Innovaderma Share Discussion Threads

[rk23] 07/11/2018 07:06

InnovaDerma PLC Annual General Meeting StatementSource: UK Regulatory (RNS & others)TIDMIDPRNS Number : 5475GInnovaDerma PLC07 November 2018LEI: 213800WRAP6W8VDL6B38InnovaDerma PLC("InnovaDerma" or the "Company")Annual General Meeting StatementInnovaDerma (LSE: IDP), a UK developer of life sciences, beauty and personal care products, will hold its Annual General Meeting today at 10.00am at finnCap Ltd, 60 New Broad Street, London EC2M 1JJ. At the meeting, Executive Chairman, Haris Chaudhry, will make the following statement:"InnovaDerma is now at a strategic inflection point as exclusivity periods end for our flagship products and leading new retailers come on board in the coming months. Skinny Tan will be making its way into c.1,250 Boots stores from March 2019 in time for the commencement of the peak-tanning season and with Roots securing Tesco and Boots distribution, we expect the second half of the year to be disproportionally higher than in previous years given the phasing of new distribution. Our distribution channels will increase significantly this financial year as our UK retail store network grows from c.800 (FY2017) to c.2,400. We expect revenues for the first half of the financial year to be similar to last year and the full year is expected to be approximately GBP14m."

[goz1] 07/11/2018 07:05

Looking good to me, should see a nice rise today

InnovaDerma is now at a strategic inflection point as exclusivity periods end for our flagship products and leading new retailers come on board in the coming months. Skinny Tan will be making its way into c.1,250 Boots stores from March 2019 in time for the commencement of the peak-tanning season and with Roots securing Tesco and Boots distribution, we expect the second half of the year to be disproportionally higher than in previous years given the phasing of new distribution.  Our distribution channels will increase significantly this financial year as our UK retail store network grows from c.800 (FY2017) to c.2,400.  We expect revenues for the first half of the financial year to be similar to last year and the full year is expected to be approximately £14m."

[makingmillions] 06/11/2018 22:15

That is an even more interesting question. Would certainly put a different context to the sale.

[pecuniarum copia] 06/11/2018 20:23

Connor

RE: AGM

Good question from kemche, and you could also ask HC if he knew about Edale Capital LLP (Edale Europe Absolute Master Fund) wanting to buy over 3% of IDP.


Cheers

[rawnsley] 06/11/2018 20:04

Nice RNS prior to the AGM. Good luck tomorrow Connor, I would very much appreciate your feedback if you would be kind enough to share your thoughts and feedback post AGM.

I remain unconvinced we will see massive strides forward in the share price unless the trading statement is very bullish. However most of the news is out in the market. I remain fixed on 2019 full year results for a re-rating.

It would be good to hear news on Prolong as well and any news the launch is ahead of schedule would be great to hear. I believe they mentioned 2019 Q1 last time.

Hoping to avoid any broad UK retail messages about sluggish sales.

Fingers crossed. I've been looking forward to tomorrow for a while now.

[teddy boy1] 06/11/2018 20:00

CONNOR -I have a feeling that you could be present tomorrow when the real "lift off"of IDP takes place.History in the making, in my view!

[connor23] 06/11/2018 18:06

Lol. Depends if there is a Tesco announcement to be made tomorrow I guess : )

[kemche] 06/11/2018 17:40

Connor -ask him if he is planning to sell any tomorrow. And look him straight in the eye when he answers!

[connor23] 06/11/2018 17:32

Yep, I will be going. Will try and jot some notes down.

[goz1] 06/11/2018 16:24

Let's be honest, someone accumulating in excess of £450,000 on shares knows what they are doing here

[teddy boy1] 06/11/2018 16:02

If anyone IS attending the AGM tomorrow it would be nice if they could provide us with a bit of feedback (please)

[ali47fish] 06/11/2018 14:44

anybody attending the agm tomorrow?

[connor23] 06/11/2018 13:27

Haven't heard of Edale before but founder seems experienced. Will do a bit of research later but def seems positive.

[ny boy] 06/11/2018 13:07

Expecting a move above 150p soon GLA, long term hold, buy on weakness imo

[teddy boy1] 06/11/2018 12:59

Probably our last chance to add at these lowely prices !

[goz1] 06/11/2018 12:48

Very good to see a TR1 there with 450,000 shares. I did think this should be rising but appears the mms up to usual games. We should easily be 150 now imo.

Time to add before it's too late :)

Also look at VAST, great value there today and my second biggest holding

[coldspring] 06/11/2018 12:38

That's a positive RNS, large buyer building a big holding. Looking forward to the trading update.

[teddy boy1] 06/11/2018 09:43

If the price does not rise significantly today I take this as a sign that very good things are expected by the traders tomorrow so expect lots of buying first thing to "encourage" the share price to rise steeply.This is just my take on things but it is based on the mindset of our merry band of traders,taking what has happened in the past into account. DYOR

[teddy boy1] 05/11/2018 19:28

Expecting a big day tomorrow!

[goz1] 04/11/2018 22:15

I think it will be, launch puts us in another huge distributor. Roots fb now picking up around 50 likes a day with skinny tan continuing up and over 315,000 followers improving repeat direct custom every day. The future looks very bright here imo

[doc robinson] 04/11/2018 18:44

Could be a interesting week agm, Tesco news , current trading update, Boots roots into more stores.

[2624] 04/11/2018 18:16

Just subscribed to this forum. Some interesting chat about innovaderma.

[goz1] 02/11/2018 15:17

How about we just be happy this is blue and in an upward trend. Far to much bs gets chatted on here haha

We have had a number of big buys now and rhus really shows we have turned a corner. Our products continue to fly off the shelves at Boots so when Tesco get them too who knows what will happen :)

[nobbygnome] 02/11/2018 13:43

Talk about naive. There is no way a CEO can trade ahead of any corporate event so the AGM itself would prohibit him from trading. So yes it was an untruth...but hey don't let the truth get in the way of a good ramping story! IMHO your type do more harm than good...despite your protestations.

[beetroot juice] 02/11/2018 13:18

No not an un truth. For all i know the CEO has bought and there will be no trading statement at the agm. Its not written in stone a trading statement is due, only it occured last november. Nobby you have no idea if he has or has not bought, i said he might have. I also said the trading statement should be a cracker.

Stop crying about the will to live and get some positive vibes going, too many on here are suicidal. Or at least post like they are.

SP looking lively thats all you should care about not the ins and outs of a gnats backside. analysis paralasis infests idp holders, poor share holding base very weak no commitment.