Thg Share Discussion Threads

[billionarebob] 26/7/2022 11:52

Frankel, simple question how much would WPP pay for THG Ingenuity right now, after the 1 billion investment?

[billionarebob] 26/7/2022 11:50

bldm said:
He claimed, SoftBank will buy THG at £6 when the current price was 70-80p. Logic...

erm they did buy £1 billion pounds when share price was at £5.96 and what a frigging deal that was.

That deal alone is worth more than current market cap.

[hades1] 26/7/2022 11:46

Paid posters don't exist in the UK.

[one_frankel] 26/7/2022 11:46

Ingenuigity is at 60% margin plus EBITDA!...So is that after scaling the business or before Paddy!

You've been sold a pup by another pretentious chav!

[billionarebob] 26/7/2022 11:46

Frankel you know Ingenuity customers, Matalan for example sign 'none disclosures'.

Don't worry yourself about the snake oil instead just concentrate on revenue, global growth, and worldwide fulfillment centres.

Frankel, simple question how much would WPP pay for THG Ingenuity right now, after the 1 billion investment?

[billionarebob] 26/7/2022 11:41

SO bldm:

I
will
ask
you
again
very
slowly
cause
i
know
you
have
learning
difficulties

Why do you keep buying THG shares if they are such a bad investment?

[toastyakatoansy] 26/7/2022 11:41

Ingenuity is 60 percent plus EBITDA

Separation is complete. Accounts going forward will be in each division. Going to be very hard to keep the value down after those accounts are released.

Tick tock.

[bldm] 26/7/2022 11:36

I'm sure Billionarebob is a paid poster. His goal is to hide posts warning investors. His strategy, after it has become evident THG is a pile of dog.... is posting mile-long articles which hide everyone's posts. Just ignore the troll. Up till recently he was claiming SoftBank will exercise the option...Just think about this for a second. He claimed, SoftBank will buy THG at £6 when the current price was 70-80p. Logic...

[one_frankel] 26/7/2022 11:34

I'll iterate again Bob, how profitable are those individual projects to Ingenuity and why is Moulding being rather recalcitrant in proving that information to the market and does that not tell that its just 'Snake Oil' unfortunately!

[chiva20] 26/7/2022 11:33

BillionaireBob thanks for that. I also just lifted this from Glassdoor for Ingenuity, written a couple of days ago from an employee who still works there. The comment on oversold and contracts failing to launch feel very prescient. My target is 35p, we will hit this before any recovery in 2023.


Pros

Good to get some eComm experience on your CV in the early years

Cons

The senior team is (generally) over-promoted without the skills or experience to manage the business. There is no care for managing employees or a clear career development path.; they are viewed purely as a spreadsheet line item.

The offering is oversold, with many clients failing to achieve the promised benefits and failing to launch or cancelling contracts.

The share price since the IPO tells the story of the organisation - hero to zero in a year.

Avoid this organisation at all costs - or at least have an exit plan when you join.

[billionarebob] 26/7/2022 11:30

How profitable Ingenuity - they forecasting 60% EBITDA listen to the webcast it is very enlightening.

'Snake Oil' funny Frankel funny

[one_frankel] 26/7/2022 11:23

...And how profitable are those individual projects to Ingenuity or is it just 'Snake Oil' which wouldn't really provide for their sustainability Bob but dont worry, it will all soon become apparent my dear friend!

[billionarebob] 26/7/2022 11:19

Frankel this is for you :)

Ingenuity sustainability

The past 12 months have been significant for THG Ingenuity Commerce with revenue growth of over 135% year-on-year and a 2-year growth rate of over 500%. Around 100 new solutions have been launched on the platform across a broad range of sectors and many geographies, including the U.S., Germany, China and Australia. Commerce revenues are highly recurring due to the nature of the long-term contracts with clients, benefiting from access to the technology platform, world-class fulfillment and brand-building expertise.

Nonrecurring revenues represent one-off costs for clients such as the site build fees or strategic consultancy. However, these costs recur every time a new client onboards, so reoccurring in nature for THG.

