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SUP Supreme Plc

128.00
4.00 (3.23%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Supreme Plc LSE:SUP London Ordinary Share GB00BDT89C08 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  4.00 3.23% 128.00 31,612 16:35:00
Bid Price Offer Price High Price Low Price Open Price
122.00 126.00 125.50 124.00 124.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Household Appliance Stores 155.61M 11.97M 0.1020 12.16 145.49M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:00 UT 606 128.00 GBX

Supreme (SUP) Latest News

Supreme (SUP) Discussions and Chat

Supreme Forums and Chat

Date Time Title Posts
24/4/202418:49Supreme imports floats on AIM1,211
21/1/200121:49SUPERFRAME2
11/1/200123:00SPERFRAME a Super Shell ?-
11/1/200123:00SUPERFRAME a Super Shell ?-

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Supreme (SUP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:00128.00606775.68UT
13:55:31126.00269338.94O
13:55:31126.0078.82O
13:55:31126.00236297.36O
13:54:46126.003,4004,284.00O

Supreme (SUP) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Supreme Daily Update
Supreme Plc is listed in the Household Appliance Stores sector of the London Stock Exchange with ticker SUP. The last closing price for Supreme was 124p.
Supreme currently has 117,333,835 shares in issue. The market capitalisation of Supreme is £145,493,955.
Supreme has a price to earnings ratio (PE ratio) of 12.16.
This morning SUP shares opened at 124p
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 24/4/2024 07:27 by edmonda
"Trading update highlights scale of growth"

In a Trading Update for the twelve months to 31 March 2024 Supreme expects to report revenue of c.£225m, and (adj.) EBITDA of at least £38.0m, in line with market expectations, which had been revised upwards during the course of the year and represents almost double the FY23 level. The Group closed the year debt free.

Our outlook highlights the extent to which Supreme has expanded, through both acquisition and organic growth during the period. From 2020 to 2024E the Group will have grown sales by 144%; Vaping +3.9x and all other Business Categories outside Vaping (Batteries, Lighting, Sports Nutrition & Wellness and Branded Distribution) +31%. Notwithstanding the impressive growth track record to date, the Group remains committed to complementary acquisition opportunities.

On the same basis, FY20-FY24E revenue will have grown at a 25% CAGR (FY20-FY25E, 20% CAGR) and (adj.) EBITDA at a 24% CAGR (FY20-FY25E, 15.1% CAGR).

The update shows the scale of Supreme’s growth in recent years with FY24 backed by organic revenue and profit growth across all divisions. Comparison of our FY25E outlook with a group of (18) companies representative of each of Supreme’s core Business Categories highlights the Group’s relative discount on a FY25E EV/(adj.) EBITDA 4.2x multiple compared to an overall average of 11.0x. Our Fair Value remains 225p/share, indicative of 7.5x FY25 EV/EBITDA.

Link to report:
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 14/2/2024 14:50 by adamb1978
Always very hard / impossible to link buyback to share price performance, partly because volumes arent that material and partly because there are 1000 other factors driving a share price

However if you look at TIG, their buyback is 10% of market cap and the share price has moved up in a market which has been soft
Posted at 30/1/2024 13:52 by edmonda
"Trading update: an excellent quarter" - full PDF research report (free & accessible) is here:

In a Trading Update for the 3 months to 31 December 2023, Supreme reports “excellent trading performance” during its traditionally busiest quarter, leading to the expectation that FY24 revenue should be at least £225m with (adj.) EBITDA of at least £38m (our estimates were £221.2m and £33.5m). Supreme highlights in particular the success of ElfBar distribution revenue and the Vaping division as a whole, plus growth in Sports Nutrition & Wellness.

The Group also notes the UK Government decision to ban disposable vaping devices and will work to manage a seamless transition to alternative ‘pod’ devices which retain a major role in reducing tobacco smoking.

Supreme also announced a £1.0m share buyback programme to be conducted over the coming three months. Our Fair Value remains 225p/share.
Posted at 29/1/2024 08:44 by adamb1978
Thanks Babbler. So maximum exposure to gross profit, using their segmental margins, is:

1) £8m @ 40% margin = £3.2m
2) £26m @ 11% margin = £2.9m

So total of £6.1m if:
- all goes to zero and those customers don't move to other vaping products
- SUP takes zero actions on the opex to offset

Those two assumptions look daft, so lets say that:
- half the customers move to other products....very conservative!
- there's £500k in offsetting cost cuts taken

Means you have a £2.5m impact on PBT, which knocks out about 20% of EPS, so possibly just over 6p EPS in H1, or 12p annualised.

Share price in the 90s therefore means a PE of 8x based on very conservative assumptions.

Adam
Posted at 27/1/2024 20:52 by adamb1978
Of the above scenarios, I'd hvae thought 1 and 2 are the most likely decisions that the majority of consumers make.

Given the current multiple, the share price already factors is a decent amount of bad news. In theory, any decision should only impact the share price is worse than that bad news, though in rocky markets can never really know
Posted at 27/1/2024 13:08 by texaspete2
And a piece on BBC news today saying Over four million illegal vapes seized at border, if they crack down on that, more business for SUP. News either way on the consultation will significantly move the share price, if its downwards I would expect that to be temporary and I'll be ready to add.
Posted at 09/9/2023 20:26 by topvest
Supreme play by the rules. Sandy Chadha is a very rich self-made man and is perfectly entitled to make a donation to the Conservative Party. Many companies and individuals make political donations. No doubt everyone will jump on this, if it makes a good political story.

The only mistake, with hindsight, is using his private company with the word "Supreme" in the title as the press are too thick to differentiate between the two...and this makes a good story. I suspect it will continue to hit the share price and then blow over with time. It has no impact on current trading.

Vaping is very trendy at the moment and needs better regulation. However, most consumable products are bad for your health and/or the environment, if consumed to excess. Vapes are no different to alcohol, sugar, high fat, tobacco, no exercise etc. etc. People need to take personal responsibility, but they should definitely not be sold to under-18s which is something that Supreme are very clear about. Supreme are not the end vendor and so its a change in regulation that is required if shops are selling to under-18s. Maybe packaging rules will change as well.
Supreme share price data is direct from the London Stock Exchange

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