Member Info for onsolidground

Until we officially hear otherwise.

If the market wishes to move the share price 30% on what Bloomberg think the outcome might be then that just about sums up Matt Moulding "Overfishing" and "Pond Scum" linkedin posts.

Sky said 2 Industry decent hitters had been hired to advise Apollo on tabling a formal offer.

Indeed and off someones thoughts only thus far?

Simply astonishing.

Looks like a chance for me to get my monthly top up for May.

Bloomberg article link anyone?

Citigroup, Barclays and a few others are institutionally day trading the THG share price so they will have a combination of both long and short positions. One being used to help the other achieve its goal and vice versa.

Looks like we are consolidating around this level until next leak and with those day traders moving it back and forth for their own gain and to tease out any wishing to sell.

That's just my interpretation.

Rude not to.

Over 300p under TERP.

And back up we go.

One persons sell is another persons buy.

Active bid scenario and lets get Apollos bid on the table. They are not hiring in specific advisors without being serious.

Probably best just to buy in in stages and thank them for the dip in a couple of months.

Bank profits are only heading one way

Well if it gets to those sort of numbers then I think many would be very happy. That would equate to both a 5 bagger @THG and the same @KLSO for me.

I like the way he subtly made mention of that number. Totally random of course.

Extremely good numbers.

Somebody trying to engineer some extra luck with a staged fall.

No you are not missing something.

Its £3 lower than the TERP.

That's why there is little volume.

Happy to wait 1, 3, 6 or 12 months till it gets back there (and higher).

Well the Sky article yesterday as much as said that Apollo are serious and looking to table a formal bid.

Given the Active Investors and all other now visible shareholders then even on a lowly sum of parts valuation it will need to be well north of here.

150p - 170p for me as an opener.

Then a 2nd will appear.

Your eyes are not deceiving you. I read it twice and no mention of a profit figure.

Bizarre but lets see how the market interprets it.

Just to clarify those last comments.

The lowest known / publicised bid was 170p.

Nobody new what the Nick Candy / Middle eastern backed consortium had offered.

Things are only just beginning to heat up here.

Bid 1 looks inbound now.

Last time there were bids 2 and 3 with a lowest of 170p and at investor conference call therefater results Matt Moulding stated there were far more than that but some didn't even get publicised.

Don't let your shares go cheaply.

The City is now wisening.

Right up until that Sky News article that blert popped up this afternoon I think most in the city were sceptical that a bid from Apollo would even appear for THG.

Sky article published and what a dramatic change in mindset of both THG and it has to be said KLSO who started the ball rolling with their activist investor stance on THG.

If you wish a resume of the pertinent newsflow that has developed on THG (and without 300 to 500 posts per day) I've been copying it across onto the KLSO bulletin board.

https://news.sky.com/story/former-coty-ceo-puts-gloss-on-apollo-bid-for-beauty-retailer-thg-12871291

Was meant for the THG bulletin board. Strength of volume into the finish is always a good sign as is finishing at or near the days high.

So how do Kelso benefit from the rising THG share price.

Position Number 1. 5 million shares at 54.5p (RNS 31/1/23) At 109p it has x1 bagged.

Position Number 2. "a net purchase of a beneficial interest in an additional 2.4 million shares in THG, which takes Kelso's total beneficial interest, consisting of ordinary shares and CFDs, in THG to 7.4 million shares; (30th March RNS) Looking at the graph and the closing sp on the date prior 29/3 that date it looks like exposure to a further 2.4 Million shares at Less than 63.82p.

Position Number 3. "Kelso today announces that it has acquired further interests in shares in THG plc ("THG"), through a Contract for Difference ("CFD"), taking Kelso's total economic interest in THG shares (held through a mix of ordinary shares and CFDs) to 8.0 million shares." (21/4 RNS) So coverage over another 600K THG shares. Probably contracted on the dip of 17th April and announced 21/4. At 76p roughly though it did dip lower.

Question. What did they do with the £3 Million pounds (less expenses) from the successful placing that they announced by RNS on 27/4 ?

Beginners luck or a high calibre grouping of High Net Worth individuals making their own luck by identifying undervalued shares and then actively investing to create fuller value and truer net worth.

First of many with hopefully the rolling snowball effect.

Last 20 minutes and finished at or near the days high.

Thanks to Sky, who have well placed sources, any doubts that a bid may be forthcoming have been washed away.

Not wishing to get ahead of ourselves but first tabled bid imvho leads to Bid No 2.

Happy, happy days.

Last few minutes.

That Sky News article tells you that Apollo are looking to make a formal bid.

Will be holding all of mines THGR

Polishcap

"2 weeks ago pirates dropped us to 77p

Oke warned what was happening"

That's exactly the day and just about the exact point in my estimation that KLSO took out their 2nd CFD to add to 2 pre-existing positions.