Supreme Share Discussion Threads

[actscap] 15/1/2024 15:47

Good point. Underscores how they continually make efficiencies across verticals. It's another benefit of one of Supremes clear competitive advantages and something I believe the market undercooks.

[cockerhoop] 15/1/2024 12:39

As Sandy highlighted in the recent presentation, there's also minimal cost in running the scheme as they already have an extensive recycling network for their battery business.

[actscap] 15/1/2024 12:28

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.

[adamb1978] 12/1/2024 20:04

Trend is still upwards and valuation/metrics still look very favourable.

There's no black and white or sure things with investing, but the risk/reward balance with SUP looks very good to me. I added for the first time last week

[basem1] 12/1/2024 13:17

TU next week hopefully it was on the 10th last year

[basem1] 12/1/2024 13:17

You get some weird action here The true bid price has just moved up from 114.5 to 115.8 but the stock has gone from unchanged to down 0.5p

[basem1] 08/1/2024 10:13

Early morning treeshake to try for stock has not worked Onwards and upwards

[cockerhoop] 07/1/2024 10:56

Administrator was appointed on 30th December so unlikely Supreme will have taken on any previous liabilities.

[petersingh550] 06/1/2024 05:38

I understand NO OLD liabilities of Food IQ would of be taken by Supreme as it’s
A pre pack administration? Except staff TUPE .. your points seem valid
SO £175K with no LIbilities is not so shabby

[elrico] 06/1/2024 00:58

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’s proposed buy-build acquisitions, which are expected to be accretive, and similar acquisition logic applies.

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...

[ali47fish] 05/1/2024 14:23

i am heavily invested relativel and added to day- thanks rob

[robbnw] 05/1/2024 13:48

Ali . Never mind vaping changes , one reason I invested here and one only . Sandy Chadha. Superb leader and a real money making machine . I have my highest holding ever in Supreme and I would add and add

[aishah] 05/1/2024 12:05

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

[ali47fish] 05/1/2024 09:29

where are we wth the vaping legislation- that 's what is stopping me from adding

[basem1] 05/1/2024 09:20

Going better now Would like to see 1.20 today

[basem1] 05/1/2024 08:46

Well considering they were bidding 113.7p at the close we are actually slightly down on the dayMarkets have certainly gone risk off again Better not to announce anything decent again as it gets sold into

[11_percent] 05/1/2024 08:31

......for a consideration of £175,000.


.....a state-of-the-art, fully-automated contract manufacturing facility which was opened only 18 months ago at a cost of £1.2m.

[edmonda] 05/1/2024 08:02

"Acquisition of protein manufacturing assets"

Supreme has announced the acquisition, out of administration, of the trade and assets of protein manufacturer FoodIQ UK Holdings Limited for a consideration of £175,000. The acquisition brings Supreme a state-of-the-art, fully-automated contract manufacturing facility which was opened only 18 months ago at a cost of £1.2m. Situated in Hayes, West London the facility adds c.40% to Supreme’s wellness manufacturing capacity. It also provides a fully-accredited showcase for its wellness production capabilities and potentially opens up new customer opportunities.

Supreme derived c.69% of H1 revenue from its own brand and Elf Bar vaping products, however the Group has maintained its focus on development of its wellness products, with H1 growth (+17.5%YoY) for example boosted by a rebranding of its Sci-MX range of high protein powders, shakes and bars. Today’s acquisition further underlines the Group’s commitment to growth in its Wellness division.

Link to report:

[adamb1978] 05/1/2024 07:58

Yes, nice little bolt-on.

[kevph] 05/1/2024 07:07

Good business and a smart move today

[basem1] 04/1/2024 13:34

Funny how there seems no stock around at present. Not seen any huge buying

[cestnous] 04/1/2024 10:51

Sp rising today and yesterday

[cestnous] 20/12/2023 11:21

No company ever went bust by supplying something addictive to the public.regulation will be brushed off,got around and ignored. It’s just a waiting game.

[purplepelmets] 15/12/2023 15:27

Tedros is insane. After his response to the WuFlu(felate Xi and support forced jabs of experimental muck) nobody should pay the WHO an ounce of attention