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My patience btw is a lot longer than those reliant on both volume and margin for profit.

Particularly with the Golden share ticking down nicely by the day and with it the opportunity for next bidders to test the bid appetite of ALL shareholders.

Share price per se is comical.

The MM's have dropped the share price far too low and the supposed 35% of "fast money" are all now parked up or sat waiting on the sidelines for the next capital event, or elsewhere for their quick money. Its clearly evident in the declining daily volumes, even with a dip in the share price. Yesterday being the prime example.

It kind of flys in the face of all that market making is about. Lack of volume and a discouraging large spread are exactly the opposite of what their profitability depends on. So here we bimble along until the realisation finally dawns or next news moves it up to a more satisfactory level.

Not complaining as I like the more stable share price for monthly topping up and which also signifies to me that people can quite clearly see a Sum of Parts well in excess of the 65p ALONE that Apollo valued THG Ingenuity at. Nutrition and Beauty FOR FREE.

During market hours seems to be an extension of the recent trend.

Lowest I have seen for ages and that being even despite a customary dip that not many, if any, are being tempted into selling.

Why would anyone sell?

As the present share price is about 110p less than the lowest in the first round of Bids.

Its still under the price Apollo SLELY valued Ingenuity at (circa 65p) and with 2 highly revenue generating businesses on top FOR FREE (THG Nutrition £675Million and THG Beauty 1235Million)

and

With that Golden share is ticking down nicely.

As we all await the next Event, which next time with the Golden Share expired should be put to the vote to test the appetite of all.

Bearing in mind the pandemic didn't really come to an end until the first calender quarter of 2022, the King Street Town House and The Hale Country Club both seem profitable in the link below, whilst the Great John Street Hotel has been and still is undergoing refurbishment, hence is loss making. So actually a lot better than some suggest.

They may not be everyone's cup of tea but if they all ultimately end up deriving profit from accomodating guests and attracting all manner of custom and whilst showcasing and publicising the groups brands and assisting with sales or accomodating influencers then that's fine by me. E.g Espa products in the hotel rooms and bathrooms, Espa Spa experiences and also with the MyProtein derived menus at the Hale Country Club. The Afternoon teas angle that started the thread btw being just one of the additional revenue streams hotels use to generate income.

We do seem to go round in circles with the debates as I have also highlighted in the past a growing trend towards the opening of Boutique Hotels for the well-heeled and have highlighted in the past Gleneagles Hotel having in the last year opening a townhouse in Edinburgh and Richard Branson also doing the same for his Cruise ship customers and to carry the Virgin Brand.

https://www.business-live.co.uk/enterprise/scale-pandemics-impact-thg-owned-25220313

https://www.heraldscotland.com/business_hq/19723896.gleneagles-edinburgh-townhouse-hotel-opening-announced/

https://www.edinburghlive.co.uk/news/edinburgh-news/sir-richard-branson-opens-edinburgh-26552635

A bit of decadence...

https://www.linkedin.com/posts/danny-lockwood-852602125_afternoon-tea-of-2023-so-far-activity-7070129719903432704-5pub?trk=public_profile_like_view

They would need to RNS any change so I personally didn't think there would be any change.

It does though show how many Matt Moulding has topped up and bought in the recent past. As well as Lord Allen.

Direct lift from the Director deals page.

20/10/2022 BUY Matthew Moulding CEO 12,820,512 @ 39.00p £5,000,000.00

30/09/2022 BUY Matthew Moulding CEO 4,900,000 @ 39.00p £1,911,000.00

29/09/2022 BUY Charles Allen CH 1,250,000 @ 41.12p £513,978.00

27/07/2022 TOUT Matthew Moulding CEO 1,169,000 @ 0.00p £0.00

27/07/2022 BUY Matthew Moulding CEO 1,169,000 @ 70.23p £820,974.00

01/07/2022 SELL Matthew Moulding CEO 3,032,508 @ 82.44p £2,500,000.00

01/07/2022 BUY Matthew Moulding CEO 3,032,508 @ 82.44p £2,500,000.00

28/06/2022 BUY Charles Allen CH 1,150,000 @ 86.27p £992,141.00

28/01/2022 SELL Matthew Moulding CEO 6,926,161 @ 122.64p £8,494,244.00

05/11/2021 BUY Zillah Byng-Thorne RES 25,300 @ 196.20p £49,639.00

05/11/2021 BUY Zillah Byng-Thorne RES 32,291 @ 200.20p £64,647.00

13/10/2021 BUY Damian Sanders NED 16,709 @ 297.56p £49,719.00

06/10/2021 BUY Zillah Byng-Thorne RES 12,174 @ 408.00p £49,670.00

06/10/2021 BUY Iain McDonald NED 25,000 @ 422.99p £105,748.00

21/09/2021 BUY Damian Sanders NED 5,217 @ 560.00p £29,215.00

13/08/2021 BUY Zillah Byng-Thorne RES 98,673 @ 0.00p £0.00

13/08/2021 SELL Zillah Byng-Thorne RES 237,780 @ 0.00p £0.00

13/08/2021 BUY Zillah Byng-Thorne RES 10,893 @ 0.00p £0.00

13/08/2021 BUY Zillah Byng-Thorne RES 139,107 @ 0.00p £0.00

12/08/2021 BUY Matthew Moulding CEO 89,612,682 @ 0.00p £0.00

Spend another 5 seconds on wikipedia and the PBK website link you popped up, as I did on Friday, and you would probably conclude that the "Morvelo" cycling attire brand that THG bought and owned in all probability went to Ashley and Frasers also. Good to see On Demand disposals, cost cutting and possibly some return for the PBK and Morvelo websites, intellectual property, branding and any stock.

