Member Info for onsolidground

We don't need to reset any ambitions.

2 Bid rounds for the whole of THG - lowest Bid 170p

2 Recent Bids for THG Nutrition only - 1 late last year. 1 this year

Seperate listing "in the not too distant future for one of the divisions.

All those say value far greater than you suggest for the patient.

The main question is whether it will be MM in charge at the time of that Capital Event or not.

I wonder if Kelso may start to take the initiative here now and engineer things happening and for them to get put to the vote.

The Golden share is gone so it wouln't take too much effort to touch base with Apollo again and for them to make a hostile offer. Kelso ensuring it goes to a vote.

I definitely think there will be lots of conversations now being had behind the scenes.

I think you are referring to freezers HH and I would vouch for your sources information on 3 freezers. That is what they need to squeeze all the new product in.

Incidentally last night I had the Thai Green Curry instead of a takeaway. Everything in one packet anto a dish and into the microwave. No sauce to mix in at any point. It's genius, as the flavour is somehow infused throughout, came out moist and I thought it was really tasty.

All adds to the wider group appeal as you say and this doubling of range has come after two recent bids for THG Nutrition alone.

Totally agree Manc39 but Kelso now starting to question and chellnge things changes the dynamic.

All would be wise to re-read the levers they have and it would I suspect only take the canvassing of a few to switch the balance here. Look if one person is the drawback to the share price achieving sum of parts value then it is not rocket science.

Look at Sections 303, 314 and the last 2 pointers at the end.

Kelso Armoury of Tools

"• Public announcements:

• Use the RNS to highlight issues by virtue of being a public company

• Use social media to get points to retail shareholders

• Use the Companies Act 2006 provisions to help make change

- Section 303 CA 2006 – ability to appoint or remove directors (5%+ / 51% vote)

- Section 321 – require a poll at general meeting

- Section 527 – require to publish any matter of importance of a resigning auditor

- Section 314 – require a statement to be circulated to members

- Section 338 – require a resolution to be put before an AGM

• Work with top registrars on canvassing votes – a little known force

• Relationships with PE and trade to drive corporate action"

MikeS02, totally agree with your sentiments on this beggaring belief and being a disgrace and think you are doing the right thing and I intend to do the same and pack up also until things get fixed

#brokenmarket@tui and #fugazymarket@lse

Absolutely incredible.

Manc39, if the Sum of Parts are clearly worth far more than present values then its far easier to lift the share price by telling people by RNS that Bids are present, or have been made... and the levels...for the Group... or any of the Divisions ... thats rather than the cumulative effect of any Linkedin posts by MM and staff.

Don't get me wrong but If the biggest drawback to the share price moving forward then becomes the CEO's lack of desire to communicate these things at the time then you wouldn't expect it to be too long before moves are made to replace. It's the easiest way to remove the drawback and what is holding back the share price.

After Thursday MM is definitely a man under P to deliver at Q3 or a tangible and value adding strategy.

Just my thoughts.

Todays update was worth the 498p and probably all the way back up to 600p - but in the meantime somebody is making money by manipulating this back and forth.

WackWack there is somebody continually playing with this share price. Illegally probably, but they keep getting away with it. Thats what was happening yesterday and thats waht is happening now.

Its an undemanding exercise price and might come as early as tomorrow when Warpaint update. Who knows

I just don't think it has occurred to Moulding yet that now the Golden share has gone all he needs to do is rightfully by RNS publicise when there has been an approach for THG as a whole or any of the parts.

We shouldn't be this low given two recent Bids for THG Nutrition, one late last year and one this year and Kelso are right to highlight. They don't want complacency. They as Activist Investors want value and they won't remain patient too long.

Wrap it all into a strategy way forward and this starts to fly.

42 minutes and 35 secs. Listen

https://stream.brrmedia.co.uk/broadcast/64da2315aa74fc619cf74a1e/6502b86961114eed62585658

#sharepriceistoocheap #getitbackuporbereplaced

Savage give it a rest with all your economic data ca rp. You come across as a deramper and to be fair sales and the outlook at TUI are completely out of sync with your pessimistic view of the world.

Sit back and chill.

Maybe so Oculus but this is the first time he has been publicly chastised and challenged on it and with the error of his ways pointed out to him.

