Member Info for Yorek

I joined the Myprotein Community last night: https://www.myprotein.com/myprotein-community.list?affil=mpppc_campaign=71700000112553451&adtype=&product_id=&gad_source=1&gbraid=0AAAAADuhnyECq4by_Ws0JzOitGXt1QOHx&gclid=CjwKCAjw7oeqBhBwEiwALyHLM0b-OxcW_U9bzjNAEuPHynvRI811JwWfObsapuaMR5FG0dmwbRvI0xoC6uUQAvD_BwE&gclsrc=aw.ds

Very clever in my opinion. Building and further engaging the Myprotein tribe.

Lots of research to let you have a say….and free insight/data capture for THG.

I genuinely hope you’re right OSG.

OSG, I heard that too about Matthew Rothwell, but I’m wondering if it was an error…

On LinkedIn he is the Chief Financial Officer - Group & Platform and Bloomberg have him as Deputy CFO: https://www.bloomberg.com/profile/person/21965229?leadSource=uverify%20wall

I would like it to be correct…as he has a solid background, but I’m not sure…

“THG-owned King Street Townhouse Hotel slips into the red despite rising turnover”.

Strong performance so far in 2023 reported.

https://www.business-live.co.uk/commercial-property/thg-owned-king-street-townhouse-27993189

I did say it was “trivia”……although if Ingenuity list offshore, I would feel slightly deceived by Vivek. Just my view.

Premier foods (where Helen Jones on THG board is a NED) buys a protein enriched brand:

“Premier Foods has acquired 100% of FUEL10K, for an Enterprise Value of £34.0m, equivalent to an EV/sales multiple of c.1.6x on revenues of c.£21m”

RNS here: https://www.premierfoods.co.uk/CorporateSite/media/documents/investors/results/2023-24/Premier-Foods-FUEL10K-acquisition-30-October-2023.pdf

It’s interesting to see that the profile headings on LinkedIn for Matt and Vivek both mention the UK. Neil mentions the “World” and Lucy’s is very understated:

Matt - Founder & CEO at THG | Building a global giant from the UK

Vivek - CEO at THG Ingenuity | Building a global technology giant from the UK

Neil Mistry - CEO | Creating the World’s Most Empowering Health Movement

Lucy Gorman - CEO Beauty @ THG

If anything is going to the US, this might indicate that Nutrition is the most likely.

Just a bit of trivia for a Sunday evening….

Posted by Senior VP - Ingenuity:

“ One of those defining moments on the THG journey……🌍

We announced multi-year commerce partnerships with Williams Racing F1 and L'Oréal. Signalling intent and acceleration of Ingenuity growth plans across the US.

🏎 Williams Racing, THG Ingenuity will provide commerce services across technology, fulfilment and localised marketing services. The relationship will build global brand awareness for Ingenuity and access to enterprise prospects in line with our strategy. Our teams have activated in Texas, Mexico and looking forward to Vegas and Miami. Alongside US Tech giants.

🤝 L’Oreal US, this week we were delighted to launch (re-platform) Biotherm (US) and Shu Uemera (US/Canada). A great example of leveraging integrated services through Ingenuity US infrastructure and services, such as MOR, payment, fulfilment centres (autostore), final mile delivery, customer services and marketing execution (NYC team).

💡 💄 For the Beauty Industry, Ingenuity x THG Beauty is positioned to simplify/consolidate commerce across brand.com, retailer.com (dermstore, Lookfantastic…), marketplace, omnichannel (offline integrations), social/live selling and centralised fulfilment (D2C / B2B).

🗽US Future of Commerce Event, last week we welcomed over 200 guests to our New York venue (hosted by Brendan Drake – Ingenuity US SVP). Many consistent trends from our UK event, with senior enterprise leaders urgently seeking a lower cost to serve and simplified multichannel execution.

A serious levelling up as we continue the climb and focus to deliver for our clients. 🏋🏽‍♀️

Thank you to the Williams team Aidan Lyons James Bower and to L’Oreal North America team Annie Grégoire. Looking forward to breaking more new ground together.”

A “consortium” is allegedly looking at it now….the deal with the original party, that fell through, was with ICG.

Thisismoney obviously couldn’t access this article either, to give more up to date commentary on the situation: https://reactnews.com/article/consortium-revives-deal-for-thg-founders-business-park/

Now look who’s deluded moniman 👋

Well, I never thought the share price would be back here either…..but as a “long shareholder”, I can categorically say that it is frankly not “an absolute disaster”.

Value will out eventually, although patience is needed.

You really are a sad individual moniman. Just my opinion.

Tomorrow I will find the filter button to put myself out of your misery.

Agree. Apollo don’t seem to have acquired stock ahead of recent approaches elsewhere.

Personally I feel like there’s a chance that one of the divisions could be taken private &/or floated elsewhere….and that MM may be raising capital to make sure he can buy a significant stake in that division when it splits.

I’m in the same space as knowbodyyouknow. I’ll be happy to wait for value to out with no capital event. I n FMCG I have a view of the challenges in our markets over the last couple of years and I genuinely believe that THG has made the right calls, even though growth will be delayed because of it. Most of my holding is in my SIPP, so that when times are really terrifying (which is far too often than I would like), I remind myself that it’s money I can’t touch yet anyway…

Nice write up in the Mirror:

https://www.mirror.co.uk/money/shopping-deals/i-unboxed-espas-wellness-advent-31285395

Oh dear, the shorts are really scraping the barrel.

Quite frankly it’s nice to see other stocks get beaten up for missing expectations. Nothing to do with THG.

Thanks to all for the research ref Philip Morris. It’s all new to me.

Sue Farr is also a SID at BAT, so plenty of experience in this area (with Vivek)

Personally I think they should sell their remaining stake in Ocado retail to M&S (M&S like buying challenged partners ref: Gist) and merge with Autostore.

Well done OSG.

It will be interested to see if there’s another TR1 after today’s performance.

I find Lingotto buying over 5% in a relatively short space of time and just before the Amazon rumours intriguing. Their initial buys were at the lows, but their early October top up was higher than today.

Agree OSG, but all that says is that they have co-developed the range and agreed a THG/Iceland supply partnership for 5 years. It doesn’t say anything about not being able to expand outside of Iceland. For all we know, Iceland may be getting a cut for supplying other retailers.

We don’t know the exact details of the exclusivity agreement, but the deals I’m used to, are exclusive for the first period/season only. So if that’s the case here, the first wave of launches will now be open to listing elsewhere.