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Don’t trust the prat at all..that LinkedIn post today sums him up..the bit when we says he can dedicate even more time to THG is a calculated comment and a middle finger up to anyone not part of the 65% club…rue the day I ever put my hard earned money on this company on the promises of premium listings, spin offs, strategy update..all complete lies from the prat
Firmly in the 50’s..they have been teasing us for the last few days and dropped it to 60 exact..RNS issued noting dilution..drop incoming..almost like they knew when the RNS was going to land..note the RNS says nothing about what the performance targets are..I’m guessing ‘who ever says, ‘Matt I like you’re muscles’ the most gets 30mil of equity in the company..Matt the twat
Look I don’t agree with Steve on a few posts and would like to see acknowledgement of some of the good things..albeit they are few and far between. I’m a long term holder who is really really frustrated and get the same vibe from Steve..how can anyone be happy the this company and CEO and the SP performance (please don’t blame the shorts)..Matt is a liar..FACT look at some of the things he has said in the past about spinning off ingenuity, beauty, premium listing…etc etc. he’s not trusted by the city and quite rightly so. He bought a gorilla to put in reception from shareholders money, he consistently dilutes the shares to reward what? He over charges the company on rents, he carved out the property before listing , he doesn’t let shareholders know what offers have been made for the business so we can understand true value, he rants on LinkedIn, he try’s to silence media / companies that have something bad to say about him..I personally want out and if we get viability of an offer and it’s £1’ish I’m getting far away from mad Matt. I mean look at this tie up with Jimmys..show me who has reported on it? I even looked at social media and can’t find anything..the company is stuffed full of these idiot influencers and not one post from anyone? Horror show, it feels like bad news is coming again and I’m kicking myself for being here again..
Ultimately Matt appointed Vivek..to find out 2 years later that he’s not upto the job..is rubbish (I know this is speculation)…departures around March/april can be to do with pay/bonuses/promotions and lack of . I’m sure it will come out in time…anyway down we go until we get news which won’t be till April as Matt likes to issue any good news when issuing horrendous news to try and mask the bad news..the prat.
All this is useful and I love all the ESG and net zero, equal pay, charity work etc they do. They are best in class at a lot of these things in comparison to other companies..however the SP performance is a horror show and there really has to be a conscious effort from the board to focus on this a little bit..the SP needs a shot, not even a big one as such..if we were sat at £1’ish I’d be much more comfortable as would so many other LTH (not all!)..I seen posts on LinkedIn from THG about international woman’s day breakfast and a massive breakfast spread..I just can’t help but think..when are we LTHs going to get our croissants!!
I have a grievance with the sale and how it was done, however was aware of it and actually helped amend some contracts to facilitate it (story for another day)..I’m more bothered about the rent value and the fact we are paying top dollar..the world has changed massively since the leases were agreed and every tenant I know managed to renegotiate substantial reduced rents on commercial properties..we haven’t ..I wonder why..the NEDs are are truly useless
Not one story in the press about this tie up..the company is as unloved as ever because of our CEO..horror show, keep posting on LinkedIn Matt so your little gang can tell you how muscly you are..you complete crook of a man.
It matters because Matt has a conflict of interest as our landlord and someone should be asking questions about commercially viability..the world has changed since the original lease was signed..every tenant has renegotiated vastly improved rents as the appetite isn’t there for large commercial space..this is why I think he told staff to get back in the office as it would make the properties appear full..the guy is conflicted in his current role..FACT
Buy CITY AM to try and control narrative with media..buy up Kelso shares to silence them..at least they might have called him out on this additional dilution and impact to long suffering shareholders..DICTATOR MATT..CONTROL FREAK..the NEDs might as well just walk away as they are as much use as a glass hammer..horror show.
The linkup with jimmys for these coffees and the pancakes with Morrisons and Tesco didn’t even warrant an RNS..no material impact to bottom line..yet give away 30 odd million of shares to employees for not impacting bottom line..30 mil is massive especially when the workforce numbers should be decreasing. I suspect Vivek didn’t get his bonus hence why he’s walked away…or they offered him 50k of THG shares which he probably laughed at, the shares are going to be worthless at the rate Matt is diluting them. Horror show every day with this SP..going to be taken well into the 50’s today even on the back of the good performance in US yesterday
It’s all so frustrating..he issued the RNS and the supposed good news at the exact same time at 4.15pm..he’s a villain in my eyes now with no regard for the shareholders apart from his pals..the NEDs’s need to start asking some frigging questions about what the hell he’s doing when the SP is at near year lows…shambles, horror show, ship show..call it what you want but he’s taking us for mugs..THE EXACT SAME TIME HE ISSUED RNS AND THE LINKEDIN POST..WHY DO THAT IF YOU ARE NOT TRYING TO GO UNDER THE RADAR WITH MORE BAD NEWS FOR SHAREHOLDERS!!