Innovaderma Share Discussion Threads

[pakenham] 18/6/2019 18:29

No chance of that - just ramping - market wary of those predictions -- been two years of over promising here - if it makes a profit after dire first half the market will love it imo - market has this priced to breakeven this year.

[boonboon] 18/6/2019 18:23

4minutes 20 into this interview for Kierans expectations of £10.5 million in the second half.https://www.proactiveinvestors.co.uk/companies/stocktube/12340/innovaderma-reports-strong-start-to-second-half-12340.html

[boonboon] 18/6/2019 18:16

I know. I also know that kieran reiterated the guidance after the half year results. If they were to miss the guidance by as much as you suggest there should have been a profit warning by now.

[pakenham] 18/6/2019 18:12

sorry boonboon not baboon - bloody spell check

[pakenham] 18/6/2019 18:08

Baboon been here for two years - I post very rarely - 14m guidance was given before abject 1st half performance you will notice... that is why this has crashed to lows... used to trade over £4 as you will know.

[boonboon] 18/6/2019 18:01

Pakenham, no offence, but how long have you been invested? I've been in for years and know the company. The companies own guidance is £14million turnover and £1.6million profit the house broker has £1.3 million profit and I believe £13.5milluon turnover.Those are the expectations, also why I think it's significantly undervalued.

[pakenham] 18/6/2019 17:57

hahaha - £1.3m profit - u must be joking after a loss in first half on sub 4m revenues - if it does 1.3m profit will be a pe of 11 and rapidly expanding then the share price will go beyond £2 - possibly £3 - pe standard over 20 in this industry - factor in growth expectations and trajectory then you'll realise why market hopes for breakeven at this mcap and share price .. it's not rocket science

[boonboon] 18/6/2019 17:42

A £200,000 profit won't please the market when they're expecting over £1.3millon

[pakenham] 18/6/2019 17:34

After only £3.9m revenue in first half for a £0.4m loss - I hope we can do £11m revenues and a very modest profit of 200k for full year - expecting T/U this week - that will please the market with more to come in 2019/20 - a 14m mcap and prospect of an incredibly low pe on what is a high pe industry should see this fly if we can breakeven or a bit better for current year - it's the trajectory of the model that investors will be looking at gla

[boonboon] 18/6/2019 16:51

I'm not expecting an update tomorrow.

[tallprawn] 18/6/2019 16:27

HB - The forecasts for full year are as follows -Revenue £13.2mNet Profit £1.3mFor FY20 it's the following -Revenue £15.4mNet profit £2m

[tallprawn] 18/6/2019 16:24

There is no guarantee that an update will come tomorrow - Nothing has been announced to confirm this. Don't be surprised if it doesn't come - I certainly won't be.

[kemche] 18/6/2019 16:07

"They have been very quiet on the RNS front compared to normal, not sure if that’s good or bad."

They used to be pretty frequent and overly bullish on the RNS front in the past and look where that got them! Could the reverse apply?

We shall all find out tomorrow.

[honeybadger1] 18/6/2019 15:59

Well tomorrow is the day where hopefully we will have regained confidence in the board and see that they are on track to deliver what was stated earlier in the year. They have been very quiet on the RNS front compared to normal, not sure if that’s good or bad. If the results are on track (14m) the S.P. will double before September results, fingers crossed.

[boonboon] 17/6/2019 21:10

They were never exclusive for online sellers just for instore sales. Boots and Superdrug make up over 80% of the tanning market so no great hurry to go elsewhere.Although we have 4 products in limited asda stores.

[hatfullofsky] 17/6/2019 19:40

They're no longer exclusive so I expect more stockists. We just need revenue.

[doc robinson] 17/6/2019 16:27

Finishing on a high they must like the deal with next directory to sell their products.

[gleach23] 17/6/2019 16:16

10k @ 100p just gone through tp....bit more like it

[tallprawn] 17/6/2019 16:15

Good to see 100p being paid - There could be a nice run up tomorrow based on the 19th being favourite for a TU based on the last 2 years. GL all.

[gleach23] 17/6/2019 16:11

fair enough kemche :)

edit - apart from the fact that those of us who have them filtered never seem to be able to fully escape :-\

[teddy boy1] 17/6/2019 14:24

LLOL I have never shorted a share in my life and do not intend to start now!

[teddy boy1] 17/6/2019 14:24

LLOL I have never shorted a share in my life and do not intend to start now!

[nobbygnome] 17/6/2019 13:59

Whatever you say about NY Boy, he has called STX exactly correctly....so far!

[kemche] 17/6/2019 13:54

gleach - I have one of them filtered.
But the other one I find comical and fascinating equally.

[gleach23] 17/6/2019 13:42

I thought what people did was filter posters like teddyboy and NY Boy...a long time ago!