Member Info for ProxLDM

I'm above my B/E - Only took 3 years (Bar Mr Candyman)

I think shorts are in around this level so they'll be looking to close pronto. Push into high 30's/40's I know there's at least 2 shorts under water based on their buying.

Level 2 console (Some platforms give it free fyii) but it's part of my platform package

Look at the order size. Shorts are closing fast OR someone is accumulating stock.

No PI is buying 1.5M share blocks.

Higher we go the more it hurts shorts. We just need to get out of this 25 - 40p range

The book is being lifted by 1 of 2 things...

1. Directors buying

2. Shorts closing

We'll see soon enough or not if they don't declare on shorts

Volume drives cost down for both businesses.... That's why we're pushing volume.

It's understandable but as you said there has been not a single year of profit since listed (Look prior listing THG was being run perfectly fine)

There has been 0 shareholder value - I'm holding onto THG because I believed in MM once upon a time. It's no small feat turning THG into what it is/was, none at all.

Can someone please list a shareholder that has made money in THG? (Bar the hedge funds selling out post IPO for £6 - £8)

If you are a long term holder in THG you will have lost money 100% it's a given.

I'm at my B/E currently - I'm only there because of massive CFDs plays to bring my avg drastically down along the way. I've risked the average UK house price on this chit show basically.

Then I'll have literal bots writing utter chit on here waffling. I'm balls deep in THG - I'm in a MUCH better position than 95% of LTH because I took ridiculous risks to trade my way out of this mess or I'd be sat with an average in the 60's still

Profit. Target DEBT reduction, Profit & buy some shares back FFS - The dilution we've had is CRAZY! For what growth!?!?

It'll be based on a certain mix of macro nutrients more than likely - I think it was carbs related I can't remember off the top of my head.

The only benefit THG could have is making a VAT free Protein mix and going to market faster than competitors (You'd hope)

But who knows with THG these days.

That's the ONLY benefit THG will have - The ability to hit the market with a VAT free range & keeping a premium range.

Like sugar tax (think full fat v zero sugar drinks - cost past onto the customer)

Again the delusion on this board is crazy - Sure what MM said during the conference was extremely positive going forward BUT who can trust that man?.... Where has he delivered? When has he delivered for shareholders?

Whoever made them X posts earlier is 100% correct - Where is Allen? What governance/II has that man brought for us? No II is touching THG at these levels which speaks in itself... Because MM has milked them too so he can't be trusted.

Jesus.

Ingenuity CAPEX costs are gone, so has the revenue stan....

Our OH's are disgustingly high - We have 0 pricing power despite being one of the largest in the world.

Targeting growth over profit just like the done in 2020/21 - How did that go?!

The ignorance on this board is crazy.

Is THG undervalued? YES... but that doesn't change the fact based on today's information THG is not investable.

Debt

Massive OH's

Margin in beauty?????????

Margin in Nutrition???????

THG will start seeing value in a year or 2 but nothing short term without disposals or VAT but the more he disposes off the more our EBITDA erodes.

We are operating like a fff'n tech company. He needs to shred that DEBT Immediately and overheads!!

Stop being so delusional.

Show me the maths? £230M hole they have to make up...

Where are they getting that without disposals Dav?

I'll be generous and give you a £100M rebate from whey VAT.....

You do realise all the competitors too will see the same benefit? So there will be price drops across the whole market based on the ruling.

It's not limited to THG.

If whey continues on this path we'll see another adjustment/profit warning come Q3 trading update.... They NEED the VAT claim now or we're stuck in this trading range for the next 1-2 years.

Https://www.clal.it/en/?section=whey

Bad news for us. Carries on this direction a bigger disposal is needed

THG will have put their case in - Let's say £50M time of judgement as companies will seek VAT guidance from HMRC upon the ruling delaying things further.

HMRC will come back with xyz in an attempt to reduce it but THG will be owed £10's of M's back IF the decision is upheld and they're NOT given permission to appeal.

Below is the appeal ref - All eyes on current status over the next few weeks

SP will jump on decision as that's over 10% of MCAP as essentially an unexpected rebate - Then throw in a disposal of David Berryman and another 2 years THG are net net/

Global by Nature Ltd

Neutral citation: [2025] UKFTT 24 (TC)

Appeal references: TC/2023/07672

First-tier Tribunal decision: Appeal allowed.

Date of decision: 9 January 2025

Current status: HMRC is seeking permission to appeal to the Upper Tribunal.

^^^^

All eyes on that Stan ---- I know you'll let us know

Https://www.gov.uk/government/publications/vat-appeal-updates/list-of-vat-appeals-updates

£45M and growing.... It will go straight to debt reduction. Look out for the sunwarrior case or the SP reacting.

THG the highest gainer today FTSE All Share....

13.29% gain now we just need this x5 days in a row.

Heavy short covering now.

Shorts are covering big time..... Let's see what the yanks think

I'm all for being pessimistic but I don't actually believe anything MM said on the Q&A was far from the truth. THG are set-up for a much better future going forward - I'm just annoyed it's taking this long to trim OH's.

Operating retail at net increases customers>Brand loyalty > Price increases etc... Same way you see shops offering fancy deals on things you haven't heard about then suddenly you go in and the price isn't £1.75 anymore it's £2.50

All eyes on whey prices. Next update Friday - I need some clarity on beauty too? Own brand is selling well surely we should be getting better margin if we're producing it?... I need answers around beauty/beauty margin.

US Production is staying put - David Berryman is the drinks company he has already separated in the companies house (So that could be a quick clean sale if anyone wants)

It seems like they're betting on the VAT re-claim - Waiting to see the judgement on that then going to look at disposals. Makes sense. Very good Q&A IMO.

I'm in the blue.... First time in however many years with THG. Finally in the blue.

Nope - I was getting quotes on HL.

50K shares no problem on the sell (Didn't sell)

Jefferies cuts THG price target to 55 (58) pence - 'buy'