Warpaint London Share Discussion Threads

[big7ime] 20/9/2024 14:37

QS ballsed up yet again, so sad 😩. No, this is heading back thro 600 on to a new high, why wouldn’t it? profits up 75% and are only going to keep rising.

Stop embarrassing yourself mate, stop Trying to be clever, buy and sit on them. They will be over 1000p next yr.

Consistent with previous years due to Christmas gifting orders and the Group's momentum, sales are expected to again be second half weighted
And margins are expected to continue to improve.

[villarich] 20/9/2024 10:18

What's the saying Smelly? You couldn't predict your birthday? "And down it will go ?5 test maybe even 460 coming ?It was always ahead FV about 475 where it should settle ?Pe of 15 on fe is 475 ish ?"

[3ootuk] 20/9/2024 10:05

Perhaps he needs it to buy Starmers wife a load of makeup?

[qsmeily456] 20/9/2024 10:00

He knows this is ahead, over priced. I'll await 450 and keep 🩳 silly spikes 🤣

[johndoe23] 20/9/2024 09:26

He could have sold for any myriad of reasons, presume mainly to do with impending budget news. He may fully deserve financial security for his family.

[sogoesit] 20/9/2024 09:04

Interesting way to buy a new kitchen... I hope noone tells my wife 'tho!! Lol.

[melton john] 20/9/2024 07:37

Back in another lifetime I was awarded options in the company I worked for in lieu of a pay rise as there was a recession at the time. When they vested the company organised a buy and sell on the same day through their broker which meant no outlay from me. The net proceeds were paid to me via salary and were subject to PAYE.
Just illustrating the situation that the alternative here would be for our man to stump up over a £100k to buy and then pay the tax to keep the stock. That's why it's common practice to buy and sell and pay the tax in one go.
The timing is subject to limitations as an insider plus beating Cruella the Chancellor's probable changes to CGT.

[qsmeily456] 20/9/2024 07:28

Sales dropping

Costs increasing

Supply and distribution requirements greater

Large Inventory required

All going to impact this one 🫨🩳🌲🎄7795;🌴ӽ97;

[ayl30] 20/9/2024 07:27

No just treating wife to a new kitchen

[qsmeily456] 20/9/2024 07:26

And down it will go £5 test maybe even 460 coming 😜

It was always ahead FV about 475 where it should settle 🫨

Pe of 15 on fe is 475 ish 👍

[johnrxx99] 20/9/2024 07:26

yes, and he sold them all. Is he getting out quick?

[bigbigdave] 20/9/2024 06:11

Director exercising options 110k shs

[ayl30] 20/9/2024 05:50

Spending on health and beauty defies cost of living pressureshttps://www.thetimes.com/article/1e3a69aa-c11b-4690-903f-408a7a824d8c?shareToken=c65e37a5832ecd53e358f5f4fa0b6ee6

[disc0dave46] 19/9/2024 18:52

rarThere are three brokers covering this stock and they all have "buy" ratings.Based on The Beamish M score for earnings manipulation risk the rating is "Low Risk" which indicates the company is unlikely to be manipulating its earnings.Don't quite understand why you have in a few occasions now posted that there is something wrong here. If you do believe that, which is your prerogative, then sell up. If not then would kindly suggest you do more valid research about your investment.

[johndoe23] 19/9/2024 18:44

Rar are you short?

[disc0dave46] 19/9/2024 18:34

rarSimplyWallStreet is an algo driven automated pile of poo IMO. Flags some valid points sometimes but there's absolutely nothing untoward with the cash recognition / accounts here.They are capital light too so the depreciation angle is also complete nonsense.An ex CFO and accountant (Paul Scott from Stockopedia), now a well regarded investment analyst and commentator has given this the thumbs up on a regular basis following any trading updates. Suggest if you are worried by such absolute garbage then don't think the stock market is for you. I'll happily take your shares off you for 495.

[apad] 19/9/2024 17:04

"Cash of £5.5 million as at 30 June 2024 (30 June 2023: £7.1 million), reflecting the increase in stock and corporation tax paid on account in H1 and no debt. As at 1 July 2024, the cash balance was £6.5 million, reflecting cash receipts immediately post period end."
Lumpy income.
Big tax bill.
Rise in inventory to supply customers.
Seems OK.
apad

[qsmeily456] 19/9/2024 16:50

🩳🩳rus brilliant 🤣🤣🤣

[rar100] 19/9/2024 16:16

Now seen the Simply wall st page.

The risk analysis bit doesn't look good at all, now I'm worried



Snowflake Analysis

Solid track record with excellent balance sheet.

Data
Learn

Rewards
Earnings are forecast to grow 11.46% per year
Earnings grew by 106.1% over the past year

Risk Analysis
High level of non-cash earnings
Volatile share price over the past 3 months
Significant insider selling over the past 3 months

[rar100] 19/9/2024 16:08

I copied the below from LSE board.

I havent seen the Wall St article yet but you may have some comments to it, it's implying false accounting



Simply Wall St article may be causing a change in sentiment? Accrual ratio: 28%

This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognising revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management.

[disc0dave46] 19/9/2024 13:03

Must admit didn't think the selling would continue after the interims. But my first tranche was at 495 and more than happy to buy more below £5. My FY25 eps target growth is at least +15% worst case and looking at a share price of £7.

[johndoe23] 19/9/2024 12:04

Sorry 26.5

[johndoe23] 19/9/2024 12:03

25.5p for FY 25 is remarkably cautious. They could do that this year, maybe more

[74tom] 19/9/2024 11:55

How many years forward are we talking? 2025 is forecast at 26.6p, so it's on 20x next year's earnings right now. The problem I have with buying here is the Q3 growth deceleration to 11.6% and lack of growth in the US. The technical downtrend doesn't help either.

The discipline they have shown in overhead costs is remarkable, however I question how much they can really grow in the US without spending anything on marketing. Would some of the £8m PA they are spending on the divi be better used for building US brand awareness?

I think they risk getting caught between a growth & income stock, the result could easily be a derating back to 15-17x next years earnings, which would be around 400-450p.