Member Info for onsolidground

That will no doubt turn out to be a good revenue stream Yorek for Kelso, given the state of the Uk markets.

Perhaps they can use THG as a case study.

They have given so much good advice to THG and all for free, promoted the merits of Sum of Parts and seperate valuation for THG Nutrition, piped up on all such industry related bids and @THG 3 bids have been attracted in post them becoming involved. Then all the other numerous pieces of considered advice given to improve the share price.

Good Example really of how they can benefit a companies share price.

Then perhaps on the other side, what can happen to your share price if you decide not at adopt any of the advice and recommendations given.

In answer to someone else's tongue in cheek query about a week to two weeks ago THG were looking to enhance their own IR Department with further recruitment of staff at all levels.

However imvho this needs the bigger drivers of an upward share price enabled first. (Good numbers, strategy update, seperate listing update, premium listing update, share buy backs, more extensive use of RNS and RNS Reach..)

Anyway its a good move by Kelso.

Of more relevance I suspect than Tesco numbers, given Ocado stock M&S products.

https://www.theguardian.com/business/2024/jan/11/marks-and-spencer-food-waitrose-best-ever-christmas

Roll on next week.

"needs to hit fundamentals to get out of this one now"

Many simpler ones though Stew2000 to motivate the share price and investors. Some just involving words, clarification and commitment.

# Strategy update

# Seperate listing

# Share buybacks

# RNS more

etc

Ste2000 - if its the Equity side of their holding that Kelso are left with then it is 5 Million shares which they purchased at 54.5p.

THG really need to start taking onboard shareholders views.

That's the 24% that voted against Iain Mac, Kelso's numerous suggestions (as shareholders) to improve the share price

and OVMK's recent public statement.

Kelso sell at 105p - large dip thereafter

Kelso in all probably sold 1.5 Million post the recent RNS on 2nd Jan - large dip thereafter.

Can't be any clearer imvho.

But heah, Kelso are just small fry with a really small shareholding, too small to carry any influence or favour.

So small indeed that MM didn't need to worry about picking up over 6% in them.

Enough on Kelso until next instalment.

You're not wrong Cong. They had 8 Mill and sold the 1.5M you refer to, and have then sold a further 1.5M recently and since their last update.

The 3 Mill in total sold is equal to the 3 Mill they held through the CFD positions that they had. Whether though it was equity they have sold or the CFD's they closed remains to be seen.

Good profits though and so, does Moulding and Monroe dig deeper into their pockets and buy more Kelso shares to avoid placing dilution, or do they buy even more still - and whilst looking at Kelso now seemingly reducing their positions and having gained two new High Net Worth's investors onboard over there for free.

Nice game of cat and mouse.

Kelso are a lot shrewder than you think.

If the Board of any company don't take up any of their Activist Investor advice to enhance shareholder value, then they sell some and profit.

The Board then see a retreating share price and it shifts other II's into their camp.

They could have sold the lot at a very nice profit but they haven't.

Next move please.

Liked the numbers in the Interim update and all that is going on @ Mears and probably have them as likely takeover candidates for Home Group when it has transformed itself out of all its poorly looked after and poorly managed properties and got itself relisted. Memory serves me right they have already picked up a slice of the portfolio of properties on the cheap.

Ste2000.

I know. I was the only one on here that called it correctly at the time.

I wondered when someone would get round to the Kelso RNS.

Exceeded their projected rate of return for the year at 50% so probably using algorythmic trading on a few of their shares. Definitely think they traded @WRKS. THG also possibly being one of those and they might have closed their CFD for profit.

I also personally think they are just dipping their hands further into Mouldings and Monroes pockets as both will need to cough up more money and buy more to keep the same Pacman holdings. That or they get diluted by 20%. Also gives them the opportunity to subscribe for more than their quotas.

Kelso will already have identified where to spend the placing monies and if they up their stake in THG then things are definitely worth watching. Same if MM and Monroe up their holdings in Kelso.

Warpaint are in the same space as the numerous Revolution Beauty products THG sell through Lookfantastic.

REVB themselves being another that likewise raised guidance at last report.

"You my ramping old chum need to step up fast, the ship is taking on water and starting to sink."

I think you'll find if you have been reading my posts for weeks I don't need to do any such thing.

Yes I keep abreast of everything that happens at THG but the votes attached to my shares are parked in the Kelso camp at the moment and the lower the share price the more that plays into Kelso's hands as more and more will align with them.

Plus in the meantime if MM wants to Pacman away and keep buying more and more KLSO shares for say a seat on the KLSO Board or a bid over there then he is most welcome.

Lastly, like everyone else on here I am also at liberty to pick up more if it hits my triggers and can also lump in some traders if I so wish. Discipline is key.

Maybe keep up...

It's what accompanies the numbers that imvho is important.

That's what has the potential to meaningfully move the share price.

