Member Info for Yesimabeliever

You think crafty? Just looks to me like we are swinging around on US rate sentiment. Down from 77 after Fed signalled only one rate cut in 24 a few weeks back, now back on the uptrend as US labour market showing signs of softening.

Come on FCA, lets get these LSE rule changes announced and see if that brings in some fund buying. Oh an come on MM, lets have some more Ingenuity wins please.

Sentiment seems to shifting back towards US rate cuts with softening US labour market..this could be back in the 70’s shortly

Agreed multiplier, patience is the game. Market has presented so many opportunities at the moment, but not many better than s4.

Agreed the FUD has gone a bit quieter on here recently. But there have been lulls previously, before building back to a frenzy pre results/trading statements et!! Confident LSE rule changes plus easing inflation in US will shift the dynamic here and we’ll get a decent run up to a more sensible valuation based on current cash flow. Onus still on MM & team to deliver some game changing news to give us a proper rerate. Crafty, you seemed bullish on Ingenuity pipeline post agm. Any further insight?

Sorry 27th June vote…someone on here said it was voted through. Damn auto type.

The recent FT article said vote was 27th, with rules expected to be published shortly after the election..they were pointing to mid July from memory. Someone on head mentioned rule changes were voted through, but don’t know their source and if this was fact or fiction.

Let’s not forget with election out of the way, lse rule changes will be announced by FCA in the next couple of weeks…

Not expecting Starmer’s labour to do UK investors any favours unfortunately, even if it is what UK markets need. Wealth will be taxed any which way they can IMO, you only have to look at VAT on school fees as the direction of travel

S4 capital up 5% today, THG up 3%… both standard listed. Coincidence?

@spier, I’m expecting when THG moves into the 250 index it will force active managers to start looking at it again, in particular if there is a bit of short term outperformance. Harder for PM’s to ignore a share that is in the index against which they are benchmarked

You think oculus? All of my growth LSE shares have been p1ss poor since the FED announced they expected only 1 cut this year.

Recommendation: sell up and move on PMH, find a share you like owning, you might lighten up

Hardwell can’t do that as he owns no shares, but posts on here to manipulate people’s emotions. Not great behaviour hence LD calling him out

🥳 LD1973

Well done 1pencil well deserved, always appreciate your insights

😂😂404x are you Oliver Cookson in disguise?? You clearly have an axe to grind

@moniman we have reached a new low comparing MM to Robert Maxwell, a fraudster who embezzled from his employees pension funds.

MM has made his mistakes and is far from perfect. He was certainly guilty of believing his own hype on THG at IPO after the sugar rush of COVID: But where were the city advisers reining him in?

Still his long term backers are still behind him, so he isn’t a crook and let’s not be throwing Maxwell comparisons around

@starfighters post appears to have disappeared???

Anyway, I really struggle to understand why people are trying to paint Coggles as a bad deal for THG (even if cash consideration was minimal or dare I say it zero).

Listed investors aren’t interested in turnover for Ecomm businesses anymore, THG is being scrutinised on Ebitda margin and cash generation. Coggles is still loss making (nearly break even), and would require a significant cash injection to improve that position. Zero value to THG. It is non core, doesn’t justify the ongoing investment and has been rightly moved on. I can’t imagine there would have been lots of suitors for Coggles in the current climate, but they have found a home for it. I am sure the Board have scrutinised the economics/merits of the deal as is their responsibility.

And in return, a 3rd party recurring Ingenuity revenue contract and a partner in Frasers to support a new Ingenuity product in the form of consumer credit.

Looks like good business to me, aligned to THG’s strategy to focus on Ingenuity, Nutrition and Beauty.

Its not just crafty that is bemoaning the state of the LSE. Shares across the board are trading at pretty significant discounts to their international peers. Kelso put a pretty thorough piece out there on it, as have others - it is well documented. The LSE has been in dismal shape post Brexit, not helped by the fact that the UK was an outlier for the wrong reasons during the inflationary surge. Hopefully things will reverse and investors wake up to the opportunities in the UK, but I know for a fact that those that manage the bulk of my money are still allocating overseas in preference to the UK.

THG comes with its own special baggage but therein lies the heavy discount. I still expect a take private here, but believe Ingenuity needs a couple more significant client wins to get a sensible valuation of PE (and possibly a rate cut). JMO

Funny that polishcap, John Roberts got labelled an idiot by the city for many years post IPO. Turns out he’s not. Sound familiar

@pmh @specimen

Do you own any shares? If you do (which i doubt), I suggest you now sell. CA/MM going nowhere, and have rock solid support as per AGM vote. It makes zero sense for you to hold the shares anymore. goodbye.