The Artisanal Spirits Share Discussion Threads

[edmonda] 20/1/2022 07:54

#ART today beat market revenue expectations with 20% growth and delivered 15% growth in membership numbers, an important lead indicator of future growth. Our 150p fair value, implies a 5.5x EV/sales ratio and is 60% above today's share price.

[waldron] 28/12/2021 12:47

Chuckle

I tend to buy wifes paintings to prevent her selling them too cheaply

also i really like them

once she gets her new studio she hopefully will start painting again

Not sure what colour period shes into

already done the blue, grey and red

perhaps green and shabby chic

[blueball] 28/12/2021 12:37

A maximum of 55 paintings in existence compared to Picasso 's 13000 makes them a good investment waldron.

[waldron] 27/12/2021 19:30

cheers blue

[blueball] 27/12/2021 18:18

Syd Barrett painting sold for 5 times its estimate in May 2021.

[dabbler10] 10/12/2021 18:32

I called about the commemorative bottle a couple of weeks ago and they just said that there was a delay. It arrived today. Let’s give them a break. Investments aren’t about freebies and the service is usually very good

[quazie12] 02/12/2021 09:35

If you were allocated 1,000 shares around flotation, you will receive a complimentary commemorative ASC 18yo single malt which ships November according to smws member services. That was promised months ago. Now I ordered a couple bottles of JG Thomson inaugural releases yesterday, they shipped yesterday and they arrive today. Clearly a case of broken shareholder promises already. Good job

[quazie12] 01/12/2021 22:31

And anothet....trot on

[quazie12] 01/12/2021 22:30

Who the F are you exactly, a paid company troll ?

[quazie12] 01/12/2021 22:30

Am fairly sure at initial IPO tgat subscriber shareholders were promised a special release bottle in November 2021. If any of the BoD are reading this........,,,,

[oshy92] 01/12/2021 10:14

Morning. Artisanal are presenting at "2021 IPO Webinar" tomorrow (along with Pyx Resources and Insig AI). Kicking off at 9.30am UK time. They will be the second of the three companies up, at around 9:50am. Registration below:

hxxps://us02web.zoom.us/webinar/register/WN_hO4Xn3VTRACr1RbctxSBSA

[km18] 26/11/2021 13:36

From WealthOracleAM a few months ago.....

The Artisanal Spirits Company plc is a United Kingdom-based company that is focused on providing single cask scotch whisky and other spirits. The Company's brands include The Scotch Malt Whisky Society (SMWS) and J.G. Thomson & Co.

SMWS is a curator and provider of single cask scotch malt whisky for sale primarily online to a discerning global membership. SMWS was established in 1983. SMWS has its presence in the international whisky markets of United Kingdom (UK), China, United States of America (USA) and Europe. J.G. Thomson & Co. is a wine merchant and an independent whisky blender. Current market cap is around £21m.

[quazie12] 18/9/2021 07:58

Flotation was a complete disaster this year. Clearly overpriced and the hype has not convinced the market. Someone who was allotted free shares in this has clearly been dumping them so that begs the question as to who and why.

[quazie12] 18/9/2021 07:56

JG Thomson as a brand has been round for over 100 years so not anything new, its more a rebrand. Good results until we get to overheads and of course ultimately, losses at bottom line.My feeling is management are far too well rewarded here. The rewards should be for overall profitability not promises.

[18bt] 17/9/2021 13:46

Good presentation on Investor Meet - very comforted about the opportunity and the store of value being created in the stock, the new JG Thomson brand and the the revival of the multi-channel distribution. Aiming to double sales by 2024 with improving margins.

[18bt] 16/9/2021 12:41

Decent start - increasingly a play on US and China.

[18bt] 16/9/2021 12:41

Decent start - increasingly a play on US and China.

[18bt] 16/9/2021 12:41

Decent start - increasingly a play on US and China.

[edmonda] 16/9/2021 12:05

The Artisanal Spirits Company, through its ownership of the Scotch Malt Whisky Society is well positioned to enjoy sustainable growth. The company boasts growing membership numbers, rising spend per member and a unique approach to sourcing some of the world’s most cherished super-premium malt whiskies. In our view, these qualities are not reflected in the current share price which implies scope for a rerating of the shares as the growth proposition becomes better understood.

ASC is already a high gross margin business and appears likely to become more so. The company is confident it can increase gross margins in the next decade from their current year expected 63% level to nearer 70% as the cost of its purchases of whisky stock drop by around £2 per bottle. In our view gross margin strength should offset investor concerns about the current lack of bottom-line profitability. Moreover, EBITDA was positive in H1. SMWS enjoys a substantial asset backing in terms of maturing whisky stock. The company estimates that on 31st August 2021 the realisable retail value of its inventory of in-cask super premium whisky is of the order of £350m. We think investors should note the value of these Scotch whisky assets in the context of the current ASC market capitalisation.

We conclude that a fair value for The Artisanal Spirits Company is 150p / share based on relative value analysis covering not only EV/sales, but also comparative gross margins.

[macc1] 16/9/2021 08:43

Here's video RE: this morning's results: