Brand Architekts Share Discussion Threads

[dipike] 03/5/2022 12:33

They are paying 6x Nav for that small suncream and novelty goods business - madness!

[arthur_lame_stocks] 27/4/2022 19:35

Is project 50 where you buy shares in Brand Architekts and promptly lose 50% of your money?

[dipike] 04/4/2022 17:53

Come on Team Soros - get stuck in

[baner] 04/4/2022 10:04

Complete incompetence - look at their competitors, making excellent returns! There are no excuses and this proposed merger of two failures should be stopped and Brand A given a new BOD with appropriate skills. Time for Soros to take some action here.

[diku] 03/4/2022 09:27

Like saying 2 wrongs don't make a right...maybe they have hatched a plan...




dipike31 Mar '22 - 19:02 - 72 of 75
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I agree. How can 2 loss makers merge for a planned profit when prior financial estimates of cost and margins have been nonsense. Looks like 2 failures rolling up into one big one. A total chenge of BOD is required, not just the Chairman. BAR should be turning a decent profit by now and I'm very disappointed.

[pldazzle] 01/4/2022 18:53

Note 26 to I'derma's 2021 accounts reads:
"The Group operates defined contribution retirement benefit schemes for all employees. The charge for the year relating to the Group defined contribution schemes was £111k (2020: £124k). Contributions of £15k remained unpaid as at 30 June 2021 (2020: £4k)."

[dipike] 01/4/2022 12:41

My plan is to block the merger - if there was a complete change in BOD to go with it, maybe. However, the new company will be run by a BOD that has comprehensively and repeatedly demonstrated failure to deliver. I have not had time to examine the Innovaderma pension liabilities - has anyone got a fact based comment on that?

[topvest] 31/3/2022 19:09

For once, Western Selection plc made the right decision and exited this about a year ago. I've taken off my watch list. Looks one to avoid.

[dipike] 31/3/2022 19:02

I agree. How can 2 loss makers merge for a planned profit when prior financial estimates of cost and margins have been nonsense. Looks like 2 failures rolling up into one big one. A total chenge of BOD is required, not just the Chairman. BAR should be turning a decent profit by now and I'm very disappointed.

[baner] 31/3/2022 13:59

having looked into this more, i believe shareholders should block the proposed "merger". it is time to throw out the chairman and replace him with someone who understand this trade better - he is an excellent industrialist but that is very different from selling cosmetics. the Soros camp must be rather upset with events, they have paid nearer to 200p for their shares some years ago.

[kinwah] 31/3/2022 08:38

I can't knock the deal as I suggested it in the opening post on the previous thread. As baner says poor management of both companies has been the problem. In theory the merger is an opportunity to keep the best bits of both companies and jettison the distractions. The pension fund liability is a regular cash outflow but doesn't stop BAR expanding by acquisition às we've seen today. We just need to get into the virtuous circle of having a rising shareprice to make good acquisitions easier to make.

[baner] 31/3/2022 08:24

Arthur - this is tons of egg in the face of the BOD with Chairman McDowell. Absolutely terrible. I do not think the pension situation is as grave as you suggest, however the operations represent a total fiasco - which is only due to internal mistakes. These shares could well be 50p unless they quickly turn the operations around. Currently there are no signs this will happen.

[arthur_lame_stocks] 31/3/2022 07:34

Taking over Innovaderma eh? Two loss making companies and a pile of cash earmarked for the pension fund. Is it worth it?

[dipike] 24/3/2022 23:53

I think the late interims will be because they are strategising on how to shake off the strangulation effect of that massive pension liability. If they can't get a solution, I think a downward spiral will happen and it will just become a pension with insufficient cash instead of a profitable plc. Bad news for share holders and those with big stakes in the pension fund such as former directors.

[arthur_lame_stocks] 23/3/2022 19:12

These are now trading at about the level of net cash and normally i'd buy some but when so much of that cash is earmarked for the pension fund I see no point buying.

They'll have to get cheaper before i'm interested again.

[dipike] 16/3/2022 10:55

Still no interim report for FY22 - and the Financial Calendar on its website is a year out of date. If they can't keep the basic investor info on their website up-to-date, it makes you wonder how they run the company internally. Late interims usually have bad news....

[jbarcroftr] 04/1/2022 13:40

Has this been tipped somewhere?
I imagine ST who tipped it originally might include it in his 2022 Bargain shares again
Must meet his Benjamin Graham margin of safety test

[baner] 15/11/2021 21:18

Exit the Chairman. He is an excellent industrialist but that is not what this company is about.

[dipike] 15/11/2021 14:08

A classic case of "jam tomorrow"

[dipike] 15/11/2021 10:18

To me, this is a pension fund with a B class toiletries shop attached. As said above, the cash will wither via inflation and losses. Shareholders would be better off getting their hands on the cash and making their own investment choices.

As for the "Project 50" - have they not heard the old saying "turnover is vanity, profit is sanity"? There is no explanation in the strategy about yielding an improved profit from such a modest (in cash terms for a plc) turnover increase.

Looking back at when it was SWL.L, there was a vanity top line objective of getting turnover to £100m some 25 years ago when JA Wardell was the CEO. He failed miserably at that silly strategy (cost him his job) - there is a de ja vu factor here.

We should also question why they ditched their manufacturing capability - undoubtedly this is because it was mismanaged and then taken under Mr How's control as CEO - but he had no manufacturing experience. He was in reality a good brand sales expert who's background was with big manufacturers who made margins out of making stuff and not just wholesale brand margins.

The net result is a watered down wanna-be mangement team who are burying their head in the sand whilst their contract manufacturing suppliers cream off the better margins.

[dgwinterbottom] 14/10/2021 07:48

Anyone any thoughts as to why the share price has declined, nothing appears to indicate any issues.

[baner] 12/10/2021 13:30

you are absolutely right - they all share the responsibility for the lack of progress.

[dgwinterbottom] 06/10/2021 07:06

I cannot agree given the company is having to start again from scratch, if there is no progress in 12 months time then yes there may be a case. However that may apply just as much to the Board generally as to the Chairman himself.

[baner] 05/10/2021 22:34

Lack of progress - as simple as that.