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Unfortunately with the ar$e having fallen out of the Nutrition trousers with a 9% fall in revenue and MM's Pacman defensive buy earlier I think Kelso's efforts a few months back would have been best employed joining the supposed 35% club and trading the share back and forth with an algo. In fact that I suspected they had done previously.

Their silence is deafening after the recent updates and if you have a CEO who shuts the door on every Bid opportunity, bins 95% of all advice given much of which is share price enhancing, and who seems to treat shareholders with disdain whilst antagonising and aggravating the City then who could really blame them.

2 years on from a Belerion bid at 170p and a year on from an Apollo bid higher than that and despite whatever excuses gets aired for falls in sales or strategy failure (if there is one), this share price is 65p.

Over to Kelso to do something about it using the relevant sections of the Companies Act as all the above are not conducive to investing for a return.

Needs a corporate event or change at the top for this present hamster on a wheel approach to change imvho.

THE FTSE 100 is hitting new highs day after day and this is sat at 64p. Wake up and smell the coffee.

So the large seller actually transpires to be Khazakstans secret billionaire increasing his stake in Chariot.

Did so on the same date as the Energean transaction and reporting from a Hong Kong Office and there was me thinking you had 3 days give or take bank holidays and weekends to report. Plenty time for his mates to be fiddling this back and forth for a few more.

Can't be far off some updates so its a welcome bonus.

OhhAhh I think you have hit the nail on the head with this one and that is why the City mentality of don't touch THG with a bargepole is prevailing. To be fair he seems to be the obstacle and is closing the door on virtually every angle for shareholder value so you can understand that mentality.

So much "City right" stuff could be done to bolster the share price but isn't, good advice discarded and binned from people who have accomplished track records and you might well be right on him having hit his development ceiling.

I thought we might have heard more on the MyProtein Kitchen (Cafe / protein shakes) business at Q1 update. It was opened to great aplume and with a tweaked and refined offering thought we might see a mass rollout. But Nothing - and probably one that's just ticking over and will ultimately get forgotten about close. Also on one or a few updates back we also got told about a Southern Comfort licensing deal. Again I haven't seen anything since on that.

They will have a long way back on the MyProtein side to make up a 9% dip and especially in what is now becoming a saturated marketplace for Protein products. Strategically don't forget £50M was actually spent on trying to keep prices low to retain customers!!

Silently held over there Novice82 for a while and Poppy Gustaffson is an extremely adept CEO and yes as low as £2.50 in recent times which was about where I bought. Seemd a tad cheap buut I'm happy with the payday, although the market seems to think that it may receive a higher counter offer given it had a £6.20 Bid off Thomas Bravo a few years back.

Note again (even though its agreed) it is a Published Takeover Price for all to see.

That's something that THG shareholders are not worthy or deserving of despite Belerion / King Street and Apollo offers and supposedly 2 approaches for Nutrition. (Shame THG didn't take either of those given a now very large 9% fall in numbers) Apparently seriously undervalued at 170p, two years on and despite whatever strategy is being adopted and all the Board and CEO's bluster and effort its sat at 64p, and with the CEO seems quite happy to lament that about 95% of advice he gets given gets binned and that he seems to know best. Blaming the market and its participants wears a bit thin when plenty share price appreciation suggestions have been publicly made and been ignored.

With THG stm it always seems to be one step forward and two steps back. Nutrition being the latest step backwards and that 9% fall @THG Nutrition is a substantial fall in numbers by anyones standards and that's after having already moved into supermarket and bricks and mortar sales and licensing deals already and some time ago and vending machines also and whereby 40% to 50% of your margin goes to retailers or you get a small percentage of sales through licensing. Its also far more than could be attributable to Yen related falls or any rebranding effect. The rebranding for me is a positive. So for me the reasons / excuses on this one don't stack up and I think the DTC / website sales and overall THG Nutrition / MyProtein sales are suffering and that's in a crowded marketplace and with cheaper and comparable competitor products in abundance. Unfortunately there is more of that coming on that front through a competitor listing.

With 2 years to resurrect the share price having passed and now THG Nutrition posing yet another headache I'm interested to see what others think is the way forward to delivering shareholder value here . For me it needs fundamental change as things are not working and pulling together at the same time.

Thoughts?

Been a silent holder over there for ages and watched that one rollercoaster up and down and been as low as £2.50.

Bid this morning agreed for £6.00 in US $ Equivalent, but the market seems to now to be anticipating perhaps a rival Bid.

Ocado for me either relists in the US or at some point soon it succumbs as well.

Well ironically the same market that at one point in my holding was happy to value DARK at £2.50 are now seemingly happy to value DARK at £6.20 and higher than the agreed bid.

Another UK company falling into US hands and perhaps explains why so many companies are quitting the LSE.

Looks like the market is now anticipating a rival bid.

