Warpaint London Share Discussion Threads

[smokybenchod] 10/5/2017 08:46

croasdalelfc, i think you are forgetting that if it's 10p EPS this year (2017), then it's probably going to be 12p EPS next year (2018) which puts this share on a forward PE of 16.6 (next yrs EPS). Not expensive for a growth stock in a growth market, with no debt.

[saj3] 10/5/2017 08:42

Level 2 firming up at this moment in time!

[saj3] 10/5/2017 08:41

No point having a tight stop as you will get taken out by mm's as spread is quite big at times. I sold half at 190p a few weeks ago and leaving the rest to run.

[croasdalelfc] 10/5/2017 08:40

This is what I wrote in April:)Croasdalelfc - 06 Apr 2017 - 10:18 - 384 of 436 - 0There is a fair bit riding on the results- EPS of 10p for 2016 with a forward EPS of 12p for 2017 would see a rerating to 220 or more.But an EPS of 8p with a forward EPS of 10p would see a fall from these levels.R.E.M. In 2015 profit was £4.17m on £22.3m revenue so £6.4m (10p EPS)might be a big ask.Gross margin is a factor - it will increase as going forward more of group revenue is from W7 makeup and less from the close out business.A good forward looking statement is also crucial. Q1 figures? how are they going to achieve growth?, how will they use the iPo money, are they rolling out new brands? Etc

[ny boy] 10/5/2017 08:37

Bought some on the pull back, seems like good value going fwd.

[croasdalelfc] 10/5/2017 08:32

Rtj - look at UPGS

[runthejoules] 10/5/2017 08:30

The very Vegan product might be niche but it's a growing niche that's going mainstream. I almost got taken out but I think I'll stay in this one with my small stake as the expansion and branding will out. If the MMs are playing then somebody wants it.

[croasdalelfc] 10/5/2017 08:25

IMO the market was looking for closer to 10p EPS and the outlook statements were positive but not gushing as they have visibility on 4.5 months of sales for 2017. New products were a bit muted too and hard to sell new brands with little marketing budget. I think they should not have paid a dividend this year and used the cash to grow the brands.The very vegan brand is very niche and unlikely to bring in large revenue. Outdoor girl is on sale on Amazon but doesn't get the 5 star reviews of w7 .I sold 1/3 at opening and had the rest on a tight stop loss taken out by the mms . I'm out for now but do she value at 180

[bennodean] 10/5/2017 08:17

What's that based on, the bottom of the trend channel?

[bennodean] 10/5/2017 08:17

What's that based on, the bottom of the trend channel?

[bennodean] 10/5/2017 08:17

What's that based on, the bottom of the trend channel?

[moonboots222] 10/5/2017 08:15

Could it be MMs games knowing that people will have set tight stop losses and the MMs are dropping it and hoovering up shares before letting it fly in the afternoon? This is just wishful thinking!

[che7win] 10/5/2017 08:14

It's overvalued, worth 170p tops.

[ali47fish] 10/5/2017 08:13

i dont understand why there are so many sells

[smokybenchod] 10/5/2017 08:05

looks like sideways was the answer...

[runthejoules] 10/5/2017 07:57

So down or up then? Place your bets...

[glorenfeld] 10/5/2017 07:49

It's 8.6 after IPO costs adjusted out. It's 7.87 with IPO costs included.

[runthejoules] 10/5/2017 07:31

EPS 8.6p I think, 11.5p if IPO costs are stripped out. . Croasdalefc, you said it would fly to 250-300 at 10p, were you including one-off IPO costs in that?

[the patient investor] 10/5/2017 07:30

On

Lol

[onjohn] 10/5/2017 07:22

Patient
Hows the garden? Glad to see youve washed your filthy mouth out now :::))))
Those tulips have bloomed and all that is left are these dried up sloughs on the surface. Time to compost.

[moonboots222] 10/5/2017 07:06

Well, profit takers can suck on those maiden results then. Very positive.

[the patient investor] 09/5/2017 15:54

No
It is profit taking

[moonboots222] 09/5/2017 12:59

Ali47fish. Sorry to be the one to break it to you but that's how shares work. One day they go up, the next they may go down. W7L has had a very recent solid rise and today's drop could either be interpreted as profit taking before maiden results or a consolidation. I imagine it is a mixture of these two reasons.