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OxfordBull whereas I can understand a degree of scepticism think if you re-read the Trading Statement from yesterday most numbers and any accompanying comments have been made to the end of H2 which is in a weeks time. So they are about as certain as you can get. Yes Full years guidance has also been maintained and in my view, and it is only that, each new product launch, placement into supermarkets or other mediums, additions of Spa clients and THG Ingenuity business will assist it getting there.

I suspect had the share price risen further yesterday or today then we wouldn't even be having this discussion.

Personally I think THG, after yesterdays update on the Golden share being instantly relinquished, will see at least 1 more takeover bid prior to any September update. That's if it is not subject to a UAE backed take private deal first.

There are plenty other stocks out there if unconvinced.

Updated with the Myprotein Ice-creams. scroll down. Presently saying "Coming soon"

Official date is the 27th June. Should be 3 for £10.

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

Https://www.linkedin.com/posts/ryan-hinchliffe-739b4b59_well-look-whats-landed-our-three-yes-activity-7077287428469714944-lT-_?trk=public_profile_like_view

Its a strange old world in the City of London and one that never ceases to amaze and surprise with the constancy of dampening good news to Rinse and Repeat.

Brilliant Trading Update yesterday off THG, Golden Share gone also in a flash (and a highly significant move) and another highly competent addition to the THG Board, as well and bringing and balancing more female talent into the Boardroom.

But here you go. Virtually from 11a.m. today onwards courtesy of mainly spread movements you could accumulate shares @THG cheaper than the closing share price the day before the announcements yesterday.

So here we go again. Read the RNS from yesterday and ask yourself if that should have "added value" or taken anything away from the share price.

https://www.lse.co.uk/rns/THG/agm-trading-statement-3tiv1rcjrlybudy.html

https://www.lse.co.uk/rns/THG/changes-to-board-composition-r90hhkdvd78dxw8.html

Just also keeping things in context, lets not forget the momentum that was also building prior, with MyProtein Ice-creams in Iceland stores in 4 days time (27th June) which should build a few more healthy sales at MyProtein and the Golden Share going comes only 5 days after MM's recent Dubai trip.

https://www.foodbev.com/news/myprotein-to-launch-new-range-of-high-protein-ice-cream/

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

Fortunately I've had a good afternoon switched off and watching the Gold Cup and the racing from Royal Ascot.

If its cheap you just say thanks and add.

BOO down less than 1%. Asos down less than 1%.

Just for the avoidance fo any doubt. The special share is GONE. Full stop

"Corporate Governance

THG also announces that it has been notified that Founder and Chief Executive Officer Matthew Moulding has today transferred the Special Share held by him and, as a result, all rights of the Special Share have now ceased in accordance with THG's articles of association. The Special Share will be cancelled by THG."

A few Director buys imo would only lead to traders banking a return.

CARD has to be the pick of the bunch retailwise due to the inexpensive nature of the products sold and with the Paperchase no longer.

To top up time imo

AnacottSteel1 sound words. With THG a lot of the revenue generating businesses were bought because they were anti-recessionary, and resilient to interest rate rise. People going to the Plush hotels, the Manchester Townhouse and Hotel and the luxury Spas don't flinch an eyelid at the prices. In fact with Millions and Billions in the bank they gain more to spend off any rise in Interest rates. Good point also made on the The age demographic for MyProtein and MM has openly said it was bought due to it's anti-recessionary appeal.

Trading update only yesterday also said as much.

a new peninsula hotel due to open in london on september 23. completely different class of customers. most with millions and billions in the bank or on business expenses or corporate hospitality.

looks like another win for espa spa's

https://www.dailymail.co.uk/travel/article-12214795/first-uk-hotel-luxury-peninsula-chain-open-september-one-londons-s****iest-postcodes.html

dyor

https://www.peninsula.com/en/global-pages/wellness/page-content/three-tiles/exclusive-sleep-ceremony-by-espa

June top up taken on the dip. Thanks MM's

If you had given me these prices 2 days ago given the Golden Share going and the trading update yesterday then I would have snapped your hands off. Just did.

I'm sat looking at around 30 shares I actiovely follow and invest in and THG, despite all of yesterdays news is down 5% more than any of them. Boo for instance being one.

It just makes the percentage gains on any now next accelerated Capital Event that bit better.

The problem Taverham is that there is a massive disconnect between raising interest rates and thinking this will cure inflationary pressures. For some there is a direct resultant effect but for a substantial amount of people that is not the case. It doesn't directly affect the following classes of people.

