Member Info for ryanf

Every time crafty shows up the price goes down 😂

A successful subscription based model will transform the margins whereby we don't even need much revenue growth to re-rate significantly.

Yea, you're right crafty, im making it up

Crafty, I brought up AS Watson because it highlights that even when Matt gets offered 1.5x revenue for the entire beauty division, he has proven won't sell if they dont stick with Ingenuity, despite it being massively in shareholders interests. Come on.

Crafty, AS Watson was rejected for 50% JV of Beauty at £800m/£900m valuation (i.e. £1.8bn valuation for beauty) because they didn't want to use Ingenuity and Matt wasn't going to let that happen and never will relinquish control so long as he has control of THG.

Value is in the underlying assets, but value would only be unlocked with competent management and no ingenuity tie. I've said before, with Matt and the current management there. It. Does. Not. Matter.

Crafty, rather than going after Stan, then spout sh*te about revenue multiples again, why don't you let us all know why THG can only make £25m FCF from £1.7bn revenue after demerger, so with minimal capex?

Management is sh*te and there are conflicts galore.

Matt will only sell a non core asset with no material revenue hit to protect Ingenuity. Or do you disagree?

FCF guide of £25m. This is after the demerger, so no unexplained money going to building out warehouses for Ingenuity.

Where are the remaining levers? Pay down £200m net debt over 8 years to get to net cash or sell assets and make that FCF even lower?

The market cap is £600m, its not even cheap. Despite crafty (matt) spending all his days pumping the price, being on linkedin, not running the company properly and comparing THG to household names (like Coke and Monster - not even comparable to THG ffs), you cannot use revenue valuation metrics when you have a 1.5% FCF yield.

Get a new CEO without the conflict and it would transform the business as they will make the tough decisions to make THG profitable (not balance THG to make hardly anything to ensure Ingenuity survives like the current MO).

Matt is a charlatan fraud and thief, he tried to make people feel bad that he was called that by the media, but his actions tell a thousands words, many of which have been told on this board.

Baz, presumably by MTC you mean: Matt The Charlatan? 😂

If throwing stones means pointing out the financial reality, sure. Or are we going to start blaming the LSE for the 1.5% FCF yield?

£25m FCF on £1.7bn revenue is 1.5% yield... wtf are you talking about ready and primed?

Almost as many shares as you MSN lol

Crafty, you ask how much dermstore is worth. Answer is f*** all with Matt in charge and Ingenuity draining life from the PLC.

It. Doesn't. Matter.

Yup, the II's wont get any of my shares until we're back at all time highs. Yea 800p.

Https://youtu.be/Y3N9qlPZBc0?si=9u960Fsi1xNwFVyV

OpenAI will run out of money in 2027 at the current pace and looks like they will start allowing advertisement in the free tier of ChatGPT. Is this the way it will go, and contribute to S4's recovery?

Also, will we start to see ad spending rise with big tech again if they start scaling back AI infrastructure spend?

2026 could be a bad year for big tech but the start of the recovery for S4, IMO.

What Matt has done to this company is a fking crime.

Matt doesn't care about THG profit when he owns over 50% in Ingenuity which is paid by volume. He'll run THG into the ground until he makes another white knight demerger steal for other bits.

He'd make a good Traitor! Hope you sleep well at night Matt.

Lame, Sad, Embarrassing 2000

He already made an admission that the bottom is in. You're right GRaff, the style of messaging is classic paid shill behaviour.

Lse2000, is that a sly way of saying you think the bottom is in?

(L)ame(S)ad(E)mbarrassing, and soon to be broke, 2000

It would be a crime to be taken at 45p