Member Info for Polishcap

Like the market OAH I just don't buy it

Barratt has released full year results today for FULL year to 30. 06

Our full year 2023 isn't released until mid April a full 4. 5 months after the close. Astonishingly late.

It just puts big II investment off and is just irritating to the market

Would be good if you can share examples ihnc as thg is very much an outlier vs other companies I watch

I just get a feeling of its THGS way or the highway

We do GS on our terms

We do standard listing on our terms

We do information releases of 65 vs 35 club on our terms

Listen I'm happy as a sandboy with my stinkingly low average but I want to fight for all the poor souls still struggling to breathe and still under water now 36 months in potentially of their investment since IPO

Let's hope of we stay listed things will change is all I say

Fingers crossed

One another thing that smacks of. Thg arrogance is just how long these results are posted following financial period close

14th September for the June close is too long in my opinion with the vast resources at the companies resource

You've got companies like bakkavor glanbia and others regularly filing within 1 month or 6 weeks of close

Is it too have a mooch at others postings or just a stubborn tactic to delay. The wait only enables manipulation so it would be refrshing for. The lord to get it sharper

Small sample. Size but my driver does say 1 in 2 of his drops have myprotein in

That being said hugely disappointed with Iceland today as with the heat my ice cream came melted :(

Ihnc I take everything moulding says on Li with a pinch of salt after all his let downs over the past 3 years

Ultimately its clear the people that give this company it's life ie equity holders or shareholders are not being looked after by its BOD

Customers are getting amazing products

Suppliers are getting Purchase orders and business

Employees are getting amazing experiences fat salaries and other rewards

The people that fund the cash that give all this opportunity the shareholders. What are they getting at the moment

The last 3 results September 2022 Jan 2023 and April 2023 saw daily share price movements all down by over 10 per cent

This one is huge next week for everyone no. More than moulding

Morning all

There a lots of ways to slice and dice this is it fair and what is a fair number all subjective

People have had lots of input on numbers and price ranging from. 150p to 400+

I haven't commented on it as its very difficult but I believe a fair take. Out would be 220p to 250p range

The current market cap is 1.4bn with the non voting shares included

So the market at this current point In time thinks the equity value of thg is worth less than all the cash thg raised in its lifetime (1.3bn since ipo plus at least 500m as a private company)

So the market values has a value destruction opinion on everything this money has been spent on acquisitions, supply chain expertise, brands, hardware, code, database sizes etc etc

For equity holders it would of been better just putting the ipo money in a 5 per cent saving account and paying out a nice 6p divided to shareholders rather than bother with any commercial activity

This is why the BOD must act on my opinion to get the value creation sorted or if any acquirer thinks the same as the above they have a real nice opportunity. I think it was only mouldings golden share that tharted apollo

Or if it is 44 to 47m they must be pedalling so hard to keep that revenue line flat

One notes glanbia and optimum at 14 per cent ebita

Myp obviously a lot more deal focused and not has strong in farming as glanbia so maybe give them a percentage point but looking for a really solid 12 per cent from. Nutrition ebitda

Can't wait for the curtain to be raised 14.09

Like all the other rhetoric gtc

44 to 47m is not stacking up (relative to the savings mentioned and in context of say 2021)

Plus on demand gone and they haven't traded it all in the first half

Plus they keep saying marketing is trending down with app purchases so no ppc ad spend affiliates one hopes

Note and agree with the Capex housed under salaries comments

Something has to give here. Definitely squeaky bum time for MM

SOFINA hopefully may give us a clue at 0700

Capex number is a load of baloney

No intimate detail give as usual

Only could rationalise it the mystical ingenuity 1bn is actually delivered

Otherwise it's just utter garbage on a flat revenue line when all the heavy lifting is done

2 last rns have contained the lines

"ready to enjoy the fruits of labour past 3 years investments" (April full year)

"everything is In place to maximise value for shareholders" (apollo termination)

Simply will be unacceptable to sofina Balderton and Co for mediocre interims without the bazooka

Yep even 47 to 50m is bang average 75m c declared 2021 50m on let's say 900m revenue scraping 5 per cent. Hmm.

Spend 300m whey a year

Whey is 40 per cent down prudently

300 x. 4 x. 5 is 60m just to nutrition for the half

Add on the 2000 heads gone

Add on the logistics efficiency from automation

Add on the covid logistics surcharges crap that should be gone

Add on hopefully some buyers doing their job and buying better

Has to be upgrades to ebitda otherwise I think the market will punish it without the strategy rns. That's the whole reason for the comeback to 100 let's be honest since may

Time To Show to the 35 per cent club matt we really really are better without apollo. Over to. You

Thanks 1p

Its solid let's hope it scales. I have good experience in pet sector and it's ripe for opportunities d2c vs legacy pharma supply chain partners particularly medicines flea treatments worm tablets etc

That being said same. Principle applies on beauty

Seeing loads of sponsored ads for kielhs, la Roche posay, anthony, d2c website

So we need to be all over this sure moulding and team are but a keratstase or loreal ingenuity deal would really protect any migration from 3rd party store to d2c brand store

We need more news defo on the beauty strategy I feel on the interims

Welcome to autumn

Excellent reduction and further proof what thg said last year was true in that the increases would be transitory

Remember independent experts at glanbia think it will remain for 9 months like this

https://www.clal.it/en/index.php?section=whey

I don't think he should of blabed about staff equity. Inappropriate.

Dilution comes in Jan if we aren't all out of lse by then

Regarding this magic quadrant bllcks more interest in where these whales are moulding and the 1bn of gmv repeatedly quoted

That's what we're paying vivek 400k for surely

Https://www.cityam.com/not-another-one-tech-firm-set-to-be-plucked-from-londons-markets-in-203m-deal/

Gotta love them

They only a shorted a big increase in asos last week

What are they doing are they running or will they be in it when the day of reckoning arrives

Run for the hills

Just have a small long spread on here

Am I reading that moonpig has a larger market cap than asos

Wow wow wow what a fugazi market lse is

No they weren't that is fact not rumours

So they and the other members of the 65 per cent club (Balderton qia Kennedy norges von oppenhurst Marc evans etc) must have been satisfied with the alternatives one suspects

When will the 35 per cent club who most are very loyal be updated one wonders

Our 2nd biggest shareholder sofina reports their half year on 05.09

Whok knows they may want some fireworks from. Thg ahead of their release to the market

Sofina share price halved since 2021 suspect very much correlated to the thg collapse

Fugazi ends

Roughly same ebitda as cult before acquisition. $355m price on 50m sales 9m ebitda

I know it's a brand rather than a store but I do believe cult and derm will show their worth one hopes

https://www.glossy.co/beauty/e-l-f-beauty-acquires-naturium-for-355-million-signaling-industry-appetite-for-ma/

Spot on

+4 Thurs

-5 fri

+6 Tuesday

No wonder moulding is irritated to put it mildly

What a fugazi

Hold it for gold