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Share Name Share Symbol Market Type Share ISIN Share Description
Innovaderma Plc LSE:IDP London Ordinary Share GB00BT9PTW34 ORD EUR0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.50 9.59% 40.00 40.00 41.00 40.75 36.50 36.50 545,114 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services 10.1 1.1 5.5 8.0 11

Innovaderma Share Discussion Threads

Showing 23826 to 23850 of 23875 messages
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DateSubjectAuthorDiscuss
15/4/2021
16:28
IMHO i would take up the offer as the price must be close to the bottom and the upside potential is significant. The placing is all but done so IDP has the extra money now and a new BOD who seem to be the right calibre to take this forward. ST is a well respected brand with nearly 1m followers across FB, Insta etc. At last accounts stock was c£4m in value so c 50% of current valuation. ST alone must be conservatively worth £10m, so you get everything else for free. Re-looking at H1 results it is clear that Joe B has run this into the ground - based in Oz he lost control of UK operations so rev was massively down, margins were lower but marketing spend was still quite high. Madness. He also booted out the previous CEO who seemed quite switched on, clearly because he disagreed with Joe's approach - this cost IDP £107k as per accounts, probably 6 months salary. New BOD has already said they will write down some intangibles - currently c£8m on the balance sheet so YE P/L will not look great. BOD may also look to get rid of Life Sciences as it doesn't seem to be core. Next 56 months may not be great, but in next 12 to 18 months hopefully this will be in a better shape.
shandypants2
15/4/2021
16:26
Mark Ward is basically getting his £500k loan back in shares at 35p so in effect a CLN. Handy NED to have as IDP would have probably run out of road without his loan. I think there's value in the brands (CRL interest proves that) the jury's out as to whether this management can exploit it.
cockerhoop
15/4/2021
16:06
muzmanoz - Think I read £4m of the £4.5m open offer (i.e the total available to NON-PIs) was oversubscribed. In which case administration ain't on the cards (not yet at least). It's an interesting one. I plan to wait until the very last moment (22 April) to see how the share price moves before deciding whether to take up. I'm inclined to double up because 1) Having rejected Creightons' offer out of hand, management must either be incredibly confident they can do better themselves - or hopelessly arrogant. 2) Late last year, NED Mark Ward bought another £270K worth of shares at 70p each. OK, so his timing wasn't great. But he's certainly no slouch. He's also a multi-millionaire from the takeover of his former empire (Hunter Macdonald) and is a real IT whizz which bodes well for IDP. As of Feb 21, he held 12.5% or just shy of 17.4 million IDP shares. And I believe following the open offer, his total holding will be just north of 13%. I've been saying for a while my biggest fear is if he takes IDP private before it's fully recovered (assuming it ever does), then enjoys most of the upside at the expense of long-suffering small investors. I believe that's still a big risk, as the company seems quite dependent on him to bankroll things short-term. But hopefully the open offer will change that. My other main concern is that with peak tanning season running from now to end June, and lockdown only gradually being eased, full year results may disappoint. But as others have said, with fewer people flying off to sunnier climes this summer, there may be increased demand for self tanning products given the vagaries of our British summer.
lord loads of lolly
15/4/2021
14:49
.........just saying
cockerhoop
15/4/2021
14:38
The CRL offer you all dismissed out of hand would now be worth circa 60p ;-)
cockerhoop
15/4/2021
14:16
Still dithering the new management with a proven success record could be what IDP requires to turn it round and return to growth.
wskill
15/4/2021
14:06
I've taken up the open offer. My reasoning was if they don't get the raise away the company likely goes into administration and your current shareholding is worth nothing. Or if they do get the raise away and you don't partake you get diluted. But everyone needs to make up their own mind.
muzmanoz
15/4/2021
14:06
Decision time - That is if an unfortunate holder - Bite the bullet and get out now - remember the first loss is often the smallest - or gamble - NB - I do not hold and as anyone can check previous posts all bearish.
pugugly
15/4/2021
13:56
shandy does thar mean no to take up the offer?
