Member Info for onsolidground

By the way Goldenyears I am just another poster on here and will continue to be so. Not after praise or acclaim just a genuine poster and holder.

Sp-28, Hosai or 1pencil are just some of the informative and excellent posters on here.

I don't think you will find that I have ever mentioned THG Ingenuity aside Swizzels. I posted on RevB and THG Ingenuity but on Swizzels only THG. If you can find otherwise then it might be helpful to post the precise sentence.

That said and having thought about it more fully I bet it has the logistics of THG Ingenuity behind it. That would make perfect sense. Swizzels supply to Zavvi which is mentioned (THG) and its website and fulfilment centres take care of the order.

Nice to see some of the chopping boards have sold out on Zavvi.

https://www.zavvi.com/elysium.search?search=swizzels

Well if there is a seller in the market that is unopposed then you can't argue with that. But the two sets of numbers provided by the company are saying oversold and it has been since May and I'm happy to go with someone emerging with a further stake build or for a takeover approach to be made.

At FY results in May.

"The Group reports, subject to audit, revenue of c. £194mil up 42% versus 12mth ending Feb 2021, and Adjusted EBITDA c. £22mil"

Yesterday

" For the full year to 28 February 2023, we now expect between £215m - £225m net sales and adj. EBITDA of between £18m - £20m.

So still looking at 9% growth this year and only a slight EBITDA fall.

Hardly merits 160p at IPO to 22p

Still looking at topping up.

This years numbers compared to last years numbers do not merit this sort of fall. Its completely bonkers.

https://www.licensingmagazine.com/2022/07/04/swizzels-online-with-the-hut-group/

Looks like I get to top up. Question is when.

The Crowman RevB have about $19M of credit facilities, have spent on building stock up for the busier 2nd half and expanded into bricks and mortar retail from c. 11,000 to 15,000 stores for the busier 2nd half. It's in the RNS. Mind you reading RNS's has not been your strong point of late. Weren't you the one that recently misinterpreted Matt Mouldings £821k share purchase and then had to go into hiding.

Aside from the founders who still retain 30% was that the Managing Director is none other than David Forsey. He was once the CEO of Sports Direct which is now Frasers Group. He effectively ran it with Mike Ashley taking a back seat and was amongst many things responsible for its international expansion. Most attribute its success to Mike Ashley and that is certainly true with his acquisitions and delays but Forsey was the CEO engine behind that company for many years.

I'm confident too and its nice to see a stronger start today. If you can actually guess what has been going on with recent volitility then you are a far better person than me.

Managed to find those snippets and it lets you see what THG offers not just beauty brands but the raft of other sellers that it signs up. Most of those sign ups are kept quiet but if you search hard enough you might find they paired with Swizzels.

“The investment in the DTC platform has led to a significant uplift in sales and customers, and growth in KPIs such as conversion rate and average order value. Further investment in the DTC platform was made via a partnership with leading e-commerce provider THG Ingenuity, which went live in January 2021. This has provided the Group with a number of benefits including a global website optimised for mobile with local language storefronts and payment options to appeal to the core customer base of millennials and generation Z. It has also enabled the Group to launch 'Rev Rewards', a points-based loyalty scheme where members earn points on each purchase. Points are earned by engaging with the Group's social media platforms, leaving reviews or referring a friend. Points can be redeemed for discounts, free gifts and free delivery, all of which drive customer loyalty and provide the Group with valuable customer data. The scheme is effective in translating shoppers into loyal customers, with 'Rev Rewards' members purchasing items more often with significant additional spend compared to standard customers”
Also on its growth Growth Strategy

And on its growth strategy

• Further global opportunities to scale in an efficient manner using the partnership with THG Ingenuity.

Amazing 56% fall on what should turn out to be a year in year comparison as follows.

in May they updated with their Full year results.

"The Group reports, subject to audit, revenue of c. £194mil up 42% versus 12mth ending Feb 2021, and Adjusted EBITDA c. £22mil"

Yesterday here is what what was said.

" For the full year to 28 February 2023, we now expect between £215m - £225m net sales and adj. EBITDA of between £18m - £20m.

Revenue still up 9% despite headwinds and not much difference in EBITDA

Yet a fall from 160p at IPO to 25p yesterday

Couple of other snippets on interactions with THG to come later when I find them again.

Amazing 56% fall on what should turn out to be a year in year comparison as follows.

in May they updated with their Full year results.

"The Group reports, subject to audit, revenue of c. £194mil up 42% versus 12mth ending Feb 2021, and Adjusted EBITDA c. £22mil"

Yesterday here is what what was said.

" For the full year to 28 February 2023, we now expect between £215m - £225m net sales and adj. EBITDA of between £18m - £20m.

Revenue still up 9% despite headwinds. i.e not much difference

Yet a fall from 160p at IPO to 25p yesterday

Anyone wishing to put their hands up to those late trades from yesterday.

Never going to be RNS's on these as they are being left till late in the day to conceal bigger activities.

I sat doen last night and looked at all REVB news releases from IPO through to yesterdays update and most remarkable thing about yesterdays fall of 56% was that in May they updated their Full year.

"The Group reports, subject to audit, revenue of c. £194mil up 42% versus 12mth ending Feb 2021, and Adjusted EBITDA c. £22mil"

Yesterday here is what what was said.

" For the full year to 28 February 2023, we now expect between £215m - £225m net sales and adj. EBITDA of between £18m - £20m.

So despite all that was said some who commentated last night were correct in that they should still deliver 9% revenue growth and a slightly reduced EBITDA.

It does seem to be irrationally priced at the moment given a fall from the 160p IPO price and previous growth, 2nd half to come and with it having increased its presence in bricks and mortar retail from c.11,000 stores to 15,000 already to part remedy things and a presence now in 65 countries compared to 45 at IPO.

Yes there are headwinds but for numbers which are projected to be about virtually the the same as last year what an amazing fall. Russia and Ukraine two of them.

I bought yesterday and on what I see will buy more if there is any further weakness.

If you read the RNS then it states there is plenty of headroom.

That's why the fall looks overdone. Given it had also previously fallen in advance.

I swear I'm using an American formatted keyboard.

"bod" should be replaced by "bid".

Statement was made at the time of the Bid withdrawal RNS.

From the bod withdrawal RNS

"While THG is clearly aware of the macro-economic challenges, the Company continues to perform well, and in line with its own expectations."

Then Lord Charles Allen the Chairman buys £1 million pounds wrth of shares at just over 86p

Followed by Matt Moulding the CEO with an £821,000 share purchase.

The share price just seems to be all over the place here in the last few weeks. 160's at one point. Why? Unknown.

215p a few weeks later. Why? Unknown

Better just to hold when its like this imo

Doesn't matter what the BBC think, its what the market thinks and by the share price reaction the market likes it.

They were already killing the market at 70p given the two massive Director purchases and a lowest bid of 170p. I'd say at less than 800k traded in the first hour and a quarter it'll be lucky if it gets to 2 million today. Not my concern.