Member Info for stanleyb

If anyone here is actually attending the AGM maybe they should ask the question if a serious accounting fraud is going on? 🤔 THG RemainCo made £1.72 billion annual sales but had £zero profit..but the Chairman and the BOD stated in the Demerger document...."Post a demerger, the Group would consist of THG Beauty and THG Nutrition, two globally leading consumer businesses, which are 'HIGHLY' profitable, cash generative and capable of paying dividends."..? The two things can't both be true can they? Just a thought! Adyor..!

I thought lying to the market would be considered fraud if the case? 🤔

@Knowbodyknow..So what you're saying is £1.72 billion a nual sales for THG PLC is worth significantly less than APN's £99 million annual sales giving a market valuation discount of 17x or 1700% vs APN. Therefore you are infering that the market thinks the Chairman and BOD were lying to the market when they stated...."Post a demerger, the Group would consist of THG Beauty and THG Nutrition, two globally leading consumer businesses, which are 'HIGHLY' profitable, cash generative and capable of paying dividends."..?

Therefore with Beauty division sales at just over £1.1 billion last year with a market cap of £340 million or put another way, less than 0.3x sales, this is a market discount of about 300% vs peers THG's Beauty division alone..that leaves THG's (My Protein) Nutrition division with sales last year circa £600 million valued by the market at £ZERO on today's THG PLC total market cap of just £340 million, just above APN, who last year had total sales of just £99 million with just £11 million net profit vs THG's of £1.72 billion with a similar gross margin of 42%..The question has to be asked, maybe at the AGM, is there a huge fraud going on at THG for all that income to be disappearing into a black hole it seems? This is despite the CEO and Chairman stating in the demerger document that....

"Post a demerger, the Group would consist of THG Beauty and THG Nutrition, two globally leading consumer businesses, which are 'HIGHLY' profitable, cash generative and capable of paying dividends."..?

"The Board is committed to the highest standards of corporate governance and will be required to continue to report against the provisions of the UK Corporate Governance Code following the Transfer. The Transfer is conditional on the approval of the FCA, and a further update will be provided in due course with respect to anticipated timing of approval and subsequently eligibility for the next FTSE Index review..."

https://www.lse.co.uk/rns/escc-transfer-ingenuity-demerger-update-11s0rr0th1uzg9o.html

JAO Adyor!!!

Https://www.lse.co.uk/SharePrice.html?shareprice=THG&share=Thg

APN now approaching the entire valuation of THG Plc...therefore My Protein is valued at just about £90 million out of THG's total market cap..yet it is supposed to be the #1 Global Nutrition Brand with sales 600% greater than the likes of APN..You could say THG's Nutrition Division is valuedat £zero and the Beauty Division is valued at £340 million today's total market cap of THG..???

Https://www.lse.co.uk/SharePrice.html?shareprice=APN&share=Applied-Nutri

APN now approaching the entire valuation of THG Plc...therefore My Protein is valued at just about £90 million out of THG's total market cap..yet it is supposed to be the #1 Global Nutrition Brand with sales 600% greater than the likes of APN..You could say THG's Nutrition Division is valuedat £zero and the Beauty Division is valued at £340 million today's total market cap of THG..???

Agree, it does however depend whether or not the CEO, BOD, Chairman and NED's decide if they should continue to 'con' private investors or run the company on ethical lines for the benefit of all shareholders as is normal practice for a FTSE public listed company one supposes? JAO Adyor!

And finally if this was in the USA I'm sure the regulators would be all over this and lawsuits would be coming from big investors over the Ingenuity sale and subsequent support contract that was supposed to enhance shareholder value in THG RemainCo wasn't it? What is the NED being paid for, I thought it was to look after shareholder's interests but here we are at 27p when the demergerwas announced THG pre Demergerwas at about 66p? JAO Adyor!

Agree, it does however depend whether or not the CEO, BOD, Chairman and NED's decide if they should continue to 'con' private investors or run the company on ethical lines for the benefit of all shareholders as is normal practice for a FTSE public listed company one supposes? JAO Adyor!

Oh dear, looks like the wheels are coming off this outfit? JAO Adyor

On reflection of THG's current valuation, private investors in THG are sure that the CEO, Board of Directors and the Chairman, we would like to apologise to all shareholders for allowing the share price to be manipulated down by Hedge Funds, due to their appalling performance, overseeing a fall in the share price from a high of 800p down to 24p so that they could personally benefit from the situation, including rejection of a potential bid worth 170p that " Significantly Undervalued the Company," (as per previous RNS issued by the company), but they obviously thought it would be entirely ethical to buy millions of shares and approve a convertible loan between 32p and 46p after rejecting an approach for the company. It's clear from the Company's current market valuation, that the NED's have be woeful in carrying out their statutory duties to protect shareholder's interests but don't be concerned!....Best of luck and good wishes to all shareholders from the 'BOD'. JAO Adyor.

Even though MM's Ingenuity is trying to bleed money from THG RemainCo in what is a very bad support contract, THG RemainCo should still be able to turn well over £100 million net profit on £1.72 billion annual sales with a gross margin of 42% from its Nutrition and Beauty divisions. APN's valuation is making THG RemainCo look like a basket case due to THG's appalling performance from the CEO and lack of independent control and oversight from the Chairman and NED's. JAO Adyor!!!

APN up another 6% today valuing the tiny £100 million turnover company with about £11 million net profit, now worth 400% more than THG's My Protein Nutrition division that has 600% more annual turnover than APN does at circa £600 million. In fact APN's valuation is now closing in on the valuation of the entire THG group that has over £1.7 billion in annual sales..Totally bonkers! JMO Adyor

I agree Hypehero, you're in room 1 next to the psychologist department.. 😆

ALL NONSENSE peddled by Qantas and the day trading rampers!!!!!!!!

Someone doesn't like the truth it seems...?

...

Oh Selk up 10% since last looked, are they lining up another 'sham' bid for My Protein business? JAO Adyor!

It's probably just MM or MA or both that have instructed the brokers and hedge funds to let the brakes of the SP today rather than any new bidder? JAO Adyor

On behalf of the CEO, Board of Directors and the Chairman, we would like to apologise to shareholders for allowing the share price to be manipulated down from 800p to 24p so that we could personally benefit from the situation, including rejection of a potential bid worth 170p that " Significantly Undervalued the Company, but we then thought it would be entirely ethical to buy millions of shares between 32p and 46p after we rejected the approach...Best of luck and good wishes to all shareholders. JAO Adyor.