370p per share with fully published terms just RNS'd at 2p.m.

Probably has a fair chance of succeeding with that.

Oh to have published First Bids with Takeover Code rules and deadlines applying. Its been a serious hindrance to the share price here with MM and the present BoD.

If it gets as low as 5p over the next few days then I'll maybe buy some more to average down.

Lets see where it lands when the dust settles.

Valid question?

Do they proceed to the next drill site for a back to back drill or does the Rig go to Predator?

Now caught the RNS .

Just at the point it looked like it was going to move up, some entity seems to be selling stock.

Either there are some seriously corrupt goings on with this share price as it is worth far more than this. Or somebody has the inside track.

Wierdest day of trades on here for a very long while and somebody needs to seriously be taking a look at it.

Sangijuelas you are better off trading this one as it presents easy money and imvho its easy to see when to buy in and sell. Currently it's in retrace mode.

Just imvho.

Well I hope everyone took advantage of the dip.

Dafad I went to Iceland at the weekend for both the hotdogs and burgers to give them a try and there were neither on display and found that sadly they have reduced the Iceland offering from two freezers of choice down to just the one. That might also explain why the reduced online offering I pointed out previously. Neither have I been able to find those ice-cream lollies either. They need to be careful that they are delivering in store what is on the tin or up steps someone with one of those dubious reports.

If only City Spy had the same following that "Roaring Kitty" has for Gamestop and AMC in the US. Phenomenal gains over there amidst short squeeze covering with Gamestop at one point recently having 24% of their shares hekd short.

Some material on those new product launches referred to in the last post.

Skin Silk Serum Foundation - launched in both the UK and US and it looks like the new President North America has been getting some backing. National Account Manager was also advertised and Amazon being one of the key responsibilities.

https://www.linkedin.com/posts/revolutionbeauty_revolutionevent-event-prevent-activity-7178412743639605248-TaUK

https://www.linkedin.com/posts/revolutionbeauty_makeuprevolution-valentinesday-popup-activity-7165970916571602944-Mrxq

https://www.linkedin.com/posts/revolutionbeauty_outofhomeadvertising-outofhome-outofhomemedia-activity-7175536436979343361-AbTx

https://www.linkedin.com/posts/revolutionbeauty_event-usevent-pressevent-activity-7165253762582831105-NeHU

Blush and Bronzing Drops – a dupe of the Drunk Elephant Equivalent at a fraction of the price.

https://www.linkedin.com/posts/revolutionbeauty_makeuprevolution-bronzingdrops-sunkissedskin-activity-7183815224603344896-KOhz

https://www.kentlive.news/whats-on/shopping/ive-found-way-you-can-9281059

Launch of Dewy Glaze Serum

https://www.leicestermercury.co.uk/whats-on/shopping/revolution-dewy-glaze-serum-highlighters-9276585

Plenty more out there to dyor.

Manipulation at its best.

Wouldn't be surprised in the slightest if we see a large pick up in volume prior to next news with some on the inside track imvho.