Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@okehurst - funny that, the remarkable thing, since they have gone silent and vanished, they all vanished curiously together, just like magic, surely not a coincidence LMAO
The dogs have been put on a leash, right now probably doing their "thing" on another chatboard, dispicable!
A very good trading up, ahead of projections, massive multiple tailwinds in play
Golden share relinquished early!
Huge director buy, from a very stingy director Lol
MM sells property worth £250m releasing a huge cash pile, very suprising. Where and how will this cash be deployed?
MM goes to Dubai to meet investors, usually only conducts online meetings, rarely even goes to London!
MM posts about the Middle Eastern countries with huge capital to deploy
Apollo Bid. Valued Ingenuity alone at maybe todays share price, maybe even more, who knows!
Libererum went straight to 220p SOTP valuation
Kelso joins as Activist Investor. Maybe atleast 20+ Highly experienced, wealthy succesful businessmen, many Chairman or CEO's of other companies. They piled all their initial investment in THG.
Ingenuity pick and pay partnership with Autostore
Ingenuity partnership with GOAT India
Matalan Live on Ingenuity
Ingenuity 10 year partnership with allbeauty
New partnership with Iceland
Myprotein Frozen meals and Pizzas launched
Sold 1million plus frozen meals in just a few weeks
Myprotein Icecream launched last week
Myorotein Icecream Bars, Cereal, Cheese and Yogurts etc to come soon
These Myprotein items will then be made available in other supermarkets and internationally
Myprotein In 20,000+ convenience stores in Japan and Asia
Myprotein in 2 of Germany's largest supermarkets
Myprotein made available in retail stores in Spain, Portugal and Denmark
In UK, Myprotein available in Asda and Morissons
Myprotein largest brand created in the UK in the last 20 years
Myprotein vending machines at gyms
Myprotein frozen meal vending machines a 1st.
550 ESPA Spas around the world, opened the largest Spa in the World in Qatar
2 new heavyweight BOD members
MM's infamous video slating the City, and saying he will stay in control.mmm
Market have no idea how to value THG. Currently barely 1 of the 3 businesses are being valued. Something has to drastically change.
@Binky , not sure, but you maybe taking that completely out of context! You cant just drag and drop a line from someones whole post!
Timeframes are very important. If they meant in 3-4 years rather than in next 3-4 weeks, doesnt sount so stupid 🤣🤣🤣
Anyway MM is a man with a plan, lets see, IMHO it will be taken private one way or another pretty swiftly.
DYOR
Most II have backed him for a very long time, before IPO! Remember, when this went upto £8+ they didnt sell 1 share (i bet they all wish they did now Lol). They believe in MM and THG.
Although he may have gone down the route of a Middle Eastern SWF this time, dont forget he has also worked succesfully with Big US PE before. KKR used to own 20% of the company. Bought originally in 2014, having sold out at IPO.
Interestingly KKR bought 20% for £100m. After nearly 10 years of growth and transformation, company growing probably 10-15x+ since, valuation today is only double from 2014. LMAO
https://www.thebusinessdesk.com/northwest/news/647992-kkr-completes-investment-into-the-hut-group
If not very soon, with Golden Share now gone, it will be "knock knock" from the major PE firms very soon. With 3 separate major divisions, it's the perfect ideal textbook company for major PE. Buy it with leverage, sell 1 division in 18-24 months for multiples, 2 divisions left which they basically get for free. Not many companies can offer this optionality, hence why they are all over THG.
For LTH's just relax and put your feet up, like Kelso says all that trapped value has to be unlocked, ONE WAY OR ANOTHER.
Always DYOR
MM said this:
""We’ve been clear: don’t bid if you want 51%, plan to use debt to leverage up, or won’t allow existing shareholders to stay invested""
It's in black and white from his statement, more than 50% are happy to rollover in taking THG private, i.e. if PE have been explicitly told they cant have 51%!
Most II are investors with a very long time horizon, they back the company and their man, as long as they can grow (and not operate like they swimming through treacle everyday :)), private or public, they wouldn't bee too bothered. Unlike PI's nowadays, where most cant hold for 2minutes.
Therefore MBO will require 35-45% max to be bought out, the rest are happy to continue on the THG journey come what may.
Everyone can sense a major corporate event, they definitely have all the optionality in the world. Currently all clues easily point to an MBO, but who knows.
MM sais THG was worth £3 few years before IPO!
Since then they have raised £2 Billion+ at £5 and £5.96, and come leaps and bounds since, and completed the separation.
No one knows the ""real" valuation, could be £2.50, £3.50n hell there will be good arguments back to £5, but no chance in hell its anywhere down here
Put yourself in MM's shoes.
He thinks valuation is a joke, like most
All PE firms are after THG
You hate the public markets and everything around it
You know more about the ""real"" value of the company than anyone else, Apollo will have confirmed this
As CEO, FOUNDER, LARGEST SHAREHOLDER, what would you do???
Take it back private at a huge discount?
Was flying earlier, noted down some of the most recent news from the last few months. Must have also missed plenty.
