Thg Share Discussion Threads

[boix] 30/1/2022 10:29

He needs to address their concerns rather than go to war with the analysts and journalists - Otherwise this war will never end until we all lose everything.

[kooba] 30/1/2022 10:13

Thanks having watched with curiosity from the sidelines until this week I hadn't really come across The Analyst or their work..does anyone know if they take positions in the stocks they promote or recommend shorting. It can be a dangerous field if a client with a position encourages you to push or trash a stock where they already have an interest. Really not sure on the model..but if the research is not independently arrived at or the outfit is taking positions ahead of releasing their work then can be significantly problematic as things can start looking more like market manipulation. No accusation at all as do not know the modus operandi.

[newswseller] 30/1/2022 09:54

Prob worth mentioning that "the analyst"in their sell rec dated October 1, forecasts THG shares could reach a low of £2.60...

[kooba] 30/1/2022 09:51

I'm afraid The Times and esp Sunday Times business is not what it was, rather than real scoops and well researched material it seems to be all about clicks and agenda these days.

[newswseller] 30/1/2022 09:49

Article is misleading, as expected for a hit piece.. Mentions "The Analyst", but then leaves out the big part...The Analyst, which trigged the recent collapse in the THG share price, was said to have indicated that the worst is now over for the ecommerce firm.The Analyst has withdrawn its short recommendation on THG, in effect declaring that the share price has no further to fall.The firm told its clients it was difficult to see further downside and that THG's core beauty and nutrition businesses appeared sound

[hamhamham1] 30/1/2022 09:37

Kooba, I agree, it's not exactly objective journalism, you can hear the beef they have with MM all through the piece.
Next will be STOP PRESS - MM has party in lockdown.
Personal grudge, funny but sad for such a paper.

[hamhamham1] 30/1/2022 09:27

Am sure the Times article reluctantly says customers like it (Inginuity), but then tries to deride it in the next breath?

[leoneobull] 30/1/2022 09:24

From LSE but agree with this"Shah has constantly had a dig a THG & most of it personal stuff about Moulding.I prefer to focus on recent decent media reports RBC said: "We sympathise with the challenge in valuing Ingenuity. Indeed, it is what previously kept us on the sidelines."However, its momentum in the 2021 full year – we believe its site order book more than doubled - and improved disclosure have been overlooked."We project that Ingenuity Commerce could increase tenfold to £0.5bn of revenue in five years, with at an EBITDA margin of around 60%, drives our discounted cashflow valuation for the segment of £4.4bn. Yet the market is attributing no value at all."RBC added that it did not expect Softbank to walk away.Liberum's retail team has put a sum of the parts valuation of 750p per share which even the broker's sales team thinks is "probably a bit high" but it thinks the Beauty division alone is worth roughly what the market is currently valuing the whole company at. Chrysalis Investments increasing there stake in THG Addressing the rapidly declining share price in the trust's NAV update, Chrysalis managers Williamson and Watts said they had engaged with the company and revisited their investment case. Having found no "substantive change to the investment thesis since IPO" the pair said there was "significant upside potential" in THG's shares and increased their position to 3.1%."

[kooba] 30/1/2022 09:18

All seems to be getting rather personal with Mr Shah..not really sure what the point of this piece is exactly...whatever next MM eating cake during lockdown ??

[hamhamham1] 30/1/2022 08:55

The Times having a go again at MM today.

[soleman1] 30/1/2022 08:31

Have to say bdlm your poor behaviour is an indication of future performance that seems cyclical ;^)

[sankshiela] 30/1/2022 06:45

Debsdowns = thinks she is a google Sherlock Holmes.
Devs dear IpO prospectus done since then but guess your google work is better than the financial worlds due diligence

[sankshiela] 30/1/2022 03:14

Debsdowns= 2000’s troll with agenda

[kooba] 29/1/2022 22:33

I think you will find I am quite well known on the Hurricane board and yes some highly questionable behaviour.. only but 7 months ago..the shares are now trading at 18m highs I note.Some of this stuff here goes back many many years when the company was private and turned over a few million..you don't get to turn over £2b and go through the strict DD of a listing making stuff up i don't think. Sure they have to tidy up their act more and ensure they are aligned to shareholders at all turns..some newly IPO'd company's can sometimes forget it's no longer a fiefdom. MM needs to prove he can make the transition quickly and deliver.

