Warpaint London Share Discussion Threads

[buywell3] 06/8/2019 15:58

Retail just had one of the worst July's ever recorded

[kiwihope] 06/8/2019 14:24

Maxi...

Was overpriced as a growth stock. Disappointments are punished badly in this market. No doubt they are struggling but then so is most of UK-facing retail. Balance sheet looks good so I think they have time to weather the storm - if retail improves then this could bounce back...

[maximus57] 06/8/2019 13:47

Why such an unloved stock? Fundamentals look good, making money. Yet seriously out of favour with investors. New to this board, any background bad history ?

[onjohn] 06/8/2019 13:08

Directors buying today I think

[kiwihope] 06/8/2019 09:05

Bad trading update.

Quick estimates give eps of about 3.8p (PE 15) and adjusted eps of about 6.7p (PE 9). I am taking view that problems are with general UK retail and not company specific. Sounds like overseas is still doing OK. Good balance sheet. On this basis I bought a few more... Will wait until final results in Sept to decide on further action, if any.

[onjohn] 06/8/2019 09:02

Disaster
35p then 18p on next warnings

Weak pound killing

[revoman] 17/4/2019 14:00

Looking a bit perky today.

[mauricemonkey] 10/4/2019 11:31

I agree, mostly victim to overstating expectations than any real fundamental problem in the business.
Hopefully international expansion will fill the gap and the AR states they have a plan to address the UK shortfall. I wonder if it’s worth them trying to get a tie-in with someone like BOO or ASOS, get the online retail channel going.

Single digit p/e, international growth and a decent divi. I remain long.

[dangersimpson2] 10/4/2019 10:52

Theses are a solid set of results given how badly UK retail is performing. Obviously the strategy of going after increasing international sales makes a lot of sense with international sales up 59% and 8% LfL, whereas UK sales fell 24% LfL in 2018. US W7 sales up 38% YoY in 2019, but from a small base, shows where the future opportunities lie.

The cautiously optimistic outlook and increasing dividend underpin most of the current valuation. Long-term, significant shareholder returns will depend on them being able to keep up the growth in international sales as the business scales up in those regions.

[fillipe] 23/2/2019 11:54

Further nice uptick at the end of the past week.

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[fillipe] 21/2/2019 16:19

87p being paid, today.
Looking healthier now.

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[djr555] 14/2/2019 11:22

What on earth is going on with this companies share price. Sold financially, making a profit, entering new markets.. ceo's buying at 120p, all the right signs for a buy, yet is is now 78p and still falling. This has to be overdone and turning a corner surely

[boffster] 30/1/2019 17:29

Some suspiciously large trades reported today. More director buys perhaps?

[opodio] 30/1/2019 16:57

30pc below forecast

[john09] 30/1/2019 16:47

Yep 2 million shares traded today too. Presumably an II dumping

[thaiger] 30/1/2019 16:45

Market makers make a mint on this share both ways as the spread is over 7%!!

[thaiger] 30/1/2019 11:55

Trading statement: Rev. GBP48 and PBT GBP8.25 before adj. Guess it's a miss!

[rawnsley] 30/1/2019 10:30

Margins and reversing the UK trend are key this year, otherwise it looks very promising.

I do expect price weakness to continue though. Perhaps below 70p.

It looks overdone, as we'd expect for a profit warning in this climate

[firtashia] 30/1/2019 09:38

DJR555- the digital look website has these forecasts
FY19- Revs £55.2m, PBT £10.75m, EPS 12.05p
FY20- Revs £61.0m, PBT £12.90M, EPS 14.30p

[thaiger] 30/1/2019 09:01

Comparing the prior trading statement and the one yesterday.......revenue and profit are both at lower end of range!

[djr555] 30/1/2019 08:41

What are the 2019 market expectations for revenue and profit?
Agree this seems undervalued. Although there was significant growth in sales for 2018 but minimal on profit so with margins down, would be good to understand this year's outlook from them