Member Info for Yesimabeliever

Personally I think it will be a friendly PE backed take private, taking out PI's with the II's rolling. Then use THG as platform to add some more Beauty/Nutrition brands, and pump some more volume through the Ingenuity platform. If they can do this, alongside some third party Ingenuity client wins, then THG becomes a very valuable group. The specialist Beauty market places are very valuable. What's the number that balances risk reward for PE so that they go alongside II's rather than wanting priority rights over nutrition/beauty as Apollo did (which killed the deal)? Probably in the £2's not the £3's. I believe this sort of deal is now doable as THG have stopped haemorrhaging cash, so any investor would be funding acquisitions not the day to day operation as would have been the case last year. Exit for PE would then be to break up the group once Ingenuity is at breakeven or dare I say it even profitable. JMO, feel free to critique

I do agree with @ moniman. The FUD narrative that this will just drift along at these levels in nonsense. II’s need a return. Either MM delivers a friendly event to unlock it, or II’s will break rank sooner or later and a hostile comes

into play.

Reality is FUD have run out of bullets on this which is why all they can do is woof. Good news is coming and will take this up, whether it be improving macro, beating numbers, standard/premium rule change, capital event or a combination of the above. Just need patience

@Mezza If you miss Ste2k, I bet you are into S&M

Wise words from our learned North Korean dictator, who has higher moral standards than those who make up fibs to nick shares from private investors on the cheap

Dr Lao who deleted your post? Is Shiela/APH/Ste2k/Polish Cap sensitive to your suggestion that Marshall Wace might give him a list of FUD to post!! 😂

Lets not forget he was long and ramping at £6 once upon a time. Do the opposite to what he says, you should do well

Yes that was good @cong. And yes the Stebot is up to his old tricks. What i want to know is does Ste2k, APH, Polish Cap, Goodtimescoming etc, go into character as he posts from his multi ID's. I have an image of him flitting from costume to costume, like Phoenix Buchannan (Hugh Grant) in Paddington 2 for those of you that have kids.

He has crossed that line several times:

- claimed homebase client was lost (a proven lie)

- claimed inside knowledge of an upcoming negative RNS (which was a really silly lie to make)

We all know his game, just an odious bully

@steve the market was horrible for the last 2 years. And THG was haemorrhaging cash. Any move made last year would have had the pants down of MM long term backers. Yes Apollo would have given a return to PI’s who invested at the bottom, but at the expense of long term II’s who would have been subordinated to Apollo moving forward. Awful deal for them, so they said no. THG is now in much better shape to do a deal that is in the interest of ALL shareholders.

@404 fair enough, premium may not have been outright dismissed, but from actions it does not appear to a top priority I think we can agree on that.

Yes @cong I think that is their position I just couldn’t be bothered to write the detail about the rule change. Long and short of it is, LSE is not their preferred plan in the short/medium term, so why spend capital on it.

@404, let me rephrase it then, if premium listing was Board’s preferred route forward, they would prob have done it by now

Give the silence on it, looks like the Board have considered premium listing and dismissed it. MM has vocally said they don’t believe the LSE is the right place to finance and grow the business. Yes premium would boost the SP short term, but they would appear to have other plans

It’s only 1 person, talking to themselves!

MM makes at morning post about a coordinated smear campaign on Darktrace, including online chat boards. Nothing much happens all day. Then At 2.30, FUD brigade carpet bomb the LSE chat board, with coordinated outrage about MM's actions, despite owing no shares. You have to laugh

MM post has had zero effect on the share price. It’s just being played with as per usual.

@cantona - agreed, I read the chairman's statement in the same vein. MM still retains the support of the Board and the 65%. Clearly those who work closest with MM don't think he is a madman.

It's not a good look for a plc CEO to be bagging out the LSE or city institutions so publicly, nor for the Chair to sit around and let it happen. They need to end this sooner rather than later.

@unhooked, you are right that MM has it all to prove with Ingenuity as sales currently disappoint. But I think he deserves credit for highlighting some big issues with the LSE, and the smear campaign that Darktrace has been subjected to.

@moniman, I still believe take private is the most likely outcome here. Spin off’s etc still leave the problem of UK listing for the remainder of the group, which MM clearly has no interest in. Wouldn’t be surprised to see Apollo return. Deal structure seemed to be major problem last time, but FCF+ opens open other deal structures where long term II’s can roll. JMO

“Well said Matt, time to get those of us that have had faith in you all along but are yet to reap the rewards of our investment out of this cess pit”

Comment on LinkedIn liked by MM.