Thg Share Discussion Threads

[one_frankel] 19/7/2022 10:38

Are you incompetent or just simply du_mb?

...But are you not aware that capital markets tend to dry up in times of trouble and strife but I'm fully aware of CSFS having a past interest in Vela!

...Makes a decent profit hey!...I doubt gross margin with revenue growth is indicative as such but do you honestly think so, with reading all those company announcements with such a fine tooth comb, hehe!

[boix] 19/7/2022 10:38

FT This morning
Main part
……There were supposed takeover approaches from shareholder Belerion and from Nick Candy, neither of which were sufficient for CEO Matt Moulding to open the corporate kimono. There’s also trading, which as been deteriorating steadily as whey prices rise and sterling doesn’t. There’s also Softbank, whose SB Northstar division was last year given a free option to pay $1.6bn for a 19.9 per cent stake in THG’s Ingenuity division, but probably won’t use it by dint of no longer existing.
To that list Barclays adds macro-led weaker consumer spending and slower corporate decision making. “In this context, we find it hard to build confidence that consensus expectations have found a floor, and this set up is tricky in the current market environment for a FCF negative business,” analyst Andrew Ross tells clients.
Barclays (which is THG’s joint house broker) guesses at 18 per cent sales growth this year, which is some way below company guidance for 22-25 per cent (pre a 1 percentage point headwind from Russian withdrawal). The 2022 Ebitda guess of £147mn is 8 per cent below the market consensus but comes with the caveat that Ingenuity still needs to meet the management target, which “isn’t a given”. Cash burn is £156mn this year and won’t turn positive until 2025, by which time gross cash is down to £100mn — which doesn’t leave much scope for acquisitions of the type that have made THG’s reported numbers such a morass all though its existence.
“We don’t think THG needs to raise capital but we do think capital preservation is a relevant factor and could impact how fast this business grows in the next couple of years if macro conditions deteriorate further,” says Barclays, with understatement we should probably consider admirable.
Much of THG’s value these days is in the expectation that Moulding pursues a break-up, perhaps by finding buyers or investors for the individual parts, which brings us back to those sum-of-the-parts tables.
This year’s lossco sell-off has hit the European e-commerce stocks very hard and in that context Barclays’ valuations for THG’s bits are not ungenerous, with Beauty and Nutrition priced at the top of their peer group at 0.4x and 0.5x sales respectively. Ingenuity’s priced at 7x sales, which is a higher multiple than Shopify. Yet Barclays still only reaches 100p per share.
A reminder that in May, THG said an offer pitched at 170p a share “significantly undervalued the company and its future prospects”.

[toastyakatoansy] 19/7/2022 10:33

Frankels clan on their way to England to collect their benefits.

[bwana4] 19/7/2022 10:25

Good to see you post on this thread R&T one.
Thank you so much for the info CSFS. I will definitely do my DYOR on it.
I also have a little minnow for you check out BBSN .

Hades1.
Good to see you back as well. Enjoy the warm weather and take things easy. Don't stress out about THG. Mark my words today. I put my hands up that at times I do make mistakes.
GLA all holders. and ATB.
PS.
we do have a banter and it is harmless in the long run.

[one_frankel] 19/7/2022 10:21

That's great to hear Paddy, I'm sure that 'Supposed' sister of mine will be ecstatic you du_mb Northern Irish peasant!

...By the way, some of us have a modicum of modesty about us, not an "Inferiority Complex" of trying to prove their insignificant worth to others hey Paddy, if you get my drift!

[toastyakatoansy] 19/7/2022 10:10

Frankel congrats. Code expired. 10,000 uses in an hour. Your sister will be busy the next week.

Take us a pic where you are now Frankel, so we can see what success looks like lol.

[one_frankel] 19/7/2022 09:52

Ever wondered why with an illiquid stock, small volume can intensify price action but I doubt the spread will be that enticing to an investor you fo_ol!

...But you should try delving a little deeper before contemplating a £20K investment in CSFS when the Board have clearly stated that the Group only has sufficient access to funding in continuing as a 'Going Concern' until the end of the current year you fu_ckin mug...

The THG faithful certainly have such a compelling way to make those all important investing decisions, how do you all do it so well, hehe!

[roughandtumbleone] 19/7/2022 09:37

Bwana et al.I still don't know why people respond to peeps that spend their entire day and often night talking a stick down. I've yet to fathom what their ROI is for spending such lengthy periods.Take a look at Cornerstone (CSFS) only 23m shares in issue valued at just over 2m and yet with recent announcement will have a GP of around 2m for this FY. It's worth putting £20k in and as seen recently when it moved with so few shares in issue, it really motors. DYOR of course and IMOr&T

[one_frankel] 19/7/2022 09:30

Is this Bwana4 deluded or just a du_mb fu_ck as he seems to have pretty much everyone on filter but then responds to their comments bizarrely!

[tomzimerman] 19/7/2022 09:29

Got a bad feeling surrounding this market, I'm out for now, gl all

[one_frankel] 19/7/2022 09:23

Sanks, dont waste your time investing here, just amuse yourself with the utter incompetence of the clearly 'Unlearned', THG is a dud company with valuations destined to be alot lower in future!

[kenbos] 19/7/2022 09:22

What ? Are sell's not visible ?

[sankshiela] 19/7/2022 09:19

Big sells - people piling out? Does seem to be the beginning of the end now

[one_frankel] 19/7/2022 09:19

Paddy quick question, why are the Northern Irish still living like peasants albeit in the 21st Century and the women all look like skags?

...Does your type struggle to adapt with the sign of the times although it would explain all your rather rudimental thinking and investing though hey Paddy!

[boix] 19/7/2022 09:01

Reduced my exist price from 90p as I am not in my teens.
Needs to be achievable.
MM nuked all private shareholders last month

[hades1] 19/7/2022 08:56

Still one more house broker to update - can’t wait.

[toastyakatoansy] 19/7/2022 08:55

New code released this morning lads. Cost of living crisis bites hard in London Town só frankel has stepped up. Use code stinky50 for 50 percent off Frankels Sister.

Terms and conditions apply.

First 20,000 customers only within 1 year.
Payment method: cash or goats.

[bwana4] 19/7/2022 08:53

LOL BOIX is still around for his 90 P. I hope you get it but you are going to have to wait.
Read all the links I posted in the early hours for the very good reasons to be holding THG shares. Watch mid September when the results come in !!

I sold my BEG share today !! All that money went into THG shares !
Look up BEG a very good Co. Very good results !! I was asked why sell then ??
Because I will buy beg again. I plan to because that is my tuck away share.
I invest and don't bleat when I am losing on a share !!
Try and have a good day,I sure am. :-o)

Oh' don't reply to my post as you are on Filter.

[bwana4] 19/7/2022 08:44

LOL :o) I am a very happy buyer today LOL. Excellent the shorts !!
My congratulations for doing a good job for me the shorts and the FUD gang.
LOL very happy indeed today.
:-o)

[boix] 19/7/2022 08:37

Barclays are one of their three house brokers.

[sentimentrule] 19/7/2022 08:35

This is a horrible horrible horrible company

[sankshiela] 19/7/2022 08:03

Peanut can you say are the link