Thg Share Discussion Threads

[london07] 06/6/2022 12:08

So now we know Sir Terence has a nice chunk in THG, about ~£25m, one of the greatest UK businessmen of the last few decades!!

But but frank and the other paid derampers know better jeez can't make it up, like a comedy show 🤣🤣.

Admire the persistence and effort though, must be desperate.

[one_frankel] 06/6/2022 12:02

Hehe, what do you think ii's destroy valuations without due cause for concern and take on unnecessary elevated risk our delightful country bumpkin of a pu33y...But try to walk before one tries to run hey!

[one_frankel] 06/6/2022 11:57

Its called assisting those that may have got ahead themselves with their undoubted analysis and there seems to be plenty of those right Bob!

[billionarebob] 06/6/2022 11:56

4x4 yep Sir Terry is a good Liverpool lad and used to go to the school opposite my old school in Sandfield Park.



Don't know him personaly but he is a long term THG holder and well respected in the city.

[4x4mudplugger] 06/6/2022 11:50

Sorry, correction, it is the RNS Form 8.3 from Sir Terence Patrick Leahy.

[one_frankel] 06/6/2022 11:49

Haven't you got some more analysis to do with THG, you like to be thorough and prolonged but endeavour to make those grave mistakes unfortunately Toansy!

[4x4mudplugger] 06/6/2022 11:48

Latest 8.5 RNS signed off as Sir Terence Patrick Leahy - Ex-Tesco boss. Is he an investor, on the THG BOD?

[billionarebob] 06/6/2022 11:37

Frankie has no shares and is just here offering free negative advice.

Ask yourself why would anyone do that?

Don't be fooled!!!!

[srs8] 06/6/2022 11:35

please be careful i m SANKS... i mean please be creaful I mrsimmons.. i mean please be careful my made up bird shiela has seen some books...i mean please be careful I love you all.... I mean please be careful as if you go as bonkers as me, i mean i mean i mean
MRS SANKS IMMONS - what a true prat you are

[one_frankel] 06/6/2022 11:32

Come on Bob, all listed businesses will state in no uncertain terms, huge growth opportunities as they have a responsibility to their shareholders!

...But it is your task to validate those claims except if you can't work out the true value of their individual business strands, its fruitless!

...And all those RNSs for Swaps tells a stark story that even the ii's are confused as to what is THGs iintrinsic value!

[sanks] 06/6/2022 11:26

Please be very careful..
bid was over 2 weeks ago and price target has been downgraded to £1.48!!..the percentage of rampers have increased 4 fold and I'm a tad concerned for the birds cos I've seen the books..
Entry target remains 72p


30 May 2022
THG PLC : JP MORGAN CUTS TARGET PRICE TO 148P FROM 205P

[billionarebob] 06/6/2022 11:15

This is why I am invested in THG & this is why PE want it :)

We continue to evolve and operate to the highest standards of corporate governance, and we’re delighted to announce last month that Charles Allen, Lord Allen of Kensington CBE, had joined THG as Independent Nonexec Chair. Charles has extensive board room experience across a range of sectors and chaired many similar large, successful dynamic companies. And as I said in my statement at the time, I’m particularly pleased to have Charles work with me on delivering the group’s ambitious growth plans.

2021 was a pivotal year for online commerce globally with changes evident right across our business in key markets as consumers and brands increasingly adopt digital ways of engaging. The pandemic has changed the way business is conducted and consumers behave, creating opportunities for us to invest in support of our strategic growth ambitions. We invested across our entire business: in our infrastructure through the completion of our state-of-the-art ICON Technology Campus in Manchester; in our Ingenuity platform by expanding our global distribution network and delivering key functionality; in our global footprint, through the acquisition of Dermstore to accelerate U.S. growth; and most importantly, in our people, where we welcomed around 3,000 employees to the group.

We delivered a record financial performance with group revenue of £2.2 billion, an increase of 38% on 2020 and an almost doubling of group revenues on a 2-year basis. I am incredibly grateful to all THG colleagues for their hard work and dedication in helping us achieve such strong growth in the year. And that growth was broad-based with all divisions delivering organic growth against challenging comparatives.