He repeats it again at Q3 update with a similar share price fall and I don't think he will be lasting much longer and Kelso certainly know the levers to pull.

Yes he did comment on social media post the RNS - only the once but he's been silent since. Interestingly the comments afterwards this time round weren't all platitudes.

https://www.linkedin.com/feed/update/urn:li:activity:7107992456087924736/

Manc39 in essence I agree with what you are saying in that you can't go vocal against the City conspiracy and "Pond Scum" without at some point having a formalised strategic plan yourself for your future way forward through or out of it and communicate that plan to investors.

I do think Kelso, though critical, are actually giving Moulding the benefit of their vast experience and it's actually been 5 months since that Linkedin post so they make a perfectly valid point.

II's have seen 40 points knocked off the share price in recent weeks, some probably justified in consequence but definitely not all. Surprisingly amidst it all he did hit and exceed guidance and there were mitigations and improvements that seem to have been overlooked.

Kelso imvho represents just a small cross section of the flak that MM got in the ear on his mobile and by email on Thursday, Friday and the weekend. That's if the share price reaction wasn't sobering enough. he does get punished by the City and perhaps with over reaction for Thursday / Friday has wiped out virtually all gains attributed to the Golden share going, shorts reducing and leaving, Myprotein vast expansions, and countless Ingenuity partnership sign ups and the Gartner Quadrant achievement etc etc. Which all still exist and are current.

My guess is that he won't be making the same mistake again and I look forward to him undoing what, by ommission, has been done. News and improved Q3 numbers will certainly help.

Took the profit for now.

Did a delve last night on all that has come out since Thursdays RNS to see what improvements were hinted at with the results, as there were many mentions but just consumed amidst the 600 odd posts of FUD.

On THG Beauty side there was actually a lot of mentions throughout. My own opinion is that it appears to be on the mend. See what you think for yourself.

"Sure, we always knew Beauty wouldn’t be as strong as Nutrition in H1. Sales were down 10% to £539m, delivering £11m of EBITDA. But anyone who makes the effort to read the numbers will understand why we’re super pleased with the division.

Within our Beauty division, we have a manufacturing business, split across the US & UK, which develops & manufactures products for many of the world’s largest beauty brands. Ordinarily this is a very profitable business, making £11m in H1 2022 - we're actually very good at it! But since H2 last year, many of these household brands asked to delay manufacturing orders as they looked to reduce excess stock in the global market.

These delayed orders reduced profits in our manufacturing arm to just £1m in H1 this year, a £10m reduction YoY. But this destocking program has now ended, and in H2 manufacturing volumes and profit levels are back to normal.

Aside from manufacturing, the rest of the Beauty division made H1 2023 profits of £10m, up 32% on H1 2022. Strong growth in our 2 largest own brands, Perricone MD and ESPA International, were real stand outs, while our Cult Beauty retail platform performed particularly well.

What's better is that the whole Beauty division has returned to Sales growth in H2, compared to -10% in H1. Add so THG Beauty is well set for a strong second half to 2023."

https://www.linkedin.com/feed/update/urn:li:activity:7107992456087924736/

It's not for me to do Mouldings job for him or IR come to that and between them they have somewhere between 20 to 40 points to put back on the share price to recover to where it was. About half that I have as being down to market makers and the spreads used. Imvho they would do well to dissect what Kelso have advised them and I look forward to a plethora of news out of THG between now and including the Q3 trading update to get it back there. Strategic update or review with intention of would be the ground mover.

That said about half of it was in market makers spreads

"We are hedged for the coming Winter and Summer season in line with our expectations"

Mentioned as much yesterday off the price of my recent flight bookings.

Good stuff.

You only need to step on a plane or go through the various airports to understand the state of the industry first hand and not be influenced by rogue players in this market. There was a nice top up opportunity on the share price yesterday courtesy of one of them.

Reassuring that it is to see Neil Mistry posting and handy to know that the 2024 calender is filling up with some high profile partnership names (and presumably the rest of 2023 is likewise hence) I have to agree it is small comfort for the lack of strategic update. Kelso may need 5% for a set at the table but they can still as shareholders use the Companies Act to put MM in his place or put the ball in motion to replace, that being the biggest reminder of all.