RE: Peel Hunt as a benchmark19 Sep 2024 11:29
Onsolidground thanks for link which I just read. Bit confused though. This was one of highlights:-
"As Ingenuity Sales reach £1.2bn (c£700m today), THG shares are worth 383p. If Ingenuity EBITDA margins also reach 15% (low single digit today), the shares are worth 452p"
But MM now saying they will sell off Ingenuity? So does that mean this point above is now obsolete? Any future Ingenuity sales will not belong to THG? Where does that leave Peel Hunt's prediction on future shareprice of THG?
Surely this report is now out of date completely? Or have I misunderstood?