Member Info for Yorek

On THG LinkedIn:

“We're pleased to announce that Hale Country Club & Spa has been shortlisted in the National Fitness Awards for 'Health Club of the Year'.

It's one of only a select few establishments in the UK to be shortlisted for this award, so it’s already a fantastic achievement and evidence of why it is an unparalleled luxury well-being destination.”

Ok, agreed, I have interpreted this differently.

On this occasion I very much hope we have not entered into the manufacture of chilled yogurts (or any other chilled products) …. as we currently only manufacture ambient products to my knowledge. Happy to be corrected on this….

The model and associated capex for chilled v ambient, are very different.

I get that.

MyProtein have not partnered with Danone (they have created the “GetPro” brand), so who will they have partnered with in the yogurts category then?

I’ll be interested to watch the disruption in this space.

Danone are launching a range of protein products for gym goers:

https://www.thegrocer.co.uk/new-product-development/danone-adds-11-strong-protein-range-for-gym-goers/683035.article

This is actually great news for us.

A household name with big marketing spend, is launching products into a category that is pretty saturated….but visited routinely by most consumers.

Their marketing spend and consumer engagement will drive awareness, engagement and acceptance of protein fortified/enhanced foods, which will help us.

I said some time ago that a new entrant into the frozen/chilled grocery market would start to create waves……this may partly be a defensive strategy from Danone. I wonder who else is watching?

I’m guessing the discounts recently are about selling through the old branded packaging stock, to get the new re-brand designs in quicker.

Love Island star & boxer Tommy Fury gets first tattoo and it’s the MyProtein logo:

https://www.mirror.co.uk/3am/celebrity-news/tommy-fury-shows-first-tattoo-30893922

Something to lighten the mood 😉

That should have read “not” all manufacturers do….

You cannot assume they forward buy, as all manufacturers do.

Plus, Polishcap posted this on 7/9 after listening to a webcast full year 22:

“They run hand to mouth on supply chain as thg vertically integrated therfore very sensitive to the changes in whey price quicker.

Biggest competition is off line totally different 9 10month lag.

So we suspect little forward buying so one would hope phenomenal exposure to the collapse in whey we have seen past few months”

According to Instagram, Matt is in a gym that “barely counts as a gym” in Lake Como in Italy.

The results are for the 6 months to the 30th June, so why would a leak the week before they are released publicly, be likely …surely there’s been an opportunity to leak performance since the beginning of July.

Through July and August we’ve seen some days with significant volume and in all but 1 instance (according to Yahoo finance), the share price has risen relatively well above the opening price. For example volume on 21/6 was over 16m and the sp opened at 76.5 with a high of 81.2. On the 11/7 the volume was 9m, opening at 87.9 with a high of 94.84. The next day another almost 10m, opening at 93.9 with a high of 103.9. These days are easy to forget on a day where volume is circa 4m and the sp opens at 94.22 and ends at 85.2.

I’m not loving this, but remain firm and believe that those who bought over the summer…and those who reduced shorts over the summer (Systematica), have a better view than I do.

I’m going to be kind to myself and turn off. See you next week and have a good weekend.

Time will tell whether CityAM is indeed a vanity project or a smart strategic move….

Rumoured to be a potential Qatari backed bid for another media outlet…the Telegraph….

Qube reported a 0.01% increase for yesterday’s date…having reduced 0.1% the day before….crazy…

The longs bought in between the end of May and the beginning of August in my opinion, when the share price rose from circa mid 50’s to over £1.

Who knows how many shares are not locked away now, but those that have sold in the last day or so, have sold to Qube. Others have been buying, we just don’t know who, or how much.

What we’re not seeing is volume selling.

I’m still sitting tight.

Good luck all long term holders.

I’m loving this CityAM app launch more each day…

Lots of tweets this morning, but notably one from Susannah Streeter, a respected analyst and increasingly prolific reference for financial journalists, saying:

“Great experience to be at the market open ceremony @LSEplc with @CityAM to mark the launch of their new app. Lovely sociable pause after busy am @TimesRadio and filing my market forecast……”

Just arrived at Exeter Services to be greeted by an electronic imedia billboard advertising the CityAM app….

….to a LinkedIn post on impact week:

“Hope all goes well team. The new branding looks great, the business has great momentum and some great deals for our customers.”

“One of the businesses involved in the early testing of the technology is ecommerce giant THG.

An unnamed member of the THG team is quoted by Chatloop in a release as saying: “Personalisation in a digital landscape and building emotional connections with customers are just a few of the common characteristics that unite the world’s leading brands. Brands that understand and embrace the individuality of their customers offer a unique opportunity to cultivate lasting relationships by making a mass market offering feel one-to-one.”

https://www.thebusinessdesk.com/northwest/news/2120308-ambitious-manchester-app-developer-raises-2.1m-in-funding-round

“last month, matt moulding, the head of ecommerce firm thg, leapt to the company's defence, accusing *****essential of making 'wild allegations of corruption' and saying the fact that short selling was legal in the uk was 'bizarre'.”

https://www.thisismoney.co.uk/money/markets/article-12473211/darktrace-eyes-new-chapter-business-practice-probe.html

Agree with sb10000. News in print, is likely to be about the app tomorrow, after a soft launch at the end of last week, to make sure no glitch’s.

The photo Matt put on the post says “Ingenuity launches CityAM app”, so hopefully this will raise the profile of Ingenuity.

The Myprotein Meatza has made the Frozen Savoury shortlist.

https://thegrocernewproductawards.co.uk/live/en/page/product-finalists-2023?utm_source=NPPAEM6&utm_medium=email&utm_campaign=31082023