ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SUP Supreme Plc

124.00
-1.00 (-0.80%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Supreme Plc SUP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-1.00 -0.80% 124.00 14:55:55
Open Price Low Price High Price Close Price Previous Close
125.00 124.00 125.50 124.00 125.00
more quote information »
Industry Sector
SUPPORT SERVICES

Supreme SUP Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
28/11/2023InterimGBP0.01507/12/202308/12/202312/01/2024
05/07/2023FinalGBP0.02231/08/202301/09/202329/09/2023
29/11/2022InterimGBP0.00815/12/202216/12/202213/01/2023
05/07/2022FinalGBP0.03801/09/202202/09/202230/09/2022
07/12/2021InterimGBP0.02216/12/202117/12/202114/01/2022

Top Dividend Posts

Top Posts
Posted at 24/4/2024 17:11 by elrico
Supreme PLC (AIM: SUP), a heavyweight in the fast-moving consumer goods arena, has triumphantly announced a stellar trading update for the fiscal year ending 31 March 2024. This sets the stage for a highly anticipated audit of the financial results that are revealed on 2 July 2024.

Supreme has reported an eye-popping performance for FY24, doubling its Adjusted EBITDA to a minimum of £38 million from the previous year’s £19.4 million and propelling revenues from £155.6 million in FY23 to around £225 million. This notable ascent in profitability is complemented by Supreme’s ability to conclude the fiscal year debt-free while generating unprecedented cash levels.

TTtps://smallcompanychampion.substack.com/p/surpeme-plc-fb3
Posted at 04/3/2024 14:03 by gb904150
Good points boonboon. In which case it will be interesting to see the detail.

As you say....some trading down so perhaps the overall effect is difficult to gauge.

One of the things I like with 88vape is they are a middle-aged vaper brand. I'd say those demographics aren't going to quibble over some price rises and are probably quite happy with their vaping choice.

Consolidation will be the main advantage. SUP have already shown their capability to integrate cuts ice and liberty flights seamlessly.

The downside are the low barriers to entry in the vaping market...but the extra regs also help the larger players.
Posted at 04/3/2024 12:15 by gb904150
JohnDoe23 - you are calling this right.

I've added a few more.

It seems there is a familiar pattern.

SUP announces great results, trading volumes, profits, buybacks etc. share price adds 30%.
Government threatens legislation, taxes, complication. share price loses 30%.

The point is regulation, taxes and govt complication favours big players like SUP who can respond, comply and consolidate by buying up the weaker players. SUP have already done that.

Tax on vapes isn't going to lead to any less vaping until taxes hit a critical point where vapes are no longer be affordable. What was that price point for a pack of cigarettes? £8? £10

But vaping is starting out such a low cost it will have zero effect.

Sell price on 10ml 88vape liquid - £1.


What do we think cost price is on that? 30p? So 88vape make 70p.

If the govt makes it so there is 50% tax. The new RRP is £2.

The govt now makes £1.
88vape (SUP) will still be making their 70p.

It is the consumer who will pay the tax. Not vape manufacturers.

I doubt the tax will be as hefty as that to start with.



Here they suggest an extra £1.40 tax on a £4 bottle of 10ml liquid. For an extra £72 or so cost for the year.

Compared to cigarettes vapes are so cheap so i think the impact is minimal and it's all for show.

I think around 85% of cigarette price is tax. Back in 2015 it was 83% according to this:




hxxps://news.sky.com/story/spring-budget-2024-what-to-expect-from-tax-cuts-to-vaping-duty-13081493


Vape duty

The same report said Mr Hunt is considering a "vaping products levy" which would be paid on imports and by manufacturers of vapes in an attempt to make the habit unaffordable for children.

The tax will be specifically on the liquid in vapes, with higher duties for products with more nicotine. However, to ensure vaping remains a cheaper alternative to smoking, there will also be a one-off increase in tobacco duty, with the two measures expected to raise £500m by 2028/2029, the report said.

Downing Street confirmed to Sky News that the levy is being considered "as an option".
Posted at 19/2/2024 11:03 by melloteam
Just to let shareholders and prospective investors know that Supreme (SUP) will be one of the companies discussed on the BASH (Buy, Avoid, Sell, Hold) Panel on tonight's MelloMonday webinar, starting at 5pm.


