Member Info for Slickharry

He said on call, it’s essentially a way of rewarding loyal customers with high value gifts for a low price for 24 days in run of to Xmas - basically a sample box in my mind of array of new and existing products hoping to re-enforce market share and them as go to.

Wonder if synergis capital products will be moving forward now interest rates are picking up?

Sell protein bars etc in all the major stores now - Asda, Tesco, Morrisons, etc … saw it on insta post I think. Loads of great THG info on that platform :)

Excited to see this product range in our local B&M/Iceland. Price point will be interesting.

Yep, they use ingenuity. Check out THG LinkedIn and there is a post by a senior member of nestle visiting site and giving an independent rave review about service performance received thus far

Big cash drain is investment for future - think Matt alluded to investing now in operations for 3-4 years time BAU - part and parcel of being invested in a growth company. Sadly not valued by markets at the moment due to value rotation. Next cycle we will be back in play!

Hotel/Healthclub are used to promote THG products. Equivalent to a shop window.

Whey prices have now dropped for 4th consecutive month, to price levels last seen in Dec21. Those tailwinds are starting to pick up a gale!

I reckon neal yard all still on ingenuity as all build with the same interface clicking between the international sites it all the same and all link back to one another

I think a bid will be rejected and we will go for a split of divisions as the value of business in sum of parts is vastly greater than market cap. SoftBank Ingenuity stake and Beauty via Dominic Murphy’s private equity contacts, with Nutrition retained 100% as its MM baby. Cannot see any other reason for Dominic leaving abruptly other than the backlash Iain McDonald gone for lack of perceived bid independence.

Some good recent case studies on the THG Ingenuity website for those that are interested. Vita Coco to name one.

I’m getting 13.11 on the bid.

Won’t get my shares for £2.50 - can’t imagine they will get SoftBank shares either! .. might let them have 1 of either beauty, nutrition or ingenuity for that price.

I think we’ll get an activist investor on board soon enough who will want to split the business up and relist to realise value of separate parts of business. Separately just look at major share holdings - all increasing. I’ve followed the money, but no guarantees in life I guess.

Dividend yield of 7% at the current share price, well covered by free cash flow.

Have you seen today’s RNS and lot few weeks - if that isn’t a glowing endorsement of value not quite sure what is!

Given circa 60% of revenue are overseas - would I be correct in thinking that the pound plummeting is a good thing for us?

There is a reason Charles Allan was appointed with his unique corporate activity skill set !

Settled with SEC 1 million dollars - fully provided for in 2021 group accounts.
Hopefully can draw a line under this now and move forward, hopefully team can exhaust their energies on growth instead of legalalities!

SoftBank tying their 40% investment in autostore in with 20% investment in ingenuity software platform which will run in sync - pretty sure this is going to happen AIMHO