Member Info for ProxLDM

So it is this board they check then...

https://www.thg.com/group-structure -"Our Strategic Priorities" 2 different browsers and your text box is messed up, have it fixed. (Click the link and just look at the web page - It actually makes me laugh this is an E-COMM business FFS)

https://www.thg.com/divisions/nutrition - Remove Ingenuity from 'Our Businesses' section of which links to https://www.thg.com/divisions/ingenuity which is dead anyway....

Joanna, can you please have someone from your team go through the websites to check for dead ends/links we also need rid of Ingenuity and show complete separation the only place it should be listed is within the demerger agreement or within the previous years trading statements/Q updates.

I hope these IT issues aren't leaking into our revenue generating sites... Lost conversion? Loss of revenue?

Honestly. It's F'n embarrassing THG. I've found 5 errors within different pages of THG main site.

If they can't even get the MAIN site right how the F are they going to do it with MyProtein, Look Fantastic etc...

There is literally nothing to turn the tide between now and results...

Results day comes we'll be 1 £1.72B turnover company with an MCAP of £390M the mismanagement of funds and multiple years of failures have been ignored by the BOD & Chairman.

MM has played this out a BLINDER! Honestly, fair play to the main shafting every single person in the process.

Ask yourself this... What's more powerful his golden share or the convertible?

You'd have to buy the company out, pay off the convertible before dec (Or before F knows what's going to be agreed for him to convert early probably 10% convertible done when THG shows signs of recovering)

The debt is better & FCF + but this is ridiculous. 0 confidence in the company leadership.

Shorts, THG Management & MM won - Everyone else has been screwed inc IIs

I was going to reply this morning

"Thank you

Slightly less disgruntled shareholder with a mere 500k holding (your dog does own more)"

But thought against it as I may end up blocked for spam here so let's not push it.

morning,

i wouldn't normally email as quite frankly it'll most likely end up in a spam folder to be deleted.

but what the **** is going on? fix the basics!!!

update your website......

https://www.thg.com/group-structure/our-business-model - links to 404 (great job) the one thing an investor would look at when choosing an investment yet you can't even get this right.

https://www.thg.com/group-structure/our-strategy - why do we have homebase featured on the website? is it because they're an ingenuity client? great - ship them off to the ingenuity website along with the job section for ingenuity.

it's **** like this ****es me off. you turnover close to £2b a year yet can't keep things updated with your bloated workforce? keep on top of ****. you'd of done it as a £17m turnover business so why stop now it's 100x the size.

"look after the pennies and the pounds will look after themselves" certainly has been forgotten here.

have the basics fixed for q1 trading update. disgusting.

regards,

disgruntled shareholder with a mere 500k holding (your dog does own more)

I'm not one to normally reach out to companies but seen as I'm sat holding quite a few shares in this with a distaste in how this business has been operated.

I emailed someone within THG and didn't receive a reply but they clearly seen it as changes were made Immediately......

So they're either watching this board or emails aren't being filtered out and are being read if you can manage to get through.

Fair play THG.

Frasers CEO eyeing up that £100M bonus for Oct this year if Frasers value almost doubles from here.

What a great way to do it with an added £1.7B in sales along with an Investment in Ingenuity.

Funny thing is if Frasers did acquire this it would add more than £450M MCAP to theirs...

I honestly have no idea how this plays out

Last trading day for Q1 today. Is the market already showing us how THG will come out at Q1?

I am expecting THG to deliver Q1 particularly Nut - If they don't THG will dive below 400M MCAP

But let's look at how incompetent THG really are shall we? They can have this one for free seen as they like giving away things for free (Salaries)

https://www.thg.com/group-structure/our-strategy - It has a picture of Homebase!? We don't own Homebase nor does THG own Ingenuity anymore so why is homebase featured? What?

https://www.thg.com/group-structure/our-business-model - Our buisness model. The joke of it all 404 Page Not Found (Great business model there guys, probably why we're at ATL)

Frustration is peak. Shareholder destruction has been mindblowing to say the least

MM had to fund it or the refinancing deal wouldn't of been as favourable at all.

Facts of it are MM has drove this company into the ground through incredibly poor management if this wasn't a Founder/CEO run company and only CEO he'd of been ousted a while ago.