Our largest division, THG Beauty was up 51% year-on-year, including contributions from our recent acquisitions, Dermstore, Bentley and Cult Beauty. In our Nutrition division, we continue to innovate the brand and product offering in each territory. The delivery of 21% growth in the year was supported by enhanced in-house development and production capabilities through investment in the supply chain, most notably in drinks and bar manufacturing capabilities, as well as bringing in-house flavoring capabilities. Revenue from returning Beauty and Nutrition customers represented around 80% of sales in the financial year with influencer-led digital marketing delivering high return on investment. Our Ingenuity Commerce business continued to perform strongly, with year-on-year revenues up 135% and nearly 100 new sites added to the platform from a growing client base across a range of different verticals.

Group gross margin was broadly stable at 44.7%, and the group delivered adjusted EBITDA of £161 million, which was up 7% on the previous year. We retain a focus on cost discipline whilst maintaining our strategy of investing for growth and continue to benefit from a healthy liquidity position with cash on hand of over £530 million plus an undrawn RCF of £170 million, giving the group available funds of £700 million.

In terms of operational and strategic highlights, we saw strong growth in customers. We expanded our offering in the important U.S. market with the acquisition of Dermstore, the leading U.S. pure-play online prestige and professional skin care business.

The U.S. now represents almost 20% of group revenues, and we remain confident in the opportunity for growth across both Beauty and Nutrition. Finally, our goal as well as being a fast-growing business is to be a great place to work. So we were pleased to be recognized as one of the best companies Top 25 Best Big Companies to work for in 2021.

Given the size of the beauty, wellness and technology markets in which we operate, we see huge opportunities to keep investing for growth. Demand in our high-growth markets remains strong, and we have observed new and existing customer behavior metrics consistent with the pre-pandemic environment such as stable average order values and high customer repeat rates.

THG Beauty, the global #1 pure-play online prestige beauty retailer, has a compelling track record of growth. Likewise, THG Nutrition, the world’s largest online D2C sports nutrition brand, grew its active customers from 6.3 million to 7.2 million around the globe.

Availability, continuity and breadth of range, coupled with our frictionless Ingenuity online retailing environment, are key factors in the high repeat order rates and increased AOVs.

E-commerce remains a winning channel with increased convenience due to enhanced delivery and fulfillment infrastructure, increased product and category range and deeper engagement with brands selling direct to consumer. We are confident in our strategy of putting the consumer first and focusing on top line sales growth.

Our vision remains unchanged. THG Beauty and THG Nutrition are focused on becoming the undisputed digital leaders in their categories. And in THG Ingenuity, we aim to build the leading technology platform for the enterprise market, powering digital transformation for brands globally. The management team with our Board’s full support remain wholly focused on delivering our strategic growth plans in 2022 to drive shareholder value.

[trolleyfull] 06/6/2022 11:14

Just reading through the post -
This place has descended into madness -
I cant wait till all these games are over and we are back trading at a true value £7+

Good luck all

[nav1000] 06/6/2022 11:09

Anyone goin agm?

[one_frankel] 06/6/2022 10:56

Bob, MM is not a true entrepreneur in the literal sense, he understands nothing of how a listed business borne success, hence, the capitulation in share price since IPO, so I doubt he has much regard for saving face or is it grace in the city!

[boix] 06/6/2022 10:52

Low liquidity today despite market strength.
L2 weak.
50% LSE trade is high.
Broker pools quiet.

[billionarebob] 06/6/2022 10:50

How many shares you got Frankie and what is your average :)

[one_frankel] 06/6/2022 10:46

Hallelujah Boix!...At least we have one who is somewhat discerning to how THG may ultimately play out!

...Because THG was not only overvalued to begin with Bob but had a rather convoluted business structure that got caught up in all the melee of a bullish economy and you'll be incredibly fortuitous to get anywhere near those initial buying levels and around the £2 mark is where the market will be overjoyed!

[griffo221] 06/6/2022 10:43

Done the same myself this morning, ignored Sanks, nav etc and will do the same for any others that crop up now