Innovaderma Share Discussion Threads

[larva] 04/4/2017 08:24

Back in these

[nw99] 04/4/2017 08:04

Fund managers had a good chance to look at it last night , expect to see institutional buyers coming in

[king kong dong] 04/4/2017 08:02

rubber....good point. Rocket fuel if that happens

[mad foetus] 04/4/2017 07:55

I'm not sure if LM is saying it will go to 470p or £9+ but he is a "respected poster" and it does sound about right.

[rubberbullets] 04/4/2017 07:43

Waiting for the launch of the cosmetics products. Wont surprise if they also go into Superdrug.
Then what will the share price be? My guess is 300p

[nw99] 04/4/2017 07:40

A close above 165 will lead to open skies to 250

[2prsimo] 04/4/2017 07:36

Why didn't they put out any numbers in the RNS yesterday?

[doc robinson] 04/4/2017 07:20

Very few shares available and therefore any sustained buying will push this much higher.

[rubberbullets] 04/4/2017 07:14

Roll on 250p i say

[luckymouse] 03/4/2017 22:37

You can - there's the initial traders range of fibs - then if the news & numbers keep rising strongly & it goes beyond 100%, you can bootstrap the fibs to create subsequent investors ranges of fibs - if it turns out to be a genuine Stage Analysis phase one hottie that is. Note how the traders took it to 50% then bailed previously as wasn't in profit yet. A much stronger result and it will run to 100%. Obviously it would be handy if it brakes the very first level of the first range :) The market wants to see the numbers, a swings to profit, & fat %s.

free stock charts from uk.advfn.com

[ny boy] 03/4/2017 22:32

That chart confirms more or less the importance of 165p resistance, a solid break should take it to 200p as an initial target.

[dibbs] 03/4/2017 22:32

Croasdalelfc mentioned the Stockopedia piece earlier. Covered by Graham Neary, In the Small Cap Value Report which is free to sign up for and well worth reading IMHO. Thought it worth posting below

This owner of four cosmetics brands informs us that H1 revenue growth has "significantly accelerated" into H2, and the company has just recorded its highest-ever quarterly revenues.

Skinny Tan is leading the charge:

"The strong performance has been driven by the Company's Direct to Consumer ('DTC') digital channel which is performing exceptionally well compared to the same period in the previous year. Skinny Tan's performance in Superdrug has been outstanding and the Board is very pleased to announce the brand has become the No.1 selling brand in Superdrug by revenue in its category for 2017, despite only being granted
increased shelf space from mid-February onwards."

This is another recent IPO (September 2016) and so it needs to be treated with that bit of extra caution compared to seasoned shares.

That said, I don't consider it to be one of those "blue sky" shares which so often find a home on the stock market. It generated a healthy 58% gross margin on £3.2 million of sales in H1.

While that failed to pay for the company's administrative costs and a small loss of £150k was generated, the sales growth trajectory suggests to me that this is definitely worth looking at in closer detail.

[boffster] 03/4/2017 22:13

You can't apply charting techniques to such an event-driven stock as this. Except, perhaps in the very short term.

[doc robinson] 03/4/2017 21:53

Note the professional range and the 300 recruits made in march to help promote

[luckymouse] 03/4/2017 21:35

Agree - his TA is simplistic - target is higher & has to break there for conf - OBV needs to get stronger for a mass pile in. The T/U is highly optimistic tho - shame no numbers? I was concerned with the Superdrug shelf space expanding thing - retailers are brutal and shift that around all the time to max revenue - so can come and go - but the direct to consumer thing looks good - whatever that is - internet ads? Could be a goer as swings to profit looks likely - needs to swing in size tho to really fly - hence the need for the numbers. LM

[bigfrocks] 03/4/2017 21:24

Think ull be waiting a while for 140 darren p, surely underpinned now

[darrenp746] 03/4/2017 21:18

Mir is famous for getting stuff wrong. I'm waiting for less than 140, but am sure will go higher after many ups and downs

[croasdalelfc] 03/4/2017 21:00

Small write up on stockipedia saying IDP worth taking a closer look

[arnu gutierrez] 03/4/2017 19:57

Watch InnovaDerma (IDP) closely on new e-tailer distribution deals for its products

[the macallan] 03/4/2017 19:25

Don't know who Mir is but the target price is much higher than 250p as far as I am concerned.

[larva] 03/4/2017 18:33

IDP


Zak Mir: ‘InnovaDerma on its way to 250p’

Technical analyst Zak Mir is tipping the Innovaderma PLC (LON:IDP) share price to build on this morning’s sharp rise and hit 250p before June.

“[We’ve had] one of the better technical triggers here with a gap through the 50-day moving average today at 134p which has been resistance for the last couple of months,” explains Mir in the latest Proactive Investors Bulletin Board.

“While we hold above that level, we’re looking for a retest of the best levels of the year at 250p plus over the next four to six weeks.”

[connor23] 03/4/2017 18:14

Nice finish today and even a small mention in the Evening Standard. Hopefully we will continue to get some more positive press in the next few days.

[nw99] 03/4/2017 17:31

Nice trading today , another good move tmrw and charts points to very high levels