Thg Share Discussion Threads

[bricktycoon] 02/3/2022 19:19

Oh dear rate hikes massive gap down I’m in open 50 p coming

[mrsimmons] 02/3/2022 18:18

Unfortunately and as I have been saying for months now this Group generates no cash ~(it losses >£100m) but even more worrying is the bench strength of the management team which is no where near the required level. This explains a lot. You can't have 29/30 year olds running your biggest two divisions. They simply do not possess the experience, know how or nous to run divisions of that size, unless they are absolute superstars. This probably explains why they have been busy fools running up the revenues forgetting about cash. It is Finance101 I am afraid.

My biggest concern on this is that they cut margin forecasts again in April. I am sorry but things could get nasty very quickly if that happens. I think a cut in margin forecasts is more than 50% likely in my opinion. All the headwinds have amplified with the Ukraine situation on top.

I see Numis have moved to reduce. Given how accurate they have been to date that is concerning.

[bldm] 02/3/2022 16:11

Stock is down Bob so you tell me how much the truth hurts.

[billionarebob] 02/3/2022 12:50

Everything I have posted is relevant - Truth hurts bdlm :)

[bldm] 02/3/2022 12:44

And you tell me billionarebob isn't ramping this stock up, paid or otherwise, one way or another. Total ramper.

[billionarebob] 02/3/2022 12:36

This is what the company said in January 2022

THG super confident for Ingenuity in 2022

THG Ingenutiy extract from Jan 2022 webcast:
-----
The Position then with Ingenuity Commerce the annual growth rate was 135% we delivered over 15 million revenue in the quarter which was over 30% higher than our previous record quarter.
In terms of the key stats that we would pull out, we increase the number of live websites to 187, which is a 100 up in the year.
The recurring revenue per website increased to £240,000 pounds, the recurring revenue mix was at 72%, now our new revenue run rate has increased to 61 million.
Now those stats reflect how successful J&V growth was with our clients in the quarter.
In addition, although we don't mention anything specifically ourselves, you may have picked out the Matalan press release. Where will be working with them on their digital revolution?
I would put a substantial amount of work into winning substantial clients like that, although none of the revenue on that account will be recognised in this year. That will start to kick in quarter one, along with other substantial wins that we have got.
And I remind everyone in terms of guidance for 2022 of 108 to 112 million, that's predicated on launching 400 and taking a number of client solutions to 400 from the 109 that we have got at the moment.
Which is 85% of those contracts that are already contracted with us. It assumes a recurring revenue per website of £170,000 pounds and a recurring revenue mix of 60% so it doesn't include any of the new business that we currently can win, have won, and expect to win later in the year.
We are super confident on the numbers for 2022 and very proud of the growth that we've delivered in the success of working with our clients in 2021.
-----
I would love Ingenuity to be split and listed separately I think this gem will sparkle on it's own and will prove the market was wrong to price it at zero :)

[billionarebob] 02/3/2022 12:24

This is what RBC said:


RBC Capital ups rating on THG to 'outperform'

Tue, 25th Jan 2022 12:12

(Sharecast News) - RBC Capital Markets upgraded THG on Tuesday,(Sharecast News) - RBC Capital Markets upgraded THG on Tuesday, arguing that it saw "fundamental value" in the shares.
Shares in the e-commerce specialist, formerly The Hut Group, have lost 40% so far this year, and are now down more than 80% over the last 12 months.

THG specialises in selling beauty and nutrition products as well as providing e-commerce services for other companies. But the stock has suffered as investors questioned its corporate governance, strategic technology and the valuation of its core business, THG Ingenuity.

The firm also warned last week that it would miss full-year profits guidance following fluctuations in forex and commodity prices.

But in a note published on Tuesday, RBC said: "Amid the controversy around THG, we see fundamental value in the shares. Our analysis of Ingenuity's potential suggests SoftBank's valuation might indeed be reasonable, rather than fair-fetched.

"With the shares down a further 60% in the last three months, top line earnings expectations reset and catalysts ahead, we see risks skewed to the upside from here."

RBC upped its rating to 'outperform' from 'sector perform'. It left its price target unchanged at 500p.

As at 1200 GMT, shares in THG were ahead 3% at 124.55p.

In May 2021, THG struck a $2.3bn deal with Japanese conglomerate Softbank. Under the terms of the deal, Ingenuity will be spun into a separate company with Softbank having the option to acquire a 19.9% stake for $1.6bn, which values the unit at around $6.3bn.

