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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Supreme Plc | SUP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.50 | 0.90% | 169.00 | 16:35:06 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 167.50 | 167.50 | 170.00 | 169.00 | 167.50 |
| Industry Sector |
|---|
| SUPPORT SERVICES |
| Top Posts |
|---|
Posted at 26/11/2024 11:09 by ggplyr Yes they went up in october, not all shops passed them price rise on immediately, but supreme had increased their prices to retailers from october (i questioned this through investor relations when i still saw them retailing for £1 at the end of October)Sandy thought there would be zero impact on volume following the price rise. I'm not sure i can make the investor presentation today, so if anyone could ask the question "has the 10ml liquid price increase to £1.20 impacted sales volume from the EPOS data you have access to, and how much of the 20 pence is Supreme retaining as gross profit" that would be greatly appreciated. This will feed through to GP in the second half. I dont know if retailers knowing the rise was coming ordered additional stock before it did. Lets hope not, otherwise this half just reported would have inflated sales. |
Posted at 07/11/2024 12:27 by ggplyr If you read B&Ms annual report it says it pays invoices with in 26 days, but the P&L and balance sheet show 41 unless my calcs are wrong.The 26 days must would be an audited figure- so i put the difference down to suppliers invoicing them at the end of month, when they receive the invoice they pay 26 days later on average, but its already been an average of 14/15 days since they had the goods. But if anyone has any other theories shout up. Re Supreme's products being the most profitable in store, Sandy did say that one investor presentation, he said they put them on stop, doesn't matter who they are, if they are one day late. However, the following year there was a lot of overdue invoices within the trade receivables aging note, so I'm not sure how true this is still. |
Posted at 06/11/2024 10:49 by ggplyr Thanks for your message RabidDog, I love a challenge! ok lets dig deeper here. I’ll stick to my analysis to what are the more concrete assumptions.Supremes Duty Collection per year: 88vape are 1/3rd of the volume by market, I don’t think this is disputed?, and the tax is to be applied to the market @ £2.20 + VAT per 10ml. So we can assume 630m x 1/3 = £210m based on the gov.uk document Let’s check this with what else we know. Last year 88 did 77m bottles of liquid, the majority are 10ml. If they continue to do the same volume that’s 77m * £2.20 x 1.2 (VAT) = £203m. So we are in the right ballpark. (As a side note, the government aren’t actually forecasting a drop in demand following the tax) Payment terms Customer payment terms are circa 60 days. Taken from the balance sheet & P&L; Trade and other receivables = £36m. Sales = 221m which gives us trade receivables days of 36/221 x 365 = 59 days. Duty payment terms OK, I have initially assumed that they don’t qualify for “duty suspense”. Do I know they will get this or not. No, I don’t. But let’s assume they don’t, and then assume they do. -Don’t qualify for “duty suspense” Suzanne (CFO) has said previously they hold very little stock & quote 1 – 3 weeks worth. I can find this on one of the investor presentations if required. So, this where I came up with the 15 days worth of stock from. Giving a total 75 days worth of tax they have paid, but not recovered. Impact on working capital = 75/365 *200m = £41m -Do quality for “duty suspense” Duty is paid 14 days the following month, this averages to 29 days worth. (1st of the month gets 29 days + 14 days before having to pay the duty and VAT, last of the month gets 14 days before having to pay. Assume sales occur linearly. This gives about 29 days where they don’t have to pay the duty). So now to get our working capital: trade rec days (59) less duty payable dates (29) = 30 days. Working capital requirement = 30/365*200 = 16m. That said, I believe as an absolute minimum they are looking at £16m working capital, I haven’t allowed any headroom for lumpiness here where you could get a large orders right at the end of the month. A Large customer paying even a week late could also be a problem, it’s a much larger risk than a normal business because supreme are selling a product to the customer for £0.4, but are liable for taxes of £2.84. I’ll pause for your feedback here before delving into lost mary and elfbar, which is where I have layer assumption onto assumption. Looking forward to you response. |
Posted at 28/10/2024 14:48 by edmonda Save the Date! 26th November - Investor Presentation (link to register below)Supreme (AIM:SUP), a leading manufacturer, supplier and brand owner of fast-moving consumer products, will be conducting an Investor Presentation covering its interim results for the six-month period to 30th September 2024. The online event will be hosted by Sandy Chadha (CEO) and Suzanne Smith (CFO) and will take place at 2.00pm on Tuesday 26th November. This is open to all existing and potential shareholders. Questions can be submitted during the presentation and will be addressed at the end. Register here: |
