Thg Share Discussion Threads

[hades1] 15/12/2023 06:22

Which newspaper?

[mirabeau] 15/12/2023 05:28

''A return to sales growth of 4% at constant currency rates is expected in the current quarter, rising next year to 10%-plus, the analyst predicted.''

[mirabeau] 15/12/2023 05:27

New Analyst - seems to be forward facing.

"Shares in The Hut Group-owner THG PLC (LSE:THG) jumped over 4% to 85.72p after getting a new 'buy' rating from the analyst taking over coverage of the online beauty and wellness retailer at investment bank Citi.

Monique Pollard, co-head of the investment bank's European internet research team, said she is "encouraged by improving underlying momentum" in the group, led by the THG Beauty arm.

A return to sales growth of 4% at constant currency rates is expected in the current quarter, rising next year to 10%-plus, the analyst predicted.

Revenues were down 5.5% in the nine months to 30 September, according to a recent update from the company, which revealed declines in all areas of the business in the third quarter but a return to constant currency growth in September.

Pollard forecast an expansion of gross profit margins thanks to reduced whey prices in 2023 for its nutrition business and "more normalised" Beauty manufacturing margins in 2024/25.

This, along with continued control of operating costs, underpins Citi's forecasts for operating profit (EBITDA) margin.

Based on these forecasts a sum-of-the-parts valuation, helped by improved disclosure on profitability by business segment, results in a share price target of 110p, offering potential upside of over 30% to the last closing price of just over 82p."

[john09] 14/12/2023 22:46

How do you Know TNT?

[tnt99] 14/12/2023 20:08

Thg online sales going through the roof

[sanksheiia] 14/12/2023 17:21

John09 is gay

I know as his dad told me as he was sucking me off

[billionarebob] 14/12/2023 16:40

This dog can hold a rise longer than Malmos, ma :)MONEY, MONEY, MONEY

[dyslexicsvoices] 14/12/2023 16:39

John09 and his loner thread lol ? John, at least you're bullish. But banning everyone on your bb hasn't worked out forYou lol ?

[john09] 14/12/2023 15:38

Looking good

[hooded claw] 14/12/2023 14:02

Looks like it :)

[mirabeau] 14/12/2023 13:58

Is she gonna pop?

[nobbyknome1] 14/12/2023 11:48

Load up for the boom, some bed wetters allowing a slightly lower entry

[nobbyknome1] 14/12/2023 11:14

Easy move to 110 then. I did say this is heading to 120 ish before a move to the last buyout offer that was declined of 175. Sum of parts valuation will be climbing now. 350-400?

[nobbyknome1] 14/12/2023 10:04

Anyway, more good news that has built on earlier news.....The Bank of England's latest interest-rate decision is due at noon, with traders now seeing five reductions next year for the first time after the US Federal Reserve opened the door to cuts last night

[nobbyknome1] 14/12/2023 09:41

When the good news lands everything will be magnified ++ for THG. ?

[havinthelasttoast] 14/12/2023 09:31

Citigroup reinitiates THG with 'buy' - price target 110 pence

[dyslexicsvoices] 14/12/2023 09:00

Nah juts the Tard that is dissentingvoices aka new profile voicingdissent

[havinthelasttoast] 14/12/2023 08:25

Hey dyslexic.

Are you taking the mick out of licker on LSE or is it another dyslexic fool like franky ?

[dyslexicsvoices] 14/12/2023 08:03

Poor shorts

[kenbos] 14/12/2023 07:58

I'll have a pint of what you've had

[dyslexicsvoices] 14/12/2023 07:39

BOE says up to 4 rate cuts coming in 2024FACTGreat news for small caps