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THG Thg Plc

53.25
1.40 (2.70%)
12 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thg Plc LSE:THG London Ordinary Share GB00BMTV7393 ORD GBP0.005
  Price Change % Change Share Price Shares Traded Last Trade
  1.40 2.70% 53.25 10,365,384 16:35:10
Bid Price Offer Price High Price Low Price Open Price
53.30 54.05 54.80 51.85 52.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 2.05B -248.37M -0.1866 -2.88 690.14M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:07:12 O 20,000 53.25 GBX

Thg (THG) Latest News

Thg (THG) Discussions and Chat

Thg Forums and Chat

Date Time Title Posts
12/12/202423:57The Hut Group72,907
10/11/202407:06QANTAS - ADVFN's ANGRY MULTIPLE ALIAS LOSER5
11/10/202405:14Rivvy divvy24
05/9/202410:18SPARSAM - LOSER, ZERO CREDIBILITY + SKINT3
11/6/202420:56test1

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Thg (THG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-12 17:07:1253.2520,00010,650.00O
2024-12-12 16:35:1153.2550,00026,625.00O
2024-12-12 16:35:1153.25200,000106,500.00O
2024-12-12 16:35:1153.25191,499101,973.22O
2024-12-12 16:35:1153.2549,44026,326.80O

Thg (THG) Top Chat Posts

Top Posts
Posted at 12/12/2024 08:20 by Thg Daily Update
Thg Plc is listed in the Misc Retail Stores, Nec sector of the London Stock Exchange with ticker THG. The last closing price for Thg was 51.85p.
Thg currently has 1,331,037,841 shares in issue. The market capitalisation of Thg is £714,767,321.
Thg has a price to earnings ratio (PE ratio) of -2.88.
This morning THG shares opened at 52p
Posted at 12/12/2024 19:12 by hades1
It all depends what the markets are expecting although I am not sure anyone was expecting a share price less that 54p at this point so these could be adjusted downward?
My guess before any adjustments are they expecting My Protein around -10 to -12% and Beauty(all) around +5 to +7% for Q4.
December is critical with Black Friday and more shopping days.
Just my guess after listening to Q3 conference call.
These numbers are with the share price certainly in the 60s and were before capital raise and possible dilution.
Posted at 02/12/2024 23:52 by meleforgothisbongo
Next billion of revenue in the bag according to MM on linked in. THG Social the next growth arm from THG.The fact he said it. If this has any remote Chance of being something then this puts the share price in a 6 bag spin almost right away.
Posted at 28/11/2024 12:36 by master rsi
IN BRIEF: THG set to enter FTSE 250 index as changes listing category
Thu, 28th Nov 2024 12:12 Alliance News

THG PLC - Manchester-based e-commerce retailer of consumer beauty and nutrition products - Will change its London listing category to 'commercial companies' from 'transition' to clear the way for inclusion in FTSE UK indices. The change in listing status will be effective from January 6. This will allow THG to be part of the March quarterly index review by index provider FTSE Russell. It will miss the December review, which will take place next week. At that review, Deliveroo PLC and Oxford Nanopore Technologies PLC, who made the same change to their listing category, are expected to join the FTSE 250 index of mid-cap stocks. With a market capitalisation of GBP715.4 million, THG would be almost certain to do the same come March.

THG previously had planned to move to the 'premium' listing segment in London, with Founder & Chief Executive Officer Matthew Moulding clearing the way to do so by giving up his 'golden share' with its voting special rights back in 2023. Since then, the UK Financial Conduct Authority made changes to UK listing rules, creating the new categories.

THG also on Thursday called a general meeting for December 27 for shareholders to vote on its proposal to demerge Ingenuity. The division operates THG's e-commerce platform, so the spin-off will make THG a pure-play retailer of consumer beauty and nutrition products.
Posted at 28/11/2024 11:47 by master rsi
THG Holdings receives Investment Bank Analyst Rating - 1 hour ago


---------------

THG (THG) Share Forecast, Price Targets and Analysts ...

In the current month, THG has received 4 Buy Ratings, 3 Hold Ratings, and 1 Sell Ratings. THG average Analyst price target in the past 3 months is 76.75p.
Posted at 11/11/2024 17:08 by sellhighandbuylow
The failed share ramper, Jon Smith posting as QANTAS and WOLF of LOSERVILLE and WOLOLOL and AJ NOT VERY BRIGHT and dealy and RIVINGTON STREET and LOSSES and b00mb0y has an unenviable track record of picking dud shares and losing money !!

