Member Info for onsolidground

Nice research Crafty

Appears in essence to follow the ethos of Peleton, But without the need to spend £2000 on a Peleton exercise bike or £3400 on a Peleton treadmill. Obvious cross-selling opportunities being worked up also.

Nutrition and fitness seem to be getting a decent strategic push.

Probably make that first hour trades having reached all time lows.

Seems to have worked itself, or been worked, into a position where Retail PI selling (and Institutional Investor selling) has all but dried up and is reflecting in the volumes. Kelso onboard for 5M or 0.4% of THG at 54.5p with some high net worth individuals and shrewd business people behind that fund is keeping PI's holding, mored decent communicationds forthcoming, CLEARLY UNDERVALUED on sum of parts, Golden Share clock constantly ticking down and just about to lose another month tomorrow...

Hard also for shorts to operate here without blatantly showing out and probably obvious manipulation and market abuse and its also hard to sell shares into the market to try and influence people to sell to pick them up cheaper, when nobody is selling. I don't spread bet either, but if I was short I'd be closing and going long.

Just what I think given first half hour trades having reached all time lows.

Can tell you for a fact that the Chicken skewers always sell out quickly. Freezer is always empty or close to empty when I buy.

Don't think it will take long to rack up the next Million sales if selling them 10 at a time.

Very good deal on again at the minute. 10 MyProtein meals for £35 at the moment. Includes the £4.75 ones.

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

To see it starting to move upwards.

Somebody is making a lot of money taking the price down, loading up and then watching it climb back up.

Not too bothered if it does it slowly or quickly too be fair.

Wednesday is the 1st March so in the market for another monthly top up and another month drops off the wait until the expiry of Matt Moulding's Golden share.

it's nice to see that between MM and Kelso we are now getting some decent updating.

Potential of this is massive.

I'm tracking the German retailers to see what forms MP gets added over the next few weeks.

It'll be nice to see if The Times echo this MM Linkedin post, just as they did with the last.

He makes it crystal clear

""The initial range focuses on frozen meals, with Pizza and Ice Cream ranges launching in April. Through the partnership we reach some overseas markets, and where there are gaps, we will look to establish similar partnerships."

The quote you have cited only serves to reinforce this view. The full product conception, design and production is THG's.

They can take it where they wish provided it is outside the markets where Iceland operate.

The bottom of the extract shows the International operations.

Exclusive to Iceland, but, only where it operates.

https://en.wikipedia.org/wiki/Iceland_(supermarket)

Looking forward to the Pizza and Ice-cream ranges when they come out and only just over a month to wait.

"The initial range focuses on frozen meals, with Pizza and Ice Cream ranges launching in April. Through the partnership we reach some overseas markets, and where there are gaps, we will look to establish similar partnerships."

Wikipedia also shows where Iceland operate and it doesn't include Germany, so given what Kelso posted last week then its open season for the German market.

" Congratulations to THG for their first European store deal for nutritional products, in two of Germany’s largest supermarket chains. EDEKA dominating with a 25% market share of German supermarkets, an estimated €63 billon of annual sales.

The REWE Group is a German diversified retail and tourism co-operative group based in Cologne, Germany with sales of €57.8 billion.

Both approximately the same size as Tesco at £61 billion sales."

Always dyor.

Pleasing to hear and I know that I have been doing my bit in regularly buying these meals for one of my family who keeps saying "buy more". Their particular favourites being the Chicken Skewers and Tikka Masala and Katsui curry.

Most pointless piece of tabloid journalism going. if that actually made print it is seriously embarrassing imo.

Its nice though to have an "echo" for when the whales get announced.

Shake to get the volume totals up for the week. (Or to let Kelso or someone else top up?)

And the well articulated rationale for their buy in as Active Investors.

https://www.lse.co.uk/rns/KLSO/investment-in-thg-plc-fz785gdyq1w5hu3.html

54.5p Kelso paid for 5 Million shares or 0.4% of THG.

More madness...

Should be a substantial saving there on the circa $313M they paid out for hedging costs in 2022.

Thanks for that pointer StanleyPro. Nice snippet.

Some come May TLW will have 24% more exposure to the full market price of oil rather than the $55 per barrel. So 60% in total, and with less hedging they will also pay less for the privilege.

Should result in a substantial rise in both profitability and in Free Cash Flow from then forwards.

Pearls from memory this was debated on another bulletin board. Think you pay £20k for the privilege of being able to RNS and then you can issue as many as you want for the year.

Some companies won't issue them unless it results in revenue and profit over pre-determined levels.

But you can perfectly legitimately use RNS Reach to communicate all manner of information that is non regulatory in content.

Happy for Kelso to fill that gap.