[bldm] 29/1/2022 22:21

You are right. However, for me former poor behaviour from management is a very strong predictor of future poor behaviour. Personally, I've seen a fair number of cases where management act in a self-interested manner and/or have side interests that are in conflict with the interests of the investors.

I took a small position in HUR (Hurricane energy) when the price got wiped out and fell to 0.6p. management board tried to dilute investors 20-to-1 - after the deal investors would have held 5% of the company with the rest going to the bond holders. It was an extraordinary case and the only reason IMHO it didn't go through is because an activist fund got involved. 5 non-exec directors resigned but frankly should have been put in jail. I've forgotten the details but at the time I remember I couldn't believe sh*t like this is allowed to happen.

Anyway, personally I am waiting to see what I believe is an indication of bottoming out before adding. Haven't seen it yet.

[kooba] 29/1/2022 21:36

Seems some shorts about..not a bad thing especially when relying on very historic "exposés"..I'm sure KKR SoftBank and all the other institutions invested in the IPO managed to miss everything googliable in their DD. Very relevant keep up the good work.

[debsdowner] 29/1/2022 20:38

Leoneobull

Leopards dont change their spots ?

[leoneobull] 29/1/2022 20:33

Debsdowner. Article from 10 years ago. Numis got done for false accusations. You are next

[debsdowner] 29/1/2022 20:15

Thanks terminator I predicted the Demise of DEBENHAMS a year or so before it went bust the directors were partly responsible paying dividends as profits were in decline.

But back to the HUT group it must be a concern the executive directors knew of a fraud previously and one still got a position in HUT group today.

Murky indeed.

Overstated profits ?

Now a profit warning and a major holder sells half his stake?

Always DYOR is my motto.

[terminator101] 29/1/2022 19:44

Great research debsdowner. Fraud is a pretty strong word especially when it applies to a billion pound company and its executives. Oh what a murky world MM inhabits. This has a lot lower to sink IMO.

[bldm] 29/1/2022 18:59

I mentioned these cases. The IPO accounting case screams MM knew and approved it and when it didn't work he made it up to the guy who took the rap for it. What are the chances a low-ranking employee would lie on the accounts?

MM is a businessman who's been involved in several lawsuits. This is not how you do business unless you are a lawyer. Google Matt Moulding Lamborghini.

The overstated profits is really worrying. You are either an honest businessman or you are not. If you are an honest businessman, none of these would have happened. If you are not, then you are likely to try "creative accounting" again.

[debsdowner] 29/1/2022 18:51

f56

Staff morale ?

[f56] 29/1/2022 18:21

Re. Staff must be feeling pig sick as well ..
And no doubt will be looking for compensation perhaps in the form of new incentives.

[debsdowner] 29/1/2022 18:05

Sank go to specsavers:

Business Desk

"In his 55-page judgement Mr Justice Blair rejected Mr Cookson’s claim of deceit in that The Hut Group’s executives had all known about a fraud committed in 2010 and 2011 by a former financial controller who was sacked in 2011 for gross misconduct after overstating the company’s profits."


"Mr Justice Blair said this act by the former employee, had blown a plan by The Hut Group to float the business in late 2011 on the Stock Market, off course. The fraud caused The Hut to restate its 2010 accounts, and meant an initially reported EBITDA of £4.1m was in fact a loss of £1.5m,"

[sankshiela] 29/1/2022 17:59

Debsdowner = Debs- liveinthepast
Move on dear