Member Info for Rock8

Moniman

Well done the most ridiculous post of the day so far!

Yes you would guess so.

Nor sure they intended to do to exert pressure?

Their share holding is too low to exert real pressure so what’s the point of their existence?

I would love them to increase their position and so exert real influence but until they do they are rather pointless.

Licker

The only thing that really makes sense is that the Apollo bid was sufficiently below the 170p confirmed July 2022 bid - As unpleasant as it seems it’s the only thing that makes sense after everything that’s happened post preliminary Apollo bid (Aug 23j.

There is absolutely no evidence to suggest an MBO.

There is a small but greater chance of hostile outside bid or shareholder rebellion.

Again Matt would rather a higher share price to avoid these scenarios.

Manc39

I am surprised you believe that?

For an MBO a lower share price is not in Matt’s interest.

Matt will need to raise money, attract outside financing and persuade existing shareholders to take the bid price or roll in.

That would be considerably easier to achieve with a higher price IMHO - Likely slightly north of 100p before bid premium applied.

Arguably for an outside hostile bid it would be an advantage as they could attempt to build a position ahead of the approach but even the benefit for the bidder would be marginal at best.

Why do you think it suits MM to depress the share price?

That completely mystifies me.

Thanks

Absolutely no evidence to support this continued conjecture.

This sort of groundless speculation was the reason people didn’t sell at 100p++!

This time let’s keep grounded to planet earth for all our sakes.

In my opinion encouraging PIs to average down is not a sound solution.

It just leads to an overweighting in THG and unless you in hindsight manage to catch the bottom it’s a downward spiral.

What’s the bottom in the near term 65p, 57p, 53p, 43p, 36p? It’s an absolute gamble after last Thursday’s release?

Thursday should have been good day but it wasn’t as promised in the June Trading update.

Annual Revenue Downgrade, Growing debt, Deterioration in Ingenuity etc.

Thursday was totally avoidable if they had managed the market news flow and not exaggerated.

Fredster

Understand you view but your suggestion hasn’t worked for the past 3 years i.e THG’s entire history as a PLC?

So why is that suddenly going to change in the future?

Please explain.

I would rather he concentrated on driving shareholder value and released news flow via the vehicle that effectively aids that process - RNSs are the best proven and established vehicle.

Using Linkedin just hasn’t WORKED!

I assume that’s why he uses Linkedin so he can silence opposition and difficult questions

Only thing I found was William Turvill in the Sunday Times.

Sadly I don’t think Matt’s purchase of CityAM will change the narrative- Too small in influence

Moulding hogs the headlines

Top tip for budding entrepreneurs: when the world gets you down, head to LinkedIn, home of business gratification. Shares in online beauty retailer THG tanked 20 per cent this week after the firm lowered its revenue forecast for the year.

Matt Moulding, the chiselled chief of THG, had a different take, highlighting that the group beat “all profit and cash expectations”. Barring a few trolls, the comments underneath his post were overwhelmingly positive. “Congrats and thanks for sharing!” said one pal. “I highly doubt that these achievements will be highlighted in the mainstream press!” Sure enough, most of the pesky “MSM” focused on THG’s plunging share price, falling revenues, losses and job cuts. There was an exception. City AM’s headline read: “Cash flow improves at digital commerce giant.” City AM’s proprietor is, of course, THG.

I respect your view and let’s hope Matt provides some evidence to vindicate it very soon.

Dpws500

Please don’t take this question the wrong way but have you ever bought any shares in this company using your own money or are you an employee and so beneficiary of free shares?

Just trying to make sense of your postings.

We tried to be invested in the CEO but he keeps screwing us over.

I think we are all invested in the company but we are not all invested in the CEO.

It’s not the same thing.

Sorry that’s CityAM

His new toy.

It will be a severe drain on management time and resources for no material upside for shareholders.

Impossible to justify especially after Thursday’s results.

His latest linkedin posts hinted things would be better in September.

Guess what? He lied.

Matt always promises better new next time but has never delivered that!

The large trades are irrelevant.

They are likely just hedging trades as the large shareholders whilst not adding (like PIs averaging down) will have been seeking protection ahead of results - Going short.

Sadly they were right yet again.

Empemeral you are spot on with your analysis.