Over 5 Years THG shareholder have lost 59.55% of their capital
Over 3 Years THG shareholders have lost 80.15% of their capital
Over 1 Year THG shareholders have lost 37.80% of their capital

Over 5 Years ASOS shareholders have lost 88.61% of their capital
Over 3 Years ASOS shareholders have lost 86.05% of their capital
Over 1 Year ASOS shareholders have lost 7.03% of their capital

Over 5 Years Boohoo shareholders have lost 88.49% of their capital
Over 3 Years Boohoo shareholders have lost 84.53% of their capital
Over 1 Year Boohoo shareholders have lost 12.49% of their capital

Over 5 Years Superdry shareholders have lost 99.30% of their capital
Over 3 Years Superdry shareholders have lost 98.86% of their capital
Over 1 Year Superdry shareholders have lost 91.82% of their capital

Over 5 Years Ocado shareholders have lost 73.08% of their capital
Over 3 Years Ocado shareholders have lost 80.19% of their capital
Over 1 Year Ocado shareholders have lost 37.40% of their capital

😂😂😂 and he's got the full set - so that makes him a multi-alias MEGA LOSER 😂😂😂
Posted at 10/11/2024 07:06 by sellhighandbuylow
The failed share ramper, QANTAS has an unenviable track record of picking dud shares and losing money !!


Over 5 Years ASOS shareholders have lost 88.61% of their capital

Over 3 Years ASOS shareholders have lost 86.05% of their capital

Over 1 Year ASOS shareholders have lost 7.03% of their capital


Over 5 Years Boohoo shareholders have lost 88.49% of their capital

Over 3 Years Boohoo shareholders have lost 84.53% of their capital

Over 1 Year Boohoo shareholders have lost 12.49% of their capital


Over 5 Years Superdry shareholders have lost 99.30% of their capital

Over 3 Years Superdry shareholders have lost 98.86% of their capital

Over 1 Year Superdry shareholders have lost 91.82% of their capital


Over 5 Years Ocado shareholders have lost 73.08% of their capital

Over 3 Years Ocado shareholders have lost 80.19% of their capital

Over 1 Year Ocado shareholders have lost 37.40% of their capital


Over 5 Years THG shareholder have lost 59.55% of their capital

Over 3 Years THG shareholders have lost 80.15% of their capital

Over 1 Year THG shareholders have lost 37.80% of their capital


and he's got the full set - so that makes him a multi-alias MEGA LOSER !!!

😂😂😂😂 8514;😂ԅ14;😂😂;😂😂😂😂28514;😂€514;😂㈳4;😂😂😂😂😂😂 8514;😂ԅ14;😂😂;😂😂😂😂28514;😂€514;😂㈳4;😂😂😂😂😂😂 8514;😂ԅ14;😂😂;😂😂😂😂28514;😂€514;😂㈳4;😂😂😂😂😂😂 8514;😂ԅ14;😂😂;😂😂😂😂28514;😂€514;😂㈳4;😂😂😂😂😂😂 8514;😂ԅ14;😂😂;😂😂😂
Posted at 07/11/2024 14:56 by grabster
Selkirk Group ipo - first day of dealing today. (SELK)

So what?
So its executive chairman is Iain McDonald, founder of Belerion Capital and former chair of THG PLC (LSE:THG) (Belerion were half-owner Selkirk and will now hold 16.6%). And Selkirk is like a sibling of Kelso which already had involvement in THG.

"Selkirk has set its sights on acquiring undervalued companies, particularly those operating as subsidiaries within larger businesses, aiming to reveal their hidden potential through independent stock market listings."


It's only an AIM tiddler. And I don't spot any immediate overlap of interests with THG products or services. But is there any tiny little division of THG he might have his eye on? Or a division of some wannabe THG competitor?

"Notable investors include Sir Terry Leahy, former CEO of Tesco, who is expected to hold a 10% stake post-IPO. Other backers include Ed Woodward, one-time boss of Manchester United, and Oliver Hemsley, founder of Numis, the min-investment bank"
Posted at 01/11/2024 23:19 by master rsi
Retail e-commerce group THG Ordinary Share - Edmond Jackson
– formerly The Hut Group - is a mid-cap where “bargepole treatment” easily comes to mind.

Since flotation four years ago, its stock has collapsed from an 800p high to around 47p, and persistent financial losses are expected to drop below £100 million only in 2025. Capitalised development means heavy intangibles, hence £272 million negative net tangible assets. There is £354 million net debt, but at least free cash flow turned positive last year.

Indeed, I took a “sell” stance at 195p in November 2021 on the grounds of a worsening macro context into which THG was vigorously expanding. Last November, I mitigated this to “hold” at 62p after the CEO proclaimed each division was delivering improved performance and the stock had initially jumped 30% over 70p. I did, however, caution that there were better choices.

