Member Info for onsolidground

Not so sure the constant reference to the 20th and the shorters being long gone is helpful as all it seems to have done is given the MM's opportunity to drop the price by a penny each day and switch off any corresponding buying (although somebody is). I'll use it to my advantage though at some point of my own choosing.

Market Cap - £94 Million

Order Book - Over £6 Billion.

Yorek you kindly popped up a link few weeks back showing THG moving into the Travel Retail space through Duty Free shops and In Flight and the link and pertinent points of which I have tagged at the end.

Here's another link gives you a wider flavour of who is doing what and some more detail on where THG are evolving and innovatively trying to expand the Christophe Robin and Grow Gorgeous brands.

"Both brands are currently listed with travel retail operators in Romania and South Africa and with WHSmith, and will be introduced to Canada’s border duty free stores as part of the Frontier Duty Free Association’s Brand Discovery Program

"THG has some high profile activations underway to bring its brands to the traveling consumer’s attention, including an ambitious project in collaboration with WHSmith that includes digital screen videos on shop windows for Grow Gorgeous. The company is also implementing eye-catching mega and branded shelf strips with more activations in 2024 in partnership with other companies. "

https://travelmarketsinsider.net/the-allure-of-beautiful-hair-in-travel-retail/

And from the link you popped up a few weeks back

Among the new listings confirmed, following final discussions during the TFWA World Exhibition in Cannes, is one with Kaner Duty Free at its Ercan Airport shop in North Cyprus.

The company is also building up its in-flight portfolio with a new listing with Air Caraïbes, as well as with low-cost carrier French Bee – both for its Christophe Robin Perfect Hair Duo (containing the Cleansing Purifying Scrub and Regenerating Mask).

"We are also going to be live from Q1 2024 with Cathay Pacific for Grow Gorgeous with our ‘hero’ item, the Hair Growth Serum,” added Fockenoy.

Add to that a global agreement with Avolta for both brands in selected stores around the world, an exclusive partnership with Big Five Duty Free in Africa and rolling out at 20+ locations across EMEA with WH Smith Travel in August (including at its flagship Dublin store), and the future is looking bright for the British beauty retailer, which is headquartered at Manchester Airport.

“We are in touch with other major travel retailers too,” said Fockenoy. “Q1 2024 should look amazing for us.”

“We are expecting to sign two more by the end of the month and one more by the end of the year.

“One will be for diplomatic shops while the other is for another Asian airline.”

https://www.trbusiness.com/regional-news/international/hair-expert-thg-targets-multi-million-pound-gtr-turnover-in-2024/245235

Not seen that much stock in bigger volume trades so its possibly a broker or two that have fed it through

Sets us back a bit back but it doesn't change the prospects.

Will probably add when the dust settles.

*job*

Well if Numis was the reason for yesterdays fall then everybody knows the history. Had to previously refer itself to the FCA over misleading statements and has never once had a good word to say on THG since losing out on becoming a THG broker. They really need to give up the ghost.

https://www.cityam.com/city-broker-numis-reports-itself-to-fca-over-thg-analyst-memo-that-went-a-step-too-far/

Well it presented everyone with a top up opportunity should they wish and where were we with Kelso's letter to the Board urging a shareholder vote, MM and Angus Monro buying Kelso shares and OMVK breaking ranks and also asking for a strategy update...

Gripping stuff and what's the next chess moves.

I think Elizabeth Lake stepping done was going to be a given. She did a tremendous jon though of righting the ship.

Maybe it's just me but I expected more from the Allsworth Agreement and with the purchase price reset downwards as the suggestion had been that it was overvalued.

I really hope with the Minto negotiations that they drill down hard on that one for that cost a lot of shareholders a lot of money in the drop in the share price and no doubt REVB and Monto will get hit hard by the FCA to deter any similar future wrongdoing. It was essentially false accounting imvho.

Lets see how the markets digest things over the next few days.

Looks like somebody making their own luck on ITM yesterday and today E_AL.

Shell having to book its slot ahead of time points to things perhaps getting congested at Sheffield. Big feather in the cap of the CEO.

The Shell business should position us well for a nice business case to access the Government's recently announced Green Energy Accelerator Fund, which the Chancellor Jeremy Hunt recently announced when he visited ITM a few weeks back. If my memory serves me right there was nearly £1 Billion (£960M) up for grabs to accelerate growth in Green energy.

The timing is spot on.

https://twitter.com/jeremy_hunt/status/1725809279775506630?s=46&t=k9HTIc9DJ4B89UjXP3BkCw

https://www.gov.uk/government/news/billions-of-investment-for-british-manufacturing-to-boost-economic-growth

https://twitter.com/jeremy_hunt/status/1725809279775506630?s=46&t=k9HTIc9DJ4B89UjXP3BkCw

Purveyor of one of my favourite tipples so nice to see it rising again.

Is there a January update scheduled with BME and could we see the magical 650p with a nice santa rally between now and then. Most retailers do give Festive updates.

Most of todays trades controlled by small number MM trades.

Will hold and look for my December top up.

Too much going on here right now.

Kelso epistle to THG and gaining in support and with many levers at their disposal.

Moulding feeling the need to buy into Kelso

Online sales on the up according to BF - CM data and November data on top.

Golden quarter and No postal strikes this year decimating UK sales which are 1/3 of group revenue.

Good find Bubbleshoot and we now have the identity of who is behind the conversations for Value Retail.

LVMH and Bernard Arnault can afford it irrespective of whether its £1.0Billion or £1.2Billion and its the villages are good staging posts for his high end fashion brands.

I hope HMSO do hold out for the higher of the two valuations and the New York village is taking shape nicely on the webcam.

https://www.valueretail.com/value-retail/en/villages/belmont-park-village

Now that's a big business win from a renowned major.

Anybody just a tad suspicious as to why after that sterling win why the sp has retreated 5%?

It's a good job they are winning such good business and reducing losses otherwise the share price would go up.

The bulk of the share price / market cap is backed by cash on the balance sheet so I'll use the dip to buy and average down down.

10th Jan last year - for the update.

You can find countless such stories out there Dark_Knight. Countless.

The truth is shorts gamble and it becomes herd mentality but it can all unravel.

Looks like, with the drying up of trades that the last ones to arrive here might be in the most perilous position should any form of good news come.

Never rule anything out.

Home Retail Group back then was the highest shorted stock on the stock market. Then up pops Hedge Fund interest stories and then a Sainsburys bid, then improved bid and they won the day. All shorts burned.

£6 Billion plus worth of orders versus £100M market cap...

Happy to hold and see what develops.

Never rule anything out in business for anything can happen and does.

£100M market Cap for PFC versus a greater than £6 Billion order book.

https://www.thetimes.co.uk/article/funds-caught-short-by-sainsburys-shock-bid-cwzntx8rj5v

I think you might probably find that the Market Makers enticed them in to pick up their stock. (Wink emoji !!)

Firming up !!

The MM's seem to be doing their level best to stop this ring. 5% spreads???

Come on. Pull the other one, it's got bells on it (Jingle bells)

Happy to sit and wait.

Market Cap: Just over £100M

Order book: Over £6 Billion.

https://twitter.com/baroninvestment/status/1731648852761960715