Member Info for Rock8

People need to understand how this process works so read the timetable

hTTps://ir.design-portfolio.co.uk/viewer/95/68385?utm_campaign=14776161_RNS%20alert%20%28THG%3A68385%29&utm_medium=email&utm_source=Design%20Portfolio%20Marketing%20Services&dm_i=9LG,8SPCX,92KYNK,10L8G1,1

Onsolidground

“All know that the share price dipped from 54 / 55p to 44p in the 2 days from the 17th - 19th Decemberwhen all the transitory B shares were additionally issued to let people elect. Off still 1.5Billion shares that was Market Cap of £841 Million approx.

So after buyback that will reduce to circa 1.3 Billion shares with roughly 200 Million maybe slightly more, bought back and cancelled. So that's about 1/7th of the exiting equity (dip enducing) to be taken out of circulation.”

So you believe it’s all connected and not just co-incidence?

OK thanks Steve it’s not profitable at an operating level as backed up by documents released on November.

Ok get.

Yes that’s dated 17th Sept and I was relieved and pleased to read it but it’s not backed up by documents released in November?

I realise that Remainco is currently not profitable but still invested but others keep saying it’s profitable?

Please read the document and tell me how it can be?

That’s all.

Thank you.

Page 26 is start of Remainco

Moniman

Did you read the documents?

OK first PDF on this page

hTTps://www.thg.com/investor-relations/ingenuity-demerger

Totally agree with the £2b cash generation but the numbers released by the company as part of this demerger show a theoretical loss for remain co.

Proposed Demerger of Ingenuity and Notice of General Meeting in PART III

INFORMATION ON REMAINCO

Full document released 28th Nov that I downloaded via a link that I new can’t find?

Anyone got it?

Thanks onsolidground but doesn’t that include Ingenuity?

So what’s the business worth as it stands today?

I am asking the question to hear people’s views.

At the moment as all only have Mr Markets valuation which we (inc me) think is too low.

For me it’s about what can the new company do to make a profit?

Sell some assets? Make cuts?

It’s not easy to value until it makes a profit.

Moniman

What do you think the business is now worth and why? - Or don’t you have a clue?

Mr Market values the business at ‘Shares in THG closed down 0.9 per cent at 45p, valuing the business at about £690 million’ but we all think it’s worth more correct?

So let’s have a discussion what it is worth and why?

No I have a large position.

It’s just is saying how much they want the price to be but I am asking what everyone thinks it’s actually worth and why?

I am not talking it down but asking the obvious question.

What’s it worth?

Plus how bad was Christmas 24 trading?

What’s it worth now?

High cash generative but what’s the loss for Beauty and My Protein separately for 2024 and projected for 25?

Assuming low single digits growth in both years?

Share have to come out of circulation but usually held in treasury for any possible future use.

The percentage wanting Ingenuity shares will be lower than he hoped?

It needs 70% correct?

Many brokers already removed shares from accounts so they couldn’t be traded.

The question is will the market adjust valuations undoing the impact of the original dilution?

Hedge funds betting that retailers will have disastrous Christmas

hTTps://www.thetimes.com/article/573bb429-3b1a-4d89-b87b-780f9113c782?shareToken=4685a2284b3d73a1ea57097db1822597