Thg Share Discussion Threads

[bigballsbob1] 20/1/2022 14:41

Buy buy buy

[hatfullofsky] 20/1/2022 14:23

150 seemed to offer some support.

[hatfullofsky] 20/1/2022 14:23

bold - when you say better value elsewhere, companies hitting 52w highs, is that where you want to invest right now ?

The upside seems far greater in a quality, fast growing company who's share price has been battered by the market.

Mr Market occasionally throws up anomalies. I backing my conviction, these will double over the next 12 months.

[bldm] 20/1/2022 13:43

Any hypothesis on when this might join a FTSE250 or FTSE100 index? Would this be likely to happen by 2023? By 2025? Why?

[hatfullofsky] 20/1/2022 12:53

Bob - Ingenuity Commerce 2022 revenue guidance of GBP108.0m - GBP112.0m (from £45m)

However total revenue from THG Ingenuity was GBP 194.3 (this includes infrastructure) we don't have guidance on this for FY22

So when valuing Ingenuity you need to base it on the whole.

THG Ingenuity : Ingenuity Commerce provides end-to -end technology services charged to third party clients for digital commerce solutions. Ingenuity Infrastructure underpins the Ingenuity Commerce offering, and is charged to third parties as a single stand-alone service. Services include hosting, content creation through THG Studios, translation services and beauty product development and manufacturing.

[billionarebob] 20/1/2022 11:36

bldm - Maybe I am not making myself clear what value Ingenuity as a seperate business, shorly not zero?

[billionarebob] 20/1/2022 11:32

bldm - sees at least 400% growth in THG in a few years!!!

But can you value Ingenuity?

Given Ingenuity 2022 targets are £110m revenue with 60% EBITDA as stated by management that’s £60-65m profit?

IMHO they are going to smash those targets but even if they miss them by 5% that is still a nice profit?

Primark needs Ingenuity or similar if they had an online presence through the pandemic they wouldn't be making 400 job redundancies today.

Darktrace, tech company, has a market cap of £2.9 billion on £280 million revenues and is making negative EBITDA

[bldm] 20/1/2022 11:27

Be gready when others are fearful" is a decent attempt to beat the market, but it does not apply here. It's not fear - it's skepticism and better opportunities to plunge your money. It's not like the entire market went down. While THG has been tumbling down the stairs, others have been hitting new 52 week highs. Look at the prices of most companies in 2020-March. Sudden drop, then either sideways or start to recover. This share behaviour, reminds me of metro Bank which just kept dropping...from 8000 to 800...and then to 50 eventually. What was the reason? Accounting "error". I've got several bank accounts with major banks and by far metro is the best. Yet, they are loss making and have a silly market cap for a high street bank. Trust is the issue and MM has lost it. He needs to go same as Vernon departed metro after struggling to stay.

What a company is worth and what the mkt price is are 2 different things. If THG is really worth £6/ share then this will surface in a few years in which case you'll have a nice return of 400% at least. However, at the moment, the market says better companies are out there.

[wolfofhounslow] 20/1/2022 11:27

FY21 Rev GBP 2,178m Adjusted EBITDA at 7.5% £163mFY22 Rev GBP 2,700m (+23.5%) Adjusted EBITDA at 8% £216mFY23 Rev GBP 3,240m (+20%) Adjusted EBITDA at 9% £291m (historical average)The table below shows Qtr on Qtr growth, note the 91% increase in Ingenuity with more deals signed in Q4 that will be reflected in Q122£m Q4 2021 Q3 2021THG Beauty 407.9 247.6 65%THG Nutrition 171.8 159.3 8%THG OnDemand 46.5 51.1 -9%THG Ingenuity 57.4 30.1 91%Other 28 19.8 41%Group Revenue 711.7 507.8 40%Sentiment is incredibly low on THG but that presents an opportunity."Be greedy when others are fearful"

[bldm] 20/1/2022 11:21

"Be gready when others are fearful" is a decent attempt to beat the market, but it does not apply here. It's not fear - it's skepticism and better opportunities to plunge your money. It's not like the entire market went down. While THG has been tumbling down the stairs, others have been hitting new 52 week highs. Look at the prices of most companies in 2020-March. Sudden drop, then either sideways or start to recover. This share behaviour, reminds me of metro Bank which just kept dropping...from 8000 to 800...and then to 50 eventually. What was the reason? Accounting "error". I've got several bank accounts with major banks and by far metro is the best. Yet, they are loss making and have a silly market cap for a high street bank. Trust is the issue and MM has lost it. He needs to go same as Vernon departed metro after struggling to stay.

