Supreme Share Discussion Threads

[shanklin] 09/12/2021 09:09

Hopefully loaded on to Youtube soon as I could not make yesterday's presentation,

[taursus] 08/12/2021 16:09

I agree that it was a comprehensive and confident presentation. Based on what was said in commentary and disclosed in the presentation, the consensus numbers for FY22 and FY23 look under-cooked to me. Particularly impressive is that the growth in earnings this year will be achieved despite an extra £1.1m being spent on advertising, mostly in promoting the 2 vitamin brands. It looks like growth in the SN&W division has been underestimated but I suppose more growth than analysts expect may lead to extra investment in promoting the brands so may not lead to extra immediate earnings growth.

It is also clear that Supreme should not be paying a dividend; instead the money should be retained to fund expansion plans.

[cockerhoop] 08/12/2021 14:19

Yes, a comprehensive run through of the business and H1 results.

I think both Sandy & Suzanne come across well.

Hints of further M&A in H2 along with consolidation of the 5 Trafford Park sites into a single unit in the next 18 months.

Vitamins - Millions in Poundland on soft launch (successfully received) but hard launch in Jan with TV ads with Davina and products in 2 further discounters. Vitamin C now produced inhouse, B complex in Jan.

Revenue from customer wins in Vaping will build over the next 18 months. Capacity to double vaping production. NHS contract will require £0.5m per sku investment to qualify for contract. (so maybe £1.5m in total)

SCI-MX - have managed to retain all significant accounts. It has also facilitated opening of an account with Tesco with potential to x-sell.

[ali47fish] 08/12/2021 13:00

any one seen the presentation please comment

[missmimz] 08/12/2021 10:02

Investor Presentation today 11am

Presentation and Q&A for retail investors covering the Company's interim results at 11.00 a.m. on Wednesday, 8 December 2021.

The online presentation is open to all existing and potential shareholders and registration is free. Questions can be submitted during
the presentation and will be addressed at the end.
To register for the event : www.equitydevelopment.co.uk/news-and-events/supreme-investor-presentation-dec2021 .

[dr biotech] 08/12/2021 07:56

SCSW tweeted;


#SUP one of the GP3 holdings sold down since November for no reason and now getting the "melt up" Just off my call. First take - despite cost headwinds, gross margin rising in all but 1 division. Vape and Sports & Nutritional key drivers. 2.2p maiden div.

[masurenguy] 07/12/2021 16:37

Nice close having added a few more @194p this morning.'

[nw99] 07/12/2021 15:58

Worth a buy here

[dr biotech] 07/12/2021 14:10

On Kitwaves forecast earnings for 2022 it’s about 11, but that was before the materially ahead TU. as with this one it’s a slow burner. I have about the same size holding in each.

[danb45] 07/12/2021 13:14

Yes but KITW shares look very expensive - P/E of 117 !! SUP P/E of 20

[dr biotech] 07/12/2021 12:18

I have just crept into the black here. Today’s results were largely telegraphed ahead, always helps to release good news on an up day. I have a holding in a similar company (kitwave) that issued a materially ahead statement when we had the heavy drop and the shares are still below where they were. Markets aren’t always logical.


Would be nice for them to state what market expectations are. I notice that SDI did that this morning. Saves PIs having to dig for them.

[dougmachin] 07/12/2021 10:55

About blooming time!

[danb45] 07/12/2021 10:21

struggling to get a buy quote but no probs with a dummy sell - good to see SUP on the up :-)

[aishah] 07/12/2021 09:19

Equity Development:
We initiate today on #SUP with a fair value of 250p, underpinned by peer group comparisons and separately supported by the inherent value that resides in the Group’s Vaping division. Our full note is in the replies 👇and we're hosting a presentation tomorrow at 11am. @SupremePLC
@equity_research

[sphere25] 07/12/2021 08:47

Slightly ahead of expectations going forward then, which could result in a bigger beat. The market will clearly continue to keep an eye on the interesting Vape and SN&W divisions.

Overall though, it's what you expect from SUP - all very bland in terms of price action. There is still a seller in size at work so more of the same. Keep an eye open for greater activity that could pave the way for a re-rating but as you were for now.

All imo
DYOR

[boonboon] 07/12/2021 08:43

How long before Chilltime reiterates no dividends and an imminent placing?

[joe say] 07/12/2021 08:04

Pleased with those results - full year market expectations reiterated.

[dougmachin] 07/12/2021 07:54

Deleted as info already posted.

[bull19] 07/12/2021 07:51

20% increase in earnings and 3.5% dividend. What's not to like! Although I've seen enough share price drops following good results to not be surprised if this drops this morning. LTH for me anyway

[edmonda] 07/12/2021 07:48

#SUP Maiden H1 results from Supreme confirm strong progress driven by organic growth, bolt-on acquisitions, new products and new customer wins. The scaling of its manufacturing, a clear point of differentiation, is behind the margin improvement and evidence of a strong, entrepreneurial management team. The outlook remains positive and an interim dividend of 2.2p has been proposed. The company is profitable, backed by cash flow and has plenty of top line growth potential, with management delivering both strategically and operationally.

We set our current fair value at 250p per share. We see this underpinned by peer group comparisons and separately supported by the inherent value that resides in the Group’s Vaping division, reflecting the significant amounts of cash that ‘big tobacco’ is spending on solutions, particularly those that are resonating as well with the consumer as Supreme’s offering.

[masurenguy] 07/12/2021 07:45

Vaping up 13% and sports nutrition, although new, up 192%, margin and EBITDA both up 20% plus a good start to H2. Maiden dividend of 2.2p payable in January. What's not to like !

Sandy Chadha, CEO of Supreme, commented: "The combination of Supreme's extensive retail relationships combined with our high volume, great value product proposition continued to underpin our strong profit performance in the first six months of trading in the current financial year. Our market-leading Vaping category, alongside our high growth Sports Nutrition & Wellness division, continue to outperform their respective markets - further demonstrating our ability to attract and maintain consumer demand. When combined with the operational developments we have implemented, including the acquisitions of Vendek and Sci-MX alongside the launches of Millions & Millions and Sealions, this has been an important period for our business, as we continue to leverage our unique capabilities and integrated approach to accelerate performance. The 2nd half of the current financial year has started well and our established business model, and diverse product portfolio, provides the Board with confidence in the Group delivering a good performance in the 2nd half and beyond."

[boonboon] 07/12/2021 07:18

Good results and nice dividend

[boonboon] 20/11/2021 18:42

Sealions already starting to expand their offering. 56 different products now. For example meal replacement shakes. https://sealions.com/collections/all/products/meal-replacement-shake

[ali47fish] 19/11/2021 18:38

thanks sphere- nice to read I am afraid I haven't got your level of sophitication!