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Thanks for lending me your 132ft Yacht last weekend WT. I took your Gulfstream G550 jet home, can you thank the cabin crew of 10 ex supermodels for me? I left in a rush as your driver was sitting on the runway waiting for me in your Rolls-Royce Cullinan.
All thanks to your AI tool. I tried buying it off you for £4.63465M but no go. I mean how else would I be able to report such massive losses on my tax returns? Sniping a 72 buy to sell at 65. Genius move the taxman would never know.
Serious question.
What exactly do IR do? They clearly aren't replying to people's email requests, they don't at all control any narrative. Their job titles scream big salaries and share bonuses (when THG award them) but yet the only communication we get is Linkedin......
We're a £2B+ turnover LISTED company. If it wasn't for this forum I wouldn't see any posts. Linkedin or Instagram - Great.
Positive update. I'm surprised the market didn't try cheat us out of gains like it always does.... People are weird. Why do you think others care if you sell? Unless you give a reason that might add value, keep it to yourself.
"I sold 100K shares because the strategic update indicates potential risk in 2025 due to capex and macroeconomics" For future reference to that dreamer. Ridiculous, the fact you sold out when L2 was looking that good indicates your stupidity. Lost out on £££££'s due to impatience.
It's not nonsense. Some just don't understand finance truly but that's okay. We're all on the same side of the trade.
THG is disgustingly undervalued. It's the sole reason I'm sat in here as it will pay off eventually... I hope. It'll be my most successful trade to date. If patience is on your side...
Also 2B isn't a wild valuation. It's why when people come on here and spew out £1.50 is a deal! Lol. Delusional if you think fair value is anything less than £3-4.
I've held all the way down to low 30's and I certainly don't intend to sell out now.
But today sucked a lot! It's just a typical day of being a LTH in THG. I'm now a little over breakeven as it pretty much wiped out all my profit.
It'll climb again though. Patience is rewarded within the market.
The only possible way he will rip THG off is via building dilapidation - Standard practice. But naïve thinking as said.
MM I'd like to think wants the best for the company he founded and built to the monster it is today. It's the majority of his NW too, so he'd only be hurting his entire family alongside friends. We'll get there, slowly.... Very slowly.
I think more-so the question to ask is why isn't he creating value? They were suppose to split the divisions already but haven't done so yet... Why? What's he waiting for?
Do you not think a guy with a finance background knows how to create value? Because he does.. So does his board. Why aren't they doing it?
If I was in from IPO I'd be furious. I've been in what 2-3 years coming up and I'm extremely annoyed at the position THG is in. I'm sat in the blue right now but I'm still extremely annoyed. This should of held after the first 'BID' even over the £1 level.
I mean, I'm not jumping in on the name calling...
But I agree. I've no idea were people are getting £2.50 from they clearly don't understand the true value of businesses. The IP alone of THG is worth about the current share price.
We'll get there eventually... I'm sat here the happiest I've been in a long time with THG and it's not because of anything they've done. It's the shareholders Kelso first then the dutch following suit.
The chairman was put in place to make these changes. What has he done since starting? Like actually what has he done for us? What value has been created? None.
I'm normally vocal about THG's purchases. But I actually really like this pick-up, we didn't overpay + it'll slow nicely into our business growing a struggling area of the business.
It's some of the best business they've done within the last 3-4 years in my opinion... But we shall see how it plays out (This is THG after all)
Agreed 100%. Kelso are fast money, they'd have re-bought the shares they sold on the drop if they were serious about THG upping their stake. Typical hedge fund.
THG is being held down massively. I'm sure 99% of people on this board are so frustrated by this stock because it just does nothing, the board are doing nothing to unlock shareholder value. That is one of the issues of having a majority shareholder like MM. He doesn't have to answer to anyone, including us.
But yet THG is still my largest holding by far as I do truly believe THG one day will see that value and anyone buying at these levels will easily 5-10x their money in the long term. First financial objective I'm looking for is FCF +
(Also to note, if Ingenuity fails MM should step down)
Is it really though? What has driven the price action every time within the last 3 years? Please share. Director buys, NO. Inflation reduction, NO. Whey prices dropping and supply chains finally sorting themselves out, NO.
Every single time has been MBO.