Those fully owning their own homes

Those on Fixed rate mortgages still with some time to run.

Those living with their parents (e.g. Gen Z - a lot of 17 to 25 years olds and older in some cases)

Those living in rented accomodation (council or private)

In addition those with savings are now seeing a circa 4% to 5.5% buffer on savings they never had.

Its is the Givernment and not the Bank of England that in my view need to interject and act. For many months the term "greedflation" has appeared and the companies guilty of this that are using inflation as an excuse for pumping up prices by higher than inflation. Speak to any housewife or househusband and they will tell you many tales of woe. Try for instance a 6 pack of Walkers Crisps £1.25 to £1.95 or the likes of Calgon for washing machines £5.00 to £8.00. (I do listen to my good lady) You need to tackle those excessively pushing up prices and to profiteer from the situation. Ultimately if too expensive people substitute and use other products or boycott.

More needs to be done to get energy prices down (Government) and Oil prices (acknowledging some drop in prices) as these are "Core Ingredients" of most production processes.

Start tackling these things rather than punishing aspiring homeowners and you may have more success.

Btw, If banks gain from rate rises and don't fully pass these on to savers they will continue to continue to gain. Yes there may be repossessions but Banks are shrewd enough to have over made provisions in these and repossessed houses get sold on and generally it is the unfortunate previous owner who ultimately foots the bill.

All that said LLOY is looking decidedly cheap again.

Just my thoughts.

In the past price drops here @THG have generated a lot of volume. Not any more. There have been 4 recent drops and all of which have been left with little volumes traded and a muted response. Same again this morning and probably more buys and re-buys than sells.

The job of the market maker is to set the price to try and generate profit through volume and the spread. The job of investors is that they can either take the price or not.

Who on earth would be tempted to sell at these levels given yesterdays Trading Update and also the Golden Share having gone and having brought forward any next Capital Event by two and a half months. All the good news from yesterday has recently been worth about 1p.

Mr Moulding rightfully has taken aim at HF's, Journo's and Analysts but somewhere in all of this, those who set the price are also in part responsible for where the price lands.

Add them all together and that is why Bids appear, companies delist, relist elsewhere or indeed list elsewehere and get taken private. But the wider picture that gets missed is that ultimately it's the City itself that loses out as time progresses with progressively diminishing pots of revenues for all behind the scenes reliant on vibrant and constantly reinvigorated shares: bankers, lawyers, brokers, spread betting companies and the market makers, even HMG through stamp duty.

Anyways two sets of Bids in just over a year, both of which 170p and above and says the share price is miles too low. At some point off the back of the improved trading that got highlighted yesterday it moves upwards or bring on the next corporate event or the Dubai inspired Plan B.

Actually the Times article is a fairly balanced article for once and does report both sides, including many of the good things that came out of yesterday. The only flaws that I can see are that they seem to infer that the retreat from the Apollo Bid was due to losses when the real reasons were publicised. Latterly mentioning Numis given the history of THG calling the company and analyst out on several occasions is a flaw.

But, overall they got the Golden Share going in there as their number 1 and the improved trading as well as Barclays for balance. (Barclasy as the Buy side and Numis as the Sell side)

Happy to settle for that and people can actually make their own minds up. The significance of the Golden share going makes it open season for the next BID, although many suspect there is also a Plan B behind it.

Given the strength of the trading update and moreso for what is about to be unleashed by the early relinquishing of the Golden Share a 77.8p finish seems to be an injustice.

Can only think the same Fugazy market is now loading up and doing so without causing any large moves in the share price.

The End game draws ever closer...

I'll be surprised if there is not a next tabled bid within a month.

Going on today.

Approaching 11 Million traded by lunchtime / start of the AGM.

Somebody likes !!

It was a good ploy by THG HH to get you to advance register with Equiniti (The Registrars) who would then check you had a shareholding and enable your access.

Keeps the audience sensible and not anonymous.

Only problem would be if Matt Moulding lets slip that Apollo were offering 225p or 225p to 250p.

Then try buying back quickly what you sold.

Best of luck though

It's now starting to move. Can see this now developing into a bidding war. Apollo back at the the takeover Panel to relaunch it's bid (they did do a lot of due diligence) and in all probability a UAE take private deal. MyProtein going good guns also might prompt a coveted partnership deal.

That Golden Share removal has just made everything all the more interesting - and appealing.