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THG Thg Plc

60.88
-2.04 (-3.24%)
04 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thg Plc LSE:THG London Ordinary Share GB00BMTV7393 ORD GBP0.005
  Price Change % Change Share Price Shares Traded Last Trade
  -2.04 -3.24% 60.88 5,153,283 16:35:03
Bid Price Offer Price High Price Low Price Open Price
60.60 60.82 65.70 60.16 63.96
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 2.24B -539.96M -0.4155 -1.46 787.57M
Last Trade Time Trade Type Trade Size Trade Price Currency
18:06:09 O 88,414 61.241 GBX

Thg (THG) Latest News (5)

Thg (THG) Discussions and Chat

Thg Forums and Chat

Date Time Title Posts
05/3/202400:36The Hut Group63,881
04/3/202423:44THG with better charts 1,033
25/10/202319:08test-
25/10/202319:04test-
25/10/202319:02test-

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Thg (THG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-03-04 18:06:2561.2488,41454,145.62O
2024-03-04 18:05:1062.566,8264,270.55O
2024-03-04 18:05:0961.4580,33749,366.28O
2024-03-04 18:04:2761.82173,951107,543.47O
2024-03-04 18:04:0061.4413582.94O

Thg (THG) Top Chat Posts

Top Posts
Posted at 04/3/2024 08:20 by Thg Daily Update
Thg Plc is listed in the Misc Retail Stores, Nec sector of the London Stock Exchange with ticker THG. The last closing price for Thg was 62.92p.
Thg currently has 1,299,619,277 shares in issue. The market capitalisation of Thg is £787,569,282.
Thg has a price to earnings ratio (PE ratio) of -1.46.
This morning THG shares opened at 63.96p
Posted at 12/2/2024 10:21 by hooded claw
A digital entrepreneur has been installed as chair of Ingenuity, the complete commerce business of Manchester-based online retailer THG.

Technology and payments entrepreneur, Alistair Crane, is Ingenuity’s first chairman and will support plans to accelerate growth in core markets, including the US.

THG chief executive, Matt Moulding, insists that Ingenuity is the secret sauce of the business and can grow the revenue and value of the group in the long term.

Alistair, who joined THG on January 2, 2024, is currently chief executive of digital career coaching business Bloom, has extensive experience working with brands and a proven track record in founding, scaling and exiting e-commerce businesses in the UK and US over a 20-year career.

Before Bloom, Alistair founded Grapple, a developer of mobile apps for brands acquired by Monitise, and HERO, a social shopping platform bought by Klarna in 2021.

His appointment supports the next stage in Ingenuity’s development following its pivot towards more complex, higher-margin Enterprise clients, which gathered pace in 2023.

As chairman, Alistair will support Ingenuity’s senior leadership team, using his experience and contacts to help scale the Ingenuity business in the US.

Ingenuity’s complete commerce solution, which offers a one-stop-shop to brands spanning technology, marketing and operations, is targeting further expansion in the US.

It will seek further major Enterprise partners in core categories including nutrition, wellness, prestige beauty, retail and food and beverage with its complete commerce solution under its growth plans. Its current partnerships include L’Oreal, Knowsley-based Matalan and Asda.

Matt Moulding said: “I’d like to welcome Alistair to Ingenuity and the wider THG business and we’re looking forward to benefiting from his drive and experience. He has spent his career building digital brands and scaling high growth businesses, so he is the perfect candidate to help Ingenuity expand across core markets.”

Alistair said: “Ingenuity is a great business with a superb end-to-end offer across digital marketing, technology and operations, so there is a real chance to seize a bigger share of the market. There are major opportunities to grow the business and I’m really looking forward to supporting (the senior leadership team) in taking Ingenuity to the next level.”

hxxps://www.thebusinessdesk.com/northwest/news/2128552-digital-entrepreneur-installed-as-first-chair-of-thgs-ingenuity
Posted at 12/2/2024 09:42 by mirabeau
A digital entrepreneur has been installed as chair of Ingenuity, the complete commerce business of Manchester-based online retailer THG.

Technology and payments entrepreneur, Alistair Crane, is Ingenuity’s first chairman and will support plans to accelerate growth in core markets, including the US.

THG chief executive, Matt Moulding, insists that Ingenuity is the secret sauce of the business and can grow the revenue and value of the group in the long term.

Alistair, who joined THG on January 2, 2024, is currently chief executive of digital career coaching business Bloom, has extensive experience working with brands and a proven track record in founding, scaling and exiting e-commerce businesses in the UK and US over a 20-year career.

Before Bloom, Alistair founded Grapple, a developer of mobile apps for brands acquired by Monitise, and HERO, a social shopping platform bought by Klarna in 2021.