Yet the directors have recently bought determinedly. The founder CEO put £10 million of his own money into an equity placing and open offer last month at 49p, which raised around £95 million “for general corporate purposes” with nearly 15% dilution. The CFO put in £75,000, still plenty significant for a professional rather than wealthy entrepreneur; and the CFO’s view counts. Last Wednesday, around £400,000 of stock was bought in the market by a five further directors at market prices of 46p to 47p.

Admittedly, Balderton Capital reduced its stake from 8% to 6.4% a few weeks ago, although institutions are not unknown to bail around the low.

It is material concerted buying that flags THG as deserving at least another look. The market’s ingrained scepticism meant the stock could not close up even 1% though, at 46.7p, in response to the latest purchases.

What might be a trigger from the operations narrative?
There seems to be nothing in the 2024 numbers. THG’s main revenue generators are consumer beauty and nutrition products; beauty rose just 5.2% to £775 million in the nine months to 30 September and only 2.3% in the third quarter, while nutrition fell 11.6% to £434 million over nine months and by 13% over the third quarter. Management still proclaimed “improving trends” from nutrition during the quarter, so you may excuse me a sense of déjà vu.

The directors appear to have conviction that a demerger of the group’s digital commerce solutions side Ingenuity will be transformational – at least to some degree. It can seem like THG is divesting its growth engine given Ingenuity’s revenue rose 13.5% over nine months to £124 million, advancing to 15% in the third quarter with £44 million.

Yet a strategic and operational review last September concluded: “The demerger of Ingenuity facilitates the simplification of THG’s business model, as a cash-generative global consumer beauty and nutrition group, with an improved balance sheet, capital expenditure and cash-flow profile.”

A prompt £95 million capital raising implies nothing special about cash flow in the near term. Ingenuity is expected to have an equity value around £100 million, although it could be better explained how such a divestment is to be accounted for – to the benefit of THG.

A 17 September announcement states clearly, the group will, post de-merger, consist of the beauty and nutrition products, rather than, say, a legally separate e-commerce logistics business that is equity accounted for.

It’s unclear quite how the alleged £100 million equity value of Ingenuity is to be credited to THG as a group, hence its shareholders. Perhaps that was in a specific circular.

Anyway, this strategic change asks us to look forward, to a scenario where capital expenditure on Ingenuity is no longer absorbing cash generated by beauty and nutrition, albeit premature to offer any pro forma scenario.

Ingenuity is said to be better able as a standalone business to win customers in the wider e-commerce market beyond THG beauty and nutrition. But what is the point of teasing with this if it is no longer part of THG group?

It is not hard to appreciate why THG has generally lost the confidence of investors, if only by its communications alone, but the facts are that this does look like a watershed moment and the THG directors are backing it firmly with their cash.

Consumer outlook for beauty and nutrition is also key
Director dealings do not guarantee anything; they only reflect belief. What they cannot reflect – beyond this strategic change – is consumer discretionary spending where THG derives half its revenue from the UK followed by Europe, the US and the rest of the world.

Call me cautious but my reaction to this first Labour Budget is wariness. Greater taxes on the wealthy combined with higher national insurance contributions for employers – affecting private sector wage rises – seem unlikely to boost confidence.

Budget 2024: what it means for your money
Budget 2024: AIM shares no longer IHT exempt, and ISA allowance frozen
Independent forecasters also say the tax rises so far do not support Labour’s spending plans. Consider also what extent of debt the financial markets will allow the UK to pursue.

So, while the domestic consumer situation might not be so bad, it is the agile value operators who seem likely to thrive best – cue the Chinese operators Shein and Temu, where the Budget failed to address their advantage in terms of VAT. I have no sense of how their beauty products compete on quality with THG, or whether price will be more critical in the next two years.

The second half is ‘the most profitable and cash generative’
THG was profitable in the first half of 2024 only in terms of £52 million adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) on £911 million revenue. This is quite artificial given around £80 million annual development spend, capitalised then written off, but should reduce with the divestment of Ingenuity.

Yet the statutory interim loss was £84 million before adjusting items, on £934 million revenue. The net loss was £121 million after a £33.7 million net finance cost on £352 million net debt. This charge seems particularly high even considering £335 million leases.

Around £2 billion annual revenue is the big opportunity here, given the stock trades on a price/sales ratio of just 0.4. Can margins be recouped? In 2015, THG achieved a 5.3% operating margin on £334 million revenue. Revenue grew substantially to 2022 then slipped, but it’s not clear if this involved any loss of marketing edge – or Chinese competition, like I considered in my last piece on Boohoo Group

. Has a headwind for margin recovery vs cheap Chinese prices, at least on beauty products, set in?

