I build big things online (usually) | The Founder of Myprotein®, Verve®, Cookson First Aid | Published Author: ‘Bootstrap Your Life’ | Philanthropist & Investor | Patron @ Make-A-Wish
As a long-standing shareholder of THG Plc, holding approximately 1.6% of the company, my commitment to its sustainable growth and proper governance is driven purely by considerations of shareholder value, devoid of any personal emotion. I fully support Kelso Group Holdings’ proactive stance in addressing critical issues at the forthcoming AGM. The current market valuation of THG starkly underrepresents the sum of its parts, a view supported by independent evaluations, such as the recent coverage from Peel Hunt. This valuation gap is largely due to strategic stagnation and a lack of transparency from the current leadership, as highlighted in Kelso’s recent communications. It is crucial that we take decisive action now. I urge all shareholders to recognise the long-term benefits of the changes proposed by Kelso, particularly their intention to vote against Resolution 5 concerning the re-election of the Chair. Our focus must be on strategic clarity and enhanced governance to unlock the true potential of THG. Together, let’s ensure our investment decisions are measured, objective, and focused on driving shareholder value.
Given that THG Nutrition is the major contributor of EBITDA margin to the group, how do you look at competitors like Prozis taking market share in key markets for THG Nutrition and what do you do differently to prevent that?
Turn that 1.6% into 2% and wait for the tide to turn, I'm sure you'll be happy with the returns 🤑
Oliver Cookson Well said Oliver. Anything that helps send the stock value up is appreciated.
Well Articulated! 👍
Being Artificially Intelligent About Artificial Intelligence
3moIf you guys need a chair that can get the wheel moving in the right way, hit me up.