Innovaderma Share Discussion Threads

[connor23] 20/3/2018 10:45

SP destined to drift further down I fear until news arrives or management can offer some clearer guidance on revenue. I don't think these should be valued at less than they were 12 months ago, but I can understand it... We should be heading into the peak tanning season shortly and looking forward to new product launches. Hopefully a period of positive newsflow awaits! We may look back at this price as a bargain, but that will require distribution deals to be signed for next FY. Fingers crossed management will deliver.

[molatovkid] 20/3/2018 10:39

Panic sets in!

Keep a cool head....this business is doing fine.

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."

[quant_investor] 20/3/2018 10:23

I’ve been calling out the risks on here for a while. If I’ve helped save any PIs a bob or two it was time well spent.

GLA

[anony mous] 20/3/2018 10:05

Looks like some more bad news on way.As said HC gotta go.Time for a change.My buys at 2.00 and 3.00 nursing big losses.At this rate we will be sub 50p.We need product updates pronto.

[teddy boy1] 19/3/2018 19:13

Patience is required here but in the meantime expect the share price to be "played around with"

[stimulationengineer] 19/3/2018 14:02

Yes. I seem to lose less shares compared to doing it myself. Might be a misconception though.

[ali47fish] 19/3/2018 13:44

stimultion- i am in the same position- do you intend to use bed and isa then?

[stimulationengineer] 19/3/2018 10:35

Bit early in the company's life to be baying for blood. I'm happy for no news till after I've got the remains of my trading account into my ISA one.

[anony mous] 19/3/2018 10:16

Keeps dripping.If we dont get the newsflow of new product launches then HC has to go.Not impressed.These look heading sub quid.

[ihatemms] 15/3/2018 12:39

Melf - don't give up your day job! Lol (Hope you're well)

[melf] 15/3/2018 12:29

Yep....there was always going to be delay with Prolong :-)

[teddy boy1] 14/3/2018 10:53

I agree.! A tie-up with Boots U K will really be the icing on the cake. In fact, most investors are banking on it ! BRING IT ON !

[jam4u2] 13/3/2018 23:14

I have it on good ground that ProLong is on for Q2 ...

The real Q is can we get Boots on board (if SD exclusivity is up in August)?

[shandypants1] 13/3/2018 14:22

So the share price has taken yet another bashing after HC has reduced year end figures (which the market had already felt were too optimistic based on the fall since mid year results were announced).

So where do we go from here.

I agree with Jam that i think SD have played hardball with Stevie K - said they'd stock in but wanted more range. IDP went off developed more products and now SD want a further exclusivity extension.

I am still optimistic that year end revenue may be in the £12m range. Last H2 we had rev of £5.7m and we had £4.2 for H1 this year (so £9.9m in calendar year).

So just having flat H2 revenue will get us to £10m. I also assume that will be c60% via SD and 40% via DTC (was 50:50 but SD sales increased at a greater rate in 2017). So on an average month SD revenue for ST was £500k

Even if SD don't push ST going forward they are not going to turn down sales, especially while the exclusivity remains. even if ST sales remain flat at SD we also have Ireland sales and we have been told DTC continues to grow. We also now have Roots. Whilst no actual ££ revenue figures have been disclosed we were told Roots sold 50% of ST in early Feb.

That will equate to c£200k per month based on low ST month and it is growing each week. At a minimum Roots could generate £1m revenue in H2, possibly nearer £2m if weekly increase continues. So this could feel the gap in sales.

Going forward another UK tie up is a necessity and hopefully there is something in the offering here as we didn't want to continue with SD. HC needs to show us that he can get a big deal signed.

What happens to Stevie K now if the SD route is no longer an option? We probably have a fair bit of stock here too.

Prolong is the potential big earner for IDP and is ideal for DTC so let's hope HC gets this launched on time (hopefully April - May this year).

Hopefully a Boots tie up and a Prolong launch should get some confidence back in the share price

[quant_investor] 13/3/2018 11:56

It is often the case (but not always) that the share price action remains dull in the aftermath of a profit warning.

However positive news regarding ‘retail distributors’ might change that especially if there is news the SD exclusivity of ST will end in July rather thsn January as previously suggested.

[teddy boy1] 13/3/2018 09:53

This share is frustrating. Every time we get a nice little share price increase ,back down it goes again!

[jam4u2] 13/3/2018 08:08

SD.com have restocked on the intensive spray now.

[jam4u2] 13/3/2018 00:08

I should add, I reckon IDP will see £10m revs for this FY and that is largely taken account of in the share price IMO. If a new deal does get announced in coming weeks then that will provide a rocket under share price. If no deal is announced then I expect the share price to go towards £1.

In the meantime, we all have ProLong to come which should be launched in Q2 of this calendar year. This will no doubt help the share price too.

[jam4u2] 13/3/2018 00:05

This is the BIG risk here now ... Can IDP get a new distribution deal set up. I suspect they can get that deal with Boots, given BootsUK were very keen before, and I suspect the reason IDP didnt give extended exclusivity to SD is that they wanted to go after other deals like Boots.

I also suspect we will now see a drop in sales at SD.com and there maybe a follow on effect in Roots as they are now running out of stock of Roots items - hopefully this is just SD being inefficient at re-stocking which they have proven to be all year. SD.com have currently run out of coloured shampoo and the intensive spray (Intensive spray is the best seller). Roots really is going very well by the looks of it. Lets hope we start seeing stock levels back there.

But, for me now down to new distribution deal for SkinnyTan.