A number of analysts and investors have since challenged that valuation, however, with some sceptical the deal will complete.

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.

[billionarebob] 02/3/2022 12:12

And this is what has happened - results released today - I particularly like this bit Digital-led growth in USA saw numbers up by 119% this is the bit THG looks after :)

Hotel Chocolat sees a sweet 56% surge in profits

By Richard Wright | 2nd March 2022

Luxury British chocolate retailer Hotel Chocolat is enjoying the sweet taste of success as profits surge by 56%, thanks to a decisive move towards online retailing.

Angus Thirlwell, CEO Hotel Chocolat

The firm's boss Angus Thirlwell said he was confident new products would continue to excite the tastebuds of shoppers worldwide 'bringing happiness through chocolate'.

Results for the half year ended 26th December 2021 show pre-tax profits up 56% from £15.5 million to £24.1 million.

Sales were up 40% to £142.9 million from £101.9 million, reflecting growing brand appeal in the UK, US and Japan.

Online sales are driving profits with the company reporting a 38% increase in active UK customer database to 2.3 million.

Digital-led growth in USA saw numbers up by 119% and in Japan that was even higher at 131% for the brand's joint venture there.

Angus Thirlwell, co-founder and CEO of Hotel Chocolat, said: "These results enable continued new job creation based in our British manufacturing operations, as well as roles in technology and multi-channel retailing.

"Our unparalleled pipeline of new product launches means I am confident we will be able to excite and retain their custom for many years ahead."

In the US, in particular, Hotel Chocolat's Velvetiser in-home drinks system is proving a big hit.

Thirlwell added: "The last two years have been a period of very significant change both globally and within the business as we have evolved from a UK store-led brand to a globally ambitious digital-led brand with a broad-range of luxury cacao products."

[bricktycoon] 02/3/2022 09:49

Massive dilution imminent shareholders will be wiped out

[bigt20] 02/3/2022 09:47

London07

Thanks for the data above, do you have an expected 2022 net or operating profit figure?

[bricktycoon] 02/3/2022 08:59

50 p next stop timber

[tomzimerman] 02/3/2022 08:31

Buy or sell but ignore everything written on a bb or social media please

[tomzimerman] 02/3/2022 08:30

Price has bobbed around the 100p mark for quite some time now, uo a bit then down a bit while it churns . Selling and buying occurring as some leave some buy and some close their short, like the 2 percent closed short on ig last Friday.

[bricktycoon] 02/3/2022 08:25

The constant fall In market cap indicates big trouble internally 20 p fair value

[tomzimerman] 02/3/2022 07:54

Massive gap up on open, shares will rip towards £2 get in while you can, just as much chance as it will free fall to 50p See what a cnt you sound and what a pathetic poster you are. Sad

[bricktycoon] 02/3/2022 07:26

Massive gap down on open free fall towards 50 p nailed on the market always decides

[leoneobull] 02/3/2022 05:13

The change of data controller makes it clear. The different divisions will be separated to create value. Ironic an email to MyVitamin customers tell us us more about future strategy than THG.

[bricktycoon] 01/3/2022 18:18

It's pritt clear that this will crash towards 50 p impassive gap down on open get out while u can

[1apache] 01/3/2022 17:10

It’s pretty clear that something major is going to happen. When it does the share price will rise very rapidly. Since the sun of the business value at break up is far beyond the current share cap that will be good news for the market. I think that many have made the most of the stocks current position but are fully aware that time has almost run out for that route of income. The next gravy train is obviously the ride back up.

[bldm] 01/3/2022 14:03

Ahahaha Bob, you've confused my portfolio with yours once again. I forgive you, life is tough when you don't know what you're doing. Remember, I exited with a small loss and after reinvesting I'm up overall. You're still holding that bag. Last calculation, your loses were around £50,000. Bob the bag holder 🤣

[bricktycoon] 01/3/2022 13:49

Free fall this afternoon sales collapsing and horror results on the way

[billionarebob] 01/3/2022 12:08

From LSE forum

Similar from Probike…

We are writing to inform you that, as a result of an internal company reorganisation, THG Luxury Limited, as the operator of ProBikeKit, are now the controller for the purposes of applicable data protection laws with respect to your personal data. Nothing else will change; you will continue to receive the same type of communications and in the same manner as usual from ProBikeKit.

Planets aligning for new stratergy, chairperson & PE RNS? :)