Posted at 03/7/2024 15:04 by edmonda Supreme plc - video recording - Investor Presentation (FY Results)- 2 July 2024Link to full video: Sandy Chadha (CEO) and Suzanne Smith (CFO) of Supreme plc hosted an Investor Presentation covering details of their results for the year ended 31 March 2024. These included strong trading across FY24 in all divisions, and almost doubling of profitability overall. Management highlighted record levels of cash generated from operations, and ending the year bank debt-free. The team discussed the recently-announced acquisition of Clearly Drinks, which provides product diversification and is immediately earnings enhancing. Finally, Supreme touched on the continued positive trading momentum into the first quarter of FY25, and answered a range of questions submitted from viewers. The full video is dividend into chapters as below: 0:00:03 Introduction to Supreme and key investment highlights 0:05:39 Financial & Operation highlights 0:09:01 Vaping 0:16:43 Sports Nutrition & Wellness 0:17:56 Lighting 0:19:09 Batteries 0:20:05 Ark, Trafford Park 0:21:51 Clearly Drinks acquisition 0:26:53 Financial Summary 0:31:44 Outlook 0:32:51 Questions & Answers |
Posted at 01/7/2024 13:32 by gb904150 It's a nice breakout and will be getting all those momentum investors interested....and I suspect a few II's too. |
Posted at 29/4/2024 10:25 by carcosa In summary:Supreme CEO Sandy Chadha discusses the company’s strong financial performance, future prospects, and industry trends in a Q&A session. Highlights: - Supreme’s adjusted EBITDA nearly doubled to £38 million, with sales up 44% to £225 million. - Despite regulatory uncertainty, demand in the vaping industry remains robust, with a shift towards pod systems anticipated after the ban on disposable vapes in April. - Higher margins are expected with reusable vape cartridges, with plans to manufacture them in the UK. - Supreme is in a net cash position, considering options like dividends, share buybacks, or strategic acquisitions to utilise cash (preferred option). - The company’s other divisions, including batteries, lighting, and sports nutrition, are performing well, positioning Supreme for continued growth. Anyone else thought the VOX video opening/closing sequence, including music, was a version from Proactive Investors? |
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 presen 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 06/1/2024 00:58 by elrico Supreme plc has swept up Foodiq UK Holdings Ltd for a mere £175,000, a move that veers sharply from the conventional wisdom of finance given the state of Foodiq Holding’s finances. Far from a gamble, this acquisition seems to be a masterstroke in Supreme’s grand design to fortify its standing in the ever-expanding arenas of protein and vitamins, which should help cushion the Company from the throw-away vapes.Although at first glance, you may think I have gone way too deep into what is a relatively short news item, and for just £175,000, is it really worth it? There is an excellent reason I have dedicated so much effort to this particular acquisition. I sense it will serve as a good thesis for SkinBioTherapeutic&r It should be noted that Foodiq’s financial situation is not looking good. Their net worth has gone into the negative at -£782,624, and they have a substantial net current liability of £1,642,032. However, Supreme’s decision to acquire Foodiq for only £175,000 suggests that they have a strategy that goes beyond just looking at the numbers. Even though Foodiq’s assets cost almost £1.2 million, investors should know that Supreme’s accounts will absorb any losses or liabilities. This means that while the deal may seem sweet, it’s not relatively as straightforward as it appears. Nonetheless, it’s unlikely to threaten Supreme’s cash resources, which will become apparent soon. Supreme’s acquisition is not just a purchase; it’s a veritable chess move. The prize? A cutting-edge, fully accredited, automated contract manufacturing facility nestled near London. This facility, barely a year and a half old and constructed at a hefty sum of nearly £1.2 million, is a jewel in the crown of Supreme’s manufacturing empire. The increase in wellness manufacturing capacity by a staggering 40% propels Supreme into a new echelon in the competitive protein and vitamin market. Continue... |
Posted at 29/11/2023 12:59 by edmonda Investor Presentation video recording (Interim Results - Nov 2023)Link here: Sandy Chadha (CEO) and Suzanne Smith (CFO) of Supreme plc ran investors through highlights of strong H1 results which included growth in revenue, EBITDA and pre-tax profit. The company upgraded profit guidance for FY24 on the back of a strong start to H2. Management discussed each business category and highlighted the outstanding performance in Vaping, also touching on proactive measures already being taken in advance of possible legislative action from government. The team also answered investor questions in a wide-ranging Q&A session. The full video recording is now available, divided into chapters as below: 0:00:31 Vertically integrated platform 0:02:32 Key investment highlights 0:06:08 Financial highlights & Operational summary 0:09:06 Outlook 0:11:20 Vaping 0:12:32 Branded Distribution 0:13:44 Legislation & proactive measures 0:16:02 Wellness & Sports Nutrition 0:17:28 Lighting 0:18:39 Batteries 0:19:46 Financials & Summary 0:25:44 Questions & Answers |
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