Member Info for onsolidground

Good find Gtc and it looks like a deal is imminent.

Simplifying and taking all the complexity out of the company could be prior to premium listing, relisting elsewhere, dual listing or ahead of part funding for an MBO.

Or maybe, just maybe, if Apollo or another Private Equity bid returns with further improved terms then MM either rolls over or takes the deal and banks a significant amount of money, whilst also still remaining in charge as the CEO and being incentivised by Private Equity into the bargain. Lets face it, over the last few years his wife and mother must have had some right hissy fits to contend with and they might favour a change from being equity rich to cash rich and able to physically enjoy the trappings of success.

Just remember the keypoints that were made in his "No Thanks" post after they turned down the Apollo bid (One Iain McDonald actually acknowledged was a good bid).

" It’s well known that PE deals are lucrative for Management. THG would be worth billions more away from the daily market manipulation involving Bankers, Hedge Funds and Pundits....

"... PE typically give Management 10% of the company as an incentive, with 5% to the CEO. These incentives are worth hundreds of millions to staff. PE can be compelling."

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

Always remember in business anything can and often does happen.

We're now into proper money making season. School holidays got underway in Scotland last week and its only a few weeks to the English school holidays but to be fair things always build up from May / june time.

Jet2 update on Thursday should hopefully please and kick off some interest in the sector.

Can't believe this is still more than 200p under a TERP of 808p (my working out)

A new launch for Espa on the Beauty side of THG. Even got some of the prices showing in the article.

https://europeanspamagazine.com/espa-launches-the-light-salon/

Pc you would do far better if you simply didn't mention them and do any of their work for them. I personally think they are completely barmy with the Golden Share gone. Even MW when they left cited a high chance of a "bid event".

Far better to concentrate on THG Nutrition, THG Beauty and THG Ingenuity and the THG business as a whole and its hard to imagine that you are still getting THG Nutrition and THG Beauty, two large concerns, for virtually zero pence EACH.

Mid September update should hopefully set the record straight. That's if we haven't been bid for again before it.

Must have been happy with the Q2 numbers to splurge out on another significant purchase of shares.

Let's see if we can push through 90p over the next few days.

Trading update and GS going caught the market asleep. Shares never move when you expect them but do ultinately move to reflect changing numbers and sentiment.

Hard to believe that the share price is still sitting at less than half the lowest public knowledge @THG has received (170p) and Apollos had to have been over £2.00.

Far too much going on (and we are getting most of it communicated)

170p was the lowest publicly made available figure from the Belerion, King Street and Nick Candy Bid round and there were others Matt Moulding told didn't even get aired in public.

Prior to the Belerion King Street round of Bids the share price was trending around 115p to 116p or thereabouts.

If you then actually add the 46% premium that Streeter mentions in the quote then that takes you to just short of 170p. So its actually just about correct.

Streeter noted that the attempt from Belerion and King Street had come at a 46% premium to the pre-offer price, but despite this, the board "judged that the offer significantly undervalued the company".

That's double where we are and Apollo in valuing THG Ingenuity at "signficantly higher" than say 65p tp 66p for THG Ingenuity alone must place their bid somewhere I think in the 225p to 250p range.

Streeter noted that the attempt from Belerion and King Street had come at a 46% premium to the pre-offer price, but despite this, the board "judged that the offer significantly undervalued the company".

Good find that blert on the MyProtein vending machine in the Wigan gym having been a success and now being rolled out to others.

Another one to add to my My protein growth post that now stretches over two posts.

MyProtein look certain to surprise in September and then again in the next update thereafter what with Ice Cream sticks and Choc Ices then MyProtein branded cereals, yoghurts and cheese, further rollout to Uk grocers and internationally, and thats only what we know of...

You might be getting warm there Stoseph20. There's a nice THG Ingenuity Fulfilment Centre in Dubai and right in the middle of all of JD Sports plans.

Too many things going on here to by trying to trade this anymore my friend.

Do you seriously think Matt Moulding, who with growing up family and of his own admission has been averse to flying, got on a plane to Dubai to sit down with some of the richest investors in the world to put a trial frozen meal vending machine in a gym in Dubai.

You sit this one out now at your peril. FAR TOO MUCH going on.

https://www.linkedin.com/posts/matthew-moulding_middleeast-dubai-ambition-activity-7075065046711574528-oHls

Sampled those Myprotein Ice-creams by the way this evening with some crepe pancakes and MyProtein Butterscotch Syrup. Delish. You could sell them by the freezer load in the 40 to 50 degree temperatures in the UAE.