We have broke ATL today....

Q1 update has to be positive or THG is done for the next few years unless a bid comes. Based on my own insights I do believe Nut have in fact produced a great Q1 for the company with increased revenue particularly in canadian markets.

The deal he made for THG was basic but extremely important for THG in the Debt market. He has however f'd everyone over once again in it - As long as MM get's what he wants it doesn't matter.

I have heard whispers that an INCREDIBLE DEAL has been had by the chairman following a closed door meeting late after hours.

In attendance;

Nutrition CEO

CFO

IR

BOD

"If we all keep telling MM he's doing a great job, we all can continue to sit here doing nothing collecting salaries. Deal?"

Lost pretty much everything it gained yesterday...

I'm just baffled at how it's ended up here. Some serious mismanagement of funds at play - It's quite disgusting when you think of it really. I held senior positions in e-com businesses in my past life, I can't emphasis the amount of work that goes into pricing/margin

The worst possible thing to happen to THG was them to get a load of money from Softbank - They've acted like teenagers who have just got their first credit card unsupervised.

Ridiculously overpaying on M&A - The deals done was actually disgusting at the amount of money lost. There's something in the air in Manchester as Man UTD love to do the same it seems.

Damien, John and Matt are all best pals - No one's going without the other.

Margin, Margin, Margin! Focus on the Fn Margin! It's not hard at all - I could pay someone £75-100K a year to come in and do that job.

I looked at the share chart today, it's actually rather funny and makes it look like THG has gone through stock splits....

Now we await Q1 results. Deliver once in your life THG or this thing crashes down into the low 30's/high 20's

Watch how the Yanks like it..... Then THG in theory should consolidate for a month before results unless something else happens.

But I'd have THG at 40p come results day. It is VITAL THG release a great Q1! VITAL! That in theory should then set THG on path to a correction and ultimately rerate in the SP over the next year

It is extremely important that THG release a great Q1 or we're back down in the 30's.....

Something has been communicated to MM that something MUST be done.

First is the debt which has been sorted now and pushed back, second is delivering on results - It HAS to deliver.

We're about to be in for a rocky rocky ride over the next 40 days! This is going to be volatile but hopefully for the right reasons!

We shouldn't have to do this.... But we do and this speeds up THG's recovery by years!

Trust me, I'm p!!!ssed that a equity raise is even needed but it is.

But anyone with financial knowledge knows this is the best possible deal MM has given THG - It was this or SELL off a division. THG needed further cash and going to market for it would make MM look even worse but he's took the hit here himself and coughed up (Sure paid for via property deal that we all forget) but I honestly give MM props for this deal.

He can make a good deal... If I bumped into him today I'd have a different view of him than I did yesterday morning. That's how good this deal is for THG.

I'm quietly confident THG is about to actual deliver/beat guidance on Q1 as all the data I'm seeing points to THG growing their Canadian market actually... So they may be leaving the US looking at Canada for that extra revenue.

But hey - I'm just a man down 21% on my THG holdings so delusion has proper set in here.

So I give props personally to MM for this deal he's done (From his POV) - This is a blinder paid for by the properties he's nabbed for 'Market Rate'

THG have now tackled debt with that an extension of the loan to 2029.

Minimal dilution but it was needed - THG needed a cash injection to help it on it's way my hope was via a Selkirk offer (Selfishly as it was cause an Instant rerate of SP) but MM has made it clear to the city with this move.

THG is HIS and it's HIS to stay.

Statement made.

Now - We have to look at THG. Immediate next cause of concern is margin! We need to reduce OPEX significantly! The problem is Whey for nutrition - Tackle the whey supply chain, bulletproof it.

Beauty too need to increase their margins

Increase margin>Increase FCF> Increase EBITDA> Increase in SP.

So for me now. It's margin #1 priority.

I am happier today with the position THG is in - However, If I was investing right now.... I would actually hold off and miss any potential action between now and results as Q1 results will be tell all

Fair play MM.

I’m not mad at this RNS - Debt sorted early, equity raised at no discount.

