RE: Grasping at straws5 Apr 2025 16:44
THG have just reiterated their previous statement in Friday's RNS.."THG is a cash generative company, debt repayment arrangement pushed back nearly 5 years until December 2029 allowing THG to gradually run the loans down as part of what looks like planned deleveraging now that Capex (post Ingenuity demerger) has dropped from circa £110 million down to £20 million per annum...potentially opening the way to pay dividends...If it hadn't been for the Trump tariffs grabbing all the headlines and panicking the markets, I think THG would have risen on Friday...patience required and let the weak holders sell their shares to Frasers at a discount... 😃