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Some strange cats
Have a look at nutrition last 2 quarters pal
It’s in mid single digit decline
Ebitda will also be feeling a pinch after recovery of whey
This is he problem with thg and why now it’s trying to get water out the boat in the form of redundancy
No growth poor margins and no chance it hits 160m ebitda 2024 without a miracle
100 take out
Mad
They probably dish out 12 to 15m quid on uk couriers so that for a start could of went on yodel to sort its operational issues but they probably don’t want to do the hard work
They Thg don’t nothing special currently other than resell courier rates to ingenuity customers they don’t own any infrastructure post it leaving a warehouse vs Amazon Iceland Argos etc top notch after sales
Noted in your other comments
Getting embarrassing this now
Apply wincantons multiple on takeout to card and you get a card valuation of over 900m near 280 pence
Card by the way has a huge ebitda per centage vs wincanton who is low single digits
Does everybody in the city just hate card shops ?
They should of sniffed around yodel which would of turbo charged ingenuity’s offering and would of been very valuable
Don’t think they have expertise though in the team
The commercial model of ingenuity is just so manual and slow probably so many meetings about meetings to check how it will all fit together
Allbeauty and Holland barratt the 2 main ones of scale will take 2 years end to end
They need to get much slicker at it
Hopefully this new chairman will give our governer the Bat fella a good pointer just bizarre how that was not rns and why will he not join main bod
Hi
Does anyone have a cap table with major shareholders ave paid price ave length held etc
Not a happy at this drift it will continue with the wall of silence from the scientists
Need proper commercial animals in here too
Anyone buying the balony the 65 per cent club supported rejecting Apollo is wet behind the ears
The golden share vetoed Apollo and they probably were so offended by mm they think it’s not worth the hassle
Predators will wait if nothing happens here this will collapse like a deck of cards why would you buy this other than a takeout ??you wouldn’t as there are so many risks underlyingly
Charity begins at home
If he’s that kind why doesn’t he give Thg a peppercorn rent so margins can improved
We are probably getting spanked paying eye watering rents of sites that need mothballing or are at 50 per capacity
As ooh ahh says the status quo is Perfect for mm and bod getting tilled
Plus he’s getting a lovely dividend in the form of rents and probably increasing if tracking underlying interest rates or inflation or market
Scant detail ever revealed on the leases
It is truly outrageous governance
Certainly no loyal holding PI is “in the money”
Good for nothing but trading this thing
Any chance of a LinkedIn post on the loyal investors who have stood by this thing ….not a chance we are just collateral damage here
Just think for a second
Cookson has a huge chunk now of Thg
Do you think moulding is ever going to give him the satisfaction of another big pay day
Forget about it this is about kick the can for as long as you can
May I remind you all there is a 500m bond to refinance next year and chillingly no declaration of net debt in the last update
It has gone up from probably