In the near term, we expect recurring revenues to account for 60% of total commerce revenues as nonrecurring revenue remains elevated due to the growth in new clients and pace of new site launches.

During the fourth quarter, we observed an elevated level of recurring revenue due to the high GMV volumes processed around the peak trading period. Ingenuity is completely unique in that the same technology and operations that drive the growth of our Ingenuity partners also powers the growth and success of our own brands. As a result, any developments enhancements we make to our technology, our operations, digital or data solutions automatically benefits our clients, too.

One of the key reasons clients choose Ingenuity is that we make the complex simple. We work with a growing high-quality portfolio of brands who value a partner with deep expertise in scaling international brands. At the heart of Ingenuity is our global infrastructure network, comprising product development and manufacturing facilities, warehousing and fulfillment sites, data centers and content creation studios. Through these facilities, we’re able to service customers across the world with a constant focus on optimizing efficiencies to get products to consumers quickly and profitably.

As consumers more frequently choose to shop online, e-commerce brands must ensure their warehouse capacity and capabilities can match such demand growth. Not only are higher volumes of orders needing to be processed, but expectations for timely deliveries are also raised, with over half of global buyers today stating that delivery times influence purchase decisions. We are now well progressed through our global rollout program, which will see GMV capacity extended significantly. This future-proofs growth for our own brands and Ingenuity clients whilst ensuring the demands of the peak trading periods can be met comfortably.

As part of the expansion, we have extended our major European hub in Poland, in addition to the opening of a brand-new site in Melbourne, which has reduced delivery time to 3 days from 10 based on shipping goods from the U.K. Our next major automation project will be in our New Jersey warehouse, which will further enhance our customer proposition in addition to benefiting our overall network by reducing cost per unit. Our knowledge and experience in executing large-scale projects helps us scale capacity at pace while significantly delivering sales growth with minimal impact.

In September, we dispatched our first order from our ICON U.K. automated warehouse, combining our proprietary warehouse management software Voyager with auto store technology. The site launch and inventory building was achieved through transferring over 12 million units between our existing U.K. distribution center, in the space of just 5 weeks, a highly ambitious project to complete in time for peak trading. The entire solution and build and commission project was completed in just 5 months from initial access to the building to first order dispatch.

This automated storage and retrieval system has the capability to process 500,000 units a day, simplifying and automating elements of traditional manual processes such as selection, delivery, picking and packing. In addition, through the combination with Voyager and demand planning tools, our operational data scientists have delivered substantial ongoing optimization of the technologies, resulting in meaningful ongoing cost reductions.

As you can see, the grid of 69 ports, 256 robots and 300,000 tows stack 16 high on top of each other. The robots are continuously assigned tasks and will always get the closest task at hand with the shortest route in order to save time and energy. The system is also highly reliable and has led to meaningful reductions in peak costs per unit. The facility now not only serves Lookfantastic, but also a number of Ingenuity clients. And most recently, we consolidated our London Cult Beauty warehouse in just a matter of weeks.

In response to growing demand, we are increasingly identifying opportunities to commercialize Ingenuity’s fulfillment services to new and existing commerce clients and as a stand-alone solution as consumers and brands are increasingly faced with rising shipping and fulfillment costs and shortages of capacity. Necessity has driven our innovation. Solutions developed internally that are now available to clients include Voyager. Thatâ€â̶2;¢s our proprietary SaaS solution that can integrate to third-party warehouses. One particular use case is a major beverage brand owner who has expanded the capability of its B2B warehouse to now fully service its direct-to-consumer requirements.

This solution can scale with any client as it does within THG, operating a range of facilities from 50,000 through to 850,000 square foot fully automated sites.

Ingenuity fulfillment services operates as a standard 3PL fulfillment solution, but one which accesses our global infrastructure and career network, taking advantage of investments in automation. THG Delivered is our cross-border fully managed delivery service. Upstream, this includes our headless checkout detect. Thatâ€â̶2;¢s our award-winning proprietary fraud screening tool. And this has access downstream to our fulfillment network and our courier library, including label print, branded delivery communications and fully managed customer service follow-up.

