Member Info for SonnyBurnett

City Spy rumour was that Candy would make an offer before the end of the month.

Congrats, i'm pretty sure most of the major shareholders are a long way off from making a profit on their holding.
Buy hey, it seems according to the media MM would accept 250p and shaft all major holders that paid 500p and 596p. lol
#fakenewsmedia

Barclays 22m short, explains why they sharply downgraded THG from 440p to 150p.
All corrupt scum with an agenda.

I've applied for slightly less than my entitlement as i already own more than enough Chariot stock lol

An edit button on this site to correct typos would be great. lol

I would be surprised if any King Street offercomes in high enough to get accepted.
Sureley larger PE like Carlyle could easily trump their offer.
Imo it all depends on MM and his golden share.
Go for the highest offer or shaft some shareholders and sell it to his mate.

Yes, clearly King Street.

Agreed, and that would only be around 2x 2022 revenue which is still a bargain for a growth company.

Funny how some of the negative posters immediately show up early in the morning on a 3% or 4% drop and and then suddenly go MIA the moment it reverses and turns blue.
Scum!

Carlyle can easily trump all offers.
The one that MM agrees to with his golden share will show his true colours, go with the highest offer, or the one from his mates.

;)

Imo all the hate media articles that post fake news and hate drivel on THG and MM have one main source.
Which, imo can only be one company with such connections in the City and media, WPP.
Conspiracy theory or not, i think they are behind all of it, the grand paymaster!
The very company that now wants to copy Ingenuity.

A city source, lol
Just like the Unilever issue, payment issues and accounting issues raised by Numis.
All fake news!

*multiple

Agreed, £4 is just 2x 2022 revenue and is still a low revenue mulitple for a growth company.

If City Spy is correct about Candy, we should see an offer from him within the next 9 days.
I don't give a crap if this drops 10p or not, if it does i'm buying more.
It could move to 200p+ in an instant on a Candy offer.
Numerous parties could still make an offer, nothing yet from Apollo or Carlyle so plenty more to look forward to.

Another tweet from City Spy:

The City Spy
@TheCitySpy
49m
"Candy formal #THG #TheHutGroup offer said to be before month end. It's thought at least one (non Carlyle) consortium player is sat at the edge of the disco contemplating when the time is right to step out and dance."

@ OAC, yes, the Belerion offer did raise an eyebrow for me.
Will be interesting to see how Lord Allen handles this.
Good luck to you and the other LTHs here.

THG still believes it will grow at around 20-25% this year even during inflation, war, supply chain issues and perhaps possible recession.
By any standard a company that continues to grow at such a rate and has beaten targets set at IPO should be considered a growth company.
Seems like many of you think the 80/150p range this has traded around seems normal to just offer a premium on top of that while in reality, even during current market conditions an offer of around 400p would value the business at just 2x revenue which is very cheap for a growth stock and imo not asking for too much either.

The only reason i see this selling for around 250/300p is if MM together with the major holders shaft certain II (that bought at IPO but not part of taking private group) and PI and just take it private on the cheap. It would prove the media were right about MM, and i for one would certainly not buy into any company MM would be involved with in the future.

https://mobile.twitter.com/TheCitySpy/status/1527921804794281985