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Babyboom, it's just herd mentality of the hedge funds that sends this down, and I suspect we only ever see the tip of the iceberg with many sat just under 0.5% public disclosure threshold. It only takes a couple at any one time to tip the scales.

What gets me, is why with this shorting mentality THG continues and continues to pursue revenue growth at the expense of profit growth and dividends, indeed any type of shareholder friendly approach and is essentially a not for profit organisation. Same people pursuing the same goals.

When that worm changes then you would think there will be some spectular gains to be had. Until then, there is hardly any deterrence for shorters. Ocado you could argue is similar.

AGM approaching. It would be nice to see some changes.

I know everyone keeps posting about the imminency of the VAT refund which will be great both immediately and moving forwards, but equally as big a catalyst could be a Board reshuffle, and perhaps the Chairman deciding to step down.

Kelso attempted in June 2024 at the AGM to get this to happen and although there was a discontent vote expressed it fell short on numbers.

The share price back then by the way on the 21st May 2024, the day they announced their voting intent was 74.1p.

Today it is now 32p.

So great work all who voted to keep the status quo. Same people in the same key positions effectively and still nothing pecuniary at all for shareholders. No Profit and still no dividends and a very noticeable loss for those who have kept the faith.

I mention it as there should be an AGM announcement popping up either this week or next.

https://www.ajbell.co.uk/news/articles/kelso-vote-down-chair-re-election-next-thg-agm

Investor 95.

It wasn't just Spire Helathcare today. Tate and Lyle also got a bid.

Legal and General also rose on it potentially being another.

THG has to be one of the cheapest shares on the market, not just completely forgotten about whilst markets have reached all time highs.

Can't be far off another approach.

Jon you don't know that they took a 0.52% position this week. They could have been hovering at 0.49% just prior, not needing tp publicly disclose and probably like many others.

So you then buy 0.03% and everyone thinks a new short has appeared. Frightening, shocking, shaking in your boots, horror show, sell all I have before the price collapses.

The unfortunate part of being the last one in is that everybody can see the present share price and market cap is only the midpoint on an opportunistic Selkirk bid, with the full of THG Beauty for free, and most if not all will have got wise and be buying in layers to take advantage of the low prices.

Imo

Struggling for sellers again so interested to see how this jumps from just over 2M at 3pm to what is normally 5 million or thereabouts at close.

Being set up for the UT perhaps (Again !!)

110notout they are definitely not the friend of long term holders, hence they are referred to a short and distort

But the price they manipulate is the price that is actually there for all.

THG whole is valued at the mere midpoint of an undervalued and opportunistic Selkirk bid for only THG Nutrition. The £1.25 Billion worth of Beauty businesses, generating £1.1 Billion revenue you can have for free.

The Rayner comment btw, was tongue in cheek.

Volume swell of about 1 million.

Just wondering where the stock has come from?

Again !!

Deliberate lack of buying, and sellets and then plenty being picked up on the cheap when 30.5p or just under is reached, and it looks like it was managed into the UT by the small trades.

To some this is their invested life savings and wealth, to others it's just a game of trickery and unregulated theft imvho.

Let them do the work for you and then layer in knowing plenty at the same price and those above all have to buy back if they wish to close.

25th June last year on the date of the AGM the share price finished the day at 31.72p

Today, right here, right now 30.78p to buy.

Many successive quarters of growth, debt refinanced, Claremont ingredients sold, substantial holdings increase by the founder MM ???

Can't be many left out there with such clear and obvious undervalue.

£488.3 Million

Lower end side of the opportunistic Selkirk Bid that was dismissed on a number of fronts, the number one of which was value.

"Unfortunately, after consideration by the board of THG, the Offer was rejected based on (i) valuation, (ii) proposed structure of the offer (iii) the deliverability of the offer and (iv) a lack of certainty that a newly listed MyProtein would have sufficient stock market trading liquidity. Whilst we respectfully disagree with the conclusions, we would like to thank the board of THG and their advisers for their time and efforts in considering our proposal.

Where we are completely aligned with the board of THG is in its conclusion that MyProtein is a world class brand with tremendous growth prospects, but which is currently dramatically undervalued by the UK market. Whilst Selkirk is no longer in any form of discussions with THG, we reserve the right to reconsider this in future should there be a change in circumstances."

But hey - What about THG Beauty.

Over £1.2 Billion worth of high quality NON RECOGNISED businesses - generating £1.1 Billion of Revenue. Pretty good table in the wikipedia link below.

