Innovaderma Share Discussion Threads

[ny boy] 08/3/2018 16:41

Surprise surprise, market just above support, let’s see if it hold tomorrow

[ny boy] 08/3/2018 16:02

Support is at 123p, if that level holds I will add a few more to tuck away.

[dave4545] 08/3/2018 16:01

Getting a quote for 15k. Could be more but not got the funds to test it.

I think they have lost the support of a institution today, despite buying it's not touched the sides of the online offer then the price goes and dips even lower

[bad gateway] 08/3/2018 15:16

Pretty much at the bottom of the gap and obviously very oversold so had just a few. Not enough to break the bank if i'm wrong though.

[dave4545] 08/3/2018 15:12

Can buy size at the 135p bid price now so clearly there is a sell order in the system

[fillipe] 08/3/2018 15:03

Bid/Ask - a quite tight spread now, but lower at bests of 135p v 136p.

f

[silverfern] 08/3/2018 14:14

I think this is to get out of the SDrug deal. The outlook reported in H1 gave no £ figures , only said growth was planned. Still, I wouldn't touch this with a barge pole right now. There must be some very poor figures which they know cannot be remedied over the next four months sales to warrant the announcement.

[beetroot juice] 08/3/2018 14:06

Im thinking Similar.. However the RNS was pointless limited detail, yet if you look.

It highlighted two things.

1. Skinny tan and Roots sales Growing in all areas and platforms except not SuperDrug.

2. Other distributors eager to Sell Skinny Tan, Roots and Other Coming Products.

IDP knew it would hammer in the Short term the share price Why do it then?

Because IDP 18 months ago were grateful for Superdrug and gave exclusivity. This is now LIMITING. IDP need the Shackles removing from this tie.

What better Evidence to Show SD that it cannot continue?

None i would say. Telling SD they and their exclusivity are wrecking IDP=End of exclusivity. Superdrug are not going anywhere.
But imagine in 4 weeks if IDP tell us OHHHH Boots now stocking ST and Roots in all stores:)

[basem1] 08/3/2018 14:05

Lol, there'll be another 10% fall tomorrow and then it will be time to buy. Falling knife time today.

[molatovkid] 08/3/2018 13:54

I'm thinking this looks a bit engineered to get the price down....maybe some big buyers want in

[beetroot juice] 08/3/2018 13:48

So The Market has priced in a calamity. Yet sales are much higher than Last year, profits similar but the Company has invested much back into insuring a Great platform for the future is developing. These now are a Stronger buy than last year at 370p when all where in Cuckoo land.

370p now is a much stronger proposition. Last year over valued, now way under-valued. The market will find Balance this year for IDP. I am guessing around the 300p -400p mark..

[beetroot juice] 08/3/2018 13:45

Divine>>> Yes correct as far as i can tell. see Mr Choudrys Statement below.

"The Group expects revenues to be substantially higher than last year. The profit before tax is now expected to be similar to FY17 due to the significant investment made across the business over the last six months.

Haris Chaudhry, Executive Chairman said

"Whilst we expect our full year results to be below our earlier expectations, InnovaDerma continues to perform strongly and profitably. Our online engagement continues to grow daily which is driving revenue through to our DTC platforms. We are in discussions with several new retail distributors and product innovation remains on track. The business remains robust with several product and market launches expected in the coming months to generate further growth."

[beetroot juice] 08/3/2018 13:37

Toppped up with 10k more earlier.. Excellent Buying opportunity. Story just got better here...Excellent news today.

Even though it seems not..Very good stuff

[beetroot juice] 08/3/2018 13:35

The Fall is way over done here. New distributors will now be brought onboard, company is profitable and the SuperDrug Eclusive. Will be null and Void. if SD are not buying agreed quantities then IDP can rightly move into Boots.

This is a GodSend. I can see the Sp back over 250p by may.

[divinessence] 08/3/2018 13:28

LOTS of buys at this price. I can sell but difficult to buy 2000 shares

[haroldthegreat] 08/3/2018 12:37

Having an exclusive deal with one retailer is never a good idea. I am sure Superdrug buyers buy what they can sell.They are not stupid ! They are there to make their employers profit.
There is a product that will regrow hair and it is called regaine. It takes time and has to be used twice daily for men.once daily for women.the problem is when you stop using it the hair you have regrown falls out ,plus the hair that would have fallen out of you hadn't used it.
I have seen a patient who was bald regrow a full head of hair and I didn't recognize him.that was impressive.
I was grinding minoxidil tablets to make the lotion. Regaine wasn't on the market yet.
I heard the CEO present at proactive many months ago and was going to invest but then decided against it. Very lucky decision.

[eastbourne1982] 08/3/2018 12:35

Where is the queue ?

[divinessence] 08/3/2018 12:28

HC owns most of IDP, he can easily sell this company for a multiple price of the current SP, if he chooses to. He has great products, couple of eye catching world class brands. They will queue up to pay £50m I reckon. So I am holding on.

[eastbourne1982] 08/3/2018 12:22

They may not be able to afford to turn their computer back on !

[melf] 08/3/2018 12:10

I reckon this is a great opportunity for a contrarian now. Someone who is prepared to put their money down and turn off their computer for 3 years.

[ddubzy] 08/3/2018 11:46

Well done Egregore, your short must be looking good. Sometimes I wish I had a crystal ball, can I borrow yours?