Innovaderma Share Discussion Threads

[lord loads of lolly] 02/6/2021 15:02

Yup. 58p at today's CRL price. But Creighton's Feb 2021 offer was presumably rejected on the basis it undervalued IDP's longer term prospects. And 3 or 4 months doesn't equal long term. That doesn't necessarily mean IDP management was right to reject it. Just that it's too early to tell.

[doc robinson] 02/6/2021 10:04

Offer from Creightons would now be just under 60 p !!!

[doc robinson] 27/5/2021 15:50

Ready for take off , buyers at 36 p would have been a bargain a year ago !!

[kazoom] 22/5/2021 20:12

Sh1t happens vk. I got out in Jan for a 28% loss which was quite painful. All in all though I am happy that I acted decisively and promptly then. I think we need to take the lessons from such painful loses. I still believe my original investment hypothesis broadly stands and might buy back on signs of positivity. However, the liquidity problem announced in Jan was I think a clear sell signal and I don't just say that because the subsequent price action has "proved me right". There was a risk injected that could have been worse than has actually happened, could have been better too of course - but you had to be seriously optimistic to stake too much on that. I've learnt that I can "love" a company and its prospects, but not like the risk vs. reward of owning the shares at a particular time.

[value king] 22/5/2021 15:17

I have been stopped out, a painful journey having bought at the highs

[gleach23] 21/5/2021 20:13

220k trade reported after the bell. Hopefully will help clear the path for a run back up over 40p

[lord loads of lolly] 21/5/2021 19:24

gleach23 - many thanks for clarifying. I wasn’t familiar with that term. In my book, slamming something always implies negativity. Guess I need to read up on modern slang! Thanks again.

[gleach23] 21/5/2021 11:58

lord loads...I would imagine it merely means IDP was presented as part of the Stock Slam event. Damian Cannon's intro explains what the slam is about - it's a presentation of a stock idea by an existing holder who is obviously more likely to highly rate it than 'slam' it but the presentation was very measured imo.

[lord loads of lolly] 21/5/2021 11:49

tomps2 - when you say "slammed", I presume you mean "highly rated". I'd encourage others to listen to the interview and they'll soon see what I mean.

[doc robinson] 21/5/2021 11:02

Seems the company with new management is just turning the corner usually a good time to invest . it may still be snapped up by one of its peers.

[kemche] 21/5/2021 10:35

A fair summary there Tom.

[tomps2] 21/5/2021 09:47

Innovaderma (IDP) was ‘slammed’ by Francis Evans in the Stockopedia/piworld Stockslam held on Wednesday 19th May. Listen to Francis' pitch at 31m33s Video: Https://www.piworld.co.uk/2021/05/21/stockopedia-piworld-virtual-stockslam-may-2021-hosted-by-damian-cannon/ Podcast: Https://www.podbean.com/ew/pb-6p54i-1041af0

[lord loads of lolly] 07/5/2021 15:48

brumm1875 - Yes, things certainly look promising, though we've been here before with IDP. Of your 5 points, I'd say D & E offer the most potential. Having turned down Creightons' offer out-of-hand, there's a lot now riding on management. And if they get it wrong, Creightons could well be back with an even cheekier low-ball offer. Only this time, management would be hard-pressed to dismiss it. Meaning shareholders would NOT be happy. But Mark Ward's background & experience look highly relevant. He has a track record of turning something small into something highly valuable, then flipping it. And he now owns by far the largest stake in IDP. I've also considerable respect for Octopus. And they recently upped their skin in the game very substantially here.

[brumm1875] 07/5/2021 14:32

I expect the shares to have a good run over the next few months. All stars are aligned. A) Very oversubscribed fund raise out of the way,B) UK lockdown lifting, C) Tanning season in full swing, D) New management with a lot to prove and E) Institutional shareholders building positions e.g. Octopus. Enjoy the ride!

[doc robinson] 07/5/2021 14:12

Looking strong in a much better financial position following the fund raising at 4.5 million timing good for lifting lockdown and at the same time peak tanning season . These will look cheap in the next few months ?

[donald pond] 05/5/2021 10:41

Social restrictions lifting but foreign holdings tricky, especially for the 16-35 cohort that won't be vaccinated but like a tan. Could be a good opportunity here

[brumm1875] 04/5/2021 14:09

I also took my share of the open offer and tried to buy some more in the excess offer but only received 13% of what I wanted so, in my case, big scale back. Seems to confirm the statement from the company which said that the offer was multiple time over subscribed. Looking forward to a good “tanning”; season ahead for Skinny Tan.

[kinwah] 04/5/2021 12:23

There was a little bit of interesting press after the PZ Cussons trading statement. The Times spoke to Jonathan Myers the PZ ceo. To quote, There was said to be "a real pick-up in demand" in its St Tropez self-tanning brand as socialising restrictions were being lifted. I'd expect Skinny Tan to be flying off the shelves this week. I stagged the open offer and topped up again this morning. The next trading update should be good.

[kemche] 29/4/2021 12:29

The Open Offer was significantly oversubscribed and the Directors will use their discretion to undertake an appropriate scaling back process.

[jg88721] 29/4/2021 09:48

that's not a trading update as it says NOTHING about current trading. just some general speculation/commentary about what might happen in future in the market.

[cockerhoop] 27/4/2021 16:31

Well the mk cap will grow by 50% (at the current price) to £11m when they've issued the new paper :-)

[doc robinson] 27/4/2021 15:06

Placing and open offer completes this week once out the way should move fast as stated only. 7 mil at current price

[doc robinson] 27/4/2021 10:06

Once placing and open offer complete successfully these should move strongly with new management at the helm . At 7 million market cap appears on the low side with some very strong brands. Good time to top up.?

[donald pond] 19/4/2021 20:11

Only £7m market cap so absolutely huge scope for growth and a board motivated to achieve it. Not one to bet the farm on but a very decent long shot imo