Thg Share Discussion Threads

[one_frankel] 25/9/2023 10:37

Just love it!...THG now diverting its responsibility to shareholders with blaming the economic conditions on its very own media platform or better known as CityAm, the tripes moral crusade against the 'Big Bad World' hehe!

[billionarebob] 25/9/2023 10:28

High street struggles: 2,000 local stores, pubs and hairdressers wiped away this year



Nearly 2,000 independent local stores were left vacant in the first half of this year, as the cost of living crisis continues to eat away at the health of the high street and small businesses. 

THG online Divisional Progress Since IPO

Beauty:
Revenue Up 84%
Active Customers Up 62%
H1 Orders Up 36%
H1 AOV Up 22%

Nutrition:
Revenue Up 45%
Active Customers Up 29%
H1 Orders Up 12%
H1 AOV Up 9%

[one_frankel] 25/9/2023 10:22

Doesnt the Northern dullard actually understand what it means when Vivek states 'Core Proposition has become harder' for brands!

...But wasn't that what Ingenuity set out to conquer in the first place so in effect THG Ingenuity is struggling to gain any real traction!

...Simply, THG is not fit for purpose in any shape or form but keep up with 'Ramp-it-Up' as its rather am_using at least!

[billionarebob] 25/9/2023 10:08

THG Ingenuity boss on Matthew Moulding, doubling down and shareholder opinions
THG includes its Ingenuity, Beauty and Nutrition divisions




When I joined THG, my sense after being a customer on the other side, was that THG Ingenuity was the group's best-kept secret. We've been in this business for almost 20 years and you learn a lot from that journey.

Ingenuity fundamentally is the fabric of everything that we do and we're effectively exposing that to the wider world. We have a lot to offer in terms of lessons that we learnt from our own mistakes.

Coming out of Covid we really wanted to make sure that we're focused on the right type of companies who are really committed to a journey online and that they're right in terms of affordably and marketing spend.

[billionarebob] 25/9/2023 09:56

Nice to see MyProtein gym wear being recognised as the best in the business :)

15 best gym leggings for every workout, tested by the WH Lab experts



MyProtein ladies wear is a WINNER :)

[one_frankel] 25/9/2023 09:39

'Northern Dullard' Bobby, your Expert Reviews article is sponsored by guess who!

...And are you able to assume for yourself of how incredibly saturated the nutritional markets are fast becoming or do you need an article to spell it out for you word for word before you have even the slightest of inklings!

[one_frankel] 25/9/2023 09:31

Hard to know what value you bring here Zebbo apart from expecting the share price to go up!

[billionarebob] 24/9/2023 23:31

Interesting read

Mike Ashley’s Frasers Group drags Morgan Stanley boss to court seeking £50m in damages



Mike Ashley’s Frasers Group has dragged the chief executive of Morgan Stanley into a UK legal battle over a $1bn (£814m) margin call regarding Hugo Boss trade. 

[billionarebob] 24/9/2023 22:44

Best protein powders for muscle gain 2023: Promote hypertrophy by boosting post-workout protein consumption



MyProtein gets 4 out of top 10 places

[zebbo] 24/9/2023 20:31

Hard to believe how some choose to spend their weekend sharing 10s++ of posts of zero value.

Sad really....

[one_frankel] 24/9/2023 19:56

Well it's good to see you too Stevie from that hole called Hull!

...How's tricks?

[one_frankel] 24/9/2023 19:08

Ohh here we go, Bobby's 'Ramp-it-Up' and who likes to believe anythings he told, no questions asked folks!

...You should really consider applying for a job at THG my dear friend because a 'Yes sir, two bags full' type of person is exactly what the tripe likes to recruit and believe me you have a great opportunity here as both THG Nutrition and Beauty will be looking for new CEOs shortly!

[sankshiela] 24/9/2023 18:41

Seems the asylum is missing quite a few inmates tonight

[billionarebob] 24/9/2023 18:36

Checklist for THG to rocket

Divisional Progress Since IPO

Beauty:
Revenue Up 84%
Active Customers Up 62%
H1 Orders Up 36%
H1 AOV Up 22%

Nutrition:
Revenue Up 45%
Active Customers Up 29%
H1 Orders Up 12%
H1 AOV Up 9%

Group Revenue Up 62% Since IPO

Gross Margin Improving as commodity prices stabilise

Distribution Costs reducing as % of revenue
H1:18% to 15%

Admin Costs
Headcount rationalised, cost efficiencies delivered

Adjusted EBITDA
Rebuilding towards historical levels of 9%

Free Cash Flow
Improving with lower capex and adjusting items. Cash flow positive by 2024

Capex
Reduced as % of revenue
H1 15% to 8%

[billionarebob] 24/9/2023 18:36

This is what Matt Moulding said in the THG webcast on 14th September 2023
-------------------

Always considering what are the right options for THG, you only need to go back to last year.