The programme is as follows:

5:00pm James Ashton, CEO at the Quoted Companies Alliance presents What is the QCA?
5:30pm Company presentation by Poolbeg Pharma
6:00pm Company presentation by Time Finance
6:30pm Trading Update from Duke Royalty
6:50pm BASH Panel with Mark Simpson (SDG) Kevin Taylor (ALU) & Graham Neary (SUP) 

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 01/2/2024 10:11 by basem1
Hopefully we can kick on from here the update was amazing and broker targets are almost double the price Coupled with a nice dividend yield and the forthcoming buyback there is an awful lot to like here
Posted at 15/1/2024 12:28 by actscap
Positive news regarding the new recycling scheme established with elf and b&m stores. I wondered if SUP have also explored other alternatives such as supplying recycle bags with their disposable vapes. E.g. similar to those provided by the likes of HP for used printer cartridges. Might be worth a trial run depending on cost viability.
Posted at 05/1/2024 12:05 by aishah
A very astute acquisition imo. 12mth rolling fcst p/e 6.6 with a peg of 0.5 yielding 3.69%. Stockopedia algos classify SUP as a Super Stock with a StockRank of 96.
I've increased my holding. Won't be surprised if SCSW makes it one of their 2024 NAPs. Dyor
Posted at 28/11/2023 08:32 by edmonda
"Strong H1 results raise full year outlook"

New research report here:

The H1 outcome was as indicated in the recent (18 October) Trading Update. Group guidance for the full year is now raised: from revenue of £195m - 205m to £210m - £220m (ED estimate was £204.2m); (adj.) EBITDA from £28m - £30m to £32m - £35m (ED estimate was £29.0m). From incremental EBITDA of c.£4.5m, c.£1.5m arises from core operations and c.£3.5m from the Elf distribution agreement, which supplies retailers including Tesco, Morrisons, One Stop and WHSmith.

A series of initiatives – branding and pod vape developments in particular – mean that the Group can demonstrate a realistic strategy for the potential changes in the vaping market. Supreme also reports completion of its supply and distribution centre (the ‘Ark’), noting its capacity to support both organic growth and potential M&A opportunities, with £35.3m of borrowing facilities available.

Following the Group’s increased FY24 guidance (revenue raised 7%, and (adj.) EBITDA by 14% -17%), we have raised our outlook to revenue of £221.2m, +8%, and (adj.) EBITDA of £33.5m, +16%. We expect a FY24 total dividend of c.£5.1m, with £1.7m paid at the Interim. Our Fair Value is raised to 225p/share.
Posted at 24/11/2023 15:08 by gb904150
I topped up some more ahead of the interims next week.

Last TU suggests SUP is flying and each time they report the figures people realise how cheap it is.....followed by the FUD of 'banning vaping' which batters it down again. I just don't see a ban happening and extra regulation helps SUP and deters new entrants. SUP are an efficient consolidator and have the firepower to conform to any new regs.

Meanwhile they grow their number of users and actually make a profit from selling vape products, something that big tobacco could only dream of.

A general rule of thumb is that 1ml of e-liquid is about equivalent to 20 cigarettes. So, 10ml would be 200 cigarettes.

Heavy smoker might get through 10ml in a day. 10ml is the hero product. £1.
So a heavy smoker gets through £7/week.

vs cigarettes. £12/pack. £84/week.

So there is a major trend to move from smoking to vaping for both health and economic reasons. The cost of living crisis means smokers will become vapers.
Posted at 18/10/2023 14:29 by kalai1
Supreme plc issued a trading update for the 6 months ended 30th September this morning. Trading is in line with management’s expectations for FY24 revenue of around £195 - £205 million and Adjusted EBITDA of approximately £28 - £30 million. This would equate to FY topline growth of 28% and adjusted EBITDA growth of over 50%. The Elf distribution opportunity has exceeded initial expectations and contributed to around half of the reported revenue and gross profit growth in the Period. Profitability ratios are high, the balance sheet is solid. Valuation also looks very attractive with forward PE ratio at 6.9x top quartile for the sector, dividend yield at nearly 3.6% is decent too. Share price lacks positive momentum, there is no rush to buy. But SUP is certainly worth monitoring for the longer run...

...from WealthOracle

Your Recent History

Delayed Upgrade Clock