Member Info for onsolidground

Good Morning Manc39

I am on the same hymn sheet as you all barring 1 point

"I agree that GS fundamentally changes things. *But* we are still all speculating and you could genuinely copy and paste some of the posts from 18 months ago into todays conversaiton and you'd be non the wiser."

You might be able to drop those conversations in here but it's no longer "when the Golden Share is gone" or "if the Golden Share" Its Gone, Nada, Finito, Ceased to Exist. On that one point you would be all the wiser. It therefore would have fundamentally changed all those conversations.

What also stands out is that it was due to expire in September but was unexpectedly brought forward to the 21st June. There would have been zero conversations on this back then because it hadn't happened. No discussions either back then on Why?

"

Manc39

"Just a note for the speculators though, if you wind back this Board 18 months to 2 years...you could literally replace the mbo discussion now with the same posts back then. Lots of gossip and speculation and nothing happened. It does demonstrate the relative opportunity cost of cash being invested here for speculators only."

There is one massive change this time around.

That Golden share has gone, been relinquished, binned.

Sorry for the late reply to your 10:52 post Manifesto been out all day doing the first leg of the Barbienhemer at the movies. Some saft fun and I have never seen a lunchtime cinema so full and people queuing out the door to get in for the next showing.

Totally agree with you that MM will not be wanting any of this broadcast. Another highly valid point the copy across post STE2000 made was that the sale of ICON would not even have hit the public domain had it not been on the Council minutes. The Inner circle @ THG, MM, GLA, Cautious John, Iain Mac and a few others are watertight, and know exactly what is going on.

Manipulation took this down from 110p for absolutely no reason, when in actual fact the last 7 to 10 days news prior, including Friday itself was positive, so imvho it shouldn't have fallen in the first place. Stole, AGAIN, £200 Million off the sp and market cap. Not for much longer me thinks.

Don't be surprised if it gets back to 110p by the end of the week. These fu gazy days backed by dicy broker notes, may have worked the past with the "stiff upper lip" silence approach but it just doesn't work nowadays when courtesy of Linkedin, RNS and Active Investors everyone can see and understand the different strands of the business, the THG Nutrition expansion, the turnaround in trading - and can work out for themselves, imortantly, their own REALISTIC Sum of Parts. Not rampy but just their own conservative estimates.

Next similar 40% OUCH Linkedin post off Matt Moulding I suspect will be much higher.

Anybody rung BOO's brokers direct to see if they operate a "Price match guarantee".

They picked up BH and EL's "pay tax" shares off their option for around 32p in an "off-book" deal.

Might get rid of the traders that way and escalate them up to the 29.9% threshold in no time.

You do have to admire though the way that they recently been accumulated "off-book" and not noticeably moving the price when I think for many the motive is right there in front of everyone.

In theory sbb he should only have to buy out the "fast cash" shares that are now holding tight, give or take a few traders and weak hands. The previous tripartite knocking of the share price doesn't work when investors have the necessary information to evaluate things for themselves.

The short-termism and casino mentality of the City I don't get. Can they not work it out that with reduced volumes you need less people in the City offices. UK pension funds invest elsewhere as Matt Moulding has pointed out (with figures to back it up) Less and less go down the IPO route or shun the City (e.g. ARM) so less fees for all involved, the Bankers, the corporate lawyers lawyers, bookbuilders, Nomad's... Then the Ultimate, others either pack up and leave the City in take private deals or, delist and relist elsewhere, or dual list and change their primary listing.

An ever decreasing circle and as more speak out a self fulfilling prophecy. Personally some don't always like MM's tone as a CEO for doing so but I personally applaud it and think maybe he is acting with more of a strategic and long term vision than others give him credit for.

So that virtually values.

THG Nutrition and its fast expansion all over the shop at nothing. £675Million revenue business in 2022)

(And when we know Kevin's Natural Foods was bought by Mars for 5.7X Revenue

THG Beauty - a £1235 Million business - again valued at nothing.

Fortunately that's why there is an Active Investor on here, and they are agreeing with the higher side valuations and publicly publishing their logic for all to see.

Take us private Matt.

Nobody is falling for this old City rearguard and the fu gazy markets with analysts, press and HF out to damage share prices for their own gain. Volumes so far today are back to nobody selling and thats for good reason with the Golden share gone, Dubai trip etc....

But todays share price and both those valuations might not even be valuing how much Apollo were prepared to pay for THG Ingenuity alonea dn Liberiums's 225p seems closer to the mark.

Here is Matt Mouldings exlaining the rejection of the Apollo Bid and how much they valued THG Ingenuity ALONE

"Their latest view on Ingenuity had it as being significantly more valuable than the whole of THG the day before the bid leaked!"

https://www.linkedin.com/posts/matthew-moulding_nothanks-pe-onwards-activity-7062681230554591233-gaz_/

BOO!!

Must be about the only share going where somebody accumulates over 27% of the company and is sitting poised and William Currie Investments loads up with another 3.14% and the share has fallen back.

Interesting times for definite.

