Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Afternoon chaps,
Back off holiday so you’ll unfortunately have to put up with more regular posting me 😂
Re: volume, still a lot off this week with it being BH week. Expect that to tick up next week and in to results.
Delighted about the expanded Iceland range of MP meals. All very much look my thing but can only be a good sign for the partnership. Will be picking some up and reporting back soon.
Expecting to see a tick up in to results, maybe up to that 110p -117p range we’ve struggled to break so far. Matt has also been very quiet. An announcement pre-results would not surprise me at all.
That’s brilliant. Let’s hope MP is stocked!
That 32p one was one of the funnier posts on here for a long while. Had a right good laugh at that.
Hope nobody playing this misses the handle!
Agree yespsb. Been some comical and frankly embarrassing posts on this board over the last few days on relatively small price movements by THG’s standards.
No big boys are selling. Just the little boys. And I dare say some manipulation going on with the low volume. Like I say, I’d love to brave it, and fair play to those who do. Genuinely, well done. But not for me and hopefully one day Matt will repay my faith with a monster RNS.
Not the price action. Shares go up and down. And I’m on the Cornish coast drinking a large glass of Albariño so I can’t get worked up about some low volume pull backs.
What’s frustrating is that I don’t dare trade this thing. Would love to have the balls to play this & increase my holding each time but I know the second I do a big RNS will drop, so I’m just going to buy more on these dips (not now but will take a serious look when I get back from hols).
But I do really hope Matt has something up his sleeve in the meantime.
Looking forward to trying these. Away at the moment but will definitely be heading to Iceland to buy some when I get back!!
Latest revenue info I can get in clif bar is $360m, meaning they paid 8x revenue. That’d value nutrition alone at 5bn+
In all seriousness, the IPO valuation wasn’t that out of whack. Have absolutely no concerns whatsoever here, I’m just holding tightly and will be rewarded. The shorts are desperately trying to escape but won’t be helped by me.
Just going to use any dips as chances to buy more 🥳
US listing coming. Matt warming us up 👍🏻
Exactly pvdave. They’re such kind and selfless individuals. This board is so lucky to have them.
*Qube knows what is coming*
I believe they do. And MW. And Citadel. And Systematica.
The experts are bailing because inflation is falling, environment is improving and most likely Ebitda at least will be rising. Possibly revenue too with all the nutrition growth on a LFL basis.
No idea why anyone would hold and then sell just as they’re bailing. Once they’re all gone the brakes will really come off here.
* I feel the same but I do need to stop checking for any RNS at 7 each morning and be verry happy to see it just open at a new price*
I do the same. Can honestly say I’ve never woken up and looked straight for an RNS as I do with THG. I’m that convinced game-changing news will land here.
Tbf, probably linked to Matt’s teasing comments like: "More to follow here 😉", but I love them. Hope is a powerful emotion and I love the ride. Feel for people that sell or get stopped out and then live with the fear of missing a big one here.
Clear as day what’s been happening here for months. I can’t get myself worked up about it but I do wish Matt’s drop some news that prevented this calm and controlled exit. Hopefully there’s only two more weeks before other buyers return and they can’t control the price as easily.
Agree sharefall.
FWIW in the last few days I’ve seen quite a few really positive signs on the economy.
I’m a contractor, my mates contract ended and he was quite worried for all the doom and gloom. Updated his LI to ‘open to work’ and got an offer next day.
I was then chatting to some mates who work in M&A, said their pipeline has never been stronger and they’re expecting a “tsunami” of deals Sept onwards that have been on go slow for a while.
Finally, looked at a contractors WhatsApp group I’m in this morning. I don’t read it very often but saw a slew of messages this morning and took a look. The consultancy that run it we’re advertising about 6-8 roles, saying they’re having their strongest ever August due to demand. But no takers - everyone in role - so they were asking us to advertise on our LI’s, etc.
There’s loads going on, buoyancy is returning and will continue imo. Press and the like can talk us down if they like but I’m seeing loads of signs for optimism so will be ignoring the film flam.
Nice one polishcap.
Good to hear consumption growing globally & Ebitda margin increasing. All bodes well for us if we deliver similar in September.
Nice to see inflation down sharply again. The trend is clear now.
Glanbia results also excellent, so hoping we see something similar here in September!!
Well I certainly won’t be selling this side of results. Bar an ISA transfer I’ve never sold (and that didn’t work out too well, selling at 66p and re-buying at 68p). Not to say I never would on poor results but that’s not what I expect.
We basically have another two weeks to wait out until everyone’s back at their desks and scratching their heads wondering where they’re going to make their money in the final quarter - liquidity returns. And there’s no UK listed shares more likely to give them decent returns in that timeframe than THG imo.
Good results should see a rapid rerate and of course we’re also likely to see some form of corporate action at some point this year, I’d say.
So two more weeks to wait. Not really much of a chore or even decision to take.
So the shorters keep closing. Even less chance I’m selling here. They know the THG opportunity has run its course and they’re rowing against the tide. They are getting out as quick as they can (as quick as stop losses will allow).
Watch this rerate when they’ve all scarpered.
There’s only two reasons I can think of that MM wouldn’t disclose the price Apollo offered.
1. It was rubbish, but we know he declared the previous rubbish offers and also that it valued a single (lowest value) division significantly above the SP at the time, so unless they were really taking the **** on Nutrition & Beauty (unlikely, as the more established businesses) it must’ve been £2.50+.
2. It was good and MM knew the PI’s would be furious it had been declined so he and the other II’s (who know the offer) could retain control.
I’m going with 2. And I’m also convinced something is going on in the background as we speak. Whether that’s an MBO, an acceptable PE offer, a strategic partnership, a re-listing or planning for premium listing, I’m not sure. So many options, but I think there’s a number of catalysts that could see fair value return here very quickly.
They won’t be getting a single share off me OSG. I’m here for the long haul and big gains.
As I’ve said before, MM seems quiet currently. Maybe he’s on holiday or maybe something is in the offing, who knows, but there’s not a chance I’m selling and missing the big rise when PE come knocking again. Which they will.
Although I’d much rather we rise slowly on the back of results. September’s around the corner…
Zero point overreacting to a relatively small fall, especially when others like ASOS and BOO have booked similar falls today.
Hope the stop losses triggered don’t lose our any holders the big gains that will be coming here over the coming weeks/months.
Still think MM is quiet and the summer months may be when he springs his surprise, else we’ve got results to look forward to.