After all the ups and downs and games palyed on Darktrace - we get there.

Good takeout price and happy to settle for the that.

Unless somebody else wants to gazump?

And the reason for todays retrace is?

It has never followed the main indices up (or it would be substantially higher), or down so it won't be that one.

Kelso have their own agenda here dafad and have their own update to publish before the end of the month and I'd expect them maybe to come over the next few days what with NCC slightly rebounding.

I also expect they will be more than a tad perturbed at MM's Linkedin comments of 95% of advice not being taken and pushed to the side.

In addition because the jewel in the crown at the time, THG Nutrition, now seems to be regresssing and substantially losing sales and revenue it is extremely doubtful now that with those declining numbers that it prove attractive to new investors in a seperate listing. I suspect that they will see any seperate listing of THG Nutrition as a missed opportunity.

A 170p Bid was turned down as substantially undervaluing THG. Apollo Bid also abruptly ended without any numbers posted as others do, and two bids for THG Nutrition also. Now noticeably a large decline in sales and here we are tonight at 65p.

I wouldn't parody them and always be wary of Active Investors who become the quiet ones.

£50 Million spent keeping prices low and retaining customers - plus the cost of a much touted Rebrand on previous anlayst calls and the F1 sponsorship of the Williams F1 Team, all meant to be the answer to MP's future growth, and now this in his Linkedin post

"By contrast, Nutrition sales declined -5.8% in Q1 as we phase out products to major new branding, positioning Myprotein for a big offline push into global grocers & retail."

Its not the advice that changes like the wind.

Imvho its the excuse.

I think he might find some sticky / tricky questions on the Analysts call.

Interested to see if the Nutrition CEO is there to answer for himself.

"I’ve learned to suck it up and listen to most advice….and then to rarely act on it! Listening, processing and then discarding 95% of advice, is super valuable."

Unfortunately some of the 95% that he has disregarded actually know what they are talking about and especially in terms of delivering shareholder value.

Makes for an interesting AGM.

Its good news on Beauty but how much of that is benefiting from the supposed ESPA, The Hotels and Country Club etc being switched into that category.

And OUCH - Nutrition sales - DOWN 9% - and that's despite £50M spent to keep prices low to retain customers and a shift into Bricks and Mortar retail. That part of the strategy, although Moulding will say otherwise, isn't imvho working and why the Nutrition CEO was absent from the last Q+A.

It looks like Beauty is now going to have to subsidise the Ingenuity Capex which is only marginally ahead.

Same as...

Noticed that also Yorek. Nice one.

Nice non-City conforming RNS with no market hours notice given.

Not quite sure what the game is but I'll set my alarm for the morning and have a read, listen in and watch for the Linkedin post.

Hopefully something new to get exited about and not the same hamster on a wheel dialogue.

The legacy issues roll on and all of what went on previously.

It's substantial monies that Chrysalis are after and I have to agree with you that if you settle with one shareholder or lose at court then it could end up being that everyone who sold and lost in consequence has a claim. Could they afford to pay and keep the business running as a going concern if that were the case then that might be the question at that point.

The converse of it could equally be argued reference Chrysalis' losses in that if they hadn't sold then their losses would have been nowhere near as much as the share price has been in the 33p to 36p at least twice since relisting and indeed a question mark would always exist as to how much of their own forced selling actually caused the dip in the share price to where they realised their losses.

Fwiw I did think REVB settled far too leniently previously with those responsible and there is in my opinion still the FCA side of things to come and that is perhaps Oculus where those responsible will be punished individually and appropriately, as the FCA you would expect will wish to make sure that the same doesn't happen in the future.

Personally I think its kind of a hard one to contest when its BDO the auditors that unearthed things and the RNS's exist from the time with what was said but that is just my own personal viewpoint and opinion.

Hopefully the BoD have more insight into things than I.

Well that was another fortuitous purchase last week.

I did say it was getting tempting.

If your share price doesn't show appreciation in one market, then head to one that appreciates growth and technology stocks.

Well that's another week and weekend out the way so it can't be long until SDX hit their target depth and we start to get news of the Star Valley 101 Rig heading our way.

Looks like somebody possibly has the inside track on a dividend reinstatement.

Has been one of the best managed retailers through and post pandemic and should you would think get back to the realms of 150p in the not too distant future.

Well reference CitySpy I've still got visions of the post he made with a large Whale and probably about 18 months further on we are still waiting for THG Ingenuity to land one.

The important thing is that the market makers seem to like the sentiment.

Q1 Results are due. Is a guise to lift the price into them. Who knows...

Has never changed.

Just the discount on the entry price.

Still 4.7% Helium. Still 2.2% Gold Hydrogen.

Noble Helium firming the full Rukwa Basin up as a "Unique and Prolific Helium Producing Unlike Any Other Worldwide"

May / June time I suspect you will be paying full price for your entry tickets.

Dyor.