Warpaint London Share Discussion Threads

[sphere25] 18/1/2021 10:40

Moved really well and a nice statement to confirm the bullish move. These are the ones that have provided some decent opportunities of late. The market has been slow to re-rate in light of the trading recovery. From the short term perspective, it has now reached the target area (as per many others) so over to market participants to decide on the next move - plenty of profit taking opportunities along the way. My two pennies worth says the next move will be a view on whether the upgrade cycle has just begun and whether the valuation has therefore factored in an extrapolation of the expected upgraded earnings. All imo DYOR

[spectoacc] 18/1/2021 08:08

Good t/s but even better - more Tesco expansion.

[ynot68] 14/1/2021 13:07

Hopefully The Hut will make a bid!

[spectoacc] 14/1/2021 12:46

Test of mid-90's going to be interesting, could get there soonish at this rate.

[spectoacc] 07/1/2021 14:54

Been due - who's tipped it? IC?

[euromedic] 14/12/2020 13:02

Very good uptrend on chart.

[ynot68] 14/12/2020 10:42

That's the best reason! Come on W7, been under radar too long!

[spectoacc] 14/12/2020 10:05

Not complaining, been a great move, but haven't seen much reason behind it (other than "cheap" :)

[fillipe] 11/12/2020 12:22

75p showing at the mo' and being paid in full for modest. Highest ask on show now 80p... f

[spectoacc] 09/12/2020 16:16

Agreed - 95p, tho not sure this rise will be the one to get there.

[sphere25] 09/12/2020 16:12

It would appear that another buy did happen. The offer was 71p and they paid 75p. A few folk have followed that buy in and now the market makers have closed off the buying at 73p with nothing available. They want 75p atm. It makes for an interesting position chartwise now - breakout contender. All imo

[spectoacc] 09/12/2020 15:53

Feels like a tip, lol. 40k bought at 75p earlier - bid was 67p.

[sphere25] 09/12/2020 13:24

You're not wrong here. It is going to take a tip sheet to get this going or a good trading update. Absolutely no interest here today. One buy today has shifted the price 2.2% higher. Imagine what one more could do? :-) There is a chequered history here with hitting forecasts so the market has been apprehensive on the rating. The balance sheet appears to support a big chunk of the valuation so IF there is more reassurance on the profit recovery, then this does look cheap here imo. It's hard to say how the recovery plays out but there is notable interest here of late with buyers in size coming into clear out sellers at these levels so something that caught the eye. There's another large print of 185,102 today, delayed from yesterday. It joins the list of significant trades here recently which could be a sign of greater confidence in the future here. Noted Scion being a holder, unsure if they are the ones who have been trimming abit as per SCS. SCS flew higher once they had sold the allocated line of shares so be interested to see any RNS on the back of recent exchanges here. Unsure about direct comparisons, but considering the ratings out there now with many expected to continue to be loss making, it does make you wonder whether the market has left this behind unnecessarily. Could be wrong of course, plenty of risk involved. All imo DYOR

[spectoacc] 08/12/2020 16:33

And CARD. W7L not High St tho, not sure who you'd directly compare it to. Main thing for me is that it's cheap - no debt to pull it down if things get worse, loads of potential when things get better.

[sphere25] 08/12/2020 16:24

SHOE, WRKS, SCS There is alot of bullish high street related share price movement at the movement, which hasn't fed through here yet (edit: as in has a high street related presence). Follows the theme of trying to find the laggards where the market has been slow to price in the re-rating. Find out shortly if this follows suit. Just an opinion DYOR

[spectoacc] 08/12/2020 16:17

It needs a tip I think, perhaps a 2021 one - seems to be well under the radar. Cheap, and should have a good Christmas in Tesco etc. Always the outside chance of a bid (THG been mentioned) too. Good luck.

[sphere25] 08/12/2020 16:05

Nibbled a few here. Some interesting exchanges recently here and abit of buying today so taken a small position. Really want to see that chart breakout above 72p to confirm a bullish signal rather than flat line city. Stop just under 65.

[albanyvillas] 23/11/2020 08:44

Interestings

[albanyvillas] 19/11/2020 13:24

Interesting

[ynot68] 17/11/2020 08:27

Solid company. Moves to its own beat. Needs to return to former glories. Perfectly capable of 150p

[nobilis] 17/11/2020 08:08

Rally hard to 100p

[spectoacc] 17/11/2020 08:06

Bought more on that - they'd sold off yesterday but the RNS strong today. Think they'll have a good Xmas in the supermarkets when much else is closed, particularly if it's new Tiers as expected, and with range/stores expanding (tho some not until into 2021). "The Company is pleased to announce that following a successful trial of an impulse range of products in 41 Tesco Express outlets, a range of 15 W7 cosmetics products will now be stocked in 209 Tesco Express stores from 18 November 2020. Furthermore, in addition to the core range of 190 of the Group's W7 products being sold in 56 Tesco Extra stores, four new lines will be introduced by Tesco in early 2021 into 605 Tesco Extra stores and Tesco supermarkets, while a further four new lines will be stocked in 96 of these stores. " Plus Wilko on top.

[ynot68] 23/9/2020 17:13

When trading environment returns to some degree of normality W7 should be in good position to capitalise. Roll on 2021.

[spectoacc] 23/9/2020 14:52

Valid points. Suspect they decided that prior to the renewed nationwide lockdowns. Still - if the Tesco sales really are going well, then they've more visibility.