Warpaint London Share Discussion Threads

[ashleyjv] 22/4/2021 13:54

Just been to Tesco and thought I would check out Warpaint's stand. It was impressive display with a TV presentation etc. The only criticism was that they used the logo W7 instead of Warpaint which I think is better

[spectoacc] 21/4/2021 06:55

One of the very few I have that I can see 10-bagging - tho many a slip betwixt cup & lip ;)

Would need to go to c.700p. If the brand takes off - the ever-increasing Tesco deal suggests it might - and if the online side kicks on with greater margins, then why not. c.£100m, even 10x from here would only be £1bn.

[matt123d] 20/4/2021 17:11

Added more today as well, 180-200p range looks possible.

[jahmey] 20/4/2021 13:42

Promising update. I've just been on Amazon and seems there's quite a few of the W7 products on there with a lot of good reviews. I wasn't aware they sold through Amazon UK. Does anyone know how long they've been selling on there. Although can only find one product on the US based fivebelow.com .These new sales channels as well as Tescos could push significantly more sales.

[ashleyjv] 20/4/2021 08:47

I've just over doubled my previous holding. Looking good

[ynot68] 20/4/2021 08:43

Very encouraging news, excellent long term visibility. Like to see THG involved somehow. Long may this continue.

[spectoacc] 20/4/2021 07:16

Only a selection of it - reads very well, particularly the Xmas order and online sales:


"Sales of the Group's W7 branded products through Tesco stores in the UK continue to perform well, with Tesco stocking an additional 15 W7 product lines in over 600 Tesco Extra Stores and Supermarkets from the end of May 2021, and a substantial Christmas order has been placed by Tesco for delivery later in the year.


The Group's activities in the USA have been successfully refocused and restructured with the aim of increasing margin, reducing costs and building sales. Following a successful trial with store group Five Below, W7 products are now being stocked in over 1,000 of their stores in the USA.


As part of its focused efforts on its e-commerce strategy during 2020 the Group placed an increased emphasis on driving online sales via the Company's own websites and launched Amazon FBA (Fulfilment by Amazon) in the UK and USA. The positive momentum in e-commerce sales achieved in 2020 has continued to accelerate in 2021 with a further launch onto Amazon EU planned to be implemented in the near future.


The Company's net cash* balances as at 31 March 2021 totalled £5.2 million (31 March 2020: £3.0 million)."

[ynot68] 16/4/2021 07:51

Thought might have been an rns today

[tell sid] 16/4/2021 07:29

Sales for last year are expected to be £40m but sales for this year (to 31/12/2021) could be £120m to £150m with the rollout with Tesco. That would give an enterprise value of £600m to £750m.

[spectoacc] 15/4/2021 13:26

@dh1706 - THG Group. Been long rumoured so doubt the latest rise is that - more likely a tip somewhere from one of the more esoteric tip sheets. W7L are hardly pricey, even here.

[abarclay] 15/4/2021 12:52

WRKS am watching next

[spectoacc] 15/4/2021 12:23

Certainly not complaining. Always been rumoured as a THG target, but he's giving £100m to charity, not to us W7L'ers ;)

[dh1706] 15/4/2021 11:34

Agreed, according to the company, annual results are due out in April - may be something’s leaked?
The company would have to release an RNS if anything material has happened since trading update!

[ynot68] 15/4/2021 08:10

Why is market reacting yesterday to a TU released on 18th Jan? Must be something else?

[tell sid] 15/4/2021 07:31

Sales for last year are expected to be £40m but sales for this year (to 31/12/2021) could be £120m to £150m with the rollout with Tesco. That would give an enterprise value of £600m to £750m.

[ynot68] 14/4/2021 19:48

What trading statement , I don't see one

[abarclay] 14/4/2021 15:29

more lippy for those going out

[tell sid] 14/4/2021 13:40

The trading statement was very good. Looks like it wants to gap back up to 270p and beyond.

[ynot68] 14/4/2021 11:52

Something's up!

[typo56] 29/3/2021 17:35

Results should be soon.