What a company is worth and what the mkt price is are 2 different things. If THG is really worth £6/ share then this will surface in a few years in which case you'll have a nice return of 400% at least. However, at the moment, the market says better companies are out there.

[billionarebob] 20/1/2022 11:17

hatfullofsky I think THG Ingenuity has been the golden nugget all along.
Look at what is happening on the High St it is dying.
SoftBank know this which is why they are waiting on the sidelines patiently :)

Like for like growth in 3 years what will Ingenuity EBITDA be?

[billionarebob] 20/1/2022 11:11

Still support for THG
Buys 3M
Sells 2.5M

Share price down 1p

[hatfullofsky] 20/1/2022 11:09

FY21 Rev GBP 2,178m Adjusted EBITDA at 7.5% £163m
FY22 Rev GBP 2,700m (+23.5%) Adjusted EBITDA at 8% £216m
FY23 Rev GBP 3,240m (+20%) Adjusted EBITDA at 9% £291m (historical average)

The table below shows Qtr on Qtr growth, note the 91% increase in Ingenuity with more deals signed in Q4 that will be reflected in Q122

£m Q4 2021 Q3 2021

THG Beauty 407.9 247.6 65%
THG Nutrition 171.8 159.3 8%
THG OnDemand 46.5 51.1 -9%
THG Ingenuity 57.4 30.1 91%
Other 28 19.8 41%
Group Revenue 711.7 507.8 40%

Sentiment is incredibly low on THG but that presents an opportunity.

"Be greedy when others are fearful"

[billionarebob] 20/1/2022 11:06

Wolfo maybe you can help as bldm not answered?

What price Ingenuity?

Ingenuity 2022 targets are £110m revenue with 60% EBITDA as stated by management that’s £60-65m profit?

IMHO they are going to smash those targets but even if they miss them by 5% that is still a nice profit?

Primark needs Ingenuity or similar if they had an online presence through the pandemic they wouldn't be making 400 job redundancies today.

Darktrace, tech company, has a market cap of £2.9 billion on £280 million revenues and is making negative EBITDA

[billionarebob] 20/1/2022 11:05

BRO just posting facts :)

[billionarebob] 20/1/2022 11:03

Qube has increased short?
Weren't they the guys that got burned when the share price went up to 2.30?

[wolfofhounslow] 20/1/2022 11:01

Why so desperate BROLMAO

[bldm] 20/1/2022 10:50

Dude, the number of buys and sells has little to do with the price lol. I thought you'd have figured it out by now.

[billionarebob] 20/1/2022 10:45

Still support for THG:
Buys 2.8M
Sells 2.3M

share price down 3p

[billionarebob] 20/1/2022 10:43

bldm what price Ingenuity?

Ingenuity 2022 targets are £110m revenue with 60% EBITDA as stated by management that’s £60-65m profit?

IMHO they are going to smash those targets but even if they miss them by 5% that is still a nice profit?

Primark needs Ingenuity or similar if they had an online presence through the pandemic they wouldn't be making 400 job redundancies today.

Darktrace, tech company, has a market cap of £2.9 billion on £280 million revenues and is making negative EBITDA

[bldm] 20/1/2022 10:42

Qube has increased short

[sr2day] 20/1/2022 10:37

if you wish to take a punt for the day buy at 149 if it drops.risky but may be rewarding as well.

[wolfofhounslow] 20/1/2022 10:36

Bldm apparently holding THG shares LMAO LMAOLMAO

[bldm] 20/1/2022 10:34

Could the share price be down, amongst other things, due to fears of a dilution? They've spent £1 billion in the past 12 months leaving them with ~ £500 mill cash + 150 mill loan facility. If they need to raise cash in the next 12-18 months, that's potentially an equity dilution at prices a quarter of their IPO.

[billionarebob] 20/1/2022 10:27

Cause of death: bldm

Coroner said he hadn't seen a case of death by bordum since painter Tony Dulux died watching his own paint dry :)