His appointment supports the next stage in Ingenuity’s development following its pivot towards more complex, higher-margin Enterprise clients, which gathered pace in 2023.

As chairman, Alistair will support Ingenuity’s senior leadership team, using his experience and contacts to help scale the Ingenuity business in the US.

Ingenuity’s complete commerce solution, which offers a one-stop-shop to brands spanning technology, marketing and operations, is targeting further expansion in the US.

It will seek further major Enterprise partners in core categories including nutrition, wellness, prestige beauty, retail and food and beverage with its complete commerce solution under its growth plans. Its current partnerships include L’Oreal, Knowsley-based Matalan and Asda.

Matt Moulding said: “I’d like to welcome Alistair to Ingenuity and the wider THG business and we’re looking forward to benefiting from his drive and experience. He has spent his career building digital brands and scaling high growth businesses, so he is the perfect candidate to help Ingenuity expand across core markets.”

Alistair said: “Ingenuity is a great business with a superb end-to-end offer across digital marketing, technology and operations, so there is a real chance to seize a bigger share of the market. There are major opportunities to grow the business and I’m really looking forward to supporting (the senior leadership team) in taking Ingenuity to the next level.”
Posted at 28/1/2024 11:48 by boix
My view is that with most shares little said on these boards impacts the share price.
However with the very illiquid THG it seems to be sadly possible at least for a short period? This combined with a few private investors placing large CFD/Spreadbets and the absence of large institutional investors or shorts these larger PI traders do seem to have an unfortunate impact at the moment anyway?
Tony (Toasty - a person with many many aliases) seems to be attempting to exploit this by selling all his 1.8m plus shares (first shorting with a huge hedge after a ‘insider’; tip on the 2nd Jan concerning bonuses) and wishes to rejoin at much lower prices. My guess is somewhere in the 50s although he says the 40s but he clearly won’t be telling the truth.
It’s unfortunate but for the moment all these boards are best ignored.
I actually also don’t think his pricing wish will be granted anyway? - Matt M has to pull a rabbit out the hat soon anyway to preserve his own position.
So hopefully Tony’s plan will backfire.
Best of luck to all genuinely long investors.
Posted at 19/1/2024 23:10 by sparsam
Liberum's top pickAnalysts at Liberum welcomed Tuesday's trading update and contract win with an award of their own, placing the stock as one of the top picks for 2024.The UK broker believes margin recovery in the THG Nutrition business will allow it to enact faster revenue growth in the upcoming full-year, with its Beauty division also echoing similar changes.Additionally, the experts believe the Holland & Barrett win will help the Ingenuity arm springboard into 2024, with more deals believed to be in the pipeline.Liberum targets a 220p share price for the stock, representing a 205% premium to the current 72p trading price
Posted at 17/1/2024 12:05 by havinthelasttoast
Reality setting in for the rampers on LSE.

GoCPI
Posts: 751
Price: 70.58
No Opinion
RE: Dead Cat BounceToday 12:03
I suppose the pumpers and Mouldy's PR team was out in full force yesterday, and the naysayers have it again today. It's BAU as far as THG is concerned.

The reality is that FY 2023 was a miss on sell-side consensus revenue estimates and adjusted EBIDTA was barely a beat on consensus. If we had a good beat on both I suggest yesterday's jump would've been more pronounced and possibly carried through to today. The report was decent with revenue greenshoots in the UK and that was important - beyond that there was nothing great about yesterday's report that fragile ego'd Mouldy should be thumping his chest for. We are still work in progress and will need a couple of more positive reports/updates before the share price turns around.

The fantasy revenue multiple buyout targets will need phenomenal revenue growth rates to be achieved before even half of the bandied valuations become reality. Macro needs to help Mad Mouldy or otherwise we're toast for another year or two.
Posted at 17/1/2024 10:30 by francoismyname
Just one note from yesterday’s conference call.

Moulding mentioned that they put a bid in for an Australian company and the price went up to close to that price. THG have since pulled away but the share price of the Australian company has since stayed close to the offer price made by THG.

Moulding then commented that that doesn’t happen in London - like with THG - as we fell back to 70p quite quickly after the Apollo bid failed.

My point though is we never knew what the offer was from Apollo so what did he expect the price to stay at if we did the same as the Australian company. From memory we only went to £1.20 maximum on the Apollo bid news so is he saying we should have stayed at £1.20 as that was the bid from Apollo. ??

But how can that be as when the deal fell through he publicly stated the offer from Apollo valued Ingenuity at the 70p share price , so surely they can’t have offered only 50p for Beauty and Protein.

Confused .com
Posted at 16/1/2024 11:18 by hades1
AJ Bell - 1 hour ago and less positive than some.

“THG has spent a long time nursing its wounds after the bubble burst on the hype around its business. It became the laughing stock of the UK market, had to stomach large share price losses and then battled takeover interest.

