Innovaderma Share Discussion Threads

[applegarthlse] 11/8/2018 22:18

RAMPING PIG !!!!!!!!!!!!!!! UP YOURS !

[milliecusto] 11/8/2018 21:27

Just a wee refresher for you?InnovaDerma PLC Trading StatementSource: UK Regulatory (RNS & others)TIDMIDPRNS Number : 8200RInnovaDerma PLC19 June 2018LEI: 213800WRAP6W8VDL6B38InnovaDerma PLC("InnovaDerma" or the "Company")Trading UpdateRoots secures Boots and new international distribution dealsInnovaDerma (LSE: IDP), a UK developer of life sciences, beauty and personal care products, announces a trading update ahead of its year end close on 30 June 2018. Revenue for the period increased strongly by 23.5% on a constant currency basis to approximately GBP11m (FY2017: GBP8.9m). However, partly owing to the significant one-off investments made across the business in launching new brands in the last quarter including the launch of Prolong, stock availability issues for Roots, and lower than expected revenue out of the US in June, profit before tax will be approximately GBP0.65m, lower than previously expected. The Company's balance sheet remains strong with sufficient working capital to fund the anticipated growth of the business.As expected, InnovaDerma's performance was weighted towards the second half, and in May the Company achieved its highest ever monthly revenue, which contributed to the record quarterly revenue recorded in Q4. The rise in revenue has been driven by the Company's innovative Direct to Consumer ('DTC') digital channel that enables the business to leverage its creative social media campaigns and engage directly with consumers. The DTC platform has been further strengthened by recent product launches and, as a result, it delivered a record number of orders in the second half of the year alongside the successful launch of multiple new sub-brands of Skinny Tan.The demand for Roots has consistently outstripped supply in retail as a number of the brand's best-selling products were out of stock for significant periods throughout this HY contributing to lower revenue and profit. The Company has taken significant steps to resolve the supply chain and is adding new inventory to meet expected future demand from retailers including Boots, the UK's leading pharmacy-led health and beauty retailer. The Company is pleased to announce that Roots will be ranged initially in 359 of the largest of Boots' 2,500 stores from August. Additionally, Roots which is currently available in just over 500 of Superdrug's stores, will be ranged in all 779 stores from July reflecting the strength and performance of the brand. With the addition of new product lines, this will approximately double the retail shelf space within Superdrug stores. Securing Boots eliminates the dependence on a single retail chain and creates a significant footprint for the in-house developed brand, supporting future revenue growth.The business is growing rapidly across several continents with new distributors and retail partners (as outlined below) secured to range its expanding product portfolio. In order to manage the strong growth expected in FY2019, the Company is seeking to appoint a UK based Chief Executive Officer and has commenced the search process. Haris Chaudhry, will remain as Executive Chairman, and will focus on strengthening the Life Science Division with the planned launch of the hair loss helmet and expansion of Prolong into various markets globally. The new CEO will be responsible for the global performance of Skinny Tan (and its associated brands), Roots, Charles + Lee and StevieK Cosmetics. The Company will make a further announcement as and when appropriate.New Distribution DealsThe Company has secured multiple new international distribution deals across its product portfolio. These include:Europe-- Aspire Brands, a leading retail distribution business headquartered in Norway has executed a distribution agreement with the Company to supply Skinny Tan across its retail networks in Norway, Denmark, Sweden, Finland, Netherlands, Belgium and Luxembourg-- Douglas Beauty, one of the largest beauty retail chains with more than 1,900 stores throughout Germany and Europe, launched Skinny Tan online in May-- Skinny Tan is now available to buy online with Sephora France, as the Company has developed a new French DTC platform to replicate its UK success in creating product demand-- Captain-Tan, an online retail specialist for self-tanning products based in the Netherlands, has recently launched Skinny Tan-- Salons Direct, one of the largest distribution companies to professional salons in UK (with more than 50,000 trade customers) was secured, in June, as a new distribution channel to distribute Skinny Tan's Professional range into salons throughout the UKCanada-- In