Warpaint London Share Discussion Threads

[big7ime] 17/9/2024 09:07

Can see this reaching a new high as soon as this week..

[tomg23] 17/9/2024 09:02

Good reaction so far smelly. Are you back to being short again?

[johndoe23] 17/9/2024 08:58

Where's smelly?

[disc0dave46] 17/9/2024 08:54

If they do make 25p eps, and see no reason why not, then eps growth is 39%. For those that use PEG as a value metric (less than 1 is cheap) then a PE rating of 38x would still equate to a PEG less than 1.

[techtrader5] 17/9/2024 08:25

I have increased my near term price tgt to 685p based on technicals, whilst the fundamentals although I’m no expert imo look excellent. An early stage growth company. With increasing margin as it grows, what’s not to like, The eps says it all

[disc0dave46] 17/9/2024 08:14

Comment on Stockopedia - Shore ups this year forecast to 23.7p, but says that might prove too conservative.Yep!

[disc0dave46] 17/9/2024 08:04

Last years Q3 sales was about 55% of H1, this year it looks higher at 66%. So looks like H2 weighting could be higher than FY23. Similarly FY23 Q4 was 40% of the first 9 months of revenue. Assuming worst case FY24 Q4 ratio is as FY23 (ie 40% of £76m) then sales for the year of at least £106.4m. Best case Q4 with increased weighting circa £34m, thus Rev FY24 £110m eps circa 25p (forecasts are £106m Rev and eps 22.8p). Looks like a beat is more likely than not IMO.

[villarich] 17/9/2024 07:41

Same here, I'm going nowhere. It's more a comment on how cr@p the AIM market is. I bought more at £5 and I fully believe it will continue to increase. FY results will be mega

[drsmessguide] 17/9/2024 07:33

Sales almost certain to beat forecasts given the nine month figures and Christmas sales plus Walmart roll out planned for year end

[drsmessguide] 17/9/2024 07:31

Think you need to check sums there

[shanklin] 17/9/2024 07:27

They're 4.15p ahead on H1 EPS. If they just repeat that increase in H2, then that's 26.5p for the FY. Given the H2 weighting, I suspect they will do better than that.

IMHO, we might be looking at an EPS of circa 30p if sales hit the forecast £106m.

[madmix] 17/9/2024 07:20

Good H1 results IMHO.

If my sums are correct, Q3 sales growth was down to 11%, which may be a reason for the subdued response?

"Continued positive business momentum post period end, with Group sales for the nine months to 30 September 2024 expected to be approximately £76 million (nine months to 30 September 2023 £64 million)"

[disc0dave46] 17/9/2024 07:20

Still holding. Just not ignoring how the market reacts to slower comparable growth and folks taking well earned profits before CGT takes more.

[villarich] 17/9/2024 07:15

Initial pop at opening, then a slow drift into the red by close.

[big7ime] 17/9/2024 07:13

You can tell which posters lost their nerve pre-results

[pyglet] 17/9/2024 07:05

This certainly has 6 pounds written on it

[disc0dave46] 17/9/2024 07:05

VillaWas thinking the same thing.

[villarich] 17/9/2024 07:00

Great results. Given recent performance of shares on the AIM, I wouldn't be surprised if this drops today.

[qsmeily456] 17/9/2024 06:53

Well Phil ya boots 🤣🤣🤣

"In 2024 we know the following;

Q124 - £23.5m (+27%)
Q224 - £22.5m (+24%)

Based on the two prior years, I'd say it's highly likely that July + Aug comes in at around £22.5m, which would be +24% YoY growth.

If it does then YTD revenue would be £68.5m vs full year forecasts of £105.7m, leaving the final 4 months needing to find >£37.2m to beat forecasts"......

QsmeIly456

14 Sep '24 - 08:25 - 2853 of 2890 Edit
0 0 0
No need 4 luck Tom....wait and c the results 🤣

[drsmessguide] 17/9/2024 06:53

I would estimate 25-26p for the year given Q3 and Christmas sales plus expansion That would put it on a PE of less than 20 currently. Too cheap

[herbert0] 17/9/2024 06:52

Excellent results for a company that is on a high rating.

[sogoesit] 17/9/2024 06:50

Elf Beauty TTM P/S varies between 5.68 and 7.46 versus 4.66 for W7L.
With 10% y-o-y growth in upcoming FY 2024 that leaves room for re-rating with 60% minimum upside imv.
(One year TP = 835p).

[shanklin] 17/9/2024 06:48

Interesting how minimal the sales are in the US given the number of outlets mentioned. Hopefully the Walmart Xmas sales will increase awareness and help grow sales strongly going forward

[big7ime] 17/9/2024 06:46

Wow, fantastic results much better than expected.

[hatfullofsky] 17/9/2024 06:42

Warpaint London Delivers Record First Half with Strong Sales and Profit Growth



Great results