Supreme Share Discussion Threads

[brummy_git] 17/4/2023 07:02

Better than expected FY23 results & upgraded guidance from FMCG products group Supreme today.

Thanks to a standout performance from Vaping alongside improved conditions within Lighting.

All the details here.

[dr biotech] 16/4/2023 11:07

Probably due a trading update this week. Hopefully will be better than last years.

[brummy_git] 11/4/2023 16:30

Many thanks eagle eye for the very kind words

[eagle eye] 11/4/2023 15:31

Congrats Paul Hill for Vox Markets.
What a great service you offer private investors.
I'm sure I'm not the only person here sharing this sentiment.
Keep up the good work!
Best wishes
Eagle Eye

[brummy_git] 09/4/2023 05:39

Yes I'm Paul Hill. Happy Easter everyone

[podgyted] 08/4/2023 18:50

You are Paul Hill and I claim my £10.

[brummy_git] 07/4/2023 13:32

Supreme discussed here yesterday on Vox markets - starts 11:10

[davidn67] 07/4/2023 13:07

https://videos.voxmarkets.co.uk/moment/44810/supreme

[11_percent] 05/4/2023 11:02

Am looking for an entry point here......but share price still in a down trend.

Trend now very shallow......lets see a reversal.




free stock charts from uk.advfn.com

[brummy_git] 02/4/2023 11:29

If anyone is searching for an attractively priced, economically resilient and repeat revenue consumer-facing business.

Then have a look at Supreme. All the details here.

Disclosure: I don't own shares

[dotsie] 24/3/2023 19:37

Bought in today at 95p, seem like good operators with plenty of growth opportunity.

[llama_investor] 17/3/2023 10:22

It seems like no matter how good the news here, persistent large sells appear to sink the price. There also still appears to be a regular seller in blocks of 10k, which does not help.

[topvest] 15/3/2023 21:07

Its a very nice deal and shows that the CEO is super smart and opportunistic.

[peterjones2023] 15/3/2023 08:26

I think will positively effect EPS but not adjusted ebit

[peterjones2023] 15/3/2023 08:25

Yes it should increases the balance sheet positively by £4m plus an on going contract to produce and supply Tjuice for 5 years from a business that was bought from receivers for £1.4m in Aug not bad for 6 months work

[peterjones2023] 15/3/2023 08:24

Yes it should increases the balance sheet positively by £4m plus an on going co tract to produce and supply Tjuice for 5 years

[cockerhoop] 15/3/2023 08:20

Hi Andy,

Am I right in thinking the new note doesn't adjust the balance sheet for the upfront payment of £3.97m?

[edmonda] 15/3/2023 07:40

Disposal of T-Juice intellectual property

New research note from Equity Development - link here:

Supreme reports that it has entered into an agreement with an associated company of La Vape Professionelle Distribution (LVP), a leading French wholesaler of e-cigarettes and e-liquids, for the disposal of the intellectual property (IP) of T-Juice, inclusive of the Red Astaire brand.

Supreme will receive an upfront payment of €4.5m (£3.97m) in respect of T-Juice brand IP, with the addition of income from consultancy services. The agreement ushers in a new strategic partnership in which Supreme will have exclusive manufacturing rights for T-Juice brands. We estimate that this will amount to at least €15.0m (£13.3m) in revenue over the coming five years, although the terms of the partnership – involving wholesale pricing arrangements – mean that our earnings outlook for the Group is unchanged.

Under the terms of the agreement with LVP:
• Supreme retains responsibility for flavour development and manufacturing, thus maintaining opportunities for supply chain synergies and improved margins.
• Enjoys simplified access to European distribution and expansion, at reduced cost, with LVP as the single point of reference.
• Has further cross-selling opportunities from the Supreme product portfolio.

We raised our outlook on the basis of strong Interim results and the subsequent Trading Update added evidence of continuing positive momentum supporting our outlook and our Fair Value of 190p indicative of a FY24 EV/EBITDA of 9.0x.

[topvest] 14/3/2023 19:25

Maybe the opportunity to sell 88vape in France as well using the new relationship? Looks a genuine win win situation. c£3m profit as well. Will make the FY23 accounts look better!

[topvest] 14/3/2023 19:04

Yes, seems very positive. Nice £4m upfront payment is good and will help pay down a chunk of the RCF.

[dicktrade] 14/3/2023 15:09

looks a great deal to me IMHO

[simmsc] 13/3/2023 11:21

He won't follow, he would have edited the post by now if he had any intention in putting it right. Just words.

[robbnw] 13/3/2023 08:29

Agreed . Good pinpoints and i will make sure i follow from now on

[spectoacc] 13/3/2023 07:59

Indeed - why pay?