Thg Share Discussion Threads

[billionarebob] 18/10/2023 08:33

Love this from Liberum :]ALL DIVISIONS WILL HELP TO IMPROVE MARGINS Analysts at Liberum said "the bottom of the earnings cycle has passed" for THG, and that all three of the company's divisions would help improve margins over the next three years.They said: "[The] successful completion of the group's three-year global infrastructure roll-out, and the strong efficiencies these investments are delivering, mean we now anticipate full-year capital expenditure will be around £30 million less than previously guided."The analysts said margins should improve in THG's beauty division in the second half of the year after the group reduced costs in its manufacturing business and started automating its warehouse in the US.

[gregpeck7] 18/10/2023 08:28

Nobody's selling trying to keep it red but threes nobody selling.

[billionarebob] 18/10/2023 08:27

The city spy:

So... #THG it's a spin-off/PO,
direct listing, ADR, or dual.

[the imperialist] 18/10/2023 08:21

Agree bob. Good insight!

[billionarebob] 18/10/2023 08:20

Imperialist we will see less and less of them as their paymasters start to flip.See Numis has gone long so there goes mrsimmons and a few others.ALL DEPARTMENTS NOW USA READY :)

[the imperialist] 18/10/2023 08:01

Frankie sends his apologies, he's not feeling well and won't be around much today.

[zb27] 18/10/2023 07:58

The major pivot point, inflection point, pendulum swing moment..

FCF POSITIVE 15 MONTHS EARLY 🚀🚀🚀

[midasx] 18/10/2023 07:50

Analyst's have turned positive, the powers that be have pushed the buy button.

Analysts at Liberum said “the bottom of the earnings cycle has passed” for THG, and that all three of the company’s divisions would help improve margins over the next three years.
They said: “[The] successful completion of the group’s three-year global infrastructure roll-out, and the strong efficiencies these investments are delivering, mean we now anticipate full-year capital expenditure will be around £30 million less than previously guided.”
The analysts said margins should improve in THG’s beauty division in the second half of the year after the group reduced costs in its manufacturing business and started automating its warehouse in the US.
Meanwhile, THG’s Ingenuity platform has delivered a contract with Maximo Group, an online beauty retailer. The platform has also secured contracts with L’Oréal, L-Fashion Group and a number of Australian beauty brands.
Analysts at Numis said: “Management were pleased with the acceleration in growth despite the focus on profitability. Performance in beauty was the highlight, with growth expected to remain positive in the fourth quarter.

[the imperialist] 18/10/2023 07:49

Just think Frankie....the next Amazon hits the US markets!!!!!!! What does that do for your spreadbet short?

[the imperialist] 18/10/2023 07:39

Have a great day Frankie.....

Love ya! xx

[gregpeck7] 18/10/2023 07:36

Times also saying nutrition US float coming

[zb27] 18/10/2023 07:25

Early Q3 Results without notice was a heads up, news can drop anytime, and true value instantly unlocked!

Partnership news coming in Beauty and Nutrition.

They have a few billion plus gmv clients lined up 🤯

[zb27] 18/10/2023 07:23

100% Seperate US listing is on its way.

All the major papers are running with it.

And they will have all picked up on Matt Mouldings comments yesterday - each business unit is "US ready"

He only mentioned US about 20 times 😂

[the imperialist] 18/10/2023 07:17

I'm topping up first thing.

[walshr123] 18/10/2023 07:03

Telegraph
THG’s Myprotein nutrition division delivers record profits as it eyes US float
HANNAH BOLAND
THG has hailed record profits at its Myprotein nutrition business, days after The Daily Telegraph revealed the former British tech champion was ­eyeing a US float of the division.

Matt Moulding, THG’s founder, said the company’s nutrition business delivered its “best ever Q3 profit performance” despite a relaunch in August that saw it debut fewer new products.

THG didn’t give a profit figure in its trading update but said sales at the division, which includes Myprotein, were up 0.2pc so far this year. It was the only division to eke out growth.

Manchester-based THG said ­Myprotein was performing better than other divisions after it invested in ­keeping prices low during the period of peak inflation. It meant customers carried on spending rather than ­seeking out cheaper alternatives.

The business specialises in bars and drinks for gym-goers and was struck by the rising price of whey protein, which is used in shakes, last year.

Mr Moulding, 51, has been under pressure from activist investors to spin off the division and the company is said to be eyeing the US rather than London.

The discussions over listing the nutrition business follow earlier suggestions from THG that it would consider carving out its beauty business.

Sources said this week that the nutrition arm was now seen as the most likely division to be split out. THG was valued at £5.4bn when it floated on the London Stock Exchange in September 2020 but has seen its share price tumble more than 90pc since then, amid concerns about governance and strategy.

Mr Moulding has been highly critical of the UK markets. He previously claimed THG’s float in London was a “mistake”; and said the London Stock Exchange was an “incredibly tough place” to build a technology business.

Sales across THG are down 5.5pc so far this year. However, sales over the last three months were only 4.4pc lower than the same quarter a year earlier.

Shares in THG bounced as much as 9pc on the update. Jefferies analysts said: “We anticipate a return to growth.”

[leoneobull] 18/10/2023 04:17

Times. Thg stays positive https://archive.ph/2023.10.18-005730/https://www.thetimes.co.uk/article/thg-stays-positive-as-it-eyes-spin-off-l7lv8dxsx

[one_frankel] 18/10/2023 02:53

What's fu_ckin wrong with you PaddyWhack, how can growth be as the Mould suggests, the numbers don't lie and whose he trying to fool here, you!

[havinthelasttoast] 17/10/2023 20:43

The capex being kept at 130/140m was always BS. I knew rightly he has that in the bag to mess around with to make sure we have FCF. The analysts hadn’t worked that out. I expect that to drop significantly and FCf to be a lot more than expected.

Shares are a 5 year investment. I’m 2 years in. We are sitting very nice now, Matt did catch me too early with his BS but it is what it is.

Nothing to Jan now unless a whale gets announced. Let the muppets talk away. I’ll enjoy the sun daily :)

[leoneobull] 17/10/2023 20:39

Some bloke on LSE.£5M FCF is well ahead of time and given the Capex spend and there are an awful lot of positives in that BRR webcast. Note the tone, listen to the analysts reactions. Cash generation now prioritised over the previous 2 year loss leading to get sales, announcements to come including one high profile one. Beauty and Ingenuity definitely heading the right way. No Royal Mail strikes either this year or knock on effect of overloading other couriers to disrupt Q4 trading like last year. Committed to Premium ListingThen on Nutrition and coming after the Telegraph article only the day before. Get the context before and listen to question 1. The share price rose during and just after the analysts call for very good reason. Nutrition record quarter. Licensing deals but note the mentions of the accounts of all seperate divisions being both UK AND US compliant and Moulding definitely didn't dispel what was said.https://www.proactiveinvestors.co.uk/companies/news/1029785/thg-mulls-us-listing-for-nutrition-division-1029785.htmlhttps://stream.brrmedia.co.uk/broadcast/650d93e739ad9f961be9df87/652e379e60419d1d649d0a2a

[f56] 17/10/2023 18:43

The UK can arrest Greta Grunberg.

But will it change anything?

[f56] 17/10/2023 17:38

Can you appease Iran by arresting Greta Thunderberg? Lol.

[hooded claw] 17/10/2023 17:29

Fanny, your obsession with me is hilarious:)

[f56] 17/10/2023 17:09

Iran’s ambition to take over the world. Should you be worried? Check out Ray Dalio to see what his take is on the subject.

[hades1] 17/10/2023 16:46

Broadly positive with reservations