That is good news S_R. Just got to write the week off and lets get past Friday or until the press get some other news.

Thanks for delving again on that 2phevs.

Lots seemed to ridicule the STE2000 advfn post copied across here yesterday but there was a lot of stuff in there which made perfect sense - one point of of which was that Matt Moulding was left with 2 offers in written form in hand that he can use to get an MBO to a level that the LTH's are willing to accept and rollover into. Sufficiency of cash being there for the exit door should they wish it.

Https://www.thermegroup.com/

Can you honestly see Matt Moulding, not having a finger in that pie somewhere, either in a spa or a gym or in selling Nutrition products?

You might have been wide of the mark with that link Pearls but I'd be very surprised if Matt Moulding, Espa and THG Nutrition weren't involved in this one. It's Manchester and it's right on his doorstep. It's Moulding territory through and through and it's right up his street.

Therme incidentally are building these resorts in several cities.

the Future is Wellbeing.

https://secretmanchester.com/therme-manchester/

"Boo will bid"

It's coming scoredagininsteps.

No other logical reason for keeping on accumulating.

?

I'd say that's who might be involved with our soon to be launched high protein cheese and yoghurts. Explains the cheese in the tikka wrap.

https://eatlean.com/

Two asides.

The first I missed off the last 7-10 days news list, which was UK Inflation figures better than expected reduction. 8.7% down to 7.9%

The second and its just picking up on Kelso's post this morning and the Telegraph article. Just munched a MyProtein Tikka Wrap for lunch (tasty) and looking at the box stamped / logo'd on the back is an "Eat Lean" motif.

Was nothing to do with what Blinky hints at at all.

Overfishing Cong, pure and simple. No press, no analysts just deep pockets on this one. 110p to where we are now on not a lot of volume.

https://www.retailgazette.co.uk/blog/2023/04/thg-matt-moulding-hedge-funds-media-rant/

The share price will recover to closer to Sum of Parts or its next Cpaital Event or this one's going private. You just know from MM's sentiment and all that is happening around. All the clues are staring out at you.

https://www.retailgazette.co.uk/blog/2023/04/thg-matt-moulding-hedge-funds-media-rant/

Just remind me why this fell on Friday about 15% on Friday.

"Mention of Ashley as a possible suitor.

https://www.bloomberg.com/opinion/articles/2023-07-13/thg-group-could-be-a-catch-for-billionaire-mike-ashley

Sale of the Icon HQ for £250 Mill progressing with named suitor. (Please link to the STE2000 thread from last night)

https://www.propertyweek.com/news/thg-ceo-moulding-to-sell-the-companys-250m-manchester-hq/5125868.article

Kelso updates on its THG Investment

https://www.lse.co.uk/rns/KLSO/investment-in-thg-plc-update-bk29gfqp1azz3on.html

Two Kelso Directors buy 500,000 shares each in Kelso (whose sole investment is THG)

https://www.lse.co.uk/rns/KLSO/directors-dealingspdmr-shareholding-ibxnwgwxgnjyp15.html

Expansion into two large retailers in Finland and Portugal (Phil Ainscow - Linkedin) Kesko have 1300 stores and Wells operate all over Portugal and seem akin to Boots, and more coming in Q3.

"As we enter Q3 (can't believe I'm saying that), its time to reflect on some of Q2's retail launches on the continent. Our amazing Beauty range from Myvitamins can now be found in Wells stores across Portugal and a wide range of Myprotein bars have launched into Kesko (K-Market) in Finland. Looking forward to announcing Q3's launches....

20th July – 3 New Products launched into India in the coming weeks.

Those being Clear Whey, Pre-workout, and Keventers verticals…”

"Additionally, ensuring the taste profiles of each consumer are met, the low-sugar Clear Whey, which delivers an impressive 20g of protein per serving, will also be made available in flavours such as Pineapple, Blood Orange, Mango, Coconut, Cranberry Raspberry & Peach tea. Similarly, The Keventers butterscotch flavour will also be launched and made available for Indian consumers, making it a protein-rich butterscotch alternative for fitness enthusiasts...The exciting flavours will be reaching Indian shores in the next few weeks, following clearance from the APHA and FSSAI." (Sudeshna Sha - Myprotein)

Sale of the Remaining loss making On Demand businesses for £4 million cash

https://www.thisismoney.co.uk/money/markets/article-12323405/Online-retailer-THG-sells-OnDemand-division-ProBikeKit-4m.html"

New Kelso linkedinpost this morning referring to how obescity is costing the NHS £6 Billion a year and that supermarkets and lobbyists are calling for a "revolution" to put more health into our food and inly serving to reinforce their view on the attractiveness of THG Nutriotion. Link attached to this Telegraph article

https://www.telegraph.co.uk/health-fitness/body/what-experts-would-do-about-the-uk-obesity-crisis/

Well, with all that has gone on here in recent weeks with BOO and them being our biggest shareholder, if the BOO share price isn't worried about things then neither am I.

There will be many roads travelled before the FCA conclude.