A strategic partnership was declared last June with Frasers Group, which made a £10 million strategic investment in THG, hence is implicitly on-side with the e-commerce logistics demerger, and Frasers’ involvement should benefit beauty and nutrition. THG sold its luxury products websites to Frasers at an undisclosed price, having achieved only a “broadly breakeven” outcome on £43 million revenue in 2023. Again, it is premature to figure the upshot for revenue and profit.

Leads to a ‘highly speculative’ conclusion
From their dealings, insiders clearly believe the demerger is a watershed moment and positive for value. The consumer environment remains uncertain, however, and THG will need to show further how it is going to recoup margin even if divesting Ingenuity helps.

There is a case here for speculators to consider a starter position and see what evolves. Follow the directors. However, there’s a way to go before an investment “buy” case can be substantiated, therefore overall I retain “hold”.
Posted at 31/10/2024 22:43 by qantas
Top Director Buys always a good sign


Thg (THG)
Director name: Allen,Charles
Amount purchased: 542,000 @ 45.74p
Value:

Thg (THG)
Director name: Jones ,Helen
Amount purchased: 104,084 @ 47.56p
Value: £49,502.35

Thg (THG)
Director name: Farr,Susan Jane
Amount purchased: 104,346 @ 47.00p
Value: £49,042.62

Thg (THG)
Director name: Kent ,Gillian
Amount purchased: 53,500 @ 46.39p
Value: £24,819.72

Thg (THG)
Director name: Moore,Dean
Amount purchased: 53,143 @ 46.57p
Value: £24,748.70
Posted at 25/10/2024 08:48 by one_frankel
A good post by Redacted on LSE!

..."Some here are still in denial over what is happening. I, and it seems a few others now, have moved on to anger.

Regardless of what we speculate/think/want/hope/pray might happen, the market works with facts. And as the facts stand they don't much like what they see. Share price is very much a forward looking metric of a company's prospects or potential. So if the market really believed a re-rate was warranted it would already be reflected in the SP, but they don't, and it isn't. And if the market believed a bid was incoming, that too would be reflected in the SP, but they don't, so it isn't either. In fact the market sees very few positives at the moment, hence the share price is on its backside, struggling find a support level. Hopefully that will change after the Circular is released but as yet they are not convinced.

You could hear that during the analyst call. There were some difficult questions asked, from a sceptical audience, which is unusual. MM tried to come out fighting but his answers just weren't that convincing. The problem is they are suspicious of MM's intentions and motives. Can you blame them? Ingenuity has been valued at the square root of FA, mainly thanks to MM's mismanagement, but think what it would cost now to build it from scratch. We all know because most of THG's earnings for the last few years (and some) has gone in to getting it to where it is now. So why has it been valued so low? Well maybe that's because it was valued by MM, for the good and benefit of him and his chums.

And before anyone says we can all 'roll' with it, yes, I suppose we can. Just as long as our shares are not held in a SIPP or ISA, which I suspect is the case for most of us, and we can trust MM not to dilute us out of existence over time, which we obviously can't. For us there is no real choice, which is why the demerger has been structured in that way. Obvious really in hindsight.

So, to all those that have been crying out for a 'capital event' for the last Go_d knows how long, I hope you are happy now? Careful what you wish for I say.

Well played Matt!"
Thg share price data is direct from the London Stock Exchange

Thg Frequently Asked Questions (FAQ)

What is the current Thg share price?
The current share price of Thg is 53.25p.
How many Thg shares are in issue?
Thg has 1,331,037,841 shares in issue.
What is the market cap of Thg?
The market capitalisation of Thg is GBP 690.14 M.
What is the 1 year trading range for Thg share price?
Thg has traded in the range of 38.98p to 89.76p during the past year.
What is the PE ratio of Thg?
The price to earnings ratio of Thg is -2.88.
What is the cash to sales ratio of Thg?
The cash to sales ratio of Thg is 0.35.
What is the reporting currency for Thg?
Thg reports financial results in GBP.
What is the latest annual turnover for Thg?
The latest annual turnover of Thg is GBP 2.05B.
What is the latest annual profit for Thg?
The latest annual profit of Thg is GBP -248.37M.
What is the registered address of Thg?
The registered address for Thg is 5TH FLOOR, VOYAGER HOUSE CHICAGO AVENUE, MANCHESTER AIRPORT, MANCHESTER, M90 3DQ.
What is the Thg website address?
The website address for Thg is www.thg.com.
Which industry sector does Thg operate in?
Thg operates in the MISC RETAIL STORES, NEC sector.

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