Member Info for sj74

Maybe the market is finally playing catch-up as to the decreasing debt, chance of another disposal, growth and VAT potential rebate.. either way good to see.. not wanting to jinx it but looks strong.

Forgot about those 2 new partnerships :)

Should hear about them next month 🤞

*to be net cash in the balance sheet.

During the latest call Matt made the point a favourable VAT decision and another disposal wouldn't really make much of a difference from the business model point of view. Kind of speaks volumes really.. however if they did it could take many months unless it is already in the background. We now know that it was H2 last year that Claremont had the approaches made for it so it took from then until August.

Well that'll be a game changer of the tax credit application gets approved. Sounds quite positive regarding other lines of funding aswell. Fingers crossed 🤞

Https://stream.brrmedia.co.uk/broadcast/68aedc4233d75f0013a0948c/68c280c7763b7400137aa794

Ooh what will their capital allocation strategy be once they are Net cash on the balance sheet :)

Good place to be when they get there.

THG has said they have applied or put their claim in to the HMRC for what they believe they are entitled to. Watch this space I guess.

£45million and counting not to be sniffed at.. another large chunk off the debt. Hopefully hear something from this in October's update.

Come off it Karen 😂

It's a very sad existence if people have to be here..

Outlook is positive here if you can be here for longer than a few months :)

No

Q3 trading statement should be a good read with the growth and potentially telling the market what the 2 big tie ups are in time for black Friday etc.. Maybe news on the VAT too if HMRC don't appeal though I reckon they will just to delay things.

Even without a further disposal or VAT refund Net debt will be sub £200 million comes year end, being at £220 million now. It's clearly becoming a better investment story and 'grab' than when ingenuity was involved.

Maybe next Christmas, half a chance with net cash.. get to that position no reason why they can't start share buy backs or divi 👍

It's the outlook what's key, and the growth.. and with them accelerating to a net cash position puts THG in a seriously strong position.. roll on next 12 months 💪

Decent Q and A that. The VAT would be a nice bonus.. as said in the Q and A it wouldn't take much for thg to go to net cash with no real impact on the business model.. can definitely see the 'potential' moving forwards :)

Yeah the margins are terrible.. they need to get a grip. There is a reason why APN make far more from far less revenue. But the results are mehhh, all expected and no surprises.. no crazy spikes in SP is a good thing.

Why is everyone so shocked, did no one read the last trading update? 😂

THG is a threat to APN, and much larger... However the margins are poor so we don't make much lol.

THG is getting leaner and Beauty and nutrition are both back to growth H2.. on track.