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IDP Innovaderma Plc

29.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Innovaderma Plc IDP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 29.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
29.00
more quote information »

Innovaderma IDP Dividends History

No dividends issued between 26 Apr 2014 and 26 Apr 2024

Top Dividend Posts

Top Posts
Posted at 15/7/2022 12:00 by km18
...from a few months ago...

InnovaDerma plc comprises departments engaged in developing clinically proven treatments for hair loss, hair care, self-tanning and skin rejuvenation. As a result, the firm is focused on hair and beauty. These highly enriching and stimulating initiatives were positively reflected on the firm’s financial prospects, where cash hiked to £1.33m in 2021 from £0.15m in 2020.  Despite the cash rally, the firm’s stock price is undervalued, as illustrated by its low P/E ratio of 14.9x, which is relatively below the consumer staples P/E ratio of 27.31x, hence it is cheaply available for investors to buy the stock. Consequently, it implies that InnovaDerma is trading at a discount with respect to its peers and is likely to soar since its P/B stood at 2.34x.

Brief Analysis:

P/E = 14.9, below sector benchmark.
P/B = 2.34, above industry threshold.
Net cash of £1.33m, higher than prior year....

...from WealthOracle
Posted at 07/4/2022 16:54 by parsons4
Well the non-exec director of BAR has purchased 300,000 shares for £233,250 in BAR of course.. At the current share price the bid is worth about 36p. Another Director also bought 50000 shares a few days ago. I think a top-up of IDP is worth while here. It seems the new entity might be going places IMHO
Posted at 01/4/2022 18:20 by arthur_lame_stocks
BAR is listed on AIM and no it doesn't pay a dividend currently.
Posted at 01/4/2022 18:04 by ali47fish
is bar listed on aim and do they pay a dividend? anyone
Posted at 01/4/2022 16:48 by se81
yes very surprised the IDP board recommended this offer when they'll be stuck with large shareholdings in the equally illiquid BAR and (on the face of it) won't have a say in how the company is run. Suppose the suspicion is IDP will run out of cash again....and BAR have loads
Posted at 31/3/2022 16:07 by lord loads of lolly
Not with BAR shareholders it isn't. And presumably not with Mark Ward either, given the huge stake he built in IDP at prices far higher than today's.
Posted at 29/3/2022 16:05 by shandypants2
Don't think H1 will give much good news - but hoping H2 progress can be shown e.g. Jan to Feb revs x% above 2021 etc. In H1 2020/21 IDP lost £1m and for 2021/22 we know revenue has dropped from £4.1m to £3.7m so the only question is how big is the lost. If marketing spend has been reduced (was £1.6m in H1 20/21) hopefully the loss will be much lower. Cash will also be important as IDP need to stop burning through it as they have done over the last few years. Broker has £12m rev for YE 30/6/22 so we need over £8m rev in H2. A big ask IMHO
Posted at 07/1/2022 10:47 by jam4u2
Liberty Poole:

- is signed to promote SkinnyTan
- has 1.5m Insta followers
- in Dancing on Ice - starts 14th Jan thru to Mar

IDP:
- have New products coming
- Peak tanning season starts in Mar

Smart move by IDP to marry Liberty Poole promo to Skinny Tan and target the new younger age group too.

IDP MCap is £11m, with revs of £10m expected and for that £10 revs to now turn profitable.
Posted at 05/1/2022 09:19 by gregpeck7
Its always a VERY good sign when the muppet brigade arrive.. I do love the "factual ramping" accusation.

Have you ever been near NCYT, MTRO, GKP threads? Its sometimes 100 posts a day of "ramping"..

Yes I am bullish here, but a few posts a day - sometimes none.. If that is literally the best criticism you can come up with.

I know how to value brands, and I look for undervalued companies - people can disagree on levels of valuation - that's what is called a market, but I will try and explain the basics to you.

