Member Info for Sp28

https://www.thetimes.co.uk/article/share-tip-inspecs-has-a-view-to-making-you-richer-g2rw9lr22

This should genuinely multibag over time

Manufactured and sold over 10million frames in 2021

NT to buy anything! After 25mins managed a small top up!
No doubt this will be way past 200p in the months to come.

https://www.investegate.co.uk/kelso-group-holdings/rns/investment-in-thg-plc/202301310700083309O/

Don't read anyone's views here, simply read this Investment Note in full.

A few important points:

This was their 1st investment! I'm sure there are thousands of other companies out there, however they chose to invest in THG, wonder why!!!

Highly experienced Board, ex Zeus Capital, interestingly broker still Zeus Capital

25+ HNW individuals investors in Kelso, imagine their friends circle. You would think they would spread the word, and start piling in here, as they have identified a clear disconnect in value!

Kelso believes that the separation provides THG with significant strategic optionality. The potential to separate parts of the business could provide THG shareholders with significant upside from the valuation of the business today

Kelso believes that the current stock market value does not reflect the underlying value of the sum of each of the main THG divisions.

IN PARTICULAR, Kelso believes that the Nutrition business, which incorporates the MyProtein and MyVegan brands, could alone be worth in excess of the entire current market capitalisation of THG

Were these guys one of the bidders from last year! Who knows!

Resident derampers will turn EVERYTHING into a negative, as Mr Hull just did Lol

As pointed out, do some research, it's not some teenagers that have started a new activist fund up, it's Business heavyweights with 30-40yrs plus experience.

They see massive upside, and they want to unlock the value, like all LTH's want.

"Nutrition ALONE is worth significantly more than todays market cap"

Happy to keep on adding, value will be unlocked soon.

Only going to buy more at a similar price as Kelso! Another 16k loaded, thankyou very much.

Kelso - "believes the company is ‘hugely exciting but significantly undervalued"

https://www.sharesmagazine.co.uk/news/shares/thg-shares-rally-on-news-of-buying-by-uk-activist-investor

Shareholders in brand platform provider THG (THG) extended a warm welcome to specialist investment firm Kelso Group (KLSO) after the latter revealed it had taken a small stake with an offer to ‘help unlock value’ in the business.

Shares in THG jumped as much as 7% to 58.5p before easing back to trade up 4.5% at 57p by mid-morning.

WHO IS KELSO GROUP?

Despite having a market value of just £10 million compared with THG’s £825 million, newly-listed Kelso boasts some heavyweight talent with experience of bringing about change ‘where existing shareholders are unable or unwilling to do so themselves’.

Recently-appointed non-executive chairman Sir Nigel Knowles is currently chief executive of legal services firm DWF (DWF) and is a former co-chairman and senior partner of DLA Piper where he spent over 38 years.

Chief executive John Goold, a chartered accountant and corporate finance expert, is the former boss of Zeus Capital, having helped raise over £5 billion for the firm's clients.

Kelso says its mission is to ‘identify, engage and unlock trapped value’ in UK small cap and mid cap companies where it believes the value of the business is ‘significantly greater than its current value’.

WHY HAS KELSO TARGETED THG?

Kelso has taken a 0.4% stake in THG with the purchase of five million shares at 54.5p, saying it believes the company is ‘hugely exciting but significantly undervalued’.

It hints that hiving off parts of the group could provide THG shareholders with ‘significant upside’ from the valuation of the group today compared with its £5.4 billion valuation at IPO back in September 2020.

In particular, Kelso believes the Nutrition business, which incorporates the MyProtein and MyVegan brands, could be worth ‘in excess of the entire current market capitalisation of THG’ based on valuations of deals in the sector in the last few years as consumers shift away from sugary treats to health and nutrition.

It also notes THG rejected more than one takeover approach last year, referring to a non-binding offer price of 170p or more than three times today’s share price.

OAC - Precisely my thinking! 25 high networth individuals, and first investment in THG! There will be a plan for a major corporate action, by all the murmurring spin off of Nutrition looks like the most likely option . Just read the following......