Arguably all valued at Less Than Zero

https://en.wikipedia.org/wiki/THG_plc

#The present whole company valuation is less than the upper end £600M Selkirk offered for THG Nutrition

Just correcting £ from the erroneous $

Could it be

#The present whole company valuation is less than the upper end $600M Selkirk offered for THG Nutrition

#The extra £1.2 Billion of THG Beauty assets and £1.1 Billion revenue achieved by High Value Non-Recognised businesses

# Pending £78 Million Vat news

# Potential assets sales

# Closing gap to the AGM and any accompanying trading statement. Might we see a reshuffle.

# And with the iniimitable shorts closing and those in the know buying, as per the course.

It's a patience game at these levels, and layer a few more if it gets any cheaper.

Imo

He won't take THG Nutrition private without the obligatory second call on the same existing investors for a discounted placing.

Mr Market might be trying to force his hand.

He would be far better stepping aside and into the shadows like Stelios did at Easyjet, and bring in a CEO in who is preperaed to thoroughly review the business top to bottom and put a plan in place to recover shareholder value which is there.

Is doing a pretty determined job in trying to keep this share price down.

And succeeding.

It ls hard to work out who it is.

Here's the question which the CEO / Board of Directors should be tackling.

So many "High Value UNRECOGNISED Businesses"

What is the strategy to get them RECOGNISED and delivering SHAREHOLDER VALUE?

Surely it is not unreasonable to grow some of them into an individual track track record of profitability and then have a further expansion plan feeding into an IPO to assist, retaining a stake. ESPA, Lookfantastic for instance spring to mind.

So much DORMANT VALUE just sat there waiting for the next Christmas, and the next, or a satisfactory bid to materialise.

"The movements over the last few weeks are as a result of an mm forcing trades. He taks the sp up, and then takes it down. All the time generating trades.

In my view this 'up and down' action will continue until the VAT RNS which may be 3 weeks away yet."

You could well be right in what you say VCB2, but equally it could be shareholder like say Mr Ashley or another trading the share with CfD's

There always though comes a point with THG where the market looks like it has lost its marbles in valuing the company. It always does look that way relative to the metrics of APN.

Last THG results were good give or take a few points, even better they didn't do an analysts meeting. Markets themselves are pushing on again, near all time highs, and here is the good old punchbag THG having retraced by nearly 30% since the last update.

So leaving a market cap tonight of only £490.02 Million for both THG Nutrition and THG Beauty.

Selkirk, opportunistically imho, offered between £400M and £600M for, ONLY THG Nutrition. So tonights market cap is in the lower half of that Selkirfk Bid range. Rebuffed, due to several reasons, one of which was the value.

https://www.ajbell.co.uk/news/articles/update-thg-rejects-ps600-million-selkirk-bid-myprotein

Claremont Ingredients has then been sold since the Selkirk bid and £103 Million raised, to in part reduce debt.

Vat Refund has also popped up since.

Then you have THG Beauty.

# A £1.1 Billion Revenue business.

# Consisting of over £1.20 Billion pounds worth of businesses

# Effectively all for FREE.

Cult Beauty. £291.3M. 2021

ESPA. £68.2M. 2017

Bentley Labs. £180M. 2021.

Dermstore. £260.9M. 2020

Bentley Labs. £180M. 2021

Lookfantastic. £19.4M. 2010

Christophe Robin. £44.7M. 2019

PerriconeMD. £51M. 2020

Illamasqua. £16.9M. 2017

Eyeko £16.5M. 2018

Acheson and Acheson. £52.8M. 2018

Biossance £15.7M. 2023

SkincareRX £4.4M. 2016

Glossybox - £17.5M. 2017

Grow Gorgeous - Undisclosed. 2016

Total paid for Beauty businesses = £1219.3 Billion.

All "High Quality Non Recognised Businesses" in their own rights.

https://en.wikipedia.org/wiki/THG_plc

It would seem that the bulletin board police and the moderators have just removed two (2) of my Sum of Parts posts which were actually POSITIVE in nature and highlighting the present valuation gap in the present market cap to the previous Selkirk bid, and the free value of all the Beauty businesses.

You actually couldn't make it up.

I'll leave the bulletin board to publicise Linkedin and to draw attention over there instead.

GL all.

Cong what gets me more than anything is that there is no concerted buying of this share price despite the falls.

No II's are biting the market makers hands off at 30p.

All those "High value, non recognised businesses" yet no apparent plan either to sell this point to Institutions and The City.

It just means whoever has an algo can walk the price wherever they like as there is little resistance.

Just got to hope that their end game is picking up the shares of any that are being squeezed into selling.

Why post?

The same always happens to the share price when these linkedin posts translate onto this bulletin board, irrespective of content.

Someone appears to be watching this bulletin board and playing it with algorythmic trading.