Having established and scaled THGâ€â„;¢s own brands, such as Lookfantastic and Myprotein, as well as Ingenuity clients, the group has seen firsthand the warehousing challenges growing brands face today. This experience has enabled THG Ingenuity to create automated warehouse solutions to enhance time and cost efficiencies in e-commerce order fulfillment. Ingenuity recently announced a partnership with leaders in warehouse robotics technology, AutoStore. The solution combines our warehouse management system, Voyager, with AutoStore’s ASRS warehouse grid and robotics order fulfillment technology, bringing together first, that being our fulfillment inventory retrieval system technology, as a solution for e-commerce retailers and global brands.

Warehouse automation is moving at pace. But typically, solutions are capital-intensive, comprising a complex collection of partners consequently slow to execute with high failure rate leaving the brand owner or retailer a solution that they are able to optimize with no ownership from the provider. THG Ingenuity can also work alongside retailers and brands to identify a suitable solution, but more importantly, take ownership from the design through to build, commissioning and subsequent optimization of the solution. We are well positioned to further build our technology and operating ecosystem, supported by our digital brand services.

2022 priorities include expanding partnerships through international growth, fulfillment and manufacturing. Our end-to-end capability brings us closer to our customers and ensure the models capture a greater share of the customer’s digital spend than any other e-commerce platform.

[billionarebob] 26/7/2022 11:17

Yes Frankel they still look good to me and I was right about what I posted about you in June

billionarebob - 06 Jun 2022 - 21:22:28 - 18335 of 21193 The Hut Group - THG
I think Frankel is going to be here for some time.

He holds no shares, he serves no purpose, his advice will ALWAYS BE NEGATIVE!!!

Don't be fooled and don't let others be fooled :)

[one_frankel] 26/7/2022 11:15

Even if it Ingenuity adds 'Value' to WPPs EveryMile, they will be fully aware of how distressed THG is in the market Bob but you do know what happens there...They dictate how situations unfold albeit with an incredibly uncompromising wider market environment and THG won't be able to do jacksh1t about it!

...So ones lofty ambitions for THG still looking riveting hey Bob, hehe!

[billionarebob] 26/7/2022 11:11

bldm you never answered my question

'Why do you keep buying THG shares if the company is that bad an investment?
What sort of trader does that make you - A Gerald Ratner investor ROFL :

Hilarious!!!

[leoneobull] 26/7/2022 11:10

Arrogance? Et tu, brute

[bldm] 26/7/2022 11:08

Billionarebob invests by reading the daily mail and the grocer tee-hee! To my point - the bulls here have never contributed any value. All they do is seek articles and posts that validate their position and post them. Why don't you post what the FT write about THG? Or are they in bed with hedge funds/competition/brokers - pick any that are convenient. I don't invest based on what "the grocer" writes about THG. Yeah, they expended hundreds of millions building capacity into a recession - the definition of overexpansion and most likely a bad investment. Amazon over expanded but Amazon can afford it, THG can't, at least not at this stage. This of course means they used YOUR money suboptimally.

[stallone10] 26/7/2022 11:03

When’s the next results?

[billionarebob] 26/7/2022 10:58

You cannot build 18 warehouses overnight many with autostore features.

WPP are years behind and will need 1 billion to get there

Frankel did I tell you the autostore robots are not bothered about pay risers, going on strike, pensions, holidays, maternity leave, interest rates, bank holidays, unions and they can work in the dark :)

Watch this video it is a real eye-opener
www.youtube.com/watch?v=iHC9ec591lI&t=5s

[leoneobull] 26/7/2022 10:51

We got 1 billion usd, should avoid a fundraiser,. Whey prices down, nutrition and beauty sound. Bye bye Softbank

[billionarebob] 26/7/2022 10:49

Frankel articles like these are very relevant :)

I like this bit:

WPP’s comparative weakness, however, is its lack of fulfilment infrastructure. THG through 2021 added six new warehouses to its network globally, taking the total to 18.

softBank thanks a billion :)

[amaretto1] 26/7/2022 10:49

Have you lost it ?

[leoneobull] 26/7/2022 10:48

Glad to see the back of Softbank. Would like to thank them for 1 billion usd though.