Recent discontent and the most recent share price moving can't be making it any clearer.

Strategy and Communicate... Sorry about the cut off.

At a share price presently less than it was 6 months ago I suspect the time is fast approaching when things might start to become a tad uncomfortable, and with the distinct possibility of a confidence vote in either the Strategy and direction of the company or the Board itself. Probably both. The levers and tools are there and so are the individuals with the knowhow to start the ball rolling.

Next move please.

Every man and his dog knows THG Nutrition and Myprotein is doubly appealing for a takeover, partnership deal or seperate listing and that then starts the Sum of Parts value unlock. Personally for me Mars were one of the two suitors you mention Crafty. a) they would be serious and b) given their purchase of Kevins Natural Foods and Hotel Chocolat - just shortly after)

Never a time like the present for a Moulding and Co comprehensive update. It's what Kelso have been telling them

"Kelso believes that the stock market will not ascribe a sum of the parts valuation to THG until the board confirms, by way of an RNS announcement, that its stated intention is to demerge the three divisions. Demerging the businesses could be done via full, majority or minority disposals of each division, most likely sequentially (we refer to any of these options as the "demerger"). We do not propose to suggest the order of events, merely that it is made clear to shareholders that all options are being considered. Such an announcement would, in our view, help to close the valuation gap and so enhance the ability to achieve the true value in any of the demerger options. Our confidence in this approach was recently enhanced by the positive share price move resulting from the CEO Matthew Moulding's strategic optionality comments in the Q&A part of the Q3 trading statement. However, we believe comments alone do not go far enough, and that the market wants to hear formal confirmation of, and articulation of possibilities regarding the company's intention to demerge. THG's real strategic optionality is enhanced as the share price increases.

Furthermore, whilst the share price remains low, THG is susceptible to an opportunistic bid; this is a real risk without a supportive shareholder base. Another benefit is that such a statement will significantly reduce your share price volatility making THG a more attractive investment for traditional long only funds and stop hedge funds profiting from and driving the current volatility.

Liberum's price target is 225p per share but only when a sum of the parts valuation becomes relevant. We think that more analysts would consider increasing their target prices if a formal demerger intention announcement was made. We also believe that such a demerger would be highly advantageous to the valuation of Ingenuity in turning its internal revenues to external ones, enhancing its ability to win third party contracts.

In summary, we believe it would be extremely helpful to THG's valuation if it publicly included the following on an RNS announcement:

1. The board's intention is to demerge the businesses in the medium term.

2. The demerger could be by way of separate listings with THG retaining majority or minority ongoing control, or outright disposals potentially with THG retaining an interest.

3. The board is open to strategic partnerships as part of this strategy..."

Its not hard to get the share price moving. Strategy & Commu

Dpws

"Remember when we all had to declare our shareholding and averages - that was a nice cathartic moment."

Wasn't aware of this. Probably prior to my purchasing.

Can you briefly elaborate on what this was about?

I'm I the only one smelling a kipper here.

Should be 3 days to notify - give or take weekends and Public holidays.

"5. Date on which the threshold was crossed or reachedvi:

30/11/2023

6. Date on which issuer notified (DD/MM/YYYY):

01/12/2023"

Must be a fine due on that one for late notification surely.

Polishcap, it was you that started the Lord Allen "in absentia" rumour stating that you had heard he wasn't in good health and had cancer. Nothing seems to have stopped him popping up recently and adding his name to a Balfour Beatty RNS.

Dodn't you also sell 68k worth of THG shares at circa 68p, vowing never to return and then had apparently left. The share price then rose to 90p thereafter.

Yet here you are wasting every passing minute of the day posting altruistically for the benefit of everyone.

Honest question. What is your motivation given you seemingly don't hold any THG shares?

Personally I am sceptical as there were other blatantly apparent reasons. RNS, drop timed to coincide with MM on holiday, possibly disgruntled holder of the 24% anti Iain mac vote selling.

But if they have missed their numbers and no bonuses are being paid - then great. Perhaps if they were linked to improvement in the share price then we might get a bit more focus on what makes it tick and rise.

Or was it all just another Fugazi market day on THG - coincident with the Iain Mac RNS (2nd Jan) and with the first days resumption in trading of the New Year and what with MM having just posted prior on Instagram that he was on holiday? (30th Jan) Like I said earlier, no two ways about it MM will be livid and there will definitely be a post mortem of what's gone on, share trades, internal and external comms and conversations with regulators.

Plenty legit reasoning there already withTHG provided the trigger themselves, and without resorting to staff selling conjecture. The low trade / codes on the day suggest it was helped on its way and bringing in other market participants. Nearly £250M wiped off the market cap for a non tills related RNS. Simply extraordinary.

Thats the way she moves.

MM's have been fishing for stock.

26.2p?? Jeez, c'mon