Member Info for Pmh198

When will this horror show end..

I said it this morning as soon as I seen that he had upped his Kelso stake..it really is a bad look for MM and I’m surprised he’s not better advised or can’t see himself what this looks like. Really shows that he’s a control freak and cannot take criticism..I’m all for someone being stubborn and sticking to their guns if they have delivered shareholder value but MM has done the complete opposite for shareholders.

The SP has done nothing and treaded water for years now having been battered..who the hell is happy here apart from MM - complete control freak who is a proven liar. Horror show, and I’m staring to loose faith that we are ever going to see Shareholder value with MM at the helm.

Shows the type of person he is..not a good look..

Held up well this week..really need to keep good news coming in the form of RNS’s..the boots one feels like it should have been. Nonetheless good close to week..one day our patience will come good LTH’s..

FYI there is a chap on LinkedIn Chris McGale..ex banker from that I can see, has posted a couple of things about THG today..short squeeze and potential corporate activity…one day Rodney!

As a long-standing shareholder of THG Plc, holding approximately 1.6% of the company, my commitment to its sustainable growth and proper governance is driven purely by considerations of shareholder value, devoid of any personal emotion. I fully support Kelso Group Holdings’ proactive stance in addressing critical issues at the forthcoming AGM.

The current market valuation of THG starkly underrepresents the sum of its parts, a view supported by independent evaluations, such as the recent coverage from Peel Hunt. This valuation gap is largely due to strategic stagnation and a lack of transparency from the current leadership, as highlighted in Kelso’s recent communications.

It is crucial that we take decisive action now. I urge all shareholders to recognise the long-term benefits of the changes proposed by Kelso, particularly their intention to vote against Resolution 5 concerning the re-election of the Chair. Our focus must be on strategic clarity and enhanced governance to unlock the true potential of THG.

Together, let’s ensure our investment decisions are measured, objective, and focused on driving shareholder value.

We’ve had plenty of false dawns here..believe you me any LTH here knows this is a horror show..if your avg is sub 60 it’s all well and good being positive and banging on about a 20%+ uplift ..that’s how Matt might convince himself he’s doing a great job..shareholder destruction and no real shareholder value created for a long time here..don’t be blinded by the recent uplift, this can drift back down very easily and it feels like it’s happening again..pop before lunch, then bobs along and then finishes at day lows..happened time and time again here..

Very similar to yesterday so far..let’s see if we end up red at a daily low..when will things improver here, it’s a horror show

Doesn’t say that much..just about Klopp leaving Liverpool and the great job he’s done…synergies with MM leaving THG..chance would be a fine thing..

No doubt profit taking will happen today so I’m expecting a retrace in SP..can live with a 1-2% pull back..just not 8-9-10%..if this pulls back to sub 70..things are not changing and we’ve been played again (and again, and again, and again)

MyProtein posted on LinkedIn about 1 hour ago.. they are now selling 80 products in Boots stores nationwide...

Thanks canary..interesting and exactly what these forums are useful for..

Always good to see CFO buying big..oculus they are not doubling Manchester staff..Blackpool I believe which means probably about 30 people…let’s not get ahead of ourselves, still positive all the same.

Oliver Cookson post on LinkedIn 4 hours ago..he’s getting very vocal..some interesting reply’s aswell..

"Do you regret selling Myprotein?" "Did I sell too early?" are common questions I get asked.

I've generally chosen not to discuss this aspect publicly because I value privacy in these matters. However, when discussing the Myprotein sale, I realise that omitting this part of the story doesn't give a full picture of the circumstances. It's important to share this context to provide a clearer understanding of the decisions made.

When considering the decision to sell Myprotein, it's crucial to understand the full context and my strategy at the time.

Initially, my intention was only to sell a minority stake to PE.

This was my decision instead of taking a bigger cash out because of my confidence in MP.

It was the #1 in Europe.

It would be #1 in the world.

This would enable me and the senior management team to drive the business forward for another 3-4 years, with plans for a IPO or another investment round.

I was determined to avoid any unfavourable PE provisions, such as 'bad leaver' or 'swamping', and was also adamant about avoiding typical PE tactics like 'chipping' after an exclusive due diligence period.

Unfortunately, one large unnamed private equity house attempted exactly these tactics, and we consequently ended our discussions. They later remarked that 'the one that got away.'

As for The Hut Group, the situation evolved in unexpected and unfortunate ways.

Upon selling, I believed THG was financially healthy, reporting profits of c.£6m per year.

This was a significant factor in my decision, especially given that Myprotein was a larger and more robust business, with legitimate profits of over £5m annually and positioned in a rapidly growing market, unlike THG’s CD-selling business.

However, it was later unveiled that THG was actually suffering losses of £1.1m annually.

This discovery, confirmed to be fraudulent by the High Court - which awarded me significant damages.

It became evident that there had been deceit not only from THG but also, regrettably, misconduct from one of my own advisors, who, I later learned, had vested interests.

I typically don't dwell on regret as it serves no purpose, but valuable lessons.

The decision to sell was based on the best information available at the time and was aimed at securing a stable future for my family for generations.

Importantly, my strategy included rolling over 50% of my stake into THG, as I was confident in MP's trajectory to become the world's number one, building on our status as Europe's leader.

Had I been aware of THG's actual financial state, my decision at that time would have been different.

Reflecting on this, the experience, though challenging, has been immensely educational.

It has underscored the importance of transparency and the critical value of having trustworthy advisors.

These lessons are now integ

LTH have been lied to..recent updates make reference to ‘long term shareholder values ‘ which means ‘don’t expect anything in the short term’ a.k.a you’ve been lied too for the last 2 years…horror of a CEO.. you mention you read ‘chat rooms’ hopefully you read this, you twat …get us some value!!

Amen oculus..your frustration is shared, only thing that’s giving me some comfort is that I think something has to happen before the AGM as it could get embarrassing for Matt and his pals if a rabbit is not pulled out!

Goes to show how deluded he is..he is literally contributing to the SP decline and appears to have no immediate plan to try and generate shareholder value..complete horror show of a CEO of a listed company..imagine complaining about something for so long and not to do anything about it..prat of a man

Decent uptick in beauty..holding the prices on myprotein was a disaster.

I struggle to see what is changing here..

1) giving shareholders less then 24 hours notice about trading update and conference call - again

2) nothing about strategic update

3) where Is Lord Allen that is being paid £400k?

4) premium listing news?

Shambles really..seen it so many times before…small uptick today and it will drift back down to mid-high 50’s..

The afternoon drop to then close at the day low is typical of this horror show of a share..Matt the prat

Chap on LinkedIn from THG taking positively about the Homebase tie up and sounds like it’s still happening…ingenuity website article also.

It’s going lower unfortunately..moulding has allowed that to happen again..delay the T1 update, everyone is expecting another miss (don’t believe the smoke and mirrors ‘adjusted’ BS)..I can see it drift low 50’s again..horror of a CEO l, would love to punch the smug LinkedIn bragging prat