Thg Share Discussion Threads

[havinthelasttoast] 16/1/2024 11:34

Revenue was not in line at all.

It was below consensus and circa 20m below the min estimate by 12 analysts. It was worse than any analyst predicted. However the toast knew and so did you lot because I told you weeks ago, right? :)

Let’s not try to bury the facts. It was a miss by 40m of mid consensus.

As predicted , revenue would miss and profit hit. Price already moved in advance which is why I closed my short days ago.

Now reopened because the rise has no substance. You boys are all thick. Hehe

And if you want to see any pls let me know, you know I love showing off x

[the imperialist] 16/1/2024 11:27

Breaking News!!!!Tony calls it wrong again! ??

[hades1] 16/1/2024 11:22

It was inline so all as expected.
That in itself is a major achievement at THG and it does mark a massive change.
You put on your new short at 74 or was that your 2.9m buy at 69.95 earlier??

[throgmortonstreet] 16/1/2024 11:20

The only positive that can be taken from the THG Xmas Trading Update is:

"it's not good, but it could be worse"

Reporting a tiny revenue increase of just 1.1% in the three months to 31 December 2023, is hardly great news.

[hades1] 16/1/2024 11:18

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.”

[nobbyknome1] 16/1/2024 10:55

Oh facts and figures in disguise go away u lost!

[hades1] 16/1/2024 10:52

london Evening Standard


THG rises on cashflow breakeven 2023
Shares in ecommerce firm THG rose by 2.8% in early trading as it broke even in cashflow terms in 2023, despite revenue dipping.

Revenue came to £1.99 billion, as the business founded by Matt Moulding changed strategy to focus on higher-margin products. That meant underlying profit is set to rise to £117 million.

In cash terms, the business broke even.

CEO 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.”

Shares are up 2.8% to 68.8p.But that still leaves them down more than 90% from 2021’s IPO price.

2 HOURS AGO

[hades1] 16/1/2024 10:52

74-76p next level.

[havinthelasttoast] 16/1/2024 10:51

Here is facts.

Financial Year 2023
Revenue
Consensus
2,081.9
Minimum
2,065.6
Maximum
2,101.3


What revenue did we get? 2044? So how was that bang on middle ? Continuing revue is 1988.

Miss and more miss with only weeks ago reiterated. Analysts will have a field day later. Happy to be corrected ?

[throgmortonstreet] 16/1/2024 10:50

The only positive that can be taken from the THG Xmas Trading Update is:

"it's not good, but it could be worse"

Reporting a tiny revenue increase of just 1.1% in the three months to 31 December 2023, is hardly great news.

[hades1] 16/1/2024 10:50

THG shares up as group announces Holland & Barrett deal and strong trading update
Group says deals with retailer and brands such as L'Oreal and PepsiCo will bring £175m boost

[hades1] 16/1/2024 10:47

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.”

[hades1] 16/1/2024 10:37

The expecations were set in October and exactly inline - Middle of range.

[blackhorse23] 16/1/2024 10:36

He will say anyway because he is under water lol

[factsandfigures] 16/1/2024 10:35

"trading in line with expectations" says Matt Moulding

Must have had very low expectations then !!!

[havinthelasttoast] 16/1/2024 10:24

I’ve just placed one with another company at 74.2.

Not a great spread .3 each side.

[blazerboy1] 16/1/2024 10:22

City index can’t place a short on this what’s that supposed to signify it’s going down soon ?

[redistributingwealth] 16/1/2024 10:15

Another ramping clown enters the sludge pit of despair, it's potless NOBBY

[nobbyknome1] 16/1/2024 10:11

Here's that squeeze i promised. It will build up more pace any time soon.

[sandeep67] 16/1/2024 10:05

Why do p.i's think they know the company and market, when in reality they are just chances?

[havinthelasttoast] 16/1/2024 10:00

Why would I buy when I knew results were shyte. I said it might go up because it’s dropped from 89 you daft mug.

I don’t gamble. You do. That’s why I closed my short at 70.8 and 72. If you wanna see just ask :)

In my view based on those results any rise will be a suckers rally. No way they hold.

Even rampers can have one day out of 9 hehe.

Let’s see later today/ rest of week.

Lovya.

[francoismyname] 16/1/2024 09:58

Glad I didn’t listen to toast yesterday when he said he would give us the nod when to buy but it wasn’t yet when the share price was 66p.

Must be having a hissy fit.!!!

Post above proves it .