Member Info for Yesimabeliever

You really are an odious, arrogant fella Ste. Yes, there is a relationship with Jefferies. Back under your rock

Who says nobody is interested in a partnership/deal? Jefferies advised THG on the Apollo deal, there is clearly a relationship there. MM needs to do a deal of some sorts pretty soon, otherwise II support won’t stay patient forever

Welcome back Crafty..it’s been a bit bleak on here without you. Interesting that 2 US Banks are beating the drum, suspect they are sniffing around US orientated advisory work, although Jefferies hinting at partnerships as opposed to US listings. How do you access to the Telegram group, and is it any good or are there usual suspects posting constant negativity on there

What a loose of garbage GtC, king of FUD. Pretty sure things were bleaker with whey prices were double where they are today, and there was no light at the end of the tunnel on interest rates

Thx Brenchk

GTC or should I say Ste.

MM's post today was silly, we all know that but a few facts vs your opinion

Apollo big wasn't acceptable to rolling LTH due to subordinated rights - rejected by BOD

CEO of Ingenuity walks - we don't know that, could well have been asked to go

Homebase loss - unsubstantiated rumour currently, based on a glassdoor post that you could have made

What a week, 30m share dilution, Homebase lost as a client, ceo of ingenuity walks, and 58p. Was 90 months back

I'm with Pearl, I'm topping up. A lot of emotion over MM's post, but its not his first rodeo, or indeed his first 2 fingered salute to the City!

Personally I think its intriguing, he's succumbed to pressure from somewhere in the investor base to remove Iain Mc, clearly reluctantly.

I still believe in the underlying value of the assets of THG and more than delighted to be adding at these levels.

If MM can’t deliver Ingenuity I don’t believe MM will retain the support of the LTH’s, at that point he gets ousted and someone else has a go, or the group is broken up. How close is that? Only the Board/LTH’s has the visibility. 3 years ago SoftBank saw enough in Ingenuity to value it a £4billion, 12 months ago the Board rejected a bid that allegedly valued Ingenuity at c£1 billion. Today Vivek is gone, and the City has Ingenuity valued firmly as a dud. We don’t have the full facts on what is going on in Ingenuity, but lack of progress in terms of new client wins makes MM’s position look weak to me.

Who’s the second one pvdave?

Good luck @ hardwell, and 1pencil thanks for the share. All points towards Jefferies being on the ticket to find strategic investors/partners in the US for THG nutrition and/or beauty, having advised on the Apollo bid and now positive jawboning from analysts. US FMCG with strong domestic foothold, but looking to tap into THG international expertise/infrastructure would appear to be ideal partner, whilst THG could tap into US offline distribution...Jefferies should have the US network to deliver that, lets see what they come up with

In fairness I wouldn’t put it beyond multi account Ste/GTC to create a glassdoor account and make up Homebase contract loss. I’ll await proper news

He can’t get off the cat litter I heard

What a saddo.

If ever there was proof that Ste2k and GtC are indeed the same person, it is mutual love of the 61.8p rejection...yawn

@1pencil, thanks for the Balderton share, an interesting read.

From memory, didn’t one of the ex Balderton Partners make a significant share purchase on their private account at or around the time of the Apollo bid? Does anyone have the details and do we know if they are still in?

Great post @ Yorek, the best synopsis I have read of the Ingenuity opportunity. I have been disappointed on lack of big client wins since the pivot to enterprise, but these deals are complex and hopefully it just needs more time as you say.

I’m giving MM the benefit of the doubt for now, he is a growth guy and might rediscover his mojo as the macro starts looking better. But needs to start delivering what he said is going to deliver. If he is looking at investment/partners in the US, rate cuts might be the catalyst to get things moving.

Personally I don’t see how MM maintains the support it of long term investors who rolled at IPO with the current status quo of inaction and letting the share price languish. But time will tell

Cue Ste metamorphosing into goodtimescoming. He doesn’t like be reminded that he once LOVED this share

Great audit FUD Ste. A real belter that.