Revolution Beauty Share Discussion Threads

[northwards] 25/4/2024 08:35

On the Chrysalis issue, surely the more the company can show financial progress, the more Chrysalis's claims will seem redundant.

[bertiebingo] 24/4/2024 18:17

Warpaint & REVB margins and growth are totally different / non comparable therefore the valuations are non comparable too. The material upside for REVB comes from operational gearing changing their margins to another level. That will happen if they can execute their revenue plan. I am a big holder of Warpaint and a recent tiny one in REVB in the hope / expectation that this can happen.

[montynj] 24/4/2024 08:16

I totally agree...just bought a position

[aishah] 24/4/2024 08:12

How much £ amount is the CHRY claim?
Edit:
The draft particulars of claim note a claim of £39m, together with a claim for consequential losses of a further £6.2m.

[wallywoo] 24/4/2024 07:59

Yes when you realise that Warpaint have a market cap 4x that of revb, with a turnover less than half.At some point the share price will surge forward again, I have no doubt. Good trade at these levels imho.

[northwards] 24/4/2024 07:18

Great results from warpaint. Strong read across for here I'd suggest.

[donald pond] 23/4/2024 17:22

I think if CHRY asked specific questions of the directors and go back answers which were inaccurate which led them to invest the directors are going to be liable and as they were acting in the course of business that extends to the company. Usually actions aren't brought because iirc there is no duty owed to the general public (that's why investors can't sue auditors). But if they made specific representations to specific people knowing they would be relied upon my understanding is that a claim exists

[bertiebingo] 23/4/2024 17:14

Reading the 2022 annual report the PnL materiality effect is small, it's seems it's more to do with shuffling around costs, profits. There is inventory write downs. There isn't a fraud as far as I am aware. As a career long short manager I have never heard of an investor suing and winning due to a restatement of accounts. Will ask a forensic analyst friend of mine .

[slogsweep] 23/4/2024 09:23

If I had a claim against a company every time they failed to deliver on promises I be a multi millionaire. CHRY should be savvy enough to do due diligence before investing that amount of money. Not sure if the fact that REVB got previous CEO to pay up £2.9 is an admission that he acted dishonestly which is why CHRY is making their claim.

[northwards] 23/4/2024 08:05

' And is willing to pursue it'. Not exactly fighting legal talk.

[thaiger] 22/4/2024 18:47

It's ridiculous to make a claim!

[traderglt] 22/4/2024 10:59

Looks like my minds been made up for me - good luck to holders though.

[typo56] 22/4/2024 08:07

Chrysalis Investments Limited ("Chrysalis" or the "Company")

Update on claim against Revolution Beauty Group PLC ("Revolution Beauty")


Further to comments made in the Company's FY23 Financial Report and Audited Financial Statements, the Company has not been satisfied with the limited responses received from Revolution Beauty and its legal advisers to date, and accordingly the Company issued draft Particulars of Claim to Revolution Beauty on 19 April 2024. The draft Particulars of Claim note a claim of £39m, together with a claim for consequential losses of a further £6.2m. The Company considers that it has a strong case and is willing to pursue it.

[trader465] 19/4/2024 10:59

Where have they said that?

[northwards] 18/4/2024 15:04

Full year results due in June.

[trader465] 18/4/2024 14:56

Do we know when the year end financial numbers will be published? Last year they said this: “Further to the announcement on 21 February 2023, BDO have updated the company with respect to the audit of the Group's FY22 accounts. Work on the audit remains ongoing and it is now expected that Revolution Beauty's audited FY22 accounts will be published by the end of April 2023



Surely due very soon? I have a small 1% position, kill if it tanks, add if it rises

[bertiebingo] 17/4/2024 21:19

https://revolutionbeautyplc.com/results-and-reports/

[traderglt] 17/4/2024 17:45

Have you a link to?

[bertiebingo] 17/4/2024 17:37

TraderGLT, Check out the Capital Markets Day presentation

[millennialinvestor] 09/4/2024 11:40

B>B>B>BREAKOUT as we arrive at annual highs for revb.

[revbessex] 09/4/2024 11:27

Obsessed with boohoo

[millennialinvestor] 09/4/2024 09:53

Happy with the rise here, good for boohoo too as they have a large stake.

[millennialinvestor] 04/4/2024 15:21

The boo directors are at the helm and will drive profitability and exponential revenue gains.

[traderglt] 28/3/2024 06:58

Can somebody point me in the right direction regarding what their new strategy involves please.

[robertbarns1] 27/3/2024 10:33

millenial investor my average is now 8p on many good trades