“There are now tentative signs that THG is finding its feet again, which suggests braver investors might start to give it a second look. However, THG needs to show multiple consecutive periods of progress to properly win over the market and we’re still some way off that point.

“How does the scorecard look so far? In the final year just ended, it returned to group revenue growth on a constant currency basis (albeit minimal), achieved free cash flow breakeven, improved margins, won a new deal to handle the fulfilment needs of Holland & Barrett’s online operations and secured work for major brands including PepsiCo and L’Oréal.

“In the context of its earlier problems that is positive progress, yet there is a lot more work to be done to put this business into decent shape. If it cannot sustain the positive momentum, THG risks falling back into the quicksand.”
Posted at 16/1/2024 10:47 by hades1
THG breaks even as revenue growth returns late in the year - Proactive

THG PLC (LSE:THG) has announced it broke even in 2023 as revenue growth returned in the fourth quarter.

Revenue fell by 8.4% to just under £2 billion in the year to December on a continuing constant currency basis, the e-commerce firm reported on Tuesday.

Fourth-quarter continuing revenue climbed by 1.1%, though, driven by THG’s Beauty and Ingenuity brands, bringing a return to growth after sales fell over each of the first three quarters.

A return to growth supported the group to cash flow breakeven over the full year, compared to a £215 million outflow recorded in 2022.

“A combination of automation and significant cost initiatives delivered in 2022, in addition to a receding inflationary environment, each played a key role,” chief executive Matthew Moulding said.

Such automation drove significant cost savings per unit and allowed the company to process more sales over the year, THG said.

Some £125 million of capital expenditure investments were made over the year, meanwhile, leaving the group with around £600 million in cash.

“Whilst the economic background remains uncertain there are some optimistic signs, with consumer cost of living pressures set to ease further in 2024,” Moulding added.

“We are confident that the investments and decisions made throughout the year position the group well to build upon the positive exit momentum.”
Posted at 16/1/2024 09:22 by francoismyname
Can’t say it much better myself

THG returns to growth in Q4

Tue, 16th Jan 2024 08:14Sharecast News
(Sharecast News) - E-commerce retailer THG returned to growth in Q4 as revenues rose in the final quarter of the year and H2 underlying earnings margins improved.

THG said on Tuesday that revenues were up 1.1% at £597.9m in Q4, its best quarterly performance of the year, driven by "pleasing" cyber trading and "an excellent operational performance". Its performance in the UK was said to be "especially strong", delivering around 9% revenue growth in Q4.

The London-listed firm also said Q4 was "another quarter of positive cash performance", supporting free cash flow breakeven for the year, which was delivered alongside roughly £125.0m of capex investments.

A combination of gross margin improvements, a return to growth in beauty manufacturing, and "significant cost savings" from automation, resulted in a "much-improved" H2 EBITDA margin performance.

THG also announces an agreement in principle to partner with retailer Holland & Barrett to provide direct-to-consumer operational service. The partnership will add roughly £175.0m of incremental GMV to its ingenuity operations and technology platform during 2024.

Chief executive Matthew Moulding said: "2023 was a year that threw up many challenges for all businesses, and I'm delighted in how the group not only responded to these challenges, but grew stronger through the year.

"A combination of automation and significant cost initiatives delivered in 2022, in addition to a receding inflationary environment, each played a key role in the Group delivering an expected record EBITDA performance after cash-adjusting items during 2023. This strong EBITDA profitability and efficient stock management generated positive operating cashflow of circa £170.0m."

As of 0910 GMT, THG shares were up 6.87% at 71.77p.

Reporting by Iain Gilbert at Sharecast.com
Posted at 15/1/2024 00:49 by billionarebob
Am I buying more? Don't know Toansy depends if you and Frankie can drop the price for me, av got some buy orders set but none over the current share price

You know me buy on dips, top slice, and wait for the big pay day.

Gonna step into the shadows for a bit as am finding this forum somewhat confusing and don't know who is who anymore.

It's more like the wild west than a shares forum. 'We know your IP and location', frigging hilarious, I must have hit a nerve to get that reply lol

Frankie/Toansy are now short and it looks like Senti/Sheila have gone long WTAF, also how many aliases are there here? There are probably only about 10 unique users.

Final note goes to mrsimmons:
Mrsimmons - 11 Oct 2022 - 18:14:21 - 27522 of 62720 The Hut Group - THG
Bob you don't really believe they will be FCF neutral next year do you? Please tell me you are joking and are not that naive? PLEASE!

Let's see if I am naive come results day :)

ps Frankie was that you trying to break into the London Stock Exchange tonight?

Only joking, good luck one and all TTFN see ya in the Spring :)
Thg share price data is direct from the London Stock Exchange

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