Warpaint London Share Discussion Threads

[mauricemonkey] 01/2/2022 22:42

Explained at the last presentation - Boots and Tesco, amongst others, expect them to hold a lot more stock ready to be called forward. It's basically a working capital adjustment. We'll get the full results in April although that does mean they've increased inventories by something like £7M+. Best hope those sales come through!
Wouldn't surprise me to see the dividend being cut temporarily as the working capital takes time to work through.

[qsmeily456] 01/2/2022 12:32

Yes sell on news. £1.40🛩ԁ65;

Cash down to 4.1m from almost 5. A business losing money on sale increases...

[ynot68] 01/2/2022 08:25

Agree. It's a solid business with sound financials delivering on it's promises. Slow burner no fireworks. Boots and Tesco should push it along nicely. Decent year ahead assuming no headwinds.

[molatovkid] 01/2/2022 08:10

excellent results....bit of a keeper this one

[spectoacc] 01/2/2022 08:07

Decent! No debt, even after "significant stock purchases to satisfy 2022 demand".

Yes, perhaps still looking for that big step-up - but W7L highly solvent.

[ynot68] 28/1/2022 11:01

REVB jump replicated here please!

[mauricemonkey] 17/1/2022 12:12

They released a year end trading update 18th Jan last year so could be something released this week.

[ynot68] 17/1/2022 09:58

Moving this morning. Always seems a tad porous, wouldn't be surprised update v soon.

[spectoacc] 12/1/2022 16:04

Supermarket LfL been off the scale (eg +9%), got to hope some of that rubbed off onto W7L sales, even with all else being equal.

[ynot68] 11/1/2022 17:35

Hopefully Tesco sales have been impressive. Seems a little underwhelming that after all the vertical integration, e/commerce hype, and product development a supermarket's footfall should play such a crucial role. Must be a January update due.

[spectoacc] 07/1/2022 08:16

Agreed, how well did they sell at Tesco and online? Vs lack of make-up needed with little/no nightlife.

Be surprised if they haven't done well again tho - supermarkets got a lot of footfall, plus there's Xmas gifts even if less nightlife.

T/s on 18th Jan last year, but there hadn't been the November one we had recently, so nothing is set.

[ynot68] 07/1/2022 08:04

Post Xmas update wouldn't go amiss here, needs a catalyst!

[ynot68] 14/12/2021 10:11

130p and I'll certainly add, probably sooner

[qsmeily456] 14/12/2021 09:57

QsmeIly456

24 Nov '21 - 09:07 - 1093 of 1097  Edit

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130 target entry price?

[spectoacc] 29/11/2021 06:55

Online sales, but otherwise agree - they need a nightlife scene and no masks, or else why buy makeup.

Edit - pubs/clubs etc excluded from the new mask rules.

[ynot68] 28/11/2021 17:48

Is w7 a Covid beneficiary? Can't see it myself, surprised by uptick on Friday

[matt123d] 25/11/2021 13:21

Time to move up again

[ynot68] 24/11/2021 16:01

Doubt drop that far but you never know. 150p and I'm adding

[qsmeily456] 24/11/2021 09:07

130 target entry price?

[spectoacc] 02/11/2021 08:23

Can't go bust taking a profit, and a well-timed purchase, well done.

I fancy a string of "exceeds" t/s ahead the next year or two, as the brand gains traction, Tesco etc deals bear fruit, and they bust back through previous highs.

But whether I'm still in all my holding by then is another matter :)

[matt123d] 02/11/2021 08:19

Trimmed some into this, likely a tough spot to get through here.

[spectoacc] 02/11/2021 07:18

Not even peak season yet, got to be pleased with this:



"Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands is pleased to announce an update on current trading.

Following a continuation of the improving trends seen in the first half of the year, and outlined in the Company's interim results announcement on 22 September 2021, the Company now expects its results for the year ending 31 December 2021 to be ahead of market expectations.
"

[mauricemonkey] 28/10/2021 16:59

Well done on getting out early. Someone downvoted me for suggesting that around £2 wasn’t a bad time to topslice.
I’ve held all the way through and will keep holding as I’m rubbish at timing trades. I see this as having at least a couple of good years growth ahead of it. And with a 70p average the dividend yield for me is pretty sweet.

[matt123d] 28/10/2021 10:05

I've bought a few back this morning, maybe pops back up next month.