May, the Company secured Beler Brand Management, a leading beauty product distribution company in Canada as an exclusive distributor for Skinny Tan, Roots and Prolong This marks the Company's first entry into Canada and discussions are under way to launch these brands in the coming monthsAustralia and New Zealand-- Charles + Lee's product range has been further extended to incorporate a men's shaving range, oil-free moisturiser and after shave balm. CS & Co, a leading beauty product distributor in New Zealand has secured the launch of Charles & Lee in 65 independent pharmacies from August this year-- Myer, Australia's largest department store chain, will be extending Charles + Lee's ranging from the current 30 to 46 stores from July this year-- Terry White Chemmart, one of the largest pharmacy chains in Australia with over 500 stores, will also range Charles + Lee in August in approximately 250 stores -- Debenham Australia will range Skinny Tan and Charles + Lee online and in-store from August India, Japan and South Africa-- This month, the Company secured a distribution agreement with 1908 EVenture's, a subsidiary of the Indian conglomerate Ador Group, to market and distribute Prolong, Roots and Charles + Lee in one of the fastest growing consumer markets globally-- Dream Media LLC, a leading distributor for beauty and personal care products in Japan, has been secured to distribute Prolong and Skinny Tan products in the country from September 2018-- The Company has also launched Roots and Charles + Lee in South Africa through its South African distributor after the successful launch of Skinny Tan into Clicks and DisChem, the two leading retail chains in the countryThe Company remains focused on product innovation and brand extensions. With Skinny Tan, the Company successfully developed Bum Booster, Skin Blur range and the FACE by Skinny Tan range which has added to the fast-growing product portfolio, completing Skinny Tan's transition into a beauty brand from a bronzing-only brand. The Roots range of products now include Heat Protect Spray, Conditioning Spray and Conditioning Mask which were launched successfully in the last quarter of the FY. New category and new product developments are expected to be launched for both brands throughout FY19. Prolong is delivering consistent sales on the DTC channel since launch and the Company is exploring distribution opportunities for the product in multiple jurisdictions globally.As the Company expands the Skinny Tan and Roots range, together with a substantially wider distribution network, it gives the Board much confidence for the future. The Board expects 2019 to be a year of substantial revenue and profit growth as its key brands continue to flourish alongside new product launches, all underpinned by the strength of the DTC platform. The Company is still finalising budgets for 2019 and 2020, but expects FY19 revenues to be in excess of GBP14m with profit before tax in excess of GBP1.6m. The Company will announce its full year results on 19 September 2018.Haris Chaudhry, Executive Chairman said"We have delivered a strong revenue performance and it is pleasing that our DTC platform, which has been key to driving sales, delivered record number of orders and revenue during the peak tanning season. While our profit for the year will be below earlier expectations, in part due to supply chain issues and launch related costs in H2, I am encouraged by our good progress in implementing our strategy and creating a solid business platform to enable significant growth in the new financial year and beyond. Roots continues to grow in popularity and I am particularly delighted that it will be ranged in some of the largest stores of Boots UK and almost all of Superdrug stores, underlining our ability to develop products in-house and turning them into well-recognised beauty brands. This, together with our recent successful product launches and global expansion through new retailers and distributors, means the Company is strongly positioned for future growth."Further enquiries InnovaDerma Haris Chaudhry/Joe Bayer [phone] finnCap Ltd [phone] Geoff Nash/Giles Rolls/Kate www.finncap.com Bannatyne Alice Lane - Corporate Broking ---------------------- TB Cardew Shan Shan Willenbrock/Tom Allison/Alycia MacAskill/Joe McGregor + 44 (0)20 7930 0777 ---------------------- About InnovaDerma:InnovaDerma PLC (LSE: IDP) specializes in the research, manufacture and marketing of clinically proven products in life sciences, beauty and personal care products. InnovaDerma has presence in Europe, US, Australasia, Asia and Africa.www.innovaderma.comThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.ENDTSTFKCDBPBKKNAD(END) Dow Jones NewswiresJune 19, 2018 02:01 ET (06:01 GMT)

