Member Info for ViciousHippo

I doubt the NHS could manage if service providers like totally go bust. They may step in in some way. We'll see. But it was clear the balance sheet was a mess because contractual liabilities were far in excess of current assets. They were taking the upfront money from nhs contracts to pay for past expenses, so they were always behind the curve. Like a Ponzi scheme it eventually collapsed.

Aim is a pile of rubbish!! I've learned my lesson

Another AIM death

I mentioned before the maximum measured move down is 17p. That might be the point to buy some shares.

@Investing101 - Regarding the £1.70 "undervaluation", that included the hope value of management for Ingenuity. Management always felt that Ingenuity should have an S&P style tech valuation. Tech valuations are reducing and Ingenuity has gone anyway, so forget all that nonsense...

I previously said - to much ridicule - that the high probability technical downside target was 27p. I believe it will stabilise here. However, I will note there is a further lower probablility technical downside target is 17p. Given the history of this share, that would not now surprise me one bit. If it gets there and they finally release some good news on growth, that should be the time to buy.

We are retesting the 31p low. We will finally find out whether there is support or not at this level. I am assuming there will be but we shall see. Been excruciating journey so far.

@Telx - Ingenuity was a demerger, it was NOT a sale. A demerger means shareholders are entitled to a share of each business. There is no premium in either direction.

I've got Ingenuity shares. You could also have. Nothing has been pinched - anyone could opt for Ingenuity.

If it is illegal, you should report it to the police

@Okehurst. I'm pretty sure delisting requires at least 75% shareholders vote, not 50%.

@stanleyb you state "there is clearly serious 'illegal' activity going on with THG's share price "

What serious illegality? As it is so clear, can you please report this to the police.

This share will not go up until management in Beauty and Nutrition (not MM or the chairman etc) start doing the hard graft of making money, instead of having fun spending money on DEI programs and rebrandings.

First of all management need to get their head around that fact (if they ever do), then they have to find a way to turn things around, including changing the culture. This will take a long time.

They need to stop the party and turn this into a hard working team. Will they? We don't know. And until we do, this share isn't going anywhere

This has an extremely high probability of testing the lows at 31p. I really dont recommend anyone to buy before then - it's another 15% lower. Why waste your money

After it has tested the lows, then see what happens. If it holds, buy in then. If not, stay well away. This share ain't going nowhere until they prove they can grow revenue. It's actually quite a terrible company. Prolific spender, no growth. I bought into it only because of Ingenuity. Big mistake!

It is inevitable this will re-test the lows 31p before deciding what to do. If there is support there, it will bump up and down until there is some progress on revenue growth.

Obviously if it breaks 31p to the downside, that will mean no-one has any belief in the management of Beauty and Nutrition. I include myself in that. The only thing they have achieved in the last two years is some diversity programs and a pointless re-brand.

All that may be true, but this is clearly going to retest the low at 31p into earnings. THEN it might go up. But not before. THG need to show growth in Beauty and Nutrition. They have had no excuse - with a booming US economy and the UK the least bad in Europe, a state of the art fulfilment centre, online presence, small nimble mover - not to grow at all. The Beauty and Nutrition divisions need way better management, ones that grow businesses, not just do the easy stuff such as diversity programmes and rebrandings.

@Traintracks - the dismissal of the £1.70 offer was always predicated on the belief by Management that there was real future value in Ingenuity. Personally I do not buy that Beauty and Nutrition are worth more without Ingenuity. They havent achieved any organic growth. Ingenuity may not be as valuable as Management believe, but Beauty and Nutrition may not be as valuable as many on this Board believe either...

@Moniman - the £1.70 included Ingenuity. Without Ingenuity, that red line may be significantly lowered

@Jed - the whole point of a small company that's had £1bn of investment into high tech fullfilment is that it should be nimble and able to outperform big retailers. Instead of winning the game, the management of Nutrition and Beauty want to act like big company management and do the easy fun stuff like Diversity programmes and rebranding. Until management at Nutrition and Beauty is overhauled, this aint going nowhere.

@Hardwell - i cannot agree with you I'm afraid. This is a mess of a company with a management that is not making any progress on revenue growth. They have been acting like a big company, focussing on M&A and diversity programmes, instead of being nible and small and grabbing market share from the bnig boys. And when I say management I do not mean MM. I mean the underperforming management in the trading subs.

This lousy company's share price will not "re-rate" until they stop being a lousy company.

I wish I had taken even more Ingenuity shares now...