Member Info for thewonderer

Pearls/OSG: "Pearls if all that stock needs cleared as you suggest"

It doesn't? The newly allocated shares were bought directly by MM/MA and (apparently) eligible II's, on the day they were allocated i.e. Thursday last week. They weren't dumped onto the open market for market makers to find buyers for.

"One things for sure - that's Q1 over - and Selkirk don't seem to have made an approach for anything in Q1 as they had hinted at."

Someone could email them info@selkirkplc.com and ask. (info at selkirkplc dot com). IIRC someone here did so about a month ago and they responded the same day saying that they were still exploring options, and Iain McDonald was CC'd).

"How much of the 23m shares are there still to be mopped up?" - why do you think that? The new allocated shares were bought directly by Moulding and "eligible II's" presumably on the day they were allocated (last Thursday), i.e. were not put onto the open market for market movers to find a buyer for.

And you could message Edward Koopman on LinkedIn, managing director at Sofina and THG board member. We have no idea what amount of pressure, if any, the BOD are putting on MM to turn this around or indeed to step back from his CEO position.

"My next thought is to start reaching out directly to members of the BOD for some insight / express growing shareholder frustration"

McLaven, you should. Sue Farr is currently responding on LinkedIn to congratulation messages for an award she's shortlisted for. You could reply, she'd see it. Or replying to Ian McDonald in one of his interactions with Moulding.

The cut off for FTSE 250 inclusion will be in the region of £435-440m, which is equivalent to a THG share price of 32.7p. Indicative cut-off is this Friday, and the final cut off is 4th March. It would need a sustained drop of 13-15% from today's 37.9p to 32.7p in the next 10 trading days to miss out.

OxfordBull - "Yes Chrisdp86 that’s exactly what’s happening here, they are cutting it loose to save it because the rest of the business doesn’t make any money and so it will likely go bust soon."

Look at previous FY numbers. The two remaining divisions are likely going to make £80-120m ebitda in 2025, maybe £40-70m cash. But you were saying...

Yep, that is literally word for word what ChatGPT says about the Ingenuity demerger - try for yourself. CitySpy is trying to dupe people by posting AI generated analyst reports.

"It's true that the vast majority of shareholders have retained faith in MM at the recent AGM. The million dollar question is why and I hoping that we find out soon."

100% this. If only someone here had connections to the 65% II's, to ask their reasons for maintaining loyalty. I reckon they had influence on Iain McDonald's departure. Have they given MM an ultimatum for executing on those capitol events to realise shareholder value?

Many thanks! When was this recorded? I'm not sure I agree that capital markets are getting back to normal... daily volume for THG trades has been very low in recent months, and the lack of sustained buying has seen us drop from 73p to 57p.

Links not working again. What does he say in these? When were they recorded?

Spotted that too. Is this just scaling up the barge deliveries? Or another project?

We should also give Consuela the space to say whether they only have a grievance for JW, or if they also wish for financial loss of current HARL private investor holders.

*empathize

My thinking is if others on this message board understood the underlying grievance, i.e. what this is really about, then they'd be less hostility from both side. I would emphasise, as I'm sure others would, if we knew a bit more about the nature of the issue with JW. Unless we ask, Consuela's issue might go beyond the historic Infra context.

"I am emotionally attached to JW and what he's done"

Putting all judgements aside Consuela, what has he done that has affected you? That's a sincere question.

Si_Derman, I must be near you, I quite often drive over the South Queensferry bridge and always have a look at what's docked at Babc**k, hopefully heading to Belfast.

Hi Kaeren, "They are 100 % working".. did you ask JW if he's expecting the finance deal to conclude in 2023? What did he say?

Maybe someone should reply to Ben's LinkedIn post and ask when to expect the funding announcement.

What's the name of the telegram group for Harland & Wolff?