Member Info for Peoplepower1

The worst mistake shareholders can make is to buy more of the shares they hold that are continually falling in price.

Read the link below. Read the figures for fy 2023.

It's all there for you to see in black and white.

The sale of THG represent losses of around £450m for SoftBank, which has been restructuring its investments after posting a record loss in August.

Https://www.uktech.news/ecommerce/softbank-sells-thg-stake-20221018

SoftBank terminated an agreement in July 2022 that would have allowed it to acquire a fifth of THG’s Ingenuity technology division.

Softbank knew in July 2022 Ingenuity was a washout.

Have you looked at the figures for Ingenuity's external revenue.

Here they are:-

2023 £154m external revenue

2022 £159m

2021 £146m

2020 £137m

The only thing that makes Ingenuity figures look good is the internal revenue from THG itself. For fy 2023 internal revenue fro Ingenuity from THG itself is £519.9m. Look at the external revenue from fy 2020 to fy 2023 above. MM is the biggest "c*n". Softbank realised this in July 2022.

SoftBank terminated an agreement in July 2022 that would have allowed it to acquire a fifth of THG’s Ingenuity technology division.

Softbank knew in July 2022 Ingenuity was a washout.

When will you finally learn?

Softbank sold because they knew Ingenuity was a washout.

All you have to do is look at the figures for yourself. They're all there in the fy results for 2023.

Asos have huge net debt of £652m. This is what bidders look at before even considering a bid.

No bidder will want Asos.

Too much competition, revenue decreasing, customers reducing, no profits.

The figures are in the 2023 final year results. Read them. They show you how bad this business is.

THG record £519.9m internal revenue for Ingenuity from THG itself. Great for making Ingenuity look better than what it is.

MM is a shark. Softbank discovered this and got out quickly.

It's your money to lose.

And look where the Boohoo share price is now, 26p.

Try to learn.

THG have huge net debt of £577m and this is what bidders look at. There's no chance of bids for THG.

Please remember the only ones who will know the real situation are the CEO and the CFO. Frasers won't know.

Adjyta is only for their USA Jaypore brand. USA Jaypore Brand will use Ingenuity and that's it.

Don't you ever read these so called sign ups for Ingenuity.

Frasers Australia only have signed up for Ingenuity and not Frasers UK.

Frasers in Australia only have signed up to Ingenuity in return for Ingenuity putting Frasers Plus Payment System Buy Now Pay Later on Ingenuity and used by Ingenuity.

Fraser have also bought yet another loss making subsidiary of THG, Coggles.

MM is well known for paying too much for companies and then they fail.

Yes, now they all know Ingenuity is a dead duck. MM hyped ingenuity to a £5 IPO and even higher so everybody knows now that THG are nearly bankrupt.

Look at the balance sheet for yourself. Huge net debt, revenue falling, ingenuity a washout.

Internal revenue for Ingenuity of £519.9m, all from THG itself. MM is a shark eating up all you small fish shareholders.

There will be no more bids. Everyone can see it except you small shareholders who bought these shares at well over £2 each and can't nor won't admit you're wrong.

It's your hard earned money to lose so look at the figures for yourself.

Fy 2023 154m external revenue for Ingenuity

fy 2022 159m external revenue for Ingenuity

fy 2021 146m External revenue for Ingenuity

fy 2020 137m External Revenue for Ingenuity

All internal revenue for Ingenuity comes from THG itself and to my mind needs to be totally discounted from THG's total revenue.

Now you can see above Ingenuity is not the be all and end all as it has been hyped.

Hence why there'll be no bids for THG Ingenuity.

Beauty and Nutrition have too much competition, so no bids for these.

THG's balance sheet is extremely precarious, so be careful with these THG shares.

Yes Boohoo will be a forced seller here too.

The eternal bulls still fooling themselves.