Innovaderma Share Discussion Threads

[larva] 18/1/2017 08:59

2017 stands to be
an exciting year
with new product
launches and
expansion of the
terrestrial and
online retail
network

[longshanks] 18/1/2017 08:57

Goboy1 - please don't take this the wrong way, but if you want to work on such a long timeline with IDP, why do you feel it necessary to write so frequently on this BB?

[larva] 18/1/2017 08:57

Skinny Tan is sold through a combination of direct online sales and retail

outlets. Skinny Tan, launched in Superdrug in February 2016, is now stocked

in UK stores nationwide and since achieved being the No.1 selling tanning

brand by revenue in July 2016. We understand Superdrug has significantly

increased the space available to Skinny Tan products in store commencing

from Feb many 2017. During FYJun16 other major retail deals included Olive

Young where Skinny Tan is now stocked across 700 stores in Korea, and

Chemist Warehouse in Australia which distributes the product across 320

stores. Over FY2016 the Skinny Tan brand has grown from 14 to 25 products,

with a strong emphasis on product development to increase shelf space and

cater for multiple international markets. Product development continues

with further Skinny Tan brand extensions expected to be rolled out soon.

[croasdalelfc] 18/1/2017 08:54

Negatives:Poor stock levels - many products sold outBest seller - tan and tone oil virtually sold out or not stocked globally Not a full rollout in USUS rollout is slow Not clear about revenues from Olive Young tie up in AsiaSuperdrug not stocking full range - need to get rid of Superdrug exclusivity and get the product in Boots as wellHeavy discounting Delivery issues over ChristmasNo forward guidance in TUNot even an inline statementLots of competitionPositives:Women like the product - my missus gave the thumbs up yesterdayRecent product expansion in SuperdrugMore shelf space in Superdrug from FebRecruitment of Superdrug bloke

[goboy1] 18/1/2017 08:53

I always said it is next year's revenue I am most interested in when the US sales have grown and they get the bigger payments from PROS for Asia and Russia. You either look ahead and buy in to the growth to come or try to find similar growth some other place.

[larva] 18/1/2017 08:53

45% upside

[equity growth] 18/1/2017 08:51

...on an eighteen month view.

[longshanks] 18/1/2017 08:43

TBH I don't think the recent share price movement has much to do with the TU.I agree that it was a surprisingly "low energy" TU - but it wouldn't be surprising to see some seasonal split in sales and for them to still meet/exceed FY targets of £6.6m revenue.The share price movements have more to do with the speculative nature of illiquid stocks. In this respect, I agree: the bulls just don't get it.

[bookbroker] 18/1/2017 08:41

You are not going to see hundred per cent growth in a stock like this, they do not have the scale, however if this has a future, then it will be a gradual process, £6mln sales pa. is ok at the current time, they were overvalued, it is looking better now, we have to assume this co. can grow, but there is always over-reaction to every word, the price will settle around here for now, there is no reason to believe they cannot continue to grow the business from here!

[shabi1] 18/1/2017 08:40

Incompetent bod, share holders hard earned money and they write up a half sided TU update.

[hottingup] 18/1/2017 08:30

Like for like revenues were up 80%. You would be hard pushed to find growth like that elsewhere.

[reallyrich] 18/1/2017 08:25

Has anyone had a look at their website? A limited amount of products with only the skinny tan offering something slightly different which as I pointed out before won't sell here in Asia.

Agreed Shabi pretty poor trading update!!

[ny boy] 18/1/2017 08:23

Can't see the urge to buy again yet, trading statement is out, no positive news to propel these higher in the short term and equities markets look like they will correct 5-10% this quarter, so I will sit on the fence for the short term, as bears will keep banging in shorts on any decent rises, until they are proved wrong.

[shabi1] 18/1/2017 08:21

Took a 5k lost and ran !!! If the bod cannot be bothered to write up a half decent TU to me is a clear message to get out and run !!

[longshanks] 18/1/2017 08:14

Not yet IMO. MM's will take this lower and take your money...watch this space.

[potential] 18/1/2017 08:14

R U N !!!!!!

[hottingup] 18/1/2017 08:01

Looking oversold.

[goboy1] 18/1/2017 00:47

And with most production moved to the UK in December 2016 they will now have a more efficient supply chain and improved margins.

[goboy1] 18/1/2017 00:39

At least the demand is there for their products and growing. Presumably as the last placing in December was to ensure they have enough stock to help meet increasing demand Jan to June 2017 they will now be able to meet that demand fully thus translating into continued sales growth.

[bad gateway] 18/1/2017 00:00

Dunno but a more pertinent way of asking that question might be how much product did they manage to get onto the shelves? They were in the process of moving production to the UK and were giving supply chain management issues and strong demand as reasons for the recent placings.
Just how much stock did they have for their thousands of retail points up until Dec when the UK was supposed to help with these supply issues?

[allstar4eva] 17/1/2017 23:12

What was the like for like growth?

[bad gateway] 17/1/2017 23:07

I don't think it was a case that 80% growth was "bad news" myself more a case that the stock had shot from 50p to 250p+ in 4 weeks and those holding weren't going to miss taking their profits when the tanking began.
With everyone expecting 150%+ growth its no surprise. The UK's one tough market though. 80% growth go to the back of the class you bitter disappointment you!