Markets find hard to value Hut Group but Japanese bank seems to like the look of it
The Hut Group, or THG as it’s become, floated at 500p last September, has been as high as 800p and closed on Monday a shade below 600p. In other words, it is a business the market finds hard to value, which is perhaps not surprising since there aren’t many like it.
THG is an e-commerce marketing platform with a bits-and-pieces beauty and nutrition operation that moves in the baffling world of social media influencers. And it is led by its photogenic founder, Matthew Moulding, who insists on adding a golden share to his 25% holding.