About Kelso

Kelso was established in 2022 to identify, engage and unlock trapped value in the UK stock market. Kelso's strategy is to invest in situations where there is an anomaly between the intrinsic value and prospects of a company and its stock market valuation. Kelso will, in particular, look for situations where it believes the sum of the parts of a business is greater than the current value. The company completed a fundraising of £3m in January 2023. Kelso believes that the current market conditions are such that there are situations where UK listed companies' valuations are not appropriately matched to their underlying intrinsic value. There may be instances where Kelso itself could be used as a vehicle by an undervalued company to spin off a subsidiary into its own listing. Such a transaction would undoubtedly constitute a reverse takeover for Kelso.

They aren't just passive investors, they will want to make major changes to unlock value, the whole point of their fund and their wealth of experience, this is far far bigger than the money they have put in, they will want multiples. Let's see how this is done, we all know SOP is £2-3, what are they going to do....

Kelso, which on its website promises to "identify, engage and unlock trapped value in UK-listed companies" and "effect change where existing shareholders are often unable or unwilling to do so themselves"

Kelso noted that separation of THG into its three main divisions “provides THG with significant strategic optionality” and “could provide THG shareholders with significant upside” as it believes that the current stock market value does not reflect the underlying value of each of the divisions.

In particular, Kelso said it believes the Nutrition business, which includes the MyProtein and MyVegan brands of vitamins, minerals, high-protein snacks and drinks, “could alone be worth in excess of the entire current market capitalisation of THG”.

THG is Kelso's FIRST investment, from thousands of companies. Tells you all you need to know!

When the value plays out here...

Again Nutrition mentioned as a benchmark gor selling mmmm

https://www.proactiveinvestors.co.uk/companies/news/1004749/thg-is-first-investment-for-new-activist-fund-kelso-group-1004749.html

"Kelso believes that the separation provides THG with significant strategic optionality. The potential to separate parts of the business could provide THG shareholders with significant upside from the valuation of the business today. Kelso believes that the current stock market value does not reflect the underlying value of the sum of each of the main THG divisions"

Tells you all you need to know. Sit tight, and patience,should be multiples, these guys have reaffirmed investors outlook by doing all the due diligence!

First QIA then these guys.

Any guesses on March dividends?
Obviously after Results in a few weeks we should all know!

They paid out 10% last year in total, 23/24 could see spectacular returns.

GS have a price target of 480p, i would guess they will revise this up throughout the year.

Price target at 480p

Dividends
Special dividends

Money printing machine in this climate

Next months results and 2023 onwards will be spectacular

Just shows when it does rise what can happen!
GDR doubled in few days on NOTHING!

Jfk - can you kindly calculate profit of potential/rumours then.

Let me take a stab, nothing of nothing is guess what...

I though H&W signed the contract for £1.6 Billion, and not GDR! Similar market cap now!

How dysfunctional is the market

Red dot hopefully dropped by then!

Join Cenkos and Proactive at the Virtial Growth & Innovation Forum on Tuesday 7 February 2023 from 1pm onwards. Meet management from exciting, innovative and growing companies from across the globe. Please register for the afternoon sessions as the company running order has yet to be finalised. https://lnkd.in/eW899MvJ

Agronomics Limited Directa Plus Harland & Wolff Hercules Site Services PLC Marlowe plc Plant Health Care, Inc. RUA Life Sciences plc Sondrel Vianet Group PLC CentralNic PLC Solid State Logic

Parabolic??

How many sold out over the last week, most of them will try to chase it now

Derampers and mm's done their unenviable job

Got a good feeling back to 20p+ today, and a whole week of washing the traders out and nervous nellies done, market has done it's job

A nice LinkedIn post by BMT with regards to FSS just out! Green light looks very close!

FOMO will kick in tomorrow surely, wouldnt be surprised with a 20p+ finish, from the RNS everyone expecting sub contract to be signed next week!