Innovaderma Share Discussion Threads

[hamidahamida] 09/1/2020 08:23

New Product Launching into 80 million category in 800 Superdrug store not even in the broker forecast.....InnovaDerma issued a trading update for H1 FY 2020, indicating revenues of£5.0m in the period, up c.28% and broadly in line to achieve our 23% growthforecast for FY 2020. Whilst not quite at the 38% growth level seen in the first 4months, attributed partly to an earlier shift to seasonal products pre-Christmasand a flat Roots performance, we are not making any changes to forecasts at thisjuncture, pointing to the upcoming (Q1 2020) launch of a new skincare productcategory into Superdrug stores, which is excluded from our forecasts. Wereiterate our 200p price target

[basem1] 09/1/2020 08:21

Never seen him get excited about anything He has not the money to invest so just lurks about looking for gloom

[bookbroker] 09/1/2020 08:20

What is that revenue costing the company, scale is everything and the smaller you are the cost of sales has a far more disproportionate effect on those costs! All well and good increasing revenue by 30% but in the bigger picture this is still a tadpole.

[coldspring] 09/1/2020 08:20

Bookbroker if you dont understand whats happening here then you have not been paying attention to the company for very long or you are utterly thick. I am not educating you but maybe someone else will take pity and help out.

[muzmanoz] 09/1/2020 08:17

InnovaDerma issued a trading update for H1 FY 2020, indicating revenues of
£5.0m in the period, up c.28% and broadly in line to achieve our 23% growth
forecast for FY 2020. Whilst not quite at the 38% growth level seen in the first 4
months, attributed partly to an earlier shift to seasonal products pre-Christmas
and a flat Roots performance, we are not making any changes to forecasts at this
juncture, pointing to the upcoming (Q1 2020) launch of a new skincare product
category into Superdrug stores, which is excluded from our forecasts. We
reiterate our 200p price target

[bookbroker] 09/1/2020 08:15

Come on Coldspring, explain yourself you maggot!

[anony mous] 09/1/2020 08:15

Well well, always the same.Good rns and the share price goes down.Traders at play.

[bookbroker] 09/1/2020 08:14

Explain why this down 10%+ in that case?

[coldspring] 09/1/2020 08:01

Book broker chatting absolute wham and not for the first time. Open your eyes if it is difficult to see where new growth will come from and read the recent RNS releases.

[bookbroker] 09/1/2020 07:52

It’ll be empty within three years!

[basem1] 09/1/2020 07:51

Heh Mr Glass half empty has turned up lol

[connor23] 09/1/2020 07:49

I think overseas is where we are looking in terms of ST. There is a renewed focus on Oz and, more importantly, US.New category sounds like a potential growth driver. Company very bullish so we shall see in H2.

[bookbroker] 09/1/2020 07:46

Statement very average, difficult to see where real growth will come from in coming years without more brands, much higher marketing expenditure, etc.

[northwards] 09/1/2020 07:44

Several mentions of weak U.K. high street. Plus a lot of speculative buying yesterday is likely to see selling into any strength today - if indeed we see strength.

[costax1654x] 09/1/2020 07:38

Great update

[connor23] 09/1/2020 07:36

Solid H1. Was hoping for a little more as I'm greedy! Opening order from Tesco the big news on the RNS. Good to see we are still looking to eke out more ST growth from our biggest brand.

[tongostl] 09/1/2020 07:17

Rock solid trading update even if there is no financial info, at least the operational side of things are flying.

[pakenham] 09/1/2020 07:16

well above expectations - will we get past £1 today?

[doc robinson] 08/1/2020 20:58

Good recovery today and ended blue a strong sign for tomorrow . Should get a trading update shortly.

[costax1654x] 08/1/2020 10:06

Bought more Kefi and idp

[bernymadoff] 06/1/2020 17:38

I called TB Cardew today to ask about the trading update. The company is working on it as we speak. My hunch is later this week or some time next week.

[bad gateway] 05/1/2020 15:32

Haven't seen it myself if they have but they did have a trading statement 10/1/2018 and one 16/1 the year before so quite likely to be soon I'd guess?

[57eady eddie] 04/1/2020 16:38

Have they posted anywhere to say results out next week?

[costax1654x] 03/1/2020 16:01

Can't wait for the results next week