[milliecusto] 11/8/2018 21:25

How big is the short applegarth..lol.. posting years old news that has been fully absorbed by the market will do you no good, I suggest you refer to the latest operational update to see idp is moving into a global market

[therealapplegarth] 11/8/2018 19:56

Just remember to top slice guys ! It's always best to derisk a little then maybe top up again on the dips

[therealapplegarth] 11/8/2018 19:54

Just ignore the trill NY Boy ! This has plenty of bait next week to hook in a few muggy punters who'll no doubt do quite well. Until the traders start dumping lol then who'll be left holding the baby ? I know my exit point and it's almost here so COME ON MONDAY 8am ! See ya all later

[ny boy] 11/8/2018 19:14

Oh dear, exposed


ApplegarthLSE
Member since: 25 Jun 2018

[jovi1] 11/8/2018 17:43

Apple sound more like sour grape
still time to cover your short
the stuff you post is well out date and all the issue have been addressed at least on the regulatory sense as advert campaign was removed
you can be right of the 1.23 but few more big deal and a little luck with new product and production and this can really fly

I have the feeling much more news on the way and 2019 will be the year of the big jump

[applegarthlse] 11/8/2018 15:12

Sub 1.23p coming soon in my many years of experience the traders will move on to the next rainbow next week !!!!!!!!! And this will TANK!!!!!!!!!

[vikingwarrier] 11/8/2018 15:00

Surely no one is stupid enough to be shorting these just now?

[applegarthlse] 11/8/2018 14:35

RAMPING PIG!!!!!!!!!!!!!

[doc robinson] 11/8/2018 13:55

Not surprised if offer not made by one of the big boys in the not too distant future maybe sports direct!!

[wskill] 11/8/2018 13:39

I would think your investment is safe MrWorry IDP is not a one product company anymore with roots now going into Tesco, Boots and on the shelf in Superdrug stores, it is only a matter of time before the share price returns to £4.

I also bought my first batch of shares well above todays level but have averaged down to bring my purchase price to a reasonable level not in profit yet but will be before the end of 2018.

The market cap is still tiny in comparison to other companies in the same market and if roots starts to sell very well in Tesco and Boots as it is doing in Superdrug ,shareholders will do well.

We should worry about the poor shorts trying to close with only 6 million shares in free float it will be terrible for them.

[applegarthlse] 11/8/2018 13:18

Your just a typical MUG PUNTER ARENT YOU!!!!!!!!!!!!!!! LOL

[mrworry] 11/8/2018 13:14

I've been stuck here since 4.00p hope I see my money again ? And if I do can't wait to sell and never look back here ! I've had endless nights tossing and turning with worry here . Beware it's never a smooth journey

[mrworry] 11/8/2018 13:12

I've been stuck here since buying in at 4.00p and can't wait to dump my stock as its been painful for me watching this only hope I can make my money up and run for the hills . I'd suggest anyone does there research in this company as sometimes people get carried away with rises like this ones had over the last 5 days

[mrlucan1] 11/8/2018 13:09

I've been sitting on the side lines here for a while and this rise concerns me as its to quick and think many expecting 2.00p + will be shocked when this retraces abit? Nothing ever goes up in a straight line so good luck anyone invested here as you've got balls

[ny boy] 11/8/2018 13:08

I read a broker put out a note with target price 220p, if Roots proves successful, o mention of Prolong, anyone know if it’s selling well in the US, due to be launched in Europe this autumn, hopefully lots of bullish news flow. GLA

200p is the next resistance now, nothing in between, so moves could be swift.

[ny boy] 11/8/2018 13:05

A tad out of date mate 🙄

[applegarthlse] 11/8/2018 13:05

UP YOURS MUG PUNTERS ;D