Watkin Jones Share Discussion Threads

[spellbrook] 09/2/2017 21:38

Someone has certainly been having some large chunks.....

[gswredland] 09/2/2017 21:05

Just thought they may be STARTING to build a stake..
Got me thinking

[spellbrook] 09/2/2017 19:58

If the Buying continues tomorrow we could hit the £1.50

[melody9999] 09/2/2017 19:55

Opodio - I just spotted this on the VANL thread as well. You're filtered!

[opodio] 09/2/2017 19:36

IDP


Nothing skinny about InnovaDerma's "spectacular" revenue growth driven by Superdrug push
Share
09:28 09 Feb 2017
The Skinny Tan firm said revenues jumped 125.5% to £3.187mln in the six months to December 31 driven by a successful penetration of the UK market.
Body tanning
InnovaDerma said Superdrug increased shelf space for Skinny Tan on average by a factor of four since January 2016
Shares in Skinny Tan firm InnovaDerma PLC (LON:IDP) jumped higher this morning after the self-tanning and skin and hair rejuvenation group said its first-half revenues soared by over 125% and that the second-half has seen a “very strong start”.

The firm said group revenues jumped to £3.187mln in the six months to December 31, up from £1.414mln at the same stage in 2015, driven by a successful penetration of the UK market through Superdrug and direct-to-consumer sales.

InnovaDerma - which moved production to the UK from Australia during the period to improve its supply chain – said gross profits increased by 131% to £1.837mn.

However, the group’s pretax loss rose to £0.154mln, up from £0.004mln, as a result of one-off exceptional listing costs and the strategic initiatives to expand the business.

Superdrug boost …

InnovaDerma said: “Superdrug has increased shelf space for Skinny Tan on average by a factor of four since January 2016, which has increased its visibility in their stores and enhanced the performance of the UK business.”

The group also said the Skinny Tan brand had been extended to 33 products, up from 25 previously, to take advantage of the brand's growing popularity.

The firm also said it had made a “very strong start to the second half of the year with January 2017 delivering the highest ever monthly sales in what is considered to be the slowest month in the self-tanning industry.”

InnovaDerma added that its US performance is in line with expectations after launching in November 2016, with the group securing opening orders for Skinny Tan from Harmon Retail Chain - a subsidiary of Bed Bath and Beyond Inc. (NASDAQ:BBBY).

In early morning trading, InnovaDerma shares were up 16.6%, or to 21.0p to 147.5p.

Spectacular growth …

Haris Chaudhry, InnovaDerma’s executive chairman said: "I am pleased with the sound structural changes made in the first half which has contributed to a strong start to the second half.

“We are confident in our immediate and long term prospects and of emerging as a fast-growing international business with a diverse portfolio in the beauty, cosmetics and personal care space.”

Broker Hybridan said: “InnovaDerma has booked H1 numbers showing spectacular growth.”

It added: “Plenty more to look forward to in H2. Improved supply chain should boost margins. Lots to come from new product roll outs and the US has started encouragingly.”;

[opodio] 09/2/2017 19:36

IDP


Nothing skinny about InnovaDerma's "spectacular" revenue growth driven by Superdrug push
Share
09:28 09 Feb 2017
The Skinny Tan firm said revenues jumped 125.5% to £3.187mln in the six months to December 31 driven by a successful penetration of the UK market.
Body tanning
InnovaDerma said Superdrug increased shelf space for Skinny Tan on average by a factor of four since January 2016
Shares in Skinny Tan firm InnovaDerma PLC (LON:IDP) jumped higher this morning after the self-tanning and skin and hair rejuvenation group said its first-half revenues soared by over 125% and that the second-half has seen a “very strong start”.

The firm said group revenues jumped to £3.187mln in the six months to December 31, up from £1.414mln at the same stage in 2015, driven by a successful penetration of the UK market through Superdrug and direct-to-consumer sales.

InnovaDerma - which moved production to the UK from Australia during the period to improve its supply chain – said gross profits increased by 131% to £1.837mn.

However, the group’s pretax loss rose to £0.154mln, up from £0.004mln, as a result of one-off exceptional listing costs and the strategic initiatives to expand the business.

Superdrug boost …

InnovaDerma said: “Superdrug has increased shelf space for Skinny Tan on average by a factor of four since January 2016, which has increased its visibility in their stores and enhanced the performance of the UK business.”

The group also said the Skinny Tan brand had been extended to 33 products, up from 25 previously, to take advantage of the brand's growing popularity.

The firm also said it had made a “very strong start to the second half of the year with January 2017 delivering the highest ever monthly sales in what is considered to be the slowest month in the self-tanning industry.”

InnovaDerma added that its US performance is in line with expectations after launching in November 2016, with the group securing opening orders for Skinny Tan from Harmon Retail Chain - a subsidiary of Bed Bath and Beyond Inc. (NASDAQ:BBBY).

In early morning trading, InnovaDerma shares were up 16.6%, or to 21.0p to 147.5p.

Spectacular growth …

Haris Chaudhry, InnovaDerma’s executive chairman said: "I am pleased with the sound structural changes made in the first half which has contributed to a strong start to the second half.

“We are confident in our immediate and long term prospects and of emerging as a fast-growing international business with a diverse portfolio in the beauty, cosmetics and personal care space.”

Broker Hybridan said: “InnovaDerma has booked H1 numbers showing spectacular growth.”

It added: “Plenty more to look forward to in H2. Improved supply chain should boost margins. Lots to come from new product roll outs and the US has started encouragingly.”;

[janekane] 09/2/2017 18:42

What becouse of a small buy 268.000 you are joking
Aren't you ????

[gswredland] 09/2/2017 17:15

Interesting
I wonder if there could be a bid for the company?

[spellbrook] 09/2/2017 15:57

268,000 buy at £1.45...hmmmmmmmmmmmm

[spellbrook] 09/2/2017 15:14

Volumes have certainly picked up on WJG..........

[janekane] 09/2/2017 07:24

I agree £2 + is a target for my investment

[brentpease] 08/2/2017 21:45

oxman,

£1.60 is only a short term target, next year £2+

[spellbrook] 08/2/2017 15:30

and now a 150k & 200k buys at £1.45 ???????????

[spellbrook] 08/2/2017 15:25

the full price 140k buy at £1.40 showed confidence and looking for the next dividend...

[jon123] 08/2/2017 15:25

get a new crystal ball lol or ask mystic meg

[shaker44] 08/2/2017 15:21

Which means?

[skinny] 08/2/2017 15:04

Bullish engulfing candle as it stands.

[its the oxman] 08/2/2017 14:59

All good, reckon if could go much higher than 160p by year end if co continues to deliver and gets a deserved rerating.

[skinny] 08/2/2017 14:03

A new high @144.00p

[spellbrook] 08/2/2017 14:02

Lots more investors starting to understand this business

[rivaldo] 08/2/2017 13:36

Great to see the price up to 141p. On decent volumes again too.

[brentpease] 08/2/2017 11:47

More buying today, should mop up those that want out at £1.40 then onwards to £1.60

[spellbrook] 08/2/2017 10:05

Can we break through the £1.40 this week ???

20 days to next DIVIDEND....