Its an easy way to give some back and to help add to revenues, well thats the way I see it. Wouldn't be buying the frozen meals, chicken skewers and protein bars and drinks if they didn't hit the high notes on the palate.

Every action there is beneficial to Lloyds.

on top of the other benefits Less repossessions also mean less bad debt provisions that have to be made and set aside.

Was an easy pick up after the 0.5 rate rise with the Chancellor and banks then agreeing to steps that would mitigate any repossessions ( 12 months before they could cross that route. Switch to interest only, longer term) Then not the full hike passed on to savers.

Winner on all fronts for the banks imho.

3 x £675M revenue for THG Nutrition = £2 Billion alone based on last years numbers and we know Nutrition is in the growth fast lane this year with excellent expansion.

More than 65p per share for THG Ingenuity as that's what Apollo recently valued it at "...significantly more valuable than the whole of THG the day before the bid leaked!" Say £900M to £1Billion

Beauty - a £1235M revenue business in 2022. Add a lot more value.

So probably in the region of 350p to 450p per share without any Private Equity discount.

Two sets of Bids in just over 1 year. Lowest figure of which was 170p. There's a bagger here just to get to the lowest previous bid when Belerion and Candy were interested.

Golden share has gone, good trading update, Cautious John just recently bought half a million pounds worth of shares, 2 Active investors hovering, that trip to Dubai and so we patiently wait for the next move.

Just tested out my local Iceland last night with a further, online order of 4 tubs of ice-creams - all 3 flavours as it happens and part of a bigger order - and all 3 flavours have been delivered from local store, so available both in store and online. Pleased as punch and how long before we get to our 1rst Million of these. Can't wait for the ice-cream bars and sticks to come out also.

Still 3 for £10 showing online btw

https://www.iceland.co.uk/exclusive-brands/my-protein

The last few days.

Any dips these days imo surely have to be gifts.

Seems to be stabilising price wise and still finding its suspension lifted feet.

Hopefully the quietening rhetoric between BOO and RevB is a good sign and that there may be some compromise prior to the GM. Some of the points made previously did probably have validity, like for instance the proposed installation of Ms Horsefield ex THG BEauty CEO which seemed to result in the instant re-commencement of business with THG, and a resumption in those sales to assist with growth.

Next news should probably come from either a date for the GM or agreement reached cancelling it, Allsworth agreeing to a downward revision of the valuation of the manufacturing side, Minto agreeing some form of reimbursement or somebody else spys value and stakebuilds or flexes their predatory wings. Maybe even a Q2 update also somewhere in there.

Word gets around pretty quickly though and particularly via GEN-Z through Social media and influencers. The quality of the product and word of mouth off everyone else also sells, and the odd bit of media coverage.

Don't forget all these products start from zero sales and the brand and the range grow and grow, firstly domestically then internationally.

Here's what Matt Moulding said very recently on Linkedin on MyProtein foodstuffs with further rollout of the MP brand to other grocers, international expansion also planned and with Ice-cream Bars and Sticks coming out circa September and also MyProtein branded Cereals, Yoghurts and Cheese also planned.

https://www.linkedin.com/posts/matthew-moulding_brand-strategy-nutrition-activity-7079355031379927040-6cNB

By the way and it is just my own personal view, if people want to wait until this gets well over £1.00 to realise that the strategy on MyProtein is working and paying dividends then I have no problem with that. On a 3XRevenue estimate then for 2022 then Myprotein alone should be worth £2 Billion. But there has been so much going on this year with business deals in big supermarkets, airports, gyms, its probably safe to add a bit. That's just Myprotein alone. dyor.

Would appear that the new range of MyProtein ice-creams that were sold out last week on the Iceland website are now back in stock. All flavours

I actually managed to physically "scoop" up more of them yesterday at a nearby Iceland Food Warehouse.

You can't go wrong at 3 for £10 though it looks like its £4.00 a piece after midnight.

https://www.iceland.co.uk/exclusive-brands/my-protein

It looked like there was a new investor bidding the price up today.

I've got a feeling it's come off Matt Moulding's Dubai Trip. (Either Sheik Myhand or Sheik Ratillandroll perhaps).

Golden Share now gone this is a sitting duck for a next Bid as it is SO undervalued, and all the while trading seems to be visibly improving and with more and more avenues being opened for selling products.