Member Info for Yorek

Size of position is immaterial…you might want to re-boot your AI tool though…

Nothing is killing the sp. The volume isn’t there because the report is unconfirmed.

The gamble with THG is always the same. There’s always a chance that material news will emerge that will mean if you aren’t holding, you’d be locked out.

If you’re an investor or long term holder, it’s all about patience. If you’re about fast money, it’s the opposite.

Did your infamous AI desert you on Friday when you bought Ocado 9% higher than it sits now wildtiger….

Thanks for the feedback on store experience stockbrokerbelt. Much appreciated.

I said to myself last night, that if this article makes the physical edition of The Telegraph today (and is not just published online), then there is probably some truth in it.

It’s on the first page of the business section…..

The store-within-a-store concept is in growth in the UK, but perhaps even more so in the US. Target, Walmart, Macy’s etc have reputedly done it. It was reported this time last year that Target added over 250 Ultra Beauty areas, so potential for THG Beauty too.

This is exactly what I hoped this concept would be about. It’s a sensible move to test ahead of expansion and I have no doubt this would also feed into a US listing, if that report is correct. Remember Matt said on the call that the US market would require a greater physical presence.

Exciting times in my opinion.

“ Well, I never thought I’d be doing weekend store visits!

Stores aren’t a THG “thing”. Sure, there are c450 ESPA spas in luxury hotels all over the world, but while we typically design the spas, train staff, and keep them stocked with products - we don’t actually run them day to day.

And so yesterday was a unique experience. The family and I went along to the opening of the new “Myprotein Kitchen” store - in Manchester, naturally. I’ve got say, I bloody loved it.

Like most people at THG, I spend so many hours behind a computer, from where we build brands, develop products and deliver the all-important infrastructure needed to get brands in front of global consumers. Rarely do I get to see any of our brands brought to life in the way I did yesterday.

The Myprotein Kitchen is a concept store, where we’re trialling different ways of allowing consumers to engage with the brand and our vision for it. The store is the work of Jack Forsyth (see pic in comments), who’s spent the last 2 weeks regularly working beyond midnight to get the store ready. When I met Jack yesterday, his passion for the brand oozed from him.

We’ve been asked by numerous retailers to consider Myprotein as a store in store concept. The idea is simple. Many retailers have too much space and some footfall challenges, and so want creative ideas to address the issues.

Iceland Foods have seen real footfall wins from the Myprotein partnership as followers of the brand have flocked to stores and online, buying frozen meals, pizzas and ice cream.

And so, this a key reason for us launching a concept store this weekend. Before we walk into partnerships with others, which can be difficult to walk back from, we figured the best thing is to find a proven concept we’re happy with first. Manchester is our home, and so why not?

The timing works well. In August we launched a huge rebrand of Myprotein, bringing to life the new “Mycon” logo. Having a store so close to the Myprotein HQ is valuable in engaging with customers on the new branding, while also figuring out if we could make a Myprotein store in store format work.

I had low expectations driving into the city on Saturday, given stores aren’t what we do. But I was genuinely blown away - proud.

Great job Jack and the Myprotein team 💪

#Myprotein #ConceptStores #Branding”

I feel like every time any news breaks about THG, they are never available for comment….so I don’t see this one as any different.

Matt posted on Instagram today with a picture of him at the new MyProtein store.

If the Apollo figure was as indicated by Manc, then I genuinely don’t know what all the bellyaching is about when discussing why THG rejected approaches. They turned down an approach that undervalued the company, simple as that. Even I can sell a £1 coin for 50p.

The disgruntled comments about the behaviour of Matt and the low share price are different things.

“Apollo wasn't above £2.20 and it also wasn't above £1.70. 😉”

That winking face suggests you know this as fact Manc. Do you?

From LinkedIn:

“Really happy to share that we have just launched into 18GYM in Romania, with a full range of our protein snacks, powders and everything in between.”

https://18gym.ro/locatii/

Welcome back Manc, I’m glad you’re still around.

My personal view is that the shop will all be about raising awareness of the brand, to help transition into a lifestyle brand. On that basis, I expect it to be a showroom as opposed to a shop front. A platform to talk to consumers about MyProtein, show off their wares and encourage them to shop online. I doubt success will be managed on store sales alone.

Unfortunately I’m about 6 hours away from Manchester so won’t get to experience it myself, so if anyone goes, I would welcome any feedback.

Paid trolls are probably working for Systematica who increase their short 0.02%.

Have a good weekend all LTH.

The link takes you to this:

https://www.myvegan.com/sports-nutrition/clear-protein-superblend-sample/14843633.html

“Product Overview

Unlock every grain of your potential with the World's First clear protein made from Upcycled Certified® barley.(1)

We've partnered with EverGrain™ to bring you this game changing innovation which uses upcycling to process and purify barley and rice grains, turning grains that would otherwise be wasted by the beer industry into a high-quality protein superblend.

The protein powder is then filtered into our clear superblend, which delivers 18g of refreshing protein per serving with all 9 essential amino acids, as well as naturally occurring minerals.

Clear Protein Superblend is also made with real fruit, and is low in sugar and fat to support your plant-based nutrition goals.

Be the first to try this new protein and grab a sample before the full range launches! Try Lemon & Lime today and watch out for two more fruity flavours coming soon.”

Another example of why MyProtein leads the way in terms of innovation….and here’s another new partnership. This was posted by an Angel investor in food & tech on LinkedIn:

“What does #innovation looks like?

For me, like this:

1) Transform waste into gold, executing on an extremely bold vision by a team of mavericks.

2) Craft the world's most sustainable protein for maximum global impact – not just because lifecycle analyses say so, but because its winning taste and function make it truly scalable.

3) Partner with the market leader to transform the world's first upcycled protein into a clear superblend.

Congrats EverGrain® by AB InBev and Myprotein for this long-awaited launch!

And especially to all that have been included in this journey, who know how much of a ridiculous simplification the above is the versus the actual rollercoaster that executing on that bold vision has been.

My order is in! Can't wait! ;)

https://lnkd.in/edu3Y6en”

Thanks. It does read as if it’s investment due 2024 in fairness….

Is this not a statement of fact, not a realisation that we need to use it….after all, we have a division that’s offering AI as part of the service:

https://www.ingenuitycloudservices.com/solutions/ai-and-machine-learning/

It may help to have a link to the source of the quote, to be able to get more context….

Looks like activist investors have influenced the RTN future….well documented online

It doesn’t look like Apollo has been buying shares before bidding either…

Looks like a very well kept secret…as looking at their recent RNS, one of their investors appears to have reduced their holding from circa 15% to circa 9% in September. Bet they’re a little miffed this morning..