Innovaderma Share Discussion Threads

[monkeywench1] 19/1/2017 07:10

Csm this has been one of the most ramped stocks on twitter...fact. I pity the fools that believe the rampers.

[hottingup] 19/1/2017 01:03

They did increase. Revenues were £3m for the 6 months to 31/12/2016 compared to £4.2m for the entire 12 months to 30/6/2016.

[boffster] 19/1/2017 00:18

I'd still like to know why revenues did not increase in the Jul-Dec period last year vs. the Jan-Jun period. You would have thought that they would have, given that the Superdrug rollout was completed in July, and you'd have thought we'd have seen some contribution from the GNC deal in the latter part of the year.

The only conclusion you can draw is that if UK revenue increased, this was totally offset by declines elsewhere.

[longshanks] 18/1/2017 17:08

Negative.

See this treading water at best - will probably drift down towards the last placing price (£1.20) and will swing between £1.30 and £1.40 until October news.

I think this BoD are dire and more suited to an AIM rampco than a full market listed company. Can't see any serious institution wanting to invest until there is a change in the NEDs and possibly even the CEO.

[csmwssk12hu] 18/1/2017 16:37

Monkey some of us have been here since 71p, some of us got in around £1 and some around £1.50, we have been here for months, don't think that qualifies as a ramper, and we are still here and will be for another year at least

[bad gateway] 18/1/2017 16:25

Thanks FDH good post. After the early exuberance shown here pre TU its the production side of the business i want to see clarified so any sign that they're on track to be able to supply all these retail points is worthy of posting imo.

[fardistanthills] 18/1/2017 16:12

Sorry to intrude with something a bit long winded.

Positive, but cautious here as my stock picking performance is patchy – it has been very wrong on several previous occasions!

The way I see it, everything indicates IDP’s natural products tanning line could be a company maker. With hopefully Leimo hair care to follow? It seems to me though that it will be some months, a year maybe, before the real potential of the Skinny Tan brand is seen. Which gives investors – those prepared to wait – their opportunity. Famous last words!

Everything points to a company in a big hurry, still getting its act together, not quite there yet - the fund raises late last year to build out distribution, the recent early stage TU, which to be fair, though a bit ambiguous, did start off with the statement “the Group's first half year financial performance has been encouraging” . Which seems to have been overlooked.

Then there’s the ‘best new product’ accolades the tanning brand is getting and the broadening range of Skinny Tan products, plus the very rapid sign up of ever more retail outlets and the US distribution build-up. Another positive is the recruitment of the Super Drug’s senior skin care buyer.

What clearly seems to have been holding things back though is product supply, with the worry that demand is not being met. Out of stock issues are certainly not good.

We are told this is being addressed. But a lot hinges on how quickly production of product destined for the UK and Europe is ramping up. They imply all is well and the action they took last year to start making product in the UK will result in “positive financial benefits to take effect from H2 2017” i.e. the six months starting now.

Just how positive will depend on not just how much but also how easily product capacity can be made available by their appointed Thetford manufacturer Prestige Personal Care Ltd (HMC Health & Beauty).

I don’t know whether anyone else has looked into their record but it is rather interesting. A sample:







Key from all this is that trading at HMC Health & Beauty suffered badly following the loss of a major customer in 2013. Trading became increasingly difficult and the Thetford business was ultimately taken over in a prepack deal in May 2016 by a new entity, Prestige Personal Care Ltd.

I presume that when InnovaDerma sought to enter into a production contract with Prestige Personal Care, one of the attractions would have been the significant production capacity released in 2013 when HMC lost their substantial customer.

And just as likely, a big attraction for those behind Prestige Personal Care in taking on the Thetford factory was that Innova were seeking an experienced supplier with lots of spare capacity.

A win win situation. It would be interesting to know who put who in touch and how. No matter.

It just makes me wonder whether IDP has at Thetford a very satisfactory solution - capacity in waiting, to fulfil it’s out of stock problems.

DYOR, FDH

[monkeywench1] 18/1/2017 16:00

Lol don't get taken in by rampers..look what happened here.

[onedayrodders] 18/1/2017 15:57

O/T ..breakout at OPTI, awesome appointment RNS today suggest future looks good.
mass markets, breakthrough science.

[csmwssk12hu] 18/1/2017 15:00

Well I look at that as good, tells me most likely thing is some good news, big jump, big pile back in, quite happy to sit tight and hold yes they have fell back, the figures where fine, maybe for the moment they got ahead of themselves but long term these will rise imho give me the chance to buy more I thought I wouldn't ever have so next time they rise im in bigger, still think these will be bought out by a bigger player and if recent takeovers are anything to go by these will be £50m plus right now and alot more in 1-2 years time all imho dyor

[che7win] 18/1/2017 14:33

We're all afraid to.

[susiebe] 18/1/2017 14:24

I don't think remarkomsoc understood the question!

[csmwssk12hu] 18/1/2017 14:18

So nobody said negative

[luminoso] 18/1/2017 14:18

ok, thanks.

[bad gateway] 18/1/2017 13:37

Theres not much to post (that I can see) luminoso, a poster by the handle of jam4u has posted that
"RE: Great Prospects
Today 12:47
Investment Lady, I have followed up on that agreement and it was a heads of agreement that wasnt followed through - it was agreed prior to listing and the Co. havent taken it down yet. But the relationship does exist and Olive & Young are now distributing the products in 600 of stores."

Good to see the share price holding a bit firmer today, may get a bottom in yet.

[luminoso] 18/1/2017 13:26

Can you post details, boffster ?

[boffster] 18/1/2017 13:23

Confirmation from the LSE forum that the PROS deal is bunkem

[luminoso] 18/1/2017 13:06

There's nothing fickle to reacting to a trading statement which did not support the meteoric rise that preceded it. Circumspect, maybe, not fickle.
I would hope that an announcement re a placing comes soon to show that the huge potential growth of this company can be funded. Far from being a negative, I think it would be a positive development, even for current holders.

[che7win] 18/1/2017 13:02

Goboy, I never at any stage bought above 146.5p, why would you expect me to do so now on the back of a bad statement?Incredible.

[luminoso] 18/1/2017 13:02

And from the header here ? I seem to remember a quote about the PROS deal in a banner heading soemwhere. the details are still there in the smaller print.

[boffster] 18/1/2017 12:58

Reference to the PROS deal mysteriously removed from the Investor Relations section on the Innovaderma website. What is going on?!

[doc robinson] 18/1/2017 12:58

Well overdone reaction to TU news on several fronts to follow shortly would be good if GNC extends into other stores!

[andyr42] 18/1/2017 12:55

Fickle minds who are not prepared to be patient and have no understanding of how business works. Just want to grab quick money and run and deride a perfectly viable business which has much potential. On yer bike!

[goboy1] 18/1/2017 12:30

che7win
6 Jan '17 - 16:02 - 1030 of 2119 0 0
More shelf space will allow more products, so Feb. on should help further boost sales along with the new appointment.

To be frank, I think they could have sold a lot more product if they had had the production capacity in place. They probably peeved off a few customers in the process, but the product itself will sell through repeat orders and production capacity they say is resolved.


mad foetus
6 Jan '17 - 16:33 - 1044 of 2119 1 0
Let's face if if the hair loss product works this is a multi billion pound business. Skinny tan itself is worth multiples of today's SP, but if the hair loss remedy works it could 100 bag from here.