All of the bid approaches that we had. Towards the group, obviously recognise the value of the separate divisions versus the market cap today.

That was reflected in, you know, we have had bids for various divisions.

Nutrition, in particular, being the simplest one, is something that we have had people step forward and make bids at the end of last year and this year as well.
--------------------

If Coca-Cola/Nestle took a 10% stake in THG Nutrition using a similar x11 valuation paid by Pepsi for Celsius they would pay

THG Nutrition Revenue 2022 = 675M
Multiply by 11 = 7.42 billion
10% stake = 742 million

It just shows how crazy the current share price is, a 10% stake in THG Nutrition would be valued at nearly the current share price of the SOTP of the whole group!!!!

[billionarebob] 24/9/2023 18:34

Matthew Moulding, CEO of THG, commeted on the 14th September 2023

Inflationary pressures provided significant challenges to consumers and businesses alike over the past 18 months. Our strategy of supporting our consumers through 2022, sacrificing margins in the short-term, is bearing fruit. This is reflected in the strong H1 results we've posted today, across adjusted EBITDA and cash.

The cash performance of the Group has been strong in H1, but also over the last 12 months. Group cash flow performance improved by £350m compared to the previous 12 months, reflecting the completion of our global infrastructure roll-out program, with the Group now achieving significant operating leverage from a well invested, automated, global platform.

Our Nutrition division delivered a record H1 revenue performance and, with inflationary pressures easing, posted substantially higher EBITDA margins year-on-year as we exited H1. The early results from the Myprotein rebrand are also encouraging as we've taken steps to further enhance the premium nature of the world's No1 online sports nutrition brand. These actions should provide for both increased partnership opportunities and category expansion, supporting our ambition of building Myprotein into a global lifestyle brand.

"Recent progress within our Beauty division has been more encouraging, underpinned by strong performances in the Group's Perricone MD and ESPA brands, as well as across Cult Beauty. Margin improvements have steadily built through H1, as focus shifted to orders that deliver immediate profitability, where we benefit from the economies of scale associated with our local distribution hubs.

The Beauty division was held back in H1 by short-term global de-stocking impacting manufacturing volumes. The situation has now started to reverse with the Beauty division returning to growth since August, at the same time margin progression continues.

Finally, Ingenuity's pivot to larger, more complex Enterprise clients is gaining momentum, reflected in some key client wins and a strong pipeline. We were thrilled to be listed in the Gartner's Magic Quadrant™ for Digital Commerce, in recognition of our ability to provide an all-encompassing Direct-to-Consumer journey, cementing Ingenuity as a key partner for Enterprise clients seeking comprehensive commerce excellence.

[one_frankel] 24/9/2023 18:14

Hehehe!...You didn't even know what ChatGPT was until I told you on this fu_ckin thread if i recall correctly Paddy!

...And only last week you were telling everyone that the LinkedIn profile was fake and which I didn't really question so what are you some fu_ckin du_mb fu_ck like that other blatantly incompetent 'Northerner' who struggles with assuming anything for himself in his grand old age unless its spelt out for him..But quite a tag team you both make hey!

...By the way, you wouldn't even know how to undermine me, you dirty Northern Irish chav, so please lessen the fu_ckin noise my dear 'Unlearned' friend!

[billionarebob] 24/9/2023 18:03

Pretentious meaning:

Pretentiousness is when someone pretends to be more educated or intelligent or important or whatever when they really aren't.

Frankie we see you :)

[havinthelasttoast] 24/9/2023 17:55

Now as much as I have enjoyed ripping you to shreds in between horse races today I have family time coming up.

So I’ll leave you to do some research on the basics of AÍ

Lovya

[havinthelasttoast] 24/9/2023 17:54

Your LinkedIn says google and AÍ.

Did you not know how chat gpt works? You are a very foolish man with a lack of knowledge.

You simple prompt it to right a story based on x. It’s literally a 20 second job. It seemed to sum you up well.

It could probably help your English. Now shhhh because it’s obvious you lack even the most basic technical knowledge but pretend you are at the forefront of the worlds innovations.

[havinthelasttoast] 24/9/2023 17:50

Says the guy replying at the weekend.

[sentimentrule] 24/9/2023 17:49

You sad folks are mental. What a way to spend a weekend
Losers

[one_frankel] 24/9/2023 17:49

Did ChatGPT know Sankshiela too Paddy or was it a generalisation that some buffoon could adapt accordingly hehe!

[one_frankel] 24/9/2023 17:42

...Because I have rather big plans to destroy what little value remains in this utter tripe Hades and then watch the 'Fateful' clear their consciences over the bucketloads as our dear Paddy likes to do!