Applied Nutrition Share Discussion Threads

[the white house] 22/11/2024 09:00

23 days ago the product I wanted was out of stock. I have not had an email saying available and is still listed as out of stock. Good news to bad news???

[grabster] 21/11/2024 18:28

Coleen Rooney, I'm told, has already mentioned her use of collagen supplements, on the current 'I'm-A-Celebrity ..' tv show - though obviously not the brand name in that context.

[grabster] 21/11/2024 17:58

Stockmarket rival THG is in longrunning decline but has paused today.
THG now £525m cap vs APN at £325m cap.

[grabster] 12/11/2024 08:31

A slightly laddish "Hey look at us, up here on the stockmarket" article from local rag 3 days ago:

Nothing new in it. Except I didn't realise the brand name existed before Ryder came along.

Meanwhile brand ambassador Coleen Rooney flies to Australia today for the filming of I'm-A-Celeb. A programme I don't watch but will bump up her ratings I guess when it goes out. Especially if she wins it. (Goes live Nov 17 to Dec 8). Her tv ad campaign for Applied Nutrition follows in January.

[spob] 05/11/2024 08:18

.


Floated 140p, Nos 250m, Mcap 350m, Date: 24 Oct 2024

As of 31 July 24 - Net cash 18.7m, Net profit 18.6m, eps 7.4p, NAV 48m

Float p/e ratio = 18.8






1 month





Prospectus





Major shareholders on admission

Thomas Ryder (founder & Ceo) 30%
Steven Granite COO 5%
JD Sports 5%

[grabster] 30/10/2024 17:41

elbrus55 - thank you. I have amended post No.38 accordingly.

[elbrus55] 30/10/2024 17:19

I don't think APN is currently a consituent of any FTSE UK Index series.Based on current details, it would be expected to be added to the FTSE Small Cap (and All-Share) with effect from opening on 23 December 2024, with a decision about this announced after close on 4 December.

[grabster] 30/10/2024 11:03

Someone on another BB asked where the company ranks in size, and in what index.


Current share price at 140.75p places APN's market capitalisation around 393rd in FTSE rankings. I think.
So call it "top 400" (just).

Somewhere around 182p (say 30% up) would place it within reach of the FTSE-250
Somewhere around 222p (say 58% up) would see it automatically enter the FTSE-250.

Meanwhile it is within the FTSE-Smallcap index. (or is likely to be when the next index review occurs confirming status - see Post 39)
(part of the Main Market, not AIM) (AIM runs alongside main market, not beneath).

[the white house] 30/10/2024 10:17

Website headline says heavy demand causing delivery delays. Added

[mammyoko] 29/10/2024 10:25

Wrong thread - GOOD

[mammyoko] 29/10/2024 10:09

Indicative bid must be at or near 500p for the BoD to announce that they are even considering it. Otherwise they would have just sat on the approach as so many other companies do and then announced that they had rejected it as undervaluing the company's prospects.It's possible that Esyasoft could have been badly advised to submit an offer that had no likely prospect of being accepted by the BoD. Given that Dale was willing to pay 400p himself, it seems unlikely that he would accept anything under 500p (and probably more) to sell unless he wanted to move on.

Hence, this has the feel of two possibilities a) a badly advised non-credible approach certain to be rejected by both the BoD and Vincent at something under 400p or b) a knock-out bid at something considerably higher than 500p which has been pre-approved by Dale and which the BoD feel obliged to consider properly. Given that Esyasoft are a credible player looking to enter the UK market with buckets of cash behind them, it would seem that b) is the more likely option. Obviously, if it turns out to be a) then the price is likely too drop back to around 300p. But given the upside is 500p or better, the risk/reward looks quite good here for a share that has plenty of potential to grow anyway.

Hence, I am adding at the current level and will continue to hold in the absence of a credible bid.

There is always the possibility that a less than credible bid is backed up with a threat from Esyasoft that they will enter the market anyway and compete using their buckets of cash. But I don't see that as a particularly credible threat.

[grabster] 29/10/2024 08:17

"So far Applied Nutrition has racked up an impressive record: revenues have grown by around 4 times since 2021, and analysts at the broker Panmure Liberum think that sales could hit £100 million by the end of its next financial year." (The Times, today)

(I can't access the whole article at present. Paywall)

[grabster] 25/10/2024 17:02

Chart looks remarkably orderly in its neat little approach to its end-of-week 135p. Like it's been carefully parked there.

[muchodinero] 25/10/2024 16:04

120p once the shorts take it down..?

[davidtil] 25/10/2024 13:58

The shares have taken a dump !

[fionascott1234] 25/10/2024 09:56

Down 6%Who would have thought!

[eigthwonder] 25/10/2024 08:47

it undoubtedly was a long time in the planning and bought forward for tax purposes, but it still says to me that the IPO is more about maximising the price for the vendors to cash out now rather than a float which generates less money for the vendors in the short term but helps build the company over the medium to long term. Whatever the motives are, an IPO at an early discount is a psychological overhang which can persist for years; the brokers would know that and if they were really interested in the medium to long term they would have done the IPO much earlier or waited until after the Budget - there may even have been kudos for being the first out of the traps.

[grabster] 25/10/2024 08:39

eighthwonder - although the timing was reportedly brought forward to avoid the mooted cgt penalty, the ipo was presumably planned long before that became an issue.

[johndoe23] 25/10/2024 08:38

Rough calculations share price of 120-125p may be interesting...

[johndoe23] 25/10/2024 08:34

It is difficult to be positive about any IPO

[grabster] 25/10/2024 08:34

Thank you JD. So Pentland connection (distant though it is) is down to an irrelevant 2.75%.

[eigthwonder] 25/10/2024 08:31

The float was for the benefit of the vendors ahead of likely CGT change rather than for the benefit of the company and new shareholders. It's going to have to deliver big time to overcome that

[johndoe23] 25/10/2024 08:30

Yes from 30 to 5%

[grabster] 25/10/2024 08:29

Pentland Group indirectly held 17.6% of APN via its 55% ownership of JD Sports?
Or has JD stake in APN fallen via this ipo?