Warpaint London Share Discussion Threads

[villarich] 09/12/2024 08:27

Wrong again eh smelly?

[lammylover] 09/12/2024 08:10

Okay so the number of new shares we receive will be paltry; but the real story is that the retail offer "was massively oversubscribed".

Hopefully we will see the share price move back towards 600p soon.

[ynot68] 09/12/2024 07:52

Anyond fancy doing the arithmetic on a holding of 147k shares, and an application of £25k. Asking for a friend.

[3ootuk] 09/12/2024 07:21

Soft Pre-emptive allowance Calculation: shareholder existing shares X 3.783% (Dilution from total new shares being issued pursuant to the Placing and Retail Offer) = Soft Pre-emptive allowance allocation shares. Additional Demand: (Total Order shares - Soft Pre-emptive allowance allocation shares) x 7.09751% = Additional demand allocation shares

[bigbigdave] 09/12/2024 07:04

Warpaint London plc ("Warpaint" or the "Company") (AIM:W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, is pleased to announce that, further to the announcement made on 5 December 2024 regarding the proposed Retail Offer (the "Retail Offer Announcement"), and following the closing of the Retail Offer on 6 December 2024, 196,078 Retail Offer Shares will be issued at 510 pence per Retail Offer Share.

Capitalised terms not defined in this announcement (this "Announcement") have the meanings given to them in the Retail Offer Announcement.

The Retail Offer was very significantly oversubscribed and therefore allocation was made to existing Shareholders applying the principles of soft pre-emption. Shareholders were allocated 100% of their soft pre-emptive allowance. Where the order was greater than the soft pre-emptive allowance shareholders received c.7% of their additional demand(1). Consequently, 196,078 Retail Offer Shares will be issued in relation to the Retail Offer.

[onjohn] 07/12/2024 13:19

BA pension scheme top up a worry

[big7ime] 07/12/2024 12:26

Interesting week. Little disappointed at the TU not blasting the doors off but still on track and happy to hold, the acquisition looks ok to me.
If small and mid caps start to move up as CR predicts above then that bowl he points out on LIO is a particularly good opportunity imo, I have been filling my boots this week, with a div yld of 15% the shares look ridiculous value. PIs favour POLR as their AUM is already rising healthily, LIO should catch up as they are more uk/sm cap

[qsmeily456] 06/12/2024 20:26

Correct 🐘🐓 and now it's can buy the shortfall lower thus making a decent profit 🍾🥂💰🤣

You'll never be rich or own a villa 🤣

Villarich

5 Dec '24 - 16:31 - 3294 of 3305
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Let’s be clear…you have just said you sold the shares you subscribed for before the placing has completed.

[qsmeily456] 06/12/2024 17:45

And down it goes brilliant 🍾🥂💰

[qsmeily456] 06/12/2024 13:32

Back towards 510 placing price 🫨

[3ootuk] 06/12/2024 11:30

Looking closer at BA accounts, the only negative is the pension scheme needs topping up by £4.6m. BA has an agreement to top it up by £318k pa over ten years , so hopefully that will continue rather than a lump sum on acquisition.

[pyglet] 06/12/2024 09:45

Do you mean ULTA or ULTRA

[texaspete2] 06/12/2024 09:37

Upgraded outlook from Ultra Beauty in the US yesterday

[jdepp5] 06/12/2024 08:56

anyone recall allocation basis last May 24 for retail?

[villarich] 06/12/2024 08:55

Surely all this is built in to the current price though? Mr Market knows the price of the placing (510), knows it is oversubscribed, knows the proceeds are being used on a positive acquisition, and knows that some will likely dump their shares for a quick profit? And still the price is holding at 540ish. I'm hoping the amount at which the placing is oversubscribed limits the exposure to those who are out for a quick profit by limiting their allocation

[slogsweep] 06/12/2024 08:30

you me and a 1000 others with 7% discount to the offer price its bound to attract traders , wonder if they will clawback some from the placing, its been done before and the institutions will probably dump theirs for a quick profit at genuine shareholders expense, unless there is a lock in for say six month.

[faz] 06/12/2024 08:25

A J Bell sent out info very quickly and I've put in an offer for two lots (there's two of us!). They may well get scaled back - we'll see.

[qsmeily456] 05/12/2024 18:36

Ramper

510 placing

Usually shares hit placing price or lower

🐘🐓 c535 sell hopefully buying at 510 allocation so decent turn.

If not I've got excess shares sold at 535 so if the price is lower nice return....if not a loss simples

[rar100] 05/12/2024 17:06

Definately like the very last sentance, So 650 to 700 in January my bet. Yeah ok I'm being conservative :-)

Warpaint London said it has agreed to buy fellow London listing Brand Architekts in a GBP13.9 million deal. The colour cosmetics supplier, that owns W7 and Technic brands, will pay 48 pence in cash per Brand Architekts share. It is double the beauty sector challenger brand's Wednesday closing price of 24p. It values its entire issued, and to be issued, ordinary share capital at around GBP13.9 million. "The Warpaint board considers that Brand Architekts provides a similar opportunity as its previous acquisitions, and that the acquisition will enhance Brand Architekts' proposition and profitability as part of a larger, successful health, beauty and personal care business," a statement said. Warpaint's bid has the backing of Peter Gyllenhammar, who owns around a quarter of Brand Architekts. Brand Architekts Chair Roger McDowell said: "The Brand Architekts board has worked hard to deliver on the Brand Architekts Group's strategic priorities against a challenging environment and continues to have confidence in its brands and longer-term prospects. However, the Brand Architekts board recognises the certainty of value of the cash offer at a 100% premium to the current share price, against the backdrop of an uncertain macro-economic environment." Warpaint, meanwhile, proposed a placing to raise GBP14 million, with a retail offer to net another GBP1 million. The placing is for 2.7 million new shares at a price of 510p each. The retail offer will be for 196,078 new shares at the same price. "Warpaint proposes to use the net proceeds of the placing to repay the bridging loans which have been used to fund the maximum cash consideration payable by the company pursuant to the acquisition," it said. Warpaint expects annual results in line with expectations. It has seen "continued strong momentum" since mid-September.

[villarich] 05/12/2024 16:31

Let's be clear...you have just said you sold the shares you subscribed for before the placing has completed. We always knew you were an idiot and fantasist but you've finally rumbled yourself. Hilarious!

[qsmeily456] 05/12/2024 16:24

Let's be clear 4 Mr 🐘🐓

So apply for and pre sell in anticipation of an allocation....same as a 🩳 u 🐓

65 Dec '24 - 11:07 - 3280 of 3286 Edit
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Subscribed for 10k at 510 🫨 lets see what's allocated.

QsmeIly4565 Dec '24 - 13:13 - 3284 of 3293 Edit
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Pre sold into the spike......assume the some placing shares etc will be offloaded at some point 🤣

[villarich] 05/12/2024 16:08

He's the only person who got his full subscription before the placing closed. What a mug

[villarich] 05/12/2024 15:57

Haha you've finally done yourself in you absolute prat!You're saying you closed your 10k share placing order for 5.30? That hasn't even been filled. Undone by your own lies hahahahaha

[3ootuk] 05/12/2024 15:19

Doesn't BA have £7m net cash from the last accounts? If so then are we paying half the price in reality if we get the cash?
As kemche said previously.

This looks like an excellent acquisition as they sell into many of our current stores so the synergies are there to enhance BA earnings, as well as expand W7L offering.

Massively oversubscribed and hardly a hit on the share price.

It's a pity I have very little cash as it's a good opportunity to top up, but I've put in for what I can.