ali47fish
15/4/2021
09:23
Muzman- based on cash at 31/12 and at 28/2 as detailed in the Prospectus they've burned through another £300k (as £500k loan has been added). So things aren't just tight cash wise they are broke and H2 trading in first 2 months of 2021 don't look great
shandypants2
13/4/2021
18:47
So things were very tight cash wise. Dilution is 89% if an existing shareholder doesn't take part in the open offer. Dilution: If a Qualifying Shareholder who is not a Conditional Placee does not take up any of their Open Offer Entitlements, such Qualifying Shareholder’s holding, as a percentage of the Enlarged Issued Share Capital, will be diluted by 89 per cent. (assuming full take up under the Open Offer) as a result of the Capital Raising. If a Qualifying Shareholder who is not a Conditional Placee takes up their Open Offer Entitlements in full (assuming he or she or it does not participate in the Excess Application Facility, such Qualifying Shareholder’s holding, as a percentage of Enlarged Issued Share Capital, will be diluted by 30 per cent. (assuming full take up under the Open Offer) as a result of the Capital Raising.
muzmanoz
13/4/2021
17:24
Flicking through the prospectus "On 28 February 2021, the Group had £364,385 of cash and without the Conditional Placing the Group would be unable to meet its financial obligations after 13 July 2021, (with a cash shortfall estimated at approximately £0.1 million before repayment of the Loan), which is the date when the principal amount of the Loan, in addition to any accrued interest, is payable in full. The Group has forecast that it will require £2.5 million to fulfil the working capital requirements of the Group for at least the next 12 months from the date of publication of this document"
muzmanoz
12/4/2021
09:19
Don't forget to let your broker know and submit your intention if you're interested in taking up the 1 for 12 open offer at 35p
boonkoh
09/4/2021
00:11
£1 by June.
prof_pwhite
01/4/2021
09:42
Just watched the results presentation. Interesting viewing and all sounds promising. Let's see if they can put their plans into action. hTtps://www.investormeetcompany.com/investor/meeting/half-year-results-for-the-six-months-ending-31-december-2020
muzmanoz
31/3/2021
14:57
Was expecting a better price reactionPresume Mark will be increasing his position in the coming days
ishwar
31/3/2021
14:37
The key for me is they need to build up very good best in class social media marketing capabilities. They've mentioned that they struggle for a while now, and today's update still shows they're on the path, not at the end yet.Good digital marketing capabilities will drive more online DTC sales as well as pivotal to grow brand awareness and consideration of their two new products, Nuthing and Charles.It's really not that much investment. A heavyweight digital market director, and two or three staff, total opex costs of £250k/year potentially. Then the media investment on top of that, ideally paying back 5:1 ROI and self funded from new sales generated.
boonkoh
31/3/2021
08:40
Quite interesting - the ratio of payables to receivables highlights how much distress they were(are) in prior to obtaining the placing cash. Now deciding to write off the intangibles shoved onto the balance sheet to opaquely boost previous profitability perhaps signals an intent to clean up its act.
cockerhoop
31/3/2021
08:17
A different tone to the RNS by the new crew.
kemche
31/3/2021
08:15
Squeeky bum time coming.Skinny tan key season is Apr to Jun. Good thing lockdown is easing, cases trending lower, in key UK market.I strongly believe that with less international travel available, fake tan products will be more in demand as you can't get the real thing.Skinny Tan sales grew strongly (50%?) in Australia in the half year, during their spring+summer period. Good sign for upcoming UK season.New brands, Nuthing and Charles, will drive increased sales too for next half. Nuthing is interesting, as those that went to waxing salons probably want to do it themselves at home now, to avoid covid risk. Again, sales should lift as social restrictions lift and spring + summer gets here.
boonkoh
25/3/2021
10:03
Think this is a good entry point, im in. Business will start picking up with shops opening back up soon + summer on the way
bennya
04/3/2021
19:56
Thanks!Confirms my suspicion that this is unloved by some investors, which is great because it means I got it cheap rather than overpaying for a story stock.Meanwhile if you bother to look, you'll see new management and a new strategy, and know that it is not the Innovaderma of before.
boonkoh
04/3/2021
14:18
This company will always be a dog. Somebody put it down.
backtogo
02/3/2021
10:42
I am getting bored with this site so I have decided to make this my last post. To be fair I have found it quite entertaining over the last few years .I am one of life,s "winder uppers" and a lot of the people on here have been very easy meat.(Kemche springs to mind!) Anyhow "au revoir" and really hope that IDP will yet turn out well for all those brave hangers on. You really deserve it for your perserverence ,if nothing else. xxx
teddy boy1
02/3/2021
09:59
Class isn't about money Teddy, it's an attitude.
stimulationengineer
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