Member Info for Ste4000

L2 looking fantastic, lots of buyers.

1.30 fine by me. Glad we agree there. We're getting somewhere Pauly.

I'm just dying to know what L2 looks like right now.

Cheshire, you say mates rates buy in, and that might be true, but it's likely to be in a format that MM will accept, for him to be allowed to retain control, unless MM has become disillusioned with RemainCo now he is 50% shareholder in Ingenuity.

Iain Mc stated £500m for 49% of a division in an undervalued UK conglomerate. This SHOULD set the price.

Is £1bn undervalued for Nutrition? Under the correct management yes, but we have a bunch of amateurs running this so £1bn looks quite attractive at this stage, especially since you can get a piece for the entire group for £500m currently!

Selkirk stated a bid would come in Q1 2025, and they intend to move quickly. If it's Nutrition, we might see activity very very soon. If not, that'll be soul destroying and I'd question why not.

That aside, hopeful but not expecting a TU that isn't horrendous.

Yespsb, you seem to know a lot about Paul Scott...

Steve, I structurally, materially and fundamentally hate red vectra estates, don't you?

Do you mean that podcast they do for voxmarkets?

Featuring Paul Scott and Paul Martin Hill.

https://www.youtube.com/live/pSfNnI5eDgY?si=pnIOehENFlLnEFeU

Steve what's happening to L2? Horror show?

Thanks for letting us know your working assumptions Steve, a real revelation. Any thoughts on Selkirk?

Kbyk - that's unfair, Cong has had a much greater impact on the SP than The Good Lord. Albeit downwards after investors think:

Wtf, is that what management are spending their time on, a plastic gorilla for a cringey xmas video, rather than trying to improve trading?

Cong, because that fits their narrative.

Yes gottahunch, being that psychopathic and obsessive has got to be the same person. Absolutely deranged.

Can you go back to the asos board Steveypilot?

Polishcap, Barnt Green nice this time of year?

You really are unbearable tiger.

According to Steve, Selkirk were in for Boohoo? Still true paulypilot?

Be nice if buys are related to Selkirk...

He's 53 next month, maybe he wants more of a backseat and to go on more holidays. The podcast he did alluded to him having limited time and wanted to spend it doing more things he enjoyed.

Feel bad for the guy in a way, to be told every single working day that you're a failure of a listed CEO through consistent SP declines, but a lot of people have a lot at stake. Let him take Ingenuity and sail into the sunset, what institution is going to back him again after seeing the last 4 years?

If MM leaves, the SP goes up even if Beauty and Nutrition have cratered.

I think MM is gone.