Thg Share Discussion Threads

[alex1621] 21/4/2022 08:41

Perhaps THG refused to open their books to them, because the indicative offer prior to due diligence was too low?

[jason_scrap] 21/4/2022 08:40

Multiple approaches and not one single formal offer.... says it all really

[boix] 21/4/2022 08:39

Anyone with a link?

[trolleyfull] 21/4/2022 08:39

I think there will be some gold nuggets in the investors call.

[1apache] 21/4/2022 08:36

More stench on here..

[itscominghome] 21/4/2022 08:33

Down on the day ..... any minute

[london07] 21/4/2022 08:33

Interesting these Private Equity groups want the whole company, not merely a division, absolute sharks. And with multiple proposals, looks like there is a fight on!

Go and find some more money, and make a better offer :)

[mrsimmons] 21/4/2022 08:33

The key point is Fy22 revenues up 25% and ebitda broadly flat. By my numbers that’s a 5.8% margin. They also say that margin comes in h2 - it is ‘h2 weighted’. So h1 could be c.5%. If ingenuity is growing as they expect the existing business margins must be absolutely dire and worse than even I predicted. This has turned into a low margin retailer. A bit like Debenhams. They are busy fools churning out revenues but making no cash. I also can not believe the cash position. Awful. They are losing cash quickly. In 22 by my calls they will lose another 150-200m of cash.

They also say they expect ebitda margins back at 9% in 23 and 10% in 24….. which is a 400 and 500 bps improvement in a year… maybe once everyone has stopped laughing they can give us the more likely percentages

[boix] 21/4/2022 08:32

Think its just shorts being let out on broker pools
They do this by working down the LSE book then putting the volume buys through their pools so not moving the price back up too early.
Most won’t notice it until amalgamated Off Book (ordinary) trades get recorded on LSE after tonight’s close or even tomorrow.
3m traded on brokerpools
2m on LSE

[london07] 21/4/2022 08:31

Financial Times - THG says it received ‘indicative217; proposals for the company

[london07] 21/4/2022 08:31

THG says takeover proposals ‘unacceptable’ as it posts record revenue and profit.

[sparky333] 21/4/2022 08:30

Especially with recession looming, non essentials will get hammered going forward boohoo, ASOS, THG all under pressure going forward.

[smraynot] 21/4/2022 08:28

Mediocre result's with neutral reaction.Will close in the 90's imhho

[grity] 21/4/2022 08:27

Main market listing soon , Big Offer
On the Horizon . Numbers being smashed yoy.
Buy & Hold it’s just a matter of time .
Bonus it’s holding up well too .

[boix] 21/4/2022 08:27

L2 difficult to read as most volume outside LSE.
But shorts controlled - bloated sell side
Early days
Any links to conf call?

[neo26] 21/4/2022 08:26

Now we know why there is agressive shorts.

[w1ndjammer] 21/4/2022 08:25

Easy to see why this is being held back, with the offers flying in,
wolves at the door

same happened over at TED , but we got the Rottvieler over there to
keep the wolves under control.....

WJ.

[mbdx7em21] 21/4/2022 08:23

very little upside for shorters to have from these levels. expect positions to be wound down.

[wolfofhounslow] 21/4/2022 08:23

BOIX what's L2 looking like

[hamhamham1] 21/4/2022 08:23

For me, that was the best received results by the market in a while.
To open up is vindication that all is not as bad as markets thought IMO.
Happy holder here.

[tansulondon] 21/4/2022 08:22

Presentation on website

[pre] 21/4/2022 08:22

Thg is very much bid or takeover sensitive now as they have had multiple offers

[london07] 21/4/2022 08:22

PE Buyout anytime.

They will come back with an improved offers!

This was simply testing tge waters!

[boix] 21/4/2022 08:21

Only 38% of shares being traded on LSE.
Shorts being let out on other exchanges/broker pool