Member Info for stanleyb

Agree, Directors buys would be prohibited by the NED if andy takeover or buyout plans are going on in the background.

@ Oculusprime...Interesting that the big holders didn't roll into Ingenuity demerger so maybe an offer for the entire group is being put together hence why this so called speculative Selkirk approach was flatly rejected by the BOD and big shareholders, so does that mean something else is going on wouldn't you say?

When have you every heard of a company being offered twice the valuation for 1/3 of its business (in this case just Nutrition) yet the SP falls. The Selkirk bid on a pro rata valuation was effectively valuing THG's entire business including Beauty at somewhere between £1.2 to £1.8 billion (i.e. £400/£600 million just Nutrition) seeing as their offer was for just 1/3 of the total THG Group's business. Serious Fraudulent activities going on with the SP here it seems don't you think?

@100 notout..exactly the City is bent and the London Stock Exchange and Financial Conduct Authority are complicit. Just look at the calculations regarding valuation of THG's Nutrition vs APN and SIS...it's 100% clear market manipulation by some very big players and potentially a suitor working with Hedge Funds and market tools including CFD's etc...

So Sports in Science has a valuation close to that of THG's Nutrition Division with just 8% of THG's Nutrition sales...? Likewise, APN has a current valuation 3 x times that of THG's Nutrition Division with just 15% of THG's Nutrition sales...? Has someones calculator broken?

THG My Protein Nutrition Sales circa £600 million company valuation £100 million.

APN Sports Nutrition Sales circa £100 million company valuation £300 million

Sports in Science Sales £52 million company valuation £82 million.

Selkirk offer for THG My Protein £400 to £600 million Rejected..THG total company valuation (including My Protein and Beauty divisions with total sales £1.7 billion) as of 6th May 2025 £320 million. Go figure that out!

Https://www.ft.com/content/641f2cbc-e7d7-494d-b698-b794fd75f656

Can we assume when Nutrition hit the £1 billion sales (which shouldn't be too far off seeing as My Protein has developed loads of new partnerships and global retail relationships), that £500 million will dissappear into MM's back pocket somehow?

I would expect THG's Nutrition Sales to be heading towards £1 billion plus in rapid time judging by what has been said in the Annual Report and discussed at the recent Conference call considering the huge new tie ups and products pipeline acceleration with global entities..?

Let's discuss My Protein/THG Nutrition.The current market valuation is £100 million (i.e. 1/3 of THG's total business by sales revenue Beauty the other 2/3). Selkirk supposedly offered upto £600 million just for My Protein...that's 6x the current valuation for THG's Nutrition Division and twice the current valuation of the entire THG Group's business! As for My Protein, the business brand now has multiple tie ups with global manufacturers and retailers not just selling sports nutrition supplements snd drinks, but now numerous food products across all of Iceland stores, Muller dairy products across multiple top tier retailers. Sports nutrition products globally including Boots, Holland and Barrett, Walmart and Costco in North America, sales in Asia Pac specifically Japan and North Korea but also available in India and China. There is also My Vitamins and My Protein sports clothing brand available in retailers, gyms including Sports Direct. All of the new sales pipelines must surely be propelling My Protein/ Nutrition products to much higher sales volumes globally. So one would assume that the annual sales by the end of 2025 are going to see a massive uplift compared to the past few years before all of these relationships and new products existed. So how on earth can Nutrition only have a market cap of £100 million when Sports in Science and APN only have a tiny tiny fraction of the market compared to THG's Nutrition Division?????

Maybe the matter should be reported for a conflict of interest if so?. Not sure how FCA or LSE view this sort of arrangement when the CEO of a public listed company on the LSE is also the CEO of major supplier to that entity having recently separated that entity for a valuation supposedly significantly less than previously valued by a third party/potential bidder i.e. Apollo was mentioned by someone wasn't it? Any thoughts? JAO Adyor! What is the Chairman's view on all this and upholding the "Highest Standards of Ethical Behaviour"..? JAO Adyor!!!!

This is what AI thinks at the moment, but obviously may change!

it's not confirmed that Frasers Group is about to buy out THG. While Frasers Group has increased its stake in THG, including acquiring THG's luxury goods websites like Coggles, this is part of a strategic partnership and investment, not a full takeover.

Here's a more detailed breakdown:

Investment and Partnership:

Frasers Group has become a significant investor in THG, holding a 10.9% stake in the company. This investment is linked to a broader strategic partnership between the two companies.

Acquisition of Luxury Assets:

Frasers Group has acquired THG's portfolio of luxury goods websites, including the Coggles fashion retailer, as part of the multi-year partnership.

No Full Takeover:

While the acquisition of Coggles and other luxury assets suggests a close relationship, it's not a full takeover of THG. THG remains an independent company, and Frasers Group's stake represents an investment and partnership, not outright ownership.

Strategic Benefits:

The partnership allows THG to leverage Frasers Group's retail network and customer base, while Frasers Group gains access to THG's technology and Ingenuity platform, as well as Myprotein products. ...

Watch this space! Adyor!

Has an agreement in principle already been agreed between MA and MM to buyout THG in December when MM can convert his loan into shares?...If the two of them are acting in concert already, this should be made public and the Chairman is responsible for ensuring the CEO is adhering to the highest standards of ethical behaviour. JAO Adyor!!!

What is Frasers(MA) part in all this...there is obviously some sort of tie up between Frasers and THG going on..recent sales of Coggles luxury brand to Frasers, then Frasers buy 11% of THG shares, My Protein products and Apparel available in Sports Direct..Will Frasers be making their own bid for the business in light of Selkirk recent approach (assuming it was genuine?). Mind you would it be ethical for THG's CEO/BOD to put another AIM shell company up to putting in a fake bid as suggested? JAO Adyor!!!

Why would the CEO invite brokers from Barclays, HSBC etc to a conference call only for them to downgrade THG despite the CEO and CFO giving a positive outlook for growth in both Nutrition and Beauty divisions??? Very suspicious don't you think?

Interesting reposting of GB's post...by CheshireLad, if true then there should surely be some referral to FCA or Fraud squad in relation to valuation and sale of Ingenuity and the CEO/Chairman if they previously stated the valuation given by Apollo was £1 billion and then took it private for £25 million a year or so later don't you think? JAO. If the very recent Selkirk bid circa £500 million was genuine, that is five (5x) times the current valuation of My Protein/Nutrition division (represents £100 million at today valuation i.e. 1/3 of THG total business)..How can the CEO/Chairman/BOD refuse to put this offer from Selkirk to shareholders and subsequently do something that is less beneficial to all shareholders in future? JAO Adyor!!!

Looks like Moulding has stitched up the BOD of Kelso?

So this £80 million headline here is a load of nonsense, it's actually £22 million per annum...one assumes for services rendered space?

Restated again last week....·"... As previously indicated, capital expenditure will Reduce to c.£20m p.a., with cash lease payments reducing to c.£22m pa. Cash adjusting items will be temporarily elevated at c.£15m incorporating costs relating to the demerger...."..

There is No Mention of £80 million lease payments?

https://www.lse.co.uk/rns/fy-2024-results-and-q1-trading-statement-lymoz4jac9sxd30.html

Where is the £80 million lease figure coming from...this is the statement from the company on lease and capex expenditure from Q4 update..." Specifically, capital expenditure will 'Reduce' to c. £20m pa (FY 2024 pre Demerger guidance: £100m to £110m) and cash lease costs will reduce to c. £22m pa."

https://www.lse.co.uk/rns/q4-2024-trading-statement-2tx8ubiykyr2qoi.html