Cycling industry news isn't my go to source, although that is the obvious place to look. I found it last week on a 5 second google search on "Frasers + news". Quicker than it took you to write your moanie post.

"Anyone know if PBK sale to Ashley went though? Or is that another deal moulding couldn’t handle the loss of control on? Seems to have dragged on"

Knew that was the case last week. More than just BA though.

Prevention is better than detection and cure, and of course paying the Ransomware demand.

https://www.dailymail.co.uk/news/article-12161347/Massive-cyber-attack-thousands-firms-including-BA-Boots.html

Goodtimescoming,

Are you going to fire off inane comments all night or do 5 minutes research before you post?

Here is a link and a full thread from Friday onwards.

https://cyclingindustry.news/sources-confirm-probikekit-is-now-part-of-frasers-group/

https://www.lse.co.uk/ShareChat.html?ShareTicker=THG&share=Thg-Plc&thread=95C212A9-6FB1-443C-9B3E-C2C883D1F9A5&reply=true

Do try and keep up !!

Saudi production cut and the share price goes down marginally.

Who are you trying to kin?

Yesterdays Derby Winner, Auguste Rodin and the Grand National Winner, Corach Rambler must be on the cards for recruitment as "influencers" Lol.

Seriously though there is big money involved in horses as Equine Co and ADM's revenues show

Exactly Jon Taylor.

Indeed its big business and globally.

You need a bit more than a few scoops in a Shaker for these 4 legged athletes.

Should be a seperate thread really.

Sbb any rise to DS's salary is more than counterbalanced by the fact Matt Moulding does't pull a salary at THG.

Seems to be roughly in line with the increase in CPI yoy, so not excessive.

All those up for re-election will get re-elected. The press may attract a few more No votes but it would have to cause a large swing to cause any major rethinks.

A date for Capital Markets Day will only come when suspension has been lifted prior, as there is no real point otherwise.

Will be nice to resolve the medi-chem over valuation prior to lifting suspension and it shouldn't bee too hard a sell to Allsowrth as any positively transalted outcome should add more to the value of hos shareholding, so what he loses with one hand he would optimistically gain back with the other.

Internet retailers shares are too low so hopefully a nice nudge up for all of them tomorrow on the back of the Alibaba backed Chinese interest in Asos and with Ashley and Frasers Group also hovering.

THG for me, as cheap as any. It simply amazes me that you have a company that has been publicly approached twice regarding takeovers. The first with several suitors and a 170p minimum out in public. Then the most recent bid proposal off Apollo valuing THG Ingenuity Alone at roughly 65p plus, and giving you THG Nutrition (a global £675Million revenue business) and THG Beauty (a global £1235Million revenue business), BOTH FOR FREE.

The present share price is of absolutely no deterrence to another approach and in fact it actively encourages it and particularly with the the grains of sand in the top of the Golden share egg timer getting less and less by the day.

Nice article that and when combined with THG having batted off 2 bids it just goes to show how ridiculously cheap internet retailers share prices have become.

Rumour was that Apollo had BOO in its sights as its next target. Then add on top REVB's recent Interims update and BOO's 25% share there and there are some interesting weeks ahead. Mike Ashley and Frasers Group also stakebuilding as well (In Asos presently)

Hopefully a nice nudge up tomorrow for all internet retailer stocks.

Don't also forget Ashley has just taken a shareholding in Asos and is now the 4th largest shareholder over there.

Good Morning OxfordBull,

Yesterday I highlighted the moving on of ProBikeKit (and also imo the Morvelo THG owned brand) to Mike Ashleys Frasers Group Empire and you commented back for which I am grateful. The aspirations of Frasers Group are perhaps more extensive than you perceive and it may be worth reading the below article and thinking how THG Beauty, Nutrition and THG Ingenuity could align with the Frasers group master plan. I.e what have we got that could feed into the Frasers Group master plan.

Look specifically at Points 3, 4 and 5, the upmarketing of Flannels and how THG Beauty could align, Same with HoF and also how MyProtein products and Activewear could find bricks and mrotar space. Also how THG Ingenuity might assist American, European and elsewhere expansion.

Not as a takeover but as a series of commercial arrangements. Would be a pod of "whales"

I speculate that their ambitions are maybe more alike than you give them both credit for. Getting Ashley and son in law to the table over ProBikeKit may have presented wider opportunity to talk, if not previously already engaged.

Article from yesterday so highly recent.

https://www.retail-week.com/fashion/strategy-spotlight-five-ways-frasers-group-aims-to-elevate-its-proposition/7043836.article?authent=1