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OMG !!

Opens mouth, share price goes down just like it has done on virtually all other occasions and just as it was marginally climbing. Have we seriously not learned our lesson? Where is the Chairman?

Then into the bargain does he not realise that he has just turned the heat up on himself even more by making the THG AGM the go to event for financial journalists on the 25th June. Probably worth buying some shares just to get the letter of Authority to get in.

A couple of other observations.

1. Shouldn't he not be making better use of his time and answering any and all the shareholder questions that have been submitted ahead of the AGM?

2.I don't follow MM on Linkedin but I see some are asking pretty direct questions. Might be worth just also asking on there

Why Applied Nutritions margin is so much higher than THG?

and

Seeking clarity also on stanleyb's repetitive postings about highly profitable, FCF positive and capability of paying dividends in the future?

Unfortunately Big Mike Ashley and his legal team (highly successful may I add) puts paid to any notion of take private. Google Ashley + court or legal and see what comes up. Ashley would be after full damages for any consequential losses from whence he started buying. Probably the same with Kelso. Perhaps a Class Action off retail PI's also through the likes of Harcus Parker. So much good advice given and ignored or binned, or acted on too late.

In any case it would have to be voted on.

The world is apparently holding it's breath for Trump to decide what his next move is. Putin now though (close ally of Iran) is saying don't do it. So what do we think the outcome will be?

Probably better to keep all eyes on the Houthi's and what Yemen will do.

Well I actually thought todays news was excellent and an expansion with an existing customer.

Mr Market seems non-plused though.

You'd like to think that it had risen in recent days off the back of merger news.

But wait a minute - they didn't announce it and there wasn't any high volumes. So it can't be that.

Lets see if they dip it enough to create another buying opportunity

When there was a large No vote against the re-election of Iain McDonald a few years back Ephemeral there were no public statements of voting intent prior.

The simple fact of the matter is that it can't just be PI's that are unhappy but institutions also simply cannot be happy with a year where the share price has reduced from 70p to 25p. Accompanied by No change at the top of CEO or Chairman, and the Board all seeking re-election.

The assets are clearly worth significantly more, so change has to occur imvho.

Just look where the share price was last year on the run up to the AGM and where it is now.

The market is echoing it to them all.

https://www.thisismoney.co.uk/money/markets/article-13514495/MARKET-REPORT-Pressure-grows-Hut-Group-axe-chairman.html

Personally I think they should approach Poppy Gustaffson, the previous Darktrace CEO now performing the role of Investment Minister in Government and pay and incentivise her to take up either the role of CEO or Chairman, under the sole brief - and complete free reign - to resurrect the share price. It would not take too much to beat her Government Salary. Or approach Stuart Rose the ex M+S Chairman and presently at ASDA whom I also rate.

It's probably the last ones in on the inverted pyramid scheme bandwagon and thinking they could hover under 0.5%, profit well, and then exit pre-AGM without anyone even knowing they were there. But they are finding it hard to get the stock that they wish to close. So they are trying to sell short some more to try and drop the price, and in so doing have had to raise their head above the parapet (0.5% reporting threshold).

Very few though are selling now as they can see that the value of the assets / sum of parts are worth significantly more.

But there is also somebody in the background buying up what is being sold short into the market and any impact is being limited. Mike Ashley is my guess.

Definite changing rhetoric on Sky atm.

Will be surprised if I wake up tomorrow and find the US haven't intervened in Iran overnight.

Somethings brewing!!

Better day today.

Hopefully the start of a move back up towards the 30p range.

Not a security incident?

So who do we think did the signal jamming?

It appears you can do as much damage without utilising drones or putting the Revolutionary Guard out to sea.

Icc couldn't agree more with you on the constant failure to deliver on anything tangible for shareholders @THG and Oke makes the case that that is despite £2 Billion spent, and may I add supposedly having bought recession proof businesses.

But that's why it's so cheap and that is why Moulding and Ashley are quite happy to be accumulating at size.

Moulding ought to really study the Frasers model and take a leaf out of Ashleys book. Ashley has a whopping holding in Frasers Group yet he stepped back from the CEO's role and brought Michael Murray in to do the CEO's role and the day to day running of things and truth be known he's not doing too bad a job of it. Lets face it Moulding is toxic for the share price and in his interactions with the City - and he actually has stated as much himself.

Hope springs eternal that he gets all his CLN shares approved and steps back into the shadows and silence.

Jed, not so sure that the Chairman has the funds to buy us all out at 80p to £1.00

But the CEO seems happy to take £60M worth of THG at 32.7p (and got half of Ingenuity for about half the £25M it was taken private for)

Then you have Ashley and his billions quite happily amassing a sizeable stake and now up to 12.6%.

The latter is the man that can challenge the underperformance here and all still being in post and up for re-election. Similarly he could also provide THG with a heck of a lot of shop frontage for all the Beauty Brands and also for Nutrition and all it's products. Or he could bid and swallow up THG Nutrition, THG Beauty or indeed both for breakfast. Don't forget he's actively looking at REVB.

Interesting times.

Even if Cult was overpriced Ephemeral then counterbalance that with how much they paid for MyProtein (£60M) and how much Nutrition is now worth with enhanced product ranges and expansions into bricks and mortar retail, gyms, vending etc, then add Vitamins, Clothing and a move into FMCG, with frozen food and lunchpots etc

https://en.wikipedia.org/wiki/THG_plc

Probably a lot more to do with people filling positions ahead of someone tabling a bid.

The price of oil will only be heading upwards.

No chance of things easing if you want my honest opinion. Breaking Sky News.

https://news.sky.com/story/israel-iran-live-latest-tehran-tel-aviv-netanyahu-13382979

"Disappointing slow given the current news that's for sure."

Was thinking the very same and never thought it would even see red today. Last conflict between Israel and Iran did nowhere near as much damage to the Iranian side and they held back and didn't strike key Oil and Gas infrastructure, as has clearly been the case this time around.

Any further disruption, Straits of Hormuz blocked by Iran or it's proxies, or Kharg Island targeted by Israel and the oil price should rise fast. Can't see diplomacy early for months and whilst one will always be seeking to avenge the other imvho.

And £275M for Cult Beauty alone also

https://www.thg.com/news/acquisition-of-cult-beauty-limited

Sum of parts is clearly hugely above where we are. This is why Ashley is happy to be accumulating and increasing to 12.6% and why Matt Moulding just happened to find £60,000,000 down the back of a sofa to further invest.

Forget £50M. You'd be lucky to get ESPA alone for twice that given it's expansion since 2017 into further leading hotels and leisure facilities as well as establishing itself further in Bricks and Mortar retailing also.

If you can't weave all the brands into THG Beauty and create ADDED VALUE then you should look to realise that value individually.

They should look to grow it further and either market test it for a sale or IPO it instead.

https://beautymatter.com/articles/hut-group-acquires-espa-in-ps100mm-plus-deal

Been a while holders.

But 13p / 14p was taking the mickey imo