A very good trading up, ahead of projections, tailwinds in play
Golden share relinquished early
Huge director buy
MM sells property worth £250m
MM goes to Dubai to meet investors
MM posts about the Middle Eastern countries with huge capital to deploy
Apollo Bid. Valued Ingenuity alone at maybe todays share price, maybe even more, who knows!
Libererum went straight to 220p SOTP valuation
Kelso joins as Activist Investor. Maybe atleast 20+ Highly experienced, wealthy succesful businessmen, many Chairman or CEO's of other companies. They piled all their initial investment in THG.
Ingenuity pick and pay partnership with Autostore
Ingenuity partnership with GOAT India
Matalan Live on Ingenuity
Ingenuity 10 year partnership with allbeauty
New partnership with Iceland
Myprotein Frozen meals and Pizzas launched
Sold 1million plus frozen meals in just a few weeks
Myprotein Icecream launched last week
Myorotein Icecream Bars, Cereal, Cheese and Yogurts etc to come soon
These Myprotein items will then be made available in other supermarkets and internationally
Myprotein In 20,000+ convenience stores in Japan and Asia
Myprotein in 2 of Germany's largest supermarkets
Myprotein made available in retail stores in Spain, Portugal and Denmark
In UK, Myprotein available in Asda and Morissons
Myprotein largest brand created in the UK in the last 20 years
Myprotein vending machines at gyms
Myprotein frozen meal vending machines a 1st.
550 ESPA Spas around the world, opened the largest Spa in the World in Qatar
2 new heavyweight BOD members
MM's infamous video slating the City, and saying he will stay in control.mmm
Market have no idea how to value THG. Currently barely 1 of the 3 businesses are being valued. Something has to drastically change.
Thanks dg, atleast good to know we not all losing our minds! What a stupid cowboy mistake to make!
The only fact we know about the Apollo valuation is.....
Ingenuity alone was worth significantly (most forget this key word) more than 67pence.
(As a low ball if we assume significantly meaning 25%)
We arive at 84p for Ingenuity, could well be much higher
But hang on, THG also have the following 2 businesses 🤔 Why can the market not figure out its 3 separate companies rolled into 1!
THG Nutrition
£735m revenue in 2022
Worlds No1 Online Sports Nutrition Brand
Expanding into Asia, Spain, Portugal, Germany, Iceland, frozen meals, Icecream, Asda, Morissons, more products, more supermarkets, international, vending machines in gyms, frozen vending machines etc
THG Beauty
£1.25 Billion revenue in 2022
world’s #1 pure-play online speciality beauty retailer – Lookfantastic, nine popular online beauty and haircare businesses and a portfolio of eight owned prestige brands across skincare, haircare and cosmetics.
Waiting for some value/any value for Nutrition and Beauty, surely both these businesses are not worth NIL LMAO
IMHO DYOR
""Ingenuity ALONE was valued at Significantly more than 68-69p"" MM
Either it's a simple mistake, and poor journalism, OR more likely coordinated and deliberate FUD, which always "seems" to happen with THG, funny that. LMAO
100% certain Matthew Moulding wouldn't even pick up a call at anything like that offer.
Sounds to me like the Fudsters are rattled.
Onwards and upwards, a whole multitude of positivity this year, lost track.
Basically one of the chief resident pond scums (ste2000) came on here spread his shix around everywhere via 15+ posts within 90mins, did his job for the day and then pixxes off.
Pond scum will try to rapidly spread the algae as quickly as possible.
Part of the ILLEGAL Short & Distort crewe
Luckystar - with all due respect, your statement is totally incorrect, makes no sense.
Dilution of 20% or whatever it is, wasn't something for nothing, or even at a discount to todays price, most of the shares issued since IPO was raised at £5.96, totalling circa $1 Billion, or at a 500% premium from here! And only 22 months ago, quite the situation.
They still have £470m in cash, and the rest of that was spent on major cash acquisitions/capex.
Size of the pie is not the same, it's clearly much bigger since IPO, and much tastier ;),by revenues, more than doubled, cannot simply extrapolate like for like, it's totally misleading!
DYOR
Also the shorter who cropped up early this morning, account was created in wait for it, Sept 2015!
And then 1st ever post today! Shameful.
'Watching from the sidelines' brings a whole new meaning LMAO
Shorters DESPERATELY want you to sell up!
Actually advising you to sell up now LMAO
Did say FUD is reaching unprecedented levels.
Without a doubt , they will all go into hiding as soon as the market closes LMAO ;)
Is it just me, or has everyone failed to pick this up? Or has everyone simply placed this bot on the green coffin ignore list!
A question was asked about RNS's, and this individual (Bot) has used some AI tool to tell us about RNs (Registered Nurses) hahahahahaha LMAO simply cannot make it up anymore.
Level of FUD from the pond scum is at another level now. I see the tactic is to fill up the board with anything and everything to stop any useful dialogue ;)
Most peculiar thing, its been voted up 3 times LOL I'm sure by fellow bot friends/aka pond scum.
Now filtered.