That tells me Selkirk WILL NOT be putting an offer in for THG as MM has now tackled a huge chunk of the issue

Give me a good trading update for Q1 too! ( I’m quietly confident we’re going to see a decent update )

It's the first full trading Q without Ingen so we'll see THG's true picture. I'm guessing 17th April results will be announced

THG will beat expectations.... I actually think THG are about to have a very good 1 Q - Margin will have returned as old stock is cleared with that additional margin being pumped into more marketing... That's what I think THG have done this Q.

They have to deliver. It is simple.. MM HAS to deliver failure to do so must see resignations everyone can see that - So THG will deliver.

I have looked at a lot of of the e-com data and sales are up... Customers is up, offline is up (We know this looking at the growth... The only area growing within nut)

Results or Resignations

SP is at ATL

My advice would be wait till results are released then re-evaluate your position. I don't think we touch 30p but I also can't see us at 70p+ without a bid short term.

Results + Guidance will give you more of a view - For the sake of 1 month. I would hold.

Pearls you can't fall foul to delusion.

The answer to the shorts are RESULTS! Of which THG have failed to deliver YoY.

Do you honestly think a company would be shorted showing YoY profit growth whilst hitting every other metric? No...

Has THG been shorted 'unjust' sure you could say. But it's on THG to defend themselves and the company/SP but have failed to even do something as simple as that - Instead we get a CEO going on Linkenin to moan to then buy a NEWSPAPER!!! To moan more.

Chairman that I'm not even sure is still alive?

Board of Directors of which collect free shares every year for sitting there doing nothing.

Investor Relations... Yeah, Investor relations. We'll leave it there with that team.

My point is THG have failed multiple time, failed to defend themselves and then failed to inform the market about THG true position.

"THG Highly profitable ..... Dividends.... " Okay, tell the market when we can expect as such? What is THG turn around plan? Do they even have one? Every direction they turn THG is silent.

Is it a panic mode? Or is it a sit back and watch THG mode? Who the F knows! FCF + so no bankruptcy. Asset sale alone SP is worth more

Frasers CEO has to double the SP by Oct 30th for £100M bonus.... That kind of growth within a year will only be done through M&A

I'm unsure on frasers balance sheet strength as to how they've been positioning themselves but that kind of growth is only seen through M&A and what great value add would THG be to the Frasers retail empire an additional £1.7b in sales

More than likely have more favourable rates when dealing with the banks, so debt payments could be restructured easily.

I said it well over 1 + year ago now - THG will not see above £1 unless there's a bid for the company and I can remember people going in on me. This company will more than likely be bought out/taken private

MM will use the "See FTSE250 didn't work, the city doesn't like me" route. My average is low enough to protect me but it's those above even 60/70p I feel sorry for nevermind the £2+

It's the results day come April. I expect THG to announce a great trading update for the market but because it's THG it will HAVE to really beat expectations to make some noise or it'll be a simple 5% gain.

Results or Resignations.

I tend to agree that it will cause minimal impact - I anticipate a 10% rise on FTSE entry.

It should form a short squeeze as liquidity/free float is the unknown here but it is quite a bit lower than the normal. In an ideal world THG would form a short squeeze but it just won't. The volume will more than likely get sold into as people will have positioned accordingly beforehand.

But hey, I'm more than happy to be proven wrong. as other have said - It's the FY'25 Q1 update/guidance that will be the value add event if it's looking well.

It's just how they communicate that message to the market - I don't know why THG mentioned dividends as it's currently straddled with a bundle of debt so I'd be very concerned at them paying dividends whilst avoiding the debt issue.... As to me dividends are at least 5 years away.

Have any of you heard of CosMc's

https://www.cosmcs.com/

That's a partnership THG should be looking for - No bigger brand to partner with than McDonalds. A lot of you will not know of the above brand by McDonalds but even they are turning to healthier options these days.

It is SUCH a SHAME THG doesn't have the brand recognition in the US to establish such a partnership. BUT it could be a potential partnership for the EU arm of the brand.

The world is forever changing more and more people are becoming health conscious of which will see companies like THG benefit from that if they're positioned correctly to capture that additional market.

*Note I do actually think THG has seen an increase in Canadian revenue this Quarter so I believe the brand is gaining some recognition in NA.

To me it looks like a single buyer in for nearly 1 Mill shares today alone - But it also looks like an impatient buyer looking to get in before a certain date....