Innovaderma Share Discussion Threads

[solarsurfer] 26/2/2020 10:29

Sold em when they hot 80p, only made 20% on em lol.
I can't for the life of me work out, why all you guys are happy with the companies position, knowing you have all lost so much money on this slide?

It's gunna slide even more, and your all still smiling !

Ask yourself "Why is the price crashing" ?

40p next stop next week. Coronovirus is coming closer !

[gregpeck7] 26/2/2020 10:18

I actually like what they are doing. Nuthing looks a decent brand to me.. hc is gone and they seem to be really focusing on building something good here. Without hc undermining this I think it's a cracking buy at 64p..

[muzmanoz] 26/2/2020 09:49

Ah ok. Thanks jonny

[jonny_five111] 26/2/2020 09:39

Mines in £. But theres an option to change the currency in the menu.

[muzmanoz] 26/2/2020 09:38

Is it just me or are the prices on the nuthing.co.uk website in us$.

[tallprawn] 26/2/2020 08:46

The presentation from yesterday evening has now been uploaded by the company -https://www.innovaderma.com/wp-content/uploads/2020/02/InnovaDerma-Shares-presentation-25.02.20.pdf

[connor23] 26/2/2020 08:39

Looks good. All. About raising awareness now so looking forward to seeing what SD have planned as well as IDP.

[tallprawn] 26/2/2020 08:24

The Nuthing range is now available for sale this morning via DTC. The website looks great and social media promotion is starting. Bring on the new category providing a material contribution for the rest of the year.

[mbcontrarian] 26/2/2020 08:20

The journey to zero continues this morning...

[mbcontrarian] 26/2/2020 08:14

You do realise FinnCap are paid by InnovaDerma to produce slick reports for retail investors. If you look at the history of FinnCap's projections versus actual results, as well as the realisation of the suggested target price - you might question the reliability of the data your being fed.

[jonny_five111] 26/2/2020 08:13

Thanks Tallprawn. Much appreciated. Sounds positive.

[tallprawn] 26/2/2020 08:11

Hi Jonny, I was there last night.Joe, Kieran and Ross were all in attendance. Joe gave an excellent presentation with plenty of detail on all categories. There was plenty of Q&A afterwards with the team being very approachable and keen to answer everyone's questions.They've clearly got a well though out game plan for the rest of the year with key drivers in place to monetise the significant inventory levels that are now in place. DTC sales will be high over the next 4-5 months so they'll see plenty of immediate cash. There was a feeling in the room amongst many investors that Corona could actually help IDP in that lots of people will likely put off foreign holidays this year and will stay in the UK. They will still want their tan and that plays straight into our hands.It was a great evening - Very confident BOD at hand who are clearly motivated to get the share price up towards 120p+ (Where it gets interesting for them) by delivering solid numbers in H2.I'm more than happy to keep holding and look forward to seeing Nuthing develop to play a meaningful role throughout the rest of the year.

[jonny_five111] 26/2/2020 07:59

I think people forget we can see their posting history. Good grief!

[muzmanoz] 26/2/2020 07:42

The presentation slides are on the innovaderma investor relations page.

[muzmanoz] 26/2/2020 07:40

Yes I'd be interested in the presentation. Lets hope they can turn the inventory into cash pretty quickly. Solarsurfer definitely here to wind up:


Solarsurfer - 24 Dec 2019 - 12:17:30 - 22049 of 22438 Innovaderma - Global Brands and Huge Markets - IDP
Been saying now for a long time, this company has good sales, profits and cashflow !
It needs to carry on dev new products, and do well by selling in to new markets!

I am sure this price WILL go up !

I bought cheap, held on as they went down, and expect them to do well !

I'm happy ! and I am holding on to them as I am sure there is a bit more to come yet!
Well done boys !

[matt] 26/2/2020 07:25

Register for free access to the brokers notes


Cash flow The company ended the period to 31 December with cash of £0.4m, which compared with £0.7m at 31 December 2018 and £2.0m at 30 June 2019. The cash outflow in the period of £1.5m (vs. £1.2m) was attributed to:  A £59k increase in operational cash outflows to c.£0.8m. This was primarily driven by a c.£0.8m increase in working capital. Inventory levels increased by 37% to £3.9m, which compared with £2.8m at 31 December 2018 and £2.4m at 30 June 2019. The impending launch of Nuthing also incurred early launch stocks, which InnovaDerma had to part-fund ahead of delivery in early 2020.
An increase in investment (£656k), which included a £310k payment for product design relating to Nuthing

[jonny_five111] 26/2/2020 07:18

Did anyone go to the presentation? Any feedback is appreciated

[jason_scrap] 26/2/2020 06:26

Why are you trolling at 5:50am...? LOL!!!!Someone pooping themselves after hearing positive things at last night's presentation...? Or are you just bitter...?Story is getting better and better here and with the bad egg HC out of the picture, management can focus on what they're good at... sales and branding!!

[lord loads of lolly] 25/2/2020 23:19

mbcontrarian - you imply that IDP's accounts for the past 4 years or more are inaccurate/incomplete/misleading/all of the above. Assuming you're invested, wny not raise your concerns at the next AGM? And if you're not a holder, why waste your time commenting?

[mbcontrarian] 25/2/2020 22:44

Just for SkinnyTan? I don't believe that those figures are accurate, in any case.

[boonboon] 25/2/2020 22:31

Why do you think lifetime value is low when repeat orders are 25% to 46%

[boonboon] 25/2/2020 22:30

How are they extortionate? Partly for marketing the new brand so no revenue yet. I'm fine with the intangibles. It's the cashflow that will ultimately matter and this is cashflow positive.

[mbcontrarian] 25/2/2020 22:22

But that doesn't explain the extortionate marketing costs?... The cost of acquiring new customers is high and their life time value is low. Going to zero. You've been warned.

[mbcontrarian] 25/2/2020 22:21

Look at the intangibles on the balance sheet. Do you feel comfortable with them?