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I think the NDC also wanted to see this sort of private funding, rather than them having to fund/loan to ALL themselves as hinted at previously. The funding secured today could potentially speed up ratification. For now, fingers crossed and staying patient

Acquiring funding right after ratification news would have been ideal, diluting when the share price is up after news is a lot better than diluting 11% for only £8 million.

Don't get me wrong, its good that some funding is secured here but it signals that we aren't getting ratification this parliament, its now in September, still no ratification. ALL realised it won't come this session and so need to dilute now rather than in favourable conditions, just tells me that the rat is far away as of now.

GLA

Yeah seems THG Labs is still with Beauty which is good.

Think a lot of those divisions siphoned off to Ingenuity are all losing money and not exactly what we want to see in a beauty/nutrition company so not really a loss in my opinion, still not entirely clear what THG is now using ingenuity for besides distribution/logistics and how much THG is paying ingenuity for these other services, i'm guessing above market price since these are a hodgepodge of niche loss making services.

In terms of manufacturing, I am happy that they are starting to use local third party manufacturers/distrubutors in foreign markets like South Korea, can get a lot more value for money when using CJ Group's existing manufacturing and logistics instead of creating/managing/running their own manufacturing/distribution in low-margin markets.

Ingenuity is NOT what it seems. I initially also thought the demerger was just for the logistics and distribution I.e THG Ingenuity. But it turns out MM gave Ingenuity the following:

ILabs with Ingenuity: https://www.thgstudios.com/iLabs

THG Recycling ECO with Ingenuity: https://www.thg.eco/

THG Labs with Ingenuity: https://www.thglabs.com/

THG Fluently with Ingenuity: https://www.thgfluently.com/

THG Studios/THG Marketing with Ingenuity: https://www.thgstudios.com/

THG Cloud Services/ THG Data Centers/GPU as a Service is with Ingenuity: https://www.ingenuitycloudservices.com/products/

Https://www.clal.it/en/index.php?section=demi

Whey prices peaked in May and have been declining since. They exited, low margin beauty markets that hasnt been fed into results yet, they are using local distributors and logistics companies instead of Inguenity in some Asian markets that will further improve margins. The disposals will also help too.

If THG is still trading in the 30s by September results, we will see a big short squeeze when Matt declares major margin expansion and has stopped the revenue decline. Not long to go now

Good news. Instead of setting up and using Ingenuity in South Korea, they have gone down the asset light approach and are using SGSC as the distrubutor and logistics partner. This is the capital light efficiency we want to see in the lower margin markets, 100% a positive. Stop using Ingenuity in places where there are highly efficient local distributors, follow this model in low margin countries and we can see margin improvements of 10%. Great news

"Working with SG Safety Corporation, a specialist distribution and business development division within CJ group, gives us the ability to reach more customers, more efficiently." “The demand for trusted, high-quality nutrition products continues to grow, and this agreement allows us to meet that demand through local expertise in manufacturing and distribution, supported by the strength of the Myprotein brand. We look forward to working with THG PLC to build a strong and scalable presence in the South Korean market.”

Typical Labour. The "Millionaire donors" are most likely his paymaster Union chiefs who are now turning against him for their own greed. Classic Labour. Starmer must be the most hated PM in recent history, according to Polls he is as unpopular as Lizz Truss, gotta hand it to him

Https://www.24matins.uk/pr/clear-whey-isolate-market-opportunities-and-strategies-to-2034-innovative-flavors-and-strategic-collaborations-drive-market-advances

The global clear whey isolate market is expected to grow from $456.34 million in 2024 to $626.26 million in 2029 at a rate of 6.54%. The market is then expected to grow at a CAGR of 5.82% from 2029 and reach $831.05 million in 2034.

The global clear whey isolate market is fairly concentrated, with a small number of large players dominating the market. The top ten competitors in the market made up to 38.65% of the total market in 2023. The Hut Group Limited was the largest competitor with a 9.32% share of the market, followed by Royal FrieslandCampina N.V. with 6.66%.

Going forward, the food segment is expected to be the fastest growing segment in the clear whey isolate market segmented by application, at a CAGR of 7.44% during 2024-2029.

The top opportunities in the clear whey isolate market segmented by form will arise in the powder segment, which will gain $144.31 million of global annual sales by 2029. The top opportunities in the clear whey isolate market segmented by distribution channel will arise in the offline segment, which will gain $95.17 million of global annual sales by 2029.

Small revenue decline is fine as long as they show EBITDA improvement. Market wants to see profit and margin improvement at this stage of THG's life, its a market leader not a growth company anymore.

Classic tactic from JPM. Their broker notes are for their own holdings and client holdings. Must have some large clients doing shorts on THG to allow them exit. Did the same for ITM Power, Rolls Royce, IAG... The list could go on.

Broker downgrade at this point is actually bullish if you understand how these banks broker notes operate

I dont think any are allowed to do it automatically but can be opted in if you want to earn yield from shorters.

It blanked out the link but was basically to Trading 212 share lending page

not sure about ii, i know trading 212 and etoro do it as a fact. basically turn on a setting on the platform which then automatically lends all your shares for about 1-10% yield on each share (depending on short costs/%). could probably earn a fair bit from thg seeing as how much free float is shorted

https://www.**************/share-lending

Retail traders can loan shares now. Etoro, Trading 212 and others allow you to automatically lend out holdings to earn yield. Stock lending schemes.

Also, shorting isnt bad, I short different shares regularly on my trading platform. It's when the big funds start shorting and using illegal/dubious tactics to make their shorts do better.

Nice positive price action from the RNS today

Progress is usually faster in African countries from my experience. When the government wants to get something pushed, they push it faster than the legislation cycle in the West at least, this has obviously not been the case with the NDC but was the case the NPP when they held the power.

Lithium shares up 5-10% today on news of mine closures in China yet ALL is straight down the reverse. Not great

The way that Wise works with their Fund Pools, with the increasing customers and transfer usage, it really shouldn't have this much effect on their margins. According to Wise's logic, they can decrease fees due to the pool size increasing which is essientially economies of scale, bigger pool = cost of transfer and FX differentials being lower which then Wise can pass on to customers via lower fees. Its liquidity efficiency and scalable infastructure where the benefits are being passed onto their users, which in my mind is a great long term business model. But in todays RNS, we see a margin tightening, they claim its front-loaded which I will tend to believe but the 25% rise in admin costs, the increasing lower-margin card-only customer %, and now claiming they see 13-16% margins instead of 22%. I see them cutting the fees in future as long as margin holds around that lower range, probably from 0.54 to 0.50.

Overall I see Wise a long term hold but some sustainability questions are arising about their fee cuts, even when they currently have the lowest fees in the market.

The problem is stamp duty on UK shares making international traders shun LSE. Also, the last 4 years have had constant outflows for Global, US based and even UK funds from UK listed shares that has really hammered down share prices for a lot of British companies. To reverse this, they need to make UK a more attractive place to invest, which means less taxes and this is labour we are talking about who love to tax anyone not on government support and give the money to people who don't work, gotta keep their voter gravy train going...

I am actually positive on the Cash ISA reforms, too many UK investors just save in a cash ISA instead of investing in our country, I see it as a positive but it's not going to be fix that Reeves is seeking.

Big news today. Chairman and now CEO both stepping down within a week, change is coming and it will be positive for shareholders