You cannot value "a brand" based on just a P/E. There are a lot of costs to setting up and establishing a "well known" brand... You cannot just transplant knowledge of a product into the general population via some sort of cost free method. Yes some brands go beserk and that is great but generally speaking you build a brand over time, using a combination of capital, time and commitment. Clearly you also need a relevant and attractive product.

Now IDP have for me a great "brand", and great product, but in recent years the focus has more been on the chairman sorting himself out and the business has been a side issue, he just wanted the best possible return. But the brand investment did continue. If you look at the marketing spend IDP have made over the last 5 years what would it be? 10 , 20m? Thats all brand investment.

Skinny Tan is now a highly recognised brand, and that is getting stronger. Those are sunk costs but they are building a product and a brand, that will be very attractive to a number of suitors or clients (IMO)

The problem for IDP and to maintain the brand value, they basically need the brand to cover the costs of the business for me. The reason the shares went so low is because a cash raise (placing) was required. If they can make the brand self sustainable - which I am very confident they can, then the brand becomes worth multiples of the market cap. Whilst the brand is still growing and requiring capital input greater than the business have, it will be vulnerable to low ball takeout activity.

Growing a business to this "next level" and then getting the 30 - 40 p/e in place is the phase we are now in. The mgmt need to show they are on a net profit / flat trajectory and that the business is sustainable - I believe this is being demonstrated. The market is waking up to this, and I am telling you, it will wake up to the fact that this is worth a lot of money right here...

I use the THG Beauty example a lot because I think it is a good fit, but (for me) THG buy this and they push sales up minimum x 10, they drive down costs and they turbo charge the marketing and they have a super product on their hands.

This is all about building a great product that someone eles can take to the next level. I say THG but there is any other amount of companies that could do this.. IDP then create another superstar offering. Or they get taken out completely and make products for the new incumbent. Either way we as shareholders are sorted.
Posted at 03/1/2022 22:07 by gregpeck7
So we move into 2022, why should we be buying into this story?

1. HC is gone - we now have a board / non exec board who are accumulating and buying shares and not selling.

2. Skinny Tan is a fantastically successful brand and the "jewel" in the crown. Personally I would value it at between 30 and 40m (now)

3. IDP is going neutral / net profitable next year.. We wont see more raises. This company will not be acquired on the cheap.

4. Predators are circling. We know Creightons want this (even if their approach was rebuffed). Personally I think the fit here with THG and the Nasdaq listing this year (rumoured) of their beauty division, this would be an ideal value add to that segment.. And they have around a billion in the bank to spend.. Plenty of other suitors out there though.

5. This is priced to fail still (not succeed) the market cap of around 10m is utterly ridiculous and in no way reflects the value of their brands, or their future prospects. This is a multi bagger for sure.

6. Stock will be tight. The main players here know the cats coming out the bag, the turnaround is on, they are loading up (Mark for one).. There simply are not that many shares to go around. And unlike the HC days, there is no leaky chairman... How frequently recently has it been impossible to even buy 10,000 shares!?

7. The business is now run by business people. I think this is self explanatory. Margin is being put front and centre and rightly so. This is a premium product stable and offers pricing needs to be "right"...

8. Prolong is now being fast tracked via a dedicated team with IDP on a free carry. This product still has tremendous potential but was never a natural fit for IDP, but this does not mean they cannot greatly benefit from it being a runaway success elsewhere.. This space needs to be watched.

9. Amazon Prime (Amazon fulfilled) distribution network established and running well (making a material impact as per latest IDP commentary). How many of us now use Amazon as the "go to" platform.. IDP leveraging Amazons distribution might is the right thing to do and will only lead to bigger and better things..

Finally 10... Getting relevant celebrity influencers onboard. Liberty is just on the money as the ideal person to push this forward at scale. This is a 10 / 10 appointment. I cannot wait to see how much stock this link up shifts, but for me its going to be a large amount.

In summary they know what they are doing and the turnaround is in play. We should all be loading up here hard... I think triple digit share price will be back very, very soon.

Happy new year all!

GP

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